UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

~~WASHINGTON~~Washington, D.C. 20549

FORM 10-K

(Mark One)

☒	ANNUAL REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

	For the fiscal year ended: November 30, 2021

	OR

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

	For the transition period from to

~~☒ ANNUAL~~Commission ~~REPORT~~file ~~PURSUANT~~number: ~~TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934~~ 333-216292

~~for~~INSTADOSE ~~the~~PHARMA ~~fiscal~~CORP. ~~year~~(Exact ~~ended~~name ~~November~~of ~~30,~~Company ~~2020~~in its charter)

Nevada		81-3599639
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification)

~~☐ TRANSITION~~5500 ~~REPORT~~North ~~PURSUANT~~Service TORoad, ~~SECTION~~Suite ~~13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934~~301

~~For~~Burlington, ~~the~~Ontario, ~~transaction~~L7L ~~period~~6W6 ~~from _______ to ________~~

~~Commission~~(Address ~~File~~of ~~No.~~principal ~~333-216292~~executive offices, including zip code)

~~MIKROCOZE~~Registrant’s ~~INC.~~Telephone ~~(Exact~~number, ~~name~~including ofarea ~~registrant~~code: ~~as specified in its charter~~(800) 701-4342

Nevada		81-3599639
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

Securities registered pursuant to Section 12(b) of the Act: None

~~1545~~Securities ~~Crossways~~registered ~~Blvd.,~~pursuant ~~Suite~~to ~~250,~~Section ~~Chesapeake,~~12(g) ~~Virginia~~of the Act: Common Stock, ~~23320-0210~~$0.001 par value

~~(Address~~Indicate ofby ~~principal~~check ~~executive~~mark ~~offices~~if the registrant is a well-known seasoned issuer, ~~Zip~~as ~~Code)~~defined in Rule 405 of the Securities Act. Yes ☐ No ☒

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(~~800~~d) ~~542-8715~~of the Exchange Act. Yes ☐ No ☒

~~(Registrant’s~~Indicate ~~telephone~~by ~~number~~check mark whether the registrant has submitted electronically and posted on its corporate Website, ~~including~~if ~~area~~any, ~~code~~every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (section 232.406 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 ☒ No ☐

~~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 during the preceding 12 months (or such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for at least the part 90 days.

~~(Former~~Yes ~~name,~~☒ No ~~former address and former fiscal year, if changed since last report)~~☐

~~Securities~~Indicate ~~registered~~by ~~pursuant~~check mark if disclosure of delinquent filers in response to ~~Section~~Item ~~12(b)~~405 of Regulation S-K is not contained hereof, and will not be contained, to will be contained, to the ~~Exchange~~best ~~Act:~~of the registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ☐

~~Common~~Indicate ~~stock~~by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or emerging growth company.

~~(Title~~Large ofaccelerated ~~each~~filer ~~class)~~☐ Accelerated filer ☐ Non-accelerated filer ☒ Smaller reporting company ☒ Emerging growth company ☐

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. ☐ Yes ☒ No

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. ☐ Yes ☒ No

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 ☐ 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 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 ☐ No

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ☒ Yes ☐ 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 ☐ Non-accelerated filer ☒ Accelerated filer ☐ Smaller reporting company ☒ (Do not check if a smaller reporting company) Emerging growth company ☐

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. ☐

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

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed second fiscal quarter. The market value of the registrant’s voting $0.0001 par value common stock held by non-affiliates of the registrant at May 31, 2021 was approximately $2,462,500.

~~(APPLICABLE~~Indicate ~~ONLY~~the TOnumber ~~CORPORATE~~of ~~RETISTRANTS)~~shares outstanding of each of the registrant’s classes of common stock, as of the latest practicable date. The number of shares outstanding of the registrant’s only class of common stock, as of March 15, 2022 was 531,933,749 shares of its $0.0001 par value common stock.

AsNo ofdocuments ~~February~~are ~~24,~~incorporated ~~2021,~~into the ~~Company~~text ~~has~~by ~~75,000,000 shares of common stock issued and outstanding~~reference.

~~MIKROCOZE~~Instadose ~~INC~~Pharma Corp.

~~TABLE~~Form ~~OF CONTENTS~~10-K

		Page
PART I
ITEM 1.	BUSINESS	4
ITEM 1A.	RISK FACTORS	6
ITEM 1B.	UNRESOLVED STAFF COMMENTS	6
ITEM 2.	PROPERTIES	6
ITEM 3.	LEGAL PROCEEDINGS	6
ITEM 4.	MINE SAFETY DISCLOSURES	6
PART II
ITEM 5.	MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES	7
ITEM 6.	SELECTED FINANCIAL DATA	7
ITEM 7.	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	7
ITEM 7A.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	11
ITEM 8.	FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA	12
ITEM 9.	CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE	13
ITEM 9A.	CONTROLS AND PROCEDURES	13
ITEM 9B.	OTHER INFORMATION	15
PART III
ITEM 10.	DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE	16
ITEM 11.	EXECUTIVE COMPENSATION	17
ITEM 12.	SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS	19
ITEM 13.	CERTAIN RELATIONSHIP AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE.	19
ITEM 14.	PRINCIPAL ACCOUNTANT FEES AND SERVICES.	19
PART IV
ITEM 15.	EXHIBITS AND FINANCIAL STATEMENT SCHEDULES	20
	SIGNATURES	21

For the Fiscal Year Ended November 30, 2021

2Table of Contents

Use of Certain Defined Terms

		Page
	Part I
Item 1.	Business	3
Item 1A.	Risk Factors	24
Item 1B.	Unresolved staff comments	31
Item 2.	Properties	31
Item 3.	Legal Proceedings	32
Item 4.	Mine Safety Disclosures	32

	Part II
Item 5.	Market for Company’s Common Equity, Related Stockholders Matters and Issuer Purchases of Equity Securities	33
Item 6.	Selected Financial Data	33
Item 7.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	33
Item 7A.	Quantitative and Qualitative Disclosures about Market Risk	36
Item 8.	Financial Statements and Supplementary Data	37
Item 9.	Changes in and Disagreements with Accountants on Accounting and Financial Disclosure	52
Item 9A.	Controls and Procedures	53
Item 9B.	Other Information	53

	Part III
Item 10.	Directors, Executive Officers and Corporate Governance	54
Item 11.	Executive Compensation	56
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	57
Item 13.	Certain Relationships and Related Transactions, and Director Independence	58
Item 14.	Principal Accountant Fees and Services	58

	Part IV
Item 15.	Exhibits, Financial Statement Schedules	59
Signatures		60

~~Except~~2 asTable ~~otherwise~~of ~~indicated by the context, references in this report to “Mikrocoze Inc..”, “we,” “us,” “our,” “our Company,”~~ Contents

Forward-Looking Statements

This Annual Report on Form 10-K contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements discuss matters that are not historical facts. Because they discuss future events or conditions, forward-looking statements may include words such as “anticipate,” “believe,” “estimate,” “intend,” “could,” “should,” “would,” “may,” “seek,” “plan,” “might,” “will,” “expect,” “anticipate,” “predict,” “project,” “forecast,” “potential,” “continue” negatives thereof or similar expressions. Forward-looking statements speak only as of the date they are made, are based on various underlying assumptions and current expectations about the future and are not guarantees. Such statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, level of activity, performance or achievement to be materially different from the results of operations or plans expressed or implied by such forward-looking statements.

We cannot predict all of the risks and uncertainties. Accordingly, such information should not be regarded as representations that the results or conditions described in such statements or that our objectives and plans will be achieved, and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. These forward-looking statements are found at various places throughout this Annual Report on Form 10-K and include information concerning possible or assumed future results of our operations, including statements about potential acquisition or merger targets; business strategies; future cash flows; financing plans; plans and objectives of management; any other statements regarding future acquisitions, future cash needs, future operations, business plans and future financial results, and any other statements that are not historical facts.

These forward-looking statements represent our intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, uncertainties and other factors. Many of those factors are outside of our control and could cause actual results to differ materially from the results expressed or implied by those forward-looking statements. In light of these risks, uncertainties and assumptions, the events described in the forward-looking statements might not occur or might occur to a different extent or at a different time than we have described. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of the Annual Report on Form 10-K. All subsequent written and oral forward-looking statements concerning other matters addressed in this Annual Report on Form 10-K and attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this Annual Report on Form 10-K.

Except to the extent required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, a change in events, conditions, circumstances or assumptions underlying such statements, or otherwise.

3 Table of Contents

PART I

ITEM 1. BUSINESS

~~Business~~ Overview

WeThe ~~are an early-stage company with the intention to engage in the business of designing~~Company, ~~manufacturing and selling~~ a ~~line~~Nevada ofcorporation ~~well-designed~~is ~~micro-furniture~~organized ~~that~~as ~~will~~a ~~transform~~holding ~~any small space, particularly apartments and condominiums into beautiful functional spaces~~company. WeThe ~~will~~following ~~endeavor~~business todescription ~~assist~~describes ~~each~~the ~~customer~~background ~~in making every square foot of their space highly functional~~ and ~~attractive~~activities ~~by presenting them with a proposed extensive collection~~ of ~~transforming~~its ~~designed~~wholly toowned ~~maximize~~subsidiary, ~~any~~Instadose ~~small~~Pharma ~~space~~Corp. ~~We currently have no products; however~~, ~~we have entered into~~ a ~~Master~~British ~~Manufacturing~~Colombia ~~Agreement~~corporation (~~“Agreement”)~~Instadose ~~with, New Bharat Furniture House, located in Amritsar, India to produce our proposed line of micro-furniture~~Canada). Mikrocoze entered into the Agreement on January 4, 2017. The term of the Agreement is for 5 years. There are no minimum purchases and Bharat Furniture will produce proposed micro-furniture products under the specification provided by Mikrocoze. Refer to a copy of Agreement in the Exhibit section of this offering.

~~Furniture~~The ~~sales~~Company, inthrough ~~the~~its ~~United~~wholly ~~States~~owned ~~have~~subsidiary, ~~proven~~Instadose Canada is seeking to becreate ~~significant~~a ~~and~~global ~~are~~distribution ~~deemed~~platform tofor bemedicinal acannabis ~~necessity~~and ofcannabinoid ~~the~~oil ~~majority~~(“Global ofDistribution ~~households~~Platform”). ~~However,~~Instadose asCanada ~~home~~endeavors ~~prices~~to ~~and~~utilize ~~density~~the ~~have~~Global ~~increased,~~Distribution ~~particularly~~Platform into open the ~~large~~commercial ~~urban~~gateway ~~centers,~~to a new ~~wave~~wholesale ofmarketplace ~~demand~~capable ~~has~~of ~~been~~providing ~~created~~pharmaceutical ~~for~~industry ~~micro-style~~companies ~~furniture~~(“Big toPharma”) ~~accommodate~~with ~~the~~large, ~~smaller~~sustainable, ~~living~~consistent, ~~spaces~~diverse, ~~now~~and ~~being~~low‑cost ~~built.~~supplies ~~The~~of ~~affordability~~high‑quality ~~factors~~medicinal ~~for~~cannabis ~~home purchases~~ and ~~subsequently,~~cannabinoid ~~furnishings~~oil ~~these~~for ~~homes~~use ~~have left a hole~~ in ~~the~~bulk ~~furniture~~as ~~market~~an ~~that~~active ~~will~~pharmaceutical ~~attempt to fill~~ingredient.

~~Our~~Instadose ~~revenue~~Canada’s ~~streams~~Global ~~will~~Distribution bePlatform ~~each~~spans offive ~~our~~(5) ~~offered~~continents ~~products~~to ~~that include; Wall beds~~date, ~~Convertible~~including ~~beds~~Africa, ~~Transforming tables~~Europe, ~~Company seating solutions~~Asia, ~~Storage~~South ~~solutions~~America, ~~Desks~~ and ~~work~~North ~~spaces and Wardrobe and closet solutions~~America. WeWithin ~~intend to develop strategic partnerships with~~ each ~~revenue~~continent, ~~stream~~Instadose toCanada ~~enhance~~is ~~our~~establishing ~~online~~large‑scale ~~sales.~~operational ~~For~~subsidiaries ~~example,~~and wejoint ~~will~~venture ~~partner~~partnerships ~~with~~to ~~bedding~~secure ~~and~~access ~~duvet companies~~ to ~~expand~~government‑issued ~~our~~licenses ~~customer~~and ~~base~~permits ~~for~~in ~~beds.~~countries ~~There~~such isas noThe ~~need~~Democratic ~~for~~Republic of the ~~Company~~Congo to(“DRC”), ~~purchase~~North orMacedonia, ~~otherwise~~Portugal, ~~obtain~~India, ~~special~~Colombia, ~~equipment~~Mexico, toand ~~manufacture.~~Canada, ~~Mikrocoze~~each ~~Inc.~~seeking ~~plans~~ to ~~sell~~increase ~~its~~their ~~proposed~~level ~~furniture~~of ~~line~~participation inwithin ~~easily assembled packaging and shipping product directly from~~ the ~~manufacturer~~global ~~and~~medicinal ~~eventually~~cannabis ~~setup a distribution center in the United States~~industry.

~~During~~Instadose Canada was incorporated under the ~~next~~BCBCA 12as ~~months,~~Cannabec ~~Mikrocoze~~Medical ~~Inc~~Corp. ~~intends~~(“Cannabec”) on ~~developing~~July ~~the~~13, ~~Mikrocoze~~2017 ~~Inc.~~with ~~proposed~~an ~~line~~authorized ofshare ~~micro-furniture~~structure ~~and~~of 1,000 ~~once~~Class ~~such~~A ~~products~~common ~~are~~shares. ~~developed~~On ~~and~~December ~~exist~~11, we2017, ~~will~~Cannabec ~~begin~~filed ~~attempting~~a Form 11 Notice of Alteration with B.C. Registrar of Companies amending the authorized share structure to ~~distribute~~an unlimited number of common shares without par value, ~~market~~special ~~and~~rights, ~~sell~~or ~~via~~restrictions. ~~our~~A ~~web-site~~Notice ~~our~~of ~~proposed~~Articles ~~micro-furniture~~was ~~line~~issued inby ~~the~~Registry ~~major~~Services ~~urban~~on ~~centers~~the ofsame date reflecting the ~~United~~amended ~~States~~share ~~such~~structure. asOn ~~New~~August ~~York~~13, ~~and~~2018, ~~Chicago~~Cannabec changed its corporate name to Excellence Health Group Inc. (“EHG”). On January 31, ~~where~~2019, ~~density~~EHG ~~and~~entered ~~housing~~into ~~costs~~a ~~are~~share ~~high~~exchange ~~and~~agreement ~~new~~with ~~affordable~~Grant ~~housing~~F. ~~developments~~Sanders ~~are~~and ~~creating~~Instadose ~~micro-apartments~~Canada. ~~Therefore~~On February 5, ~~the~~2019, ~~northeastern~~EHG ~~part~~changed ofits ~~the~~corporate ~~United~~name ~~States~~to isInstadose ~~the~~Pharma ~~ideal~~Corp. ~~location~~as tocontemplated ~~market~~by the ~~initial~~share ~~business~~exchange ~~and~~agreement. ~~proposed~~The ~~product~~share exchange agreement was completed on February 8, 2019.

~~There~~The isEHG ~~the~~Share likelihood that we may never be able to successfully market our micro-furniture products that the Company would need to successfully complete and implement its plan of operation. If our company is not capable of building a market for its product, all funds that we spend on development will be lost.Exchange

~~Product~~Prior to completion of the share exchange, Grant F. Sanders, a former officer and director of the Company was actively engaged in seeking official authorization to cultivate medicinal cannabis in the DRC exclusively for medicinal and scientific purposes. Once secured, Instadose Canada would be granted exclusive rights to assist in monetizing these medicinal cannabis rights. Pursuant to the terms of the share exchange, EHG agreed to acquire all of the issued and outstanding common shares of Instadose Canada from Mr. Sanders in exchange for EHG common shares. After the closing, EHG (as Instadose Canada) would carry on the business previously conducted by Instadose Canada. As a condition to completing the share exchange agreement, EHG agreed to cancel certain issued and outstanding EHG common shares following the EHG closing, as well as several outstanding stock options issued to EHG directors and officers.

~~Mikrocoze Inc. is organized to sell micro-furniture that is designed to maximize any small space and to sell its products via the internet. Our web site is www.microcozeinc.com.~~Maribec

~~Corporate~~Maribec ~~History~~Health Products Inc. (“Maribec”) is a Quebec corporation, which was registered with Registraire des Entreprises Québec on June 20, 2017. Following its registration, ownership of Maribec was held in the name of a director and officer of EHG pursuant to a declaration of trust in favour of EHG. On March 13, 2018, the declaration of trust was cancelled and ownership of Maribec was transferred to EHG. On December 20, 2017, Maribec, then a wholly owned subsidiary of EHG, submitted its application to Health Canada to become a licensed cannabis produce under the Access to Cannabis for Medical Purposes Regulations which would allow Maribec to establish operations at its production facility located at 433‑435 Boul. Industriel in the town of Asbestos (now Val‑des‑Sources), Quebec. Maribec’s license application would eventually be converted into an application for a standard cultivation license (under the new cannabis regulations which came into effect in Canada on October 17, 2018).

~~Mikrocoze~~3 ~~Inc.~~Table ~~was incorporated on August 17, 2016 under the laws~~ of ~~the State of Nevada. Sukhmanjit Singh has served as President and Chief Executive Officer, and Secretary of our company from August 17, 2016 to October 9, 2020.~~ Contents

As at the date of the share exchange agreement, Maribec was still awaiting receipt of its cultivation license from Health Canada. On ~~October~~February 97, ~~2020~~2019, and prior to the ~~existing~~EHG ~~director~~closing, EHG sold and ~~officer~~transferred all of EHG’s right, title, and interest in and to the ~~Company~~issued ~~resigned~~and ~~effective~~outstanding ~~immediately~~shares of Maribec to Desmond Ste. ~~Accordingly,~~Marie ~~Sukhmanjit~~for ~~Singh,~~one ~~serving~~dollar as($1.00) pursuant to the terms of a ~~director~~share ~~and~~purchase anagreement ~~officer~~dated February 7, ~~ceased~~2019. toCompletion beof the ~~Company~~Maribec Sale was driven by EHG’s ~~Chief~~desire ~~Executive~~to ~~Officer,~~avoid ~~Chief~~potential ~~Financial~~delays ~~Officer,~~in ~~President,~~receiving ~~Treasurer,~~its ~~Secretary~~cultivation ~~and~~license athat ~~Director.~~may Athave been caused by the ~~effective~~pending ~~date~~completion of the ~~resignation,~~share Mrexchange. ~~Terry~~But ~~Wilshire~~for ~~consented~~the toMaribec ~~act~~Sale, ascompletion of the ~~new~~share ~~President,~~exchange ~~CEO,~~would ~~CFO~~have ~~and~~required ~~Member~~Health Canada to expand the scope of its due diligence screening to include the ~~Board~~entirety of ~~Directors~~Instadose Canada’s incoming management team thereby almost certainly extending the timeline for Health Canada’s issuance of the ~~Company~~cultivation license. Simultaneously with the execution of the Maribec share purchase agreement, EHG and ~~Robert~~Mr. Ste. ~~Dickenson~~Marie ~~consented~~executed an option agreement also dated February 7, 2019. Pursuant to ~~act~~the asterms of the ~~new~~option ~~Vice~~agreement, ~~President~~Mr. Ste. Marie granted to EHG an irrevocable option exercisable by EHG to re‑purchase the Maribec shares from Mr. Ste. Marie upon (i) EHG, its directors and ~~Member~~officers obtaining the requisite consents, approvals, and security clearances from Health Canada and (ii) payment to Mr. Ste. Marie of one dollar. Under the ~~Board~~option agreement, Instadose Canada was permitted to notify Mr. Ste. Marie of ~~Directors~~its desire to commence the process of exercising the ~~Company~~option at any time.

On September 4, ~~Table~~2020, ofHealth ~~Contents~~Canada issued the cultivation license to Maribec. The cultivation license is valid for three (3) years expiring on September 4, 2023. On October 2, 2020, Maribec submitted an application with Health Canada’s Cannabis Licensing and Security Division for a Standard Processing License under the Cannabis Regulations. The standard processing license was granted on February 25, 2021 and expires on September 4, 2023.

~~Recent~~On ~~Developments~~March 11, 2021, Instadose Canada (formerly EHG) delivered the option notice to Mr. Ste. Marie regarding their election to exercise the option. To date, Instadose Canada has not completed that exercise. Instadose Canada will commence the process of obtaining all the Health Canada Approvals and completing their repurchase of Maribec in the second half of 2022.

~~Capital Stock~~Subsidiaries

~~Subsequent~~Instadose toCanada ~~the~~has ~~period on December 23, 2020, Mikrocoze, Inc. (~~the ~~“Company”)~~following filed a Certificate of Amendment to its Articles of Incorporation (the “Certificate of Amendment”) with the Secretary of State of the State of Nevada increasing the authorized shares of common stock, par value $0.001, to 500,000,000.subsidiaries

~~Industry~~(i) ~~Analysis/Competition~~Instadouz Farma Doo (“IDP Macedonia”);(1)(2); (ii) Instadose Pharma, LDA (“IDP Portugal”);(3); (iii) Instadose Pharma India Private Limited (“IDP India”);(4) (iv) IDP Holdings, Inc. (a wholly owned subsidiary); and (v) IDP Canada Corp. (a wholly owned subsidiary).

~~Market Analysis~~ ____________

~~Statistics and facts on Furniture Retail in the U.S.~~ Notes:

~~Furniture~~(1)IDP ~~retail~~Macedonia ~~in the United States~~ is a ~~very~~North ~~important~~Macedonia ~~aspect for the country’s economy~~company. ~~The~~Fifty ~~global~~percent ~~home goods industry refers to the manufacture, distribution and retail of home furniture, household decorative accessories, soft furnishings~~ (~~draperies and curtains~~50%), ~~appliances,~~ownership ~~cookware~~interest ~~and~~in ~~gardening~~IDP ~~equipment.~~Macedonia ~~During~~is ~~the~~held ~~economic~~by ~~recession,~~Grant ~~the~~F. ~~industry~~Sanders ~~was negatively impacted~~ as ~~consumers~~trustee ~~cut~~for ~~back~~the onCompany ~~non-essential~~pursuant ~~spending, putting off home improvement projects due~~ to ~~lower~~the ~~disposable~~terms ~~income.~~of ~~Furniture~~a ~~and~~trust ~~home~~declaration ~~furnishings~~dated ~~stores~~March ~~generated~~2, ~~about 120~~2021.~~5 billion U.S. dollars-worth of sales in 2019.~~

~~Furniture~~(2)IDP ~~sales~~Macedonia operates the North Macedonia production facility. Ownership of the North Macedonia production facility is held in the USname ~~have~~of ~~proven~~Kanabiko toDoo, beStrumica ~~significant~~(“Kanabiko”). ~~and~~Ownership ~~are~~of ~~deemed~~Kanabiko tois beregistered fifty percent (50%) in the name of Grant F. Sanders as a ~~necessity~~trustee in trust for Instadose Canada on terms set out in a declaration of trust executed by Mr. Sanders on March 3, 2021. The remaining fifty percent (50%) ownership interest in Kanabiko is registered in the ~~majority~~name of ~~households~~the North Macedonia partner.

~~However,~~(3)Ninety‑five aspercent ~~home~~(95%) ~~prices~~ownership ~~and~~interest ~~density~~in ~~have~~IDP ~~increased,~~Portugal ais ~~new~~held ~~wave~~by ofAldo ~~demand~~Vidinha ~~has~~and/or ~~been~~his ~~created~~personal ~~for~~corporation ~~micro-style~~as ~~furniture~~trustee ~~to accommodate the smaller living spaces now being built. The affordability factors~~ for ~~home~~Instadose ~~purchases~~Canada ~~and~~pursuant ~~subsequently,~~to ~~furnishing~~the ~~these~~terms ~~homes~~of ~~has left~~ a ~~hole~~trust indeclaration ~~the~~dated ~~furniture~~March ~~market~~4, ~~that we intend to fill~~2021.

~~The~~(4)IDP ~~statistics~~India ~~shows~~is ~~the~~an ~~revenue~~Indian ofcompany ~~the~~fifty-five ~~apartment~~percent ~~and~~(55%) ~~condominium~~owned ~~construction~~by ~~industry~~Instadose inCanada. ~~the~~The ~~United~~remaining ~~States~~forty‑five ~~between~~percent ~~2003~~(45%) ~~and~~equity ~~2019.~~ownership Inin ~~2019,~~IDP ~~this~~India ~~industry~~ is ~~expected~~held toby ~~generate~~Instadose ~~annual~~Canada’s ~~revenue~~joint ofventure ~~around~~partner ~~63.10~~in ~~billion~~India, ~~U.S.~~Sanctum ~~dollars~~Healthcare Remedies Private Limited.

~~Competition~~4 Table of Contents

~~The~~Global ~~furniture~~Medicinal ~~manufacture~~Cannabis and retail industry is highly competitive with estimated sales in the United States of 90 billion dollars. There are hundreds of furniture retailers in the United States with sales of the top 100 accounting for approximately 69% of all sales. The larger companies, such as IKEA, Ashley Furniture and Williams- Sonoma and most of our competitors are more experienced, have vastly greater financial and management resources and have more established proprietary trademarks and distribution networks than we do. On a national basis, we would compete with large furniture companies, such as IKEA and Ashley Furniture and direct micro furniture competitors Resource Furniture and Matroshka Furniture. Other brands include Williams-Sonoma, Ethan Allen, Laz-Boy Furniture Galleries, Wayfair, Pier 1 Imports and Crate & Barrel to name a few. Competition for market share in the furniture industry is very competitive; however, the industry does currently operate with reasonable margins. The margins also depend on a distribution network and are expected by us to increase significantly in the future from a variety of companies in the general furniture industry. These and other competitors are likely to have distribution channels for their products that we do not have, which places us at a significant disadvantage. While there are many other furniture companies that have limited micro-type furniture pieces, we do not see them as direct competition as it is our intention to exclusively sell micro-furniture.Industry

5Today’s ~~Table~~global medicinal cannabis industry remains fractured as it struggles to define itself as a profitable and viable commercial business. The global production, sale, and distribution of ~~Contents~~medicinal cannabis and cannabinoid oil is monopolized by licensed producers with minimal participation to date from Big Pharma, who require sustainable, consistent, diverse, and low‑cost bulk supplies of high‑quality medicinal cannabis and cannabinoid oil to make entrance into the medicinal cannabis industry possible. Today’s licensed producers cannot meet the demands of Big Pharma due to several global challenges facing them. These challenges include the expensive cost of constructing and expanding indoor facilities, high manual labor costs, inefficient production process limiting product output, and strict government regulation limiting production capacity. Notwithstanding the foregoing, the demand for medicinal cannabis and cannabinoid oil continues to grow at a rapid pace. This is especially true as the rise in the volume of critical trials and scientific studies on medicinal cannabis and cannabinoid oil continue to uncover new and greater benefits to product consumption.

~~Patent~~In Instadose Canada’s opinion, full participation in medicinal cannabis industry by Big Pharma will be required to satisfy the ever‑increasing global product demand, accelerate the volume of clinical trials and ~~Trademarks~~scientific studies aimed at uncovering new and greater benefits to medicinal cannabis and cannabinoid oil consumption, and unlock the market value potential of the medicinal cannabis industry predicted to reach US$ 84.0 Billion in market value by 20281. For this reason, Instadose Canada has committed to creating a large global distribution platform for medicinal cannabis and cannabinoid oil. Instadose Canada plans to utilize this global distribution platform to create a new wholesale marketplace and mass‑scale supply chain for medicinal cannabis and cannabinoid oil capable of providing Big Pharma with sustainable, consistent, diverse, and low‑cost supplies of high‑quality medicinal cannabis and cannabinoid oil for use in bulk as an active pharmaceutical ingredient.

WeInstadose doCanada’s ~~not~~Global ~~currently~~Distribution ~~own~~Platform ~~any~~spans ~~domestic~~five (5) Continents to date, including Africa, Europe, Asia, South America, and North America. Within each Continent, Instadose Canada is establishing large‑scale operational subsidiaries and joint venture partnerships to apply for and/or ~~foreign~~secure ~~patents~~access ~~relating~~to government‑issued licenses, permits, and joint venture partnerships. Currently, Instadose Canada is focused on securing licenses and establishing partnerships in the DRC, North Macedonia, Portugal, India, Colombia, Mexico, Cameroon, and Canada, each seeking to ~~our~~increase ~~proposed~~their ~~micro-furniture~~level of participation within the global medicinal cannabis industry.

~~Employees~~Global Distribution Platform

OnInstadose ~~October~~Canada 9,is ~~2020,~~fueling the ~~existing~~Global ~~director~~Distribution ~~and~~Platform ~~officer~~by ofseeking ~~the~~to ~~Company~~establish ~~resigned~~large-scale ~~effective~~operational ~~immediately.~~subsidiaries ~~Accordingly,~~and ~~Sukhmanjit~~joint ~~Singh,~~venture ~~serving~~partnerships as(the a“Participants”) ~~director~~throughout ~~and~~each ancontinent ~~officer,~~engaging ~~ceased~~in tomedicinal becannabis ~~the~~cultivation ~~Company’s~~and/or ~~Chief~~cannabinoid ~~Executive~~oil ~~Officer,~~production. ~~Chief~~Participants ~~Financial~~engaged ~~Officer,~~in ~~President,~~medicinal ~~Treasurer,~~cannabis ~~Secretary~~cultivation ~~and~~are aresponsible ~~Director.~~for Atgrowing, ~~the~~cultivating, ~~effective date of the resignation~~packaging, ~~Mr.~~and ~~Terry~~exporting ~~Wilshire~~medicinal ~~consented~~cannabis to ~~act~~Participants asengaged ~~the~~in ~~new~~cannabinoid ~~President~~oil ~~and~~production, ~~Member~~whom, ofupon ~~the~~receipt ~~Board~~ of ~~Directors~~medicinal ofcannabis, ~~the~~sell ~~Company~~it ~~and~~or ~~Robert~~utilize ~~Dickenson~~it ~~consented~~in tothe ~~act~~production asand ~~the~~sale ~~new~~of ~~Vice~~cannabinoid ~~President~~oil ~~and~~to ~~Member~~pharmaceutical ofindustry ~~the~~companies ~~Board~~sourced ofby ~~Directors~~Instadose ofCanada ~~the~~or ~~Company~~others.

AsInstadose Canada, as creator of ~~November~~the ~~30,~~Global ~~2020~~Distribution Platform, ~~other~~is ~~than~~responsible ~~its~~for ~~current~~the ~~president,~~platform’s ~~Mr.~~continued ~~Terry~~maintenance ~~Wilshire~~ and Mrgrowth. ~~Robert~~In ~~Dickenson~~doing so, ~~there~~Instadose ~~are~~Canada nosupplements ~~other~~the ~~employees~~operational atwork ~~this~~performed ~~time.~~by Global Distribution Platform Participants by performing the following key functions:

~~ITEM~~(i) ~~1A.~~Organizing, ~~RISK~~managing, ~~FACTORS~~and sourcing the transport of medicinal cannabis from medicinal cannabis cultivation Participants to one or more cannabinoid oil production participants; (ii) Selling all medicinal cannabis and cannabinoid oil cultivated and/or produced by Global Distribution Platform Participants to pharmaceutical industry companies; and (iii) Sourcing new medicinal cannabis cultivation and cannabinoid oil production Participants across new and existing Continents.

AsThe aTransportation ~~“smaller reporting company,” as defined in Rule 12b-2~~ of ~~the~~Medicinal ~~Exchange~~Cannabis ~~Act,~~throughout ~~we are not required to provide~~ the ~~information~~Global ~~called~~Distribution ~~for by this Item.~~Platform

~~ITEM~~The 1Bability to transport medicinal cannabis safely and efficiently from one continent to another throughout the Global Distribution Platform is a critical component of Instadose Canada’s global business model. ~~UNRESOLVED~~On ~~STAFF~~January ~~COMMENTS~~6, 2021, Instadose Canada entered into a three-year logistics and procurement services agreement with Project Management Resources Inc. (“PMR”), a Canadian company. Since 1993, the principals of PMR have been actively involved in the transportation of goods within the African Continent. Under the Logistics and Procurement Services Agreement, PMR agreed to assume all responsibility for the management and procurement of those services required for, among other things, the international warehousing, customs clearing, and transportation of medicinal cannabis in and from, among other continents, Africa, Europe, South America, Asia and North America. PMR also agreed to perform the logistics and procurement services exclusively for Instadose Canada to the exclusion of any other company participating in medicinal cannabis industry. Payment for all logistics and procurement services is made by Instadose Canada to PMR on a fixed rate basis in accordance with applicable industry standards.

~~Not applicable to a “smaller reporting company” as defined in Item 10(f)(1) of Regulation S-K.~~____________

~~ITEM~~1 2Grandview Research Inc. ~~PROPERTIES~~(March 2021) ‑ Legal Marijuana Market Worth $84.0 Billion by 2028 I CAGR 14.3% (https://www.grandviewresearch.com/press‑release/global‑legal‑marijuana‑market).

~~The~~5 ~~Company~~Table ~~does~~of ~~not own any real estate or other properties and has not entered into any long-term lease or rental agreements for property.~~Contents

~~ITEM~~The 3.Logistics ~~LEGAL~~and ~~PROCEEDINGS~~Procurement Services Agreement is supported by individual independent consulting agreements dated January 6, 2021, entered into between Instadose Canada and PMR principals.

~~There~~Risk ~~are~~Mitigation no pending legal proceedings to which the Company is a party or in which any director, officer or affiliate of the Company, any owner of record or beneficially of more than 5% of any class of voting securities of the Company, or stockholder is a party adverse to the Company or has a material interest adverse to the Company.Strategies

~~ITEM~~Instadose 4Canada is in the process of implementing numerous risk mitigation strategies to protect the company from events of force majeure as well as other possible risks affecting Instadose Canada’s business model. ~~MINE~~These ~~SAFETY~~strategies ~~DISCLOSURES~~include the following:

~~Not~~(i) Requiring, where feasible, Global Distribution Platform Participants to purchase insurance to protect against items such as, but not limited to, crop loss, political risk, equipment and casualty, and equipment breakdown; (ii) Establishing large reserves of medicinal cannabis and cannabinoid oil to be stored at cannabinoid oil production facilities; (iii) Requiring pharmaceutical industry companies to complete payment in full for all purchased medicinal cannabis and cannabinoid oil prior to its release ex‑works from the applicable. cannabinoid oil production facilities; (iv) Maintaining control of the business relationship with all pharmaceutical industry companies as well as the flow of funds for all purchase orders of medicinal cannabis and cannabinoid oil; (v) Establishing and maintaining geographic diversity for medicinal cannabis cultivation and cannabinoid oil production in an effort to avoid reliance on any one particular country or continent; and (vi) Engaging in extensive due diligence on pharmaceutical industry companies, joint venture partners, and existing political climates.

6Notwithstanding ~~Table~~Instadose Canada’s efforts to mitigate risk at all levels of ~~Contents~~its business operations, certain situations can arise where Instadose Canada will be required to terminate, or delay the commencement of a joint venture agreement, or terminate, or delay the commencement of a purchase or supply agreement.

~~PART~~Participant IIActivities by Continent

~~ITEM~~The 5.following ~~MARKET~~chart ~~FOR~~summarizes ~~REGISTRANT’S~~those ~~COMMON~~Participant ~~EQUITY~~activities (i.e., ~~RELATED~~medical ~~STOCKHOLDER~~cannabis ~~MATTERS~~cultivation ~~AND~~and/or ~~ISSUER~~cannabinoid ~~PURCHASES~~oil OFproduction) ~~EQUITY~~in ~~SECURITIES~~the process of being or to be conducted on behalf of Instadose Canada and the Global Distribution Platform within each Continent:

Market Information

Continent	Countries of Operation	Operational Activity	Participant Relationship
Africa	DRC	Medicinal Cannabis Cultivation	Joint Venture Partnership
Africa	Cameroon	Medicinal Cannabis Cultivation	Joint Venture Partnership
Europe	North Macedonia	Cannabinoid Oil Production	Subsidiary
Europe	Portugal	Cannabinoid Oil Production	Subsidiary
Asia	India	Both	Subsidiary
South America	Colombia	Medicinal Cannabis Cultivation	Joint Venture Partnership
North America	Mexico	Both	Joint Venture Partnership⁽¹⁾
North America	Canada	Cannabinoid Oil Production	Operating Subsidiary⁽²⁾

~~Our common stock is quoted on the OTCBB trading platform and there has been no activity and therefore no data is available for the periods ended November 30, 2020 and 2019.~~ Notes:

~~ITEM 6. SELECTED FINANCIAL DATA~~____________

~~Not~~(1)Final ~~applicable~~structure tois asubject ~~“smaller~~to ~~reporting company” as defined in Rule 12b-2 of the Exchange Act~~change.

~~ITEM~~(2)Following 7.the ~~MANAGEMENT’S~~repurchase ~~DISCUSSION~~of ~~AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS~~Maribec.

~~This~~6 ~~Management’s~~Table ~~Discussion and Analysis~~ of Financial Condition and Results of Operations is intended to provide a reader of our financial statements with a narrative from the perspective of our management on our financial condition, results of operations, liquidity, and certain other factors that may affect our future results. The following discussion and analysis should be read in conjunction with our audited consolidated financial statements and the accompanying notes thereto included in “Item 8. Financial Statements and Supplementary Data.” In addition to historical financial information, the following discussion and analysis contains forward-looking statements that involve risks, uncertainties and assumptions. See “Forward-Looking Statements.” Our results and the timing of selected events may differ materially from those anticipated in these forward-looking statements as a result of many factors.Contents

~~Business~~I. ~~Overview~~AFRICA

WeOptimal ~~are~~climatic anfarming ~~early-stage~~conditions, ~~company with~~ the ~~intention~~availability ~~to engage in the business~~ of ~~designing~~arable lands, ~~manufacturing~~ and ~~selling~~an aagricultural‑focused ~~line~~labor offorce ~~well-designed~~make ~~micro-furniture~~Africa ~~that~~ideal ~~will~~for ~~transform~~medicinal ~~any~~cannabis ~~small space, particularly apartments and condominiums into beautiful functional spaces~~cultivation. WeMedicinal ~~will~~cannabis ~~endeavor~~cultivated towithin ~~assist~~Africa ~~each~~is ~~customer~~initially inexported ~~making every square foot of their space highly functional and attractive~~ by ~~presenting~~Instadose ~~them~~Canada ~~with a proposed extensive collection of transforming designed~~ to ~~maximize~~one ~~any~~or ~~small~~more ~~space.~~cannabinoid Weoil ~~currently~~production ~~have~~Participants ~~produced a small number of test products and have had minimal sales during the period; We have entered into a Master Manufacturing Agreement (“Agreement”) with, New Bharat Furniture House,~~ located in ~~Amritsar, India to produce our proposed line of micro-furniture~~Europe. Mikrocoze entered into the Agreement on January 4, 2017. The term of the Agreement is for 5 years. There are no minimum purchases and Bharat Furniture will produce proposed micro-furniture products under the specification provided by Mikrocoze.

~~Furniture~~Instadose ~~sales~~Canada’s inlong‑term ~~the~~strategy ~~United~~for ~~States~~Africa ~~have~~involves ~~proven~~expanding toits bemedicinal ~~significant~~cannabis ~~and~~cultivation ~~are~~footprint ~~deemed to be a necessity of the majority of households. However, as home prices~~ and ~~density~~increasing ~~have~~its ~~increased,~~presence ~~particularly~~ in ~~the~~those ~~large~~African ~~urban~~countries ~~centers,~~with agreater ~~new~~political ~~wave~~and ofeconomic ~~demand has been created for micro-style furniture to accommodate the smaller living spaces now being built~~stability. ~~The~~Instadose ~~affordability~~Canada ~~factors~~is ~~for~~actively ~~home~~working ~~purchases~~towards ~~and~~implementing ~~subsequently,~~this ~~furnishings~~strategy ~~these homes have left a hole~~ in ~~the~~countries ~~furniture~~such ~~market~~as ~~that~~Cameroon, ~~will~~South ~~attempt~~Africa, toand ~~fill~~Zimbabwe.

~~Our~~The ~~revenue~~Democratic ~~streams~~Republic ~~will be each~~ of our offered products that include; Wall beds, Convertible beds, Transforming tables, Company seating solutions, Storage solutions, Desks and work spaces and Wardrobe and closet solutions. We intend to develop strategic partnerships with each revenue stream to enhance our online sales. For example, we will partner with bedding and duvet companies to expand our customer base for beds. There is no need for the Company to purchase or otherwise obtain special equipment to manufacture. Mikrocoze Inc. plans to sell its proposed furniture line in easily assembled packaging and shipping product directly from the manufacturer and eventually setup a distribution center in the United States.Congo

~~During~~Historically, the ~~next~~DRC 12has ~~months,~~never ~~Mikrocoze~~developed ~~Inc.~~medicinal ~~intends~~agriculture instead relying on ~~continue~~imports ~~developing~~for ~~the~~its ~~Mikrocoze~~supply ~~Inc~~of pharmaceuticals. ~~proposed~~This ~~line~~is despite the country’s sufficient potential, including eighty million hectares of ~~micro-furniture~~arable land with natural reservoirs of medicinal plants that can be used to expedite the promotion of medicinal agriculture and the development of the agro‑pharmaceutical industry. Recently, ~~once~~the ~~such~~DRC ~~products~~has ~~are~~seen ~~developed~~an ~~and~~outflow ~~exist~~of capital from the country, wea ~~will~~decline ~~begin~~in tothe ~~distribute~~population’s purchasing power, ~~market~~the ~~and~~presence ~~sell~~of ~~via~~non‑compliant ~~our~~pirated ~~web-site~~pharmaceutical ~~our~~products ~~proposed~~within ~~micro-furniture~~its ~~line~~national territory, and an increase in the ~~major~~population’s ~~urban~~morbidity ~~centers~~and ofmortality rate. With a population expected to exceed the United States ~~such~~of asAmerica ~~New~~with ~~York~~580+ ~~and~~million ~~Chicago~~people by 2100[2], ~~where~~if ~~density~~no ~~and~~solution ~~housing~~is ~~costs~~found, ~~are~~this ~~high~~situation ~~and~~is ~~new~~likely ~~affordable~~to ~~housing~~become ~~developments~~critical. ~~are~~On ~~creating~~this ~~micro-apartments.~~basis, ~~Therefore~~it was recently determined by government officials in the DRC that it was now necessary, as in other countries, to implement a management policy for the ~~northeastern~~medicinal ~~part~~agricultural sector, which is vital to the life of the ~~United~~population, ~~States~~based ison the ~~ideal~~gradual ~~location~~phasing out of importing medicines and certain pharmaceutical products to ~~market~~give priority to and invest in the ~~initial~~local ~~business~~production ~~and~~of ~~proposed~~those ~~product~~products. [3]

7The ~~Table~~Maye ofInternational ~~Contents~~Group SARL

WeThe ~~have~~Maye ~~earned~~International ~~minimal~~Group ~~revenues~~SARL(“TMIG”) tois ~~date~~a DRC company majority owned and controlled by Grant F. ~~Our~~Sanders. ~~independent~~TMIG ~~registered~~was ~~public~~incorporated ~~accountant~~in ~~has~~the ~~issued~~DRC anon ~~audit~~September ~~opinion~~7, ~~which~~2018 ~~includes~~with athe ~~statement~~intended ~~expressing~~purpose ~~substantial~~of ~~doubt~~engaging asin tothe ~~our~~cultivation ~~ability~~of tomedicinal ~~continue~~and asfood aplants ~~going~~throughout ~~concern~~the DRC, not just medicinal cannabis.

~~Subsequent~~TMIG toJoint ~~year~~Venture end, on December 7, 2020, Mikrocoze, Inc. (the “Company”), entered into a non-binding letter of intent (the “Letter of Intent”) with Instadose Pharma Corp. (“Instadose”) and holders of a majority of its outstanding shares (the “Shareholders”) for a potential transaction pursuant to which the Company would acquire 100% of the outstanding common shares of Instadose (the “Acquisition”) from the Shareholders in exchange for approximately 80% of the issued and outstanding shares of common stock of the Company following such exchange. Agreement

~~The~~On ~~parties~~February ~~intend~~11, 2019, TMIG and Instadose Canada entered into a joint venture agreement that ~~the~~would ~~closing~~see ofInstadose Canada secure the ~~Acquisition~~exclusive ~~occur~~right noto ~~later~~access ~~than~~and 90monetize ~~days~~TMIG’s ~~after~~medicinal ~~the~~cannabis ~~execution~~rights ofby ~~the~~exporting ~~definitive~~medicinal ~~transaction~~cannabis ~~documents~~from (the ~~“Definitive~~DRC ~~Documents”),~~to ~~subject~~one toor ~~extension~~more byInstadose Canada‑controlled cannabinoid oil production facilities around the ~~parties~~world. ~~Closing~~Once ofdelivered to a cannabinoid oil production facility, the ~~Acquisition~~medicinal ~~would~~cannabis could be ~~subject~~utilized for processing cannabinoid oil to abe ~~number~~sold ofby ~~conditions,~~or ~~including~~on ~~but~~behalf ~~not~~of ~~limited~~Instadose Canada to, ~~approval~~pharmaceutical ofindustry ~~the~~companies ~~Acquisition~~within Instadose Canada’s international purchasing network. Gross revenues received by Instadose Canada from the ~~shareholders~~sale of ~~the~~medicinal ~~Company~~cannabis and cannabinoid oil were to be shared fifty percent (50%) to Instadose, ~~obtaining~~Canada ~~necessary~~and ~~third-party~~fifty ~~approvals,~~percent (50%) to TMIG. TMIG and noInstadose ~~material~~Canada ~~adverse~~agreed ~~change~~to ~~occurring~~a intwenty‑five (25) year term for the ~~Company~~joint orventure ~~Instadose~~renewable once by tacit agreement of the parties. By entering the TMIG joint venture, TMIG became Instadose Canada’s first global partner for medicinal cannabis production and distribution.

The ~~parties~~TMIG ~~have~~joint ~~agreed~~venture toagreement anset ~~exclusivity~~out ~~period~~the ofroles ~~ninety~~and ~~(90)~~responsibilities ~~days~~of ~~from~~ the ~~date~~parties ofunder the ~~Letter~~TMIG ofjoint ~~Intent~~venture, ~~during which negotiations leading to~~ the ~~execution~~material terms of ~~Definitive~~which ~~Agreement~~are ~~shall~~as ~~be undertaken in good faith and in a mutually exclusive manner and that neither party will circumvent the other during such negotiations.~~follows:

~~Plan~~TMIG ofInstadose ~~Operations~~Canada • Satisfy all its legal obligations under the Protocol Agreement and Agro Park JV Agreement. • Fund the TMIG funding obligation under the Protocol Agreement.

~~Our~~____________ cash balance was $65 as of November 30, 2020 and $nil as of November 30, 2019. We believe our cash balance is not sufficient to fund our limited levels of operations for any period of time. We have been utilizing and may utilize funds from Sukhmanjit Singh, our former President and Chief Executive Officer, Chairman of the Board of Directors, and majority holder of our common stock, who has informally agreed to advance funds to allow us to pay for offering costs, filing fees, and professional fees. Mr. Singh, however, has no formal commitment, arrangement or legal obligation to advance or loan funds to the company. In order to develop and begin to implement our business plan, we will need the funding from this offering. We have generated minimal revenues to date.

On2 ~~October 9, 2020, the existing director and officer of the Company resigned effective immediately~~https://www. ~~Accordingly, Sukhmanjit Singh, serving as a director and an officer, ceased to be the Company’s Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary and a Director~~usnews. ~~At the effective date of the resignation, Mr. Terry Wilshire consented~~ com/news/best-countries/articles/2020-12-24/us-population-growth-projected-to-stall-african-countries-surge-by-2100 ~~act as the new President and Member of the Board of Directors of the Company and Robert Dickenson consented to act as the new Vice President and Member of the Board of Directors of the Company.~~

~~Our~~3 ~~plan~~The ofProtocol ~~operation~~Agreement iswas ~~divided~~drafted ~~into~~by ~~four phases, as follows: (I) further our business relationship with~~ the furniture manufacturer we have identified and entered Master Manufacturing Agreement; and run an initial production for testing and marketing purposes while we conduct marketing studies, and begin to initiate traditional and social media marketing, in order to generate interest in MikrocozeDRC’s ~~proposed~~Ministry ~~products.,~~of ~~(II)~~Agriculture ~~negotiate~~which ~~and~~provided enter into an licensing agreement with a third party home design software firm that will enable our customers to design and create high quality 2D and 3D floor plans and experiment with our proposed products and color and textures to design their space. Complete an upgrade to our website to incorporate our proposed products and tools to assist customers in their planning. Locate and engage a marketing firm to assist in traditional and well as social media marketing; (III) expand our proposed operations through-out major cities such as New York, Chicago and Los Angeles and nationally, where small housing/apartment living is becoming more prevalent and establish a distribution center in the ~~northeast~~historical ofnarrative ~~the~~provided ~~United~~for ~~States.~~under Begin traditional advertising in radio, television and print media. (IV) establish a national and possibly international distributor network and team, with possibly production facilities with multiple manufacturers’ agreements. While we have identified our first manufacturer (New Bharat Furniture House) and entered into a Master Manufacturing Agreement on January 4, 2017; we have not yet to identify a marketing firm to assistant in the ~~launched~~heading ~~of our proposed micro furniture line. We have commenced test production of our product and have had minimal sales to date.~~ “The ~~Company~~Democratic ~~intents~~Republic ~~to continue develop its product and expand it sales~~ of the ~~micro-furniture during the next twelve months~~Congo”.

~~Within~~7 ~~the~~Table ~~next~~of 24 months, Mikrocoze Inc. intends to begin to manufacture and sell Mikrocoze Inc. branded well-designed furniture that will transform any small space, particularly apartments and condos into beautiful and functional spaces. throughout the larger centers where micro living spaces are becoming more prevalent, such as New York, Los Angeles, Boston and Chicago primarily via our website, and eventually offer our products to other on-line furniture retailer such as Wayfair.com.Contents

8TMIG ~~Table~~Instadose Canada • Acquire all of ~~Contents~~the licenses, permits, approvals, and consents necessary in the DRC to support and/or monetize the Medicinal Cannabis Rights. • Construct and/or acquire cannabinoid oil production facilities in multiple countries around the world. • Ensure the continuous good standing of the Medicinal Cannabis Rights in the DRC. • Process all cannabinoid oil at the cannabinoid oil production facilities. • Grow, transport, store, process, package, and/or purchase all medicinal cannabis in the DRC for export to one or more cannabinoid oil production facilities for further processing into cannabinoid oil and sale. • Solicit supply agreements for cannabinoid oil from Instadose Canada’s international buying network. • Continue payment of all local DRC salaries and other required payments to TMIG personnel, agents, and representatives, including, but not limited to, local Agro Park farmers. • Fund all the required costs to export medicinal cannabis from the DRC to one or more cannabinoid oil production facilities. • Continue payment of all applicable revenue shares to the Ministry of Agriculture and/or SEPAGRI as set forth under the Protocol Agreement and TMIG JV Agreement. • Bill, collect, deposit, and retain all gross revenues generated from the sale of medicinal cannabis and cannabinoid oil. • Complete payment of the TMIG revenue share.

~~Our~~From ~~plan~~August ~~of operation for the twelve months following the date of this prospectus is to (i) complete Phase I of our program~~29, ~~which~~2018 is to ~~further~~December ~~develop our a business relationship with the our furniture manufacture~~20, ~~New Bharat Furniture House~~ 2018, ~~and~~Grant run an initial production for marketing and testing purposes while we conduct marketing studies, and begin to initiate traditional and social media marketing in order to generate interest in Mikrocoze’s proposed furniture line; and (ii) negotiate and enter into an licensing agreement with a third party home design software firm that will enable our customers to design and create high quality 2D and 3D floor plans and to allow potential customers to experiment with our proposed products and color and textures to design their spaceF. ~~Complete~~Sanders anprovided ~~upgrade to our website to incorporate our proposed products and tools to assist customers in their planning begin. Identify~~ a ~~marketing~~series ~~firm to assist in marketing our proposed product line via traditional radio, print, television and social media. In order to execute Phases I and II~~ of ~~our~~loans development program as outlined below, we anticipate spending $500,000 on program development, professional and administrative fees, including fees payable in connection with the filing of this registration statement, complying with reporting obligations and arranging financing for Phases I and II of our development program. Total expenditures over the next 12 - 14 months are therefore expected to beTMIG ~~approximately $500,000. If we experience a shortage of funds prior~~ to ~~funding~~enable ~~during~~TMIG ~~the next 12 -14 months, we may utilize funds from Mr. Singh, our former Chairman of the Board of Directors, who has informally agreed~~ to ~~advance~~satisfy ~~funds to allow us to pay for professional fees, including fees payable in connection with~~ the ~~filing~~TMIG offunding ~~this registration statement and operation expenses, however he has no formal commitment, arrangement or legal~~ obligation tounder ~~advance or loan funds to~~ the ~~company.~~Protocol ~~We will require the funds from this offering to proceed~~Agreement. If we receive only nominal funds from this offering, we plan to operate on a limited basis for the limited purpose of meeting our reporting obligations to the Securities and Exchange Commission. No such plan exists at this time in case of such contingency, and we cannot guarantee we would be able to raise additional funding if only nominal funding is obtained from this offering.

IfOn weFebruary ~~are~~19, ~~successful~~2019, inInstadose ~~raising~~Canada ~~the~~and ~~funds~~TMIG ~~from~~executed ~~this~~Annex ~~offering,~~“A” weto ~~plan~~the toTMIG ~~commence~~JV ~~activities~~Agreement to, ~~raise~~among ~~the~~other ~~$350~~things,~~000~~ inbroaden ~~funds required for Phase II of~~ the ~~development~~scope ~~program in December~~ of ~~2018.~~what Weshall ~~expect~~be ~~this~~produced ~~phase~~and tosold ~~take~~by ~~120~~Instadose -Canada ~~180~~under ~~days~~the toTMIG ~~complete~~Joint ~~and~~Venture anfrom ~~additional~~CBD 9oil to 12medicinal ~~months~~cannabis ~~for marketing~~ and ~~market~~full ~~acceptance.~~spectrum Wecannabinoid ~~cannot~~oil, ~~provide~~and ~~investors~~formalize ~~with~~Instadose ~~any~~Canada’s ~~assurance~~agreement ~~that we will be able~~ to ~~raise~~assume ~~sufficient~~TMIG’s ~~funds~~obligation to ~~proceed~~repay ~~with any work or activities on Phase I and or II of the development program since we currently have no plan in place~~ to ~~raise these funds~~Mr. WeSanders ~~plan to raise~~ the ~~additional~~full ~~funding~~amount ~~for Phase I and Phase II by way~~ of athe ~~private~~TMIG ~~debt~~loan ~~or equity financing, but have not commenced any activities to raise such funds~~advances.

~~The~~Background ~~above program costs are management’s estimates and the actual project costs may exceed our estimates. To date, we have not commenced with any activities or operations~~ of ~~any phase of our development program.~~TMIG

The ~~Company~~Maye isInternational ~~currently~~Group ~~evaluating its current operations and direction of the Company~~S. ~~Subsequent to November 30, 2020 , on December 7, 2020, Mikrocoze, Inc~~A. ~~(the “Company”), entered into a non-binding letter of intent (the “Letter of Intent”) with Instadose Pharma Corp~~R. (“Instadose”) and holders of a majority of its outstanding shares (the “Shareholders”) for a potential transaction pursuant to which the Company would acquire 100% of the outstanding common shares of Instadose (the “Acquisition”) from the Shareholders in exchange for approximately 80% of the issued and outstanding shares of common stock of the Company following such exchangeL. ~~Review on proposed acquisition is ongoing and no final decision has been made.~~

9The ~~Table~~Maye International Group S.A.R.L. (“TMIG”) is the DRC company majority owned and controlled by Grant F. Sanders. TMIG was incorporated in the DRC on September 7, 2018 with the intended purpose of ~~Contents~~engaging in the cultivation of medicinal and food plants throughout the DRC, not just medicinal cannabis.

~~Going~~Letter ~~Concern~~of Motivation

~~Our~~On ~~auditor~~September ~~has~~12, ~~indicated~~2018, inTMIG ~~their~~issued ~~reports~~a onletter ~~our~~of ~~financial~~motivation ~~statements~~to ~~for~~the DRC Ministry of Agriculture requesting the ~~fiscal~~Ministry ~~years~~of ~~ended~~Agriculture’s ~~November~~authorization ~~30,~~to ~~2020~~engage ~~and~~in ~~November~~the ~~30,~~official ~~2019,~~cultivation ~~that~~of ~~conditions~~medicinal ~~exist~~cannabis. ~~that~~Within ~~raise~~the ~~substantial~~letter ~~doubt~~of ~~about~~motivation, ~~our~~TMIG ~~ability~~sought an area ranging from 10,000 to ~~continue~~20,000 hectares of land for the cultivation of medicinal cannabis as part of a ~~going~~larger ~~concern~~national ~~due~~project toin ~~our~~partnership ~~recurring~~with ~~losses~~the ~~from~~Ministry ~~operations,~~of ~~deficit~~Agriculture inthroughout ~~equity,~~the ~~and~~national territory of the ~~need~~DRC toaimed ~~raise~~at ~~additional~~the ~~capital~~development toof ~~fund~~medicinal ~~operations~~agriculture starting with the promotion of the agro‑pharmaceutical industry. AIn ~~“going~~connection ~~concern”~~therewith, ~~opinion~~TMIG ~~could~~intended ~~impair~~to ~~our~~make ~~ability~~agro‑pharmaceutical investments in the DRC to ~~finance~~produce ~~our~~CBD ~~operations~~oil ~~through~~which was seen as the ~~sale~~foundation for the entire manufacturing chain of ~~debt~~various orand ~~equity~~important ~~securities~~medications around the world to make the DRC a world leader in the industry.

~~Results~~TMIG ofRegistration ~~Operations~~Certificate

~~Fiscal~~On ~~Year~~October ~~Ended~~1, ~~November 30~~2018, ~~2020~~the ~~compared~~Ministry of Agriculture issued a registration certificate to TMIG for the ~~Fiscal~~cultivation ~~Year~~of ~~Ended~~medicinal ~~November~~and ~~30,~~food ~~2019~~plants anywhere in the DRC for subsequent transformation into pharmaceutical products.

WeMinisterial ~~generated~~Order noGranting ~~revenues~~Partnership ~~for~~Status ~~the~~to ~~years ending November 30, 2020 and 2019.~~ TMIG

~~Expenses~~ Having ~~for~~regard ~~the year ended November 30~~to, ~~2020~~among ~~totaled~~other ~~$25~~things,~~657~~ ~~consisting~~the ~~primarily~~letter of ~~office~~motivation and ~~general~~the ~~expenses~~TMIG ofregistration $7certificate,~~697;~~ ~~professional~~the ~~fees~~Ministry of ~~$17,960;~~Agriculture ~~resulting~~by inMinisterial aOrder ~~net~~No. ~~loss~~381/CAB/MIN/AGRI/18 ofgranted ~~$25,657.~~partnership ~~Expenses~~status ~~for~~to ~~the~~TMIG ~~year~~on ~~ended~~October ~~November 30~~4, ~~2019~~2018 ~~totaled~~in ~~$23,773~~connection ~~consisting~~with ~~primarily~~the ofexploitation ~~office~~ and ~~general~~production ~~expenses~~ of ~~$6,274;~~medicinal ~~professional~~cannabis ~~fees of $16,999; resulting~~ in athe ~~net loss of $23,773~~DRC. ~~There were no significant changes in office and general expenses and professional fees between fiscal 2020 and 2019.~~

~~Capital~~8 ~~Resources~~Table ~~and~~of ~~Liquidity~~Contents

~~Since~~The ~~our~~Protocol ~~former~~Agreement sole director and current directors maybe unwilling or unable to loan or advance us additional capital, we believe that if we do not raise additional capital over the next 12 months, we may be required to suspend or cease the implementation of our business plans.

AsOn ofOctober ~~November~~25, 302018 and October 26, ~~2020~~2018, wetechnical ~~had~~meetings ~~$65~~were ofheld ~~cash~~in ~~compared~~the toDRC ~~$Nil~~bringing oftogether ~~cash~~experts asfrom ofthe ~~November~~Ministry 30of Agriculture, ~~2019.~~the WeDRC ~~anticipate~~Ministry ~~that~~of ~~our~~Public ~~current~~Health, ~~cash~~ and ~~cash~~the ~~equivalents~~DRC ~~and~~Ministry ~~cash~~of ~~generated~~Industry ~~from~~and ~~financing~~Scientific ~~activities~~Research ~~will~~regarding bethe ~~insufficient~~cultivation toof ~~satisfy~~cannabis ~~our~~for ~~liquidity~~medicinal ~~requirements~~and ~~for~~scientific ~~the~~use ~~next~~in 12the ~~months~~DRC. ToOn ~~date~~or about October 31, 2018, the ~~Company~~Ministry ~~has~~of ~~incurred~~Agriculture, ~~operating~~represented ~~losses~~by ~~since~~the ~~inception~~Minister of ~~$106~~Agriculture,~~358~~ Mr. AsGeorges atKazadi ~~November 30~~Kabongo, ~~2020~~and TMIG, ~~the~~represented ~~Company~~by ~~has~~Mr. aSanders, ~~working~~jointly ~~capital~~executed ~~deficit~~the memorandum of ~~$82,358~~understanding (the “Protocol Agreement”).

The ~~Company~~purpose requires additional funding to meet its ongoing obligations and to fund anticipated operating losses. Our auditor has expressed substantial doubt about our ability to continue as a going concern. The ability of the ~~Company~~Protocol toAgreement ~~continue~~was ~~as a going concern is dependent on raising capital~~ to ~~fund~~set ~~its~~out ~~initial business plan and ultimately to attain profitable operations. These financial statements do not include any adjustments relating to~~ the ~~recoverability~~principles ~~and~~that ~~classification~~would offrame ~~recorded~~two ~~asset~~future ~~amounts,~~legal ordocuments: ~~amounts and classification of liabilities that might result from this uncertainty.~~

10 Table of Contents

	(i)	the official authorization to cultivate medicinal cannabis in the DRC exclusively for medicinal and scientific purposes (the “Medicinal Cannabis Rights”), and
	(ii)	the collaboration or joint venture agreement to be entered into between TMIG and the Ministry of Agriculture setting forth the roles of the parties and overall strategy for monetizing the Medicinal Cannabis Rights. The scope of the Medicinal Cannabis Rights also extended to the extraction of CBD oil for purely medical purposes for the wide range of essential pharmaceutical products to fight both endemic and epidemic diseases. In agreeing to provide the Medicinal Cannabis Rights, the Ministry of Agriculture also agreed to make a commitment to provide TMIG with at least ten thousand (10,000) hectares of arable land throughout the national territory with priority being given to the hinterland of the City of Kinshasa, Kongo‑Central, Kwilu and Kwango Provinces. Together, the Ministry of Agriculture and TMIG agreed that for a three (3) year test period, the parties would partner together to do as follows:

We(a) ~~expect~~work collaboratively to ~~incur~~avoid ~~marketing~~any ~~and~~act, ~~professional~~action ~~and~~or ~~administrative~~conduct ~~expenses~~that ascould ~~well~~hinder ~~expenses~~the ~~associated~~fulfilment ~~with~~of ~~maintaining~~their ~~our~~objectives ~~filings~~to ~~with~~produce, ~~the~~process, ~~Commission.~~and Wetransform ~~will~~medicinal ~~require~~cannabis ~~additional~~into ~~funds~~pharmaceutical ~~during~~products ~~this time and will seek~~ to ~~raise~~make the ~~necessary~~DRC, ~~additional~~the ~~capital.~~African Ifleader wein ~~are~~the ~~unable~~distribution toand ~~obtain~~marketing ~~additional~~of ~~financing,~~the weresulting ~~may~~products; be(b) ~~required~~engage ~~to reduce~~ the ~~scope~~socio‑economic strengths of ~~our~~the ~~business~~DRC ~~development~~including ~~activities~~universities, ~~which~~scientific ~~could~~and ~~harm~~biological ~~our~~research ~~business plans~~centres, ~~financial~~pharmaceutical ~~condition~~medical ~~and~~specialists, ~~operating~~farmers ~~results.~~and ~~Additional funding may not be available on favorable terms~~agronomists, ~~if at all. The Company intends~~ to ~~continue~~make tothe ~~fund~~most ~~its business by way~~ of ~~equity~~their orprofessions; ~~debt financing~~ and ~~advances~~(c) ~~from~~create ~~related parties. Any inability to raise capital as needed would have~~ a ~~material~~safe ~~adverse~~zone ~~effect~~for oncultivating ~~our~~medicinal ~~business~~cannabis, ~~financial~~secured ~~condition~~both physically and ~~results of operations~~humanely.

If(a) wethrough ~~cannot~~(c) ~~raise~~shall ~~additional~~collectively ~~funds,~~be wereferred ~~will have~~ to ~~cease~~as ~~business operations. As a result, investors in~~ the ~~Company’s~~“Medicinal ~~common~~Cannabis ~~stock would lose all of their investment~~Project”).

~~Off~~The ~~Balance~~Protocol ~~Sheet~~Agreement ~~Arrangements~~set out the roles and responsibilities of the parties under the Medicinal Cannabis Project, the material terms of which are as follows:

There are no off-balance sheet arrangements currently contemplated by management or in place that are reasonably likely to have a current or future effect on the business, financial condition, changes in financial condition, revenue or expenses, result of operations, liquidity, capital expenditures and/or capital resources.

TMIG		Ministry of Agriculture
•	Finance the Medicinal Cannabis Project for a minimum cost of USD$25,000,000	•	Grant 10,000 hectares in the hinterland of the City of Kinshasa to TMIG.
•	Import available machinery and all equipment and supplies necessary to implement the Medicinal Cannabis Project.	•	Help facilitate security, through financial and material support to TMIG, for the entire safe zone covered by the Medicinal Cannabis Project.
•	Export the primary processed output in the form of extracted oil from all medicinal cannabis production as a semi‑finished product.	•	Take ownership of the Medicinal Cannabis Project and support it through to completion.
•	To pay to the DRC all duties payable by way of taxation.	•	Grant TMIG a tax exemption for equipment and supplies for agricultural use.

~~Recent~~Medicinal ~~Accounting~~Cannabis ~~Pronouncements~~Authorization

InOn ~~February~~November ~~2016~~13, ~~the FASB issued ASU 2016-02 related to the accounting for leases. This pronouncement requires lessees to record most leases on their balance sheet~~2018, ~~while expense recognition on~~ the ~~income~~Ministry ~~statement remains similar to current lease accounting guidance. The guidance also eliminates real estate-specific provisions and modifies certain aspects~~ of ~~lessor~~Agriculture ~~accounting.~~provided ~~Under~~TMIG ~~the~~with ~~new guidance, lease classification as either a finance lease or an operating lease will determine how lease-related revenue and expense are recognized. The pronouncement is effective for~~ the ~~Company’s~~official ~~fiscal~~Medicinal ~~year~~Cannabis ~~beginning~~Authorization ~~December~~granting ~~1, 2019, and for interim periods within that fiscal year. The adoption of this standard did not have an impact on~~ the ~~consolidated~~Medicinal ~~financial~~Cannabis ~~statements~~Rights ~~because leases are month-~~to~~-month~~ ~~and~~TMIG ~~not~~by ~~material~~means toof ~~the~~a ~~Company’s~~government ~~financial statements~~order.

~~The~~Congolese ~~Company~~Security ~~does~~Service ~~not~~Partnership ~~expect the adoption of any recent accounting pronouncements to have a material impact on its financial statements.~~Agreement

~~ITEM~~On 7AFebruary 28, 2020, TMIG entered into a partnership agreement with a Congolese security service organization which would provide TMIG with security service organization assistance, support, and guidance with respect to, among other things, TMIG’s execution of the Medicinal Cannabis Project under the Agro Park Joint Venture. ~~QUANTITATIVE~~The ~~AND~~Security ~~QUALITATIVE~~Service ~~DISCLOSURES~~Agreement ~~ABOUT~~was ~~MARKET~~signed ~~RISK~~for an initial term of five (5) years renewable upon prior agreement between the parties.

~~Not~~9 ~~applicable~~Table ~~to a “smaller reporting company” as defined in Rule 12b-2~~ of ~~the Exchange Act.~~Contents

11The ~~Table~~Security Service Agreement set out the roles and responsibilities of ~~Contents~~the parties thereunder, the material terms of which are as follows:

~~ITEM~~TMIG 8Security Service Organization • Finance all payments to the security service organization for its services under the Security Service Agreement (as was previously provided for in the Agro Park JV Agreement) • Support TMIG in, among other things, safe and secure agricultural production, harvesting, processing, and marketing processes for both domestic and international markets. ~~FINANCIAL~~• ~~STATEMENTS~~Provide ~~AND~~the ~~SUPPLEMENTARY~~security ~~DATA~~service organization with specific information about the agricultural sector. • Accompany and assist TMIG in TMIG’s acquisition of new markets in the DRC within its area of expertise. • Provide TMIG with technical and safety consulting.

~~The~~International ~~full~~Police ~~text~~Service ofPartnership ~~the Company’s audited consolidated financial statements for the fiscal years ended November 30, 2020 and November 30, 2019, begins on page F-1 of this Annual Report on Form 10-K.~~Agreement

~~MIKROCOZE~~On ~~INC~~March 26, 2020, TMIG and Instadose Canada entered into a partnership agreement with an International Police Service organization (the “International Police Organization”) which would provide both TMIG and Instadose Canada with the assistance, support, and guidance of the International Police Organization with respect to due diligence on national, African, and foreign executives and agents before concluding contracts in the DRC and abroad (the “International Police Service Agreement”). Under the International Police Service Agreement, TMIG and Instadose Canada agreed to regularly provide the International Police Organization with sector specific information regarding its operations. The International Police Service Agreement was signed for an initial term of fifteen (15) years renewable upon prior agreement between all the parties.

~~FINANCIAL~~DRC ~~STATEMENTS~~Operational Update

~~November~~On 30August 17, 2020, Instadose Pharma DRC S.A.R.L. (“IDP DRC”) was legally registered in the DRC as a DRC company for the primary purpose of working with TMIG in connection with the portion of TMIG’s business dedicated to the export of medicinal cannabis in and from the DRC. IDP DRC is majority owned and controlled by Mr. Sanders.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM		F-1
BALANCE SHEETS		F-2
STATEMENTS OF OPERATIONS		F-3
STATEMENT OF STOCKHOLDERS’ DEFICIT		F-4
STATEMENTS OF CASH FLOWS		F-5
NOTES TO FINANCIAL STATEMENTS		F-6

On April 30, 2021, Instadose Canada entered into a charter agreement with Ethiopian Airlines Group (“Ethiopian”) for the purposes of transporting medicinal cannabis from the DRC to North Macedonia. Under the Ethiopian charter agreement, Ethiopian agreed to make one of its Boeing 777 aircrafts available to complete the DRC shipment. On the basis of having secured the charter agreement, IDP DRC and IDP Macedonia executed a supply agreement on May 24, 2021 governing an initial supply of 18,650 kilograms of medicinal cannabis to be transported by Ethiopian from the DRC to North Macedonia (the “DRC Medicinal Cannabis”). On June 1, 2021, the requisite certificate of analysis attributable to the DRC Medicinal Cannabis was prepared at the University of Kinshasa.

12On June 10, 2021, IDP Macedonia secured a permit from the Agency for Medicines and Medical Devices of the Republic of Macedonia (“MALMED”) authorizing the import of the DRC Medicinal Cannabis. On June 11, 2021, IDP DRC delivered the DRC Medicinal Cannabis to N’djili Airport, also known as Kinshasa International Airport, for loading onto Ethiopian’s Boeing 777 that had arrived to complete the DRC shipment. Unbeknownst to Instadose Canada, the final authorization of one certain intergovernmental organization was further required to complete the DRC shipment. Without it, Instadose Canada was required to abort completion of the DRC shipment. In doing so, the DRC Medicinal Cannabis was secured and stored within the guarded facilities of the Bolloré customs clearance area at N’dili Airport pending further resolution. On or about June 15, 2021, the DRC Medicinal Cannabis was transported to an indoor warehousing facility belonging to the National Intelligence Agency of the DRC pending its release back to IDP DRC for final delivery to North Macedonia.

~~REPORT~~10 OFTable ~~INDEPENDENT~~of ~~REGISTERED PUBLIC ACCOUNTING FIRM~~Contents

ToInstadose Canada, along with the ~~Board~~assistance of ~~Directors~~TMIG and ~~Shareholders~~IDP DRC representatives, continues to work directly with Congolese authorities in an effort to secure the release of ~~Mikrocoze~~the ~~Inc~~DRC Medicinal Cannabis to IDP DRC for final sampling and repackaging, and the final authorization.:

~~Opinion on the Financial Statements~~Cameroon

WeIn ~~have~~July ~~audited~~2021, ~~the~~Instadose ~~accompanying~~Canada ~~balance~~and ~~sheets~~Blackbush ofLtd ~~Mikrocoze Inc.~~ (“~~the~~Cameroon ~~Company~~JV Partner”) ascommenced ofnegotiations ~~November~~on ~~30,~~a ~~2020~~plan ~~and 2019, the related statements~~ of ~~operations,~~joint ~~stockholders’~~venture ~~deficit,~~that ~~and~~would ~~cash~~see ~~flows~~the ~~for~~parties ~~each~~work oftogether ~~the years~~ in ~~the~~Cameroon ~~two-year~~to ~~period~~secure ~~ended~~government‑issued ~~November~~licenses 30to, ~~2020~~among ~~and~~other ~~the related notes (collectively referred to as the “financial statements”). In our opinion~~rights, ~~the financial statements referred to above present fairly~~grow, ~~in all material respects~~cultivate, ~~the financial position of the Company as of November 30~~process, ~~2020 and 2019~~produce, and ~~the~~export ~~results~~medicinal ofcannabis ~~its~~in ~~operations~~ and ~~its~~from ~~cash~~Cameroon. ~~flows~~The ~~for~~parties ~~each~~anticipate of the ~~years~~legalization inof ~~the~~medicinal ~~two-year~~cannabis ~~period~~for ~~ended~~both ~~November~~commercial ~~30,~~cultivation ~~2020,~~and inexport ~~conformity~~to ~~with~~be ~~accounting~~completed ~~principles generally accepted~~ in ~~the United States of America~~2022.

~~Explanatory~~On ~~Paragraph~~November ~~Regarding~~15, ~~Going~~2021, ~~Concern~~Instadose Canada and the Cameroon JV Partner executed a joint venture agreement formalizing their relationship under the Cameroon joint venture. In doing so, the Cameroon joint venture would serve the Global Distribution Platform as a medicinal cannabis cultivation Participant. The term of the Cameroon joint venture was agreed at twenty‑five (25) years, with a mutual option to extend the Cameroon joint venture for one additional twenty‑five (25) year term.

The ~~accompanying~~Cameroon ~~financial~~joint ~~statements~~venture ~~have~~agreement ~~been~~provided ~~prepared~~Instadose ~~assuming~~Canada ~~that~~with ~~the~~exclusive ~~Company~~rights ~~will~~to ~~continue~~market asand asell ~~going~~all ~~concern.~~of Asthe ~~discussed~~medicinal incannabis ~~Note~~produced 1under to the ~~financial~~Cameroon ~~statements,~~joint ~~the~~venture ~~Company~~with ~~has~~those ~~suffered~~gross ~~recurring~~revenue ~~losses~~generated ~~from~~under ~~operations~~the ~~and~~Cameroon ~~has~~joint aventure ~~net~~to ~~capital~~be ~~deficiency~~shared ~~that~~fifty ~~raise~~percent ~~substantial~~(50%) ~~doubt about its ability~~ to ~~continue~~Instadose asCanada aand ~~going~~fifty ~~concern.~~percent ~~Management's~~(50%) ~~plans in regard~~ to ~~these matters are also described in Note 1. The financial statements do not include any adjustments that might result from~~ the ~~outcome~~Cameroon ofJV ~~this uncertainty~~Partner.

~~Basis~~The ~~for~~Cameroon ~~Opinion~~joint venture agreement set out the roles and responsibilities of the parties under the Cameroon joint venture, the material terms of which are as follows:

~~These~~Instadose ~~financial~~Canada ~~statements~~Cameroon ~~are~~JV ~~the~~Partner ~~responsibility~~• ofContribute its knowledge and expertise in Cameroon solely on the ~~Company’s~~Cameroon ~~management~~joint venture. ~~Our~~• ~~responsibility~~Secure isthe toCameroon ~~express~~joint anventure ~~opinion~~licenses; onand • Ensure continued compliance with all undertakings and responsibilities with respect to the ~~Company’s~~Cameroon ~~financial~~joint ~~statements~~venture ~~based~~licenses. • Source and secure on ~~our~~behalf ~~audits.~~of Wethe ~~are~~Cameroon ajoint ~~public~~venture: ~~accounting~~• ~~firm~~Obtain legal ownership or registered ~~with~~leasehold ~~the~~interests ~~Public~~in ~~Company~~and ~~Accounting~~to ~~Oversight~~all ~~Board~~lands ~~(United~~to ~~States~~be utilized for medicinal cannabis cultivation under the Cameroon joint venture lands. (i) all equipment required for processing medicinal cannabis, and (~~“PCAOB”~~ii) GACP and ~~are~~EU‑GMP ~~required~~certification for all medicinal cannabis processing facilities to be ~~independent~~utilized ~~with~~by the Cameroon joint venture. • With respect to the ~~Company~~sale inof ~~accordance~~medicinal cannabis and cannabinoid oil: • With respect to relationships with all responsible authorities in Cameroon: (i) Solicit supply agreements from pharmaceutical industry companies; (i) Maintain the ~~U.S.~~Cameroon ~~federal~~joint ~~securities~~venture’s ~~laws~~good standing in Cameroon; and ~~the~~(ii) ~~applicable~~Collect ~~rules~~revenues generated from pharmaceutical industry companies; and ~~regulations~~(ii) ofServe as the ~~Securities~~Cameroon ~~and~~joint ~~Exchange~~venture’s ~~Commission~~primary ~~and~~liaison with respect to all communications with responsible authorities relating to the ~~PCAOB~~Cameroon joint venture. (i) Complete payment of the Cameroon joint venture partner revenue share.

We11 ~~conducted~~Table ~~our audits in accordance with the standards~~ of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.Contents

~~Our~~Instadose ~~audits~~Canada ~~included~~Cameroon ~~performing~~JV ~~procedures~~Partner to• ~~assess~~Contribute ~~the~~its ~~risks~~pro ofrata ~~material~~share ~~misstatement~~ of the ~~financial~~Cameroon ~~statements~~joint venture’s funding obligations including, ~~whether~~but ~~due~~not limited to, ~~error~~those orcosts ~~fraud,~~required ~~and~~to: ~~performing~~• ~~procedures~~Contribute ~~that~~its ~~respond~~pro rata share of the Cameroon joint venture’s funding obligations including, but not limited to, those ~~risks.~~costs ~~Such~~required ~~procedures~~to: ~~included~~(i) ~~examining~~construct onthe amedicinal ~~test~~cannabis ~~basis,~~processing ~~evidence~~facilities; ~~regarding~~(i) construct the ~~amounts~~medicinal ~~and~~cannabis ~~disclosures~~processing infacilities; (ii) operate the ~~financial~~day‑to‑day ~~statements.~~activities ~~Our~~of ~~audits~~the ~~also~~Cameroon ~~included~~joint ~~evaluating~~venture. (ii) operate the ~~accounting~~day‑to‑day ~~principles~~activities ~~used~~of ~~and~~the ~~significant~~Cameroon ~~estimates~~joint ~~made~~venture. byFund ~~management,~~the costs as well as ~~evaluating~~oversee the ~~overall~~logistics ~~presentation~~required to transport medicinal cannabis from Cameroon. • Operate the day‑to‑day activities of the ~~financial~~Cameroon ~~statements.~~joint Weventure ~~believe~~including, ~~that~~but ~~our~~not ~~audits~~limited ~~provide~~to adaily ~~reasonable~~operation ~~basis~~of: ~~for~~(i) ~~our~~the ~~opinion.~~Cameroon joint venture lands; and (ii) the Cameroon joint venture facilities

~~Critical~~II. ~~Audit Matters~~EUROPE

~~The~~Republic ~~critical audit matters communicated below are matters arising from the current period audit~~ of ~~the~~North financial statements that were communicated or required to be communicated to the audit committee and that: (1) related to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgements. The communication of critical audit matters does not alter in any way our opinion on the financial statements, taken as a whole, and we are not, by communicating the critical matters below, providing separate opinions on the critical audit matters or on the accounts or disclosures to which they relate.Macedonia

~~Going~~On ~~Concern~~February 9, 2016, the Macedonian Parliament Health Committee gave its approval for the legalization of Medicinal Cannabis in North Macedonia4. Legislation was introduced through amendments to the existing law on the control of narcotic drugs and psychotropic substances.5 Today, the applicable laws of North Macedonia now allow for Medicinal Cannabis to be imported into and/or exported from North Macedonia as an active pharmaceutical ingredient, regardless of form (ie. Medicinal Cannabis or cannabinoid oil)6. North Macedonia became a candidate for accession to the European Union (“EU”) in 2005. In March 2020, the EU gave its formal approval to begin accession talks with North Macedonia following the rectification of a long‑standing dispute with Greece in 20197. However, in November 2020, a dispute with Bulgaria effectively blocked the official start of North Macedonia’s EU accession negotiations8.

AsInstadouz ~~described~~Farma further in Note 1 to the financial statements, the Company has incurred losses each year from inception through November 30, 2020 and expects to incur additional losses in the future. The ability of the Company to continue as a going concern is dependent on raising capital to fund its initial business plan and ultimately to attain profitable operations. Accordingly, the Company has determined that these factors raise substantial doubt as to the Company’s ability to continue as a going concern for a period of one year from the issuance of these financial statements. Management intends to continue to fund its business by way of private placements and advances from related parties as may be required, in order satisfy the Company’s obligations as they come due for at least one year from the financial statement issuance date. However, the Company has not concluded that these plans alleviate the substantial doubt related to its ability to continue as a going concern.Doo

WeOn ~~determined~~October ~~the~~10, ~~Company’s~~2019, ~~ability~~Instadouz toFarma ~~continue~~Doo Strumica (“IDP Macedonia”) was registered as a ~~going~~limited ~~concern~~liability company by the Central Registry of Macedonia. As of the date hereof, IDP Macedonia is a ~~critical~~joint ~~audit~~venture ~~matter~~between ~~due~~Instadose toCanada and its joint venture partner in North Macedonia, with its ownership being registered fifty percent (50%) in the ~~estimation~~name of Grant F. Sanders which ownership interest is held by Mr. Sanders as a trustee in trust for Instadose Canada pursuant to a declaration of trust executed by Mr. Sanders in favour of Instadose Canada on March 2, 2021 and ~~uncertainty~~fifty ~~regarding~~percent (50%) in the ~~Company~~name of the North Macedonia partner. IDP Macedonia was established for the purpose of operating Instadose Canada’s ~~available~~first ~~capital~~fully ~~and~~operable cannabinoid oil production facility located at Kirchovica (CL 24/12) Industrial Zone of the ~~risk~~cadaster Municipality of ~~bias~~Sachevo in ~~management’s~~North ~~judgments~~Macedonia. ~~and~~Ownership ~~assumptions~~of the North Macedonia production facility is held in ~~their~~the ~~determination~~name of Kanabiko Doo, Strumica (“Kanabiko”) with ownership of Kanabiko registered fifty percent (50%) in the name of Grant F. ~~Our~~Sanders ~~audit~~as ~~procedures~~a ~~related~~trustee in trust for Instadose Canada pursuant to a declaration of trust executed by Mr. Sanders on March 3, 2021. The remaining fifty percent (50%) ownership interest in Kanabiko is registered in the ~~Company~~name of the North Macedonia partner. On March 2, 2020, IDP Macedonia and Kanabiko entered into a multi-year lease agreement governing IDP Macedonia’s ~~assertion~~rights onto ~~its~~access ~~ability~~and tooperate ~~continue~~the asNorth aMacedonia ~~going~~production ~~concern~~facility. ~~included~~On January 11, 2021, IDP Macedonia and Kanabiko amended the ~~following~~terms of the facility lease agreement for the purposes of reducing the monthly rental rate to be paid by IDP Macedonia from €20,000 ~~among~~to ~~others:~~€2,000.

· We inquired of Company management and reviewed company records to assess whether there are additional factors that contribute to the uncertainties disclosed. · We assessed whether the Company’s determination that there is substantial doubt about its ability to continue as a going concern was adequately disclosed. · We performed testing procedures such as analytical procedures to identify conditions and events that indicate there could be substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time. · We reviewed and evaluated management's plans for dealing with adverse effect of these conditions and events.____________

4 https:/s/ ~~Sadler, Gibb & Associates, LLC~~www.eurasiareview.com/10022016-macedonia-parliament-legalizes-medical-marijuana/

We5 ~~have served as the Company’s auditor since 2017~~https://www.healtheuropa.eu/medical-cannabis-in-north-macedonia/101298/

~~Draper,~~6 UThttps://www.mmjdaily.com/article/9331218/north-macedonian-grower-receives-export-license/

~~February~~7 ~~24, 2021~~ https://www.schengenvisainfo.com/news/albania-and-north-macedonia-to-begin-eu-membership-talks/

~~F-1~~8 ~~Table of Contents~~https://www.politico.eu/article/bulgaria-blocks-eu-membership-talks-for-north-macedonia/

~~MIKROCOZE~~12 ~~INC.~~Table of Contents

~~BALANCE~~The ~~SHEETS~~North Macedonia Joint Venture Agreement

	November 30, 2020			November 30, 2019
ASSETS
CURRENT ASSETS
Cash	$	65		$	-
TOTAL CURRENT ASSETS	$	65		$	-
LIABILITIES AND STOCKHOLDERS’ DEFICIT
CURRENT LIABILITIES
Accounts payable	$	338		$	1,037
Due to related party		82,085			55,664
TOTAL CURRENT LIABILITIES		82,423			56,701
COMMITMENTS AND CONTINGENCIES STOCKHOLDERS’ DEFICIT		-			-
Common stock
Authorized:
500,000,000 shares of common stock, $0.001 par value, Issued and outstanding: 75,000,000 and 75,000,000 shares of common stock (refer Note 3)		75,000			75,000
Additional paid-in capital		(51,000	)		(51,000	)
Accumulated deficit		(106,358	)		(80,701	)
TOTAL STOCKHOLDERS’ DEFICIT		(82,358	)		(56,701	)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	65		$	-

On December 1, 2019, IDP Macedonia and Instadose Canada entered into a joint venture agreement that would see Instadose Canada utilize IDP Macedonia and the North Macedonia production facility to import medicinal cannabis from, among other countries, the DRC, to be processed into cannabinoid oil at the North Macedonia production facility and sold into Instadose Canada’s distribution network. In doing so, Instadose Canada plans to utilize IDP Macedonia as Instadose Canada’s first European cannabinoid oil production and distribution participant. As a cannabinoid oil production participant, IDP Macedonia would work with Instadose Canada to import medicinal Cannabis predominantly from the DRC and Mexico. Once received, the medicinal cannabis would be sold in its then present form by IDP Macedonia or utilized by IDP Macedonia in the production and sale of cannabinoid oil to pharmaceutical industry companies sourced by Instadose Canada. Under the North Macedonia joint venture agreement, the parties agreed to a gross revenue share model from the sale of medicinal cannabis and cannabinoid oil. Instadose Canada and IDP Macedonia agreed to a twenty‑five (25) year term for the North Macedonia joint venture renewable once upon the tacit agreement of the parties.

The ~~accompanying~~North ~~notes~~Macedonia ~~are~~joint anventure ~~integral~~agreement ~~part~~set out the roles and responsibilities of ~~these~~the ~~financial~~parties ~~statements.~~under the North Macedonia joint venture, the material terms of which are as follows:

F-2 Table of Contents

	Instadose Canada		IDP Macedonia
•	Work with IDP Macedonia to construct and operate the North Macedonia production facility.	•	Work with Instadose Canada to construct and operate the North Macedonia production facility.
	Ensure the good standing of the North Macedonia JV Agreement.	•	Acquire all licenses, permits, approvals, and consents necessary in Macedonia to import, possess, process, store, transport, and export medicinal cannabis and CBD oil.
•	Purchase, supply, and deliver to the North Macedonia production facility, all medicinal cannabis extraction and processing equipment necessary to produce CBD oil.	•	Ensure the continuous good standing and possession of all licenses and permits.
•	Coordinate all of the transport logistics pertaining to the delivery of all medicinal cannabis to the North Macedonia production facility, from, amongst other countries, the DRC.	•	Solicit supply agreements for medicinal cannabis and cannabinoid oil.
•	Ensure delivery of the medicinal cannabis necessary to satisfy all supply agreements contained in the purchasing forecasts provide to Instadose Canada by IDP Macedonia.	•	Provide Instadose Canada with an initial supply agreement for no less than 100,000 kilograms of medicinal cannabis per month.
•	Solicit supply agreements for medicinal cannabis and cannabinoid oil.	•	Provide Instadose Canada with a rolling twelve (12) month medicinal cannabis biomass purchasing forecast.
•	Bill, collect, deposit, and retain all gross revenue as well as the distribution of the North Macedonia revenue share derived from the sale of medicinal cannabis biomass and CBD oil.	•	Coordinate all transport logistics pertaining to the delivery of all medicinal cannabis biomass from the North Macedonia production facility to purchasers of medicinal cannabis and cannabinoid oil.

~~MIKROCOZE~~Annex ~~INC~~No. 2 to North Macedonia Joint Venture Agreement

~~STATEMENTS~~On OFAugust ~~OPERATIONS~~24, 2021, Instadose Canada and IDP Macedonia executed Annex No. 2 to the North Macedonia joint venture agreement, the primary purpose of which was to amend the North Macedonia revenue share set forth under the North Macedonia joint venture agreement and Annex No.1. Under Annex No. 2, the amount of the amended North Macedonia revenue share as between Instadose Canada and the North Macedonia partner would differ depending upon which medicinal cannabis cultivation Participant supplied the medicinal cannabis sold, or first produced into cannabinoid oil and then sold, by Instadose Canada under the North Macedonia joint venture agreement.

	Year ended November 30, 2020			Year ended November 30, 2019
REVENUE
Product sales	$	-		$	-
Cost of goods sold		-			-
GROSS PROFIT		-			-
OPERATING EXPENSES
General and administrative		7,697			6,274
Professional fees		17,960			16,999
TOTAL OPERATING EXPENSES		(25,657	)		(23,733	)
NET LOSS		(25,657	)		(23,273	)
NET LOSS PER COMMON SHARE – BASIC AND DILUTED	$	(0.00	)	$	(0.00	)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING – BASIC AND DILUTED		75,000,000			75,000,000

Table of Contents

~~The~~IDP ~~accompanying~~Macedonia ~~notes~~Operational ~~are an integral part of these financial statements.~~Update

~~F-3~~North ~~Table~~Macedonia ofProduction ~~Contents~~Facility

~~MIKROCOZE~~Construction ~~INC~~of the North Macedonia production facility commenced in January 2020. On August 26, 2020, albeit during the Covid‑19 global pandemic, MALMED, located in Skopje, North Macedonia, issued a letter to IDP Macedonia ranting IDP Macedonia its production license for the North Macedonia production facility. In doing so, MALMED confirmed that:

~~STATEMENT~~(i) OFIDP ~~STOCKHOLDERS’~~Macedonia ~~DEFICIT~~met the requirements regarding the space, equipment, and personnel for the performance of the activity of production of medicinal cannabis extracts for medical purposes in the form of oil extracts at the North Macedonia production facility; (ii) a permission on the production of medicinal cannabis extracts for medicinal purposes at the North Macedonia production facility was granted to IDP Macedonia with the validity of five (5) years starting from the August 26, 2020 letter; and (iii) a permission referring to the equipment and facilities at the North Macedonia production facility which will be used to produce medicinal cannabis extracts for medicinal purposes was granted to IDP Macedonia.

~~FOR~~Instadose ~~THE~~Canada ~~YEARS~~expects ~~ENDED~~to ~~NOVEMBER~~have ~~30,~~the ~~2020~~North ~~AND~~Macedonia ~~2019~~production facility fully operational to produce cannabinoid oil on or before December 1, 2022.

	Common Stock				Additional
	Number of shares		Amount		Paid-in Capital			Accumulated Deficit			Total
Balance, November 30, 2018		75,000,000		75,000	$	(51,000	)	$	(57,428	)	$	(33,428	)
Net loss for the year ending November 30, 2019		-		-		-			(23,273	)		(23,273	)
Balance, November 30, 2019		75,000,000		75,000	$	(51,000	)	$	(80,701	)	$	(56,701	)
Net loss for the year ending November 30, 2020		-		-		-			(25,657	)		(25,657	)
Balance, November 30, 2020		75,000,000	$	75,000	$	(51,000	)	$	(106,358	)	$	(82,358	)

Successful Purchase and Import of Medicinal Cannabis into North Macedonia

~~The~~On ~~accompanying~~February ~~notes~~4, ~~are~~2021, IDP Macedonia entered into a supply agreement with a South African licensed grower of medicinal cannabis governing the supply of 200.52 kilograms of medicinal cannabis to IDP Macedonia bearing THC-content levels as high as 18.19%. On March 16, 2021, IDP Macedonia and the South Africa grower entered into an ~~integral~~addendum ~~part~~to the supply agreement for the purpose of ~~these~~reducing ~~financial~~the ~~statements~~quantity of medicinal cannabis to be supplied to IDP Macedonia by the South Africa Grower from 200.52 kilograms to 176.5 kilograms of medicinal cannabis. On March 19, 2021, IDP Macedonia secured a permit from MALMED in North Macedonia authorizing the import of the Southern Africa cannabis. On April 19, 2021, the South African Medicines Regulatory Authority authorized the South African grower’s export of the South African cannabis. On April 30, 2021, the South Africa cannabis was successfully delivered and thereafter released to IDP Macedonia. Of great significance to Instadose Canada, the first South Africa shipment demonstrated the ability of Instadose Canada and IDP Macedonia to work together under the North Macedonia joint venture to successfully import, and obtain the release of, imported medicinal cannabis. In doing so, Instadose Canada and IDP Macedonia demonstrated their collective ability to meet the strict shipping and packaging requirements set by MALMED for medicinal cannabis.

~~F-4~~Granting ~~Table~~ of ~~Contents~~IDP Macedonia’s Wholesale License

~~MIKROCOZE~~On ~~INC~~June 4, 2021, IDP Macedonia provided MALMED with its license application for the wholesale of medicines in and from North Macedonia. On August 9, 2021, MALMED official granted the wholesale license to IDP Macedonia. Having already obtained its production license, the granting of the wholesale license now permits IDP Macedonia to sell imported medicinal cannabis as well as all cannabinoid oil produced by IDP Macedonia at the North Macedonia production facility both inside and outside of North Macedonia.

~~STATEMENTS~~New OFSupply ~~CASH~~Agreement ~~FLOWS~~to Purchase and Import Medicinal Cannabis into North Macedonia

	Year ended November 30, 2020			Year ended November 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss for the period	$	(25,657	)	$	(23,273	)
Adjustments to reconcile net loss to net cash used in operating activities
Expenses paid on behalf of the Company by related party		26,091			22,908
Changes in operating assets and liabilities
Accounts payable		(647	)		(240	)
NET CASH USED IN OPERATING ACTIVITIES		213			(125	)
CASH FLOWS FROM INVESTING ACTIVITIES		-			-
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from subscription receivable from officer		-			-
Related party advances		330			25
NET CASH PROVIDED BY FINANCING ACTIVITIES		330			25
NET CHANGE IN CASH		117			(100	)
CASH, BEGINNING OF PERIOD		(52	)		100
CASH, END OF PERIOD	$	65		$	-
SUPPLEMENTAL CASH FLOW INFORMATION AND NONCASH INVESTING AND FINANCING ACTIVITIES:
Cash paid during the period for:
Interest	$	-		$	-
Income taxes	$	-		$	-

On July 21, 2021, IDP Macedonia entered into a second supply agreement with the South African grower governing the supply of 8,000+ kilograms of medicinal cannabis to IDP Macedonia bearing CBD and THC-content levels as high as 16.6% and 17.98% respectively. Delivery of the first 2.125 ton lot of new South Africa cannabis to IDP Macedonia was completed on December 25, 2021. Instadose Canada expects to generate net revenue of approximately US$3 million under the terms of the North Macedonia joint venture agreement.

~~The~~14 ~~accompanying~~Table ~~notes are an integral part~~ of ~~these financial statements.~~Contents

~~F-5~~III. ~~Table of Contents~~PORTUGAL

~~MIKROCOZE~~In ~~INC~~August 2018, legislation was signed into law to allow for the use of medicinal cannabis in Portugal(9). ~~NOTES~~As TOa ~~FINANCIAL~~current ~~STATEMENTS~~member ~~NOVEMBER~~of 30the EU, ~~2020~~Portugal is setting itself up to become a medicinal cannabis production hub capable of serving the growing European marketplace.

~~NOTE~~The 1IDP –Portugal ~~NATURE~~Joint OFVenture ~~OPERATIONS AND BASIS OF PRESENTATION~~Agreement

~~Mikrocoze~~On ~~Inc.~~July ~~was~~9, ~~incorporated~~2020, inInstadose ~~the~~Canada ~~State~~entered into a letter agreement with Aldo Pedro Fuguiera Vidinha setting forth an agreed upon plan of ~~Nevada~~joint asventure athat ~~for-profit~~would ~~Company~~enable onInstadose ~~August~~Canada 17to execute upon its operating strategy in Portugal. On October 19, ~~2016~~2020, ~~and~~parties ~~established~~executed a ~~fiscal~~joint ~~year~~venture ~~end~~agreement ofthat ~~November~~would 30see the parties establish Instadose Canada Pharma, LDA (“IDP Portugal”) to serve the Global Distribution Platform as Instadose Canada’s first EU‑based cannabinoid oil production Participant. The ~~Company~~term isof ~~organized~~the toIDP ~~sell~~Portugal ~~micro-furniture~~joint ~~that~~venture iswas ~~designed~~agreed toat ~~maximize~~twenty‑five ~~any~~(25) ~~small~~years, ~~space~~with ~~and~~a mutual option to ~~sell~~extend ~~its~~the ~~products~~IDP ~~via~~Portugal ~~the~~joint ~~internet~~venture for one additional twenty‑five (25) year term.

On October 919, 2020, ~~the~~Instadose ~~existing~~Canada ~~director~~ and ~~officer of~~ the ~~Company~~Portugal ~~resigned~~JV ~~effective~~Partner ~~immediately.~~executed ~~Accordingly,~~a ~~Sukhmanjit~~joint ~~Singh,~~venture ~~serving~~agreement as(the a“IDP ~~director~~Portugal ~~and~~JV anAgreement”) ~~officer,~~that ~~ceased~~would tosee be the ~~Company’s~~parties ~~Chief~~establish ~~Executive~~Instadose ~~Officer~~Pharma, ~~Chief~~LDA ~~Financial~~(“IDP ~~Officer,~~Portugal”) ~~President,~~to ~~Treasurer,~~serve ~~Secretary~~the ~~and~~Global aDistribution ~~Director.~~Platform Atas ~~the~~Instadose ~~effective~~Canada’s ~~date~~first ofEU‑based ~~the~~cannabinoid ~~resignation,~~oil ~~Mr.~~production ~~Terry~~Participant ~~Wilshire~~(the ~~consented~~“IDP toPortugal ~~act~~Joint asVenture”) ~~the~~. ~~new~~The ~~President~~term ~~and Member~~ of the ~~Board~~IDP ofPortugal ~~Directors~~Joint ofVenture ~~the~~was ~~Company~~agreed ~~and~~at ~~Robert~~twenty‑five ~~Dickenson~~(25) ~~consented~~years, towith ~~act~~a asmutual ~~the~~option ~~new~~to ~~Vice~~extend ~~President~~the ~~and~~IDP ~~Member~~Portugal ofJoint ~~the~~Venture ~~Board~~for ofone ~~Directors~~additional oftwenty‑five ~~the~~(25) ~~Company~~year term.

~~Going~~The ~~concern~~IDP Portugal joint venture agreement set forth the intended scope of the Portugal joint venture which contemplated Instadose Canada working with Vidinha for the purpose of:

To(i) ~~date~~obtaining ~~the~~all ~~Company~~of ~~has~~the ~~generated~~licenses ~~minimal~~required ~~revenues~~by ~~from~~IDP ~~its~~Portugal ~~business~~to ~~operations~~operate ~~and~~the ~~has~~Portugal ~~incurred~~joint ~~operating~~venture; ~~losses~~(ii) ~~since~~securing ~~inception~~requisite ofland ~~$106,358.~~in AsPortugal atto ~~November~~construct ~~30,~~IDP ~~2020,~~Portugal’s ~~the~~EU‑GMP ~~Company~~certifiable ~~has~~cannabinoid aoil ~~working~~production, ~~capital deficit of $82~~bottling,~~358.~~ ~~The~~and ~~Company~~storage ~~will~~facility; ~~require~~(iii) ~~additional~~constructing, ~~funding~~managing, ~~to meet its ongoing obligations~~ and ~~to fund anticipated~~ operating ~~losses. The ability of~~ the ~~Company~~IDP toPortugal ~~continue~~production asfacility; a(iv) ~~going~~importing ~~concern~~medicinal iscannabis ~~dependent~~from, onamong ~~raising~~other ~~capital~~countries, tothe ~~fund~~DRC, ~~its~~Colombia ~~initial business plan~~ and ~~ultimately~~Mexico, to ~~attain~~be ~~profitable~~utilized ~~operations.~~for ~~Accordingly,~~the ~~these~~production ~~factors~~of ~~raise~~cannabinoid ~~substantial~~oil ~~doubt~~at ~~as to~~ the ~~Company’s~~IDP ~~ability~~Portugal toproduction ~~continue~~facility; as(v) amarketing, ~~going~~exporting, ~~concern~~and ~~for~~selling amedicinal ~~period~~cannabis ofand ~~one~~cannabinoid ~~year~~oil ~~from~~produced under the ~~issuance~~Portugal ofjoint ~~these~~venture ~~financial statements. The Company intends~~ to ~~continue~~pharmaceutical toindustry ~~fund~~companies ~~its~~located ~~business~~predominantly bythroughout ~~way~~the ofEU; ~~private placements~~ and ~~advances~~(vi) ~~from~~engaging ~~related~~in ~~parties~~one asor ~~may~~more beindustry ~~required.~~collaboration ~~These~~opportunities ~~financial~~throughout ~~statements~~Portugal dowith ~~not~~other ~~include~~licensed ~~any~~producers ~~adjustments relating to the recoverability and classification~~ of ~~recorded~~medicinal ~~asset~~cannabis ~~amounts or amounts~~ and ~~classification~~cannabinoid ~~of liabilities that might result from this uncertainty~~oil.

~~NOTE~~The 2IDP –Portugal ~~SUMMARY~~joint OFventure ~~SIGNIFICANT~~agreement ~~ACCOUNTING~~provided ~~POLICIES~~Instadose Canada with the exclusive right to supply the IDP Portugal joint venture with imported medicinal cannabis as well as market and sell all of the cannabinoid oil produced at the IDP Portugal production facility with those net profits generated under the IDP Portugal joint venture to be shared ninety-five percent (95%) to Instadose Canada and five percent (5%) to the Portugal joint venture partner

~~Basis~~The IDP Portugal joint venture agreement set out the roles and responsibilities of ~~Presentation~~the parties under the IDP Portugal joint venture, the material terms of which are as follows:

~~The~~Instadose ~~financial~~Canada ~~statements~~Portugal ~~present~~JV ~~the~~Partner ~~balance~~• ~~sheet,~~Ensure ~~statements~~the ofcontinued ~~operations,~~good ~~stockholders’~~standing ~~equity and cash flows~~ of: ~~the~~• ~~Company.~~Obtain ~~These~~and ~~financial~~keep ~~statements~~current ~~are presented in~~ the ~~United~~IDP ~~States~~Portugal ~~dollars~~license ~~and~~on ~~have~~behalf ~~been~~of ~~prepared~~IDP inPortugal. ~~accordance~~(i) ~~with~~the ~~accounting~~TMIG ~~principles~~joint ~~generally~~venture; ~~accepted~~and in(ii) the ~~United~~TMIG’s ~~States~~medicinal cannabis rights.

~~Use of Estimates and Assumptions~~____________

~~Preparation~~9 ofLamers, ~~the~~Matt ~~financial~~(21 ~~statements~~June in2018). ~~conformity~~“Portugal ~~with~~passes ~~generally~~medical ~~accepted~~cannabis ~~accounting~~law, ~~principles~~opens ~~requires~~domestic ~~management~~market”. toMarijuana ~~make~~Business estimates and assumptions that affect certain 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 periodDaily. ~~Accordingly,~~Retrieved ~~actual~~24 ~~results~~August ~~could differ from those estimates~~2018.

~~Cash~~15 ~~and~~Table ~~Cash~~of ~~Equivalents~~Contents

~~For~~Instadose ~~purposes~~Canada ofPortugal JV Partner • Fund all IDP Portugal joint venture set‑up costs, the ~~statement~~initial ofoperating ~~cash~~expense ~~flows~~advance, and all funding shortfalls. • Assist in the ~~Company~~preparation ~~considers~~of ~~highly~~all ~~liquid~~volume ~~financial~~forecasts, ~~instruments~~general ~~purchased~~reporting obligations, and standard operating procedures. Assist the Portugal joint venture partner with arespect ~~maturity~~to: • Hire the requisite personnel and service providers required by IDP Portugal to operate, manage, and maintain the IDP Portugal production facility. (i) the importation of ~~three~~all ~~months~~medicinal cannabis into Portugal; and (ii) managing the purchase or ~~less~~construction of the IDP Portugal production facility. • With respect to beall ~~cash~~imported ~~equivalents~~medicinal cannabis: • Oversee the following on behalf of IDP Portugal: (i) ensure all medicinal cannabis is cultivated, collected, and packaged in accordance with GACP guidelines; (i) the purchase or construction of the IDP Portugal production facility; (ii) supply sufficient quantities of medicinal cannabis to satisfy all minimum import quotas; (ii) the payment of all Portugal joint venture expenses; (iii) secure all required Certificates of Analysis; (iii) the operation, management, and maintenance of the IDP Portugal production facility; (iv) secure the export permits required by IDP Portugal for importation into Portugal; and (iv) employee hiring and training; and (v) co‑ordinate all transport logistics for the delivery of imported medicinal cannabis to the IDP Portugal production facility. (v) the production and bottling of all cannabinoid oil at the IDP Portugal production facility. • With respect to the sale of medicinal cannabis and cannabinoid oil: • With respect to the sale of medicinal cannabis and cannabinoid oil: (i) solicit supply agreements from pharmaceutical industry companies; (i) solicit supply agreements from pharmaceutical industry companies; (ii) assist IDP Portugal in collecting revenues generated from sales to pharmaceutical industry companies; and (ii) assist IDP Portugal in collecting revenues generated from sales to pharmaceutical industry companies; and (iii) assist IDP Portugal in distributing the net profit share. (iii) assist IDP Portugal in distributing the net profit share.

~~Inventory~~Annex No. 1 to IDP Portugal JV Agreement

WeOn ~~value~~September ~~our~~27, ~~inventories~~2021, atSmart ~~the~~Nature ~~lower~~received approval of ~~cost,~~its ~~determined~~medicinal oncannabis alicense ~~first-in,~~application ~~first-out~~from ~~method,~~the orPortuguese ~~market~~National ~~value.~~Authority ~~Our inventory consists solely~~ of ~~finished~~Medicines ~~goods.~~and WeHealth ~~review~~subject ~~inventories~~to onthe ~~hand~~successful atcompletion ~~least~~of ~~quarterly~~both ~~and~~Infarmed ~~record~~Good ~~provisions~~Distribution ~~for~~Practice ~~estimated excess, slow moving~~ and ~~obsolete~~police ~~inventory,~~security asinspections ~~well~~expected asto ~~inventory~~take ~~with~~place ain ~~carrying~~the ~~value~~first inquarter ~~excess~~ of ~~net realizable value~~2022. The ~~regular~~Portugal ~~and~~joint ~~systematic~~venture ~~inventory~~partner ~~valuation~~anticipates ~~reviews~~receiving ~~include~~Smart aNature’s ~~current~~medicinal ~~assessment~~cannabis oflicenses ~~future~~on ~~product~~or ~~demand,~~around ~~historical~~April ~~experience~~1, ~~and obsolete finished product~~2022.

~~Revenue~~On ~~Recognition~~October 26th 2021, Instadose Canada and the Portugal joint venture partner agreed to amend the Portugal joint venture agreement to include Smart Nature. Pending receipt by IDP Portugal of the IDP Portugal licenses, the Portugal joint venture partner agreed in Annex no. 1 to provide Instadose Canada with exclusive third-party rights to utilize the Smart Nature licenses (once officially granted) to import, distribute, and export medicinal cannabis in and from Portugal. In utilizing the Smart Nature licenses, net profits generated by IDP Portugal from the IDP Portugal joint venture would be shared ninety percent (90%) to Instadose Canada and ten percent (10%) to the Portugal joint venture partner

~~The~~IDP ~~Company~~Portugal ~~recognizes~~Operational revenue in accordance with ASC topic 606 “Revenue from contracts with customers, and other applicable revenue recognition guidance under US GAAP. Sales revenue is recognized for our retail and wholesale customers when: (i) approval of both parties, (ii) the goods or services associated with transaction must be identified, (iii) identification of the transaction price, (iv) the contract has commercial substance, and (v) the performance obligation is satisfied — generally when products are shipped to the customer. Revenue consists of revenue earned from the sale of furniture and is recognized at the time the product is shipped to the customer. Update

~~F-6~~Establishment ~~Table~~ of ~~Contents~~Instadose Pharma, LDA

~~MIKROCOZE~~IDP ~~INC~~Portugal was officially incorporated on July 1, 2020 as Abstractingredient, LDA. ~~NOTES~~The TOcompany’s ~~FINANCIAL~~name ~~STATEMENTS~~was ~~NOVEMBER~~officially 30amended to IDP Portugal on October 21, 2020. A ninety-five percent (95%) ownership interest in IDP Portugal is presently held by the Portugal joint venture partner’s personal corporation as trustee for Instadose Canada pursuant to the terms of an executed trust declaration dated March 4, 2021. The remaining five percent (5%) ownership interest in IDP Portugal is held by the Portugal joint venture partner.

~~NOTE~~16 2Table –of ~~SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)~~Contents

~~Foreign~~IDP ~~Currency~~Portugal ~~Translation~~Production Facility

~~The~~On ~~Company~~August ~~translates~~6, ~~the~~2021, ~~foreign~~IDP ~~currency~~Portugal ~~financial~~entered ~~statements~~ into USan ~~Dollars~~agreement ~~using~~with ~~the~~a ~~year~~local orlandowner ~~reporting~~to ~~period~~purchase ~~end~~commercial ofland ~~average~~located ~~exchange rates~~ in ~~accordance~~Caldas ~~with~~da ~~the requirements of Accounting Standards Codification subtopic 830-10~~Rainha, ~~Foreign~~Portugal Currency Matters (“ASC 830-10”). Assets and liabilities of these subsidiaries were translated at exchange rates as of the balance sheet date. Revenues and expenses are translated at average rates in effect for the ~~periods~~purpose ~~presented.~~of ~~The~~constructing ~~cumulative translation adjustment is included in~~ the ~~accumulated~~IDP ~~other~~Portugal ~~comprehensive~~production ~~gain (loss) within shareholders’ equity (deficit)~~facility. Foreign currency transaction gains and losses arising from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in general and administrative expenses of the statement of operations.

~~Fair~~IDP ~~Value~~Portugal ofLicense ~~Financial Instruments~~Application

~~The~~Instadose ~~carrying~~Canada ~~amount~~and of the ~~Company’s~~Portugal ~~financial~~joint ~~assets~~venture ~~and~~partner ~~liabilities~~expect ~~approximates~~to ~~their~~be ~~fair~~in ~~values~~a ~~due~~position to ~~their~~file ~~short-term~~an ~~maturities~~application with Infarmed to acquire the IDP Portugal licenses in or around June 1, 2022.

~~Loss per Common Share~~III. ASIA

The ~~basic~~Republic ~~loss per share is calculated by dividing the Company’s net loss available to common shareholders by the weighted average number~~ of common shares during the year. The diluted loss per share is calculated by dividing the Company’s net loss available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. Diluted loss per share is the same as basic loss per share due to the lack of dilutive items in the Company. As of November 30, 2020 and 2019, there were no common stock equivalents outstanding.India

~~Income~~The ~~Taxes~~Narcotic Drugs and Psychotropic Substances Act of 1985 (the “NDPSA”) made the trade and consumption of medicinal cannabis in India illegal. The NDPSA also imposed a strict ban on medicinal cannabis (including hemp) production throughout the country. The Indian market has gathered significant attention recently, with various activists/NGOs filing court petitions demanding the legalization of Cannabis. One of these NGOs is the Great Legalization Movement, which has been working to legalize the use of medicinal cannabis for medicinal and industrial purposes in India[10]. In 2017, the northern Indian State of Uttarakhand became the first State in India to legalize the growing and cultivation of medicinal cannabis for medicinal and industrial purposes[11]. In 2019, Madhya Pradesh (the second largest State in India) followed Uttarakhand in legalizing medicinal cannabis for similar purposes[12]. Recently, the Indian state of Hamichal Pradesh made it known that it too was now considering the move towards similar legalization[13]. With a population of approximately 1.4 billion and a growing middle class, the potential for medicinal cannabis in India is substantial[14].

The ~~Company~~India ~~follows~~Joint the liability method of accounting for income taxes. Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax balances and tax loss carry-forwards. Deferred tax assets and liabilities are measured using enacted or substantially enacted tax rates expected to apply to the taxable income in the years in which those differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the date of enactment or substantive enactment. Venture

~~Stock-based~~In ~~Compensation~~January 2021, Instadose Canada, along with its local partner in India, Sanctum Healthcare Remedies Private Limited (“Sanctum”), commenced official discussions with State government officials in Uttarakhand with a goal to secure a legal commercial license to grow, cultivate, process, and produce medicinal cannabis and cannabinoid oil on agricultural lands located within the State of Uttarakhand.

~~The~~In ~~Company~~February ~~follows ASC 718-10~~2021, ~~"Stock~~Instadose ~~Compensation",~~Canada ~~which~~and ~~addresses~~Sanctum ~~the~~agreed ~~accounting~~to ~~for transactions in which an entity exchanges its equity instruments for goods or services, with~~ a ~~primary~~plan ~~focus~~of onjoint ~~transactions~~venture inthat ~~which~~would ansee ~~entity~~the ~~obtains~~parties ~~employee~~work ~~services~~together in ~~share-based~~India ~~payment~~to ~~transactions.~~secure ~~ASC~~multiple ~~718-10~~State‑issued islicenses ~~a revision~~ to, ~~SFAS~~among ~~No.~~other ~~123~~rights, ~~"Accounting~~grow, ~~for~~cultivate, ~~Stock-Based~~process, ~~Compensation~~produce," export, and ~~supersedes~~sell ~~Accounting~~medicinal ~~Principles~~cannabis ~~Board~~ (~~"APB")~~with ~~Opinion~~an ~~No.~~initial ~~25,~~maximum ~~"Accounting~~THC ~~for~~content ~~Stock~~level ~~Issued~~of to0.3%) ~~Employees,"~~ and ~~its~~cannabinoid ~~related~~oil ~~implementation~~on ~~guidance.~~certain ~~ASC~~agricultural ~~718-10~~lands ~~requires~~in ~~measurement~~India ofstarting with the ~~cost~~Uttarakhand oflicense ~~employee~~and ~~services~~Uttarakhand ~~received~~lands. inOn ~~exchange~~February ~~for~~18, an2021, ~~award~~Instadose ofCanada ~~equity~~and ~~instruments~~Sanctum ~~based~~executed ona ~~the~~joint ~~grant-date~~venture ~~fair~~agreement ~~value~~formalizing oftheir ~~the~~relationship ~~award~~under ~~(with~~the ~~limited~~India ~~exceptions)~~Joint Venture. ~~Incremental~~In ~~compensation~~doing ~~costs~~so, ~~arising~~the ~~from~~India ~~subsequent~~joint ~~modifications~~venture ofwould ~~awards~~serve ~~after~~ the ~~grant~~Global ~~date~~Distribution ~~must~~Platform beas ~~recognized.~~both ~~The Company has not adopted~~ a ~~stock~~medicinal ~~option~~cannabis ~~plan~~cultivation Participant and ~~has~~cannabinoid ~~not~~oil ~~granted~~production ~~any stock options~~Participant. AsThe atterm ~~November~~of ~~30, 2020~~ the ~~Company~~India ~~had~~joint ~~not~~venture ~~adopted~~was aagreed ~~stock~~at ~~option~~twenty‑five ~~plan~~(25) ~~nor~~years, ~~had~~with itamutual ~~granted~~option ~~any~~to ~~stock~~extend ~~options.~~the ~~Accordingly,~~India nojoint ~~stock-based~~venture ~~compensation~~for ~~has~~oneadditional ~~been~~twenty‑five ~~recorded~~(25) toyear ~~date~~term.

~~F-7~~The ~~Table~~India joint venture agreement provided Instadose Canada with exclusive rights to market and sell all of ~~Contents~~the medicinal cannabis and cannabinoid oil produced under the India joint venture with those net profits generated under the India joint venture to be shared fifty-five percent (55%) to Instadose Canada and forty-five percent (45%) to the India JV Partner.

~~MIKROCOZE INC. NOTES TO FINANCIAL STATEMENTS NOVEMBER 30, 2020~~____________

~~NOTE~~10 ~~2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)~~https://cannabisindustryjournal.com/feature_article/indias-cannabis-market-examining-regulatory-frameworks-then-now.

~~Recent~~11 ~~Accounting~~https://www.news18.com/news/buzz/after-uttarakhand-madhya-pradesh-is-now-planning-to-legalize-cannabis-in-the-state- ~~Pronouncements~~2395801.html

In12 ~~February 2016, the FASB issued ASU 2016-02 related to the accounting for leases~~https://www. ~~This pronouncement requires lessees to record most leases on their balance sheet, while expense recognition on the income statement remains similar to current lease accounting guidance~~news18. ~~The guidance also eliminates real estate~~com/news/buzz/after-~~specific provisions and modifies certain aspects of lessor accounting. Under the new guidance, lease classification as either a finance lease or an operating lease will determine how lease~~uttarakhand-~~related revenue and expense are recognized. The pronouncement~~ madhya-pradesh-is effective for the Company’s fiscal year beginning December 1, 2019, and for interim periods within that fiscal year. The adoption of this standard did not have an impact on the consolidated financial statements because leases are month-tonow-~~month and not material~~ planning-to -legalize-cannabis-in-the-state- ~~Company’s financial statements~~2395801.html

~~The~~13 ~~Company~~https:// ~~does not expect the adoption of any recent accounting pronouncements~~ timesofindia.indiatimes.com/city/shimla/himachal-pradesh-to-mull-policy-to-legalise-growing-cannabis-for-med-use/ ~~have a material impact on its financial statements~~articleshow/81360359.cms

~~NOTE~~14 3https://www.hilldickinson.com/insights/articles/cannabis-india-country-precipice-new-era-treatment ~~– COMMON STOCK~~

~~The~~17 ~~Company~~Table ~~is authorized to issue 500,000,000 common shares with a par value~~ of ~~$0.001 per share. No preferred shares have been authorized or issued. There were no issuances of common stock during the current period.~~Contents

~~Subsequent~~The toIndia ~~year~~joint ~~end,~~venture onagreement ~~December~~set ~~23,~~out ~~2020, Mikrocoze, Inc. (~~the ~~“Company”)~~roles ~~filed~~and aresponsibilities ~~Certificate~~ of ~~Amendment to its Articles of Incorporation (~~the ~~“Certificate~~parties ofunder ~~Amendment”) with~~ the ~~Secretary~~India ofJoint ~~State~~Venture, of the ~~State~~material ofterms ~~Nevada increasing the authorized shares~~ of ~~common~~which ~~stock,~~are ~~par~~as ~~value $0.001 to 500,000,000.~~follows:

~~NOTE~~Instadose 4Canada –Sanctum ~~RELATED~~• ~~PARTY~~Contribute ~~TRANSACTIONS~~its knowledge and expertise in India solely on the India joint venture. • Secure the India joint venture licenses starting with the Uttarakhand licences; and • Ensure continued compliance with all undertakings and responsibilities with respect to all of the India joint venture licenses. • Source and secure on behalf of the India joint venture: • Obtain legal ownership or registered leasehold interests in and to all India joint venture lands, starting with the Uttarakhand lands. (iii) all equipment required for processing medicinal cannabis and producing cannabinoid oil; (iv) all personnel required to set up, operate, and maintain operation of the India joint venture; and (v) GACP and EU‑GMP certification for all medicinal cannabis processing facilities and cannabinoid oil production facilities to be utilized by the India joint venture. • With Sanctum, operate the day‑to‑day activities of the India joint venture in India including, but not limited to daily operation of: • With respect to relationships with all responsible authorities in India: (ii) the India joint venture lands; (iii) Maintain the India joint venture’s good standing in India; and (iii) one or more medicinal cannabis processing facilities; and (iv) the cannabinoid oil production facilities. (iv) Serve as the India joint venture’s primary liaison with respect to all communications with responsible authorities relating to the India joint venture. • Contribute its pro rata share of the India joint venture’s funding obligations including, but not limited to, those costs required to: • Contribute its pro rata share of the India joint venture’s funding obligations including, but not limited to, those costs required to: (i) clear and cultivate the India joint venture lands; (iii) clear and cultivate the India joint venture lands; (ii) construct the medicinal cannabis processing facilities; (iv) construct the medicinal cannabis processing facilities; (iii) construct the cannabinoid oil production facility; (v) construct the cannabinoid oil production facility; (iv) employ personnel required to operate the India joint venture; and (vi) employ personnel required to operate the India joint venture; and (v) operate the day‑to‑day activities of the India joint venture. (vii) operate the day‑to‑day activities of the India joint venture. • With respect to the sale of medicinal cannabis and cannabinoid oil: • With Instadose Canada, operate the day‑to‑day activities of the India joint venture in India including, but not limited to daily operation of: (iii) Solicit supply agreements from pharmaceutical industry companies; (iii) the India joint venture lands; (iv) Collect revenues generated from pharmaceutical industry companies; and (iv) one or more medicinal cannabis processing facilities; and (v) Complete payment of the Sanctum net profit share. (v) one or more cannabinoid oil production facilities.

~~During~~18 ~~the~~Table ~~period ended November 30, 2020, an entity controlled by the former CEO paid expenses~~ of $26,091 on behalf of the Company and advanced the Company $330. The total amount owed to the former CEO, or entities controlled by the former CEO, as of November 30, 2020 was $82,085 (November 30, 2019 - $55,664). The amounts due to related parties are unsecured and non-interest-bearing with no set terms of repayment.Contents

~~NOTE~~IDP 5India –Operational ~~COMMITMENTS AND CONTINGENCIES~~Update

OnRegistration ~~August 26, 2018 the Company signed (renewed) its lease for office space in Chesapeake, Virginia. The term~~ of ~~the~~Instadose ~~lease~~Pharma isIndia ~~for~~Private ~~an automatic renewal on an annual basis at $79 per month.~~Limited

~~NOTE~~On 6–March ~~INCOME~~18, ~~TAXES~~2021, Instadose Pharma India Private Limited (“IDP India”) was registered in India as a private limited company under The Companies Act, 2013. Ownership of IDP India was registered fifty‑five percent (55%) in the name of Instadose Canada and forty‑five percent (45%) in the name of Sanctum. IDP India was established by Instadose Canada and Sanctum for the purpose of becoming the joint operating entity of the India joint venture responsible for receiving and holding (i) the India joint venture licenses, starting with the Uttarakhand license, and (ii) all legal ownership or leasehold interests in and over India JV Lands, starting with the Uttarakhand Lands.

AInitial ~~reconciliation~~Approval ~~of the provision~~ for ~~income~~medicinal ~~taxes~~cannabis ~~at the United States federal statutory rate compared to the Company’s income tax expense as reported is as follows:~~cultivation

	November 30, 2020			November 30, 2019
Net loss before income taxes per financial statements	$	(25,657	)	$	(23,273	)
Income tax rate		21	%		21	%
Income tax recovery		(5,388	)		(4,887	)
Non-deductible		--			--
Valuation allowance change		5,388			4,887
Provision for income taxes	$	–		$	–

In April 2021, IDP India commenced the process of securing the Uttarakhand licenses. On August 6, 2021, the District Magistrate of Haridwar, in the State of Uttarakhand granted IDP India with its initial approval for the cultivation of medicinal cannabis (with an initial maximum THC level not to exceed 0.3%) on up to five hundred (500) acres of Uttarakhand Lands. Today, IDP India is working to secure the Uttarakhand lands. Once secured, approval to commence the official cultivation of medicinal cannabis in India (as well as receipt of the Uttarakhand licenses) will be provided to IDP India.

~~The~~IV. ~~significant~~SOUTH ~~component of deferred income tax assets at November 30, 2020 and November 30, 2019, is as follows:~~AMERICA

	November 30, 2020			November 30, 2019
Net operating loss carry-forward	$	22,334		$	16,946
Valuation allowance		(22,334	)		(16,946	)
Net deferred income tax asset	$	–		$	–

Colombia

~~F-8~~In ~~Table~~December 2015, then Colombian President Juan Manuel Santos signed a decree legalizing and regulating medicinal cannabis15. Under the Colombia Decree, medicinal cannabis would become fully legal to grow, process, import, and export for medical and scientific purposes. The Colombia Decree allowed licenses to be granted for possession of ~~Contents~~seeds as well as medicinal cannabis plants16. On or about July 23, 2021, current Colombian President Ivan Duque executed a new decree legalizing the export of medicinal cannabis for medicinal and other industries17. In doing so, the Export Decree set the stage for Colombia to play a significant role in the international medicinal cannabis marketplace.

~~MIKROCOZE~~The ~~INC.~~Colombia ~~NOTES~~Joint ~~TO FINANCIAL STATEMENTS NOVEMBER 30, 2020~~Ventures

~~NOTE~~Instadose 6–Canada ~~INCOME~~is ~~TAXES~~actively ~~(continued)~~securing agreements with multiple third-party joint venture partners in Colombia to serve the Global Distribution Platform as the first medicinal cannabis cultivation Participants located in South America.

~~The~~Colombia ~~amount~~Joint ~~taken~~Venture ~~into income as deferred income tax assets must reflect that portion of the income tax loss carry forwards that is more likely-than-not to be realized from future operations~~No. The Company has chosen to provide a full valuation allowance against all available income tax loss carry forwards. The Company has recognized a valuation allowance for the deferred income tax asset since the Company cannot be assured that it is more likely than not that such benefit will be utilized in future years. The valuation allowance is reviewed annually. When circumstances change, and which cause a change in management's judgment about the realizability of deferred income tax assets, the impact of the change on the valuation allowance is generally reflected in current income.1

AsIn ofMay ~~November 30~~2021, ~~2020,~~Instadose Canada and ~~2019,~~representatives ~~the~~of ~~Company~~Instadose ~~has~~Canada’s nonew ~~unrecognized~~third-party ~~income~~joint ~~tax~~venture ~~benefits~~partner in Colombia (“Colombia JV Partner No. ~~The~~1”) ~~Company’s~~commenced ~~policy~~discussions ~~for~~on ~~classifying~~a ~~interest~~plan ~~and~~of ~~penalties~~joint ~~associated~~venture ~~with~~that ~~unrecognized~~would ~~income~~see ~~tax~~Colombia ~~benefits~~JV Partner No. 1 become an exclusive supplier to Instadose Canada of no less than one million kilograms (1,000,000 kg) of medicinal cannabis per year throughout the term of the Colombia joint venture (“Colombia Joint Venture No. 1”). Colombia JV Partner No. 1 is a Colombian company fully licensed in Colombia to ~~include~~cultivate ~~such~~and ~~items~~produce asmedicinal ~~tax~~cannabis ~~expense~~and its related derivatives18. Formed in July 2017, Colombia JV Partner No. ~~interest~~1 orsigned ~~penalties~~a ~~have~~Technical ~~been~~and ~~recorded~~Scientific ~~during~~Cooperation Agreement with the ~~year~~National ~~ended~~University ~~November~~of 30Colombia, ~~2020~~the ~~and~~most ~~2019~~important ~~and~~academic noinstitution ~~interest~~in orColombia19. ~~penalties~~Today, ~~have~~Colombia ~~been~~JV ~~accrued~~Partner asNo. of1 ~~November~~grows, 30cultivates, ~~2020~~and produces medicinal cannabis and ~~2019~~related derivatives at its two established Colombian production centers (the “Medicinal Cannabis Lands”). AsColombia ofJV ~~November~~Partner 30No. 1’s first production center is located in Guamo, ~~2020~~Tolima. ~~and~~Its ~~2019~~second production center is located in north Colombia in Ciénaga, Magdalena, in the ~~Company~~Sierra ~~did~~Nevada ~~not~~de ~~have~~Santa ~~any~~Marta. ~~amounts~~Both ~~recorded~~Medicinal ~~pertaining~~Cannabis toLands ~~uncertain~~are ~~tax~~located ~~positions~~in ideal microclimates for the agricultural development of medicinal cannabis20.

The tax years from 2016 and forward remain open to examination by federal and state authorities due to net operating loss and credit carryforwards. The Company is currently not under examination by the Internal Revenue Service or any other taxing authorities. These loss carry-forwards will begin to expire in 2036.____________

~~NOTE~~15 ~~7 – SUBSEQUENT EVENTS~~https://www.yahoo.com/news/colombia-legalizes-medical-marijuana-171023547.html?ref=gs

~~Subsequent~~16 ~~to the period, on December 7, 2020, Mikrocoze, Inc~~https://www. ~~(the “Company”), entered into a non~~yahoo.com/news/colombia-~~binding letter of intent (the “Letter of Intent”) with Instadose Pharma Corp~~legalizes-medical-marijuana-171023547. (“Instadose”) and holders of a majority of its outstanding shares (the “Shareholders”) for a potential transaction pursuant to which the Company would acquire 100% of the outstanding common shares of Instadose (the “Acquisition”) from the Shareholders in exchange for approximately 80% of the issued and outstanding shares of common stock of the Company following such exchange. html?ref=gs

~~The~~17 parties intend that the closing of the Acquisition occur no later than 90 days after the execution of the definitive transaction documents (the “Definitive Documents”), subject to extension by the partieshttps://www. ~~Closing of the Acquisition would be subject to a number of conditions, including but not limited to, approval of the Acquisition~~ reuters.com/world/americas/colombia-boosts-budding-cannabis-industry-by-removing-ban-dry-flower-exports- ~~the shareholders of the Company and Instadose, obtaining necessary third party approvals, and no material adverse change occurring in the Company or Instadose.~~ 2021-07-23/

~~The~~18 parties have agreed to an exclusivity period of ninety (90) days from the date of the Letter of Intent, during which negotiations leading to the execution of Definitive Agreement shall be undertaken in good faith and in a mutually exclusive manner and that neither party will circumvent the other during such negotiationshttp://www.cdmcolombia.co/en/inicio-english/

~~Subsequent~~19 ~~to the period on December 23, 2020, Mikrocoze, Inc~~http://www. (the “Company”) filed a Certificate of Amendment to its Articles of Incorporation (the “Certificate of Amendment”) with the Secretary of State of the State of Nevada increasing the authorized shares of common stock, par value $0cdmcolombia.~~001, to 500,000,000.~~co/en/inicio-english/

~~F-9~~20 ~~Table of Contents~~http://www.cdmcolombia.co/en/production-2/

~~ITEM~~19 9.Table ~~CHANGES~~of ~~IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISLCOSURES~~Contents

~~There~~On ~~have~~August ~~been~~5, no2021, ~~changes~~Instadose inCanada orand ~~disagreements~~Colombia ~~with~~JV ~~accountants~~Partner ~~regarding~~No. ~~our~~1 ~~accounting~~executed a joint venture agreement formalizing the scope of Colombia Joint Venture No. 1. Under Colombia JV Agreement No. 1, ~~financial~~details ~~disclosures~~surrounding all of the medicinal cannabis to be supplied by Colombia JV Partner No. 1 to one or ~~any~~more ~~other~~cannabinoid ~~matter~~oil production Participants shall be set forth in the supply agreements entered into between the applicable parties. Instadose Canada and Colombia JV Partner No. 1 agreed to an initial five (5) year term for the operation of Colombia Joint Venture No. 1 subject to the right of the parties (absent the existence of a default) to extend the initial term for up to four (4) additional five (5) year terms.

~~Item~~Colombia 9AJV Agreement No. ~~Controls~~1 also set out the roles and ~~Procedures~~responsibilities of the parties under Colombia Joint Venture No. 1, the material terms of which are as follows:

Evaluation of Disclosure Controls and Procedures

	Instadose Canada		Colombia JV Partner No. 1
•	Contribute its knowledge and expertise to Colombia Joint Venture No. 1.	•	Keep all medicinal cannabis licenses current and comply with all conditions of the medicinal cannabis licenses granted by the regulatory authorities in Colombia.
•	Provide Colombia JV Partner No. 2 with any of the specifications that it may require for medicinal cannabis to grown, cultivated, processed, packaged, and sold under Colombia Joint Venture No. 1.	•	Maintain ownership or a leasehold interest (as well as quiet enjoyment of) in and over the Medicinal Cannabis Lands.
•	Solicit supply agreements for medicinal cannabis from one or more cannabinoid oil production Participants.	•	Carry on the operation, management, and maintenance of its production facilities located on the Medicinal Cannabis Lands for the benefit of Colombia Joint Venture No. 1.
•	Solicit supply agreements for medicinal cannabis from pharmaceutical company buyers on behalf of cannabinoid oil production Participants.	•	Provide Instadose Canada with annual production forecasts (as well as any amendments thereto) for medicinal cannabis to be produced on the Medicinal Cannabis Lands.
•	Assist cannabinoid oil production Participants with obtaining the licenses, authorizations, and/or permits necessary to import medicinal cannabis from Colombia.	•	Use its commercially reasonable efforts to make available to Instadose Canada those quantities of medicinal cannabis set forth in the annual production forecasts provided to Instadose Canada.
•	Fund the costs as well as oversee the general logistics required to export medicinal cannabis from Colombia to applicable cannabinoid oil production Participants.	•	Adhere to all standard operating procedures for the production of medicinal cannabis as are determined between Instadose Canada and Colombia JV Partner No. 1.
•	Guarantee prompt payment of the purchase price due and owing to Colombia JV Partner No. 1 for all medicinal cannabis supplied to cannabinoid oil production Participants under Colombia Joint Venture No. 1.	•	Ensure that all medicinal cannabis is grown, cultivated, collected, processed, packaged, and stored in accordance with applicable GACP Guidelines.
		•	Work with Instadose Canada to secure the licenses necessary to export all medicinal cannabis cultivated under Colombia Joint Venture No. 1 from Colombia to one or more cannabinoid oil production Participants.

~~Disclosure~~20 ~~controls~~Table ~~and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Securities Exchange Act~~ of 1934 is recorded, processed, summarized and reported, within the time period specified in the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed or submitted under the Securities Exchange Act of 1934 is accumulated and communicated to management including our principal executive officer and principal financial officer as appropriate, to allow timely decisions regarding required disclosure.Contents

InColombia ~~connection~~Joint ~~with~~Venture this annual report, as required by Rule 13a -15d and 15d-15e under the Securities Exchange Act of 1934, we have carried out an evaluation of the effectiveness of the design and operation of our company’s disclosure controls and proceduresNo. This evaluation was carried out under the supervision and with the participation of our company’s management, including our company’s principal executive officer and principal financial officer. Based upon that evaluation, our company’s principal executive officer and principal financial officer concluded that as of November 30, 2020 our disclosure controls and procedures were not effective due to the existence of material weaknesses in our internal controls over financial reporting.2

13In ~~Table~~October 2021, Instadose Canada and representatives of ~~Contents~~a second joint venture partner in Colombia (“Colombia JV Partner No. 2”) commenced discussions on a plan of joint venture that would see Colombia JV Partner No. 2 become another exclusive supplier of medicinal cannabis and related derivatives to Instadose Canada in Colombia (“Colombia Joint Venture No. 2”). Colombia JV Partner No. 2 is a Colombian company fully licensed in Colombia to cultivate and produce medicinal cannabis and its related derivatives. Today, Colombia JV Partner No. 2 grows, cultivates, and produces medicinal cannabis and related derivatives across multiple regions in Colombia which include Risaralda, Tolima, Antioquia, Huila, Caldas, and Cundinamarca.

~~Management’s~~On ~~Annual~~October ~~Report~~15, 2021, Instadose Canada and Colombia JV Partner No. 2 executed a joint venture agreement formalizing the scope of Colombia Joint Venture No. 2. Under Colombia JV Agreement No. 2, details surrounding all of the medicinal cannabis to be supplied by Colombia JV Partner No. 2 to one or more cannabinoid oil production Participants shall be set forth in the supply agreements entered into between the applicable parties. Instadose Canada and Colombia JV Partner No. 2 agreed to an initial five (5) year term for the operation of Colombia Joint Venture No. 2 subject to the right of the parties (absent the existence of a default) to extend the initial term for up to four (4) additional five (5) year terms. Under Colombia JV Agreement No. 2, Colombia JV Partner No. 2 agreed to provide Instadose Canada with medicinal cannabis and related derivatives on ~~Internal~~an ~~Control~~exclusive ~~Over~~basis ~~Financial~~conditional ~~Reporting~~upon Instadose Canada cannabinoid oil production Participants meeting minimal purchasing quotas. In exchange for production exclusivity, Instadose Canada agreed to work with Colombia JV Partner No. 2 within the production regions on an exclusive basis conditional upon Colombia JV Partner No. 2 satisfying certain minimal production quotas. The general roles and responsibilities of the parties under Colombia Joint Venture No. 2 are substantially similar to those set forth in Colombia Joint Venture No. 1.

~~Our~~Colombia ~~management~~Operational is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Securities Exchange Act of 1934 as a process designed by, or under the supervision of, the Company’s Principal Executive and Principal Financial officer and effected by the Company’s board of directors, management and other personnel to provide reasonable assurance regarding the reliability of our financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America and includes those policies and procedures that:Update

1.Executed ~~Pertains~~Supply toAgreement ~~the~~for maintenance of records that in reasonable detail accurately and fairly reflect our transactions and disposition of assets; 2. Provide reasonable assurance that transactions are recorded as necessary to permit preparation of our financial statements in accordance with accounting principles generally accepted in the United States of America and receipts and expenditures are being made in accordance with authorizations of management and directors; and 3. Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition100,000 ~~use~~Kilograms ~~or disposition~~ of ~~company~~Medicinal ~~assets that could have a material effect on our financial statements.~~Cannabis

~~Management~~On ~~assessed~~August ~~the~~26, ~~effectiveness~~2021, ofIDP ~~the~~Macedonia ~~Company’s~~entered ~~internal~~into ~~control~~a ~~over~~supply ~~financial~~agreement ~~reporting~~with ~~based on~~ the ~~criteria~~Colombia ~~for~~partner ~~effective~~governing ~~internal control over financial reporting established in SEC guidance on conducting such assessments as of~~ the ~~end~~supply of the ~~period~~first ~~covered~~100,000 bykilograms ~~this~~of ~~report.~~medicinal ~~Management~~cannabis ~~conducted~~to ~~the~~IDP ~~assessment~~Macedonia ~~based~~under ~~on certain criteria established in Internal Control - Integrated Framework issued by~~ the ~~Committee~~Colombia ofjoint ~~Sponsoring~~venture. ~~Organizations~~Delivery of the ~~Treadway~~Colombia ~~Commission~~cannabis ininto ~~2013.~~North AsMacedonia ofis ~~November~~presently ~~30,~~scheduled ~~2020, management determined material weaknesses existed related~~ to ~~our~~take ~~internal~~place ~~control~~in ~~over~~and ~~financial~~around ~~reporting~~June as1, ~~discussed below~~2022.

The matters involving internal controls and procedures that the Company’s management considered to be material weaknesses under the standards of the Public Company Accounting Oversight Board were: (1) lack of a functioning audit committee and lack of a majority of outside directors on the Company’s board of directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures; (2) inadequate segregation of duties consistent with control objectives; (3) insufficient written policies and procedures for accounting and financial reporting with respect to the requirements and application of US GAAP and SEC disclosure requirements; and (4) ineffective controls over period end financial disclosure and reporting processesV. ~~Due~~NORTH ~~to these material weaknesses management concluded that our internal control over financial reporting was not effective as of November 30, 2020.~~AMERICA

~~Material~~1. ~~Weakness Discussion and Remediation~~Mexico

~~Management~~On ~~believes~~January ~~that~~12, ~~the~~2021, ~~material~~Mexico’s ~~weaknesses~~Ministry ~~set~~of ~~forth~~Health published in ~~items~~the ~~(2)~~federation’s Official Gazette new federal Health Regulations for the Medical Production, ~~(3)~~Research and ~~(4)~~Use ~~above~~of ~~did~~Medicinal ~~not~~Cannabis and its pharmaceutical derivatives which have annow ~~effect~~taken onaffect21. The main objectives of the ~~Company’s~~Medicinal ~~previous~~Cannabis ~~reported~~Laws ~~financial~~were ~~results.~~to ~~However~~authorize, ~~management~~regulate, ~~believes~~control, ~~that~~promote and oversee the ~~lack~~medicinal and therapeutic use of acannabis’ ~~functioning~~raw ~~audit~~materials, ~~committee~~pharmaceutical derivatives, and ~~lack~~drugs. ofThis aincluded ~~majority~~the related activities of ~~outside~~research, ~~directors~~production, onmanufacturing, ~~the~~importation, ~~Company’s~~exportation, ~~board~~sale, and prescription of ~~directors,~~such ~~resulting~~medicinal incannabis ~~ineffective~~products ~~oversight~~for medicinal and therapeutic use in ~~the~~Mexico22. ~~establishment~~These ~~and~~new ~~monitoring~~Medicinal ofCannabis ~~required~~Laws ~~internal~~have ~~controls~~come ~~and~~nearly ~~procedures~~four ~~can~~(4) ~~result~~years inafter ~~the~~former ~~Company~~Mexican President Enrique Pēna Nieto’s ~~determination~~official tolegalization ~~its~~of ~~financial~~medicinal ~~statements~~cannabis ~~for~~in ~~the~~June ~~future periods~~201723.

~~14 Table of Contents~~____________

We21 ~~are committed to improving our financial organization~~https://mexiconewsdaily. ~~As part of this commitment, we~~ com/news/medical-marijuana-will create a position to segregate duties consistent with control objectives and will increase our personnel resources and technical accounting expertise within the accounting function when funds are available to the Company: i) Appointing one or more outside directors to our board of directors who shall -be ~~appointed to the audit committee~~ -legal-as-of the Company resulting in a fully functioning audit committee who will undertake the oversight in the establishment and monitoring of required internal controls and procedures; and ii) Preparing and implementing sufficient written policies and checklists which will set forth procedures for accounting and financial reporting with respect to the requirements and application of US GAAP and SEC disclosure requirements.-wednesday/

~~Management~~22 believes that the appointment of one or more outside directors, who shall be appointed to a fully functioning audit committee, will remedy the lack of a functioning audit committee and a lack of a majority of outside directors on the Company’s Boardhttps://www. In addition, management believes that preparing and implementing sufficient written policies and checklists will remedy the following material weaknesses (i) insufficient written policies and procedures for accounting and financial reporting with respect to the requirements and application of US GAAP and SEC disclosure requirements; and (ii) ineffective controls over period end financial close and reporting processesjdsupra. Further, management believes that the hiring of additional personnel who have the technical expertise and knowledge will result proper segregation of duties and provide more checks and balances within the department. Additional personnel will also provide the cross training needed to support the Company if personnel turn over issues within the department occur. This coupled com/legalnews/mexico-moves-forward-with ~~the appointment of additional outside directors will greatly decrease any control and procedure issues the company may encounter in the future.~~-legalization-9869339/

We23 ~~will~~Janikian, ~~continue~~Michelle to(14 ~~monitor~~September ~~and~~2017). ~~evaluate~~“Legal ~~the~~Pot ~~effectiveness~~in ofMexico: ~~our~~Everything ~~internal~~You ~~controls~~Need ~~and procedures and our internal controls over financial reporting on an ongoing basis and are committed~~ to ~~taking~~Know”. ~~further~~Rolling ~~action and implementing additional enhancements or improvements, as necessary and as funds allow~~Stone.

~~This~~21 ~~annual~~Table ~~report does not include an attestation report~~ of the company’s registered public accounting firm regarding internal control over financial reporting. Management’s report was not subject to attestation by the company’s registered public accounting firm pursuant to temporary rules of the Securities and Exchange Commission that permit the Company to provide only management’s report in this annual report.Contents

~~Changes~~The inMexico ~~Internal Control Over Financial Reporting~~Project

~~There~~In ~~have~~April ~~been~~2021, noInstadose ~~changes~~Canada inand ~~our~~representatives ~~internal~~of ~~control~~Instadose ~~over~~Canada’s ~~financial~~new ~~reporting~~third‑party ~~identified~~partner in ~~connection~~Mexico ~~with~~commenced ~~the~~discussions ~~evaluation~~on ~~required~~a byplan ~~paragraph (d)~~ of ~~Rules~~joint ~~13a-15~~venture/partnership orthat ~~15d-15~~would ~~under~~see the ~~Exchange~~parties ~~Act~~work ~~that~~together ~~occurred~~in ~~during~~Mexico for the ~~small~~purposes ~~business~~of ~~issuer’s~~(i) ~~last~~growing, ~~fiscal~~processing, ~~year~~purchasing, ~~that~~exporting, ~~has~~and ~~materially~~selling ~~affected~~medicinal cannabis, orand is(ii) ~~reasonably~~utilizing ~~likely~~medicinal cannabis to ~~materially~~produce, ~~affect~~export, ~~our~~and ~~internal~~sell ~~control~~cannabinoid ~~over financial reporting~~oil.

~~ITEM~~On ~~9B.~~July ~~OTHER~~29, ~~INFORMATION~~2021, Instadose Canada and its Mexico partner executed a letter agreement formalizing the scope of the Mexico project which included the parties working together in Mexico to do the following:

~~None~~i. incorporate or acquire a legal entity in Mexico (“IDP Mexico”) to be legally owned equally by the parties; ii. acquire the agricultural lands to be utilized by the Mexico project for the purpose of growing, cultivating, processing, producing, packaging, bottling and/or storing medicinal cannabis and cannabinoid oil in Mexico; iii. acquire and secure the government-issued licenses, permits, and authorizations required in Mexico to, among other things:

15a) ~~Table~~grow, ofcultivate, ~~Contents~~collect, transport, process, produce, purchase, package, bottle, and/or store medicinal cannabis and cannabinoid oil; b) export and sell medicinal cannabis and cannabinoid oil; and c) operate the Mexico project for commercial purposes.

~~PART~~iv. ~~III~~utilize Instadose Canada’s knowledge and expertise

~~ITEM~~a) ~~10.~~to ~~DIRECTORS,~~construct ~~EXECUTIVE~~or ~~OFFICERS AND CORPORATE GOVERNANCE~~purchase:

~~Our~~· ~~executive~~one ~~officers~~or more greenhouses; · the medicinal cannabis drying, processing, packaging, labelling, and ~~director~~storage ~~are~~facilities; asand ~~follows:~~· the cannabinoid oil production, bottling, and storage facilities.

Name	Age	Position
Terry Wilshire	64	President, Chief Executive Officer, Secretary, Treasurer, Chief Financial Officer , Treasurer, Secretary and Director
Robert Dickenson	65	Vice-President and Director.

		b)	purchase and import equipment to be used at the Mexico facilities for the purpose of growing, cultivating, collecting, transporting, processing, producing, packaging, bottling, and storing medicinal cannabis and cannabinoid oil;
		c)	grow and cultivate medicinal cannabis on the Mexico lands or purchase medicinal cannabis from local farmers; and
		d)	utilize the Mexico equipment to process, produce, package and/or bottle medicinal cannabis and cannabinoid oil at the Mexico facilities.

~~Business~~v. ~~Experience~~solicit purchasers to complete the sale of all medicinal cannabis and cannabinoid oil produced or purchased under the Mexico project; and vi. Equally share in the gross revenues generated by Instadose Canada Mexico from the sale of medicinal cannabis and cannabinoid oil under the Mexico project.

OnInstadose ~~October~~Canada ~~9, 2020, the existing director~~ and ~~officer~~its ofMexico ~~the~~partner ~~Company~~agreed ~~resigned~~to ~~effective immediately. Accordingly, Sukhmanjit Singh, serving as a director and~~ an ~~officer,~~initial ~~ceased~~five to(5) beyear ~~the~~term ~~Company’s~~for ~~Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary and a Director. At~~ the ~~effective~~operation ~~date~~ of the ~~resignation,~~Mexico ~~Mr.~~project ~~Terry~~subject ~~Wilshire consented~~ to ~~act as~~ the ~~new~~right ~~President and Member~~ of the ~~Board~~parties of(absent ~~Directors of~~ the ~~Company~~existence ~~and~~of ~~Robert~~a ~~Dickenson~~default) ~~consented~~ to ~~act~~extend as the ~~new~~initial ~~Vice~~term ~~President~~for ~~and~~up ~~Member~~to offour ~~the~~(4) ~~Board~~additional offive ~~Directors~~(5) ofyear ~~the Company~~terms. ~~(Refer 8-K filed on November 6, 2020)~~

~~Terry~~22 ~~Wilshire~~Table is currently responsible for Global Risk assessment and Corporate Social Responsibility at Instadose Pharm Corp. Mr. Wilshire has over 40 years’ experience in Enterprise Risk analysis, management and design, Fraud mitigation, Big Data, Customer/Vendor and Market strategies. Most recently, Mr. Wilshire served as Director at TransUnion of Canada for 25 years and was designated the only Industry Expert in North America. Prior to that he held roles of increasing responsibility at Dun and Bradstreet for 15 years including Regional Director. He has served and chaired many different industry boards. Mr. Wilshire holds a bachelor’s degree from the University of Manitoba and has achieved numerous accomplishments/ awards over the years in Risk and Fraud Guardianship, Marketing, Credit, Identity Management, Risk based pricing solutions, Revenue over-achievement and background screening.Contents

~~Robert~~The ~~Dickenson~~Mexico isletter ~~the~~agreement ~~co-founder~~also ~~and~~set ~~president~~out of the ~~Canadian~~roles ~~Auto~~and ~~Auction~~responsibilities ~~Group, now ADESA Canada. He built a successful chain~~ of ~~10 standalone state-of-~~the~~-art~~ ~~facilities~~parties ~~amid~~under ~~hundreds of acres of surrounding land across Canada and in~~ the ~~United~~Mexico ~~States. His clients in this enterprise~~project, ~~known as~~ the ~~stock~~material ~~exchange~~terms of ~~the~~which ~~auto~~are ~~industry,~~as included automobile manufacturers, captive finance, financial institutions, and automobile dealers. Robert Dickenson is an award-winning auctioneer of standardbred racehorses, automobiles, and other highly valued commodities. His keen judgement and sense of fairness render him an asset in any negotiation or business transaction.follows:

~~Director~~Instadose ~~Independence~~Canada Mexico Partner • Source the Mexico equipment. • Secure the Mexico lands. • Establish and implement those GACP Guidelines to be followed by IDP Mexico for growing, cultivating, collecting, processing, and packaging medicinal cannabis. • Obtain the Mexico licenses. • Assist the Mexico partner in applying for and obtaining local GMP and EU‑GMP certification for the Mexico equipment and Mexico facilities. • Establish and implement those standard operating procedures required to be followed by IDP Mexico for operating the Mexico project and producing medicinal cannabis and cannabinoid oil. • Solicit supply agreements from pharmaceutical buyers for medicinal cannabis and cannabinoid oil produced under the Mexico project. • Contribute the following in connection with the Mexico project: • Contribute the following connection with the Mexico project: i. its equal share of funding required to satisfy the agreed upon initial Mexico project budget; (i) Its equal share of funding required to satisfy the agreed upon initial Mexico project budget; ii. its equal share of funding required to carry on the day-to-day operation of the Mexico project; and (ii) Its equal share of funding required to carry on the day-to-day operation of the Mexico project; and iii. its equal share of any and all losses generated by IDP Mexico. (iii) Its equal share of any and all losses generated by IDP Mexico. • Work with the Mexico partner to prepare and finalize: • Work with the Instadose Canada to prepare and finalize: (i) The Mexico project plan and initial budget; (i) The Mexico project plan and initial t budget; (ii) All annual forecasts and budgets; and (ii) All annual forecasts and budgets; and (iii) All general reporting requirements. All general reporting requirements. • Work with the Mexico partner to undertake Instadose Canada Mexico’s: • Work with Instadose Canada to undertake IDP Mexico’s: (i) operation, management, and maintenance of the Mexico project, including the Mexico equipment, Mexico facilities, and Mexico lands; and (i) operation, management, and maintenance of the Mexico project, including the Mexico equipment, Mexico facilities, and Mexico lands; and (ii) employment and training of all employees or other personnel. (ii) employment and training of all employees or other personnel.

~~Our~~23 ~~board~~Table of directors is currently composed of two members, Mr. Wilshire and Mr. Dickenson, do not qualify as an independent director in accordance with the published listing requirements of the NASDAQ Global Market. The NASDAQ independence definition includes a series of objective tests, such as that the director is not, and has not been for at least three years, one of our employees and that neither the director, nor any of his family members has engaged in various types of business dealings with us. In addition, our board of directors has not made a subjective determination as to each director that no relationships exists which, in the opinion of our board of directors, would interfere with the exercise of independent judgment in carrying out the responsibilities of a director, though such subjective determination is required by the NASDAQ rules. Had our board of directors made these determinations, our board of directors would have reviewed and discussed information provided by the directors and us with regard to each director’s business and personal activities and relationships as they may relate to us and our management.Contents

16Mexico ~~Table~~Project ofOperational ~~Contents~~Update

~~Involvement~~Planned inImport ~~Legal~~of ~~Proceedings~~Medicinal Cannabis into North Macedonia

ToInstadose ~~our~~Canada ~~knowledge,~~anticipates ~~there~~being ~~have~~able ~~been~~to noimport ~~material~~medicinal ~~legal~~cannabis ~~proceedings~~into ~~during~~North ~~the~~Macedonia ~~last ten years that would require disclosure~~ under the ~~federal~~Mexico ~~securities~~project ~~laws~~prior ~~that are material~~ to anDecember ~~evaluation~~31, ~~of the ability or integrity of any of our directors or executive officers~~2022.

~~Potential~~(2) ~~Conflicts of Interest~~Canada

WeThe ~~are~~Health ~~not~~Canada ~~aware of any current or potential conflicts of interest with Mr. Wilshire or Mr. Dickenson, other business interests and their involvement with Mikrocoze Inc.~~Licenses

~~ITEM~~On 11September 4, 2020, Health Canada issued the Cultivation License to Maribec. ~~EXECUTIVE~~The ~~COMPENSATION~~Cultivation License is valid for three (3) years expiring on September 4, 2023. On October 2, 2020, Maribec submitted an application with Health Canada’s Cannabis Licensing and Security Division for a processing license under the Cannabis Regulations. The processing license was granted on February 25, 2021 and expires on September 4, 2023.

~~Summary~~The ~~Compensation~~Option ~~Table~~Notice

~~Mikrocoze~~On ~~Inc.~~March 11, ~~has~~2021, ~~made~~Instadose noCanada ~~provisions~~delivered ~~for~~the ~~paying~~Option ~~cash~~Notice orto ~~non-cash~~Mr. Ste. ~~compensation~~Marie. Instadose Canada will now commence the process of obtaining all the Health Canada Approvals required in order to ~~its~~complete ~~sole~~the ~~officer~~repurchase ~~and~~of ~~director~~Maribec. NoInstadose ~~salaries~~Canada ~~are~~cannot ~~being~~guarantee ~~paid~~the atamount of time it may take to complete the ~~present~~repurchase ~~time~~of Maribec. This said, ~~and~~Instadose ~~none~~Canada ~~will~~endeavors beto ~~paid~~utilize ~~unless~~all ~~and~~commercially ~~until~~reasonable ~~our~~efforts ~~operations~~to ~~generate~~complete ~~sufficient~~the ~~cash~~repurchase ~~flows~~of Maribec as soon as reasonably practicable.

~~The~~While ~~table~~Instadose ~~below~~Canada’s ~~summarizes~~present ~~all~~business ~~compensation~~model ~~awarded~~affords minimal attention to, ~~earned~~its bymedicinal cannabis operations in Canada, orInstadose ~~paid~~Canada tois ~~our~~of ~~named~~the ~~executive~~view ~~officer~~that ~~for~~the ~~all~~Canadian ~~services~~government ~~rendered~~will at some point in ~~all~~the ~~capacities~~future topermit usthe ~~for~~authorized ~~years~~import ~~ended~~of ~~November~~medicinal 30cannabis into Canada from licensed producers of medicinal cannabis located in and from Africa, ~~2020~~Europe, Asia, South America, and ~~November~~North 30America. When permissible to do, ~~2019~~Instadose Canada anticipates that it will be in a relatively strong position to access significant amounts of medicinal cannabis for import into Canada.

~~Summary~~Agreement ~~Compensation~~with ofStellar ~~Named Executive Officers~~Media

Name and Principal Position	Fiscal Year	Salary ($)		Bonus ($)		Stock Awards ($)		Option Awards ($)		All Other Compensation ($)		Total ($)
			-		-		-		-		-		0
Sukhmanjit Singh*	2019		-		-		-		-		-		0
Former President, Chief Executive Officer, Secretary, Treasurer	2020		-		-		-		-		-		0
Terry Wilshire President, Chief Executive Officer, Secretary, Treasurer, Chief Financial Officer, Treasurer, Secretary, Director	2020		-		-		-		-		-		0
Robert Dickenson Vice-President, Directors	2020		-		-		-		-		-		0

In anticipation of the closing of the Plan of Arrangement with Instadose Canada, the Company entered into an agreement with Stellar Media commencing on September 30, 2021 to provide certain advertising management services. The agreement did not include any specific termination terms. Stellar Media received a one-time fee of $300,000 by a third party to initiate services performed by Stellar Media. Thereafter, the Company will pay a monthly management fee in consideration of the advertising management services on a sliding rate. The monthly fees range from 2.00% to 12.50% based on total actual media spent for that month. The greater the total actual media spent for the month, the lower the percentage of management fee due to Stellar Media.

~~Outstanding~~ITEM ~~Equity~~1A. ~~Awards~~RISK ~~at Fiscal Year End~~FACTORS

WeThe ~~did~~following ~~not~~is ~~pay~~a ~~any~~summary ~~salaries~~of incertain ~~2020~~risk orfactors ~~2019.~~relating ~~None~~to the activities of ~~our~~the ~~executive~~Company ~~officers~~and ~~received~~its ~~any~~subsidiaries ~~equity~~and ~~awards,~~the ~~including,~~ownership ~~options,~~of ~~restricted~~the ~~stock,~~Company’s ~~performance~~securities. ~~awards~~The orrisks ~~other~~and ~~equity~~uncertainties ~~incentives~~described ~~during~~below are those the ~~fiscal~~Company ~~year~~currently ~~ended~~believe ~~November~~to 30be material, ~~2020~~but ~~and~~they ~~November~~are ~~30,~~not ~~2019~~the ~~for~~only ~~Mikrocoze~~ones ~~Inc~~the Company faces.

*On24 ~~October~~Table ~~9, 2020, the existing director and officer~~ of the Company resigned effective immediately. Accordingly, Sukhmanjit Singh, serving as a director and an officer, ceased to be the Company’s Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary and a Director. At the effective date of the resignation, Mr. Terry Wilshire consented to act as the new President and Member of the Board of Directors of the Company and Robert Dickenson consented to act as the new Vice President and Member of the Board of Directors of the Company. (Refer 8-K filed on November 6, 2020)Contents

~~Employment~~Risks ~~Contracts~~Generally Related to the Company

~~At this time, Mikrocoze has not entered into any employment agreements with its officers and directors~~1. IfMarket ~~there~~Risks isfor ~~sufficient cash flow available from our future operations, the company may enter into employment agreements with our sole officer and director or future key staff members.~~Securities

17Volatility ~~Table~~in the price of ~~Contents~~the Company’s shares could cause our shareholders to lose all or part of their investment because they may not be able to our shares at or above the price they paid. Factors that could cause fluctuations in the market price of the our shares include the following:

~~Stock~~· ~~Awards~~price ~~Plan~~and volume fluctuations in the overall stock market from time to time: · volatility in the market prices and trading volumes of stocks of companies that are involved in the same industry as the Company; · changes in operating performance and stock market valuations of other companies that are involved in the same industry as the Company; · sales of our shares by our shareholders; · announcements by our competitors regarding new products or services; · the public’s reaction to our news releases, other public announcements, and filings with securities commissions; · rumours and market speculation involving the Company or other companies in our industry; · actual or anticipated changes in our operating results or fluctuations in our operating results; · actual or anticipated developments in our business, or that of its competitors or the competitive landscape generally; · litigation involving the Company, its industry or both, or investigations by regulatory into our operations or those of its competitors; · developments or disputes concerning our intellectual property or other proprietary rights; · announced or completed acquisitions of businesses or technologies by the Company or its competitors; · new laws or regulations or new interpretations of existing laws or regulations applicable to our business; · changes in accounting standards, policies, guidelines, interpretations, or principles; · any significant changes in our management; and · general economic conditions and slow or negative growth of the Company’s markets.

2. The ~~company~~Company ~~has~~is ~~not adopted~~ a ~~Stock~~development ~~Awards~~stage ~~Plan,~~company ~~but~~and ~~may~~we docannot soassure ~~in the future. The terms of any such plan have not been determined.~~profitability

~~Director~~Our ~~Compensation~~lack of operating history makes it difficult for investors to evaluate our prospects for success. Prospective investors should consider the risks and difficulties we might encounter, since there is no assurance that it will be successful. Any likelihood of success must be considered considering our relative early stage of operations.

~~The~~As ~~Board~~we ofhave ~~Directors~~only ofjust ~~the~~begun ~~Company has not adopted a stock option plan. The company has no plans~~ to ~~adopt~~generate revenue, it ~~but may choose to do so in the future. If such a plan~~ is ~~adopted,~~extremely ~~this~~difficult ~~may be administered by the board or a committee appointed by the board (the “Committee”). The committee would have the power~~ to ~~modify,~~make ~~extend~~accurate orpredictions ~~renew outstanding options~~ and toforecasts ~~authorize the grant~~ of ~~new~~our ~~options~~finances. inThere ~~substitution~~is ~~therefore,~~no ~~provided~~guarantee that ~~any~~our ~~such~~products ~~action~~or ~~may~~services ~~not~~will ~~impair~~be ~~any~~attractive ~~rights under any option previously granted. Mikroze may develop an incentive based stock option plan for its officers and directors and may reserve up~~ to ~~10%~~potential ~~of its outstanding shares of common stock for that purpose~~consumers.

~~The~~3. ~~table~~Our ~~below~~actual ~~summarizes~~financial ~~all~~position ~~compensation~~and ~~awarded~~results ~~to,~~of ~~earned~~operations ~~by,~~may ordiffer ~~paid~~materially tofrom ~~our directors for all services rendered in all capacities to us for~~ the ~~years~~expectations ~~ended~~of ~~November 30, 2020 and November 30, 2019.~~management

DIRECTOR COMPENSATION
Name	Fees Earned or Paid in Cash ($)		Stock Awards ($)		Option Awards ($)		Non-Equity Incentive Plan Compensation ($)		Non-Qualified Deferred Compensation Earnings ($)		All Other Compensation ($)		Total ($)
Sukhmanjit Singh (former)*		0		0		0		0		0		0		0
Terry Wilshire		0		0		0		0		0		0		0
Robert Dickenson		0		0		0		0		0		0		0

Our actual financial position and results of operations may differ materially from management’s expectations. As a result, the Company’s revenue, net income and cash flow may differ materially from the Company’s projected revenue, net income, and cash flow. The process for estimating the Company’s revenue, net income and cash flow requires the use of judgment in determining the appropriate assumptions and estimates. These estimates and assumptions may be revised as additional information becomes available and as additional analyses are performed. In addition, the assumptions used in planning may not prove to be accurate, and other factors may affect The Company’s financial condition or results of operations.

~~Board~~4. ~~Committees~~There is no assurance that the Company will turn a profit or pay dividends

WeThe ~~have~~Company ~~not~~has ~~formed~~limited anhistory ~~Audit~~of ~~Committee~~earnings, ~~Compensation~~limited ~~Committee~~cash orreserves, ~~Nominating~~a ~~and~~limited ~~Corporate~~operating ~~Governance~~history, ~~Committee~~has asnot ofpaid ~~the~~dividends, ~~filing~~and ofis ~~this~~unlikely ~~Annual~~to ~~Report.~~pay ~~Our~~dividends ~~Board~~in ofthe ~~Directors~~immediate ~~performs~~or ~~the~~near ~~principal~~future. ~~functions~~The ofCompany anhas ~~Audit~~a ~~Committee.~~history Weof ~~currently~~operating dolosses ~~not~~and ~~have~~may annot ~~audit~~achieve ~~committee~~or ~~financial~~sustain ~~expert~~profitability. onThe ~~our~~Company ~~Board~~cannot ofguarantee ~~Directors.~~shareholders Wethat ~~believe~~it ~~that~~will anbecome ~~audit~~profitable, ~~committee~~and ~~financial~~even ~~expert~~if isthe ~~not~~Company ~~required~~achieves ~~because~~profitability, given the ~~cost~~competitive ofand ~~hiring~~evolving annature ~~audit~~of ~~committee~~the ~~financial~~industry ~~expert~~in towhich ~~act~~it asoperates, ~~one~~the ofCompany ~~our~~may ~~directors~~not ~~and~~be able to besustain aor ~~member~~increase ofprofitability anand ~~Audit~~its ~~Committee~~failure ~~outweighs~~to ~~the~~do ~~benefits~~so ofcould ~~having~~adversely anaffect ~~audit~~the ~~committee~~Company’s ~~financial~~business, ~~expert~~including atits ~~this~~ability ~~time~~to raise additional funds.

*OnThere ~~October~~can 9,be ~~2020,~~no ~~the~~assurance ~~existing~~that ~~director~~the ~~and~~Company ~~officer~~will ofbe ~~the~~profitable ~~Company~~or ~~resigned~~pay ~~effective immediately~~dividends. ~~Accordingly,~~The ~~Sukhmanjit~~payment ~~Singh,~~and ~~serving~~amount asof aany ~~director~~future ~~and~~dividends anwill ~~officer~~depend on, ~~ceased~~among toother bethings, the Company’s ~~Chief~~results ~~Executive~~of ~~Officer~~operations, ~~Chief~~cash ~~Financial Officer~~flow, ~~President,~~financial ~~Treasurer~~condition, ~~Secretary~~ and aoperating ~~Director.~~and Atcapital ~~the effective date of the resignation, Mr~~requirements. ~~Terry~~There ~~Wilshire~~is ~~consented~~no toassurance ~~act~~that asfuture ~~the~~dividends ~~new~~will ~~President~~be paid, and, ~~Member~~if ofdividends ~~the~~are ~~Board~~paid, ofthere ~~Directors~~is ofno ~~the~~assurance ~~Company~~with ~~and~~respect ~~Robert Dickenson consented~~ to ~~act as~~ the ~~new~~amount ~~Vice President and Member~~ of ~~the~~any ~~Board~~such ~~of Directors of the Company~~dividends. ~~(Refer 8-K filed on November 6, 2020)~~

1825 Table of Contents

~~ITEM 12~~5. ~~SECURITY~~There ~~OWNERSHIP~~are OFfactors ~~CERTAIN~~which ~~BENEFICIAL~~may ~~OWNERS~~prevent ~~AND~~the ~~MANAGEMENT~~Company ~~AND~~from ~~RELATED~~the ~~STOCKHOLDER~~realization ~~MATTERS~~of growth targets

The ~~following~~Company ~~table~~is ~~sets~~currently ~~forth~~expanding ~~certain~~from ~~information~~its ~~with~~early ~~respect~~development tostage. ~~the~~The ~~beneficial~~Company’s ~~ownership~~growth ofstrategy ~~our~~contemplates ~~voting~~continuing ~~securities~~development byof ~~(i)~~its ~~each~~Global ~~director~~Distribution Platform and ~~named~~the ~~executive~~Industry ~~officer,~~Gateway. ~~(ii)~~There ~~all~~is ~~executive~~a ~~officers~~risk ~~and~~that ~~directors~~the asdevelopment aof ~~group;~~these ~~and~~platforms ~~(iii)~~will ~~each~~not ~~shareholder~~be ~~known~~achieved toon betime, ~~the~~on ~~beneficial~~budget, ~~owner~~or ofat 5%all, oras ~~more~~they ofcan ~~the~~be ~~outstanding~~adversely ~~common~~affected ~~stock~~by a variety of ~~the~~factors, ~~Company~~including assome ofthat ~~November~~are ~~30,~~discussed ~~2020.~~elsewhere in these “Risk Factors” and the following:

~~Beneficial~~· ~~ownership~~non‑performance isby ~~determined~~third inparty ~~accordance~~contractors; ~~with~~· ~~the~~increases ~~rules~~in ofmaterials ~~the SEC. Generally, a person is considered to beneficially own securities: (i) over which such person, directly~~ or ~~indirectly,~~labour ~~exercises~~costs; ~~sole~~· orfalling ~~shared~~below ~~voting~~expected orlevels ~~investment power, and (ii)~~ of ~~which~~output ~~such person has the right to acquire beneficial ownership at any time within 60 days (such as through exercise of stock options~~ or ~~warrants).~~efficiency; ~~For~~· ~~purposes~~labour ofdisputes, ~~computing~~disruptions ~~the percentage of outstanding shares held by each person~~ or ~~group~~declines ofin ~~persons,~~productivity; ~~any~~· ~~shares~~termination ~~that such person~~ or ~~persons~~non‑renewal ~~has the right to acquire within 60 days~~ of ~~November~~long‑term ~~30,~~contracts; ~~2020~~and ~~are~~· ~~deemed~~inability to beattract ~~outstanding,~~enough ~~but~~qualified ~~are not deemed to be outstanding for the purpose of computing the percentage ownership of any other person~~workers. ~~The inclusion herein of any shares listed as beneficially owned does not constitute an admission of beneficial ownership.~~

Name and Address of Beneficial Owner	Amount and Nature of Beneficial Ownership Common Stock (1)
Directors and Officers	No. of Shares		% of Class
Terry Wilshire – President, Chief Executive Officer, Secretary, Treasurer, Chief Financial Officer, Treasurer, Secretary, Director		0		0	%
Robert Dickenson – Vice President, Directors		0		0
Ranko Mikulic - beneficial owner of 5% of more		50,000,000		66.66	%
All officers, directors and beneficial owner of 5% as a group		50,000,000		66.66	%

6. Risk of Additional Financing

~~(1)~~The ~~Based~~Company onis 75in the development stage and have not generated a significant amount of revenue. The Company will likely operate at a loss until business becomes established and it may require additional financing to fund future operations and expansion plans,~~000~~ including developing new products,~~000~~ ~~shares~~enhancing ofexisting ~~common~~products, ~~stock~~enhancing ~~issued~~its operating infrastructure, and ~~outstanding~~acquiring ascomplementary ofbusinesses ~~November~~and 30technologies. The Company’s ability to secure any required financing to sustain operations will depend in part upon prevailing capital market conditions, ~~2020~~as well as business success. There can be no assurance that the Company will be successful in its efforts to secure any additional financing or additional financing on terms satisfactory to management. If additional financing is raised by issuing the Company shares in its authorized capital, control may change, and shareholders may suffer additional dilution.

~~ITEM 13~~7. ~~CERTAIN~~Going‑Concern ~~RELATIONSHIP AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE.~~Risk

~~Transactions~~The ~~with~~Company’s ~~Related~~financial ~~Persons~~statements have been prepared on a going concern basis under which an entity is able to realize its assets and satisfy its liabilities in the ordinary course of business. The Company’s future operations are dependent upon the identification and successful completion of equity or debt financing and the achievement of profitable operations at an indeterminate time in the future. There can be no assurances that the Company will be successful in completing equity or debt financing or in achieving profitability. The financial statements do not give effect to any adjustments relating to the carrying values and classification of assets and liabilities that would be necessary should the Company be unable to continue as a going concern.

~~During the period ended November 30, 2020, an entity controlled by the former CEO paid expenses of $26,091 on behalf of the Company and advanced the Company $330~~8. The total amount owed to the former CEO, or entities controlled by the former CEO, as of November 30, 2020 was $82,085 (November 30, 2019 - $55,664). The amounts due to related parties are unsecured and non-interest-bearing with no set terms of repayment.Competition

~~ITEM~~The 14Company faces competition in the markets in which it operates and intends to operate soon. ~~PRINCIPAL~~Some ~~ACCOUNTANT~~of ~~FEES~~the ~~AND~~Company’s ~~SERVICES~~competitors may be better positioned to develop superior product features and technological innovations, and able to better adapt to changing market conditions. The Company’s ability to compete depends on, among other things, consistent high product quality, short lead time, timely delivery, competitive pricing, range of product offerings and superior customer service and support. Increased competition in the markets in which the Company operates may force the Company to reduce its product prices or may result in increased costs and may have a material adverse effect on its business and operating results. Any decrease in the quality of the Company’s products or level of service to customers, or any forced decrease in product pricing may adversely affect its business and operating results.

~~Fees~~In ~~paid~~addition, the industry in which the Company operates is highly competitive. the Company may not have sufficient resources to ~~Auditors~~maintain any competitive advantages, including research and development, marketing, sales, and customer services on a competitive basis which could materially and adversely affect the Company’s business, financial condition, and results of operations.

~~Audit~~26 ~~Fees~~Table of Contents

~~For the fiscal year ended November 30, 2020, audit fees were $13,900~~9. ~~For~~Agricultural ~~the~~Operations ~~period ended November 30, 2019, audit fees were $11,400.~~Risk

The ~~SEC~~Company’s ~~requires~~business ~~that~~is ~~before~~dependent ~~our~~on ~~independent~~the ~~registered~~growth ~~public~~and ~~accounting~~production ~~firm~~of iscannabis ~~engaged~~products, byan usagricultural product. As such, the risks inherent in engaging in agricultural businesses apply to ~~render~~the ~~any~~Company. ~~auditing~~Potential risks include the risk that crops may become diseased or ~~permitted~~victim ~~non-audit~~to ~~related~~insects ~~service~~or other pests and contamination, ~~the~~or ~~engagement~~subject beto ~~either:~~extreme ~~(i)~~weather ~~approved~~conditions bysuch ~~our~~as ~~Audit~~excess ~~Committee~~rainfall, freezing temperature, or ~~(ii)~~drought, ~~entered~~all ~~into~~of ~~pursuant~~which tocould ~~pre-approval~~result ~~policies~~in ~~and~~low ~~procedures~~crop ~~established~~yields, bydecreased ~~the~~availability ~~Audit~~of ~~Committee~~cannabis, ~~provided~~and ~~that~~higher acquisition prices. Although the ~~policies~~Company ~~and~~has ~~procedures~~taken ~~are~~on ~~detailed~~a asstrategy to ~~the~~source ~~particular~~its ~~service~~cannabis from various geographical locations, there can be no guarantee that an agricultural event will not adversely affect the ~~Audit~~Company’s ~~Committee~~business isand ~~informed~~operating results. Furthermore, the impact of ~~each~~Global ~~service,~~Warming and ~~such~~other ~~policies~~environmental ~~and~~effects ~~procedures~~on doweather ~~not~~systems ~~include~~around ~~delegation~~the ofglobe may impact the ~~Audit~~agricultural ~~Committee’s~~businesses ~~responsibilities~~upon towhich ~~management~~the Company relies.

~~We do not have an Audit Committee~~10. ~~Our~~Success ~~Board pre-approves all services provided by our independent registered public accounting firm. All~~ of ~~the~~Quality ~~above~~Control ~~services and fees paid during 2020 and 2019 were pre-approved by our Board.~~ Systems

19The ~~Table~~quality and safety of ~~Contents~~the Company’s products are critical to the success of its business and operations. As such, it is imperative that the Company’s and its service providers’ quality control systems operate effectively and successfully. Quality control systems can be negatively impacted by the design of the quality control systems, the quality training program, and adherence by employees to quality control guidelines. Although the Company strives to ensure that all its service providers have implemented and adhere to high‑caliber quality control systems, any significant failure or deterioration of such quality control systems could have a material adverse effect on the Company’s business and operating results.

~~PART~~11. IVReliance on Third Party Suppliers and Manufacturers

~~ITEM~~The 15Company intends to maintain a full supply chain to produce wholesale bulk cannabis. ~~EXHIBITS~~The Company’s co‑packers and ingredient and packaging suppliers may elect, ~~FINANCIAL~~at ~~STATEMENT~~any ~~SCHEDULES~~time, to cease to engage in production agreements for products containing cannabis. Loss of manufacturers and suppliers would have a material adverse effect on the Company’s business and operational results.

~~Please see the “Exhibit Index,” which is incorporated herein by reference, following the signature page for a list of our exhibits~~12. Product Liability

20The ~~Table~~Company’s products are produced for sale both directly and indirectly to end consumers, and therefore the Company faces an inherent risk of ~~Contents~~exposure to product liability claims, regulatory action, and litigation of the Company’s products alleging to have caused significant loss or injury. In addition, the manufacture and sale of cannabis and cannabis related products involves the risk of injury to consumers due to tampering by unauthorized third parties or product contamination. Previously unknown adverse reactions resulting from human consumption of the Company’s products alone or in combination with other medications or substances could occur. The Company may be subject to various product liability claims, including, among others, that its products caused injury or illness, include inadequate instructions for use or include inadequate warnings concerning possible side effects or interactions with other substances. A product liability claims or regulatory action against the Company could result in increased costs, could adversely affect the Company’s reputation, and could have a material adverse effect on the Company’s business and operational results.

~~SIGNATURES~~13. Product Recalls

~~Pursuant~~Product manufacturers and distributors are sometimes required to ~~the~~recall ~~requirements~~or initiate returns of ~~Section~~their 13products for various reasons, including product defects such as contaminations, unintended harmful side effects or ~~15(d)~~interactions ofwith ~~the~~other ~~Securities~~products, ~~Exchange~~packaging ~~Act~~safety and inadequate or inaccurate labeling disclosure. If any of ~~1934~~the Company’s products are recalled, the ~~registrant~~Company ~~has~~could ~~duly~~incur ~~caused~~unexpected ~~this~~expense ~~report~~relating to the recall and any legal proceedings that might arise in connection with the recall. the Company may lose significant revenue due to loss of sales and may not be ~~signed~~able onto ~~its~~compensate ~~behalf~~for byor replace that revenue. A recall of the ~~undersigned~~Company’s products could lead to adverse publicity, ~~thereunto~~decreased ~~duly~~demand ~~authorized~~for the Company’s products and could have a material adverse effect on the Company’s results of operations and financial condition.

	Mikrocoze Inc.
Dated: February 24, 2021	By:	/s/ Terry Wilshire
		Terry Wilshire President and Director Principal Executive Officer Principal Financial Officer Principal Accounting Officer

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~~Pursuant~~14. toMaintaining ~~the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant~~ and inPromoting the ~~capacities~~Company’s ~~and on the dates indicated.~~Brand

Signature		Date
/s/ Terry Wilshire		February 24, 2021
Terry Wilshire President and Director Principal Executive Officer Principal Financial Officer Principal Accounting Officer

The Company believes that maintaining and promoting its brand is critical to expanding its customer base. Maintaining and promoting the Company’s brand will depend largely on its ability to continue to provide quality, reliable, sustainable, and innovative products, which the Company may not do successfully. Maintaining and enhancing the Company’s brand may require it to make substantial investments, and these investments may not achieve the desired goals. If the Company fails to successfully promote and maintain its brand or if it incurs excessive expenses in this effort, the Company’s business and financial results from operations could be materially adversely affected.

2115. ~~Table~~Key ofPersonnel ~~Contents~~Risk

~~EXHIBIT~~The ~~INDEX~~Company’s success and future growth will depend, to a significant degree, on the continued efforts of the Company’s directors and officers to develop the business and manage operations and on their ability to attract and retain key technical, scientific, sales and marketing staff or consultants. The loss of any key person or the inability to attract and retain new key persons could have a material adverse effect on the Company’s business. Competition for qualified technical, scientific, sales and marketing staff, as well as officers and directors can be intense, and no assurance can be provided that the Company will be able to attract or retain key personnel in the future. The Company’s inability to retain and attract the necessary personnel could materially adversely affect the Company’s business and financial results from operations.

3.1		Articles of Incorporation [1]
3.2		By-Laws Inc. [1]
31.1		Certification of Chief Executive Officer pursuant to Rule 13(a)-14(a)/15(d)-14(a) of the Securities Act of 1934
31.2		Certification of Chief Financial Officer pursuant to Rule 13(a)-14(a)/15(d)-14(a) of the Securities Act of 1934 *
32.1		Certification of Chief Executive Officer Executive Officer under Section 1350 as Adopted pursuant Section 906 of the Sarbanes-Oxley Act of 2002
32.2		Certification of Chief Financial Officer under Section 1350 as Adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. **

16. Fluctuations in Foreign Currency Exchange Rates

~~_____________~~The Company is subject to foreign currency risk. The strengthening or weakening of the Canadian or US dollar versus other currencies of other countries in which it operates, will impact the translation of the Company’s net revenues generated in these foreign currencies into Canadian and US dollars. The Company imports certain ingredients in its products from foreign countries, and so may become forced to pay higher rates for the Company’s ingredients because of the weakening of the Canadian or US dollar.

~~[1]~~17. ~~Incorporated~~Risks byRelated ~~reference~~to ~~from~~ the Company’s ~~S-1 filed with the Commission on May 30, 2017.~~Prices

*As ~~Included~~the inmarket ~~Exhibit~~for 31the Company’s products matures, or as new or existing competitors introduce new products or services that compete with ours, the Company may experience pricing pressure and be unable to renew its agreements with existing customers or attract new customers at prices that are consistent with the Company’s pricing model and operating budget.1 If this were to occur, it is possible that the Company would have to change its pricing model or reduce the Company’s prices, which could harm the Company’s revenue, gross margin, and operating results.

**18. ~~Included~~Requirement into ~~Exhibit~~Generate ~~32.1~~Cash Flow for Financial Obligations

22The Company currently has negative operating cash flows. The Company’s ability to generate sufficient cash flow from operations to make scheduled payments to its contractors, service providers and suppliers will depend on future financial performance, which will be affected by a range of economic, competitive, regulatory, legislative, and business factors, many of which are outside of the Company’s control. If the Company does not generate sufficient cash flow from operations to satisfy its contractual obligations, the Company may have to undertake alternative financing plans. The Company’s inability to generate sufficient cash flow from operations or undertake alternative financing plans would have an adverse effect on the Company’s business, financial condition and results or operations, as well as its ability to satisfy the Company’s contractual obligations. Any failure to meet the Company’s financial obligations could result in termination of key contracts, which could harm the Company’s ability to provide its products.

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19. Uninsured or Uninsurable Risk

The Company may become subject to liability for risks which are uninsurable or against which the Company may opt out of insuring due to the high cost of insurance premiums or other factors. The payment of any such liabilities would reduce the funds available for usual business activities. Payment of liabilities for which insurance is not carried may have a material adverse effect on the Company’s financial position and operations.

20. Conflicts of Interest Risk

Certain of the Company’s directors and officers are, and may continue to be, involved in other business ventures in cannabis or hemp products and the nutraceutical industry through their direct and indirect participation in corporations, partnerships, joint ventures, etc. that may become potential competitors to the Company. Situations may arise in connection with potential acquisitions or opportunities where the other interests of these directors and officers’ conflict with or diverge from the Company’s interests. In accordance with the BCBCA, directors who have a material interest in any person who is a party to a material contract, or a proposed material contract are required, subject to certain exceptions, to disclose that interest and generally abstain from voting on any resolution to approve the contract. In addition, the directors and officers are required to act honestly and in good faith with a view to the Company's best interests. However, in conflict‑of‑interest situations, directors and officers may owe the same duty to another company and will need to balance their competing interests with their duties to the Company. Circumstances (including with respect to future corporate opportunities) may arise that may be resolved in a manner that is unfavourable to the Company.

21. Infectious Diseases and Global Virus Outbreaks

Emerging infectious diseases or the threat of outbreaks of viruses or other contagions or epidemic diseases, including the Covid‑19 outbreak, could have a material adverse effect on the Company by causing operational delays and disruptions (including as a result of government regulation and prevention measures), labour shortages and shutdowns, social unrest, breach of material contracts, government or regulatory actions or inactions, changes in tax laws, payment deferrals, increased insurance premiums, governmental disruptions, capital markets volatility, or other unknown but potentially significant responses or consequences. In addition, governments may impose strict emergency measures in response to the threat or existence of an infectious disease. The full extent and impact of the Covid‑19 pandemic is unknown and, to‑date, has included volatility in financial markets, a slowdown in economic activity and has also raised the prospect of a global recession.

The international response to Covid‑19 has led to significant restrictions on travel, temporary business closures, quarantines, global stock market volatility and a general reduction in consumer activity. At this time, the Company cannot accurately predict what effects these conditions will have on its financial position and results of operations, including due to uncertainties relating to the ultimate geographic spread of the virus, the severity of the disease, the duration of the outbreak, and the length of the travel restrictions and business closures that have been or may be imposed by the governments of impacted regions. In addition, a significant outbreak of contagious diseases in the human population, such as Covid‑19, could result in a widespread health crisis that could adversely affect the economies and financial markets of many countries, resulting in an economic downturn that could result in a material adverse effect on demand for financial compliance services, investor confidence, and general financial market liquidity, all of which may adversely affect the Company’s business and the fair market value of the Company shares. Accordingly, any outbreak or threat of an outbreak of an epidemic disease or similar public health emergency, including Covid‑19, could have a material adverse effect on the Company’s business, financial condition, and results of operations. As at the date hereof, the duration of any business disruptions and related financial impact of the Covid‑19 outbreak cannot be reasonably estimated. It is unknown whether and how the Company may be affected if a pandemic, such as the Covid‑19 outbreak, persists for an extended period.

22. The Company May Become Subject to Litigation

In addition to the current class action lawsuit, the Company may be named as a defendant in a lawsuit or regulatory action. the Company may also incur uninsured losses for liabilities which arise in the ordinary course of business, or which are unforeseen, including, but not limited to, employment liability and business loss claims. Any such losses could have a material adverse effect on the Company’s business, results of operations, sales, cash flow or financial condition.

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Regulatory Risks

23. Regulatory Approvals and Permits

The activities of the Company are subject to regulation by governmental authorities of jurisdictions in which it or its partners operate. Achievement of the Company’s business objectives is contingent, in part, upon compliance with regulatory requirements enacted by these governmental authorities and obtaining all regulatory approvals, where necessary, for the import, export and sale of its products. the Company may be required to obtain and maintain certain permits, licenses, and approvals in the jurisdictions where the Company’s products are licensed, although it does not currently anticipate that such approvals will be necessary. There can be no assurance that the Company will be able to obtain or maintain any necessary licenses, permits or approvals, and any material delay or inability to receive these items is likely to delay and/or inhibit the Company’s ability to conduct its business, and would have an adverse effect on the Company’s business, financial condition, and results of operations.

24. Potential Changes in Federal and State Laws and Regulations

If state and/or federal legislation changes or regulatory agencies amend their practices or interpretive policies, or expended its resources enforcing existing state and/or federal laws, such action(s) could have a materially adverse effect on; (a) the Company’s ability to obtain lawfully sourced raw materials; and (b) the manufacturing, marketing, distribution, and sale of the Company’s products in one or multiple jurisdictions, up to and including a complete interruption of its business. Further, additional government disruption in the cannabis industry could cause potential customers and users to be reluctant to purchase the Company’s products, which would be detrimental. The Company cannot predict the nature of any future federal, state and/or laws, regulations, interpretations, or applications, nor can it determine what effect additional governmental regulations or administrative policies and procedures, when and if promulgated, could have on its business.

Intellectual Property Risks

25. Risks Related to Potential Inability to Protect Intellectual Property

The Company’s success is heavily dependent upon its intellectual property and technology. The Company licenses certain technology from third parties and there can be no assurance that it will be able to continue licensing these rights on a continuous basis. The Company relies upon copyrights, trade secrets, unpatented proprietary know‑how and continuing technology innovation to protect the technology that it considers important to the development of its business. The Company relies on various methods to protect its proprietary rights, including confidentiality agreements with its consultants, service providers and management that contain terms and conditions prohibiting unauthorized use and disclosure of its confidential information. However, despite the Company’s efforts to protect its intellectual property rights, unauthorized parties may attempt to copy or replicate its technology. There can be no assurances that the steps taken by the Company to protect its technology will be adequate to prevent misappropriation or independent third‑party development of its technology. It is likely that other companies can duplicate a production process like ours. To the extent that any of the above could occur, the Company’s revenue could be negatively affected, and in the future, the Company may have to litigate to enforce its intellectual property rights, which could result in substantial costs and divert management’s attention and its resources.

Economic Risks

26. Global Economy Risk

The current Covid‑19 pandemic and, prior to that, the economic slowdown and downturn of global capital markets has generally made the raising of capital by equity or debt financing more difficult. If the Arrangement is not completed, the Company will be dependent upon the capital markets to raise additional financing in the future. Access to financing has been negatively impacted by the ongoing global economic downturn. As such, the Company is subject to liquidity risks in meeting development and future operating cost requirements in instances where cash positions are unable to be maintained or appropriate financing is unavailable. These factors may impact the Company’s ability to raise equity or obtain loans and other credit facilities in the future and on terms favourable to it and management. If uncertain market conditions persist, the ability to raise capital could be jeopardized and thus have an adverse impact on operations and on the trading price of the Company’s shares on OTC Pink (assuming the completion of the Arrangement).

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27. Trends, Risks and Uncertainties

The Company has sought to identify what it believes to be the most significant risks to its business, but it cannot predict whether, or to what extent, any of such risks may be realized nor can it guarantee that it has identified all possible risks that might arise. Investors should carefully consider all such risk factors before making an investment decision with respect to the Company shares.

Regulatory Risks and Uncertainties

28. Trading Suspension and Caveat Emptor

The recent SEC trading suspension and the designation of Caveat Emptor on the OTC Markets has negatively affected the ability of the Company’s shareholders to trade their shares. Although the Company is currently taking steps to rectify the regulatory restrictions, there is no guarantee that they will be successful in a timely manner.

29. Ontario Securities Commission’s charges against former officer and director of the Company and Instadose Canada will continue to have a negative effect on the ability of the Company to create an active market and successfully implement its business plan.

On July 9, 2021, the Ontario Securities Commission announced that Grant F. Sanders had been charged quasi-criminally with one count of fraud. Mr. Sanders is charged in relation to his role as Chairman and Chief Executive Officer of Instadose Canada. The OSC alleges that investor funds were diverted to the benefit of Mr. Sanders, his family, and associates. The OSC further alleges that Instadose Canada materially misrepresented the nature of the company’s business. Mr. Sanders retained legal counsel in Canada for the purpose of vigorously defending himself against the Charge. Mr. Sanders’ first scheduled court appearance on this matter occurred on Monday, August 16, 2021. It was determined at the First Appearance that the matter be adjourned until 2022. As of March 15, 2022, no new appearance has been scheduled.

Although Mr. Sander is not a 10% shareholder and resigned from all of his positions with the Company and Instadose Canada, he is still actively involved with some of the Company’s joint venture partners on an operational basis. An unfavorable outcome relating to the OSC changes may negatively affect the Company’s relationships with these joint venture partners in the future.

ITEM 1B. UNRESOLVED STAFF COMMENTS

Not applicable.

ITEM 2. PROPERTIES

The Company operates out of Instadose Canada’s head office which is located at 5500 North Service Road, Suite 301, Burlington, Ontario, L7L 6W6. The head office consists of 3,044 square feet. The head office is leased for a term of five years commencing November 1, 2018 and expiring on November 30, 2023. The head office is leased at a monthly rate of $4,819.67.

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ITEM 3. LEGAL PROCEEDINGS.

On December 30, 2021, Michael Deluca, a purported stockholder of the Company, filed a putative class action complaint in the U.S. District Court, Eastern District of Virginia, naming as defendants the Company and former CEO, Terry Wilshire. The complaint alleges violations of Section 10(b) of the Securities Exchange Act of 1934 (and SEC Rule 10b-5 promulgated thereunder), as well as a control person claim under Section 20(a) of the Exchange Act against Wilshire. The complaint alleges that defendants made materially false and misleading misrepresentations and omissions in SEC filings upon which plaintiff’s purportedly relied in purchasing shares of the Company and that plaintiff’s suffered harm when the price of the stock declined and the purported truth emerged. Plaintiff seeks various forms of relief, including alleged damages, attorneys’ fees and costs and other relief. The Company intends to vigorously defend against this lawsuit, and at this time, the Company cannot predict the outcome or impact of the litigation.

On September 18, 2019, Instadose Canada received a letter from the Enforcement Branch of the Ontario Securities Commission, requesting information about Instadose Canada’s business activities. Instadose Canada is also aware that the OSC reached out to certain stakeholders of Instadose Canada regarding such enquiries. Instadose Canada has responded to these enquiries and has not received any response from the OSC since that time.

On July 9, 2021, the OSC announced that Grant F. Sanders had been charged quasi-criminally with one count of fraud. Mr. Sanders is charged in relation to his role as Chairman and Chief Executive Officer of Instadose Canada. The OSC alleges that investor funds were diverted to the benefit of Mr. Sanders, his family, and associates. The OSC further alleges that Instadose Canada materially misrepresented the nature of the company’s business. Mr. Sanders retained legal counsel in Canada for the purpose of vigorously defending himself against the Charge. Mr. Sanders’ first scheduled court appearance on this matter occurred on Monday, August 16, 2021. It was determined at the First Appearance that the matter be adjourned until 2022. As of March 15, 2022, no new appearance has been scheduled.

The Company may be involved in legal proceedings in the ordinary course of business. Such matters are subject to many uncertainties, and outcomes are not predictable with assurance.

ITEM 4. MINE SAFETY DISCLOSURE

None

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PART II

ITEM 5. MARKET FOR COMPANY’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Item 5(a)

a) Market Information. The Company was trading publicly on the OTC Markets Pink Sheets. We began trading under the symbol MZKR on March 11, 2021, and now trade under the symbol “INSD”. The quotations represent inter-dealer prices without retail markup, markdown or commission, and may not necessarily represent actual transactions. On November 23, 2021, the SEC suspended the trading of securities in the Company because of questions and concerns regarding the adequacy and accuracy of information about the Company in the marketplace. Thereafter, OTC Markets designated a Caveat Emptor on the stock for a minimum of 30 days at which point we were eligible for review. Since that date, we have been actively working to meet all compliance requirements to cure the issue in the most expeditious manner possible.

b) Holders. At March 15, 2022, there were approximately 553 shareholders of record of our common stock.

c) Dividends. Holders of our common stock are entitled to receive such dividends as may be declared by our board of directors. No dividends on our common stock have ever been paid, and we do not anticipate that dividends will be paid on our common stock in the foreseeable future.

d) Securities authorized for issuance under equity compensation plans.

e) Performance graph. Not applicable.

f) Sale of unregistered securities.

Common Shares

On December 31, 2021, the Company closed on the Plan of Arrangement approved by the Supreme Court of British Columbia on October 19, 2021 by and between the Company and Instadose Pharma Corp., a British Columbia corporation (“Instadose Canada”). At Closing, the Company acquired all of the issued and outstanding common shares of Instadose Canada. Instadose Canada shareholders received 1.34 shares of the Company’s common stock in exchange for each share of Instadose Canada common stock for an aggregate of 456,930,654 shares of the Company’s common stock.

Item 5(b) Use of Proceeds. Not applicable.

Item 5(c) Purchases of Equity Securities by the issuer and affiliated purchasers. Not applicable.

ITEM 6. SELECTED FINANCIAL DATA

Not applicable to a smaller reporting company.

ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Forward-looking Statements

Statements in this Management’s Discussion and Analysis of Financial Condition and Results of Operation, as well as in certain other parts of this Annual report on Form 10-K (as well as information included in oral statements or other written statements made or to be made by the Company) that look forward in time, are forward-looking statements made pursuant to the safe harbor provisions of the Private Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, expectations, predictions, and assumptions and other statements that are other than statements of historical facts. Although the Company believes such forward-looking statements are reasonable, it can give no assurance that any forward-looking statements will prove to be correct. Such forward-looking statements are subject to, and are qualified by, known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied by those statements. These risks, uncertainties and other factors include, but are not limited to the Company’s ability to estimate the impact of competition and of industry consolidation and risks, uncertainties and other factors set forth in the Company’s filings with the Securities and Exchange Commission, including without limitation to this Annual Report on Form 10-K.

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The Company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this Form 10-K.

Critical Accounting Policies

The Company’s financial statements and accompanying notes are prepared in accordance with accounting principles generally accepted in the United States of America. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses. These estimates and assumptions are affected by management’s applications of accounting policies. Critical accounting policies for the Company include income taxes and recent accounting pronouncements.

The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America. All significant intercompany accounts and transactions have been eliminated in consolidation.

Income Taxes

The Company accounts for income tax using the asset and liability method prescribed by ASC 740, “Income Taxes”. Under this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and liabilities using enacted tax rates that will be in effect in the year in which the differences are expected to reverse. The Company records a valuation allowance to offset deferred tax assets if based on the weight of available evidence, it is more-likely-than-not that some portion, or all, of the deferred tax assets will not be realized. The effect on deferred taxes of a change in tax rates is recognized as income or loss in the period that includes the enactment date.

The Company follows the accounting guidance for uncertainty in income taxes using the provisions of ASC 740 “Income Taxes”. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. As of November 30, 2021 and 2020, respectively, the Company had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements.

The Company recognizes interest and penalties related to uncertain income tax positions in other expense. No interest and penalties related to uncertain income tax positions were recorded for the years ended November 30, 2021 and 2020, respectively.

In response to the COVID-19 pandemic, the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) was signed into law in March 2020. The CARES Act lifts certain deduction limitations originally imposed by the Tax Cuts and Jobs Act of 2017 (“2017 Tax Act”). Corporate taxpayers may carry back net operating losses (NOLs) originating between 2018 and 2020 for up to five years, which was not previously allowed under the 2017 Tax Act. The CARES Act also eliminates the 80% of taxable income limitations by allowing corporate entities to fully utilize NOL carry forwards to offset taxable income in 2018, 2019 or 2020. Taxpayers may generally deduct interest up to the sum of 50% of adjusted taxable income plus business interest income (30% limit under the 2017 Tax Act) for 2019 and 2020. The CARES Act allows taxpayers with alternative minimum tax credits to claim a refund in 2020 for the entire amount of the credits instead of recovering the credits through refunds over a period of years, as originally enacted by the 2017 Tax Act.

In addition, the CARES Act raises the corporate charitable deduction limit to 25% of taxable income and makes qualified improvement property generally eligible for 15-year cost- recovery and 100% bonus depreciation. The enactment of the CARES Act did not result in any material adjustments to our income tax provision for the years ended November 30, 2021 and 2020, respectively.

Recent Accounting Pronouncements

Changes to accounting principles are established by the FASB in the form of ASU’s to the FASB’s Codification. We consider the applicability and impact of all ASU’s on our financial position, results of operations, stockholders’ equity, cash flows, or presentation thereof. At November 30, 2021, there were no pronouncements that had an effect on the Company’s financial statements.

Trends and Uncertainties

The Company currently has minimal revenues and operations and is investigating potential businesses and companies for acquisition to create and/or acquire a sustainable business. Our ability to acquire or create a sustainable business may be adversely affected by our current financial conditions, availability of capital and/ or loans, general economic conditions which can be cyclical in nature along with prolonged recessionary periods, and other economic and political situations.

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The Company has generated recurring losses and cash flow deficits from its operations since inception and has had to continually borrow to continue operations. These matters raise substantial doubt about the Company’s ability to continue as a going concern. The continued operations of the Company are dependent upon its ability to raise additional capital, obtain additional financing and/or generate positive cash flows from operations. As further described in “Liquidity and Capital Resources”, management believes that it will be successful in obtaining additional financing, from which the proceeds will be primarily used to execute its new operating plans. The Company plans to use its available cash and new financing to develop and execute its new business plan and hopefully create and maintain a self-sustaining business. However, the Company can give no assurances that it will be successful in achieving its plans or if financing will be available or, if available, on terms acceptable to the Company, or at all. Should the Company not be successful in obtaining the necessary financing to fund its operations, and ultimately achieve adequate profitability and cash flows from operations, the Company would need to curtail certain or all of its operating activities.

There are no trends, events or uncertainties that have had or are reasonably expected to have a material impact on the net sales or revenues or income from continuing operations. There are no significant elements of income or loss that do not arise from our continuing operations except for the fair value change on derivative financial instruments and settlement on arbitration.

The rapid advances in computing and telecommunications technology over the past several decades have brought with them increasingly sophisticated methods of delivering administrating elections. Along with these advances, though, have come risks regarding the integrity and privacy of data, and these risks apply to election companies, falling into the general classification of cybersecurity. While it is not possible for anyone to give an absolute guarantee that data will not be compromised, when applicable, the Company shall utilize third-party service providers to secure the Company’s financial and personal data; the Company believes that third-party service providers provide reasonable assurance that the financial and personal data that they hold are secure.

Liquidity and Capital Resources

As of November 30, 2021, the Company had an accumulated deficit of $(568,381) and a working capital deficit of $(162,296). Our ability to continue as a going concern depends upon whether we can ultimately attain profitable operations, generate sufficient cash flow to meet our obligations, and obtain additional financing as needed.

As of November 30, 2020, the Company had an accumulated deficit of $(106,358) and a working capital deficit of $82,423.

Operating Activities

For the year ended November 30, 2021, the Company recorded a net loss of $(462,023). We had expenses paid on behalf of the Company by a related party of 84,716, expenses paid on behalf of the Company - third party of $300,000, an increase in accounts payable of 8,442 and accrued expenses - related party of $68,800. As a result, we recorded net cash used in operating activities of $(65) for the year ended November 30, 2021.

For the year ended November 30, 2020, the Company recorded a net loss of $(25,657). We had expenses paid on behalf of the Company by a related party of $26,091 and a decrease in accounts payable of $(647). As a result, we recorded net cash used in operating activities of $213 for the year ended November 30, 2020

Investing Activities

For the year ended November 30, 2021 and 2020, respectively, we did not have any investing activities.

Financing Activities

For the year ended November 30, 2021 we issued 3,000 shares of common stock for a subscription receivable of $3,000.

For the year ended November 30, 2020, we received related party advances of $330.

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Management believes that it will be able to continue its operations and further advance its business plans. However, management cannot give assurances that such plans will materialize and be successful in the near term or on terms advantageous to the Company, or at all. Should the Company not be successful in its business plans or obtain additional financing, the Company would need to curtail certain or all of its operating activities.

The Company’s continuation as a going concern is dependent upon its ability to ultimately attain profitable operations, generate sufficient cash flow to meet its obligations, and obtain additional financing as may be required. For the years ended November 30, 2021 and 2020, our auditors have included a “going concern” modification in their auditors’ reports. A “going concern” modification may make it more difficult for us to raise funds when needed. The outcome of this uncertainty cannot presently be determined.

The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. There can be no assurance that management will be successful in implementing its business plan or that the successful implementation of such business plan will actually improve our operating results

Results of Operations for the Year Ended November 30, 2021 Compared to the Year Ended November 30, 2020

The Company did not earn any revenues for the years ended November 30, 2021 or 2020.

General and administrative expenses for the year ended November 30, 2021 totaled $462,023 compared to $25,657 for the year ended November 30, 2020, an increase of $436,366.

General and administrative expenses for the year ended November 30, 2021 consisted primarily of professional fees. Professional fees for the year ended November 30, 2021 totaled $441,565 compared to $17,960 for the year ended November 30, 2020, an increase of $423,605. Professional fees for the year ended November 30, 2021consisted of marketing fees of $300,000, management fees of $68,800, legal fees of $48,800 and accounting fees of $23,965. Professional fees for the year ended November 30, 2020 consisting of only accounting fees of $17,960.

Off-Balance Sheet Arrangements

We do not maintain any off-balance sheet arrangements, transactions, obligations or other relationships with unconsolidated entities that would be expected to have a material current or future effect upon our financial condition or results of operations.

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not applicable

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ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

Instadose Pharma Corp.

Index to the Financial Statements

			Page
Reports of Independent Registered Public Accounting Firm – B.F. Borgers CPA PC, PCAOB ID No. 5041			38
Report of Independent Registered Public Accounting Firm – Sadler Gibb and Associates, LLC, PCAOB ID No. 3627			39
Financial Statements:
Balance Sheets as of November 30, 2021 and 2020			40
Statements of Operations for the Years Ended November 30, 2021 and 2020			41
Statements of Stockholders’ Deficit for the Years Ended November 30, 2021 and 2020			42
Statements of Cash Flows for the Years Ended November 30, 2021 and 2020			43
Notes to Financial Statements			44

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the shareholders and the board of directors of Instadose Pharma Corp.

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheet of Instadose Pharma Corp. (the “Company”) as of November 30, 2021, the related statement of operations, stockholders’ equity (deficit), and cash flows for the year then ended, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of November 30, 2021, and the results of its operations and its cash flows for the year then ended, in conformity with accounting principles generally accepted in the United States.

Substantial Doubt about the Company’s Ability. to Continue as a Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 1 to the financial statements, the Company’s significant operating losses raise substantial doubt about its ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Basis for Opinion

These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audit included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion.

/s BF Borgers CPA PC

BF Borgers CPA PC

We have served as the Company’s auditor since 2022

Lakewood, CO

March 8, 2022

PCAOB ID No. 5041

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Shareholders of Instadose Pharma Corp (fka: Mikrocoze Inc.):

Opinion on the Financial Statements

We have audited the accompanying balance sheet of Instadose Pharma Corp (fka:Mikrocoze Inc.)(“the Company”) as of November 30, 2020, the related statements of operations, stockholders’ deficit, and cash flows for the year ended November 30, 2020 and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Company as of November 30, 2020, and the results of its operations and its cash flows for the year ended November 30, 2020, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audit included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion.

/s/ Sadler, Gibb & Associates, LLC

We have served as the Company’s auditor from 2017 through February 17, 2022.

Draper, UT

February 24, 2021

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INSTADOSE PHARMA CORP.

BALANCE SHEETS

	November 30, 2021			November 30, 2020

ASSETS

CURRENT ASSETS
Cash	$	-		$	65

TOTAL CURRENT ASSETS	$	-		$	65

LIABILITIES AND STOCKHOLDERS’ DEFICIT

CURRENT LIABILITIES
Accounts payable	$	8,780		$	338
Accrued expenses - related party		68,800			-
Advances - related party		84,716			82,085

TOTAL CURRENT LIABILITIES		162,296			82,423

COMMITMENTS AND CONTINGENCIES STOCKHOLDERS’ DEFICIT		-			-
Preferred stock, par value $0.0001, 1,000,000 shares authorized, 0 issued and outstanding		-			-
Common stock, par value $0.0001, 700,000,000 shares authorized, 75,003,000 and 75,000,000 shares issued and outstanding, respectively		7,500			7,500
Additional paid in capital		401,585			16,500
Subscription receivable		(3,000	)		-
Accumulated deficit		(568,381	)		(106,358	)

TOTAL STOCKHOLDERS’ DEFICIT		(162,296	)		(82,358	)

TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	-		$	65

The accompanying notes are an integral part of these financial statements

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INSTADOSE PHARMA CORP,

STATEMENTS OF OPERATIONS

	Year ended November 30, 2021			Year ended November 30, 2020

General and administrative expenses	$	462,023			25,697

Net loss		(462,023	)		(25,657	)

Loss per share - basic and diluted	$	(0.01	)	$	(0.00	)

Weighted average number of shares - basic and diluted		75,000,312			75,000,000

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

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INSTADOSE PHARMA CORP.

STATEMENTS OF STOCKHOLDERS’ DEFICIT

	Preferred Stock				Common Stock				Additional		Subscription			Accumulated			Total Stockholders’
	Shares		Amount		Shares		Amount		Paid-in Capital		Receivable			Deficit			Deficit

Balance at November 30, 2019		-	$	-		75,000,000	$	7,500	$	16,500	$	-		$	(80,701	)		(56,701	)

Net loss - 2020		-		-		-		-		-		-			(25,657	)		(25,657	)

Balance at November 30, 2020		-		-		75,000,000	$	7,500	$	16,500		-		$	(106,358	)	$	(82,358	)

Debt forgiveness - related party		-		-		-		-		82,085		-			-			82,085

Stock issued for subscription receivable ($1/per share)		-		-		3,000		-		3,000		(3,000	)		-			-

Expenses paid on behalf of the Company - third party		-		-		-		-		300,000		-			-			300,000

Net loss - 2021		-		-		-		-		-		-			(462,023	)		(462,023	)

Balance at November 30, 2021		-			$	75,003,000	$	7,500	$	401,585	$	(3,000	)	$	(568,381	)	$	(162,296	)

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

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INSTADOSE PHARMA CORP.

STATEMENTS OF CASH FLOWS

	November 30, 2021			November 30, 2020

Operating Activities
Net loss	$	(462,023	)	$	(25,657	)
Adjustments to reconcile net loss to net cash used in operating activities
Expenses paid on behalf of the Company by related party		84,716			26,091
Expenses paid on behalf of the Company - third party		300,000			-
Accounts payable		8,442			(647	)
Accrued expenses - related party		68,800			-
Net cash from operating activities		(65	)		(213	)

Financing activities
Advances from related party		-			330
Net cash provided by financing activities		-			330

Net increase (decrease) in cash		(65	)		117

Cash, beginning of year		65			(52	)

Cash, end of year	$	-		$	65

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

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INSTADOSE PHARMA CORP.

NOTES TO FINANCIAL STATEMENTS

NOVEMBER 30, 2021 and 2020

Note 1 - Organization and Nature of Operations

Mikrocoze Inc. was incorporated in the State of Nevada as a for-profit Company on August 17, 2016 and established a fiscal year end of November 30. The Company was organized to sell micro-furniture that is designed to maximize any small space and to sell its products via the internet.

On October 9, 2020, the existing director and officer of the Company resigned effective immediately. Accordingly, Sukhmanjit Singh, serving as a director and an officer, ceased to be the Company’s Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary and a Director. At the effective date of the resignation, Mr. Terry Wilshire consented to act as the new President and Member of the Board of Directors of the Company and Robert Dickenson consented to act as the new Vice President and Member of the Board of Directors of the Company.

On March 4, 2021, Mikrocoze, Inc. filed a Certificate of Amendment with the Secretary of State of Nevada effecting a name change on March 11, 2021 to Instadose Pharma Corp. Further on March 11, 2021, the Financial Industry Regulatory Authority approved the name change and trading symbol to “INSD”. Instadose Pharma Corp is now focused on growth and acquisition of pharmaceutical grade agricultural products.

On December 31, 2021, Mr. Terry Wilshire resigned as Chief Executive officer, Chief Financial Officer, President, Treasurer, Secretary and Director of the Company.

On January 14, 2022, Alex Wylie was appointed interim Chairman and interim Chief Executive Officer of the Registrant and Instadose Canada. Mr. Wylie will continue in his role as Chief Financial Officer of the Registrant and Instadose Canada. The Registrant’s Board of Directors will initiate a process to find a permanent Chairman and Chief Executive Officer of the Registrant and Instadose Canada. Alex Wylie will be a potential candidate for the roles of Chairman and/or Chief Executive Officer in the Registrant and Instadose Canada.

Effective January 14, 2022, Grant F. Sanders resigned as Chairman and Chief Executive Officer of the Registrant and as Chairman of its wholly owned Canadian subsidiary (“Instadose Canada”). Mr. Sanders will not hold any officer or director positions at the Company or Instadose Canada following his resignation.

Going concern

To date the Company has generated minimal revenues from its business operations and has incurred operating losses since inception of $568,381. As at November 30, 2021, the Company has a working capital deficit of $162,296. The Company will require additional funding to meet its ongoing obligations and to fund anticipated operating losses. The ability of the Company to continue as a going concern is dependent on raising capital to fund its initial business plan and ultimately to attain profitable operations. Accordingly, these factors raise substantial doubt as to the Company’s ability to continue as a going concern for a period of one year from the issuance of these financial statements. The Company intends to continue to fund its business by way of private placements and advances from related parties as may be required. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might result from this uncertainty.

Impact of COVID-19

The ongoing COVID-19 global and national health emergency has caused significant disruption in the international and United States economies and financial markets. In March 2020, the World Health Organization declared the COVID-19 outbreak a pandemic. The spread of COVID-19 has caused illness, quarantines, cancellation of events and travel, business and school shutdowns, reduction in business activity and financial transactions, labor shortages, supply chain interruptions and overall economic and financial market instability. The COVID-19 pandemic has the potential to significantly impact the Company’s supply chain, distribution centers, or logistics and other service providers.

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In addition, a severe prolonged economic downturn could result in a variety of risks to the business, including weakened demand for products and services and a decreased ability to raise additional capital when needed on acceptable terms, if at all. As the situation continues to evolve, the Company will continue to closely monitor market conditions and respond accordingly.

We have implemented adjustments to our operations designed to keep employees safe and comply with federal, state, and local guidelines, including those regarding social distancing. The extent to which COVID-19 may further impact the Company’s business, results of operations, financial condition and cash flows will depend on future developments, which are highly uncertain and cannot be predicted with confidence. In response to COVID-19, the United States government has passed legislation and taken other actions to provide financial relief to companies and other organizations affected by the pandemic.

The ultimate impact of the COVID-19 pandemic on the Company’s operations is unknown and will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the duration of the COVID-19 outbreak, new information which may emerge concerning the severity of the COVID-19 pandemic, and any additional preventative and protective actions that governments, or the Company, may direct, which may result in an extended period of continued business disruption, reduced customer traffic and reduced operations.

Any resulting financial impact cannot be reasonably estimated at this time but is anticipated to have a material adverse impact on our business, financial condition, and results of operations.

At November 30, 2021, the Company has evaluated its operations and has determined that the effect of COVID-19 has not had a material adverse impact on its business, financial condition or results of operations.

Basis of Presentation

The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).

These financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business.

As reflected in the accompanying financial statements, for the year ended November 30, 2021, the Company had:

	·	Net loss of $462,023; and
	·	Net cash used in operations was $65

Additionally, for the year ended November 30, 2021, the Company had:

	·	Accumulated deficit of $568,381
	·	Stockholders’ deficit of $162,296; and
	·	Working capital deficit of $162,296

The Company has cash on hand of $0 at November 30, 2021. Although the Company may raise additional debt (third party and related party lenders) or equity capital (historically shareholder capital contributions and third-party debt), the Company expects to incur losses from operations and have negative cash flows from operating activities for the near-term. These losses could be significant as the Company executes its business plan.

In connection with the Company’s reverse merger on December 31, 2021, the Company believes that the Company will execute its business plan, however, there can be no assurances that the new business will be successful. See Note 8.

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These factors create substantial doubt about the Company’s ability to continue as a going concern within the twelve-month period subsequent to the date that these financial statements are issued. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. Accordingly, the financial statements have been prepared on a basis that assumes the Company will continue as a going concern and which contemplates the realization of assets and satisfaction of liabilities and commitments in the ordinary course of business.

Management’s strategic plans include the following:

	·	Executing and commercializing its business operations; and
	·	Identifying unique market opportunities that represent potential positive short-term
	·	cash flow.

Note 2 - Summary of Significant Accounting Policies

Business Segments

The Company uses the “management approach” to identify its reportable segments. The management approach requires companies to report segment financial information consistent with information used by management for making operating decisions and assessing performance as the basis for identifying the Company’s reportable segments. The Company has identified one single reportable operating segment.

Use of Estimates

Preparing financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reported period. Actual results could differ from those estimates, and those estimates may be material

Changes in estimates are recorded in the period in which they become known. The Company bases its estimates on historical experience and other assumptions, which include both quantitative and qualitative assessments that it believes to be reasonable under the circumstances.

Cash and Cash Equivalents

For purposes of the statements of cash flows, the Company considers all highly liquid instruments with a maturity of three months or less at the purchase date and money market accounts to be cash equivalents. At November 30, 2021 and 2020, respectively, the Company had no cash equivalents.

Fair Value of Financial Statements

The Company accounts for financial instruments under Financial Accounting Standards Board (“FASB”) ASC 820, Fair Value Measurements. ASC 820 provides a framework for measuring fair value and requires disclosures regarding fair value measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, based on the Company’s principal or, in absence of a principal, most advantageous market for the specific asset or liability.

The Company uses a three-tier fair value hierarchy to classify and disclose all assets and liabilities measured at fair value on a recurring basis, as well as assets and liabilities measured at fair value on a non-recurring basis, in periods subsequent to their initial measurement. The hierarchy requires the Company to use observable inputs when available, and to minimize the use of unobservable inputs, when determining fair value.

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The three tiers are defined as follows:

⦁ Level 1 -Observable inputs that reflect quoted market prices (unadjusted) for identical assets or liabilities in active markets;

⦁ Level 2-Observable inputs other than quoted prices in active markets that are observable either directly or indirectly in the marketplace for identical or similar assets and liabilities; and

⦁ Level 3-Unobservable inputs that are supported by little or no market data, which require the Company to develop its own assumptions.

The determination of fair value and the assessment of a measurement’s placement within the hierarchy requires judgment. Level 3 valuations often involve a higher degree of judgment and complexity. Level 3 valuations may require the use of various cost, market, or income valuation methodologies applied to unobservable management estimates and assumptions. Management’s assumptions could vary depending on the asset or liability valued and the valuation method used. Such assumptions could include estimates of prices, earnings, costs, actions of market participants, market factors, or the weighting of various valuation methods. The Company may also engage external advisors to assist us in determining fair value, as appropriate.

Although the Company believes that the recorded fair value of our financial instruments is appropriate, these fair values may not be indicative of net realizable value or reflective of future fair values.

The Company’s financial instruments, including cash, is carried at historical cost. At November 30, 2021, the carrying amounts of these instruments approximated their fair values because of the short-term nature of these instruments.

ASC 825-10 “Financial Instruments” allows entities to voluntarily choose to measure certain financial assets and liabilities at fair value (“fair value option”). The fair value option may be elected on an instrument-by-instrument basis and is irrevocable unless a new election date occurs. If the fair value option is elected for an instrument, unrealized gains and losses for that instrument should be reported in earnings at each subsequent reporting date. The Company did not elect to apply the fair value option to any outstanding financial instruments.

At November 30, 2021 and 2020, respectively, the Company did not have any cash equivalents.

Income Taxes

The Company accounts for income tax using the asset and liability method prescribed by ASC 740, “Income Taxes”. Under this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and liabilities using enacted tax rates that will be in effect in the year in which the differences are expected to reverse. The Company records a valuation allowance to offset deferred tax assets if based on the weight of available evidence, it is more-likely-than-not that some portion, or all, of the deferred tax assets will not be realized. The effect on deferred taxes of a change in tax rates is recognized as income or loss in the period that includes the enactment date.

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Basic and Diluted Earnings (Loss) per Share

Pursuant to ASC 260-10-45, basic loss per common share is computed by dividing net loss by the weighted average number of shares of common stock outstanding for the periods presented.

Diluted loss per share is computed by dividing net loss by the weighted average number of shares of common stock, common stock equivalents and potentially dilutive securities outstanding during the period. Potentially dilutive common shares may consist of common stock issuable for stock options and warrants (using the treasury stock method), convertible notes and common stock issuable. These common stock equivalents may be dilutive in the future. At November 30, 2021 and 2020, respectively, the Company did not have any common stock equivalents.

Related Parties

Parties are considered to be related to the Company if the parties, directly or indirectly, through one or more intermediaries, control, are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal with if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests.

Recent Accounting Standards

Notes 3 - Advances Related Party

The following represents activity with the Company’s Chief Executive Officer as of November 30 2021 and 2020, respectively:

Terms Advances	Related Party
Issuance date of advances		Various
Maturity date		Due on demand
Interest rate		0	%
Collateral		Unsecured
Balance - November 30, 2019	$	55,664
Advances		330
Expenses paid on behalf of Company		26,091
Balance - November 30, 2020		82,085
Debt forgiveness - related party		(82,085	)
Expenses paid on behalf of Company		84,716
Balance - November 30, 2021	$	84,716

1 - Amount was forgiven by the former Chief Executive Officer. Due to debt forgiveness occurring with a related party, the Company recorded an increase to additional paid-in capital.

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Note 4 - Accrued Expenses - Related Party

During the year ended November 30, 2021, the Company owed its Chief Executive Officer $68,800 for services rendered.

Note 5 - Stockholders’ Deficit

Increase in Authorized Shares and Change in Par Value

On June 10, 2021, the Company increased its authorized common shares from 500,000,000 shares to 700,000,000 shares. Also, the Company authorized 1,000,000 shares of blank check preferred stock.

On June 10, 2021, the Company changed its par value from $0.001 to $0.0001. As a result, the Company accounted for this as a recapitalization with a net effect of $0 on stockholders’ deficit. Additionally, the recapitalization was retroactively reflected to the earliest period presented.

Equity Transactions for the Year Ended November 30, 2021

Subscription Receivable

The Company sold 3,000 shares of common stock for $3,000 ($1/share). The Company has recorded the issuance as a subscription receivable and expects to collect the balance during the fiscal year ended November 30, 2022.

Expenses Paid on Behalf of the Company - Third Party

During the year ended November 30, 2021, a third party paid $300,000 on behalf of the Company in connection with advertising and marketing.

The Company’s tax expense differs from the “expected” tax expense for the period (computed by applying the corporate tax rate of 21% to loss before taxes), are approximately

Note 6 - Income Taxes

The Company’s tax expense differs from the “expected” tax expense for the period computed by applying the corporate tax rate of 21% to loss before taxes), are approximately as follows:

	November 30, 2021			November 30, 2020
Federal income tax benefit - 21%	$	(119,000	)	$	(5,400	)
Subtotal		(119,000	)		(5,400	)
Change in valuation allowance		119,000			5,400
	$			$

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The tax effects of temporary differences that give rise to significant portions of deferred tax assets and liabilities at November 30, 2021 and 2020 are approximately as follows:

	November 30, 2021			November 30, 2020
Net operating loss carryforwards	$	119,000		$	(22,000	)
Total deferred tax assets		119,000			(22,000	)
Less: valuation allowance		(119,000	)		22,000
Net deferred income tax asset	$	-		$	-

Deferred tax assets and liabilities are computed by applying the federal and state income tax rates in effect to the gross amounts of temporary differences and other tax attributes, such as net operating loss carryforwards. In assessing if the deferred tax assets will be realized, the Company considers whether it is more likely than not that some or all of these deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the period in which these deductible temporary differences reverse.

During the year ended November 30, 2021, the valuation allowance increased by approximately $97,000. The total valuation allowance results from the Company’s estimate of its inability to recover its net deferred tax assets.

At November 30, 2021, the Company has federal net operating loss carryforwards, which are available to offset future taxable income, of approximately $568,000 (approximately $119,000 at the tax rate). The Company is in the process of analyzing their NOL that could limit the future use of these NOL’s.

These carryforwards may be subject to an annual limitation under Section 382 and 383 of the Internal Revenue Code of 1986, and similar state provisions if the Company experienced one or more ownership changes which would limit the amount of NOL and tax credit carryforwards that can be utilized to offset future taxable income and tax, respectively. In general, an ownership change, as defined by Section 382 and 383, results from transactions increasing ownership of certain stockholders or public groups in the stock of the corporation by more than 50 percentage points over a three-year period. The Company has not completed an IRC Section 382/383 analysis. If a change in ownership were to have occurred, NOL and tax credit carryforwards could be eliminated or restricted.

If eliminated, the related asset would be removed from the deferred tax asset schedule with a corresponding reduction in the valuation allowance. Due to the existence of the valuation allowance, limitations created by future ownership changes, if any, will not impact the Company’s effective tax rate.

The Company files corporate income tax returns in the United States and California jurisdictions. The Company’s policy is to recognize interest expense and penalties related to income tax matters as tax expense. At November 30, 2021 and 2020, there are no unrecognized tax benefits, and there are no significant accruals for interest related to unrecognized tax benefits or tax penalties.

Note 7 - Subsequent Events

SEC Trading Suspension

On November 23, 2021, the Company was notified by the SEC that it had ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above-listed Company is suspended for the period from 9:30 a.m. EDT on November 24, 2021, through 11:59 p.m. EDT on December 8, 2021.

The Order stated that it appears to the Securities and Exchange Commission that the Company (CIK No. 0001697587), a Nevada corporation whose principal place of business is listed as Chesapeake, Virginia, because of questions and concerns regarding the adequacy and accuracy of information about the Company in the marketplace, including:

	(1)	significant increases in the stock price and share volume unsupported by the company’s assets and financial information;
	(2)	trading that may be associated with individuals related to a control person of Instadose Pharma; and
	(3)	the operations of Instadose Pharma’s Canadian affiliate.

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As of November 19, 2021, the common stock of the Company was quoted and traded on OTC Pink whose parent company is OTC Markets Group Inc., under the symbol INSD, had seven market makers, and was eligible for the “piggyback” exception of Rule 15c2- 11(f)(3) of the Securities Exchange Act of 1934 (“Exchange Act”).

The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed company.

As of the date of these financial statements, the Company has resumed trading on OTC markets, however, the symbol has been marked with a “CE” designation (Caveat Emptor).

Plan of Arrangement

The transaction resulted in a change of control and a change in management.

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ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

Sadler Gibb and Associates, LLC resigned as our independent registered public accounting firm, effective as of February 17, 2022. The change in independent registered public accounting firm is not the result of any disagreement.

Sadler Gibb and Associates, LLC’s audit reports on the Company’s financial statements as of and for the year’s ended November 30, 2020, and 2019 did not contain an adverse opinion or disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope, or accounting principles.

Their reports on the Company’s financial statements as of and for the years ended November 30, 2020, and 2019 contained an explanatory paragraph which noted that there was substantial doubt as to the Company’s ability to continue as a going concern as the Company has incurred net losses since inception and existing uncertain conditions which the Company faces relative to its obtaining capital in the equity markets.

The Company’s Board was notified by the auditors of their decision to resign resulting in a change in independent accountants, and then acting under authority delegated to it, approved the change of the independent accountants at a Board of Director’s meeting on February 18, 2022.

During the years ended November 30, 2020, and 2019 and the period through February 17, 2022, there (i) have been no disagreements with Sadler Gibb and Associates, LLC on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Sadler Gibb and Associates, LLC, would have caused Sadler Gibb and Associates, LLC to make reference to the subject matter of such disagreements in its reports on the financial statements for such years and (ii) were no reportable events as that term is defined in Item 304(a)(1)(v) of Regulation S-K.

On February 18, 2022, the Company engaged BF Borgers CPA PC as our independent registered public accounting firm for the period ended November 30, 2021. The Board made the decision to engage BF Borgers CPA PC acting under authority delegated to it and the Board of Directors approved the same on February 18, 2022.

The Company has not consulted with BF Borgers CPA PC during our two most recent fiscal years or during any subsequent interim period prior to its appointment as our new accounting firm regarding either (i) the application of accounting principles to a specified transaction, either completed or proposed; or the type of audit opinion that might be rendered on our financial statements, and neither a written report was provided to us nor oral advice was provided that BF Borgers CPA PC concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue; or (ii) any matter that was either the subject of disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a reportable event (within the meaning of Item 304(a)(1)(v) of Regulation S-K).

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ITEM 9A. CONTROLS AND PROCEDURES

Controls and Procedures

During the year ended November 30, 2021, there were no changes in our internal controls over financial reporting (as defined in Rule 13a-15(f) and 15d-15(f) under the Exchange Act) that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Evaluation of Disclosure Controls and Procedures

Under the supervision and with the participation of our management, including our chief executive officer and principal financial officer, we conducted an evaluation of our disclosure controls and procedures, as such term is defined under Rule 13a-15(e) and Rule 15d-15(e) promulgated under the Securities Exchange Act of 1934, as amended, as of November 30, 2021. Based on this evaluation, our chief executive officer and principal financial officers have concluded such controls and procedures were not effective as of November 30, 2021 to ensure that information required to be disclosed by the issuer in the reports that it files or submits under the Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms and to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Act is accumulated and communicated to the issuer’s management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or detected on a timely basis. In the course of making our assessment of the effectiveness of internal controls over financial reporting, we identified material weaknesses in our internal control over financial reporting as follows.

	·	The relatively small number of employees who are responsible for accounting functions prevents us from segregating duties within our internal control system.
	·	Our internal financial staff lack expertise in identifying and addressing complex accounting issued under U.S. Generally Accepted Accounting Principles.

Upon receiving adequate financing, the Company plans to increase its controls in these areas by hiring more employees in financial reporting and establishing an audit committee.

A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. The design of any system of controls is also based in part on certain assumptions regarding the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Given these and other inherent limitations of control systems, there is only reasonable assurance that our controls will succeed in achieving their stated goals under all potential future conditions.

Important Considerations

The effectiveness of our disclosure controls and procedures and our internal control over financial reporting is subject to various inherent limitations, including cost limitations, judgments used in decision making, assumptions about the likelihood of future events, the soundness of our systems, the possibility of human error, and the risk of fraud. Moreover, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions and the risk that the degree of compliance with policies or procedures may deteriorate over time. Because of these limitations, there can be no assurance that any system of

disclosure controls and procedures or internal control over financial reporting will be successful in preventing all errors or fraud or in making all material information known in a timely manner to the appropriate levels of management.

ITEM 9B. OTHER INFORMATION

None

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PART III

ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE.

The following persons listed below have been retained to provide services as director until the qualification and election of his successor. All holders of common stock will have the right to vote for directors.

The board of directors has primary responsibility for adopting and reviewing implementation of the business plan of the Company, supervising the development business plan, review of the officers’ performance of specific business functions. The board is responsible for monitoring management, and from time to time, to revise the strategic and operational plans of the Company. A director shall be elected by the shareholders to serve until the next annual meeting of shareholders, or until his or her death, or resignation and his or her successor is elected.

The Executive Officers and Directors are:

Name	Position	Term(s) of Office
Alex Wylie	Chief Executive Officer	January 14, 2022 to present
	Director	January 1, 2022 to present
	Chief Financial Officer	January 1, 2022 to present
Ann Barnes	Director	January 1, 2022 to present
Peter Wirth	Director	January 1, 2022 to present

Resumes

Alex Wylie

Alex Wylie has over 25 years of business experience and has served in the role of Chief Financial Officer and Chief Executive Officer for multiple public and private companies. Mr. Wylie currently serves Instadose Canada as its Chief Financial Officer. From 2017 to May 2021, Mr. Wylie was CEO of ACT Medical Centres. ACT is an organization that owns and operates medical centres and pharmacies throughout the Province of Alberta. From 2014 to 2016, Mr. Wylie was President, CEO, and a director of Bruin Oil and Gas, a private oil and gas company that was sold to Karve Energy. From 2009 to 2013, Mr. Wylie was Vice-President and CFO of Renegade Petroleum, a public oil and gas company that was eventually sold to Spartan Energy. In 2009, Mr. Wylie was Executive Vice-President of Finance of Renegade Oil and Gas, a private oil and gas company that was sold to Legacy Oil and Gas. From 2005 to 2009, Mr. Wylie was Managing Director and lead the Energy Investment Banking Group for Stifel Financial Corp. (formerly Westwind Partners).

Mr. Wylie received his Chartered Accountant designation in 1993 and graduated from the University of Western Ontario with a degree in Economics.

Ann Barnes

Ann Barnes began her career acting as corporate counsel for several private and publicly listed companies including Manulife Financial, TSN, Cott Corporation, Alliance Atlantis Communications Inc. and Insight Sports.

Since leaving her legal career, Ann founded and operated numerous companies in emerging industries. She began North America’s first chia company Source Salba Inc. and owned and operated Mum’s Original which is one of North America’s first hemp and superfood companies. She has published two best selling health and wellness cookbooks and is a well-respected public speaker. Ms. Barnes has a popular Tedx Talk watched over 750,000 times and translated into both American sign language and Arabic.

Ms. Barnes is the original founder, investor, and Chairperson of the world’s first legally licensed medicinal cannabis producing company: Peace Naturals Project Inc. Peace Naturals was subsequently purchased by Cronos Group Inc. and later by Altira (Marlborough) (NASDAQ:CRON).

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Ms. Barnes is an active director of Red Light Holland Corp. (CSE ticker: TRIP), a legal producer and distributor of psilocybin truffles within the Netherlands. The company intends to contribute to the advancement and awareness of psilocybin and promote its potential for further research and study.

Ms. Barnes currently acts as an advisor to Oasis Adaptations Inc. Oasis is focused on functional mushrooms and adaptogens in consumer-packaged food and plant-based supplements for the millennial demographic.

Ms. Barnes is currently the Founder and CEO of Edica Group Inc. (c.o.b. as Edica Naturals), a natural and plant-based supplement and topical beauty product company.

Peter Wirth

Peter Wirth has been working in the financial services industry for more than 30 years. During this time, Mr. Wirth has gained experience in various aspects of the banking and trust profession.

Mr. Wirth started his career in Switzerland where he also received his formal education. From 1996-1999, Mr. Wirth worked in Singapore where he was heading the Bank Leu Representative Office. In 2000, Mr. Wirth was transferred to Nassau, Bahamas where he ran Bank Leu and then its successor company Clariden Leu until the bank was integrated into Credit Suisse in April 2012. On December 31, 2013, Mr. Wirth retired from Credit Suisse and became an independent consultant.

In November 2018, Mr. Wirth joined Julius Baer Bank (Bahamas) Ltd., Nassau, Bahamas as CEO. Mr. Wirth retired from this position when Julius Baer was sold in September 2020.

Committees of the Board of Directors

We do not have standing audit, nominating or compensation committees, or committees performing similar functions. Our board of directors believes that it is not necessary to have standing audit, nominating or compensation committees at this time because the functions of such committees are adequately performed by our board of directors.

Section 16(a) Beneficial Ownership Reporting Compliance

Not Applicable

Code of Ethics Policy

We have not yet adopted a code of ethics that applies to our principal executive officer, principal financial officer, principal accounting officer or controller or persons performing similar functions.

Corporate Governance

There have been no changes in any state law or other procedures by which security holders may recommend nominees to our board of directors. In addition to having no nominating committee for this purpose, we currently have no specific audit committee and no audit committee financial expert. Based on the fact that our current business affairs are simple, any such committees are excessive and beyond the scope of our business and needs.

Indemnification

The Company shall indemnify to the fullest extent permitted by, and in the manner permissible under the laws of the State of Nevada, any person made, or threatened to be made, a party to an action or proceeding, whether criminal, civil, administrative or investigative, by reason of the fact that he is or was a director or officer of the Company, or served any other enterprise as director, officer or employee at the request of the Company.

The board of directors, in its discretion, shall have the power on behalf of the Company to indemnify any person, other than a director or officer, made a party to any action, suit or proceeding by reason of the fact that he/she is or was an employee of the Company.

Insofar as indemnification for liabilities arising under the Act may be permitted to directors, officers and controlling persons of the Company, the Company has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Company of expenses incurred or paid by a director, officer or controlling person of the Company in the successful defense of any action, suit or proceedings) is asserted by such director, officer, or controlling person in connection with any securities being registered, the Company will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issues.

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INDEMNIFICATION OF OFFICERS OR PERSONS CONTROLLING THE COMPANY FOR LIABILITIES ARISING UNDER THE SECURITIES ACT OF 1933, IS HELD TO BE AGAINST PUBLIC POLICY BY THE SECURITIES AND EXCHANGE COMMISSION AND IS THEREFORE UNENFORCEABLE.

ITEM 11. EXECUTIVE COMPENSATION

The following table set forth certain information as to the compensation paid to our executive officers by the Company.

Summary Compensation Table

Name and Principal Position

Year

Salary

($)

Stock

Awards

($)

Option

Awards

($)

All Other

Compensation

($)

Total

($)

Alex Wylie⁽¹⁾

CEO/CFO

2021

2020

n/a

Terry Wilshire⁽²⁾

Former CEO/CFO

2021

2020

Nil

Grant Sanders⁽³⁾

Former CEO

2021

2020

n/a

^____________

⁽¹⁾Mr. Wylie has been CEO since January 14, 2022 and CFO since January 1, 2022

⁽²⁾Mr. Wilshire resigned as CEO/CFO of the Company as of December 32, 2021

⁽³⁾Mr. Sanders served as CEO of the Company from January 1, 2022 to January 14, 2022

Outstanding Equity Awards at Fiscal Year End

There were no equity awards outstanding at November 30, 2021.

Director Compensation

No compensation was paid to our directors for the last two fiscal years.

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ITEM 12. SECURITIES OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDERS’ MATTERS

The following table sets forth, as of March 15, 2022, the number and percentage of our outstanding shares of common stock owned by (i) each person known to us to beneficially own more than 5% of its outstanding common stock, (ii) each director, (iii) each named executive officer and significant employee, and (iv) all officers and directors as a group.

Name and Address	Amount		Percentage
Alex Wylie		2,680,000		0.504	%
3237 7 St SW
Calgary AB T2T 2X8

Ann Barnes		2,249,000		0.214	%
196 Ninth Street
Collingwood, Ontario L9Y 2G5

Peter Wirth		703,500		0.132	%
4, Old Fort Drive
Old Fort Bay, Nassau, Bahamas

All Officers and Directors as a Group (3 persons)		5,632,500		0.85	%

5% Shareholders
Danny Guy		50,523,000		9.50	%
123 Harrington Sound Rd
Smith’s Bahamas, HS02

Claudia Hillmeier		51,861,999		9.75	%
10 Old Fort Bay
Nassau, NP Bahamas

Ranko Mikulic		50,000,000		9.40	%
#313-2085 Gordan Drive
Kelowna, BC V1V 8S1 Canada

ComputerShare Exchange Account⁽¹⁾		114,535,519		21.53	%
1500, Robert-Bourasa Blvd. 7^th Floor
Montreal QC H3A 3S8 Canada

Owl Holdings Inc. (controlled by Viktoria Lounina)		36,180,000		6.80	%
Saffrey Square Bay St, Suite 205
Nassau Bahamas

___________

⁽¹⁾Represents common shares not yet distributed under the Plan of Arrangement.

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ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE.

Not applicable.

ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES.

Audit Fees

The aggregate fees billed for the years ended November 30, 2021 and 2020 for professional services rendered by BF Borgers CPA PC for the audit of the Company’s annual financial statements were $10,000. Sadler Gibb and Associates, LLC, PCAOB ID No. 3627 billed $7,500 in aggregate fees for their review of the Form 10-Q’s for the fiscal year ended November 30, 2021 and $2,500 for the re-issuance of their 2020 audit report.

The aggregate fees billed for the years ended November 30, 2020 for professional services rendered by Sadler Gibb and Associates, LLC for the audit of the Company’s annual financial statements and review of the financial statements included in the Company’s Form 10-Q or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for the period ended November 30, 2020 was $13,900.

Audit related fees

The aggregate fees billed for the years ended November 30, 2021 and 2020 for assurance and related services by BF Borgers CPA PC and Sadler Gibb and Associates, LLC that are reasonably related to the performance of the audit or review of the Company’s financial statements for those fiscal years were included in the above listed were $0 and $0, respectively.

Tax Fees

We incurred aggregate tax fees and expenses from BF Borgers CPA PC and Sadler Gibb and Associates, LLC during the years ended November 30, 2021 and 2020 for professional services rendered for tax compliance, tax advice, and tax planning of $0 and $0, respectively.

All Other Fees

The board of directors, acting as the Audit Committee considered whether, and determined that, the auditor’s provision of non-audit services was compatible with maintaining the auditor’s independence. All of the services described above for fiscal year 2021 and 2020 were approved by the board of directors pursuant to its policies and procedures.

The SEC requires that before our independent registered public accounting firm is engaged by us to render any auditing or permitted non-audit related service, the engagement be either: (i) approved by our Audit Committee or (ii) entered into pursuant to pre-approval policies and procedures established by the Audit Committee, provided that the policies and procedures are detailed as to the particular service, the Audit Committee is informed of each service, and such policies and procedures do not include delegation of the Audit Committee’s responsibilities to management.

We do not have an Audit Committee. Our Board pre-approves all services provided by our independent registered public accounting firm. All of the above services and fees paid during 2021 and 2020 were pre-approved by our Board.

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PART IV

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES

(a)(1) List of Financial statements included in Part II hereof

Balance Sheets, November 30, 2021 and 2020

Statements of Operations for the years ended November 30, 2021 and 2020

Statements of Stockholders’ Equity (Deficit) for the years ended November 30, 2021 and 2020

Statements of Cash Flows for the years ended November 30, 2021 and 2020

Notes to the Financial Statements

(a)(2) List of Financial Statement schedules included in Part IV hereof: None.

(a)(3) Exhibits

The following exhibits are included herewith:

Exhibit No.		Description
10.30		Stellar Media Contract dated September 30, 2021
31		Certification of Chief Executive Officer and Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32		Certification of Chief Executive Officer and Chief 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

____________

*XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

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SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Instadose Pharma Corp.

Date: March 15, 2022	By:	/s/ Alex Wylie
		Alex Wylie
		Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Company and in the capacities and on the dates indicated.

/s/ Alex Wylie	CEO, CFO, Controller	March 15, 2022
	Director,

/s/ Ann Barnes	Director	March 15, 2022

/s/ Peter Wirth	Director	March 15, 2022

Filing Compare · IDP Holdings (USA) Corp.