UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended ~~August~~February 3128, ~~2017~~2018

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______________ to _______________.

Commission File Number: 333-201288

GLOBAL SMART CAPITAL CORP

(Exact name of registrant as specified in its charter)

Nevada		37-1765902
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

Room 1905 Nam Wo Hong Building. 148 Wing Lok Street. Sheng Wan, Hong Kong		999077
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: 27 (83) 395 9532

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) has been subject to such filing requirements for the past 90 days. Yes x No ¨

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

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

Large accelerated filer ¨ Accelerated filer ¨ Non-accelerated filer ¨ Smaller reporting company x Emerging growth company ¨x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes x No ¨

Applicable only to corporate issuers:

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. As of ~~October~~May 1214, ~~2017~~2018, there were 1113,~~580~~368,~~000~~044 shares of common stock, $0.0001 par value, issued and outstanding.

GLOBAL SMART CAPITAL CORP

TABLE OF CONTENTS

PART I – FINANCIAL INFORMATION.
ITEM 1	Financial Statements.	4
ITEM 2	Management’s Discussion and Analysis of Financial Condition and Results of Operations.	10
ITEM 3	Quantitative and Qualitative Disclosures About Market Risk.	1213
ITEM 4	Controls and Procedures.	1213
PART II – OTHER INFORMATION.
ITEM 1	Legal Proceedings.	14
ITEM 1A	Risk Factors.	14
ITEM 2	Unregistered Sales of Equity Securities and Use of Proceeds.	14
ITEM 3	Defaults Upon Senior Securities.	14
ITEM 4	Mine Safety Disclosures.	14
ITEM 5	Other Information.	14
ITEM 6	Exhibits.	15

2 ~~Table of Contents~~

PART I – FINANCIAL INFORMATION

This Quarterly Report includes forward looking statements within the meaning of the Securities Exchange Act of 1934 (the “Exchange Act”). These statements are based on management’s beliefs and assumptions, and on information currently available to management. Forward looking statements include the information concerning our possible or assumed future results of operations set forth under the heading: “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Forward looking statements also include statements in which words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “consider” or similar expressions are used.

Forward looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions. Our future results and shareholder values may differ materially from those expressed in these forward looking statements. Readers are cautioned not to put undue reliance on any forward looking statements.

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ITEM 1 Financial Statements

Global Smart Capital Corp

Global Smart Capital Corp
Balance Sheets

	February 28			November 30
	2018			2017
	(unaudited)
ASSETS
Current assets
Cash	$	785		$	38
Prepaid expense		-			7,705
Total current assets		785			7,743

Total assets	$	785		$	7,743

LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities
Accounts payable	$	-		$	1,250
Loan payable - related party		87,072			61,922
Total current liabilities		87,072			63,172
Commitments and contingencies		-			-

Stockholders' equity (deficit)
Preferred stock; 10,000,000 authorized at $0.0001 par value, none issued and outstanding at February 28, 2018 and November 30, 2017		-			-
Common stock, 500,000,000 shares authorized; $0.0001
par value; 13,368,044 and 12,519,064 issued and outstanding
at February 28, 2018 and November 30, 2017 respectively		1,337			1,252
Additional paid in capital		244,453			159,640
Accumulated deficit		(332,077	)		(216,321	)
Total stockholders' deficit		(86,287	)		(55,429	)
Total liabilities and stockholders' deficit	$	785		$	7,743

~~Balance~~(the ~~Sheets~~accompanying notes are an integral part of these unaudited financial statements)

(unaudited)

	August 31,			November 30,
	2017			2016
ASSETS
Total assets	$	-		$	-
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current liabilities
Accounts payable	$	1,250		$	2,959
Loan payable - related party		59,622			35,043
		60,872			38,002
Stockholders' equity (deficit)
Preferred stock; 10,000,000 authorized at $0.0001 par value, none issued and outstanding at August 31, 2017 and November 30, 2016		-			-
Common stock, 500,000,000 shares authorized; $0.0001 par value; 11,580,000 and 8,580,000 issued and outstanding at August 31, 2017 and November 30, 2016, respectively		1,158			858
Additional paid in capital		65,828			36,128
Accumulated deficit		(127,858	)		(74,988	)
Total stockholders' equity (deficit)		(60,872	)		(38,002	)
Total liabilities and stockholders' equity (deficit)	$	-		$	-

(The accompanying notes are an integral part of these unaudited financial statements)

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Global Smart Capital Corp

Global Smart Capital Corp
Statements of Operations
(unaudited)

	For the Three Months Ended
	February 28
	2018			2017
Operating expenses
Consulting	$	7,705		$	-
General and administrative		23,153			6,295
Research and development		84,898			-
Total operating expenses		115,756			6,295

Loss from operations		(115,756	)		(6,295	)

Provision for income taxes		-			-
Net loss	$	(115,756	)	$	(6,295	)

Basic and diluted net loss per common share	$	(0.01	)	$	(0.00	)

Weighted average common shares outstanding -
Basic and diluted		12,771,932			8,580,000

~~Statements~~(the accompanying notes are an integral part of ~~Operations~~these unaudited financial statements)

(unaudited)

	For the Three Months Ended						For the Nine Months Ended
	August 31						August 31
	2017			2016			2017			2016
Operating expenses
General and administrative	$	8,509		$	7,488		$	22,870		$	49,742
Consulting		30,000			-			30,000			-
Total operating expenses		38,509			7,488			52,870			49,742
Loss from operations		(38,509	)		(7,488	)		(52,870	)		(49,742	)
Provision for income taxes		-			-			-			-
	$	(38,509	)	$	(7,488	)	$	(52,870	)	$	(49,742	)
Basic and diluted net loss per common share	$	(0.00	)	$	(0.00	)	$	(0.01	)	$	(0.01	)
Weighted average common shares outstanding -
Basic and diluted		10,112,609			8,580,000			9,072,701			8,580,000

(The accompanying notes are an integral part of these unaudited financial statements)

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Global Smart Capital Corp


Global Smart Capital Corp
Statements of Cash Flow
(unaudited)

	For the Three Months Ended
	February 28
	2018			2017

Cash flows from operating activities:
Net loss	$	(115,756	)	$	(6,295	)
Adjustments to reconcile net loss to net cash used in operations
Common shares issued for research and development		84,898			-
Amortization of prepaid expenses		7,705			-
Change in operating assets and liabilities
Increase (decrease) in accounts payable		(1,250	)		6,295
Net cash (used in) operating activities		(24,403	)		-

Investing activities:
Net cash provided (used in) investing activities		-			-

Financing activities:
Loan from related party		25,150			-
Net cash provided by financing activities		25,150			-

Net (decrease) in cash		747			-
Cash, beginning		38			-
Cash, ending	$	785		$	-

Supplementary information
Cash paid:
Interest	$	-		$	-
Income taxes	$	-		$	-

~~Statements~~(the accompanying notes are an integral part of ~~Cash~~these ~~Flow~~unaudited financial statements)

(unaudited)

	For the Nine Months Ended
	August 31
	2017			2016
Cash flows from operating activities:
Net loss	$	(52,870	)	$	(49,742	)
Adjustments to reconcile net loss to net cash used in operations
Overhead paid directly by related party		22,870			-
Stock based compensation		30,000			-
Change in operating assets and liabilities
Decrease in deposit		-			330
Net cash (used in) operating activities		-			(49,412	)
Investing activities:
Net cash provided (used in) investing activities		-			-
Financing activities:
Loan from related party		-			29,307
Net cash provided by financing activities		-			29,307
Net (decrease) in cash		-			(20,105	)
Cash, beginning		-			20,105
	$	-		$	-
Supplementary information
Cash paid:
Interest	$	-		$	-
Income taxes	$	-		$	-
Supplementary disclosure for non cash investing and financing activities
Debt owing to former director - converted to paid in capital	$	-		$	3,686
Related party payments to pay overhead items	$	22,870		$	-
Accounts Payable paid from related party advances	$	1,709		$	-

(The accompanying notes are an integral part of these unaudited financial statements)

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~~Global~~GLOBAL ~~Smart~~SMART ~~Capital~~CAPITAL ~~Corp~~CORP

~~Notes~~NOTES toTO ~~Financial~~UNAUDITED ~~Statements~~FINANCIAL STATEMENTS

~~For~~FOR ~~the~~THE ~~Three~~THREE ~~and Nine~~MONTHS ~~Months~~ENDED ~~Ended~~FEBRUARY ~~August 31~~28, 2018 AND 2017

And the Year Ended August 31, 2016

(unaudited)

NOTE 1 - ORGANIZATION AND OPERATIONS

~~GLOBAL~~Global ~~SMART~~Smart ~~CAPITAL~~Capital ~~CORP~~Corp (the “"Company”") was incorporated, ~~as Todex Corp.~~ in Nevada on September 18, 2014 (“"Inception”") as Todex Corp. and changed its name, ~~from~~on ~~Todex~~February 2, 2017, to Global Smart Capital Corp. On April 13, 2016, and on ~~February~~December 230, ~~2017.~~2016 ~~New~~through ~~officers~~changes ~~were~~of ~~elected~~control, onnew ~~February~~management 6was appointed and is negotiating to acquire a software platform that allows B2B, ~~2017~~B2C, C2C and ~~are~~C2B inand believes that the ~~process~~acquisition, ofif ~~developing~~consummated, awill ~~new~~produce ~~business~~significant ~~plan~~revenues, which, will enable the Company to exist as a going concern.

NOTE 2 - BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The accompanying unaudited interim financial statements of Global Smart Capital Corp have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto for the years ended November 30, ~~2016~~2017 and ~~2015~~2016, contained in the Company’s Form 10-K originally filed with the Securities and Exchange Commission on ~~February~~April 2223, ~~2017~~2018. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for the interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for years ended November 30, ~~2016~~2017 and ~~2015~~2016 as reported in the Company’s Form 10-K have been omitted.

Reclassification

Previous year amounts in the income statement have been reclassified to conform to the current year presentation. There was no impact on the Company’s balance sheets, income statement or statements of cash flows.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

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~~Global~~GLOBAL ~~Smart~~SMART ~~Capital~~CAPITAL ~~Corp~~CORP

~~Notes~~NOTES toTO ~~Financial~~UNAUDITED ~~Statements~~FINANCIAL STATEMENTS

~~For~~FOR ~~the~~THE ~~Three~~THREE ~~and~~MONTHS ~~Nine~~ENDED ~~Months~~FEBRUARY ~~Ended~~28, ~~August~~2018 ~~31,~~AND 2017

And the Year Ended August 31, 2016

(unaudited)

Recently Adopted Accounting Pronouncements

The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Research and Development Costs

Research and development costs include personnel costs, engineering, consulting and contract labor and are expensed as incurred for software development that has not achieved technological feasibility.

Share Based Compensation

Share-based compensation awards issued to non-employees for services are recorded at either the fair value of the services provided or the fair value of the share-based payments, whichever is more readily determinable.

NOTE 3 - GOING CONCERN

The accompanying financial statements have been prepared on a going concern basis which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the financial statements, during the ~~nine~~three months ended ~~August~~February 3128, ~~2017~~2018, the Company incurred a net loss attributable to common shareholders of $52115,~~870~~756, and ~~as of the same date~~ has an accumulated deficit of $~~127~~332,~~858~~077. If the Company is unable to generate profits and is unable to continue to obtain financing for its working capital requirements, it may have to curtail its business sharply or cease business altogether. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

The financial statements do not include any adjustment relating to the recoverability and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

The Company is taking certain steps to provide the necessary capital to continue its operations. These steps include, but are not limited to: 1) minimize the need for capital at this stage; 2) raising equity financing; 3) continuous focus on reductions in costs, where possible, and 4) implement a new business model.

NOTE 4: SHAREHOLDERS’ EQUITY

On August 21, 2017, the Company increased the authorized capital stock to 500,000,000 common shares and 10,000,000 preferred shares, both with a par value of $ 0.0001 per share. As of August 31, 2017 and November 30, 2016, there were no preferred shares issued. As of those same dates the Company had 11,580,000 and 8,580,000 common shares issued and outstanding.

On July 17, 2017 the Company issued 3,000,000 common shares to one individual for consulting services. The shares were recorded at a cost of $0.01 per share for a total cost of $30,000.

NOTE 5: RELATED PARTY TRANSACTIONS

In support of the Company’s efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note.

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~~Global~~GLOBAL ~~Smart~~SMART ~~Capital~~CAPITAL ~~Corp~~CORP

~~Notes~~NOTES toTO ~~Financial~~UNAUDITED ~~Statements~~FINANCIAL STATEMENTS

~~For~~FOR ~~the~~THE ~~Three~~THREE ~~and Nine~~MONTHS ~~Months~~ENDED ~~Ended~~FEBRUARY ~~August 31~~28, 2018 AND 2017

~~And~~NOTE ~~the~~4 ~~Year~~– ~~Ended~~STOCKHOLDERS’ ~~August 31, 2016~~EQUITY

The Company has authorized capital stock of 500,000,000 common shares with a par value of $ 0.0001 per share and 10,000,000 preferred shares with a par value of $0.0001 per share. The shares of Preferred Stock may be issued from time to time in one or more series. The Board of Directors of the Corporation (~~unaudited~~the "Board of Directors”) is expressly authorized to provide for the issue of all or any of the shares of the Preferred Stock in one or more series, and to fix the number of shares and to determine or alter for each such series, such voting powers, full or limited, or no voting powers, and such designations, preferences, and relative, participating, optional, or other rights and such qualifications. As of February 28, 2018 and November 30, 2017, the Company had 13,368,044 and 12,519,064 common shares issued and outstanding, respectively. As of the same dates there were no preferred shares issued.

AsOn ofJanuary ~~November 30~~22, ~~2016,~~2018 ~~the then sole Officer~~ and ~~Director~~on ~~had~~February ~~unsecured~~15, ~~non-interest~~2018 ~~bearing~~the ~~cash~~Company ~~advances~~issued, tofor ~~the~~services ~~Company~~provided, in488,389 ~~the~~and ~~amount~~360,591 ofcommon ~~$35,043~~shares to ~~cover~~273 ~~operating~~and ~~overhead.~~141 ~~Between~~persons, ~~December 1~~respectively, ~~2016~~recorded ~~and~~at ~~February~~a ~~28,~~cost ~~2017~~of ~~this~~$0.10 ~~Officer~~per ~~and~~share ~~Director~~or ~~advanced~~a antotal ~~additional~~of $884,~~914 of advances~~898.

OnNOTE ~~December~~5 ~~30,~~– ~~2016~~RELATED ~~the~~PARTY ~~sole officer and director sold 6,000,000 or 69.93% of the 8,580,000 to three investors and on February 6, 2017 appointed each of the three as officers and directors.~~TRANSACTIONS

OnIn ~~February~~support 22of the Company's efforts and cash requirements, ~~2017~~it ~~Dominic~~may ~~Chappell~~rely ~~resigned~~on advances from ~~all~~related ~~positions~~parties ~~held~~until assuch antime ~~officer~~that ~~and~~the ~~director~~Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note.

OnDuring ~~July~~the 17three months ended February 28, ~~2017~~2018 the Company ~~issued~~President 3and Director made unsecured,~~000,000~~ ~~common~~non-interest ~~shares~~bearing cash advances to athe ~~related~~Company, ~~party~~in ~~for~~the ~~consulting services.~~amount ~~The~~of ~~shares~~$25,150. ~~were~~As ~~recorded~~of atFebruary a28, ~~cost~~2018 ofand ~~$0.01~~November ~~per~~30, ~~share~~2017 ~~for~~the aCompany ~~total~~owed ~~cost~~$87,072 ofand $3061,~~000~~922 respectively.

NOTE 6: – SUBSEQUENT EVENTS

The Company has evaluated subsequent events from ~~August~~February 3128, ~~2017~~2018 through the date the financial statements were available to be issued and has determined that there have been no subsequent events for which disclosure is required.

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ITEM 2 Management’s Discussion and Analysis of Financial Condition and Results of Operations

Our Management’s Discussion and Analysis contains not only statements that are historical facts, but also statements that are forward-looking (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). Forward-looking statements are, by their very nature, uncertain and risky. These risks and uncertainties include international, national and local general economic and market conditions; demographic changes; our ability to sustain, manage, or forecast growth; our ability to successfully make and integrate acquisitions; raw material costs and availability; new product development and introduction; existing government regulations and changes in, or the failure to comply with, government regulations; adverse publicity; competition; the loss of significant customers or suppliers; fluctuations and difficulty in forecasting operating results; changes in business strategy or development plans; business disruptions; the ability to attract and retain qualified personnel; the ability to protect technology; and other risks that might be detailed from time to time in our filings with the Securities and Exchange Commission.

Although the forward-looking statements in this Quarterly Statement reflect the good faith judgment of our management, such statements can only be based on facts and factors currently known by them. Consequently, and because forward-looking statements are inherently subject to risks and uncertainties, the actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. You are urged to carefully review and consider the various disclosures made by us in this report and in our other reports as we attempt to advise interested parties of the risks and factors that may affect our business, financial condition, and results of operations and prospects.

The following discussion and analysis of financial condition and results of operations of the Company is based upon, and should be read in conjunction with, its unaudited financial statements and related notes elsewhere in this Form 10-Q, which have been prepared in accordance with accounting principles generally accepted in the United States.

Summary Overview

Going Concern

As a result of our financial condition, we have received a report from our independent registered public accounting ~~firm~~firms for our financial statements for the years ended November 30, ~~2016~~2017 and ~~2015~~2016 that includes an explanatory paragraph describing the uncertainty as to our ability to continue as a going concern. In order to continue as a going concern we must effectively balance many factors and begin to generate revenue so that we can fund our operations from our sales and revenues. If we are not able to do this we may not be able to continue as an operating company. At our current revenue and burn rate, our cash on hand will last less than one month, and thus we must raise capital by issuing debt or through the sale of our stock. However, there is no assurance that our existing cash flow will be adequate to satisfy our existing operating expenses and capital requirements.

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Our new management has an up-dated business model designed to produce revenue within the current fiscal year and is negotiating to acquire a software platform that allows B2B, B2C, C2C and C2B and believes that the acquisition, if consummated, will produce significant revenues, which, will enable the Company to exist as a going concern.

The software in question is a Chinese e-commerce platform that allows for discounts to members from Vendors. It also allows incentives to encourage existing members to introduce new members.

The software is being tried and tested in China in the Hangzhou and Shenzhen areas. We are currently still performing due diligence on the product and product offerings and have issued, 848,980 restricted, common shares to a total of 414 persons, during the quarter ended February 28, 2018, who have tested and are continuing to test the platform.

The individuals, so retained, were hired and supervised by the software developer, to test the application. They were required, on multiple instances, to sign on and access different areas of the application to ensure that there were no major issues in utilizing the platform. Our Company undertook to provide the compensation, to those testers.

Results of Operations

Introduction

On ~~April 13, 2016, and again on~~ February 6, 2017 new management was appointed in connection with changes of control of the Company. At this time, we do not have an established business plan, but, are evaluating a software platform. However, we are taking steps to provide capital and minimize losses in the absence of a revenue producing business, including: (1) minimizing expenses, (2) raising equity financing, and (3) developing and implementing a new business model. Our management is actively seeking an operating business to acquire or with which to complete a merger.

Revenues

The Company was established on September 18, 2014 and had no revenues for the ~~nine~~three months ended ~~August~~February 3128, ~~2017~~2018 and ~~2016~~2017.

Operating Expenses

General and administrative expenses were $823,~~509~~153 and $76,~~488~~295 respectively for the three months ended ~~August~~February 3128, ~~2017~~2018 and ~~2016~~2017 ~~and~~respectively; ~~$22,870~~stock ~~and~~based consulting fees of $497,~~742~~705 for the ~~nine~~three months ended ~~August~~February 3128, ~~2017~~2018 ~~and~~compared ~~2016,~~to ~~respectively.~~$0 ~~The~~for ~~reduction,~~the ~~was~~same ~~due~~period toin ~~the~~2017 ~~elimination~~and ofstock ~~legal~~based ~~fees~~research ~~incurred~~and ~~during~~development ~~the~~costs ~~current~~of ~~year~~$84,898 ~~due~~for ~~reduced~~the ~~operating~~three ~~activity.~~months Inended ~~addition~~February to28, ~~the~~2018 ~~general~~compared ~~and~~to ~~administrative~~$0 ~~costs,~~for the ~~Company, during the~~ three months ended ~~August~~February 3128, 2017,. ~~issued~~The 3increase,~~000,000~~ ~~common~~during ~~restricted~~the ~~shares,~~current ~~recorded~~three atmonths, awas ~~cost~~due ~~of $30,000,~~ to anthe ~~individual~~increased ~~for~~research ~~consulting~~activity, ~~services.~~incurred, ~~There~~to ~~was~~determine nothe ~~such~~functionality ~~cost~~of ~~during~~ the ~~comparative~~proposed ~~periods~~software ~~in 2016~~platform.

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Net Loss

Net loss for the three months ended ~~August~~February 3128, ~~2017~~2018 increased to $38115,~~509~~756 compared to $76,~~488~~295 for the three months ended ~~August~~February 3128, ~~216~~2017. ~~and~~Net ~~$52,870~~loss ~~compared to $49,742~~ for the ~~nine~~three months ~~ending~~ended ~~August~~includes 31$7,705 ~~2017~~consulting services and ~~2016~~$84,898 ~~respectively,~~of ~~due~~research toand ~~the~~development ~~factors~~costs, ~~discussed~~both inpaid ~~the~~for ~~previous~~with ~~paragraph~~common stock.

Liquidity and Capital Resources

Introduction

During the ~~nine~~three months ended ~~August~~February 3128, ~~2017,~~2018 ~~because~~ we did not generate any ~~revenues~~revenue, and we had no operating cash ~~flows~~flow. We had no$785 cash on hand as of ~~August~~February 3128, ~~2017~~2018. Our monthly cash flow burn rate for the ~~nine~~three months ended ~~August~~February 3128, ~~2017~~2018 was approximately $27,~~541~~718 per month, consisting, primarily of the normal professional fees and costs associated with public company maintenance. Advances from related parties ~~has~~have been our source of capital for the ~~nine~~three months ended ~~August~~February 3128, ~~2017~~2018. InWe ~~addition~~will tonot ~~the~~be ~~$35,043~~able ~~received~~to ~~through~~fund ~~November~~our ~~30,~~operations ~~2016,~~for inthe ~~loans~~next ~~from~~12 ~~related~~months ~~parties,~~unless ~~the~~we ~~same~~are ~~parties~~able ~~advanced~~to anraise ~~additional~~capital ~~$8,914~~from ~~during~~ the ~~nine~~sale ~~months~~of ~~ended~~our ~~August~~stock ~~31,~~and/or ~~2017,~~debt ~~and~~financings. aA current officer and director advanced $1525,~~665~~150 during the ~~nine~~three months ended ~~August~~February 3128, 2018, and during the same period in 2017, paid $8,914 directly to service providers. Although we have moderate short term cash needs, as we implement our business plan and our operating expenses increase we will face strong medium to long term cash needs. We anticipate that these needs will be satisfied through the issuance of debt or the sale of our securities until such time as we can begin a business that will generate revenues and our cash flows from operations will satisfy our cash flow needs.

11Our ~~Table~~cash ofand ~~Contents~~total current assets decreased because we paid operating expenses with loans from related parties and did not generate revenues or raise additional capital, other than the advances referred to above and our total stockholders’ deficit increased to $332,077.

Our cash and total current assets decreased because we paid operating expenses with loans from related parties and did not generate revenues or raise additional capital, other than the advances referred to above and our total stockholders’ deficit increased to $127,858.

We do not expect to generate revenues until we are able to develop and implement our business plan. In order to repay our obligations in full or in part when due, we will be required to raise significant capital from other sources. There is no assurance, however, that we will be successful in these efforts.

Cash Requirements

Our cash on hand as of August 31, 2017 was $0. Based on our lack of revenues and current monthly burn rate of approximately $2,541 per month, we will not be able to fund our operations for the next 12 months unless we are able to raise capital from the sale of our stock and/or debt financings.

Sources and Uses of Cash

Operations

We had net cash used in operating activities of $0.24,403 during the ~~nine~~three months ended ~~August~~February 3128, ~~2017~~2018 compared to ~~net~~$0 cash used ofduring ~~$49,412 for~~ the ~~nine~~three months ended ~~August~~February 3128, ~~2016~~2018. For the ~~nine~~three months ended ~~August~~February 3128, 2017, the net cash used in operating activities consisted of ~~our net loss of $38,509 minus $30,000 in non-cash stock based compensation minus a decrease in accounts payable of $1,709 and minus $24,579~~ overhead items paid directly by previous and current officers and directors. All of our outstanding payables, except for $1,250, incurred during the ~~nine~~three months ended ~~August~~February 3128, 2017 were paid directly by related parties. ~~For the nine months ended August 31, 2016, the net cash used in operating activities consisted of our net loss of $49,742 less the decrease in deposits of $330.~~

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Financing

Our net cash provided by financing activities for the ~~nine~~three months ended ~~August~~February 3128, ~~2017~~2018 ~~and~~was ~~August 31~~$25,150 ~~2016~~provided ~~was~~by a related party compared to $0, ~~respectively.~~provided during the same period in 2017.

ITEM 3 Quantitative and Qualitative Disclosures about Market Risk

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

ITEM 4 Controls and Procedures

(a) Disclosure Controls and Procedures

We conducted an evaluation, with the participation of our Chief Executive Officer and Chief Financial Officer, 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, or the Exchange Act, as of ~~August~~February 3128, ~~2017~~2018, to ensure that information required to be disclosed by us in the reports filed or submitted by us under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Securities Exchange Commission’s rules and forms, including to ensure that information required to be disclosed by us in the reports filed or submitted by us under the Exchange Act is accumulated and communicated to our management, including our principal executive and principal financial officer, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. Based on that evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that as of ~~August~~February 3128, ~~2017~~2018, our disclosure controls and procedures were not effective.

12Our ~~Table~~principal executive officers do not expect that our disclosure controls or internal controls will prevent all errors and all fraud. Although our disclosure controls and procedures were designed to provide reasonable assurance of ~~Contents~~achieving their objectives and our principal executive officers have determined that our disclosure controls and procedures are not effective at doing so, a control system, no matter how well conceived and operated, can provide only reasonable, not absolute assurance that the objectives of the system are met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented if there exists in an individual a desire to do so. There can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.

Our principal executive officers do not expect that our disclosure controls or internal controls will prevent all errors and all fraud. Although our disclosure controls and procedures were designed to provide reasonable assurance of achieving their objectives and our principal executive officers have determined that our disclosure controls and procedures are effective at doing so, a control system, no matter how well conceived and operated, can provide only reasonable, not absolute assurance that the objectives of the system are met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented if there exists in an individual a desire to do so. There can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.

(b) Changes in Internal Control over Financial Reporting

No change in our system of internal control over financial reporting occurred during the period covered by this report, the nine month period ended ~~August~~February 3128, ~~2017~~2018, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

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PART II – OTHER INFORMATION

ITEM 1 Legal Proceedings

We are not a party to or otherwise involved in any legal proceedings.

In the ordinary course of business, we are from time to time involved in various pending or threatened legal actions. The litigation process is inherently uncertain and it is possible that the resolution of such matters might have a material adverse effect upon our financial condition and/or results of operations. However, in the opinion of our management, other than as set forth herein, matters currently pending or threatened against us are not expected to have a material adverse effect on our financial position or results of operations.

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 ~~July~~January 1722, ~~2017~~2018 and on February 15, 2018 the Company issued 3,~~000,000~~ ~~common~~for ~~shares~~services toprovided, a488,389 ~~related~~and ~~party~~360,591 ~~for~~common ~~consulting~~shares ~~services.~~to ~~The~~273 ~~shares~~and ~~were~~141 persons, respectively, recorded at a cost of $0.0110 per share ~~for~~or a total ~~cost~~ of $3084,~~000~~898.

ITEM 3 Defaults upon Senior Securities

There have been no events which are required to be reported under this Item.

ITEM 4 Mine Safety Disclosures

Not applicable.

ITEM 5 Other Information

None.

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ITEM 6 Exhibits

(a) Exhibits

3.1 (1)		Amended and Restated Articles of Incorporation of Todex Corp.

31.1		Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer

31.2		Rule 13a-14(a)/15d-14(a) Certification of Chief Financial Officer

32.1		Chief Executive Officer Certification Pursuant to 18 USC, Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

32.2		Chief Financial Officer Certification Pursuant to 18 USC, Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

101.INS		XBRL Instance Document

101.SCH		XBRL Schema Document

101.CAL		XBRL Calculation Linkbase Document

101.DEF		XBRL Definition Linkbase Document

101.LAB		XBRL Labels Linkbase Document

101.PRE		XBRL Presentation Linkbase Document

______________

(1)	Incorporated by reference from our registration statement on Form S-1 filed with the Commission on December 31, 2014.

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SIGNATURES

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

	Global Smart Capital Corp
Dated: October 25, 2017	By:	/s/ Johannes P. Roux
Dated: May 15, 2018	By:	/s/ Johannes P. Roux
	Name:	Johannes P. Roux
	Its:	President

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