UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(MARK ONE)

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

For the quarterly period ended ~~September~~June 30, ~~2021~~2024

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

For the transition period from _____ to ____

Commission File No. ~~000~~001-~~54126~~41857

ALPHA NETWORK ALLIANCE VENTURES INC.

(Exact name of registrant as specified in its charter)

Delaware		45-1649826
(State or other jurisdiction of		(I.R.S. Employer
incorporation or organization)		Identification No.)

11801 Pierce St., 2nd Floor

Riverside, California 92505

(Address of principal executive offices, zip code)

(~~951~~714) ~~530~~ 515-~~1862~~0204

(Registrant’s telephone number, including area code)

____________________________________________________________

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

~~Indicate~~Securities byregistered ~~check~~pursuant ~~mark whether the issuer (1) has filed all reports required~~ to ~~be filed by~~ Section ~~13 or 15~~12(db) 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 ☐:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered

Indicate by check mark whether the issuer (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 every Interactive Data File required to be submitted 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 such files). Yes ☐ No ☒

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

Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☐☒ 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 Exchange Act Rule 12b-2 of the Exchange Act): Yes ☐ No ☒

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY

PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes ☐ No ☐

APPLICABLE ONLY TO CORPORATE ISSUERS

As of ~~November~~ 18August 29, ~~2021~~2024, there were ~~993~~3,313,405,751 shares of common stock, $0.0001 par value per share, outstanding.

ALPHA NETWORK ALLIANCE VENTURES INC.

(A Development Stage Company)

QUARTERLY REPORT ON FORM 10-Q

FOR THE PERIOD ENDED ~~SEPTEMBER~~JUNE 30 , ~~2020~~2024

INDEX

Index			Page
Part I.	Financial Information
	Item 1.	Financial Statements	F-1
		Balance Sheets as of September 30, 2021 (Unaudited) and December 31, 2020.	F-2
		Balance Sheets as of June 30, 2024 and December 31, 2023 (unaudited).	F-2
		Statements of Operations (Unaudited) for the nine months ended September 30, 2021 and 2020.	F-3
		Statements of Operations for the three and six months ended June 30, 2024 and 2023 (unaudited).	F-3
		Statements of Cash Flows (Unaudited) for the nine months ended September 30, 2021 and for the year 2020.	F-4
		Statements of Changes in Stockholders’ Deficiency for the three and six months ended June 30, 2024 and 2023 (unaudited).	F-4
		Statement of Stockholders’ Deficit (Unaudited)	F-5
		Statements of Cash Flow for the six months ended June 30, 2024 and 2023 (unaudited).	F-5
		Notes to Financial Statements September 30, 2021 (Unaudited).	F-6
		Notes to Financial Statements (unaudited).	F-6
	Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations.	4
	Item 3.	Quantitative and Qualitative Disclosures About Market Risk.	95
	Item 4.	Controls and Procedures.	95
Part II.	Other Information
	Item 1.	Legal Proceedings.	106
	Item 1A.	Risk Factors.	106
	Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds.	106
	Item 3.	Defaults Upon Senior Securities.	106
	Item 4.	Mine Safety Disclosures.	106
	Item 5.	Other Information.	106
	Item 6.	Exhibits.	117
Signatures			128

2 ~~Table of Contents~~

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Quarterly Report on Form 10-Q of Alpha Network Alliance Ventures Inc., a Delaware corporation (the “Company”), contains “forward-looking statements,” as defined in the United States Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as “may”, “will”, “should”, “could”, “expects”, “plans”, “intends”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. The economic environment within which we operate could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: the volatility of housing prices, the possibility that we will not receive sufficient customers to grow our business, the Company’s need for and ability to obtain additional financing, the exercise of the approximately 69 89.6% control the Company’s sole officer and director holds of the Company’s voting securities, other factors over which we have little or no control; and other factors discussed in the Company’s filings with the Securities and Exchange Commission (“SEC”).

Our management has included projections and estimates in this Form 10-Q, which are based primarily on management’s experience in the industry, assessments of our results of operations, discussions and negotiations with third parties and a review of information filed by our competitors with the SEC or otherwise publicly available. We caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

3 ~~Table of Contents~~

PART I. FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS.

ALPHA NETWORK ALLIANCE VENTURES, INC.
A Development Stage Company
Table of Contents
Unaudited
Balance Sheets:
September 30, 2021 and December 31, 2020		F-2
Statements of Operations:
For the nine months ended September 30, 2021 and 2020		F-3
Statements of Cash Flows:
For the nine months ended September 30, 2021 and 2020		F-4
Notes to Financial Statements:
September 30, 2021		F-6

Alpha Network Alliance Ventures Inc.

~~F-1~~June 30, ~~Table~~2024, ofand ~~Contents~~2023 (unaudited)

ALPHA NETWORK ALLIANCE VENTURES, INC.
A Development Stage Company
Balance Sheets
Unaudited
	September 30,			December 31,
	2021			2020
	Unaudited			Audited
ASSETS
Current assets:
Cash	$	2,625		$	1,179
Accounts receivable		88,838			71,810
Total current assets		91,463			72,989
Property and equipment, net		-			-
Total assets	$	91,463		$	72,989
LIABILITIES
Current liabilities:
Accrued taxes payable
Related Party:
Advances from related party		1,145,266			1,177,544
Accounts payable		56,049			68,499
Accrued compensation		3,500,000			3,050,000
Total current liabilities		4,769,318			4,296,043
Total liabilities		4,769,318			4,296,043
STOCKHOLDERS' DEFICIT
Common stock, $.0001par value, 8,000,000,000 shares authorized,
993,405,751 and 113,405,751 shares issued and outstanding, respectively		99,341			11,341
Capital in excess of par value		903,664			903,664
Deficit accumulated during the development stage		(5,612,858	)		(5,138,059	)
Total stockholders' deficit		(4,609,855	)		(4,223,054	)
Total liabilities and stockholders' deficit	$	91,463		$	72,989

Index to the Financial Statements

The accompanying notes are an integral part of these statements.

Contents		Page(s)

Balance Sheets at June 30, 2024 and December 31, 2023		F-2
Statements of Operations for the three and six months ended June 30, 2024 and 2023		F-3
Statement of Changes in Stockholders’ Deficiency for the three and six months ended June 30, 2024 and 2023		F-4
Statements of Cash Flow for the six months ended June 30, 2024 and 2023		F-5
Notes to the financial statements		F-6

F-~~2 Table of Contents~~1

ALPHA NETWORK ALLIANCE VENTURES, INC.
A Development Stage Company
Statements of Operations
Unaudited
	Three months			Three months			Nine months			Nine months
	ended			ended			ended			ended
	September 30,			September 30,			September 30,			September 30,
	2021			2020			2021			2020
Revenue	$	15,941		$	32,425		$	48,166		$	109,804
Cost of revenue		10,629			21,549			32,099			73,122
Gross profit		5,312			10,876			16,067			36,682
General and Administrative expneses:
Marketing expenses
Wages		150,000			151,353			450,000			454,978
Rent		-			-			-			79
Travel		5,428			6,688			17,995			19,402
Professional		3,000			4,000			9,632			12,750
Office supplies		-			283			-			314
Computer and internet		699			5,000			1,762			11,361
Other general and adminstrative expenses		987			7,763			11,478			30,952
Total operating expenses		160,114			175,087			490,867			529,836
(Loss) from operations		(154,802	)		(164,211	)		(474,800	)		(493,154	)
Other comprehensive income/(loss)		-			-			-			-
Comprehensive loss	$	(154,802	)	$	(164,211	)	$	(474,800	)	$	(493,154	)
Basic earnings/(loss) per common share	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)
Weighted average number of shares outstanding		993,405,751			113,405,751			993,405,751			113,405,751

ALPHA NETWORK ALLIANCE VENTURES, INC.

~~The~~CONSOLIDATED BALANCE ~~accompanying~~SHEETS ~~notes are an integral part of these statements.~~(Unaudited)

F-3 Table of Contents

	June 30, 2024			December 31, 2023

ASSETS
Current assets:
Cash	$	-		$	8,974
Accounts receivable		59,958			59,958
Prepaid expenses		-			300
Total current assets		59,958			69,232

Total Assets	$	59,958		$	69,232

LIABILITIES AND STOCKHOLDERS’ DIFICINCY

Current liabilities:
Accounts payable	$	53,510		$	48,342
Related party advances		1,000,468			1,009,468
Related party accrued compensation		4,325,000			4,175,000
Total current liabilities		5,378,978			5,232,810

Commitments and contingencies		-			-

Stockholders’ equity (deficiency):
Preferred stock; $0.0001 par value; 2,000,000,000 shares authorized, -0- shares issued and outstanding as of June 30, 2024 and December 31, 2023		-			-
Common stock; $0.0001 par value; 8,000,000,000 shares authorized, 3,313,405,751 shares issued and outstanding as of June 30, 2024 and December 31, 2023		331,341			331,341
Additional paid in capital		903,664			903,664
Accumulated deficit		(6,554,025	)		(6,398,583	)
Total stockholders’ equity (deficiency)		(5,319,020	)		(5,163,578	)

Total Liabilities and Stockholders’ Deficiency	$	59,958		$	69,232

ALPHA NETWORK ALLIANCE VENTURES, INC.
A Development Stage Company
Statements of Cash Flows
Unaudited
	Nine months			Nine months
	ended			ended
	September 30,			September 30,
	2021			2020
Cash flows from operating activities:
Net loss	$	(474,800	)	$	(645,554	)
Adjustments to reconcile net (loss) to cash
provided (used) by developmental stage activities:
Shares issued for services
Depreciation		-			-
Loss on distribution of property
Change in current assets and liabilities:
Accounts receivable		(17,028	)		(37,005	)
Accounts payable		(12,450	)		17,200
Accrued wages		450,000			600,000
Net cash used from operating activities		(54,278	)		(65,359	)
Cash flows from investing activities:
Additional Capital stock		88,000			-
Net cash flows used in investing activities		88,000			-
Cash flows from financing activities:
Related party transaction		32,276			66,490
Net cash flows provided from financing activities		32,276			66,490
Net cash flows		32,276			66,490
Net increase (decrease) in cash flows		1,446			1,131
Cash and equivalents, beginning of period		1,179			48
Cash and equivalents, end of period	$	2,625		$	1,179
					-
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS FOR:
Interest	$	-		$	-
Income taxes	$	-		$	-

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

~~The accompanying notes are an integral part of these statements.~~ F-2

~~F-4~~ALPHA ~~Table~~NETWORK ofALLIANCE ~~Contents~~VENTURES, INC.

ALPHA NETWORK ALLIANCE VENTURES, INC.
(A Development Stage Enterprise)
Statement of Shareholders' Deficits
Unaudited
											(Deficit)
											Accumulated
					Additional						During the
	Common stock				Paid-in			Stock			Development
	Shares		Amount		Capital			Subscription			Stage			Totals
Balance, March 24, 2011 (Inception)		75,000,000	$	7,500	$	3,139		$	-		$	-		$	10,639
Reverse recapitalization		31,390,000		3,139		(3,139	)					-			-
Net (loss) for the period		-		-		-						(171,567	)		(171,567	)
Balance, December 31, 2011		106,390,000		10,639		-			-			(171,567	)		(160,928	)
Issuance of common stock to new shareholders		158,500		16		18,734									18,750
Net (loss) for the period												(76,137	)		(76,137	)
Balance, December 31, 2012		106,548,500		10,655		18,734			-			(247,704	)		(218,315	)
Common stock issued		205,868		21		30,859									30,880
Stock Subscription									41,605						41,605
Net (loss) for the period												(211,996	)		(211,996	)
Balance, December 31, 2013		106,754,368		10,676		49,593			41,605			(459,700	)		(357,826	)
Common stock issued for cash		514,317		51		78,281									78,332
Common stock issued for Services		5,322,000		532		632,666									633,198
Shares issued for subscription		277,366		28		41,577			(41,605	)					-
Net (loss) for the period												(834,590	)		(834,590	)
Balance, December 31, 2014		112,868,051	$	11,287	$	802,117		$	-		$	(1,294,290	)	$	(480,886	)
Common stock issued for Services		537,700		54		101,547									101,601
Net (loss) for the period												(527,093	)		(527,093	)
Balance, December 31, 2015		113,405,751	$	11,341	$	903,664		$	-		$	(1,821,383	)	$	(906,378	)
Net (loss) for the period												(375,784	)		(375,784	)
Balance, December 31, 2016		113,405,751	$	11,341	$	903,664		$	-		$	(2,197,167	)	$	(1,282,162	)
Net (loss) for the period												(809,104	)		(809,104	)
Balance, December 31, 2017		113,405,751	$	11,341	$	903,664		$	-		$	(3,006,271	)	$	(2,091,266	)
Net (loss) for the period												(758,827	)		(758,827	)
Balance, December 31, 2018		113,405,751	$	11,341	$	903,664		$	-		$	(3,765,098	)	$	(2,850,093	)
Net Loss for the period												(727,406	)		(727,406	)
Balance, December 31, 2019		113,405,751	$	11,341	$	903,664		$	-		$	(4,492,504	)	$	(3,577,499	)
Net Loss for the period											$	(645,554	)	$	(645,554	)
Balance, December 31, 2020		113,405,751		11,341		903,664			0			(5,138,058	)		(4,223,054	)
Common Shares issued		880,000,000	$	88,000										$	88,000
Net Loss for the period												(474,800	)		(474,800	)
Balance, September 30, 2021		993,405,751		99,341		903,664			0			(5,612,858	)		(4,609,855	)

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

The accompanying notes are an integral part of these statements.

	June 30, 2024			June 30, 2023			June 30, 2024			June 30, 2023
	For the Three Months Ended						For the Six Months Ended
	June 30, 2024			June 30, 2023			June 30, 2024			June 30, 2023

Operating expenses:
Wages	$	75,000		$	75,000		$	150,000		$	150,000
Professional fees		1,762			300			5,268			725
Travel		-			-			-			1,694
General and administrative		-			-			174			-
Total operating expenses		76,762			75,300			155,442			152,419

Net operating income (loss)		(76,762	)		(75,300	)		(155,442	)		(152,419	)

Net income (loss)	$	(76,762	)	$	(75,300	)	$	(155,442	)	$	(152,419	)

Basic income (loss) per share	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)

Weighted average number of common shares outstanding - basic		3,313,405,751			3,313,405,751			3,313,405,751			3,313,405,751

~~F-5~~The ~~Table~~accompanying notes are an integral part of ~~Contents~~these financial statements.

~~ALPHA NETWORK ALLIANCE VENTRUES, INC.~~F-3

(AALPHA ~~DEVELOPMENT~~NETWORK ~~STAGE~~ALLIANCE ~~ENTERPRISE)~~VENTURES, INC.

~~NOTES~~CONSOLIDATED TOSTATEMENT ~~FINANCIAL~~OF ~~STATEMENTS~~STOCKHOLDERS’ DEFICIT (Unaudited)

UNAUDITED

	Shares		Amount		Shares		Amount		Capital		Deficit			(Deficit)
	Preferred Stock				Common Stock				Additional Paid-In		Accumulated			Total Stockholders’ Equity
	Shares		Amount		Shares		Amount		Capital		Deficit			(Deficit)
For the Three Months Ended June 30, 2023
Balance at March 31, 2023		-	$	-		3,313,405,751	$	331,341	$	903,664	$	(6,097,179	)	$	(4,862,174	)

Net loss, period ended June 30, 2023		-		-		-		-		-		(75,300	)		(75,300	)

Balance at June 30, 2023		-	$	-		3,313,405,751	$	331,341	$	903,664	$	(6,172,479	)	$	(4,937,474	)


For the Six Months Ended June 30, 2023
Balance at December 31, 2022		-	$	-		3,313,405,751	$	331,341	$	903,664	$	(6,020,060	)	$	(4,785,055	)

Net loss, period ended June 30, 2023		-		-		-		-		-		(152,419	)		(152,419	)

Balance at June 30, 2023		-	$	-		3,313,405,751	$	331,341	$	903,664	$	(6,172,479	)	$	(4,937,474	)

For the Three Months Ended June 30, 2024
Balance at March 31, 2024		-	$	-		3,313,405,751	$	331,341	$	903,664	$	(6,477,263	)	$	(5,242,258	)

Net loss, period ended June 30, 2024		-		-		-		-		-		(76,762	)		(76,762	)

Balance at June 30, 2024		-	$	-		3,313,405,751	$	331,341	$	903,664	$	(6,554,025	)	$	(5,319,020	)

For the Six Months Ended June 30, 2024
Balance at December 31, 2023		-	$	-		3,313,405,751	$	331,341	$	903,664	$	(6,398,583	)	$	(5,163,578	)
Balance		-	$	-		3,313,405,751	$	331,341	$	903,664	$	(6,398,583	)	$	(5,163,578	)

Net loss, period ended June 30, 2024		-		-		-		-		-		(155,442	)		(155,442	)
Net loss		-		-		-		-		-		(155,442	)		(155,442	)

Balance at June 30, 2024		-	$	-		3,313,405,751	$	331,341	$	903,664	$	(6,554,025	)	$	(5,319,020	)
Balance		-	$	-		3,313,405,751	$	331,341	$	903,664	$	(6,554,025	)	$	(5,319,020	)

~~September~~The ~~30,~~accompanying ~~2021~~notes are an integral part of these financial statements.

~~Note 1~~ F- ~~Summary of Significant Accounting Policies:~~4

~~The~~ALPHA ~~Company~~NETWORK ~~was~~ALLIANCE ~~originally organized in the State of Delaware on March 24~~VENTURES, ~~2011 as Daedalus Ventures, Inc~~INC.

CONSOLIDATED STATEMENTS OF CASH FLOW (Unaudited)

	June 30, 2024			June 30, 2023
	For the Six Months Ended
	June 30, 2024			June 30, 2023

Cash flows from operating activities:
Net income (loss)	$	(155,442	)	$	(152,419	)
Adjustments to reconcile net loss to net cash used in operating activities:
Changes in operating assets and liabilities:
Accounts receivable		-			1,500
Prepaid expenses		300			(600	)
Accounts payable		5,168			1,325
Accrued compensation		150,000			150,000
Net cash used in operating activities		26			(194	)

Cash flows from financing activities
Repayment of related party advances		(9,000	)		-
Net cash provided by financing activities		(9,000	)		-

Net increase (decrease) in cash		(8,974	)		(194	)
Cash - beginning of the year		8,974			2,510
Cash - end of the year	$	-		$	2,316

Supplemental disclosures:
Interest paid	$	-		$	-
Income taxes	$	-		$	-

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

F-5

Alpha Network Alliance Ventures Inc.

Notes to Consolidated Financial Statements

June 30, 2024 (unaudited)

NOTE 1 – ORGANIZATION AND BASIS OF PRESENTATION

Organization

The accompanying consolidated financial statements include Alpha Network Alliance Ventures Inc (‘ANAV’ or the ‘Company’) and its wholly owned subsidiary. The Company was originally organized in the State of Delaware on March 24, 2011, as Daedalus Ventures, Inc.

In December 2011 the Company completed a merger with Alpha Network Alliance Ventures Inc. Immediately upon the completion of the merger, the Company changed its name to Alpha Network Alliance Ventures Inc.

Business

The Company is focused on building and operating a social networking software application and other internet driven applications. The Company builds Social Network Marketing tools that enable buyers, sellers, users to connect, share, discover and communicate with each other. The software application also allows its users to post reviews and share shopping and fashion tips and opinions or to integrate their 3^rd party websites or shopping store sites. It also offers products that enable companies, advertisers and marketers to engage with its users using a Social Network Marketing campaign and Social Medial Marketing campaign platform to boost the sales and membership for every affiliate who wants to participate.

The Company’s market is mostly Overseas Contract Workers (OCW), and majority is from the Philippines. The Company decided that it’s appropriate to sell our KababayanKo.com Premium Packages membership with products included to be more attractive and lucrative to every affiliate who buys and upgrades to Premium Packages Membership, and as a result of the promotion they can also purchase the products inside Kababayanko.com Market Place if they want it more.

During 2014, The Company also moved its primary operations to the Philippines. The purpose of this move was to ~~better centrally~~ locate to its primary market better centrally. Additionally, the Company plans to recognize lower costs and better distribution.

Recognizing the efficiency and cost effectivity of its operations in the Philippines, the company appointed an independent distributor that will primarily handle the distribution of its product in the Philippines. As a result of this, during 2015, the company has moved its primary operations back in the California, United States.

The Company’s activities are subject to significant risks and uncertainties, including failing to secure additional funding to operationalize the Company’s market penetration before another company develops a similar product.

~~The~~In accordance ~~Company~~with ~~is in the development stage as defined under Statement on Financial~~ Accounting Standards ~~Accounting Standards~~ Codification ~~FASB~~ (“ASC”) 915~~-205~~, “Development- Stage Entities.”, ~~The~~the Company ~~has~~is ~~adopted~~considered ~~the~~to ~~new~~be in ~~provision~~the ofdevelopment ~~FASB~~stage, ~~ASC~~with ~~915-275~~limited ~~and~~operations issince ~~not~~incorporating ~~reporting~~in ~~inception~~the toUnited ~~date activities as previously required~~States.

~~Basis~~The Company ceased selling products in September 2021, as a direct result of ~~presentation~~the Coronavirus pandemic. The Company is looking into other fields of operations and services.

~~The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States~~ Summary of ~~America,~~Significant ~~and~~Accounting pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and reflect all adjustments, consisting of normal recurring adjustments, which management believes are necessary to fairly present the financial position, results of operations and cash flows of the Company for the six months ended September 30, 2021 and for the year ended December 31, 2020.Policies

~~Use~~ Basis of ~~estimates~~Presentation

The financial ~~preparation~~statements of ~~financial~~the ~~statements~~Company have been prepared in ~~conformity~~accordance with generally accepted accounting principles ~~requires~~in ~~management to make estimates and assumptions that affect~~ the ~~reported~~United ~~amounts~~ States of ~~assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period~~America. ~~Actual results could differ from those estimates.~~

~~F-6 Table~~ Use of ~~Contents~~Estimates

~~ALPHA~~In preparing ~~NETWORK~~financial ~~ALLIANCE VENTRUES~~statements, ~~INC~~management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheet and revenue and expenses in the statement of expenses. Actual results could differ from those estimates.

~~(A DEVELOPMENT STAGE ENTERPRISE)~~Reclassifications

~~NOTES~~Certain prior TOyear ~~FINANCIAL~~amounts ~~STATEMENTS~~have been reclassified for comparative purposes to conform to the current-year financial statement presentation. These reclassifications had no effect on previously reported results of operations. In addition, certain prior year amounts from the restated amounts have been reclassified for consistency with the current period presentation.

~~UNAUDITED~~Cash and Cash Equivalents

~~September~~For the 30purposes of the statement of cash flows, ~~2021~~the Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.

~~Cash~~Concentrations of ~~and cash equivalents~~Risk

~~The~~Cash and ~~Company maintains a~~ cash ~~balance~~equivalents indeposited awith ~~non-interest-bearing~~financial ~~account~~institutions ~~that~~are ~~currently does not exceed federally~~ insured ~~limits.~~by ~~For~~ the ~~purpose~~Federal ofDeposit ~~the~~Insurance ~~statements~~Corporation of(“FDIC”). The ~~cash~~Company ~~flows,~~did ~~all~~not ~~highly~~hold ~~liquid~~cash ~~investments~~in ~~with~~excess ~~an original maturity~~ of ~~three~~FDIC ~~months~~insurance orcoverage ~~less~~at ~~are~~a ~~considered~~financial toinstitution ~~be cash equivalents. There were no cash equivalents~~ as of ~~September~~June 30, ~~2021~~2024 and December 31, ~~2020~~2023.

~~Fair value of financial instruments and derivative financial instruments~~F-6

~~The Company’s financial instruments include cash, accounts payable, and notes payable~~Accounts Receivable. All instruments are accounted for on a historical cost basis, which, due to the short maturity of these financial instruments, approximates fair value at September 30, 2021 and December 31, 2020. The Company did not engage in any transaction involving derivative instruments.

~~Inventory~~Accounts receivables are recorded at the invoiced amount and are stated net of an allowance for doubtful accounts. The allowance for doubtful accounts is the Company’s best estimate of the amount of probable credit losses in the existing accounts receivable. The allowance is based on historical collection data and current franchisee information. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. On June 30, 2024, no allowance for doubtful accounts was deemed necessary. The accounts receivable balance was $59,958 at June 30, 2024 and December 31, 2023.

Inventory is recorded at the lower of cost or market and is computed on a first-in first-out basis. The inventory consists of weight loss products, energy and performance solutions products and healthy aging solution products. Prepaid Expenses

~~Property~~The Company considers all items incurred for future services to be prepaid expenses. The prepaid expenses were $-0- and ~~Equipment~~$300 on June 30, 2024 and December 31, 2023, respectively, consisting of transfer agent fees.

~~Property~~Derivative Financial and equipment are stated at cost. Major repairs and betterments are capitalized and normal maintenance and repairs are charged to expense as incurred. Depreciation is computed by the straight-line method over the estimated useful lives of the related assets. Office and general equipment are depreciated over useful lives of 10 years and leasehold improvements are depreciated shorter of term lease and useful life of 20 years. Upon retirement or sale of an asset, the cost and accumulated depreciation are removed from the accounts and any gain or loss is reflected in operations.Instruments

~~Federal~~The Company does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks. The Company evaluates all of its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported as charges or credits to income. ~~taxes~~For option-based derivative financial instruments, The Company uses the Black-Scholes option-pricing model to value the derivative instruments at inception and subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is reassessed at the end of each reporting period. Derivative instrument liabilities are classified in the balance sheet as current or non-current based on whether or not net-cash settlement of the derivative instrument could be required within 12 months of the balance sheet date.

~~Potential~~Fair Value benefits of income tax losses are not recognized in the accounts until realization is more likely than not. The Company has adopted Accounting Standards Codification 740.10.05 “Accounting for Income Taxes” as of its inception. Pursuant to Accounting Standards Codification 740.10.05, the Company is required to compute tax asset benefits for net operating losses carried forward. Potential benefits of net operating losses have not been recognized in these financial statements because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward to future years. The U. S. Tax Act known as Tax Cuts and Jobs Act (the “2017 Act”) signed on December 22, 2017 may have changed the consequences to U. S. shareholders that own, or are considered to own, as a result of the attribution rules, 10% or more of the voting power or value of a non-U. S. corporation ( a “10% U.S. shareholder) under the U.S. Federal income tax law applicable to owners of U.S. controlled foreign corporations (“CFCs”). We did not believe any of our shareholders, or our subsidiaries were CFCs, and there will be no such impact for 2017 Act for the year ended December 31, 2020 and for the year ended December 31, 2019.Measurements

~~Net~~In September ~~income~~2006, ~~per~~the ~~share~~FASB issued ASC 820 (previously SFAS 157) which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. The provisions of ~~common~~ASC ~~stock~~820 were effective January 1, 2008.

~~Net~~As defined ~~loss~~in ~~per~~ASC ~~share~~820, fair value is ~~provided~~the inprice ~~accordance~~that ~~with~~would ~~FASB~~be ~~ASC~~received ~~260-10,~~to ~~“Earnings~~sell ~~per~~an ~~Share”.~~asset ~~Basic~~or ~~net~~paid ~~loss~~to ~~per~~transfer ~~common~~a ~~share~~liability in an orderly transaction between market participants at the measurement date (~~“EPS”~~exit price). isThe ~~computed~~Company byutilizes ~~dividing~~market ~~income~~data ~~available~~or toassumptions ~~common~~that ~~stockholders~~market byparticipants would use in pricing the ~~weighted-average~~asset ~~number~~or ofliability, ~~common~~including ~~shares~~assumptions ~~outstanding~~about ~~for~~risk and the ~~period~~risks inherent in the inputs to the valuation technique. These ~~Diluted~~inputs ~~earnings~~can ~~per~~be ~~share~~readily isobservable, ~~computed~~market bycorroborated, ~~dividing~~or ~~net~~generally ~~income~~unobservable. byThe Company classifies fair value balances based on the ~~weighted~~observations ~~average~~of ~~shares~~those ~~outstanding,~~inputs. ~~assuming~~ASC ~~all~~820 ~~dilutive~~establishes ~~potential~~a ~~common~~fair ~~shares~~value ~~were~~hierarchy ~~issued,~~that ~~unless~~prioritizes ~~doing~~the soinputs isused ~~anti-dilutive~~to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement).

~~Common~~The three ~~Stock~~levels ~~Registration~~of ~~Expenses~~the fair value hierarchy defined by ASC 820 are as follows:

~~The~~Level 1 ~~Company~~– ~~considers~~Quoted ~~incremental~~prices ~~costs~~are ~~and~~available ~~expenses~~in ~~related~~active tomarkets ~~the~~for ~~registration~~identical ofassets ~~equity~~or ~~securities~~liabilities ~~with~~as of the ~~SEC,~~reporting ~~whether~~date. byActive ~~contractual~~markets are ~~arrangement~~those asin ofwhich atransactions ~~certain~~for ~~date~~the asset or byliability ~~demand,~~occur toin besufficient ~~unrelated~~frequency toand ~~original~~volume ~~issuance~~to ~~transactions.~~provide Aspricing ~~such,~~information ~~subsequent~~on an ~~registration~~ongoing ~~costs~~basis. ~~and~~Level ~~expenses~~1 ~~are~~primarily ~~reflected~~consists inof ~~the accompanying~~ financial ~~statements~~instruments such as ~~general~~exchange-traded ~~and~~derivatives, ~~administrative~~marketable ~~expenses,~~securities and listed ~~are expensed as incurred~~equities.

FLevel 2 – Pricing inputs are other than quoted prices in active markets included in level 1, which are either directly or indirectly observable as of the reported date. Level 2 includes those financial instruments that are valued using models or other valuation methodologies. These models are primarily industry-7standard ~~Table~~models that consider various assumptions, including quoted forward prices for commodities, time value, volatility factors, and current market and contractual prices for the underlying instruments, as well as other relevant economic measures. Substantially all of ~~Contents~~these assumptions are observable in the marketplace throughout the full term of the instrument, can be derived from observable data or are supported by observable levels at which transactions are executed in the marketplace. Instruments in this category generally include non-exchange-traded derivatives such as commodity swaps, interest rate swaps, options and collars.

~~ALPHA~~Level 3 ~~NETWORK~~– ~~ALLIANCE~~Pricing ~~VENTRUES,~~inputs ~~INC~~include significant inputs that are generally less observable from objective sources. These inputs may be used with internally developed methodologies that result in management’s best estimate of fair value.

(AThe Company ~~DEVELOPMENT~~did ~~STAGE~~not ~~ENTERPRISE)~~identify any assets or liabilities that are required to be adjusted on the balance sheet to fair value as of June 30, 2024 and December 31, 2023.

~~NOTES TO FINANCIAL STATEMENTS~~Revenue Recognition

~~UNAUDITED~~Revenue is recognized when a customer obtains control of promised goods or services and is recognized in an amount that reflects the consideration that an entity expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The amount of revenue that is recorded reflects the consideration that the Company expects to receive in exchange for those goods. The Company applies the following five-step model in order to determine this amount: (i) identification of the promised goods in the contract; (ii) determination of whether the promised goods are performance obligations, including whether they are distinct in the context of the contract; (iii) measurement of the transaction price, including the constraint on variable consideration; (iv) allocation of the transaction price to the performance obligations; and (v) recognition of revenue when (or as) the Company satisfies each performance obligation.

~~September~~The Company 30only applies the five-step model to contracts when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods and service transfers to the customer. Once a contract is determined to be within the scope of ASC 606 at contract inception, ~~2021~~the Company reviews the contract to determine which performance obligations the Company must deliver and which of these performance obligations are distinct. The Company recognizes as revenues the amount of the transaction price that is allocated to the respective performance obligation when the performance obligation is satisfied or as it is satisfied. Generally, the Company’s performance obligations are transferred to customers at a point in time, typically upon delivery.

~~Research and Development~~F-7

Costs for research and development, including predevelopment efforts prior to establishing technological feasibility of software expected to be marketed, are expensed as incurred. Development costs are capitalized when technological feasibility has been established and anticipated future revenues support the recoverability of the capitalized amounts. Capitalization stops when the product is available for general release to customers. The Company has not capitalized any software development, and has expensed these costs as incurred. These costs are included in research and development expense.Income taxes

~~Revenue~~The Company’s ~~Recognition:~~policy is to provide for deferred income taxes based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates that will be in effect when the differences are expected to reverse. On January 1, 2023, the U.S. federal corporate income tax rate increased from 21% to 28%. We did not provide any current or deferred U.S. federal income tax provision or benefit for any of the periods presented because we have experienced operating losses since inception. When it is more likely than not that a tax asset cannot be realized through future income the Company must allow for this future tax benefit. We provided a full valuation allowance on the net deferred tax asset, consisting of net operating loss carryforwards, because management has determined that it is more likely than not that we will not earn income sufficient to realize the deferred tax assets during the carryforward period.

~~Revenue~~The Company is ~~measured~~not ~~based~~aware onof aany ~~consideration~~uncertain ~~specified~~tax inposition athat, ~~contract~~if ~~with~~challenged, would have a ~~customer~~material effect on the financial statements for the six months ended June 30, ~~and~~2024, ~~excludes~~or during the prior three years applicable under FASB ASC 740. We did not recognize any ~~sales~~adjustment to ~~incentives~~the liability for uncertain tax position and ~~amounts~~therefore ~~collected~~did onnot ~~behalf~~record any adjustment to the beginning balance of ~~third~~accumulated ~~parties~~deficit on the consolidated balance sheet. The Company ~~recognizes~~is ~~revenue~~in ~~when~~the itprocess ~~satisfies~~of afiling ~~performance~~all ~~obligation~~unfiled bytax ~~transferring~~returns. ~~control~~All ~~over~~tax areturns ~~product~~for orthe ~~service~~Company toremain open afor ~~customer~~examination.

~~Taxes assessed by a governmental authority that are both imposed on~~ Basic and ~~concurrent~~diluted ~~with~~net aincome ~~specific~~per ~~revenue-producing transaction, that are collected by the Company from a customer, are excluded from revenue.~~ share

~~Shipping~~Basic net ~~and~~loss ~~handling~~per ~~costs~~common ~~associated~~share ~~with~~is ~~outbound~~computed ~~freight~~using ~~after~~the ~~control~~weighted ~~over~~average anumber ~~product~~of ~~has~~common ~~transferred~~shares tooutstanding. aDiluted ~~customer~~earnings ~~are~~per ~~accounted~~share ~~for~~(EPS) include additional dilution from common stock equivalents, such as astock ~~fulfillment~~issuable ~~cost~~pursuant ~~and~~to convertible notes. Common stock equivalents are innot included in ~~cost~~the computation of ~~revenues~~diluted earnings per share when the Company reports a loss because to do so would be anti-dilutive for the periods presented. On June 30, 2024, the Company’s common stock equivalents were -0-.

The company generates wholesale revenues primarily from sale of products to retailers or distributors who are mostly Overseas Contract Workers (OCW) and majority is from the Philippines. The company typically extend credit terms to its wholesale customers based on their creditworthiness and generally do not receive advance payments. As such, we record accounts receivable at the time of shipment, when our right to the consideration becomes unconditional. Accounts receivable from our wholesale customers are typically due within 30 to 60 days of invoicing. An allowance for doubtful accounts is provided based on a periodic analysis of individual accounts balances, including an evaluation of days outstanding, payment history, recent payment trends, and the company’s assessment of its customers’ creditworthiness, As of September 30, 2021 and December 31, 2020, no allowance for doubtful accounts has been provided.Related Parties

~~Recently~~The registrant ~~Issued~~follows subtopic 850-10 of the FASB Accounting ~~Pronouncements:~~Standards Codification for the identification of related parties and disclosure of related party transactions.

~~For~~Pursuant to Section 850-10-20 the ~~nine~~Related ~~months~~parties ~~ended~~include ~~September~~(a) ~~30,~~affiliates ~~2021~~of ~~and~~the registrant; (b) entities for which investments in their equity securities would be required, absent the ~~year~~election ~~ended~~of ~~December~~the 31fair value option under the Fair Value Option Subsection of Section 825–10–15, to ~~2020~~be accounted for by the equity method by the investing entity; (c) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the ~~Company~~trusteeship ~~does~~of ~~not~~management; ~~expect~~(d) ~~any~~principal owners of the ~~recently~~registrant; ~~issued~~(e) ~~accounting~~management ~~pronouncements~~of the registrant; (f) other parties with which the registrant may deal if one party controls or can significantly influence the management or operating policies of the other to ~~have~~an aextent ~~material~~that ~~impact~~one onof the transacting parties might be prevented from fully pursuing its ~~financial~~own ~~condition~~separate interests; and (g) other parties that can significantly influence the management or ~~results~~operating policies of ~~operations~~the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.

~~Note~~The financial 2statements -shall ~~Uncertainty~~include disclosures of material related party transactions, ~~going~~other ~~concern~~than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: (a) the nature of the relationship(s) involved; (b) description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; (c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and (d) amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.

~~The~~Recently Issued ~~Company’s~~Accounting financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs to allow it to continue as a going concern. As of September 30, 2021 and December 31, 2020, the Company had an accumulated deficit of $5,612,858 and $5,138,059, respectively. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations.Standards

During the three months ended June 30, 2024, there were several new accounting pronouncements issued by the FASB. Each of these pronouncements, as applicable, has been or will be adopted by the Company. Management does not believe the adoption of any of these accounting pronouncements has had or will have a material impact on the Company’s financial statements.

In December 2023, the FASB issued ASU No. 2023-09 “Income Taxes (Topic 740): Improvements to Income Tax Disclosures” which requires two primary enhancements of 1) disaggregated information on a reporting entity’s effective tax rate reconciliation, and 2) information on cash income taxes paid. Additionally, specific disclosures related to unrecognized tax benefits and indefinite reinvestment assertions were removed. For public business entities, the new requirements will be effective for annual periods beginning after December 15, 2024. The guidance will be applied on a prospective basis with the option to apply the standard retrospectively. Early adoption is permitted. The Company is currently evaluating the effect of adopting this ASU.

NOTE 2 - GOING CONCERN

The Company’s financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenue sufficient to cover its operating costs to allow it to continue as a going concern. As of June 30, 2024, the Company has an accumulated deficit of $6,554,025 since inception. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations.

In order to continue as a going concern, the Company will need, among other things, additional capital resources. The Company is contemplating conducting an offering of its debt or equity securities to obtain additional operating capital. The Company is dependent upon its ability, and will continue to attempt, to secure equity and/or debt financing. There are no assurances that the Company will be successful and without sufficient financing it would be unlikely for the Company to continue as a going concern.

F-8 ~~Table of Contents~~

~~ALPHA~~NOTE 3 ~~NETWORK~~– ~~ALLIANCE~~RELATED ~~VENTRUES,~~PARTY ~~INC.~~TRANSACTIONS

(ARelated party ~~DEVELOPMENT~~advances ~~STAGE~~included ~~ENTERPRISE)~~in the accompanying consolidated balance sheets were loans from the Company’s CEO. The Company’s CEO has lent the Company $1,000,648 and $1,009,468 as of June 30, 2024 and December 31, 2023, respectively. These advances are unsecured, due on demand and carry no interest or collateral.

~~NOTES~~The officers TOof ~~FINANCIAL~~the ~~STATEMENTS~~Company could become involved in other business activities as they become available. This could create a conflict between the Company and the other business interests. The Company has not formulated a policy for the resolution of such a conflict should one arise.

~~UNAUDITED~~NOTE 4 – EMPLOYMENT CONTRACTS

~~September~~On November 24, 2014, the Company entered into an employment agreement with its CEO and majority shareholder for a (5) five-year employment agreement. The employment agreement calls for an annual salary of $300,000. This contract is renewed on an annual basis following the (5) year term and can be canceled by the Company or the employee. The CEO earned $75,000 under the agreement for the three months ended June 30, ~~2021~~2024, and 2023 and earned $150,000 under the agreement for the six months ended June 30, 2024 and 2023.

The balance ~~ability~~ of ~~the~~related ~~Company~~party toaccrued ~~continue~~compensation aswas a$4,325,000 ~~going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph~~ and ~~eventually~~$4,175,000 ~~secure~~as ~~other sources~~ of ~~financing~~June ~~and~~30, ~~attain~~2024, ~~profitable operations. These financial statements do not include any adjustments relating to the recoverability~~ and ~~classification~~December of31, ~~recorded asset amounts~~2023, ~~or amounts~~ respectively, and ~~classification~~reported ofin ~~liabilities~~the ~~that~~accompanying ~~might~~consolidated ~~result~~balance ~~from this uncertainty~~sheets.

~~Note~~NOTE 5 3 – ~~Property~~EQUITY ~~and Equipment, net~~TRANSACTIONS

~~Property~~The Company has two classes of stock. The Company’s common stock has 8,000,000,000 shares authorized at a par value of $0.0001 and preferred ~~equipment~~stock has 2,000,000,000 shares authorized at ~~year-end~~a ~~consisted~~par value of: $0.0001. On June 30, 2024, and December 31, 2023, the Company’s issued and outstanding common stock was 3,313,405,751 shares and issued and outstanding preferred stock was -0- shares.

	September 30,		December 31,
	2021		2020
Transportation Equipment	$	0	$	0
Less: Accumulated Depreciation		0		0
Property and equipment, net	$	0	$	0

NOTE 6 – SUBSEQUENT EVENTS

The Company ~~recorded~~evaluated ~~depreciation~~all ~~expense~~events ofor $0transactions ~~for~~that ~~the~~occurred ~~nine~~through ~~months~~August ~~ended September 30~~29, ~~2021~~2024. ~~and~~During $0this ~~for~~period, the ~~year~~Company ~~ended~~did ~~December~~not ~~31,~~have ~~2020~~any material recognizable subsequent events.

The transportation equipment was disposed in 2018. It is derecognised upon disposal because no future economic benefits are expected from its disposal. The loss arising on disposal in the amount of $3,797 is included in the expenditure.F-9

Note 4 - Related Party Transactions:

Due to related parties included in the balance sheets as of September 30, 2021 and December 31, 2020 were loans on the Company’s director and CEO, Mr. Eleazar Rivera. He has lent the Company noninterest bearing amounts of $1,145,266 as of September 30, 2021 and $1,177,544 as of December 31, 2020. Of this amount, $913,266 is designated as advances from stockholders, while $232,000 is designated as deposit for future share subscriptions. No subscribed shares are outstanding that cannot be legally issued until paid for. These advances are unsecured and there are no terms for repayment.

Note 5 - Common Stock:

Since inception, the Company has issued 108,531,251 shares of stock for $169,567 cash.

During the year ended December 31, 2012, the Company issued for cash 158,500 shares of stock for $18,750

During the year ended December 31, 2013, the Company issued for cash 205,868 shares of stock for $30,800. Additionally, the Company received $43,887 cash for 277,366 unissued shares of common stock. These shares were issued in the first quarter 2014.

The Company had the following stock transactions for the year ended December 31, 2014:

The Company issued 277,366 shares of stock for the funds received and recorded as a stock subscription for the period ending December 31, 2013.

The Company issued 514,317 shares of stock for 78,332 cash.

The company issued 200,000,000 shares for cash for and 680,000,000 shares from the deposit for future subscription for the nine months ended September 30, 2021. There were no issuance of new shares for the years 2020, 2019, 2018, 2017, 2016 and 2015.

F-9 Table of Contents

ALPHA NETWORK ALLIANCE VENTRUES, INC.

(A DEVELOPMENT STAGE ENTERPRISE)

NOTES TO FINANCIAL STATEMENTS

UNAUDITED

September 30, 2021

Note 6 – Employment Contract

On November 24, 2014, the Company entered into an employment agreement with its Chief Executive Officer and majority shareholder for a (5) five year employment agreement. The employment agreement calls for an annual salary of $300,000 plus a monthly bonus of 2% of all sales paid on a monthly basis. The agreement also includes a 10% increase every December 1st. This contract renews on an annual basis following the (5) year term and can be canceled by the Company or the employee.

On December 1, 2017, another employment agreement, with the same terms and conditions, was entered into by the company with its Chairman of the board.

The balance of this accrued compensation as of September 30, 2021 was $3,500,000. The balance at December 31, 2020 was $3,050,000.

Note 7 – Concentration Risk

The Company has one major customer that accounted for 100% or $48,166 of sales for the nine months ended September 30, 2021 and approximately 100% or $141,867 of sales for the year ended December 31, 2020. The Company expects to maintain this relationship with the customer. Consequently, The Company is also potentially subject to concentrations of credit risk in its accounts receivable. Credit risk with respect to receivables is limited due to the number of companies comprising the Company’s customer base. Although the Company is directly affected by the financial condition of its customers, management does not believe significant credit risks exist at September 30, 2021 and December 31, 2020. Generally, the Company does not require collateral or other securities to support its accounts receivable.

Note 8 – Registration statement under the Securities Act of 1933.

On April 4, 2018, the company filed with the Securities and Exchange Commission a registration statement (Form S-1) under the Securities Act of 1933 to register securities for initial public offering of 100,000,000 shares of common stock at a fixed price $0.45 per share and 10,000,000 shares of common stock offered by selling stockholders at an initial price of $0.45 and may eventually be offered at prevailing market prices or privately negotiated prices. The offering is being conducted on a self-underwritten, best effort basis, which means that management, will attempt to sell the shares. The common stock offered by the selling stockholders will not be sold until the company sells all of the 100,000,000 sales in its offering.

Any funds that will be raised from the offering of 100,000,000 common shares shall be immediately available for use as follows:

Product Development	10%	Expansion to 10 countries	20	%
Infrastructure	10%	Inventory for 6 months allocations	25	%
Executive salaries	10%	Legal and accounting	2	%
Staff salaries	20%	Transfer agent, contingencies And other expenses	3	%
Total			100	%

F-10 Table of Contents

The offering price of the 100,000,000 shares being offered has been determined arbitrarily by the management. The price does not bear any relationship to the company’s assets, book value, earnings, or other established criteria for valuing a privately held company. In determining the number of shares to be offered and the offering price, the company took into consideration its cash on hand and the amount of money that would need to implement its business plan. Accordingly, the offering price should not be considered an indication of the actual value of the securities. The will not receive any of the proceeds from the sale of the 10,000,000 common shares being offered for sale by the selling stockholders, which 10,000,000 shares of our common stock may be offered and sold from time to time by the selling stockholders. The selling shareholders will sell our shares at prevailing market prices or privately negotiated prices.

The common shares being offered for resale by the 2 selling stockholders consist 5,000,000 of our common stock, $0.0001 par value. The following table sets forth the shares beneficially owned, as of the date of the prospectus, by the selling stockholders prior to the offering by existing stockholders contemplated by this prospectus, the number of shares each selling stockholder is offering by this prospectus and the number of shares which each would own beneficially if all such offered shares are sold.

Beneficial ownership is determined in accordance with Securities and Exchange Commission rules. Under these rules, a person is deemed to be a beneficial owner of a security if that person has or shares voting power, which includes the power to vote or direct the voting of the security, or investment power, which includes the power to vote or direct the voting of the security. The person is also deemed to be a beneficial owner of any security of which that person has a right to acquire beneficial ownership within 60 days. Under the Securities and Exchange Commission rules, more than one person may be deemed to be a beneficial owner of the same securities, and a person may be deemed to be a beneficial owner of securities as to which he or she may not have any pecuniary beneficial interest. Except as noted below, each person has sole voting and investment power.

The percentages below are calculated based on 113,405,751 shares of our common stock issued and outstanding as of the date of the prospectus. The company does not have any outstanding options, warrants or other securities exercisable for or convertible into shares of our common stock. None of the selling stockholders is a broker-dealer or an affiliate of a broker-dealer.

Name of selling shareholder	Shares ownedbefore offering		Total No. ofshares to beoffered		Total sharesowned afteroffering		Percentage of shares ownedafter offering
Eleazar Rivera		50,543,020		5,000,000		45,543,020		21.34	%
Ronnie Tan		51,418,000		5,000,000		46,418,000		21.75	%
Total		101,961,020		10,000,000		91,961,020		43.09	%

Note 9 - Subsequent Events

Alpha’s management has evaluated events occurring between September 30, 2021 and November 18, 2021, which is the date of the financial statements were available to be issued, and has recognized in the financial statements the effects of all subsequent events that provide additional evidence about conditions that existed at August 18, 2021, including the estimates inherent in the processing of the financial statements.

F-11 Table of Contents

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

The following information should be read in conjunction with (i) the consolidated financial statements of Alpha Network Alliance Ventures Inc., a Delaware corporation and development stage company, and the notes thereto appearing elsewhere in this Form 10-Q together with (ii) the more detailed business information and the December 31, ~~2019~~2022 audited financial statements and related notes included in the Company’s ~~most recent Annual Report on~~ Form 10~~-K (File No. 000-54126)~~, as filed with the SEC on ~~June~~November 242, ~~2021~~2023. Statements in this section and elsewhere in this Form 10-Q that are not statements of historical or current fact constitute “forward-looking” statements.

OVERVIEW

Alpha Network Alliance Ventures Inc. is a development stage company. We were incorporated under the laws of the State of Delaware on August 12, 2010, and are engaged in the development of a social networking website, www.kababayanko.com, for overseas workers from the Philippines and others who share or are interested in their lifestyle. Our fiscal year end is December 31, and we have no subsidiaries. Our social networking website aims to provide overseas workers from the Philippines with a platform to share their overseas working and living experiences, and interact with a community of Filipino overseas workers from around the world.

~~Our~~Though there ~~business~~can ~~offices~~be ~~are~~no ~~currently~~assurance ~~located~~ at ~~11801~~the ~~Pierce~~present ~~St.~~time, ~~2nd~~we ~~Floor,~~expect ~~Riverside,~~to ~~California~~start ~~92505.~~generating Werevenues ~~have~~within a6 ~~website~~to ~~located~~12 atmonths ~~www.kababayanko.com;~~following ~~however, the information contained on our website does not form a part of this Form 10-Q~~launch.

We are in the early stage of our business plan. We currently have no revenues and no customers. Our activities to date have been limited to organizational matters, development of our business plan, development of our website, and efforts related to becoming a publicly traded company.

Our administrative offices are currently located at 11801 Pierce St., 2nd Floor, Riverside, California 92505. We also conduct sales and marketing operations from Suite 4K Renoir of Legrand 3, Eastwood City, Bagumbayan, Quezon City, Second District, Philippines.

Going Concern

To date the Company has little operations and little revenues and consequently has incurred recurring losses from operations. No revenues are anticipated until we complete the financing described in our Registration Statement on Form S-1, as amended (File No. 333-182596), declared effective by the SEC on March 18, 2014, and implement our initial business plan. The ability of the Company to continue as a going concern is dependent on raising capital to fund our 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.

Our activities have been financed primarily from cash loans in the principal amount of $1,~~145~~000,~~266~~468 from our sole director and officer. Of this amount, $913,266 is designated as advances from stockholders, while $232,000 is designated as deposit for future share subscriptions. No subscribed shares are outstanding that cannot be legally issued until paid for. These advances are unsecured and there are no terms for repayment.

CRITICAL ACCOUNTING POLICIES

~~The~~Please refer ~~discussion~~to ~~and~~Note ~~analysis~~2 of- ~~our~~Summary ~~financial condition and results~~ of ~~operations~~Significant ~~are~~Accounting ~~based~~Policies ~~on our consolidated financial statements, which have been prepared~~ in ~~accordance with accounting principles generally accepted in~~ the ~~United~~accompanying ~~States~~Notes ~~(“US GAAP”). The preparation of these consolidated financial statements requires us~~ to ~~make estimates and judgments that affect~~ the ~~reported~~Financial ~~amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities~~Notes. On an ongoing basis, we evaluate our estimates based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. We have identified the policies below as critical to our business operations and to the understanding of our financial results:

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Development Stage Company

The Company is considered to be in the development stage as defined in Statement of Financial Accounting Standards (SFAS) No. 7, “Accounting and Reporting by Development Stage Enterprises”. The Company has devoted substantially all of its efforts to business planning, and development. Additionally, the Company has allocated a substantial portion of their time and investment in bringing their product to the market, and the raising of capital.

Use of Estimates

The Company prepares financial statements in conformity with generally accepted accounting principles that require management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Although these estimates are based on management’s knowledge of current events and actions it may undertake in the future, they may ultimately differ from actual results.

Cash and Cash Equivalents

The Company considers all highly liquid instruments purchased with maturities of one year or less to be cash equivalents.

Property and Equipment

Property and equipment are stated at cost. Major repairs and betterments are capitalized and normal maintenance and repairs are charged to expense as incurred. Depreciation is computed by the straight-line method over the estimated useful lives of the related assets. Upon retirement or sale of an asset, the cost and accumulated depreciation are removed from the accounts and any gain or loss is reflected in operations.

Fair Value of Financial Instruments

The fair value of cash and cash equivalents and accounts receivable and accounts payable approximates their carrying amount.

PLAN OF OPERATION

We are a development stage corporation which operates a food products and beverage business and have not yet generated or realized only nominal revenues from our business.

Our plan of operation for the following 12 months is as follows, provided that we raise sufficient funds to commence such plan:

We currently ~~have~~do ~~filed~~not ~~with~~have ~~the~~any ~~SEC~~arrangements afor ~~Registration~~financing, ~~Statement~~and onwe ~~Form~~may ~~S-1~~not ~~with~~be ~~respect~~able to aobtain ~~public~~financing ~~offering~~when ofrequired. ~~100,000,000~~Our ~~shares~~future ofis dependent upon our ~~common~~ability ~~stock~~to obtain further financing, ~~which~~the ~~offering~~successful isdevelopment ~~being~~of ~~made~~our onplanned abusiness ~~self-underwritten~~consulting ~~basis~~services, a successful marketing and nopromotion ~~minimum~~program, ~~number~~and ofachieving ~~shares~~a ~~must~~profitable belevel ~~sold~~of inoperations. ~~order~~The ~~for~~issuance ~~the~~of ~~offering~~additional toequity ~~proceed.~~securities ~~The~~by ~~net~~us ~~proceeds~~could toresult in usa ~~from~~significant dilution in the ~~sale~~equity interests of upour tocurrent ~~100~~stockholders. Obtaining commercial loans,~~000,000~~ ~~shares~~assuming ~~offered~~those atloans awould be ~~public~~available, ~~offering~~will ~~price~~increase ofour $0liabilities and future cash commitments.45 ~~per~~There ~~share~~are no assurances that we will ~~vary~~be ~~depending~~able ~~upon~~to ~~the~~obtain ~~total~~further funds ~~number~~required offor ~~shares~~our ~~sold~~continued operations. ~~Regardless~~Even ofif ~~the~~additional ~~number~~financing ofis ~~shares sold~~available, weit ~~expect~~may tonot ~~incur~~be ~~offering~~available ~~expenses~~on ~~estimated~~terms atwe ~~$16,899~~find ~~for~~favorable. At ~~legal,~~this ~~accounting~~time, ~~printing~~there ~~and~~are ~~other~~no ~~costs~~anticipated sources of additional funds in ~~connection~~place. ~~with~~Failure ~~this~~to ~~prospective~~secure ~~offering~~the needed additional financing will have an adverse effect on our ability to remain in business.

5 Table of Contents

The following table sets forth the uses of proceeds from the primary offering would be used assuming the sale of 25%, 50%, 75% and 100%, respectively, of the securities offered for sale by the Company. There is no assurance that we will raise the full $45,000,000 as anticipated.

							If 25% of Shares Sold		If 50% of Shares Sold		If 75% of Shares Sold		If 100% of Shares Sold
Gross Proceeds from this offering	Itemized %			Total %			$	11,250,000	$	22,500,000	$	33,750,000	$	45,000,000
Product Development
Company Acquisition and Development					10	%	$	1,125,000	$	2,250,000	$	3,375,000	$	4,500,000
Health and Wellness Industry		5	%				$	562,500	$	1,125,000	$	1,687,500	$	2,250,000
Technology Company		5	%				$	562,500	$	1,125,000	$	1,687,500	$	2,250,000
TOTAL							$	1,125,000	$	2,250,000	$	3,375,000	$	4,500,000
Infra Structures					10	%	$	1,125,000	$	2,250,000	$	3,375,000	$	4,500,000
Licensing & Development		5	%				$	562,500	$	1,125,000	$	1,687,500	$	2,250,000
Corporate Office Acquisition		5	%				$	562,500	$	1,125,000	$	1,687,500	$	2,250,000
TOTAL							$	1,125,000	$	2,250,000	$	3,375,000	$	4,500,000
Executives Salaries (Max 10)					10	%	$	1,125,000	$	2,250,000	$	3,375,000	$	4,500,000
Founder Dato		1.35	%				$	151,875	$	303,750	$	455,625	$	607,500
Founder Lance		1.35	%				$	151,875	$	303,750	$	455,625	$	607,500
CEO		1.20	%				$	135,000	$	270,000	$	405,000	$	540,000
President		1.10	%				$	123,750	$	247,500	$	371,250	$	495,000
CFO		1.00	%				$	112,500	$	225,000	$	337,500	$	450,000
COO		1.00	%				$	112,500	$	225,000	$	337,500	$	450,000
CMO		1.00	%				$	112,500	$	225,000	$	337,500	$	450,000
CIO		1.00	%				$	112,500	$	225,000	$	337,500	$	450,000
CSO		1.00	%				$	112,500	$	225,000	$	337,500	$	450,000
TOTAL							$	1,125,000	$	2,250,000	$	3,375,000	$	4,500,000
Staffs Salary (Max 70)					20	%	$	2,250,000	$	4,500,000	$	6,750,000	$	9,000,000
VP Country (10 Countries)		4.0	%				$	450,000	$	900,000	$	1,350,000	$	1,800,000
HR Manager (10 C’ries)		2.5	%				$	281,250	$	562,500	$	843,750	$	1,125,000
Sales & Marketing Manager (10 C)		2.5	%				$	281,250	$	562,500	$	843,750	$	1,125,000
Marketing Manager (10 C)		2.50	%				$	281,250	$	562,500	$	843,750	$	1,125,000
Finance Manager (10 C)		2.50	%				$	281,250	$	562,500	$	843,750	$	1,125,000
CS Manager (10 C)		2.50	%				$	281,250	$	562,500	$	843,750	$	1,125,000
Rank & File (10 C)		3.50	%				$	393,750	$	787,500	$	1,181,250	$	1,575,000
TOTAL							$	2,250,000	$	4,500,000	$	6,750,000	$	9,000,000

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Expansion (10 Countries Max)			20	%	$	2,250,000	$	4,500,000	$	6,750,000	$	9,000,000
USA	3	%			$	337,500	$	675,000	$	1,012,500	$	1,350,000
Canada	1.50	%			$	168,750	$	337,500	$	506,250	$	675,000
Mexico	2	%			$	225,000	$	450,000	$	675,000	$	900,000
Malaysia	2	%			$	225,000	$	450,000	$	675,000	$	900,000
Philippines	2	%			$	225,000	$	450,000	$	675,000	$	900,000
Indonesia	2	%			$	225,000	$	450,000	$	675,000	$	900,000
Singapore	1.50	%			$	168,750	$	337,500	$	506,250	$	675,000
Thailand	2	%			$	225,000	$	450,000	$	675,000	$	900,000
Russia	2	%			$	225,000	$	450,000	$	675,000	$	900,000
Turkey	2	%			$	225,000	$	450,000	$	675,000	$	900,000
TOTAL					$	2,250,000	$	4,500,000	$	6,750,000	$	9,000,000
Inventory (6 Months Allocation)			25	%	$	2,812,500	$	5,625,000	$	8,437,500	$	11,250,000
Weight Loss Products	10	%			$	1,125,000	$	2,250,000	$	3,375,000	$	4,500,000
Dental Products	5	%			$	562,500	$	1,125,000	$	1,687,500	$	2,250,000
Supplements Products	2.50	%			$	281,250	$	562,500	$	843,750	$	1,125,000
Beverage Products	2.50	%			$	281,250	$	562,500	$	843,750	$	1,125,000
Technology Gadgets	2.50	%			$	281,250	$	562,500	$	843,750	$	1,125,000
Kits & Promotional & Collaterals	2	%			$	225,000	$	450,000	$	675,000	$	900,000
Others eg stationary	0.50	%			$	56,250	$	112,500	$	168,750	$	225,000
TOTAL					$	2,812,500	$	5,625,000	$	8,437,500	$	11,250,000
Legal & Accounting			2	%	$	225,000	$	450,000	$	675,000	$	900,000
SEC Lawyer	0.20	%			$	22,500	$	45,000	$	67,500	$	90,000
Residence Legal Team	0.70	%			$	78,750	$	157,500	$	236,250	$	315,000
External Auditor	0.20	%			$	22,500	$	45,000	$	67,500	$	90,000
Internal Auditor	0.20	%			$	22,500	$	45,000	$	67,500	$	90,000
Residence Finance Team	0.70	%			$	78,750	$	157,500	$	236,250	$	315,000
TOTAL					$	225,000	$	450,000	$	675,000	$	900,000
Transfer Agent			0.20	%	$	22,500	$	45,000	$	67,500	$	90,000
Over All Media Advertising & Printing			0.80	%	$	90,000	$	180,000	$	270,000	$	360,000
Contingency			2	%	$	225,000	$	450,000	$	675,000	$	900,000
GRAND TOTAL			100.00	%	$	11,250,000	$	22,500,000	$	33,750,000	$	45,000,000

The above figures represent only estimated costs. All proceeds will be deposited into our corporate bank account. Any funds that we raise from our offering of 100,000,000 shares will be deposited in a Company bank account in the United States immediately available for our use and will not be returned to investors. We do not have any arrangements to place the funds received from our offering of $45,000,000 in an escrow, trust or similar account. Accordingly, if we file for bankruptcy protection or a petition for involuntary bankruptcy is filed by creditors against us, your funds will become part of the bankruptcy estate and administered according to the bankruptcy laws. If a creditor sues us and obtains a judgment against us, the creditor could garnish the bank account and take possession of the subscriptions.

We currently do not have any arrangements for further financing and we may not be able to obtain financing when required. Our future is dependent upon our ability to obtain further financing, the successful development of our planned business consulting services, a successful marketing and promotion program, and achieving a profitable level of operations. The issuance of additional equity securities by us could result in a significant dilution in the equity interests of our current stockholders. Obtaining commercial loans, assuming those loans would be available, will increase our liabilities and future cash commitments. There are no assurances that we will be able to obtain further funds required for our continued operations. Even if additional financing is available, it may not be available on terms we find favorable. At this time, there are no anticipated sources of additional funds in place. Failure to secure the needed additional financing will have an adverse effect on our ability to remain in business.

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Results of Operations

Results of Operations for the ~~Quarter~~Three Months Ended ~~September~~June 30, ~~2021~~2024, and ~~2020~~2023

~~The~~Overview. We ~~Company’s~~generated ~~revenue~~sales ~~was~~of $~~15,941~~-0- ~~and $32,425~~ for the ~~quarters~~three months ended ~~September~~June 30, ~~2021~~2024, and ~~2020,~~2023. ~~respectively,~~The aCompany ~~decrease~~has generated net losses of $1676,~~484~~762 and $75,300 orfor ~~51%.~~the ~~All~~three ofmonths ~~the~~ended ~~Company’s~~June ~~revenue~~30, ~~was~~2024, ~~derived~~and ~~from~~2023, ~~sales~~respectively. The increase in net loss of ~~food~~$1,462 ~~supplements~~is onattributable anto ~~on-line~~the ~~market~~factors discussed below.

~~Total expenses were $160,114 for the quarter ended September 30, 2021 as compared to $175,087 for the quarter ended September 30, 2020, a decrease of $14,973 or 8~~Revenues.~~55%.~~ We ~~Wages~~had ~~were~~revenues ~~$150,000 or 93.68%~~ of ~~the Company’s total expenses for the quarter ended September 30, 2021 and~~ $151,353 or 92.17% of the Company’s total expenses for the quarter ended September 30, 2020. Travel was $5,428 or 3.39% of the Company’s total expenses for the quarter ended September 30, 2021 and $6,688 or 3.82% of the Company’s total expenses for the quarter ended September 30, 2020. Professional fees were $3,000 or 1.87% of the Company’s total expenses for the quarter ended September 30, 2021 and $4,000 or 2.28% of the Company’s total expenses for the quarter ended September 30, 2020. Rent was $-0- for the ~~quarter~~three ~~ended~~months ~~September 30, 2021 and $0 for the quarter~~ ended ~~September~~June 30, ~~2020. Computer and Internet expenses were $699 or 0.43% of the Company’s total expenses for the quarter ended September 30~~2024, ~~2021~~ and ~~$5,000 or 2~~2023.~~86%~~ ofWe ~~the~~anticipated ~~Company’s~~generating ~~total~~revenues ~~expenses~~in ~~for the quarter ended September 30, 2020~~2025. Other general and administrative expenses were $987 or 0.61% of the Company’s total expenses for the quarter ended September 30, 2021 and $7,763 or 4.43% of the Company’s total expenses for the quarter ended September 30, 2020.

~~Net~~Expenses. For ~~loss was $160,114 for~~ the ~~quarter~~three months ended ~~September~~June 30, ~~2021~~2024, ~~compared~~and to2023, ~~a net loss of $175~~respectively,~~087~~ ~~for~~we ~~the~~incurred ~~quarter~~total ~~ended~~operating ~~September~~expenses ~~30,~~of ~~2020~~76,762 aand ~~decrease of~~ $1475,~~974 or 8~~300.~~55%.~~ The increase ~~decrease~~of in$1,462 ~~net loss~~ was primarily ~~the~~attributable ~~result~~to ofan ~~the~~approximate ~~Company’s revenue remaining the same while its expenses decreased by a larger ratio~~$1,000 asincrease ain ~~percentage~~professional offees ~~revenue~~ for ~~the~~accounting ~~quarter~~and ~~ended~~legal ~~September 30, 2021 as compared to the quarter ended September 30, 2020~~fees.

Results of Operations for the ~~Nine~~Six Months Ended ~~September~~June 30, ~~2021~~2024, and ~~2020~~2023

~~The~~Overview. We ~~Company’s~~generated ~~revenue~~sales ~~was~~of $~~48,166~~-0- ~~and $109,804~~ for the ~~nine~~six months ended ~~September~~June 30, ~~2021~~2024, and ~~2020,~~2023. ~~respectively,~~The aCompany ~~decrease~~has generated net losses of $61155,~~638~~442 and $152,419 orfor ~~56.13%. All of~~ the ~~Company’s~~six ~~revenue~~months ~~was~~ended ~~derived~~June ~~from~~30, ~~sale~~2024, ~~of beauty products~~ and ~~food~~2023, ~~supplement~~respectively. The ~~decrease~~increase in ~~revenue~~net ~~was~~loss ~~primarily~~of $3,023 is attributable to ~~covid~~the 19factors discussed ~~pandemic~~below.

~~Total expenses were $490,867 for the nine months ended September 30, 2021 as compared to $529,836 for the nine months ended September 30, 2020, a decrease of $38,969 or 7~~Revenues.~~35%.~~ We ~~Wages~~had ~~were~~revenues ~~$450,000 for the nine months ended September 30, 2021 as compared to $454,978 for the nine months ended September 30, 2020, a decrease~~ of $4,978 or 3.61%. Travel was $19,402 or 3.66% of the Company’s total expenses for the nine months ended September 30, 2021 and $62,290 or 1.09% of the Company’s total expenses for the nine months ended September 30, 2020. Professional fees were $9,632 or 1.96% of the Company’s total expenses for the nine months ended September 30, 2021 and $12,750 or 2.40% of the Company’s total expenses for the nine months ended September 30, 2020. Rent was $-0- for the ~~nine~~six months ended ~~September~~June 30, ~~2021 and was $79 or 0.001% of the Company’s total expenses for the nine months ended September 30~~2024, ~~2020. Computer~~ and ~~Internet expenses were $1,762 or 0~~2023.~~37%~~ ofWe ~~the~~anticipated ~~Company’s~~generating ~~total~~revenues ~~expenses~~in ~~for the nine months ended September 30, 2021 and $11,361 or 2~~2025.14% of the Company’s total expenses for the nine months ended September 30, 2020. Other general and administrative expenses were $11,478 or 2.33% of the Company’s total expenses for the nine months ended September 30, 2021 and $30,952 or 5.84% of the Company’s total expenses for the nine months ended September 30, 2020.

~~Net~~Expenses. For ~~income (loss) was a net loss of $474,800 for~~ the ~~nine~~six months ended ~~September~~June 30, ~~2021,~~2024 ~~compared~~and to2023, ~~a net loss of $529~~respectively,~~836~~ ~~for~~we ~~the~~incurred ~~nine~~total ~~months~~operating ~~ended~~expenses ~~September~~of 30155,442 ~~2020,~~and ~~a decrease of~~ $38152,~~969 or 7~~419.~~35%.~~ The increase ~~decrease~~of in$3,023 ~~net loss~~ was primarily ~~the~~attributable ~~result~~to ofan ~~the~~approximate ~~Company’s revenue remaining the same while its expenses decreased by a larger ratio~~$5,000 asincrease ain ~~percentage~~professional offees ~~revenue~~ for ~~the~~accounting ~~nine~~and ~~months~~legal ~~ended~~fees ~~September~~offset by ~~30,~~an ~~2021~~approximate as$2,000 ~~compared~~decrease toin ~~the~~travel ~~nine months ended September 30, 2020~~expenses.

~~8 Table of Contents~~4

Liquidity and Capital Resources

AsOur cash ofbalance ~~September~~was ~~30,~~$-0- ~~2021,~~and weworking ~~had~~capital ~~cash~~deficit ~~totaling~~was $25,~~625~~319,020 ~~total~~on ~~assets~~June ~~of $91~~30,~~463,~~ ~~total~~2024 ~~liabilities~~compared to a cash balance of $48,~~701,315~~974 and working capital deficit of $(45,~~609~~163,~~852).~~578 Weat doDecember ~~not~~31, ~~have~~2023. ~~sufficient~~Total ~~cash~~expenditures onover ~~hand~~the tonext ~~commence our~~ 12~~-month~~ ~~plan~~months ofare ~~operation~~expected or to ~~fund~~be ~~our~~approximately ~~ongoing operational expenses~~$50,000. WeIf ~~will~~we experience ~~need~~a toshortage ~~raise~~of funds prior to ~~commence~~generating ~~our~~revenues ~~12-month~~from ~~plan~~operations ofwe ~~operation~~may ~~and~~utilize ~~fund~~funds ~~our ongoing operational expenses. Additional funding will likely come~~ from ~~equity financing from the sale of~~ our ~~common stock. If we are successful in completing an equity financing~~CEO, ~~existing~~who ~~shareholders~~has ~~will~~informally ~~experience~~agreed to ~~dilution~~advance offunds ~~their interest in our Company. We do not have any financing arranged and we cannot provide investors with any assurance that we will be able~~ to ~~raise~~allow ~~sufficient~~us ~~funding from the sale of our common stock~~ to ~~fund~~pay ~~our~~for ~~12-month~~operating ~~plan of operation and ongoing operational expenses. In the absence of such financing~~costs, ~~our~~however ~~business~~they ~~will~~have ~~likely fail. There are~~ no ~~assurances~~formal ~~that~~commitment, wearrangement ~~will~~or belegal ~~able~~obligation to ~~achieve further sales of our common stock~~ advance or ~~any~~loan ~~other~~funds ~~form~~to ~~of additional financing~~us. IfThe weCEO ~~are~~believes ~~unable to achieve the financing necessary to continue~~ our ~~plan~~current ofcash ~~operations,~~balance ~~then we~~ will not be ~~able~~sufficient to ~~continue~~fund our ~~12-month~~operations ~~plan~~for ofthe ~~operation~~next ~~and~~twelve ~~our business will fail~~months.

~~Subsequent~~As of ~~Events~~June 30, 2024, our total assets were $59,958 and was comprised of accounts receivable of $59,958.

~~None~~As of ~~through~~June ~~date~~30, 2024, our current liabilities of ~~this~~$5,378,978 ~~filing~~were comprised of accounts payable of $53,510, related party advances of $1,000,468 and related party accrued compensation $4,325,000. As of June 30, 2024, our stockholders’ deficiency was $5,319,020.

Cash Flows from Operating Activities

Since inception, we have not generated substantial positive cash flows from operating activities. Net cash provided (used) in operations was $26 and ($194) for the six months ended June 30, 2024, and 2023, respectively.

Cash Flows from Financing Activities

For the six months ended June 30, 2024, and 2023, net cash flows provided (used) by financing activities were ($9,000) and $-0-, respectively, from cash repayments to our CEO.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

As a smaller reporting company (as defined in Rule 12b-2 of the Exchange Act), we are not required to provide the information called for by this Item 3.

ITEM 4. CONTROLS AND PROCEDURES.

DISCLOSURE CONTROLS AND PROCEDURES

Under the supervision and with the participation of our management, our principal executive officer and our principal financial officer are responsible for conducting an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as of the end of the fiscal year covered by this report. Disclosure controls and procedures means that the material information required to be included in our Securities and Exchange Commission reports is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms relating to our company, including any consolidating subsidiaries, and was made known to us by others within those entities, particularly during the period when this report was being prepared. Based on this evaluation, our principal executive officer and principal financial officer concluded as of the evaluation date that our disclosure controls and procedures were not effective as of ~~September~~June 30, ~~2021~~2024.

There were no changes in the Company’s internal controls over financial reporting during the most recently completed fiscal quarter that have materially affected or are reasonably likely to materially affect the Company’s internal control over financial reporting.

~~9 Table of Contents~~5

PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS.

The Company is not currently subject to any pending or threatened legal proceedings. From time to time, the Company may become subject to litigation or proceedings in connection with its business, as either a plaintiff or defendant. There are no such pending legal proceedings to which the Company is a party that, in the opinion of management, is likely to have a material adverse effect on the Company’s business, financial condition or results of operations.

ITEM 1A. RISK FACTORS

As a smaller reporting company (as defined in Rule 12b-2 of the Exchange Act), we are not required to provide the information called for by this Item 1A.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

None.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES.

None.

ITEM 4. MINE SAFETY DISCLOSURES.

None.

ITEM 5. OTHER INFORMATION.

None.

~~10 Table of Contents~~6

ITEM 6. EXHIBITS.

(a) Exhibits required by Item 601 of Regulation SK.

Exhibit		Description

2.1		Agreement and Plan of Merger dated June 1, 2011 by and between Registrant and Alpha Network Alliance Ventures Inc. (1)
3.1.1		Certificate of Incorporation of Registrant (2)
3.1.2		Certificate of Merger (3)
3.1.3		Certificate of Amendment to Articles of Incorporation (3)
3.2		Bylaws (2)
31.1		Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2		Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1		Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS *		Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document).
101.SCH *		Inline XBRL Taxonomy Extension Schema Document.
101.CAL *		Inline XBRL Taxonomy Extension Calculation Linkbase Document.
101.DEF *		Inline XBRL Taxonomy Extension Definition Linkbase Document.
101.LAB *		Inline XBRL Taxonomy Extension Labels Linkbase Document.
101.PRE *		Inline XBRL Taxonomy Extension Presentation Linkbase Document.
104 *		Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101).

____________

*	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.
(1)	Incorporated by reference to the Registrant’s Form 8-K (File No. 000-54126) filed with the Commission on June 13, 2011.
(2)	Incorporated by reference to the Registrant’s Form 10 (File No. 000-54126) filed with the Commission on September 23, 2010.
(3)	Incorporated by reference to the Registrant’s Form S-1 (File No 333-182596) filed with the Commission on July 10, 2012.

~~11 Table of Contents~~7

SIGNATURES

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

	ALPHA NETWORK ALLIANCE VENTURES INC.
	(Name of Registrant)
Date: November 18, 2021	By:	/s/ Eleazar Rivera
Date: August 29, 2024	By:	/s/ Eleazar Rivera
	Name:	Eleazar Rivera
	Title:	President, Secretary and Treasurer~~(principal executive officer,~~
		principal financial officer, andprincipal accounting officer)
		(principal executive officer,
		principal financial officer, and
		principal accounting officer)

128

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