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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

Washington, D.C. 20549

FORM 10-Q

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

~~For~~☒ Quarterly ~~the~~Report ~~quarterly~~Pursuant ~~period~~to ~~ended~~Section ~~September~~13 ~~30,~~or ~~2014~~15(d) of the Securities Exchange Act of 1934

For the quarterly period ended March 31, 2025

¨☐ ~~TRANSITION~~Transition ~~REPORT~~Report ~~PURSUANT~~Pursuant TOto ~~SECTION~~Section 13 ORor 15(d) OFof ~~THE~~the ~~SECURITIES~~Securities ~~EXCHANGE~~Exchange ~~ACT~~Act OFof 1934

For the transition period from ~~___________~~_________ to ~~__________~~_________

Commission File ~~No.~~ Number: 000-~~27739~~27739MINERALRITE CORPORATION (Exact name of registrant as specified in its charter)

MINERALRITE CORPORATION

Texas		90-0315909

(State or other jurisdiction of Incorporation or organization)		(I.R.S Employer Identification No.)

325 N. St. Paul Street – Suite 3100 Dallas, Texas 75201		75201
(Address of principal executive offices)		(Zip code)

(~~Exact~~469) 881-8900 (Registrant’s ~~name~~telephone ofnumber, ~~registrant~~including asarea ~~specified in its charter~~code)

Nevada	90-0315909
(State or other jurisdiction of	(I.R.S. Employer
incorporation or organization)	Identification No.)

Securities registered pursuant to Section 12(g) of the Act

55Title ~~South~~of ~~Geneva~~each ~~Road~~class Trading Symbols(s) Name of each exchange on which registered Common stock - OTC Pink Series A Preferred None Series B Preferred None Series C Preferred None Series D Preferred None Series NMC Preferred None

~~Lindon~~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 ~~Utah~~(2) ~~84042~~has been subject to such filing requirements for the past 90 days. ☒ Yes ☐ No

~~(Address~~Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of ~~principal~~Regulation ~~executive~~S-T ~~offices,~~(§232.405 ~~zip~~of ~~code~~this chapter) during the preceding 12 months. ☒ Yes ☐ No

~~(801)~~Indicate by ~~796~~check mark whether the registrant a large accelerated filer, an accelerated filer, a non-~~8944~~accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

~~(Registrant’s~~Large ~~telephone~~accelerated ~~number,~~filer ~~including~~☐ ~~area~~Accelerated ~~code)~~filer ☐ Non-accelerated filer ☐ Smaller reporting company ☒ Emerging growth company ☒

~~(Former~~If an ~~name~~emerging growth company, ~~former~~indicate ~~address~~by ~~and~~check ~~former~~mark ~~fiscal~~if ~~year,~~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. ☐

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

~~Indicate by check mark whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d)~~ As of ~~the~~March ~~Securities~~31, ~~Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports)~~2025, ~~and~~there ~~(2) has been subject to such filing requirements for the past 90 days.~~were:

~~Yes x No~~105,000 shares oof Series A Preferred Stock outstanding;

~~Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site~~13,500 shares ~~if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405~~ of ~~Regulation~~Series ~~S-T~~B ~~(§232.405~~Preferred ofStock ~~this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).~~outstanding;

~~Yes x No~~8,589 shares oof Series C Preferred Stock outstanding;

~~Indicate by check mark whether the registrant is a large accelerated filer~~4,000 shares ~~an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions~~ of ~~“large~~Series ~~accelerated~~D ~~filer,”~~Preferred ~~“accelerated~~Stock ~~filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (check one):~~outstanding;

~~Large~~6,900,000 shares ~~accelerated~~of ~~filer~~Series oNMC ~~Accelerated~~Preferred ~~filer~~Stock ooutstanding; ~~Non-accelerated filer o (Do not check if a smaller reporting company) Smaller reporting company x~~and

~~Indicate~~4,347,776,842 shares ~~by check mark whether the registrant is a shell company (as defined in Exchange Act Rule 12b-2~~ of ~~the~~Common ~~Exchange~~Stock ~~Act):~~outstanding

~~Yes o No~~PART I. xFINANCIAL INFORMATION

~~APPLICABLE~~Item 1. ~~ONLY~~Financial ~~TO ISSUERS INVOLVED IN BANKRUPTCY~~Statements

~~PROCEEDINGS~~● ~~DURING~~Balance ~~THE~~Sheets ~~PRECEDING~~as ~~FIVE~~of ~~YEARS:~~March 31, 2025, and March 31, 2024

~~Indicate~~● byStatements ~~check~~of ~~mark~~Operations ~~whether~~for the ~~registrant~~three ~~has~~months ~~filed~~ended ~~all~~March ~~documents~~31, 2025, and ~~reports~~March ~~required to be filed by Sections 12~~31, ~~13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.~~2024

~~Yes o No~~● oStatements of Cash Flows for the three months ended March 31, 2025, and March 31, 2024

~~APPLICABLE~~● ~~ONLY~~Statements TOof ~~CORPORATE~~Stockholders’ ~~ISSUERS~~Equity for the three months ended March 31, 2025, and March 31, 2024

~~The~~● ~~number~~Notes ofto ~~shares~~Financial ~~of Common Stock, $0.0001 par value, outstanding on March 30, 2015 was 2,331,524,097~~Statements

~~TABLE OF CONTENTS~~1

		PAGE
PART I	FINANCIAL INFORMATION	3
ITEM 1.	FINANCIAL STATEMENTS	3
ITEM 2.	MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	28
ITEM 3.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	31
ITEM 4.	CONTROLS AND PROCEDURES	31
PART II	OTHER INFORMATION	33
ITEM 1.	LEGAL PROCEEDINGS	33
ITEM 1A.	RISK FACTORS	33
ITEM 2.	UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS	33
ITEM 3.	DEFAULTS UPON SENIOR SECURITIES	34
ITEM 4.	MINE SAFETY DISCLOSURES	34
ITEM 5.	OTHER INFORMATION	34
ITEM 6.	EXHIBITS	34

MineralRite Corp

Balance Sheet

For the Quarter Period Ending March 31, 2025, and March 31, 2024

(Unaudited)

	3/31/2025			3/31/2024
ASSETS
Current assets:
Cash and cash equivalents	$	29,200		$	1,716
Accounts receivable		—			—
Inventory		—			—
Employee advances		—			—
Note Receivable		—			—
Prepaid services		6,496			—
Total current assets	$	35,696		$	1,716

Property and equipment:
Property, Plant & Equipment		438,414			438,414
Less: accumulated depreciation & write downs		198,414			79,592
Total property and equipment, net	$	240,000		$	358,822

Other assets:
Prepaid services - long-term portion		—			—
Mineral assets		432,004,658			—
Less: accumulated depletion		—			—
Total other assets	$	432,004,658		$	—

Total assets	$	432,280,354		$	360,538

LIABILITIES & STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	8,716		$	27,583
Other liabilities		5,000,000			—
Liability due to committed shares in excess of authorized		—			—
Total current liabilities	$	5,008,716		$	27,583

Long-term liabilities:
Convertible debt	$	117,500		$	1,033,927
Notes Payable		43,321			-
Derivative liabilities		—			—
Total long-term liabilities	$	160,821		$	1,033,927

Total liabilities	$	5,169,537		$	1,061,510

STOCKHOLDER’S EQUITY
Series A Preferred Stock, no par value, 105,000 authorized 105,000 issued at 03/31/25; 105,000 issued at 03/31/24.	$	105		$	105
Series B Preferred Stock, no par value; 33,000 authorized 13,500 issued at 03/31/25; 13,500 issued at 03/31/24.		14			14
Series C Preferred Stock, no par value; 100,000 authorized 8,589 issued at 03/31/25; 6,970 issued at 03/31/24.		528,285			349,515
Series D Preferred Stock, no par value; 35,000 authorized 4,000 issued at 03/31/25; 0 issued at 03/31/24.		100,000			—
Series NMC Preferred Stock, no par value; 7,100,000 authorized 6,900,000 issued at 03/31/25; 0 issued at 03/31/24.		172,500,000			—
Preferred undesignated; 49,762,000 authorized; 0 issued
Common Stock, no par value; 20,000,000,000 authorized 4,347,776,842 issued at 03/31/25; 4,357,321,532 issued at 03/31/24.	$	3,887,635		$	3,887,635
Additional paid-in capital		254,646,769			—
Accumulated deficit		(4,551,990	)		(4,938,241	)
Other comprehensive gain/(loss)		—			—
Total stockholders’ equity (deficit)	$	427,110,817		$	(700,972	)

Total liabilities and stockholders’ equity (deficit)	$	432,280,354		$	360,538

See accompanying notes to consolidated financial statements.

~~PART I — FINANCIAL INFORMATION~~MineralRite Corp

~~ITEM 1. FINANCIAL STATEMENTS~~Income Statement

MINERALRITE CORPORATION AND SUBSIDIARY
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
					September 30,	December 31,
					2014	2013
ASSETS
	Current assets:
		Cash and cash equivalents			$ 4,988	$ 52,206
		Accounts receivable			2,606	5,433
		Inventories			150,808	74,096
		Employee advances				100
		Prepaid services			959,667	966,667
			Total current assets		1,118,069	1,098,502
	Property and equipment:
		Equipment			102,050	102,050
		Furniture and fixtures			8,701	8,701
		Construction in progress			20,184	20,184
		Less: accumulated depreciation			(33,951)	(18,538)
			Total property and equipment, net		96,984	112,397
	Other assets:
		Prepaid services- long-term portion			297,078	1,016,828
		Website development, net			714	4,425
			Total other assets		297,792	1,021,253
				Total assets	$ 1,512,845	$ 2,232,152
The accompanying notes are an integral part of these financial statements

For the Quarter Period Ending March 31, 2025, and March 31, 2024

(Unaudited)

	3/31/2025			3/31/2024
Revenue
Mineral Sales & Services	$	—		$	—
Cost of Goods Sold		—			—
Gross Profit (Loss)		—			—

Other income		—			—
Total Income (Loss)	$	—		$	—

Expenses
Accounting & Auditing	$	1,750		$	—
Bank Charges		105			40
Business Promo		8,705			—
Business Travel		2,957			934
Communications		56			32
Depreciation & Amortization		—			2,826
Filings & Corp Cleaning		2,512			13,535
Legal And Professional		45,600			50,600
Market Related		3,000			—
Office Expense		14,895			1,283
Postage & Shipping		57			—
Project Development		—			—
Storage		—			—
Supplies		22			14
Transfer Agent		1,350			450
Web & Computer Services		679			1,462
Total Expenses	$	81,688		$	71,176
Operating Income (Loss)	$	(81,688	)	$	(71,176	)

Other Income / (Expenses)
Interest Expense	$	—		$	—
Interest Income		—			—

Income Before Taxes	$	(81,688	)	$	(71,176	)
Income Tax Expense		—			—

Net Income (Loss)	$	(81,688	)	$	(71,176	)

Earnings per share	$	(0.000019	)	$	(0.000017	)
Earnings per share (fully diluted)	$	(0.000019	)	$	(0.000017	)

See accompanying notes to consolidated financial statements.

MINERALRITE CORPORATION AND SUBSIDIARY
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(Continued)
						September 30,	December 31,
						2014	2013
	LIABILITIES & STOCKHOLDERS' DEFICIT
		Current liabilities:
			Accounts payable			$ 261,027	$ 232,095
			Accounts payable - related party			78,000	$ -
			Accrued payroll			681	3,785
			Customer deposits			97,760	119,103
			Convertible debt, including accrued interest,
				net of discounts		375,336	468,450
			Debt and other obligations due related parties			110,121	186,800
			Notes payable - other			55,332	74,082
			Derivative liabilities			4,258,201	245,006
				Total current liabilities		5,236,458	1,329,321
		Long-term liabilities:
			Convertible debt, including accrued interest,
				net of discounts		-	29,825
			Derivative liabilities			-	113,055
				Total long-term liabilities		-	142,880
				Total liabilities		5,236,458	1,472,201
		Commitments & Contingencies				-	-
		Stockholders' Deficit:
		Preferred stock, par value $.001, authorized 10,000,000
				Series A Preferred Stock, $.001 par value,
					105,000 shares authorized, issued 105,000 shares
					at September 30, 2014 and no shares issued at
					December 31, 2013	105	-
				Series B Preferred Stock, $.001 par value,
					33,000 shares authorized, issued 31,000 shares	31	-
					at September 30, 2014 and no shares issued at
					December 31, 2013
			Common stock, par value $.001
				authorized 5,000,000,000 shares
				Issued 1,317,151,895 shares at September 30, 2014
				and 88,739,900 shares at December 31, 2013		1,317,152	88,740
			Additional paid-in capital			10,595,339	10,467,221
			Accumulated deficit			(15,635,942)	(9,795,824)
			Other comprehensive gain/(loss)			(298)	(186)
				Total stockholders' deficit		(3,723,613)	759,951
				Total liabilities and stockholders' deficit		$ 1,512,845	$ 2,232,152
	The accompanying notes are an integral part of these financial statements

MineralRite Corp

Cash Flow Statement

For the Quarter Period Ending March 31, 2025, and March 31, 2024

(Unaudited)

	3/31/2025			3/31/2024
Net Income / (Loss) from Operations	$	(81,688	)	$	(71,176	)
Adjustments for non cash items: Depreciation & write-downs		—			2,826
Net Cash Flow from Operations		(81,688	)		(68,350	)

Non-cash Adjustments
Gain on Extinguishment of Obligations (Time-Barred)	$	—		$	—
Gain on Extinguishment of Obligations (Warrants issued)		—			—
Changes in operating Assets and Liabilities
(Increase) Decrease in Receivables & Prepaids		—			—
Increase (Decrease) in Current Liabilities		(22,051	)		7,369
Net Cash provided from Operating Activities	$	(22,051	)	$	7,369

Cash from Investing Activities
(Purchase of Assets)		(4,658	)		—
Sale of Assets		—			—
Net Cash from Investing Activities		(4,658	)		—

Cash Flow from Financing Activities
Proceeds from notes payable	$	15,099		$	15,550
Share purchases (et al)		112,040			39,510
Net Cash Provided from Financing Activities		127,139			55,060

Increase / (Decrease in Cash)	$	18,742		$	(5,921	)
Cash at Beginning of period		10,458			7,637
Cash at End of Period	$	29,200		$	1,716

See accompanying notes to consolidated financial statements.

MineralRite Corp

Statement of Changes in Shareholder Equity

For the Quarter Period Ending March 31, 2025, and March 31, 2024

Unaudited

	3/31/2025					3/31/2024
	*Shares*		Dollars			*Shares*		Dollars

Beginning Common Stock Amount		4,347,776,842	$	3,887,635			4,357,321,532	$	3,887,635
Common Stock Sales (reclaims) for the Period		—		—			—		—
Ending Common Stock Amount		4,347,776,842	$	3,887,635			4,357,321,532	$	3,887,635

Beginning Series A Preferred Stock Amount		105,000	$	105			105,000	$	105
Series A Stock Sales for the Period		—		—			—		—
Ending Series A Preferred Stock Amount		105,000	$	105			105,000	$	105

Beginning Series B Preferred Stock Amount		13,500	$	14			13,500	$	14
Series B Stock Sales for the Period		—		—			—		—
Ending Series B Preferred Stock Amount		13,500	$	14			13,500	$	14

Beginning Series C Preferred Stock Amount		8,249	$	499,485			6,050	$	70,005
Series C Stock Sales for the Period		340		28,800			920		279,510
Ending Series C Preferred Stock Amount		8,589	$	528,285			6,970	$	349,515

Beginning Series D Preferred Stock Amount		700	$	17,500			—	$	—
Series D Stock Sales for the Period		3,300		82,500			—		—
Ending Series D Preferred Stock Amount		4,000	$	100,000			—	$	—

Beginning Series NMC Preferred Stock Amount		6,900,000	$	172,500,000			—	$	—
Series NMC Stock Sales for the Period		—		—			—		—
Ending Series NMC Preferred Stock Amount		6,900,000	$	172,500,000			—	$	—

Ending Total Stock Amount			$	177,016,039				$	4,237,269

Beginning Additional Paid-in-capital			$	254,646,029				$	—
Excess from Series NMC (Fair Value over Par)				—					—
Conversion of Obligations into Warrants (3(a)9)				—					—
Option Premiums (Consultants)				740					—
Ending Additional Paid-in-capital			$	254,646,769				$	—

Beginning Accumulated Earnings (Deficit)			$	(4,470,302	)			$	(4,867,065	)
Net Income for the Period				(81,689	)				(71,176	)
Ending Accumulated Earnings (Deficit)			$	(4,551,991	)			$	(4,938,241	)

Total Stockholders’ Equity (Deficit)			$	427,110,817				$	(700,972	)

The accompanying notes are an integral part of these financial statements

MINERALRITE CORPORATION AND SUBSIDIARY
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
					For the Three Months Ended		For the Nine Months Ended
					September 30, 2014		September 30, 2014
					2014	2013	2014	2013
	Net revenue				$ 213,473	$ 164,568	$ 396,049	$ 359,058
	Cost of sales				(110,117)	(153,481)	(245,172)	(329,107)
	Gross profit (loss)				103,356	11,087	150,877	29,951
	Operating expenses
	Rent expense				7,200	8,456	21,600	24,789
		Professional fees			120,943	74,526	272,527	205,461
		General & administrative (including non-cash
			compensation)*		396,689	386,015	1,192,793	957,836
			Total operating expenses		524,832	468,997	1,486,920	1,188,086
				Loss from operations	(421,476)	(457,910)	(1,336,043)	(1,158,135)
	Other income (expenses)
		Gain (Loss) on extinguishment of debt			(84,180)	-	(283,016)	-
		Other income			-	-	6,600	4,039
		Interest expense			(201,647)	(56,247)	(622,375)	(73,598)
		Change in fair value of derivative liabilities			(3,031,513)	(118,618)	(3,605,284)	(238,297)
			Total other income (expense)		(3,833,740)	(174,865)	(4,504,075)	(307,856)
				Net Income (loss) before income taxes	(4,255,216)	(632,775)	(5,840,118)	(1,465,991)
				Provision for income taxes	-	-	-	-
				Net loss from contiuing operations	(4,255,216)	(632,775)	(5,840,118)	(1,465,991)
				Net loss from discontinued operations	-	(17,292)	-	(10,498)
				Net loss	(4,255,216)	(650,067)	(5,840,118)	(1,476,489)
			Other comprehensive income
				Foreign currency translation adjustment	7	(287)	(112)	(375)
			Total comprehensive income (loss)		$ (4,255,209)	$ (650,354)	$ (5,840,230)	$ (1,466,366)
	Basic and diluted income (loss) per common share:
				Continuing operations	$ (0.01)	$ (0.01)	$ (0.02)	$ (0.03)
				Discontinuing operations	-	(0.00)	-	(0.00)
					$ (0.01)	$ (0.01)	$ (0.02)	$ (0.03)
		Weighted average shares outstanding			489,917,536	56,327,943	286,396,810	53,496,237
		*	Details of stock based compensation included within:
				Related party consulting fees	$ -	$ 70,792	$ -	$ 189,202
				General and administrative	239,917	229,125	719,750	509,441
				Total	$ 239,917	$ 299,917	$ 719,750	$ 698,643
The accompanying notes are an integral part of these financial statements

MineralRite Corporation and Subsidiaries

Notes to Financial Statements

March 31, 2025

(1) Corporate History, Current Operations & Basis of Presentation

Administrative History:

MineralRite Corporation (“MineralRite”, the “Company” and “RITE”) was incorporated in Nevada on October 22, 1996, and has undergone a number of name changes, changes in business focus, changes of control, changes in trading symbols and changes in domicile over its multi-decade existence.

Coincident with many of the changes of control, management has refocused the Company’s operations into different business sectors, including the e-learning business, the maritime business, the oil business and the Company’s present business which is focused on the minerals and mining business.

The Company has traded under the ticker symbols MNOC, PSUY, RYQG, and presently trades under the symbol RITE.

In 2021, the Company underwent an F Reorganization Merger Re-domicile into the State of Texas.

The Company’s principal executive offices are located at 325 N. St. Paul Street, Suite 3100, Dallas TX 75201, telephone: (469) 881-8900. The Company’s website address is www.mineral-rite.com.

Due to the intertwining history of the legal entities that share the ancestral roots of the present-day Company, the following naming convention has been adopted:

●

The “NV entity” refers to the entity which was originally incorporated in the State of Nevada on October 22, 1996, under the name K.A.S.H. Capitol, Inc.

●

The “Public entity” refers to the NV entity after it filed Form 10-12G with the SEC to become fully reporting on October 20, 1999.

●

The TX entity refers to the entity which was originally incorporated in the State of Texas on October 30, 2002, under the name of Southern Cars & Trucks, Inc.

Detailed Administrative History.

●

The NV entity was incorporated as on October 22, 1996, with 25,000 authorized common shares.

●

The NV Entity underwent a change of control on October 24, 1996.

●

The NV entity underwent a 1 to 1,000 forward split on May 6, 1999.

●

The NV entity changed its name to PSM CORP on July 9, 1999, and increased authorized common shares to 100,000,000.

●

The NV entity filed Form 10-12G with the SEC to become a fully reporting company on October 20, 1999.

●

The Public entity changed its name to PSM CORP. (NEVADA) on October 22, 1999.

●

The Public entity changed its name to Mentor On Call, Inc. and underwent a 1 to 9 forward split on January 11, 2000; and on or around this date was assigned the ticker symbol MNOC.

●

The Public entity merged with Mentor On Call, Inc., a Barbadian International Business Corporation, on January 15, 2000, and underwent a change of control.

●

The Public entity underwent a 100 for 1 reverse split on October 1, 2002.

●

The Public entity changed its name to Platinum SuperYachts, Inc. on October 3, 2002; and on or around this date was assigned the ticker symbol PSUY.

●

The TX entity was incorporated as Southern Cars & Trucks, Inc. on October 30, 2002, with 100,000 authorized common shares.

●

The Public entity merged with SuperYachts Holdings, Inc., a NV company, on November 15, 2002, and underwent a change of control.

●

During the third quarter of 2005, the Public entity changed focus from the maritime business to the oil business, culminating in a change of control on October 4, 2005.

●

The Public entity changed its name to Royal Quantum Group Inc. on November 23, 2005; increased authorized common shares to 500,000,000 and preferred shares to 10,000,000; and, on or around this date was assigned the ticker symbol RYQG.

●

On August 31, 2012, the Public entity underwent a 50-for-1 reverse stock split of its common stock

●

The Public entity changed its name to MineralRite Corporation on September 18, 2012.

●

The Public entity changed its name to Royal Quantum Group Inc. on October 5, 2012.

●

The Public entity changed its name to MineralRite Corporation on October 18, 2012.

●

In the period of August to October of 2012, the Public entity changed focus from the oil business to the mineral and mining business, culminating in a change of control on October 30, 2012.

MINERALRITE CORPORATION AND SUBSIDIARY
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
					For the Nine Months Ended
					September 30,
					2014	2013
CASH FLOWS FROM OPERATING ACTIVITIES:
	Net Income (loss)				$ (5,840,118)	$ (1,476,489)
	Loss from discontinued operations				-	10,498
	Loss from continuing operations				(5,840,118)	(1,465,991)
	Adjustments to reconcile net income (loss) to
	net cash provided by (used in) operating activities:				-
		Amortization			3,600	3,834
		Depreciation			15,413	10,231
		Loss on extinguishment of indebtedness			283,016	-
		Amortization of discounts on convertible debt charged to interest expense			454,663	53,149
		Stock based compensation			803,134	698,643
		Change in fair value of derivative liabilities			3,605,284	238,297
		(Increase) decrease in accounts receivable			2,826	10,740
		(Increase) decrease in inventories			(76,710)	41,802
		(Increase) decrease in other assets			100	-
		Increase (decrease) in accrued interest on notes and loans payable			155,589	19,563
		Increase (decrease) in accounts payable and accrued expenses			225,707	128,149
		Increase (decrease) in customer deposits			(21,343)	6,965
		Increase (decrease) in related party debt and other obligations			5,428	(28,686)
			Net cash (used in) operating activities		(383,411)	(283,304)
CASH FLOWS FROM INVESTING ACTIVITIES:
			Equipment purchases		-	(2,300)
			Construction costs		-	(17,184)
			Investment in consolidated subsidiary		-	(85,000)
			Net cash (used in) investing activities		-	(104,484)
CASH FLOWS FROM FINANCING ACTIVITIES:
	Cash received in acquisition of Goldfield International, Inc.				-	127,056
	Proceeds from issuance of common stock					54,000
	Proceeds from issuance of convertible debt				304,000	353,500
	Proceeds from unrelated third party loans				77,588	92,000
	Principal reduction on unrelated third party loans				(47,550)	-
	Proceeds from related party loans				46,900	30,700
	Principal reduction on related party loans				(44,745)	(30,700)
	Advances to unconsolidated subsidiaries				-	(140,000)
	Payment of accrued distribution due former shareholder of Goldfield
		International, Inc.				(60,000)
			Net cash provided by (used in) financing activities		336,193	426,556
			Effect of exchange rates on cash		-	(169)
			Net increase (decrease) in cash and cash equivalents		(47,218)	38,599
			Cash and cash equivalents - beginning of period		52,206	9,330
			Cash and cash equivalents - end of period		$ 4,988	$ 47,929
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
	Cash paid during the year for:
		Interest			$ 20,777	$ 886
		Income taxes			$ -	$ -
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING
	AND FINANCING ACTIVITIES:
			Value of 2,000,000 shares of common stock issued in exchange of
				100% interest in Goldfield International, Inc.	$ -	$ 900,000
			Value of 7,000,000 shares of common stock issued for consulting services		$ -	$ 2,450,000
			Value of 13,620,000 shares of common stock issued for consulting services		$ 83,384
			Value of 600,000 shares of common stock issued cancellation of past due
				account and legal fees		$ 30,000
			Value of 1,234,592 common shares issued on cancelation of $409,213
			of convertible debt		$ 825,082	$ -
			Value of 33,000,000 shares of common stock issued of $59,000 of indebtedness			$ 525,000
			Discounts and fees recorded on issuance of convertible debt		$ 905,221	$ 22,471
			Fair value of derivative liabilities recognized on issuance of
				convertible debt (Note 7)	$ 394,941	$ 91,887
			Fair value of derivative liability recognized on insufficient authorized shares		$ 1,813,208	$ -
			31,000,000 common shares canceled in exchanged for issuance of
				31,000 shares of Series B Preferred Shares	$ -	$ -
			Related party debt cancelled in exchange for issuance of 105,000 shares of
				Series A Preferred Shares	$ 109,761	$ -
The accompanying notes are an integral part of these financial statements

●

On December 3, 2012, the Company’s trading symbol was changed from RYQG to RITE.

●

On June 28, 2013, the Alberta Securities Commission entered a Cease Trade Order against MineralRite Corporation for failure to file certain periodic disclosure documents for the periods ending September 30, 2012, December 31, 2012, and March 31, 2013.

●

On July 10, 2014, the Public entity filed a Certificate of Designation and authorized 50,000,000 preferred shares broken into four different series, A, B, C, and Undesignated, with 105,000, 33,000, 100,000, and 49,762,000 authorized preferred shares, respectively.

●

On August 26, 2014, the Public entity filed Amended and Restated Articles and increased authorized common shares to 5,000,000,000.

●

On November 5, 2014, the SEC instituted Administrative Proceedings (File No. 3-16256 as reported in Release No. 73525) pursuant to Section 21(c) of the Securities Exchange Act of 1934 and (i) issued an order against the Public entity; (ii) made findings; (iii) imposed a cease-and-desist order for failing to file Form 8-Ks disclosing two unregistered sales of equity securities and failure to file a Form 8-K disclosing a financing agreement; and (iv) assessed a penalty of $25,000.

●

On February 16, 2018, the Public entity filed Form 15 - Certification and Notice of Termination of Registration Under Section 12(g) of the Securities Exchange Act of 1934 or Suspension of Duty to File Reports Under Sections 13 and 15(d) of the Securities Exchange Act of 1934 with the Securities and Exchange Commission (“SEC”) and officially terminated its requirement to timely file reports.

●

On April 7, 2021, the Public entity filed a Certificate of Merger with the Texas Secretary of State to effectuate an F Reorganization Merger Re-domicile whereby it merged into a Texas entity named Southern Cars & Trucks, Inc.; increased its authorized common shares from 5,000,000,000 to 20,000,000,000; aligned its Series C preferred share designation to reflect the contractual terms under which the shares had been issued; and renamed the surviving Texas entity so as to retain the MineralRite Corporation name.

●

On November 17, 2021, the Nevada entity was merger-dissolved pursuant to the April 7, 2021, Certificate of Merger and the Plan of Merger upon which the Certificate of Merger was based.

●

On October 25, 2023, the Public entity underwent a change of control by virtue of the acquisition by the Company’s current president of a controlling interest in the Company from the former president.

●

On February 21, 2024, the Public entity filed Restated Articles of Formation with the Texas Secretary of State pursuant to the April 7, 2021, Certificate of Merger and the Plan of Merger upon which the Certificate of Merger was based.

●

On March 20, 2024, the Public entity filed a Change of Control Application with OTCMarkets.com. This application was approved on April 5, 2024.

●

On March 22, 2024, the Public entity filed CASE # CAS14001S0O9O6S9 with FINRA to properly recognize the F Reorganization that the Company underwent on April 7, 2021. This matter is still pending.

●

On April 4, 2024, the Public entity filed a Certificate of Correction with the Texas Secretary of State correcting various inaccuracies contained on Texas Form 622 Certificate of Merger Combination Merger Business Organizations Code, commonly known as the Certificate of Merger that were filed with the Texas Secretary of State on April 7, 2021, pursuant to the Plan of Merger of the same date.

●

On September 12, 2024, the Public entity filed an application for revocation of the Cease Trade Order which was entered against it by the Alberta Securities Commission on June 28, 2013.

●

On December 18, 2024, the Public entity filed Restated Articles of Formation with the Texas Secretary of State (i) to clarify the language used in the designation of certain rights and preferences of certain series of preferred stock and (ii) to designate two additional series of preferred stock, Series D and Series NMC, which were designed for use to effectuate a forthcoming acquisition and a subsequent capital raise.

●

On December 31, 2024, the Public entity executed a binding Letter of Intent with NMC, Inc. (“NMC”), a Nevada corporation and shortly thereafter a Definitive Agreement, to acquire NMC’s two wholly owned subsidiaries through the issuance of 6.9 million shares of Series NMC $25 convertible preferred stock, 6.9 million warrants, and the assumption of $5 million in NMC’s outstanding liabilities.

●

On January 14, 2025, the Public entity formed a wholly owned limited liability company subsidiary, RITE Precious Metals LLC, under the laws of the State of Michigan.

●

On February 19, 2025, the Public entity filed Form 10 with the Securities and Exchange Commission to become fully reporting under the Securities Exchange Act of 1934.

●

On March 20, 2025, the Public entity received an approval on the application it had filed on September 12, 2024, with the Alberta Securities to revoke the Cease Trade Order.

●

During March of 2025, Alpine Securities filed a Financial Industry Regulatory Authority (FINRA) Form 211 to request permission to initiate or resume quoting the Public entity’s common stock in the over-the-counter (OTC) market, under SEC Rule 15c2-11 of the Securities Exchange Act of 1934. This matter is still pending.

Relevant Operating History.

Following the change of control that brought the Company into the mineral and mining business, on March 1, 2013, the Company acquired 100% of the total shares outstanding of Goldfield International, Inc. (“Goldfield”) in exchange for issuing 2,000,000 shares of its common stock. The acquisition was based on the fair value of the shares issued amounting to $900,000. During the time that Goldfield was owned by the Company, the two companies consolidated financial statements and eliminated all material intercompany transactions. Goldfield was in the business of manufacturing gold mining equipment.

~~MINERALRITE~~On January ~~CORPORATION~~1, ~~AND~~2015, ~~SUBSIDIARY~~the Company entered into a Security Agreement with the managers of Goldfield to settle various outstanding financial matters, including but not limited to promissory notes that had been issued to reimburse the parties for loans that they had made to cover operational costs that were secured by the assets of Goldfield.

~~NOTES~~In June TO2015, ~~UNAUDITED~~the ~~CONDENSED~~Company ~~CONSOLIDATED~~entered ~~FINANCIAL~~into ~~STATEMENTS~~a joint venture agreement with MEK Mining (“MEK”) to mine gold ore on leased acreage in Ghana. For $150,000, the Company acquired a fifty (50%) percent interest in the joint venture which has a twenty (20%) percent participation interest in the production and sale of the indicated gold ore. The Company accounted for its investment in MEK under the equity method pursuant to ASC Topic 323-30. This operation was in production during 2015 until government regulations were changed and mining in Ghana was shut down. MEK is based out of Russia, and despite there being no direct U.S. sanctions targeting Russia’s precious metals mining sector, U.S. companies operating in or engaging within this sector faced a complex array of challenges, such as sanctions levelled against key Russian figures and entities, heightened geopolitical tensions, reputational considerations, and operational hurdles arising from broader international sanctions. These factors collectively influenced decisions for many companies, including MineralRite, to cease mining activities in Russia or to sever business ties with Russian companies involved in the precious metals industry. The MEK project was terminated, and the Company’s investment was written off pursuant to ASC Topic 205-20 “Discontinued Operations”.

~~FOR~~On July ~~THE~~15, ~~THREE~~2015, ~~AND~~pursuant ~~NINE~~to ~~MONTHS~~the ~~ENDED~~aforementioned ~~SEPTEMBER~~Security 30Agreement dated January 1, 2015, the Company transferred the legal entity, the equipment manufacturing operations, including related assets and liabilities, to the managers of Goldfield in exchange for the cancellation of the promissory notes that had been issued to the parties, the assumption of various Goldfield related liabilities, and the return of 17,500 shares of Series B preferred that had been exchanged (on July 10, 2014) ~~AND~~for ~~2013~~the common shares that had been issued (on October 30, 2012) as payment for the services the managers would be performing pursuant to the acquisition of Goldfield. For financial statement presentation purposes, the equipment manufacturing activities for 2015, and assets and liabilities directly relating to the operation, were accounted for pursuant to ASC Topic 205-20 “Discontinued Operations”.

~~NOTE~~On February 1 16, 2018, the Company filed Form 15 - ~~ORGANIZATION~~Certification ~~AND~~and ~~BASIS~~Notice OFof ~~PRESENTATION~~Termination of Registration Under Section 12(g) of the Securities Exchange Act of 1934 or Suspension of Duty to File Reports Under Sections 13 and 15(d) of the Securities Exchange Act of 1934 with the SEC and officially terminated its requirement to timely file reports.

~~Organization~~On April 7, ~~History~~2021, the Company filed a Certificate of Merger with the Texas Secretary of State to effectuate an F Reorganization Merger Re-domicile whereby the Company was merged into Southern Cars & Trucks, Inc. (the survivor) pursuant to the Plan of Merger and ~~Business~~in the process (a) adopted a Certificate of Formation synonymous with those of the predecessor Nevada entity, as adjusted for state specific language; (b) adopted a capital structure synonymous with that of the predecessor Nevada entity with three notable exceptions: (i) the number of authorized shares of common stock was set at twenty billion (20,000,000,000) shares; (ii) the par value of all classes and series of stock was set at no par value; and (iii) the voting and conversion rights of the Series C Preferred stock was adjusted such that one (1) share of Series C Preferred stock was awarded 400,000 votes and was convertible into 400,000 shares of common stock which aligned the capital structure to the contractual rights under which the outstanding shares had been issued; (c) changed its name to MineralRite Corporation; and (d) cancelled the outstanding share of Southern Cars & Trucks, Inc. Because the sole officer and sole director of MineralRite Corporation (Nevada) was also the sole officer and sole director of Southern Cars & Trucks, Inc.; and because the shares of MineralRite Corporation were exchanged 1-for-1 with the shares of Southern Cars & Trucks, Inc.; and because all of the assets and liabilities of MineralRite were transferred to Southern Cars & Trucks, Inc., the transaction was accounted for as an F Reorganization Merger Re-domicile. Coincident with this change, the Company also changed its principal address to 539 W. Commerce St. #1838, Dallas Texas 75208.

MineralRite Corporation (“the Company”) was incorporated in Nevada on October 22, 1996 under its original name PSM Corp. The Company changed its emphasis to the exploration and development of natural resources and on November 23, 2005 changed its name to Royal Quantum Group, Inc. On October 18, 2012, the Company again changed its name from Royal Quantum Group, Inc. to MineralRite Corporation. On August 31, 2012, the Company declared a 50-for-1 reverse stock split of its common stock. All references in the accompanying consolidated financials to the number of shares outstanding and per-share amounts have been restated to reflect this stock split.

On March 1, 2013, the Company acquired 100% of the total shares outstanding of Goldfield International, Inc. (“Goldfield”) in exchange for issuing 2,000,000 shares of its common stock. The acquisition was based on the fair value of the shares issued amounting to $900,000. The accompanying consolidated financial statements include the accounts and balances of the Company and also of Goldfield since the date of its acquisition. All material intercompany transactions have been eliminated. Goldfield is in the business of manufacturing gold mining equipment.

On April 24, 2013, the Company entered into a joint venture agreement with CSI Export and Import (“CSI”) to mine copper ore on leased acreage in Chiapas, Mexico. For $850,000, the Company acquired a 50% in the joint venture which has a 25% participation interest in the production and sale of the indicated copper ore. The Company accounts for its investment in with CSI under the equity method pursuant to ASC Topic 323-30. This amount was written off in 2013 due to impairment as CSI did not execute on their part of the joint venture and repayment is doubtful.

Pursuant to a settlement agreement and related court order, effective December 6, 2013, the Company issued 30,000,000 shares of its common stock and transferred its oil and gas operations including related assets and liabilities to Santeo Financial Corporation and other creditors in exchange for the cancelation of debt totaling $325,568. For financial statement presentation purposes, the oil and gas activities for 2012 and 2013, and assets and liabilities directly relating to the oil and gas operation, are accounted for pursuant to ASC Topic 205-20 “Discontinued Operations”.

Basis of Presentation

The accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting only of normal recurring adjustments) which, in the opinion of management, are necessary to present fairly the financial position of the Company as of September 30, 2014, and the results of its operations and cash flows for the three and nine months ended September 30, 2014 and 2013. Certain information and footnote disclosures normally included in financial statements have been condensed or omitted pursuant to rules and regulations of the U.S. Securities and Exchange Commission (the “Commission”). The Company believes that the disclosures in the unaudited condensed consolidated financial statements are adequate to make the information presented not misleading. However, the unaudited condensed consolidated financial statements included herein should be read in

~~MINERALRITE~~Upon completing ~~CORPORATION~~the ~~AND~~2021 ~~SUBSIDIARY~~F Reorganization Merger Re-domicile, the Company continued to pursue merger acquisition candidate negotiations while simultaneously working to bring the Company current. It was during this period of time that the Company’s current president, and others, were first engaged as consultants by the Company.

~~NOTES~~On October TO25, ~~UNAUDITED~~2023, ~~CONDENSED~~the ~~CONSOLIDATED~~Company’s ~~FINANCIAL~~current ~~STATEMENTS~~president executed an option with the Company’s former president to purchase the former president’s holdings in the Company. Under the terms of that option, the Company’s current president was immediately granted voting rights to those holdings. Coincident with that action, the former president resigned his position as sole member of the Company’s Board of Directors and, in accordance with the Company’s terms of corporate governance, installed the Company’s current president as his replacement to serve out the remainder of his term on the Board thereby effectuating a Change of Control. Subsequent to these actions, the Company’s current president was installed as acting president of the Company; and since that time, his role has been upgraded to president of the Company.

~~FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2014 AND 2013~~Current Operations.

~~conjunction~~Immediately upon ~~with~~assuming ~~the~~his ~~financial~~role, ~~statements~~RITE’s current president undertook a thorough examination and ~~notes~~analysis ~~thereto~~of ~~included~~the inCompany’s books and records so that he would be able to attest to the accuracy of the Company’s ~~Annual~~financial ~~Report~~statements and other corporate representations that his role as president would require him to make on ~~Form~~behalf 10of the Company. In this undertaking he also engaged legal, accounting and other professionals to work with him when and as needed. As issues were discovered, requisite filings and adjustments were made accordingly. The expectation was that this clean-Kup ~~for~~process ~~the~~would ~~year~~be ~~ended~~fully completed by December 31, ~~2013~~2024, and ~~filed~~it ~~with~~was, allowing the ~~Commission~~Company onto ~~May~~once ~~21,~~again ~~2014.~~be able to present audited books and records accordingly.

~~Going~~On November ~~Concern~~1, 2023, the Company’s Board of Directors officially engaged the Company’s current president as interim president.

~~The~~On November ~~Company’s~~6, ~~consolidated~~2023, ~~financial statements have been prepared on a going concern basis which contemplates the realization of assets~~ and ~~the~~November ~~liquidation~~9, ~~of liabilities in the ordinary course of business. The Company has incurred substantial losses from operations and has a working capital deficit~~2023, ~~which raise substantial doubt as to~~ the Company’s ~~ability~~current topresident, ~~continue~~at ~~as a going concern. For~~ the ~~nine~~request ~~month~~of ~~ended September 30, 2014,~~ the Company’s ~~had~~former ~~a net loss from continuing operations of $5~~president,~~840,118~~ executed ~~and~~options ~~accumulated~~to ~~deficit~~purchase ~~of $15,635,942. The Company has funded its operations through~~ the ~~private~~holdings ~~sale~~ of ~~its~~two ~~common shares and issuance~~ of ~~convertible~~the ~~debt.~~former ~~Net~~president’s ~~revenue~~associates ~~generated~~under ~~from~~terms ~~operations~~similar ~~in not sufficient~~ to ~~pay~~those ~~Company~~embodied in ~~debts currently due or to fund future operations. The Company continues to raise additional funds; however, there is no assurance that~~ the ~~necessary~~aforementioned ~~funds~~option ~~will~~contract bebetween ~~raised or even if~~ the ~~funds are raised, that the funds received will be to sufficient to fund future operations until such time that the~~ Company’s ~~operations~~current ~~become~~president ~~profitable. Until such time as funding is obtained~~ and~~/or~~ ~~positive~~former ~~results from operations materialize, doubt about the Company’s ability to continue as a going concern may remain~~president.

~~NOTE~~On December 21, -2023, ~~SUMMARY~~the OFCompany’s ~~SIGNIFICANT~~Board ~~ACCOUNTING~~of ~~POLICIES~~Directors officially engaged the Company’s current president as president of the Company. On or about the same time, the Company changed its principal address to 325 N. St. Paul Street, Suite 3100, Dallas TX 75201.

~~Reclassification~~In the months that followed, while the aforementioned examination, analysis and clean-up was underway, the Company built a new website; updated several jurisdictional filings with the Texas Secretary of State; completed a Crafted Precious Metal Dealer Registration in the State of Texas; passed compliance with various precious metal refineries and opened accounts with those entities; applied to OTCMarkets.com to recognize the Change of Control that the Company had undergone when the Company’s current president replaced the former president; filed a Corporate Action Case with FINRA regarding the Company’s April 7, 2021, F Reorganization Merger Re-domicile change; and engaged legal, accounting and other professionals to perform various tasks.

~~Certain~~During the ~~reclassifications~~first ~~have~~quarter ~~been~~of ~~made~~2024, towhich ~~conform~~ended on March 31, 2024, the ~~2013~~Company ~~amounts~~entered tointo two contracts with the ~~2014~~current ~~classifications~~owners of its former subsidiary, Goldfield. The first contract provided for ~~comparative~~the ~~purposes~~purchase of certain intellectual property rights, and the second contract provided for the acquisition of inventory and equipment. Since completing these purchases, the Company has engaged CAD-CAM designers and equipment specialists to re-design and upscale the products and streamline production. This will allow the Company to focus its efforts on equipment sales and related services, and facilitate third-party equipment manufacture and fulfillment. The Company expects that equipment sales will also open doors to related revenue streams such as consulting services, off-take agreements, project financing and property acquisitions; all of which fit into the Company’s long-term strategic development plans.

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of MineralRite Corporation and its wholly-owned subsidiary, Goldfield International, Inc. Intercompany transactions and balances have been eliminated in consolidation.

Cash and Cash Equivalents

For purposes of the statement of cash flows, the Company considers all highly liquid debt instruments purchased with a maturity of three months or less to be cash equivalents to the extent the funds are not being held for investment purposes.

~~MINERALRITE~~As of ~~CORPORATION~~the ~~AND~~close ~~SUBSIDIARY~~of the first quarter of 2024, the Change of Control application with OTCMarkets.com and the Corporate Actions Case with FINRA regarding the April 7, 2021, F Reorganization Merger Re-Domicile change, were both still pending.

~~NOTES~~On or TOaround ~~UNAUDITED~~April ~~CONDENSED~~5, ~~CONSOLIDATED~~2024, ~~FINANCIAL~~the ~~STATEMENTS~~Company’s Change of Control application with OTC Markets was completed and approved.

~~FOR~~During the ~~THE~~month ~~THREE~~of ~~AND~~June ~~NINE~~2024, ~~MONTHS~~the ~~ENDED~~Company ~~SEPTEMBER~~obtained 30legal opinions it sought in support of its position to (i) derecognize $763,377.50 of ~~2014~~time-barred ~~AND~~obligations; ~~2013~~(ii) exchange previously issued convertible obligations, in the original amount of $137,499, into 2,750 fully paid warrants to purchase 2,750 shares of Series C convertible preferred stock pursuant to Section 3(a)9; (iii) reclaim 9,544,690 common shares which had previously been issued; and (iv) release shares which were being held in certain segregated reserve accounts at the Company’s transfer agent on behalf of former convertible bond holders.

~~Management’s~~As of ~~Use~~the close of ~~Estimates~~the second quarter of 2024, the Corporate Actions Case with FINRA regarding the April 7, 2021, F Reorganization Merger Re-Domicile change, was still pending.

~~The preparation of financial statements in conformity with accounting principles generally accepted in~~ During the ~~United~~third ~~States~~quarter of ~~America~~2024, ~~requires management to make estimates and assumptions that affect~~ the ~~reported~~Company ~~amounts~~engaged ~~of assets~~ and ~~liabilities~~completed ~~and~~a ~~disclosures~~PCAOB ofaudit ~~contingent~~for ~~assets and liabilities at~~ the ~~date~~accounting ofperiods ~~the~~ending ~~financial~~December ~~statements~~31, 2023, and ~~the~~December ~~reported~~31, ~~amounts of revenue and expenses during the reporting period~~2022. ~~Actual results could differ from those estimates.~~

~~Accounts~~During the ~~Receivable~~month of September 2024, the Company filed an Application for Revocation of the Cease Trade Order with the Alberta Securities Commission. The Cease Trade Order had been previously entered against the Company on June 28, 2013, by the Alberta Securities Commission for failure to file certain periodic disclosure documents with the Commission, for the periods ending September 30, 2012, December 31, 2012, and March 31, 2013.

~~Accounts~~As of ~~receivable~~the ~~are~~close ~~reported~~of atthe third quarter of 2024, the ~~customer’s~~Corporate ~~outstanding~~Actions ~~balances~~Case ~~less~~with ~~any~~FINRA ~~allowance~~regarding ~~for~~the ~~doubtful~~April ~~accounts~~7, 2021, F Reorganization Merger Re-Domicile change, was still pending. ~~Interest~~ isAlso, ~~not~~the ~~accrued~~Application onfor ~~overdue~~Revocation ~~accounts~~of ~~receivable~~the Cease Trade Order that the Company filed with the Alberta Securities Commission was still pending.

~~Allowance~~On December ~~for~~31, ~~Doubtful~~2024, ~~Accounts~~the Company executed a binding Letter of Intent with NMC, Inc. (“NMC”), a Nevada corporation; and shortly thereafter, a Definitive Agreement was executed. Under the terms of the Definitive Agreement, RITE acquired NMC’s two wholly owned subsidiaries. These subsidiaries hold certain mineral and mining assets and collectively have an audited book value of $432 million. In return, RITE issued and transferred to NMC approximately 6.9 million shares of a newly created class of preferred stock denoted as RITE Series NMC $25 convertible preferred stock (“RITE Series NMC”), a similar number of warrants, and assumed roughly $5 million in NMC’s outstanding liabilities.

AnEach share ~~allowance~~of ~~for~~RITE ~~doubtful~~Series ~~accounts~~NMC ~~on accounts receivable~~ is ~~charged~~subject to ~~operations~~redemption inby ~~amounts~~a ~~sufficient~~sinking tofund, ~~maintain~~or ~~the allowance for uncollectible accounts~~ at ~~a level management believes is adequate to cover any probable losses. Management determines~~ the ~~adequacy~~option of the ~~allowance~~holder, ~~based~~convertible oninto ~~historical~~five ~~write-off~~hundred (500) ~~percentages~~shares ~~and~~of ~~information~~RITE ~~collected~~common ~~from individual customers~~stock. ~~Accounts~~ ~~receivable~~Additionally, ~~are~~each ~~charged~~warrant ~~off~~allows ~~against~~ the ~~allowance~~holder ~~when collectability is determined~~ to bebuy ~~permanently~~five ~~impaired. Management~~hundred ~~has~~(500) ~~determined~~shares ~~that as~~ of ~~September~~RITE ~~30,~~common stock ~~2014,~~for ~~no allowances were required~~$15.

~~Revenue~~The sinking ~~Recognition~~fund provides the holders of the RITE Series NMC with a means to liquidate their shares for a set dollar amount at a premium to par value. This premium grows at the rate of five (5%) percent per annum and is subject to a floor price of $25.40. Holders of the RITE Series NMC shares may, in lieu of redemption, opt to convert their RITE Series NMC shares into shares of RITE common stock at the rate of one (1) share of RITE Series NMC for five hundred (500) shares of RITE common stock.

~~Sales~~RITE Series ~~and~~NMC ~~related~~$25 ~~costs~~convertible ~~are~~preferred ~~recognized~~stock ~~when~~is given a direct senior claim against the ~~title~~assets ~~passes~~held toin, and the ~~customer~~revenue ~~since~~generated by, the ~~risks~~two ~~and~~subsidiaries ~~rewards~~that ofRITE ~~ownership~~acquired ~~has~~from ~~transferred,~~NMC ~~persuasive~~in ~~evidence~~the ofafore andescribed ~~arrangement~~transaction ~~exists,~~until ~~the~~such ~~services~~time ~~have~~as ~~been~~(a) ~~performed~~the ~~and~~sinking fund has redeemed all ~~required~~shares ~~milestones~~of ~~achieved~~RITE Series NMC $25 convertible preferred stock, or (b) the ~~selling~~RITE ~~price~~Series isNMC ~~fixed,~~shares ~~determinable,~~have ~~and~~been ~~collection~~converted into isRITE ~~reasonable~~common ~~assured~~shares in lieu of redemption through the sinking fund.

~~Property~~One of the subsidiaries, California Precious Metals, LLC (“California Precious Metals”) holds two mineral leases with no current business plan or infrastructure; and ~~Equipment~~the other subsidiary, Peeples, Inc. (“Peeples”) holds one mineral lease, mine tailings, written methodology for processing, and other attributes that met the definition of a business under ASC 805, Business Combinations.

Gains and losses resulting from sales and dispositions of property and equipment are included in current operations. Maintenance and repairs are charged to operations as incurred. Depreciation expense for the three months ended September 30, 2014 and 2013 from continuing operations amounted to amounted to $5,198 and $5,455, respectively. Depreciation expense for the nine ended September 30, 2014 and 2013 from continuing operations amounted to amounted to $15,413 and $10,231, respectively.

~~MINERALRITE~~The Company ~~CORPORATION~~evaluated ~~AND~~the ~~SUBSIDIARY~~transaction under the guidance of ASC 805-10-20 and ASC 805-10-25-1 through 25-3 and concluded that the proper accounting treatment of the acquisition of Peeples qualified as a business combination, as the acquired entity included inputs and processes capable of generating outputs. California Precious Metals, by contrast, was accounted for as an asset acquisition because it did not meet the definition of a business—no workforce, no processing methodology, and no operations.

~~NOTES~~Per ASC TO805-30-30-1, ~~UNAUDITED~~the ~~CONDENSED~~Company ~~CONSOLIDATED~~allocated ~~FINANCIAL~~the ~~STATEMENTS~~purchase price to the identifiable assets acquired and liabilities assumed based on their estimated fair values at the acquisition date. The total purchase consideration for the transaction included common stock issued ($180 million), the fair value of warrants, and the assumption of approximately $5 million in liabilities, plus the impact of a stock buyback obligation with a future value that increases over time. The final valuation is still being refined, but the Company preliminarily allocated approximately $432 million to the identifiable net assets of Peeples, which reflects the fair value of the business as a whole at the time of acquisition.

~~FOR~~The estimated ~~THE~~fair ~~THREE~~value ~~AND~~of ~~NINE~~$432 ~~MONTHS~~million ~~ENDED~~assigned ~~SEPTEMBER~~to the assets acquired from Peeples was not based on a mineral resource calculation or engineering report. Rather, the value represents the fair value of the entire acquired business enterprise, consistent with ASC 820, Fair Value Measurement, and the framework set out in ASC 805-20-30-1, ~~2014~~which ~~AND~~requires ~~2013~~identifiable assets to be recorded at their acquisition-date fair values.

~~Foreign~~This valuation ~~Currency~~was ~~Translation~~derived using a market approach and income approach, considering comparable transactions in the junior mining sector, the historical carrying value on the acquiree’s prior audited financial statements, the strategic value of the tailings and mineral rights, and management’s business plans. It also reflected the expectation of future processing using a proprietary methodology and assumptions about market viability, scalability, and cost-efficiency of metal recovery. These were considered Level 3 inputs under the ASC 820 hierarchy due to their significant estimation and reliance on unobservable inputs.

The Company's ~~primary~~has ~~functional~~used ~~currency~~the isphrase ~~the~~“audited ~~U.S.~~book ~~dollar. For~~value” ~~foreign~~in ~~operations~~an ~~whose~~informal ~~functional~~manner ~~currency~~to isrefer to the ~~local~~value ~~foreign~~at ~~currency,~~which ~~balance~~the ~~sheet~~assets ~~accounts~~and business ~~are~~were ~~translated~~carried aton ~~exchange~~NMC’s ~~rates~~financial instatements, ~~effect~~which atwere ~~the~~subject ~~end~~to audit. However, for purposes of the ~~period~~Company’s acquisition ~~and~~accounting, ~~income~~the ~~statement~~Company ~~accounts~~did ~~are~~not ~~translated~~rely aton ~~average~~book ~~exchange~~value ~~rates~~alone. ~~for~~Instead, the ~~period~~Company evaluated that historical value as one input within a broader fair value analysis, consistent with ASC 820’s requirement to use market participant assumptions. The ~~Translation~~final ~~gains~~$432 ~~and~~million ~~losses~~value ~~are~~was ~~included~~determined based on the Company’s independent analysis of fair value under U.S. GAAP as required aby ~~separate~~ASC ~~component~~805, not merely a continuation of ~~stockholders~~NMC’s ~~deficit.~~historical cost basis.

~~Convertible~~The Company ~~Debentures~~will continue to refine the final purchase price allocation (PPA) as part of its measurement period adjustment per ASC 805-10-25-13 through 25-19 and will disclose any updates in accordance with ASC 805-10-50-4A in future filings.

If During the ~~conversion~~year ~~features~~ended ofDecember ~~conventional~~31, ~~convertible debt provides for a rate of conversion that is below market value at issuance~~2024, ~~this feature is characterized as a beneficial conversion feature (“BCF”). A BCF is recorded by~~ the Company asengaged ain ~~debt~~several ~~discount~~significant ~~pursuant to ASC Topic 470~~non-20cash ~~“Debt~~investing ~~with Conversion~~ and ~~Other~~financing ~~Options~~activities.” In ~~those~~accordance with ~~circumstances,~~ASC ~~the~~230-10-50-3 ~~convertible~~through ~~debt is recorded net of the discount related to the BCF~~50-6, ~~and~~ the ~~Company~~following ~~amortizes~~material ~~the~~non-cash ~~discount~~transactions ~~to interest expense, over the life of the debt using the effective interest method.~~ occurred:

~~Derivative~~● ~~Financial~~Derecognition ~~Instruments~~of Time-Barred Obligations – The Company derecognized $763,377 in liabilities determined to be legally unenforceable due to expiration under applicable statutes of limitations. This transaction resulted in a gain on extinguishment of debt.

In● ~~the~~Exchange ~~case~~ of ~~non-conventional~~Debt ~~convertible~~for ~~debt,~~Warrants ~~the~~– ~~Company bifurcates its embedded derivative instruments and records them under the provisions of ASC Topic 815-15 “Embedded Derivatives.”~~ The Company’s ~~derivative~~extinguished ~~financial~~$137,499 ~~instruments~~in ~~consist~~outstanding ofobligations ~~embedded~~through ~~derivatives related to non-conventional convertible notes (see Note 8). The embedded derivative includes~~ the ~~conversion~~issuance ~~feature~~ of the notes. The accounting treatment of derivative financial instruments requires that the Company record the derivatives at their fair values as of the inception date of the respective agreement and at fair value as of each subsequent balance sheet date. Any change in fair value will be recorded as non-operating2,750 ~~non-cash income or expense at each reporting date~~warrants. If ~~the~~This ~~fair~~transaction ~~value~~represented ~~of the derivatives is higher at the subsequent balance sheet date, the Company will record~~ a non-~~operating, non-~~cash ~~charge. If~~settlement ~~the fair value~~ of ~~the derivatives is lower at the subsequent balance sheet date, the Company will record non-operating, non-cash income~~liabilities.

At● ~~September~~Reclamation ~~30,~~of ~~2014,~~Common ~~the~~Shares – The Company ~~did~~reclaimed ~~not~~9,544,690 ~~have~~previously ~~sufficient~~issued ~~authorized~~common shares infrom ~~reserve~~a toshareholder. ~~meet~~These ~~the number of~~ shares ~~that~~were ~~would~~returned beto ~~issued~~treasury ~~upon~~without the ~~complete~~exchange ~~conversion~~of ~~its~~consideration ~~convertible~~and ~~debt.~~accounted ~~The~~for ~~Company~~as ~~recognized~~ a ~~liability~~reduction ~~of $1,813,208 on the share deficiency which was charged~~ to ~~operations~~common stock and ~~included~~additional paid-in ~~change in fair value of derivative liabilities pursuant to ASC Topic 815-40-25~~capital.

Concentrations of Credit Risk

The Company primarily transacts its business with one financial institution. The amount on deposit in that one institution may from time to time exceed the federally-insured limit.

~~MINERALRITE~~● ~~CORPORATION~~Business ~~AND~~Combination ~~SUBSIDIARY~~through Preferred Share Issuance – The Company engaged in a business combination valued at $240,000. Consideration included the issuance of 600 shares of Series C preferred stock. No cash consideration was exchanged in the transaction.

~~NOTES~~● TOBusiness ~~UNAUDITED~~Combination ~~CONDENSED~~through ~~CONSOLIDATED~~Preferred ~~FINANCIAL~~Share ~~STATEMENTS~~Issuance – The Company engaged in a business combination valued at $432,000,000. Consideration included the issuance of 6.9 million shares of Series NMC preferred stock, 6.9 million warrants, and the assumption of $5 million in obligations. No cash consideration was exchanged in the transaction.

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2014 AND 2013

Summary of Non-Cash Investing and Financing Activities

Description		Year	Amount		Non-Cash Consideration
Derecognition of time-barred obligations	2024		$	763,377	Legal extinguishment
Exchange of obligations for warrants	2024		$	137,499	2,750 warrants issued
Reclamation of common shares	2024			N/A	9,544,690 common shares reclaimed
Business Combination (Goldfield)	2024		$	240,000	600 Series C preferred shares issued
Business Combination (NMC)	2024		$	432,000,000	6.900,000 Series NMC preferred shares issued
				N/A	6.900,000 Warrants issued
			$	(5,000,000)	$5,000,000 Debt assumed

OfAs of the ~~Company’s~~close ~~revenue~~of ~~earned~~the ~~during~~fourth ~~the~~quarter ~~three~~of ~~months~~2024, ~~ended~~the ~~September~~Corporate ~~30,~~Actions ~~2014,~~Case ~~approximately~~with ~~37.50%~~FINRA ~~was~~regarding ~~generated~~the ~~from~~April ~~sales~~7, to2021, ~~one~~F ~~customer.~~Reorganization Merger OfRe-Domicile change and the ~~Company’s~~Application ~~revenue~~for ~~earned~~Revocation ~~during~~of the ~~nine~~Cease ~~months~~Trade ~~ended~~Order ~~September~~that ~~30,~~the ~~2014,~~Company ~~approximately~~filed ~~64%~~with ~~was~~the ~~generated~~Alberta Securities ~~from~~Commission ~~sales~~were toboth ~~one~~still ~~customer~~pending.

~~The~~In the ~~Company’s~~first ~~accounts~~quarter ~~receivable~~of ~~are~~2025, ~~typically~~subsequent ~~unsecured~~to the execution of the Definitive Agreement with NMC, the Company began and ~~are~~completed ~~derived~~the execution ~~from~~of ~~U.S.~~new ~~customers~~leases in ~~different~~the ~~industries~~name of California Precious Metals, LLC. with the Bureau of Land Management (“BLM”) covering the properties that it formerly held prior to the Company’s acquisition of this subsidiary from NMC. The Company also ~~performs~~began, ~~ongoing~~and ~~credit~~is ~~evaluations~~still in the process of ~~its~~completing, ~~customers~~the ~~and~~execution ~~maintains~~of ~~allowances~~new ~~for~~leases ~~potential~~in ~~credit~~the ~~losses.~~name ~~Historically~~of Peeples, ~~such~~Inc. ~~losses~~with ~~have~~the ~~been~~Arizona State ~~within~~Land ~~management~~Department (“ASLD”) covering the properties that it formerly held prior to the Company’s ~~expectations~~acquisition of this subsidiary from NMC. AsThe lease renewal process with the ASLD is a more complex and comprehensive process partly because the State of ~~September~~Arizona ~~30,~~imposes ~~2014,~~significantly ~~four~~more ~~customers~~requirements ~~accounted~~on ~~for~~the ~~100%~~Company due to the multi-year nature of the lease and because the process requires the filing and approval of the Company’s ~~net~~mining ~~accounts~~plan ~~receivable~~which ~~balance,~~it ~~respectively~~intends to begin executing in the near future.

~~Loss~~On January ~~per~~14, ~~Share~~2025, the Company formed a wholly owned limited liability company subsidiary, RITE Precious Metals LLC, under the laws of ~~Common~~the ~~Stock~~State of Michigan, at a nominal cost of $50. The purpose of this entity is to facilitate potential future activities related to the matched purchases and sales of precious metals. The entity has not commenced operations; nor has it established a bank account or acquired or incurred any assets or liabilities.

~~The~~On February ~~Company~~19, ~~reports earnings (loss) per share in accordance with Accounting Standards Codification “ASC” Topic 260-10~~2025, ~~"Earnings per Share." Basic earnings (loss) per share is computed by dividing income (loss) available to common shareholders by~~ the ~~weighted~~Company ~~average~~filed ~~number~~Form of10 ~~common~~with ~~shares available. Diluted earnings (loss) per share is computed similar to basic earnings (loss) per share except that~~ the ~~denominator~~Securities ~~is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued~~ and ifExchange ~~the~~Commission ~~additional~~to ~~common~~become ~~shares~~fully ~~were~~reporting ~~dilutive.~~under ~~Diluted earnings (loss) per share has not been presented since~~ the ~~effect~~Securities Exchange ofAct ~~the assumed conversion~~ of ~~debt to purchase common shares would have an anti-dilutive effect~~1934. ~~Potential~~On ~~common~~March ~~shares~~4, ~~as of September 30~~2025, ~~2014 that have been excluded from~~ the ~~computation~~Company offiled ~~diluted~~its ~~net~~first ~~loss~~amended ~~per~~Form ~~share consist of $756~~10,~~747~~ ~~of convertible debt~~ and ~~accrue~~on ~~interest~~March ~~convertible~~31, ~~into 12~~2025,~~741,090,168 shares~~ ofthe ~~common~~Company ~~shares~~received comments ~~(See~~from ~~Note~~Staff 8)at the SEC.

~~Long~~On February 26, 2025, the Company entered into a non-~~Lived~~exclusive ~~Assets~~investment banking agreement with Alpine Securities. The non-exclusive nature of the agreement allows the Company the flexibility to obtain services from other financial service firms on a when and as-needed basis even while the agreement remains in force.

~~The~~On March ~~Company accounts for its long-lived assets in accordance with ASC No. 360~~10, ~~“Property~~2025, ~~Plant and Equipment.” ASC No. 360 requires that long-lived assets be reviewed for impairment whenever events or changes in circumstances indicate that~~ the ~~historical cost carrying value of an asset may no longer be appropriate. The~~ Company’s ~~assesses~~current ~~recoverability~~president ofexercised the ~~carrying~~remaining ~~value~~outstanding ofoptions anhe ~~asset~~had bypurchased ~~estimating the future net cash flows expected to result~~ from ~~the~~multiple parties ~~asset,~~in ~~including~~October ~~eventual disposition. If the future net cash flows are less than the carrying value of the asset, an impairment loss is recorded equal to the difference between the asset’s carrying value~~ and ~~fair~~early ~~value~~November ~~or disposable value. During 2013, the Company believed there was an impairment~~ of ~~its long-lived assets and wrote off goodwill and investment in an unconsolidated subsidiary~~2023.

Fair Value of Financial Instruments

Pursuant to ASC No. 820, “Fair Value Measurements and Disclosures,” the Company is required to estimate the fair value of all financial instruments included on its balance sheet as of September 30. 2014. The Company’s financial instruments consist of cash, accounts receivables, payables, convertible debt and other obligations. The Company considers the carrying value of such amounts in the financial statements to approximate their fair value due to the short-term nature of the respective instrument.

Income Taxes

The Company accounts for income taxes under Section 740-10-30 of the FASB Accounting Standards Codification. Deferred income tax assets and liabilities are determined based upon differences between the financial reporting and tax bases of assets and

~~MINERALRITE~~On March ~~CORPORATION~~20, ~~AND~~2025, ~~SUBSIDIARY~~the Company’s received an approval on the application it had filed in September of 2024 with the Alberta Securities. That application sought a Revocation of the Cease Trade Order that had been previously been entered against the Company by the Alberta Securities Commission on June 28, 2013.

~~NOTES~~During March TOof ~~UNAUDITED~~2025, ~~CONDENSED~~Alpine ~~CONSOLIDATED~~Securities ~~FINANCIAL~~filed ~~STATEMENTS~~a Financial Industry Regulatory Authority (FINRA) Form 211 to request permission to initiate or resume quoting the Public entity’s common stock in the over-the-counter (OTC) market, under SEC Rule 15c2-11 of the Securities Exchange Act of 1934. This matter is still pending

~~FOR~~During the ~~THE~~first ~~THREE~~quarter ~~AND~~of ~~NINE~~2025, ~~MONTHS~~the ~~ENDED~~Company ~~SEPTEMBER~~began 30the process to expand its Board of Directors from a one-member Board to a five-member Board. Pursuant to Article 2 of the Company’s bylaws, ~~2014~~the ~~AND~~Board ~~2013~~has the authority to Change the Number of Directors (2.05) and to fill Vacancies (2.07) on the Board until the next election. It is the intention of the Chairman of the Board of Directors, James Burgauer, to appoint four (4) additional board members. A list of potential candidates are presently being vetted.

~~liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected~~ Pursuant to ~~reverse~~Section 2. ~~Deferred~~05 ~~tax~~Change ~~assets~~of ~~are~~Number, ~~reduced by a valuation allowance to~~ the ~~extent~~Company’s ~~management~~Bylaws, ~~concludes~~“The itnumber isof ~~more~~directors ~~likely~~may ~~than not that the assets will not~~ be ~~realized. Deferred~~changed ~~tax~~at ~~assets~~any ~~and~~time ~~liabilities~~by amendment ~~are~~of ~~measured~~these ~~using~~Bylaws, ~~enacted~~pursuant ~~tax rates expected~~ to ~~apply to taxable income in~~ the ~~years~~process inoutlined ~~which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change~~ in ~~tax~~Article ~~rates~~10 ~~is recognized in the statements~~ of ~~operations~~these ~~in the period that includes the enactment date~~Bylaws...”

~~Risk~~Pursuant to Section 2.07 Vacancies of the Company’s Bylaws, “Per Section 21.410 of the Law, all vacancies in the Board may be filled by the affirmative vote of a majority of the remaining directors, provided that any such director who fills a vacancy is qualified to be a director and ~~Uncertainties~~shall only hold the office until a new director is elected by the shareholders at the next meeting of the shareholders…The Board may fill a vacancy created by an increase in the number of directors for a term lasting until the next annual election of directors by the shareholders at the annual meeting or a special meeting called for the purpose of electing directors.”

~~The~~As of ~~Company~~the isclose ~~subject~~of tothe ~~risks~~fourth ~~common~~quarter toof ~~companies~~2024, in the ~~manufacturing~~Corporate ofActions ~~gold~~Case ~~mining~~with ~~equipment~~FINRA ~~industry,~~regarding ~~including,~~the ~~but~~April ~~not limited to~~7, ~~litigation~~2021, ~~development~~F ofReorganization Merger ~~new~~Re-Domicile ~~technological~~and ~~innovations~~the ~~and~~Form ~~dependence~~211 onapplication ~~key~~were ~~personnel~~both still pending.

~~Commitments~~As with most development stage companies, MineralRite Corporation continues to seek funding and ~~Contingencies~~partners for operations and growth. The Company continues to actively seek mining and mineral acquisitions, direct income mine and mineral royalty acquisitions, and reverse merger opportunities within the mineral and mining space and in complementary or related businesses. There can be no assurance that acquisitions will be found, or that additional financing will be available on terms favorable to the Company or at all. If adequate funds are not available or are not available on acceptable terms, the Company may not be able to fund its operations, and such inability to fund operations will have a materially adverse effect on the Company’s business, results of operations and financial conditions.

The accompanying ~~Company~~consolidated ~~follows~~financials ~~subtopic 450-20~~ of the ~~FASB~~Company ~~Accounting~~have ~~Standards~~been ~~Codification~~adjusted to ~~report~~reflect ~~accounting for contingencies. Certain conditions may exist as of~~ the ~~date~~changes ~~the financial statements are issued, which may result in a loss~~ to the ~~Company~~number ~~but~~of ~~which~~shares ~~will~~authorized and ~~only~~outstanding, beper-share ~~resolved~~amounts, ~~when~~stock ~~one~~splits, orshare ~~more future events occur or fail to occur. The Company assesses such contingent liabilities~~reclamations, ~~and~~derecognition ~~such assessment inherently involves an exercise~~ of ~~judgment.~~time-barred Inobligations, ~~assessing~~Section ~~loss~~3(a)9 conversions ~~contingencies~~and ~~related~~other to legal ~~proceedings~~and ~~that~~accounting ~~are~~events ~~pending~~which ~~against~~have ~~the~~been ~~Company~~described herein and/or ~~unasserted~~can ~~claims~~be ~~that~~found ~~may result~~ in ~~such proceedings,~~ the Company’s books ~~evaluates~~and ~~the perceived merits of any legal proceedings or unasserted claims as well as the perceived merits of the amount of relief sought or expected to be sought therein~~records.

If(2) Summary ~~the assessment~~ of aSignificant ~~contingency~~Accounting indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed. Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time that these matters will have a material adverse effect on the Company’s financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations or cash flows.Policies

~~Discontinued Operations~~Financial Statements

~~For~~The accompanying ~~those~~financial ~~businesses~~statements ~~where~~have ~~management~~been ~~has~~prepared ~~committed~~in toaccordance awith ~~plan to divest, each business is valued at the lower of its carrying amount or estimated fair value less cost to sell~~U.S. Ifgenerally ~~the~~accepted ~~carrying~~accounting ~~amount~~principles of(GAAP) ~~the~~and have ~~business~~been ~~exceeds its estimated fair value, an~~ audited.

In the opinion of management, the financial statements include all known adjustments (which consist primarily of normal, recurring accruals, estimates, and assumptions that impact the financial statements) necessary to present fairly the financial position as of the balance sheet dates and the results of operations for the years then ended, and cumulative from inception.

~~MINERALRITE~~Principles for ~~CORPORATION AND SUBSIDIARY~~Consolidation

~~NOTES~~The accompanying TOconsolidated ~~UNAUDITED~~financial ~~CONDENSED~~statements ~~CONSOLIDATED~~include ~~FINANCIAL~~the ~~STATEMENTS~~accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.

~~FOR~~Fair Value ~~THE~~of ~~THREE~~Financial ~~AND NINE MONTHS ENDED SEPTEMBER 30, 2014 AND 2013~~Instruments

~~impairment loss is recognized~~SFAS No. ~~Fair value is estimated using accepted valuation techniques such as a DCF model~~107, ~~valuations~~“Disclosures ~~performed~~about byFair ~~third~~Value ~~parties,~~of ~~earnings~~Financial ~~multiples~~Instruments”, orrequires ~~indicative~~disclosures ~~bids, when available. A number~~ of ~~significant~~information ~~estimates~~about ~~and assumptions are involved in~~ the ~~application~~fair value of ~~these~~certain ~~techniques,~~financial ~~including~~instruments ~~the~~for ~~forecasting~~which ofit ~~markets~~is ~~and~~practicable ~~market~~to ~~share,~~estimate ~~sales~~that ~~volumes and prices, costs and expenses, and multiple other factors~~value. ~~Management~~For ~~considers~~purposes ~~historical~~of ~~experience~~this ~~and all available information at the time the estimates are made; however~~disclosure, the fair value ~~that~~of isa ~~ultimately~~financial ~~realized~~instrument ~~upon~~is the ~~divestiture~~amount ofat awhich ~~business may differ from~~ the ~~estimated~~instrument ~~fair~~could ~~value~~be ~~reflected~~exchanged in ~~the~~a ~~Consolidated~~current ~~Financial~~transaction ~~Statements.~~between willing ~~Depreciation~~parties, ~~depletion,~~other ~~and~~than ~~amortization~~in ~~expense~~a isforced ~~not~~sale ~~recorded~~or onliquidation. ~~assets~~The ofcarrying aamounts ~~business~~of tothe beCompany’s ~~divested~~financial ~~once~~instruments, including ~~they~~cash ~~are~~and ~~classified~~cash asequivalents, ~~held~~accounts ~~for~~receivable, ~~sale.~~advances ~~Businesses~~ to besuppliers, ~~divested~~accounts ~~are~~payable ~~classified~~and inaccrued ~~the~~expenses, ~~Consolidated~~line ~~Financial~~of credit, ~~Statements~~notes asmaturity ~~either discontinued operations or held~~ for ~~sale~~these instruments.

~~For businesses classified as discontinued operations, the balance sheet amounts~~ Cash and results of operations are reclassified from their historical presentation to assets and liabilities of operations held for sale on the Consolidated Balance Sheet and to discontinued operations on the Consolidated Statement of Operations, respectively, for all periods presented. The gains or losses associated with these divested businesses are recorded in discontinued operations on the Consolidated Statement of Operations. The Consolidated Statement of Cash ~~Flows is also reclassified for assets and liabilities of operations held for sale and discontinued operations for all periods presented.~~ Equivalents

~~Recent~~For the ~~Accounting~~Statements ~~Pronouncements~~of Cash Flows, all highly liquid investments with a maturity of three months or less are considered to be cash equivalents.

~~The~~Mineral Properties ~~Company’s~~and management has evaluated all recent accounting pronouncements since the last audit through the issuance date of these financial statements. In the Company’s opinion, none of the recent accounting pronouncements will have a material effect on the financial statements.Interests

~~NOTE~~Mineral properties 3are –recorded ~~ACQUISITION~~as OFtangible ~~GOLDFIELD~~or ~~INTERNATIONAL~~intangible assets depending on the nature of the rights acquired. Acquisition costs of mineral interests, ~~INC~~including legal and other directly attributable costs, are capitalized when the rights are obtained. Exploration and evaluation expenditures are capitalized when they relate to specific properties and it is probable that future economic benefits will be realized. Development expenditures incurred to prepare a mineral asset for production are capitalized once technical feasibility and commercial viability are demonstrable.

OnCapitalized costs ~~March~~are 1,classified ~~2013,~~as the Company acquired the outstanding stock of Goldfield International, Inc., a manufacture of gold mining equipment and parts located in Lindon, Utah. The acquisition was a stock purchase and therefore encompasses all of Goldfield’s business operations. either:

In● ~~exchange~~Mineral ~~for~~Rights ~~Goldfield’s~~(Intangible ~~outstanding~~Assets): ~~stock,~~Rights ~~the~~to ~~Company~~explore ~~issued~~or ~~2,000,000~~extract ~~shares~~minerals offrom ~~its~~specific ~~common stock~~properties. ~~The Company valued the acquisition at the fair value of the shares it issued amounting to $900,000.~~

In● ~~addition,~~Mine ~~the~~Development ~~Company~~and ~~entered~~Infrastructure ~~into~~(Tangible ~~separate~~Assets): ~~agreement~~Includes tostripping, ~~acquire~~drilling, ~~the personal goodwill of the seller for $100~~roads,~~000~~ ~~(See~~and ~~Note~~tailings 6)infrastructure.

WeThese assets ~~valued~~are ~~the~~reviewed for impairment in accordance with ASC 360-10 when events or changes in circumstances indicate that their carrying amount may not be recoverable. Depreciation of tangible mineral assets ~~acquired~~begins when the asset is ready for its intended use, using the units-of-production method based on proven and ~~liabilities~~probable ~~assumed~~reserves. asIntangible ~~follows:~~mineral rights are amortized over the life of the associated mineral reserves on a units-of-production basis or tested for impairment if not yet in use.

All mineral properties are currently classified as exploration stage assets. Acquisition costs, including amounts assigned in connection with business combinations, are capitalized when control of the mineral interest is obtained. However, no value has presently been assigned to the underlying mineralization until technical feasibility and commercial viability are demonstrated.

Exploration expenditures, such as geological surveys, sampling, and exploratory drilling, are expensed as incurred unless they relate to a specific property with future economic potential. The Company assesses its exploration properties for impairment indicators under ASC 360-10 when circumstances suggest the carrying amount may not be recoverable.

~~MINERALRITE~~Mineral assets ~~CORPORATION~~acquired ~~AND~~in ~~SUBSIDIARY~~a business combination are recorded at fair value at the acquisition date in accordance with ASC 805, even if the acquired assets are at an early stage of exploration. As of the reporting date, all properties are considered non-depreciable due to their exploratory nature, and no depletion or amortization is recorded.

~~NOTES~~As of TOMarch ~~UNAUDITED~~31, ~~CONDENSED~~2025, ~~CONSOLIDATED~~the ~~FINANCIAL~~Company ~~STATEMENTS~~holds four mineral assets through wholly owned subsidiaries. All properties are classified as exploration-stage and are not currently in development or production. Accordingly, no depreciation, amortization, or depletion has been recognized.

~~FOR~~The mineral ~~THE~~assets ~~THREE~~were ~~AND~~acquired ~~NINE~~as ~~MONTHS~~part ~~ENDED~~of ~~SEPTEMBER~~a 30business combination and are carried at a total book value of $432 million. This amount reflects the fair value assigned at the acquisition date in accordance with ASC 805, ~~2014~~and ~~AND~~not ~~2013~~a direct valuation of the underlying mineralization.

Current assets (including cash)	$ 226,809
Property and equipment	104,600
Intangibles and goodwill	875,667
Current liabilities, including above indicating $100,000 debt	(307,076)
Total purchase price	$ 900,000

The intangibles and goodwill of $875,667 was written off in 2013 due to impairment.

Major Class of Asset		Gross Carrying Amount				Accumulated Depreciation				Net Carrying Amount
Exploration Properties (All)		$	432,000,000			$	0			$	432,000,000

~~NOTE~~The 4Gross Carrying Amount denoted in the table above is based on the Business Combination Value in accordance with ASC 805. As of March 31, 2025, no events or changes in circumstances have been identified that would indicate impairment under ASC 360-10-35. The ~~DISCONTINUED~~Company ~~OPERATIONS~~continues to evaluate the technical and economic potential of these properties.

~~Effective December 6, 2013, the Company completed the terms of its settlement agreement with Santeo Financial Corporation~~ Property and ~~other~~Equipment ~~third~~Depreciation ~~party creditors. Under the terms of the settlement agreement, the Company issued 30,000,000 shares of its common stock~~ and ~~transferred all of its oil and gas operations including the related assets and liabilities in exchange for the cancelation of $372,568 of debt.~~ Depletion

InProperty that ~~accordance~~is ~~with~~subject ~~the~~to ~~provisions~~depreciation ofand ~~ASC~~equipment ~~Topic~~are ~~205-20,~~recorded ~~Discontinued~~at ~~Operations,~~historical ~~the~~cost. ~~Company~~Major ~~has~~additions ~~reclassified~~and ~~its~~renewals ~~revenue~~are capitalized and depreciated ~~expenses~~over oftheir ~~its~~estimated ~~oil~~useful ~~and~~lives. ~~gas~~The ~~operations~~Company touses ~~“loss~~the ~~from~~straight-line ~~discontinued~~method ~~operations”~~of ~~for~~depreciation. ~~the~~The ~~three~~estimated ~~months~~useful lives ~~and~~for ~~six~~significant ~~months~~property ~~ended~~and ~~June~~equipment ~~30,~~categories ~~2013.~~are as follows:

~~NOTE~~ Schedule of 5Property –and ~~PREPAID~~Equipment ~~SERVICES~~Depreciation

On February 4, 2013, the Company issued a total of 7,000,000 (post-split) shares of its common stock of to five individuals and five entities in exchange for consulting services, valued at $2,450,000. The $2,450,000 is being charged to operations over the three-year term of the respective agreement. Mr. Guy Peckham, the Company’s president, received 2,000,000 of the 7,000,000 shares issued. The 2,000,000 shares were valued at $700,000.

Office and computer equipment	3 – 7 years
Machinery and equipment	5 – 10 years

OnProperty that ~~October~~is ~~30,~~subject ~~2012,~~to ~~the~~depletion ~~Company~~is ~~issued~~recorded aat ~~total~~historical ofcost. ~~33,000,000~~The ~~shares~~Company ofaccounts ~~its~~for ~~common~~depletion ~~stock~~using the Unit-of-Production tomethod of ~~five~~accounting. ~~individuals~~Under ~~and~~this ~~five~~methodology, ~~entities~~the incost ~~exchange~~of ~~for~~the ~~consulting~~property ~~services,~~and ~~valued~~the atcost ~~$429,000.~~of ~~The~~major ~~$429,000~~additions ~~is being charged~~ to ~~operations~~the ~~over~~property, ~~the~~such ~~three-year~~as ~~term~~development costs, ofexploration ~~the~~costs, ~~respective~~and ~~agreement.~~other Ascosts ~~indicated~~directly inattributable ~~Note~~to 6,bringing ~~Mr.~~the ~~Guy~~resource ~~Peckham,~~to the ~~Company’s~~point ~~president,~~of ~~received~~extraction ~~11,500,000~~are ofcapitalized and ~~the~~then ~~33,000,000~~depleted ~~shares~~based ~~issued.~~on ~~The~~the ~~11,500,000~~amount ~~shares~~of ~~were~~resource ~~valued~~extracted atduring ~~$149,500.~~the period.

Impairment of Long-Lived Assets

The Company evaluates the recoverability of long-lived assets and the related estimated remaining lives at each balance sheet date. The Company records an impairment or change in useful life whenever events or changes in circumstances indicate that the carrying amount may not be recoverable or the useful life has changed. During the periods covered in the financial statement, if and when any such assets were deemed by the Company to be not recoverable, then the Company fully depreciated those assets.

~~MINERALRITE~~Income/Loss per ~~CORPORATION~~Common ~~AND SUBSIDIARY~~Share

~~NOTES~~Earnings Per TOShare ~~UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS~~

~~FOR~~For the ~~THE~~quarter ~~THREE~~ending ~~AND~~March ~~NINE~~31, ~~MONTHS~~2025, ~~ENDED~~the ~~SEPTEMBER~~Company 30posted a Net Loss of $81,688. ~~2014~~For ~~AND~~the ~~2013~~quarter ending March 31, 2024, the Company posted a Net Loss of $71,176. When calculating earnings per share, in accordance with ASC 260-10-45-11, income available to common stockholders is reduced by:

~~Consulting~~● ~~fees~~Dividends ~~charged~~declared ~~to operations~~ during the ~~three~~period ~~months~~on ~~ended~~preferred ~~September~~stock ~~30,~~(whether ~~2014~~paid ~~and~~or ~~2013 relating to these two transactions amounted to $239~~unpaid),~~917~~ and $299,917, respectively. Consulting fees charged to operations during the nine months ended September 30, 2014 and 2013 relating to these two transactions amounted to $719,751 and $698,643, respectively. The unamortized balance at September 30, 2014 totaled $1,256,745. Amortization expense over the remaining terms of the respective consulting agreement is as follows:

	9 months ended September 30, 2014
2014	$ 239,917
2015	959,667
2016	57,161
	$ 1,256,745

●

Dividends accumulated for the period on cumulative preferred stock, whether declared or not.

~~NOTE~~The Company’s 6Series -A ~~RELATED~~Preferred ~~PARTY~~Stock ~~TRANSACTIONS~~is cumulative and accrues dividends at a rate of $0.10 per share annually. While no dividends were declared during the quarter ending March 31, 2025, or during the quarter ending March 31, 2024, the amount of accrued dividends of $2,625 and $10,500 (based on the rate of $0.10 per share for each of the 105,000 Series A preferred shares) needs to be deducted from the net income figure (being reserved for the benefit of preferred shareholders) in each period, leaving a balance of $84,313 Net Loss Attributable to Common Stockholders and $73,801 Net Income Attributable to Common Stockholders respectively.

~~The~~Basic Earnings ~~Company’s~~Per ~~manufacturing~~Share facilities are being leased from the former sole shareholder of Goldfield on a month-to-month basis at $8,000 per month. The Company did not pay rent for the nine month period ended September 30, 2014 and the Company had an outstanding balance of $40,000 due on this obligation, which has been included in the Company’s accounts payable balance as of September 30, 2014. (EPS)

OnBasic earnings ~~February~~per 4,share ~~2013,~~(EPS) ~~the~~is ~~Company~~computed ~~issued~~by ~~Mr.~~dividing ~~Guy~~Net ~~Peckham,~~Income ~~the~~(Loss) ~~Company’s~~Attributable ~~current~~to ~~president~~Common ~~2,000,000~~Stockholders ~~shares~~by ofthe ~~its~~Weighted-Average Number ~~common~~of ~~stock~~Common ~~for~~Shares ~~services.~~Outstanding ~~The~~during ~~2,000,000 shares were valued at $700,000, which is being charged to operations over~~ the ~~three year term of the underlying agreement~~period.

AsDuring the ofquarter ~~June~~ending 30March 31, ~~2014~~2025, ~~certain~~the ~~shareholders~~Weighted ~~have~~Average ~~advanced~~Number of Shares Outstanding was 4,347,776,842. For the quarter ending March 31, 2025, the Company ahad ~~total~~no ofcommon ~~$19~~share issuances or reclamations. As such,~~845~~ ~~that~~the isWeighted ~~payable~~Average onShares ~~demand~~Number of Common Shares Outstanding during the period was 4,347,776,842, and the Basic Earnings Per Share for the quarter March 31, 2025, is ~~non-interest~~a loss ~~bearing~~of $0.000019 per share.

During the quarter ending March 31, 2024, the Weighted Average Number of Shares Outstanding was 4,357,321,532. For the quarter ending March 31, 2024, the Company had no common share issuances or reclamations. As such, the Weighted Average Shares Number of Common Shares Outstanding during the period was 4,357,321,532, and the Basic Earnings Per Share for the quarter March 31, 2024, is a loss of $0.000017 per share.

Fully Diluted Earnings Per Share (EPS) Calculation

To calculate fully diluted earnings per share, the Company uses the Treasury Stock Method. This methodology adds to the Weighted Average Shares Outstanding to the number of additional shares that could potentially be issued pursuant to the conversion of all of the Company’s in-the-money outstanding convertible securities (stock, contractual rights (options), warrants and debt), with the further assumptions that all funds received pursuant to the conversions would be used to purchase the maximum number of shares at the average price per share for the period in order to offset and minimize the dilution effects (i.e. the net dilution).

As of March 31, 2025, the Company has four (4) Series of preferred shares that are convertible into common stock (Series B, C, D and NMC), and one that is not (Series A). Additionally, the Company has issued contractual rights (which act like options, and for the purposes of these calculations will be treated like options even though the Company does not believe that they qualify as a security by virtue of the fact that their issuance was related to the individuals’ compensation agreements and the terms of the contractual rights were negotiated privately between the parties for commercial purposes, thereby qualifying them as bespoke) to some of its funders and to its key personnel (as part of their independent contractor employment or other agreements). The Company has also issued warrants (Series C warrants) in conjunction with the conversion of the principal amount of $137,499 in convertible obligations plus interest and penalties associated therewith and has issued warrants in conjunction with issuance of two of its series of its preferred shares (Series D and Series NMC).

As of March 31, 2024, the Company had two (2) Series of preferred shares that are convertible into common stock (Series B and C), and one that is not (Series A). Additionally, the Company has issued contractual rights (which act like options, and for the purposes of these calculations will be treated like options even though the Company does not believe that they qualify as a security by virtue of the fact that their issuance was related to the individuals’ compensation agreements and the terms of the contractual rights were negotiated privately between the parties for commercial purposes, thereby qualifying them as bespoke) to some of its funders and to its key personnel (as part of their independent contractor employment or other agreements).

~~MINERALRITE~~However, when ~~CORPORATION~~a ~~AND~~Company ~~SUBSIDIARY~~posts a loss, it does not include potentially dilutive securities in its Earnings Per Share calculations; rather, it sets Fully Diluted Earnings Per Share equal to Basic Earnings Per Share.

~~NOTES~~Fully Diluted TOEarnings ~~UNAUDITED~~Per ~~CONDENSED~~Share ~~CONSOLIDATED~~(EPS) ~~FINANCIAL~~Calculation ~~STATEMENTS~~for March 31, 2025

~~FOR~~When a ~~THE~~Company ~~THREE~~posts ~~AND~~a ~~NINE~~loss, ~~MONTHS~~it ~~ENDED~~does ~~SEPTEMBER~~not 30include potentially dilutive securities in its Earnings Per Share calculations; rather, ~~2014~~it sets ~~AND~~Fully ~~2013~~Diluted Earnings Per Share equal to Basic Earnings Per Share. Therefore, for the quarter ending March 31, 2025, Fully Diluted Earnings Per Share is de facto set to equal Basic Earnings Per Share which was calculated to be a loss of $0.000019 per share.

InFully Diluted ~~connection~~Earnings ~~with~~Per ~~the~~Share ~~acquisition~~(EPS) ofCalculation ~~Goldfield,~~for ~~the~~March ~~Company entered into a consulting agreement with the former shareholder of Goldfield~~31, whereby commencing May 1, 2013, the Company agreed to pay him a consulting fee of $5,000 per month over the 30 month term of the agreement. As of September 30, 2014, the Company had an outstanding balance of $38,000. 2024

AsWhen a ~~discussed~~Company inposts ~~Note~~a 3loss, ~~the~~it ~~Company~~does ~~entered~~not ~~into~~include anpotentially ~~agreement~~dilutive tosecurities ~~acquire~~in ~~the~~its ~~personal~~Earnings ~~goodwill~~Per ofShare ~~the~~calculations; ~~former~~rather, ~~shareholder~~it sets ofFully ~~Goldfield~~Diluted ~~for~~Earnings ~~$100,000~~Per ~~payable~~Share inequal ~~three~~to ~~installments~~Basic ofEarnings ~~$33,000~~Per ~~due~~Share. ~~April 1~~Therefore, ~~2013,~~for ~~$33,000~~the ~~due~~quarter ~~May~~ending 1March 31, ~~2013 and $34~~2024,~~000~~ ~~due~~Fully Diluted ~~June~~Earnings 1,Per ~~2013.~~Share ~~The~~is ~~debt~~de ~~was~~facto ~~assigned~~set to ~~the~~equal ~~Company’s~~Basic ~~President~~Earnings inPer ~~June~~Share ~~2014~~which ~~and~~ was ~~cancelled~~calculated onto ~~July~~be 1,a ~~2014~~loss ~~through the issuance~~ of ~~105,000~~$0.000017 per ~~shares of the Company’s Series A Preferred Stock (See Note 10)~~share.

~~NOTE~~Stock-Based Compensation ~~7 – NOTES PAYABLE~~Arrangements

OnThe Company ~~December~~accounts ~~17,~~for ~~2013,~~stock-based ~~the~~compensation ~~Company~~arrangements ~~borrowed~~in ~~$10,000~~accordance ~~from~~with anguidance ~~unrelated~~provided ~~third~~by ~~party.~~the ~~The~~Financial ~~loan~~Accounting isStandards Board ~~assessed~~Accounting ~~interest~~Standards atCodification an(“ASC”). ~~annual~~This ~~rate~~guidance ofaddresses ~~15%~~all ~~and~~forms ~~matured~~of onshare-based ~~March~~payment 1awards, including ~~2014~~shares issued under employee stock purchase plans, ~~when~~stock ~~the~~options, ~~principal~~restricted stock and ~~accrued~~stock ~~interest~~appreciation ~~became~~rights, ~~fully~~as well ~~due.~~as ~~Interest~~share ~~accrued~~grants and ~~charged~~other awards issued to ~~interest~~employees ~~expense~~and ~~for~~non-employees ~~the~~under ~~three~~free-standing ~~months~~arrangements. ~~and~~These ~~six~~awards ~~months~~are recorded ~~ended~~at ~~June~~costs ~~30,~~that ~~2014~~are ~~amounted~~measured toat ~~$370~~fair ~~and~~value ~~$370,~~on ~~respectively.~~the ~~The~~awards’ ~~balance~~grant ofdates, ~~the~~based ~~note~~on ~~and~~the ~~accrued~~estimated ~~interest~~number ~~totaling~~of ~~$10,427~~awards ~~was~~that are ~~paid~~expected ~~off~~to ~~during~~vest ~~the~~and ~~three~~will ~~months~~result ~~ended~~in ~~June~~charges ~~30,~~to ~~2014~~operations.

OnFrom time ~~September~~to 17time, ~~2014,~~ the Company’s ~~borrowed~~shares ~~$25,000 from an unrelated third party. The loan is assessed interest at an annual rate~~ of ~~12%.~~common ~~The~~stock ~~loan~~have ~~matures~~been onissued ~~September~~as ~~17,~~payment ~~2015~~to ~~when~~employees ~~the principal~~ and ~~accrued~~non-employees ~~interest~~for ~~becomes fully due. Interest accrued~~ services and ~~charged to interest expense for~~ the ~~three~~reduction ~~months~~of ~~and~~debt. ~~nine~~These ~~months~~are ~~ended~~non-cash ~~September~~transactions ~~30,~~that ~~2014~~require ~~amounted~~management to ~~$106~~make ~~and~~judgments ~~$106,~~related ~~respectively.~~to ~~The~~the ~~balance~~fair value of the ~~note~~shares ~~and~~issued, ~~accrued~~which ~~interest~~affects atthe ~~September~~amounts ~~30,~~reported ~~2014,~~in ~~amounted~~the toCompany’s ~~$25,106.~~accompanying ~~The~~financial ~~principal~~statements ~~and~~for ~~accrued~~certain of ~~interest~~its ~~became~~assets ~~convertible~~and ~~on March 16, 2015~~expenses.

OnIncome September 17, 2014, the Company borrowed $30,000 from an unrelated third party. The loan is assessed interest at an annual rate of 10%. A loan fee of $2,500 was assessed on the loan and is included in the principal balance and is being amortized into interest expense over the life of the loan. The loan matures on September 17, 2015 when the principal and accrued interest becomes fully due. Interest accrued and charged to interest expense for the three months and nine months ended September 30, 2014 amounted to $116 and $116, respectively. Amortization of the loan fee that was charged to interest expense for the three and nine months ended September 30, 2014 totaled $109. The balance of the note and accrued interest at September 30, 2014, net of the unamortized loan fee amounted to $30,225. The principal and accrued interest became convertible on March 16, 2015. Taxes

~~NOTE~~The Company 8accounts –for ~~CONVERTIBLE~~income ~~DEBT~~taxes according to the ASC 740, Income Taxes (“ASC 740”) using the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been recognized in the financial statements or in tax returns. Deferred taxes are determined based on the difference between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect in the years in which the differences are expected to reverse. Changes in deferred tax assets and liabilities are recorded in the provision for income taxes. The Company assesses the likelihood that its deferred tax assets will be and, to the extent it believes, based upon the weight of available evidence, that it is more likely than not that the Company’s portion of the deferred tax assets will not be realized, a valuation allowance is established through a charge to income tax expense. In evaluating the Company’s ability to recover its deferred tax assets, the Company considers all available positive and negative evidence, including projected future taxable income, prudent and feasible tax planning strategies and recent financial operations.

The Company accounts for uncertainty in income taxes recognized in the financial statements by applying a two-step process to determine the amount of tax benefit to be recognized. First, the tax position must be evaluated to determine the likelihood that it will be sustained upon external examination by the taxing authorities. If the tax position is deemed more-likely-than-not to be sustained, the tax position is then assessed to determine the amount of benefit to recognize in the financial statements. The amount of benefit that may be recognized is the largest amount that has a greater than fifty (50%) percent likelihood of being realized upon ultimate settlement. To the extent the Company determines that such tax provisions will not be sustained, the provision for income taxes would include the effects of any resulting income tax reserves, or unrecognized tax benefits, that are considered appropriate as well as the related net interest and penalties.

~~MINERALRITE~~Deferred Offering ~~CORPORATION AND SUBSIDIARY~~Costs

~~NOTES~~The Company TOdefers, ~~UNAUDITED~~as ~~CONDENSED~~other ~~CONSOLIDATED~~assets, ~~FINANCIAL~~the ~~STATEMENTS~~direct incremental costs of raising capital until such time as the offering is completed. At the time of the completion of the offering, the costs are charged against the capital raised. Should the offering be terminated, deferred offering costs are charged to operations during the period in which the offering is terminated.

~~FOR~~Recent Accounting ~~THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2014 AND 2013~~Pronouncements

~~On December 31 2013, the~~ Company management ~~borrowed~~has ~~$40,000~~not ~~from~~knowingly annor ~~unrelated~~willfully ~~third~~implemented ~~party.~~any ~~The~~new ~~loan~~accounting ispronouncements ~~secured~~that bycould ~~the~~have ~~Company’s~~had ~~accounts~~any ~~receivable.~~material ~~The~~impact on ~~terms of~~ the ~~loan~~preparation ~~includes~~or apresentation ~~loan fee~~ of ~~$400, which is being amortized and charged to operations over~~ the ~~term~~accounting ofresults ~~the~~that ~~loan.~~have ~~Under~~been ~~the~~reported ~~terms~~for of the ~~loan,~~periods ~~the~~covered ~~Company~~by ~~was~~these ~~required~~financial statements tounless ~~pay~~otherwise ~~back a total of $57,600 at a rate of $444 per day (excluding weekends and bank holidays)~~disclosed. ~~The~~Management ~~effective~~does ~~interest~~not ~~rate~~believe onthat ~~this~~there ~~loan~~are isany inother ~~excess~~new ofaccounting ~~32%~~pronouncements ~~per~~that have ~~annum.~~been Onissued ~~August~~that ~~19,~~might ~~2014,~~have ~~the outstanding principal balance and accrued interest became convertible into the Company’s common stock at~~ a ~~conversion~~material ~~price~~impact ~~equal~~on toits ~~the~~financial ~~40%~~position ofor ~~the~~results ~~lowest trading price per share~~ of ~~the Company’s common stock reported for the 10 trading days prior to conversion~~operations.

On February 14 2014, the Company borrowed an additional $75,088 from same unrelated third party indicated above. The loan is secured by the Company’s accounts receivable. The Company was required to pay back a total of $111,750 at a rate of $860 per day (~~excluding weekends and bank holidays~~3). Going The effective interest rate on this loan is in excess of 50% per annum. During the 2014, the Company has made principal payments totaling $10,836, of which the last payment of $436 was paid in April 2014. On August 19, 2014, the outstanding principal balance and accrued interest became convertible into the Company’s common stock at a conversion price equal to the 40% of the lowest trading price per share of the Company’s common stock reported for the 10 trading days prior to conversion. Concern

~~During~~Though management ~~2013~~of ~~and 2014,~~ the Company ~~has~~believes ~~received~~that ~~funds~~the ~~totaling~~Company ~~$655,000~~will ~~(net~~be ofsuccessful ~~reimbursable~~in ~~loan~~its ~~fees~~capital formation and ~~costs)~~operating ~~through the issuance of convertible promissory notes. In addition~~activities, ~~the~~there can ~~Company~~be ~~has~~no ~~also~~assurance ~~issued~~that ~~convertible~~it ~~promissory~~will ~~notes~~be able to ~~vendors~~obtain ~~and~~funding, ~~other~~raise ~~creditors~~additional inequity ~~cancelation~~capital ofor ~~amounts~~be ~~due~~able ~~them.~~to ~~These~~generate ~~outstanding~~sufficient revenues ~~balances~~to ofsustain ~~these~~its ~~notes are convertible into a variable number of the Company’s common stock~~operations. ~~Therefore~~The ~~the~~ Company ~~accounted~~is ~~for~~presently ~~these~~engaged ~~Notes~~in ~~under~~and ~~ASC~~intends ~~Topic~~to ~~815-15~~conduct ~~“Embedded~~additional ~~Derivative.” The~~capital ~~derivative~~formation ~~component~~activities through of the ~~obligation~~issuance ~~are~~of ~~initially~~preferred ~~valued~~ and ~~classified~~common asstock ~~a derivative liability with an offset~~ to ~~discounts~~establish onsufficient ~~convertible~~working ~~debt.~~capital ~~Discounts~~and ~~along with loan fees are being amortized~~ to ~~interest~~expand ~~expense~~its ~~over the respective term of the related note~~operations. InThe ~~determining~~Company has ~~the~~incurred ~~indicated~~an ~~values~~operating ofloss ~~the~~since ~~convertible~~its ~~notes~~inception ~~issued~~and ~~in 2014,~~ the Company’s ~~used~~present ~~the~~cash ~~Black~~resources ~~Scholes~~are ~~Option~~insufficient ~~Model~~to ~~with~~meet aits planned ~~risk-free~~business ~~interest rate of ranging from 0~~objectives.~~02%~~ toThese ~~.13%,~~and ~~volatility~~other ~~ranging~~factors ~~from~~raise ~~248.26%~~substantial ofdoubt ~~394,74%,~~about ~~trading~~the ~~price~~Company’s ofability ~~$0,0002~~to ~~and~~continue as a ~~conversion~~going ~~prices ranging from $0~~concern.~~00004 per share to $0.00064 per share.~~

~~Accrued~~The accompanying ~~interest~~financial onstatements ~~the~~have ~~above~~been ~~indicated~~prepared ~~notes~~in ~~that~~conformity ~~was~~with ~~charged~~U.S. togenerally ~~operations~~accepted ~~for~~accounting ~~the~~principles ~~three~~(GAAP), which ~~months~~contemplate ~~and~~continuation ~~nine~~of ~~months~~the ~~ended~~Company ~~September~~as ~~30,~~a ~~2014~~going ~~totaled~~concern. ~~approximately~~The ~~$36,689~~accompanying ~~and~~financial ~~$117,792,~~statements ~~respectively.~~do ~~Amortization~~not ofinclude ~~the~~any ~~discounts~~adjustments to ~~for~~reflect the ~~three~~possible ~~months~~future ~~and~~effects ~~nine~~on ~~months~~the ~~ended~~recoverability ~~September 30, 2014 totaled $163,666~~ and ~~$454,663,~~classification ~~respectively,~~of ~~which~~assets ~~was~~or ~~charged~~the toamounts ~~interest~~and ~~expense.~~classification ~~The balance~~ of liabilities ~~the~~that ~~convertible~~may ~~notes~~result atfrom ~~September~~the ~~30,~~possible ~~2014~~inability ~~including~~of ~~accrued~~the ~~interest~~Company ~~and~~to ~~net~~continue ofas ~~the~~a ~~discount~~going ~~amounted to $375,336~~concern.

A(4) Investment ~~recap~~in ~~of the balance of outstanding convertible debt at September 30, 2014 is as follows:~~Subsidiaries

	9 months ended September 30, 2014
Principal balance	$ 691,707
Accrued interest	65,040
Less discounts and
Fees, net of accumulated amortization	(381,411)
Balance maturing for the period ending:
June 30, 2015	$ 375,336

The Company’s operating projects are generally segregated into subsidiaries. The Company does this for a variety of reasons. In some cases, certain series of the Company’s securities may have been granted priority claims to the assets of a particular subsidiary. In other cases, operations may engage specific joint venture partners which are entitled to a contractual share of the revenue or net revenue being generated by a project or a subsidiary. In still other cases, the Company may feel the need to segregate operations based on legal, risk, accounting or other factors. Management exercises its discretion in making such decisions.

~~During~~The Company ~~the~~consolidates ~~three~~onto ~~months~~its ~~ended~~financial ~~September~~statements ~~30,~~all ~~2014, 1,029,804,737 shares~~ of ~~the~~its ~~Company’s~~activities ~~common~~and ~~stock~~that ~~was issued in the cancelation~~ of ~~convertible~~its ~~debt~~wholly ~~with~~owned ~~totaling $69~~subsidiaries,~~064.~~ ~~The~~and ~~Company~~in ~~recognized~~so doing, aeliminates ~~net~~all ~~loss~~intercompany onbalances ~~the~~and ~~extinguishment of this debt in the amount of $84,180~~transactions.

The Company valued the derivative liabilities at September 30, 2014 at $4,258,201 (including a $1,813,208 liability on the Company’s shortage of its remaining common shares authorized for issuance compared to the number of shares required for full conversion if its convertible debt). The Company recognized a change in the fair value of derivative liabilities for the three months ended September 30, 2014 and 2013 of $2,635,411 and $(1,061), respectively, which were charged to operations. The Company recognized a change in the fair value of derivative liabilities for the nine months ended September 30, 2014 and 2013 of $3,605,284 and $238,297, respectively, which was charged to operations. In determining the indicated values at September 30, 2014, the Company used the Black Scholes Option Model with a risk-free interest rate of ranging from 0.02% to .13%, volatility ranging from 248.26% of 394,74%, trading price of $0.0002 and a conversion prices ranging from $0.00004 per share to $0.00064 per share.20

~~NOTE~~When making 9an acquisition of an entity that the Company intends to operate as a subsidiary or otherwise, the Company will generally hold the assets and liabilities so acquired on its balance sheet at the same basis that they were held by the entity prior to being acquired, subject to a determination by the Company’s accountants and auditors that doing so is in accordance with U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. In the event that the Company determines that a mineral asset is not sufficiently documented to meet the requirements of the SEC’s Modernization of Property Disclosures for Mining Registrants (17 CFR Parts 229, 230, 239, and 249 [Release Nos. 33-10570; 34-84509; ~~INCOME~~File ~~TAXES~~No. S7-10-16]), the Company will hold those assets on its balance sheet at a value of zero ($0) until such time as the Company obtains an SEC / JORC compliant reserve report.

~~Deferred~~(5) Convertible income tax assets and liabilities are computed for differences between financial statement and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. Income tax expense is the tax payable or refundable for the period plus or minus the change during the period in deferred tax assets and liabilities.Obligations

The Company’s ~~net~~has ~~operating~~issued ~~loss~~convertible ~~for~~obligations ~~income~~to ~~tax~~multiple ~~reporting~~lenders ~~purposes~~where ~~was~~the ~~significantly~~obligation ~~impacted~~is byconvertible ~~the~~into ~~change~~common instock, ~~control~~at ~~which~~the ~~occurred~~lender’s option, onin ~~October~~the ~~30,~~event ~~2012.~~the ~~The~~ Company ~~has~~does anot ~~net~~fully ~~operating~~repay ~~loss~~the ~~carryover~~lender. atExcept ~~September~~for 30one lender, ~~2014~~whose ofbeneficial ~~approximately~~owner ~~$2,560,000 that~~ is ~~available~~affiliated with toanother ~~offset~~lender ~~future~~who ~~income~~lent ~~for~~money ~~income~~to ~~tax~~the ~~reporting~~Company ~~purposes~~during 2021, ~~which~~there ~~will~~have ~~expire~~been inno ~~various~~conversions ~~years~~and ~~through~~no ~~2034,~~requests iffor ~~not~~conversion ~~previously~~in recent ~~utilized~~years.

During June 2024, the Company removed certain liabilities originally issued prior to 2016 based on a legal analysis and a comprehensive due diligence process that supported derecognition under ASC 405-20-40-1 and 40-2, which govern the extinguishment of liabilities.

Per ASC 405-20-40-1, a liability shall be removed from the balance sheet when either of the following conditions is met: (i) the debtor pays the creditor and is relieved of its obligation for the liability; or (ii) the debtor is legally released from being the primary obligor under the liability, either judicially or by the creditor.

Further, ASC 405-20-40-2 elaborates that a liability is considered extinguished if the debtor obtains a legal release, or if the statute of limitations has expired and no viable creditor exists to enforce the debt.

To support derecognition and extinguishment of these obligations, the Company obtained formal legal opinions from qualified counsel confirming that the debt was no longer enforceable under applicable law. Specifically, these opinions concluded that the statute of limitations for enforcement had expired and that no formal claims had been made or could reasonably be expected to be made by any purported holders of the debt.

In addition to the legal review, the Company undertook a robust factual investigation to ensure that no creditor with a valid claim remained. This included: (i) a comprehensive search of business registration databases (e.g., OpenCorporates.com and various Secretary of State records) to determine whether the purported debtholders still existed as legal entities; (ii) engagement of a seasoned investigator experienced in financial and corporate due diligence who was engaged to identify any successors, assignees, or alternate addresses; and (iii) direct contact efforts via registered mail to the last known addresses of the named debtholders, all of which were either returned as undeliverable or went unanswered.

No correspondence or demand for payment has been received from any of the parties involved, nor has there been any indication of attempted enforcement in the past several years. Based on this, the Company has concluded that the liabilities no longer represented a present obligation and that derecognition and extinguishment was appropriate under ASC 405-20-40-1(b) and 40-2.

The Company believes that its conclusions are well supported by authoritative guidance and were reached after appropriate legal and investigative procedures. Therefore, in the quarter ending June 30, 2024, the Company derecognized and extinguished these liabilities, removing them from its books and adjusting its financial statements accordingly.

~~MINERALRITE~~Based on ~~CORPORATION~~this ~~AND~~determination ~~SUBSIDIARY~~and in accordance with ASC 405-20-40-1(b), the Company concluded that it had been legally released from being the obligor and that the liabilities should be derecognized and extinguished. The derecognition of these liabilities has been treated as a debt extinguishment, consistent with ASC 405-20-40-1(b) and the disclosure requirements under ASC 470-50-50-1. To provide transparency and comply with financial statement presentation requirements, the Company recorded:

~~NOTES~~● TOa ~~UNAUDITED~~gain ~~CONDENSED~~on ~~CONSOLIDATED~~the ~~FINANCIAL~~extinguishment ~~STATEMENTS~~of obligations in the amount of $763,377 in the consolidated Income Statement for the year ended December 31, 2024, as a line item within the other income section of the Income Statement; and

~~FOR~~● ~~THE~~a ~~THREE~~gain ~~AND~~on ~~NINE~~the ~~MONTHS~~extinguishment ~~ENDED~~of ~~SEPTEMBER~~obligations 30(time-barred) in the amount of $763,377 ~~2014~~in ~~AND~~the ~~2013~~Non-cash Adjustments section of the Statement of Cash Flows.

~~The~~ Additionally, during June 2024, the Company ~~adopted~~obtained a legal opinion regarding the ~~provisions~~application of ~~ASC~~Section ~~740-10-50,~~3(a)9 ~~formerly~~to ~~FIN~~a ~~48,~~precedent ~~“Accounting~~condition ~~for~~of a ~~Uncertainty~~previously innegotiated ~~Income Taxes~~agreement.” ~~The~~Obtaining this legal opinion triggered the conversion of certain current obligations into warrants to acquire the preferred Series C shares of the Company ~~had~~and noallowed ~~material~~the ~~unrecognized~~Company ~~income~~to ~~tax~~remove ~~assets~~those orobligations ~~liabilities~~from ~~for~~its books and adjust the ~~three~~Company’s ~~months~~financial ~~ended~~statements ~~September~~accordingly. 30As part of the extinguishment of certain outstanding debt obligations, the ~~2014~~Company ~~and~~issued ~~2013~~warrants. The fair value of the warrants at issuance, amounting to $137,499, was recorded as an increase to Additional Paid-in Capital.

The table ~~Company’s~~below ~~policy~~summarizes ~~regarding income tax interest and penalties is to expense those items as general and administrative expense but to identify them for tax purposes. During~~ the ~~three~~convertible ~~months~~obligations ~~and~~that ~~six~~remain ~~months ended September 30, 2014 and 2013, there were no income taxes, or related interest and penalty items~~ in the ~~income statement, or liability on the balance sheet. The~~ Company’s ~~files~~books ~~income tax returns in the U.S. federal jurisdiction~~ and ~~various~~records ~~state~~after ~~jurisdictions.~~taking ~~The~~into ~~Company~~consideration the isaforementioned ~~no longer subject to U~~adjustments.~~S. federal or state income tax examination by tax authorities for years before 2009. The Company is not currently involved in any income tax examinations.~~

~~NOTE~~The Company 10believes, -based ~~COMMON~~on ~~STOCK~~the ~~AND~~decision ~~WARRANTS~~rendered by the US Court of Appeals for the Eleventh Circuit and the interpretive guidance promulgated by the Securities Exchange Commission regarding toxic financings, toxic lenders and the distribution of securities by unregistered dealers, as defined in Section 15(a)(1) of the Securities and Exchange Act of 1934, that the four (4) remaining convertible obligations are voidable. The Company has legally noticed the convertible obligation holders and has taken additional steps to minimize the potential dilution effects that could result from the conversion of these four (4) remaining outstanding obligations.

AsThe Company ~~indicated~~feels inthat ~~Note~~its 1,legal position is well supported by recent actions taken by the SEC. The Company ~~declared~~believes athat ~~50-for-1~~these ~~reverse~~financing agreements ~~stock~~contain ~~split~~terms that are void ab initio pursuant to 15 U.S.C. § 78cc(b) and Section 29(b) of ~~its~~the ~~common~~Exchange Act, ~~stock~~based on ~~August~~the ~~31,~~SEC’s ~~2012~~public enforcement positions. ~~All~~ ~~references~~Specifically, inthe Commission has repeatedly taken the ~~accompanying~~position ~~financials~~that such totransactions, structured by unregistered dealers who routinely engage in the ~~number~~business of ~~shares~~buying ~~outstanding~~convertible notes from issuers and ~~per-share~~converting ~~amounts~~them ~~have~~at ~~been~~a ~~restated~~discount, toviolate ~~reflect~~the ~~this~~dealer ~~stock~~registration ~~split~~provisions of Section 15(a)(1) of the Exchange Act, thereby rendering the related contracts void and unenforceable.

OnThe Company ~~August~~bases ~~26,~~its ~~2014,~~position ~~the~~on ~~Company increased~~ the ~~number~~Commission’s ofactions ~~common~~in ~~shares it has authorized to 5,000,000,000. In addition,~~ the ~~Company~~following ~~designed 105,000 preferred shares as Series A Preferred and 33,000 shares of preferred shares as Series B Preferred.~~ cases:

~~Series~~● ASEC ~~Preferred~~v. John D. Fierro and JDF Capital, Inc. (Feb. 20, 2020),

~~Dividends~~ ● SEC v. Justin W. Keener d/b/a JMJ Financial (Mar. 24, 2020), and

~~From~~● ~~and~~SEC ~~after the date of the issuance of any shares of Series A Preferred Stock, dividends at the rate per annum of $0~~v.10 ~~per~~John ~~share shall accrue on such shares of Series A Preferred Stock (subject to appropriate adjustment)~~M. ~~Dividends~~Fife, ~~shall~~Chicago ~~accrue~~Venture ~~from day-to-day~~Partners, ~~whether~~Iliad orResearch ~~not~~and ~~declared~~Trading, ~~and shall be cumulative~~St. ~~Accrued dividends~~George ~~shall be payable only when~~Investments, asTonaquint, and ifTypenex ~~declared~~Co-Investment ~~by the Board of Directors and the Corporation shall be under no obligation to pay such accrued dividends~~(Sept. ~~The Corporation shall not declare~~3, ~~pay or set aside any dividends on shares of any other class or series of capital stock of the Corporation (other than dividends on shares of common stock payable in shares of common stock~~2020) unless the holders of the Series A Preferred Stock then outstanding shall first receive, or simultaneously receive, a dividend on each outstanding share of Series A Preferred Stock in an amount at least equal to the amount of the aggregate accrued dividends on such share of Series A Preferred Stock and not previously paid.

~~Liquidation~~The Company’s efforts notwithstanding, ~~Dissolution~~these remaining obligations may be subject to the issuance of shares of common stock pursuant to the conversion privileges afforded to the holder. In the event that the presumed-to-be-voidable obligations listed in the table below are determined to not be voidable, then the Company believes that the obligation marked with an asterisk may be outside the statute of limitations for collection procedures and may have (i) been partially settled by the issuance of shares of common stock and may be subject to additional issuance of shares of common stock pursuant to the conversion privileges afforded the holder or ~~Winding~~(ii) Upremains a fully unsettled obligation of the Company subject to the conversion privileges afforded the holder. In the event that the presumed-to-be-voidable obligations listed in the table below are determined to not be voidable, then the Company believes that the obligations that are marked with a plus sign may still be within the statute of limitation for collection procedures and may be subject to the issuance of shares of common stock pursuant to the conversion privileges afforded to the holder.

~~MINERALRITE~~ Schedule of ~~CORPORATION~~Convertable ~~AND SUBSIDIARY~~debt

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Holder	Rate			Date of Issue				Amount		Notes
Union Capital		8	%		Jul	28	2014	$	50,000.00		*+
Eagle Equity		12	%		Feb	25	2021	$	30,000.00		*+
Eagle Equity		12	%		May	28	2021	$	25,000.00		+
Eagle Equity		12	%		Jul	19	2021	$	12,500.00		+
+ The convertibility of this obligation is in dispute. * The outstanding amount and/or collectability of this obligation is in dispute.

~~FOR~~In reliance ~~THE~~on ~~THREE~~the ~~AND~~position ~~NINE~~taken ~~MONTHS~~by ~~ENDED~~the ~~SEPTEMBER~~SEC 30in these matters, ~~2014~~the ~~AND~~Company ~~2013~~believes the aforementioned promissory note obligations should be considered void as a matter of law and thus not convertible into shares of common stock. In fact, these promissory note obligations should be treated as legally nonexistent. Accordingly, the Company intends to derecognize these obligations in the third quarter of 2025, when the applicable statute of limitations will have expired, and derecognition will be appropriate under ASC 405-20-40-1 and ASC 405-20-40-2.

~~(a)~~Unless the SEC retreats from its previously stated enforcement position on this matter, logic necessarily dictates that these agreements are void and therefore cannot give rise to share issuances or any continuing obligations on the part of the Company.

In the event of any voluntary or involuntary liquidation, dissolution or winding up of the Corporation, the holders of shares of Series A Preferred Stock then outstanding shall be entitled to be paid out of the assets of the Corporation available for distribution to its stockholders before any payment shall be made to the holders of Common Stock by reason of their ownership thereof, an amount per share equal to Series A Original Issue Price (~~defined below~~6), Derivative plus any accrued dividends, but unpaid thereon, whether or not declared, together with any other dividends declared but unpaid thereon. The “Series A Original Issue Price” shall mean $1.00 per share, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series A Preferred Stock.Liability

~~(b)~~The Company evaluated the conversion feature embedded in the convertible notes to determine if such conversion feature should be bifurcated from its host instrument and accounted for as a freestanding derivative. Due to the note not meeting the definition of a conventional debt instrument because it contained a diluted issuance provision, the convertible notes were accounted for in accordance with ASC 815. According to ASC 815, the derivatives associated with the convertible notes were recognized as a discount to the debt instrument, and the discount is being amortized over the life of the note, and any excess of the derivative value over the note payable value is recognized as additional expense at issuance date.

~~If upon any such liquidation~~Union Capital, ~~dissolution~~LLC orPromissory ~~winding~~Note upJuly ~~of the Corporation~~28, the assets of the Corporation available for distribution to its stockholders shall be insufficient to pay the holders of shares of Series A Preferred Stock the full amount to which they shall be entitled under Subsection 3(a) , the holders of shares of Series A Preferred Stock shall share ratably in any distribution of the assets available for distribution in proportion to the respective amounts which would otherwise be payable in respect of the shares held by them upon such distribution if all amounts payable on or with respect to such shares were paid in full.2014

On July 28, 2014, the Company issued a Convertible Promissory Note (cthe “Note”) to Union Capital, LLC (the “Holder”) in the original principal amount of $50,000 bearing an 8.00% annual interest rate, unsecured and maturing July 28, 2015. Originally this Note together with any unpaid accrued interest was convertible into shares of common stock of the Company at the Holder’s option at a variable conversion price calculated at 50% of the market price, which means the lowest trading price during the ten trading day period ending on the latest complete trading day prior to the conversion date; but on May 7, 2021, this Note together with any unpaid accrued interest was amended and is now convertible into shares of common stock of the Company at the Holder’s option at a conversion price of $0.00035. In accordance with the terms of the Note, the Holder partially converted the Note via conversions over the course of multiple dates.

The aggregate amount which a holder of a share of Series A Preferred Stock is entitled to receive under Section 3 is hereinafter referred to as the Dividends. From and after the date of the issuance of any shares of Series A Preferred StockEagle Equity, ~~dividends~~LLC atPromissory ~~the~~Note ~~rate~~Feb ~~per annum of $0.10 per share shall accrue on such shares of Series A Preferred Stock (subject to adjustment) Dividends shall accrue from day-to-day~~25, ~~whether or not declared, and shall be cumulative; with certain exception.~~ 2021

~~Voting~~On February 25, 2021, the Company issued a Convertible Promissory Note (the “Note”) to Eagle Equity, LLC (the “Holder”) in the original principal amount of $30,000 bearing a 12.00% annual interest rate, unsecured and maturing February 25, 2022. This Note, together with any unpaid accrued interest, is convertible into shares of common stock of the Company at the Holder’s option at a conversion price of $0.0001.

Each holder of outstanding shares of Series A Preferred Stock shall be entitled to cast the 3,000 votes for each share of Preferred Series A held.

Optional Redemption.

The Series A Preferred Stock shall be subject to redemption by the Corporation, at any time on or after December 31, 2014, at a price equal to the Series A Original Issue Price per share, plus all declared but unpaid dividends thereon, The Company elects to redeem any shares of Series A Preferred Stock, such redemption shall be with respect to all of the then outstanding Series A Preferred Stock.

Series B Preferred

Dividends

From and after the date of the issuance of any shares of Series B Preferred Stock, holders of Series B Preferred shares are entitled to receive dividends when, as and if declared by the Board of Directors of the Corporation on an “as converted basis” pari passu with the holders of the Company’s common stock.

~~MINERALRITE~~Eagle Equity, ~~CORPORATION~~LLC ~~AND~~Promissory ~~SUBSIDIARY~~Note May 28, 2021

~~NOTES~~On May TO28, ~~UNAUDITED~~2021, ~~CONDENSED~~the ~~CONSOLIDATED~~Company ~~FINANCIAL~~issued ~~STATEMENTS~~a Convertible Promissory Note (the “Note”) to Eagle Equity, LLC (the “Holder”) in the original principal amount of $25,000 bearing a 12.00% annual interest rate, unsecured and maturing May 28, 2022. This Note, together with any unpaid accrued interest, is convertible into shares of common stock of the Company at the Holder’s option at a conversion price of $0.0001.

~~FOR~~Eagle Equity, ~~THE~~LLC ~~THREE~~Promissory ~~AND~~Note ~~NINE~~July ~~MONTHS ENDED SEPTEMBER 30~~19, ~~2014 AND 2013~~2021

~~Liquidation~~On July 19, ~~Dissolution~~2021, orthe ~~Winding~~Company Upissued a Convertible Promissory Note (the “Note”) to Eagle Equity, LLC (the “Holder”) in the original principal amount of $12,500 bearing a 12.00% annual interest rate, unsecured and maturing July 19,2022. This Note, together with any unpaid accrued interest, is convertible into shares of common stock of the Company at the Holder’s option at a conversion price of $0.0001.

(d7) Stockholders’ Equity, Conversion Rates & Weighted Voting

InThe information ~~the~~which ~~event~~follows ofdetails ~~any~~the ~~voluntary~~present orshareholder ~~involuntary~~structure ~~liquidation, dissolution or winding up~~ of the ~~Corporation,~~Company ~~the~~and ~~holders~~supplements ~~of shares of Series B Preferred Stock then outstanding shall be entitled to be paid out of~~ the ~~assets~~information ofcontained in the ~~Corporation~~Stockholder’s ~~available~~Equity ~~for~~section ~~distribution to its stockholder ratably with the holders~~ of the ~~Corporation~~Company’s ~~Common~~financial ~~Stock~~statements. onAs anof ~~“as~~March ~~converted”~~31, ~~basis.~~2025, the Company has:

~~Voting.~~● 20,000,000,000 shares of common stock, no par value, CUSIP: 60313P100 (soon to be changed to 60314D106), with 4,347,776,842 shares outstanding;

~~Each~~● ~~holder~~105,000 ~~of outstanding~~ shares of ~~Series B~~ Preferred ~~Stock~~Series ~~shall~~A, beno ~~entitled~~par tovalue, ~~cast~~CUSIP: ~~the~~N/A, 1with 105,000 ~~votes~~shares ~~for~~outstanding, ~~each~~weighted ~~share~~voting ofwhereby ~~Preferred~~1 ~~Series~~share Bequals ~~held.~~3,000 votes;

~~Conversion.~~● 33,000 shares of Preferred Series B, no par value, CUSIP: N/A, with 13,500 shares outstanding, convertible such that 1 share converts into 1,000 common shares, weighted voting whereby 1 share equals 1,000 votes;

~~The~~● ~~holders of Series B Preferred Stock shall have the right to convert one share of Series B Preferred Shares into 1~~100,000 shares of ~~the~~ ~~Company~~Preferred ~~common (subject~~Series toC, ~~adjustments) provided that~~ no ~~share~~par ofvalue, ~~Series~~CUSIP: BN/A, ~~Preferred~~with ~~Stock~~8,589 ~~shall~~shares beand ~~convertible~~2,750 ~~unless~~warrants ~~the~~to ~~Corporation's~~purchase ~~Articles~~2,750 ~~of Incorporation have an adequate number of authorized~~ shares ofoutstanding, ~~Common~~convertible ~~Stock~~such ~~available~~that ~~for~~1 ~~issuance~~share inconverts aninto ~~amount~~400,000 ~~sufficient~~common ~~to permit the conversion of all the~~ shares ~~of Series B Preferred Stock~~, ~~and~~weighted ~~all~~voting ~~other~~whereby ~~convertible~~1 ~~securities~~share ~~and~~equals ~~instruments~~400,000 ~~of the Corporation.~~ votes;

~~For~~● ~~the~~35,000 ~~nine~~shares ~~months~~of ~~ended~~Preferred ~~September 30~~Series D, ~~2014~~$25 par value, CUSIP: N/A, with 4,000 shares outstanding, convertible such that 1 share converts into 25,000 common shares, weighted voting whereby 1 share equals 25,000 votes;

~~During~~● ~~the~~7,100,000 ~~nine~~shares ~~months~~of ~~period~~Preferred ~~ended~~Series ~~September 30~~NMC, ~~2014~~$25 par value, ~~the~~CUSIP: ~~Company~~N/A, ~~issued~~with 16,~~245~~900,~~791,995~~000 shares ofoutstanding, ~~its~~convertible ~~common~~such ~~shares~~that to1 ~~various~~share ~~note~~converts ~~holders~~into on500 ~~the~~common ~~conversion of $409~~shares,~~214~~ ofweighted ~~indebtedness.~~voting ~~The~~whereby ~~Company~~1 ~~recognized~~share aequals ~~$283,016~~500 ~~loss~~votes; ~~on the debt extinguishment.~~and

~~During~~● ~~the nine months ended September 30~~42, ~~2014~~627, ~~the Company issued to its President 105,~~000 shares of ~~its~~as ~~Series~~yet AUndesignated Preferred, ~~Stock~~no inpar ~~exchange~~value, ~~for~~CUSIP: ~~the cancellation of $109~~N/A,~~761~~ ofwith ~~indebtedness~~0 ~~due~~shares ~~him from the Company~~outstanding.

During the nine months ended September 30, 2014, the Company issue to 31,000 shares of Series B Preferred Stock in exchange for the cancellation of 31,000,000 shares of common stock held by certain shareholders.

~~MINERALRITE~~(8) Subsequent ~~CORPORATION AND SUBSIDIARY~~Events

~~NOTES~~The Company TOhas ~~UNAUDITED~~evaluated ~~CONDENSED~~events ~~CONSOLIDATED~~subsequent ~~FINANCIAL~~to ~~STATEMENTS~~the date of these financial statement notes, in accordance with ASC 855, Subsequent Events, and based on this evaluation, the Company identified the following non-recognized subsequent event:

~~FOR~~On April ~~THE~~28, ~~THREE~~2025, ~~AND~~the ~~NINE~~Company ~~MONTHS~~received ~~ENDED~~notice ~~SEPTEMBER~~from 30the Financial Industry Regulatory Authority (“FINRA”) regarding the case the Company had filed on March 22, ~~2014~~2024, ~~AND~~to ~~2013~~get FINRA to recognize the F Reorganization that the Company had undergone on April 7, 2021. FINRA advised the Company that it had concluded its examination and acknowledged the occurrence of this event. FINRA further advised that the CUSIP number for the Company’s common stock would be changed from 60313P100 to 60314D106 effective March 30, 2025.

~~During~~Item 2. ~~the~~Management’s ~~nine~~Discussion ~~months~~and ~~ended~~Analysis ~~September 30, 2014, the Company issued a total~~ of ~~13,620,000~~Financial ~~shares~~Condition ~~of its common stock in consideration for consulting~~ and ~~professional~~Results ~~services~~of ~~valued at $83,384.~~Operations

~~For~~The following discussion and analysis provides information which management believes is relevant to an assessment and understanding of the ~~nine~~Company’s financial condition and results of operations for the three months ended ~~September~~March 3031, ~~2013~~2025.

As discussed in Note 5, the Company issued on February 4, 2013 a total of 7,000,000 shares of its common stock of to five individuals and five entities in exchange for consulting services, valued at $2,450,000. The $2,450,000 is being charged to operations over the three-year term of the respective agreement. As indicated in Note 5, Mr. Guy Peckham, the Company’s president, received 2,000,000 of the 7,000,000 shares issued. The 2,000,000 shares were valued at $700,000.Overview

AsMineralRite Corporation ~~discussed~~(“the ~~more~~Company”) ~~fully~~is ina ~~Note~~development-stage 3,company ~~the~~focused ~~Company~~ on ~~March~~the 1acquisition, ~~2013 issued 2~~management,~~000,000~~ ~~shares~~and monetization of ~~its~~mineral ~~common~~assets ~~stock~~and inmineral-backed ~~exchange~~projects. ~~all~~During of the ~~outstanding~~quarter ~~shares~~ended ofMarch ~~Goldfield~~31, ~~International~~2025, ~~Inc.~~the ~~The~~Company ~~2,000,000~~remained ~~shares~~in ~~were~~an ~~valued~~early atstage of ~~$900,000.~~operations and did not generate revenue.

~~In addition, the~~ The Company’s ~~issued~~principal aactivities ~~total~~were ofrelated ~~3,380,000~~to ~~common~~the ~~shares~~stabilization ~~during~~and ~~the~~integration ~~nine~~of ~~months~~its ~~ended~~newly ~~September~~acquired 30subsidiaries, ~~2013 of which 1~~Peeples,~~080,000~~ Inc. ~~common~~and ~~shares~~California ~~were~~Precious ~~issued~~Metals ~~for $54~~LLC,~~000~~ and ~~600,000~~upgrading ~~shares~~corporate ~~were~~transparency, ~~issued~~investor ~~for~~appeal ~~past legal~~ and ~~accounting~~financial ~~fees~~industry ~~totaling~~engagement by ~~$15,000;~~completing ~~300,000~~its ~~common~~corporate ~~shares~~cleanup ~~issued~~and tothrough the ~~former~~filing ~~President~~ of ~~Goldfield~~a toForm be10 ~~applied~~with ~~against past due consulting fees valued at $12,000; 300,000 common shares issued to~~ the ~~Company’s~~Securities ~~outside accountant for services valued at $12,000; 300,000 common shares issued to the Company’s legal counsel for services valued at $12,000;~~ and ~~800,000~~Exchange ~~shares~~Commission ~~issued~~ (“SEC”) to ~~three~~become ~~consultants~~fully ~~for services rendered valued at $24,000, which was charged to operations~~reporting..

~~NOTE~~Results of ~~11 – FAIR VALUE~~ Operations

~~The~~For the ~~Company’s~~three ~~financial~~months ~~instruments~~ending atMarch ~~September~~31, 302025, ~~2014~~the ~~consist~~Company ~~principally~~reported ofno ~~convertible~~revenues ~~debentures~~ and ~~derivative~~a ~~liabilities.~~net ~~Convertible~~loss ~~debentures~~of ~~are financial liabilities with carrying values that approximate fair value~~$81,688. ~~The~~ ~~Company~~Operating ~~determines~~expenses ~~the~~primarily consisted ~~fair~~of ~~value~~legal ofand ~~convertible~~professional ~~debentures~~fees, ~~based~~business onpromotional ~~the~~costs, ~~effective~~corporate ~~yields~~filings ofand ~~similar~~office-related ~~obligations~~expenses.

~~The~~For the ~~Company~~three ~~believes~~months ~~all~~ending ~~other~~March ~~financial~~31, ~~instruments’~~2024, ~~recorded~~the ~~values~~Company atreported ~~September~~no ~~30,~~revenues ~~2014~~ and ~~December~~a ~~31,~~net ~~2013~~loss ~~approximate~~of ~~fair~~$71,176. ~~market~~Operating ~~value~~expenses ~~because~~primarily consisted of ~~their~~legal ~~nature~~and professional fees and ~~respective~~corporate ~~durations~~filings.

~~The~~Management expects ~~Company~~that ~~complies~~operating ~~with~~costs ~~the~~will ~~provisions~~remain offairly ~~ASC~~constant ~~No.~~over ~~820-10~~the ~~(“ASC~~next ~~820-10”),~~few ~~“Fair Value Measurements and Disclosures~~quarters.~~” ASC~~ ~~820-10~~Management ~~relates~~is topresently ~~financial~~focused ~~assets~~on ~~and~~developing revenue ~~financial~~streams ~~liabilities.~~from ~~ASC~~various ~~820-10~~business ~~defines fair value~~operations, ~~establishes~~securing astrategic ~~framework~~partnerships ~~for~~and ~~measuring~~financing ~~fair~~development ~~value in accounting principles generally accepted in the United States~~ of ~~America~~its ~~(“GAAP”),~~recently acquired mineral assets.

Liquidity and Capital Resources

As of March 31, 2025, the Company had cash and cash equivalents of approximately $29,200 whereas a year earlier, as of March 31, 2024, the Company had cash and cash equivalents of approximately $1,716.

~~MINERALRITE~~The Company’s ~~CORPORATION~~current ~~AND~~liabilities ~~SUBSIDIARY~~totaled approximately $5.01 million, primarily related to assumed obligations from the recent acquisition of subsidiaries. While the Company has significant mineral assets recorded at $432 million, these assets are classified as exploratory and are not yet producing cash flow.

~~NOTES~~The Company TOanticipates ~~UNAUDITED~~the ~~CONDENSED~~need ~~CONSOLIDATED~~for ~~FINANCIAL~~additional ~~STATEMENTS~~funding to continue its operational and business development activities over the next twelve months. Management is actively pursuing potential financing options, including equity and debt financings, and strategic partnerships.

~~FOR~~The Company ~~THE~~intends ~~THREE~~to ~~AND~~engage ~~NINE~~in ~~MONTHS~~a ~~ENDED~~Regulation ~~SEPTEMBER~~A+ 30offering in the upcoming quarter. Pursuant to Regulation A+, ~~2014~~Tier ~~AND~~I, ~~2013~~the Company can raise up to twenty million ($20,000,000) US dollars. Pursuant to Regulation A+, Tier II, the Company can raise up to seventy-five million ($75,000,000) US dollars. The use of proceeds of the Regulation A+ offering will stipulate that eighty (80%) percent of the first sixteen million ($16,000,000) US dollars of net funds raised would be used exclusively to pay for project development and the liabilities that the Company agreed to assume pursuant to its recent acquisition of the subsidiary companies acquired from NMC, Inc. All non-earmarked funds, which include the other twenty (20%) percent of the first sixteen million ($16,000,000) US dollars, and all funds raised in excess of sixteen million ($16,000,000) US dollars would be split fifty (50%) percent towards the RITE Series NMC sinking fund obligation and the liabilities assumed pursuant to the acquisition; and the other fifty (50%) percent will be used for working capital. This percentage split will continue until such time as all of the RITE Series NMC preferred stock, issued pursuant to the acquisition, has been either repurchased by the sinking fund or converted into shares of RITE common stock.

and expands disclosures about fair value measurements. The provisions of this standard apply to other accounting pronouncements that require or permit fair value measurements and are to be applied prospectively with limited exceptions. Outlook

ASC 820-10 defines fair value 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. ASC 820-10 establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entityThe Company’s ~~own~~near-term ~~assumptions,~~strategy ~~about~~focuses ~~market participant assumptions, which are developed based~~ on the ~~best~~following information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy under ASC 820-10 are described belowinitiatives:

~~Level~~● ~~1. Valuations~~Finalizing ~~based~~the onintegration ~~quoted~~of ~~prices~~its innewly ~~active~~acquired ~~markets~~mineral ~~for identical assets or liabilities that an entity has the ability to access~~subsidiaries.

~~Level~~● ~~2. Valuations~~Advancing ~~based~~mineral onasset ~~quoted~~evaluation ~~prices~~and ~~for~~potential ~~similar~~commercialization assets or liabilities, quoted prices for identical assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable data for substantially the full term of the assets or liabilitiesstrategies.

~~Level~~● 3.Securing ~~Valuations~~capital ~~based~~to onfund ~~inputs~~ongoing ~~that~~operations ~~are supported by little or no market activity~~ and ~~that~~asset ~~are significant to the fair value of the assets or liabilities~~development.

~~The~~Management believes ~~Company~~that ~~utilizes~~ the ~~best~~Company’s ~~available~~mineral ~~information~~asset inbase, ~~measuring~~combined ~~fair~~with ~~value.~~strategic ~~The following table summarizes~~planning, bypositions ~~level~~it ~~within~~for ~~the~~potential ~~fair~~future ~~value hierarchy~~revenue generation, ~~the~~although ~~financial~~there ~~assets~~can ~~and~~be ~~liabilities~~no ~~recorded~~assurance atas ~~fair~~to ~~value~~the onsuccess aor ~~recurring~~timing ~~basis~~of assuch ~~follows:~~ efforts.

September 30, 2014
	Fair Value Measurements
	Level 1	Level 2	Level 3	Total Fair Value
Liabilities
Notes payable	-	$ 55,332	-	$ 55,332
Debt and other obligations
due related parties	-	110,121	-	110,121
Convertible debentures	-	375,336	-	375,336
Derivative liabilities	-	$ 4,258,201	-	$ 4,258,201

Summary:

~~NOTE~~● 12No –material ~~SUBSEQUENT~~revenues ~~EVENTS~~during Q1 2025.

~~During~~● ~~the~~Operating ~~period~~expenses ~~commencing~~were ~~Sept~~approximately ~~30 2014 through March 30, 2015 the Company issued 1,024,372,202 shares to reduce debt on convertible promissory notes and account payable balances in the amount of~~ $3181,~~467~~688.04

On● ~~Jan~~Net 7,loss ~~2015 the Company issued a 6% convertible redeemable promissory note, for one payment~~ of $7781,~~778.~~688 ~~The convertible promissory note matures on Jan 7, 2016. The Company has the right to prepay any time before July 7, 2016~~ for ~~105%~~Q1 ~~of face value plus accrued interest~~2025.

27● The Q1 2025 ending cash balance was $29,200.

~~ITEM~~● ~~2. MANAGEMENT’S~~Acquisition ~~DISCUSSION~~of ~~AND~~subsidiaries ~~ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION~~completed.

~~The following Management's Discussion and Analysis should be read in conjunction with MineralRite Corporation’s financial statements and the related notes thereto~~Item 3. ~~The~~Quantitative ~~Management's Discussion~~ and ~~Analysis~~Qualitative ~~contains~~Disclosures ~~forward-looking~~About ~~statements~~Market that involve risks and uncertainties, such as statements of our plans, objectives, expectations and intentions. Any statements that are not statements of historical fact are forward-looking statements. When used, the words “believe,” “plan,” “intend,” “anticipate,” “target,” “estimate,” “expect,” and the like, and/or future-tense or conditional constructions (“will,” “may,” “could,” “should,” etc.), or similar expressions, identify certain of these forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements in this Report on Form 10-Q. The Company’s actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of several factors. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this Report on Form 10-Q.Risk

~~The~~Not applicable ~~following discussion should be read in conjunction with our unaudited consolidated financial statements and related notes and other financial data included elsewhere in this report. See also the notes~~ to ~~our~~smaller ~~consolidated~~reporting ~~financial statements and Management’s Discussion and Analysis of Financial Condition and Results of Operations contained in our Annual Report on Form 10-K for the year ended December 31, 2013~~companies.

~~Critical~~Item 4. ~~Accounting~~Controls ~~Policies~~ and ~~Estimates~~Procedures

~~The discussion and analysis~~ Evaluation of ~~the~~Disclosure ~~Company’s~~Controls ~~financial condition~~ and results of operations are based upon the Company’s condensed financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States of America. The preparation of these financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses. In consultation with the Company’s Board of Directors, management has identified the following accounting policies that it believes are key to an understanding of its financial statements. These are important accounting policies that require management’s most difficult, subjective judgments.Procedures

~~Revenue~~The Company’s ~~Recognition~~management, with the participation of its Chief Executive Officer and Chief Financial Officer (who is the same individual), evaluated the effectiveness of the Company’s disclosure controls and procedures as of March 31, 2025. Based on this evaluation, management concluded that the Company’s disclosure controls and procedures were effective as of that date to ensure that information required to be disclosed by the Company in the reports that it files or submits under the Securities Exchange Act of 1934 is recorded, processed, summarized, and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.

~~Sales~~Changes in ~~and~~Internal ~~related~~Control ~~costs~~over ~~are~~Financial recognized when the title passes to the customer since the risks and rewards of ownership has transferred, persuasive evidence of an arrangement exists, the services have been performed and all required milestones achieved, the selling price is fixed, determinable, and collection is reasonable assured.Reporting

~~Property~~There were ~~and~~no ~~Equipment~~changes in the Company’s internal control over financial reporting during the quarter ended March 31, 2025, that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.

Property and equipment are stated at cost. Depreciation and any amortization are computed using the straight-line method for financial reporting over the estimated useful lives. The estimated useful lives of assets range from 5 to 7 years. Gains and losses resulting from sales and dispositions of property and equipment are included in current operations. Maintenance and repairs are charged to operations as incurred. 26

~~Discontinued~~PART II. ~~Operations~~OTHER INFORMATION

~~For those businesses where management has committed to a plan to divest, each business is valued at the lower of its carrying amount or estimated fair value less cost to sell~~Item 1. IfLegal the carrying amount of the business exceeds its estimated fair value, an impairment loss is recognized. Fair value is estimated using accepted valuation techniques such as a DCF model, valuations performed by third parties, earnings multiples, or indicative bids, when available. A number of significant estimates and assumptions are involved in the application of these techniques, including the forecasting of markets and market share, sales volumes and prices, costs and expenses, and multiple other factors. Management considers historical experience and all available information at the time the estimates are made; however, the fair value that is ultimately realized upon the divestiture of a business may differ from the estimated fair value reflected in the Consolidated Financial Statements. Depreciation, depletion, and amortization expense is not recorded on assets of a business to be divested once they are classified as held for sale. Businesses to be divested are classified in the Consolidated Financial Statements as either discontinued operations or held for sale.Proceedings

For businesses classified as discontinued operations, the balance sheet amounts and results of operations are reclassified from their historical presentation to assets and liabilities of operations held for sale on the Consolidated Balance Sheet and to discontinued operations on the Consolidated Statement of Operations, respectively, for all periods presented. The gains or losses associated with these divested businesses are recorded in discontinued operations on the Consolidated Statement of Operations. The Consolidated Statement of Cash Flows is also reclassified for assets and liabilities of operations held for sale and discontinued operations for all periods presented.

Foreign Currency Translation

The Company's primary functional currency is the U.S. dollar. For foreign operations whose functional currency is the local foreign currency, balance sheet accounts are translated at exchange rates in effect at the end of the period and income statement accounts are translated at average exchange rates for the period. Translation gains and losses are included as a separate component of stockholders’ deficit.

Convertible Debentures

If the conversion features of conventional convertible debt provides for a rate of conversion that is below market value at issuance, this feature is characterized as a beneficial conversion feature (“BCF”). A BCF is recorded by the Company as a debt discount pursuant to ASC Topic 470-20 “Debt with Conversion and Other Options.” In those circumstances, the convertible debt is recorded net of the discount related to the BCF, and the Company amortizes the discount to interest expense, over the life of the debt using the effective interest method.

Derivative Financial Instruments

In the case of non-conventional convertible debt, the Company bifurcates its embedded derivative instruments and records them under the provisions of ASC Topic 815-15 “Embedded Derivatives.” The Company’s derivative financial instruments consist of embedded derivatives related to non-conventional convertible notes (see Note 8 to the Footnotes to the Company’s Financial Statements in Item 1 of this Current Report). The embedded derivative includes the conversion feature of the notes. The accounting treatment of derivative financial instruments requires that the Company record the derivatives at their fair values as of the inception date of the respective agreement and at fair value as of each subsequent balance sheet date. Any change in fair value will be recorded as non-operating, non-cash income or expense at each reporting date. If the fair value of the derivatives is higher at the subsequent balance sheet date, the Company will record a non-operating, non-cash charge. If the fair value of the derivatives is lower at the subsequent balance sheet date, the Company will record non-operating, non-cash income.

Concentrations of Credit Risk

The Company primarily transacts its business with one financial institution. The amount on deposit in that one institution may from time to time exceed the federally-insured limit.

Fair Value Measurement

The Company complies with the provisions of ASC No. 820-10 (“ASC 820-10”), “Fair Value Measurements and Disclosures.” ASC 820-10 relates to financial assets and financial liabilities. ASC 820-10 defines fair value, establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (“GAAP”), and expands disclosures about fair value measurements. The provisions of this standard apply to other accounting pronouncements that require or permit fair value measurements and are to be applied prospectively with limited exceptions.

ASC 820-10 defines fair value 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. ASC 820-10 establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions, about market participant assumptions, which are developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy under ASC 820-10 are described below:

Level 1. Valuations based on quoted prices in active markets for identical assets or liabilities that an entity has the ability to access.

Level 2. Valuations based on quoted prices for similar assets or liabilities, quoted prices for identical assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable data for substantially the full term of the assets or liabilities.

Level 3. Valuations based on inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

The Company utilizes the best available information in measuring fair value.

Liquidity and Capital Resources.

For the Nine-Month Period Ended September 30, 2014 versus September 30, 2013

During the nine months ended September 30, 2014, net cash used in the Company’s operating activities totaled $383,411 compared to $283,304 during the nine months ended September 30, 2013. During the nine months ended September 30, 2014, net cash used by investing activities totaled $nil compared to $104,484 during the nine months ended September 30, 2013. During the nine months ended September 30, 2014, net cash flow provided by financing activities totaled $336,193 compared to $426,556 during the nine months ended September 30, 2013. During the nine months ended September 30, 2014, net cash decreased $47,218 as compared to an increase of $38,599 during the nine months ended September 30, 2013. The increase in cash in 2013 was caused by the merger with Goldfield International Corporation and the consolidation of the two companies.

At September 30, 2014, the Company had cash of $4,988, accounts receivable of $2,606, inventories of $150,808 and prepaid services of $959,667 that comprised the Company’s total current assets totaling $1,118,069. The Company’s property and equipment at September 30, 2014 had a net book value of $96,984 consisting of equipment, furniture, fixtures and construction in process net of $33,951 in accumulated depreciation. The Company also had the long term portion of prepaid services of $297,078, website development of $714, net of accumulated amortization, totaling $297,792 at September 30, 2014, while the Company’s total assets at September 30, 2014 were $1,512,845.

At September 30, 2014, the Company had total current liabilities totaling $5,236,458 consisting of $261,027 in accounts payable, $78,000 in related party accounts payable, $681 in accrued payroll, $97,760 in customer deposits, $375,336 in convertible debt, $110,121 in debt and other obligations to related parties, $55,332 in notes payable and $4,258,201 in derivative liabilities. Included in the derivative liabilities is $1,813,208 recorded given the Company did not have sufficient authorized shares in reserve to meet the number of shares that would be required upon complete conversion of outstanding convertible debt.

Therefore, at September 30, 2014, the Company had total liabilities of $5,236,458. The Company had no other long-term liabilities, commitments or contingencies. Other than anticipated exploration costs associated with the precious metals and mineral interests that the Company anticipates acquiring, and the anticipated increases in the legal and accounting costs associated with being a public company, Company management is not aware of any other known trends, events or uncertainties which may affect the Company’s future liquidity.

At September 30, 2014, the Company had a stockholders’ deficit totaling $3,723,613.

RESULTS OF OPERATIONS

For the Three Months Ended September 30, 2014 versus September 30, 2013

The Company’s revenue for the three months ended September 30, 2014 was $213,473 with associated cost of sales of $110,117 as compared to September 30, 2013 revenue totaling $164,568 and with costs of sales of $153,481 for the three months ended. The Company incurred general and administrative expenses for the three months ended September 30, 2014 totaling $396,689 that included non-cash compensation of $239,917, rent of $7,200, and professional fees of $120,943. General and administrative expense for the three months ended September 30, 2013 totaled 524,832 that included non-cash compensation of $299,917, related party rent of $8,456, and professional fees of $74,526.

For the Nine Months Ended September 30, 2014 versus September 30, 2013

The Company’s revenue for the nine months ended September 30, 2014 was $396,049 with associated cost of sales of $245,172 as compared to September 30, 2013 revenue totaling $359,058 and with costs of sales of $329,107 for the nine months ended. The Company incurred general and administrative expenses for the nine months ended September 30, 2014 totaling $1,192,793 that included non-cash compensation of $719,750, rent of $21,600, and professional fees of $272,527. General and administrative expense for the nine months ended September 30, 2013 totaled $957,836 that included non-cash compensation of $698,643, related party rent of $24,789, and professional fees of $205,461.

The Company’s Plan of Operation for the Next Twelve Months.

The Company’s recent business focus has been to enter the business of mineral processing, certification, equipment manufacturing and sales. The CEO expects to engage a management team experienced in creating and operating mining companies and intends to focus on the identification, certification and sale of undervalued assets. The Company plans to engage in the extraction of precious metals from ore bodies and reclaimed tailings. The Company intends to continue to raise additional capital for this new line of business although no assurances can be made that it will be successful in doing so or that if it is, that the terms of such additional financing will be favorable to the Company and its existing shareholders.

The Company’s forecast for the period for which the Company’s financial resources will be adequate to support operations involves risks and uncertainties and actual results could differ as a result of a number of factors. The Company plans to enter into the mineral extraction service industry and anticipates significant increases in its cash needs in order to execute its business plan. The Company no longer has its oil and gas business because it discontinued operations via a “spin-off” to its largest creditor as part of its plan to decrease its liabilities and focus on its

new line of business. However the oil and gas operations were never expected to provide sufficient working capital to pursue this new line of business; therefore discontinuing the oil and gas operations furthered its objectives by reducing the associated liabilities.

Additionally, as part of its business plan and the acquisition of Goldfield International, Inc. the Company is obligated to pay $100,000 to its former shareholder in 2013, the Company is in the process of negotiating the conversion of this obligation into equity. The Company designated its Series A and Series B preferred stock during the period ended September 30, 2014 in order to facilitate the access to capital that it needs to pursue its business plan.

Collectively the forgoing are significant additional expenses which the Company will continue to incur in the future. Other than anticipated costs associated with the precious metal and mineral interests that the Company intends to acquire and the anticipated increases in the legal and accounting costs associated with being a public company, management is not aware of any other known trends, events or uncertainties which may affect the Company’s future liquidity.

In the event that the Company experiences a shortfall in capital, the Company intends to pursue opportunities to raise funds through public or private financing as well as through borrowings and via other resources, such as the Company’s officers, directors and principal shareholders. The Company cannot guaranty that additional funding will be available on favorable terms, if at all. If adequate funds are not available, then the Company’s ability meet its obligations and to expand operations may be significantly hindered. If adequate funds are not available, the Company believes that the Company’s officers, directors and principal shareholders will contribute funds to pay for the Company’s expenses to achieve the Company’s objectives over the next twelve months.

The Company’s belief that the Company’s officers, directors and principal shareholders will pay the Company’s expenses is based on the fact that the Company’s officers, directors and principal shareholders collectively own approximately a significant amount of the Company’s outstanding common stock and will likely continue paying the Company’s expenses as long as they maintain their ownership of the Company’s common stock and so long as they do not incur financial hardship.

The Company is not currently conducting any research and development activities and management does not anticipate conducting such activities in the near future. In the event that the Company’s customer base expands, then management may need to hire additional employees or independent contractors as well as purchase or lease additional equipment.

ITEM 3. QUANTITATIVE AND QUALITATATIVE DISCLOSURES ABOUT MARKET RISK

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

ITEM 4. CONTROLS AND PROCEDURES

Disclosure Controls and Procedures

(a) Evaluation of disclosure controls and procedures. Company management maintains controls and procedures designed to ensure that information required to be disclosed in the reports that is filed or submitted under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission. Based upon their evaluation of those controls and procedures performed as of September 30, 2014, the date of this report, the Company’s chief executive officer and the principal financial officer concluded that the Company’s disclosure controls and procedures were not effective due to the deficiencies currently identified in its reporting obligations.

(b) Changes in internal controls. There were no significant changes in the Company’s internal controls or in other factors that could significantly affect these controls subsequent to the date of the evaluation of those controls by the chief executive officer and principal financial officer.

The Company’s Chief Executive Officer and Chief Financial Officer are responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) and 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 officers and effected by the Company’s Board of Directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles and includes those policies and procedures that:

pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the Company’s assets; provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that the Company’s receipts and expenditures are being made only in accordance with authorizations of management and the Company’s directors; and provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, the Company’s internal control over financial reporting may not prevent or detect misstatements. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

As part of the Company’s compliance efforts relative to Section 404 of the Sarbanes-Oxley Act of 2002, the Company’s management assessed the effectiveness of the Company’s internal control over financial reporting as of September 30, 2014. In making this assessment, management used the criteria set forth in the Internal Control - Integrated Framework by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”). Company management evaluated control deficiencies identified through the Company’s test of the design and operating effectiveness of controls over financial reporting to determine whether the deficiencies, individually or in combination, are significant deficiencies or material weaknesses. In performing the assessment, the Company’s management has identified material weaknesses in internal control over financial reporting existing as of September 30, 2014. The Company’s evaluation of the significance of each deficiency included both quantitative and qualitative factors. Based on that evaluation, the Company’s management concluded that as of September 30, 2014, and as of the date that the evaluation of the effectiveness of the Company’s internal controls and procedures was completed, the Company’s internal controls are not effective, for the reason discussed below:

1. Company management does not yet have written documentation of the Company’s internal control policies and procedures. Written documentation of key internal controls over financial reporting is a requirement Section 404 of the Sarbanes-Oxley Act and may be applicable to the Company in future years.

2. Company management does not have sufficient segregation of duties within accounting functions, which is a basic internal control. Due to the Company’s extremely small size and the fact that the Company has only had one management employee, whom is also an executive officer and director, segregation of all conflicting duties may not always be possible and may not be economically feasible. However, to the extent possible, the initiation of transactions, the custody of assets and the recording of transactions should be performed by separate individuals.

3. The Company currently does not employ any full-time accounting personnel, which means the Company lacks the requisite expertise in the key functional areas of finance and accounting. In addition, this means that the Company does not have available personnel to properly implement control procedures.

4. The Company does not have a functioning audit committee or outside independent directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures.

5. Company management has not established adequate financial reporting monitoring activities to mitigate the risk of management override, specifically because there are no employees and only one officer and director with management functions and therefore there the Company lacks segregation of duties.

6. There is a strong reliance on the external auditors and contract accountants to review and adjust the annual and quarterly financial statements, to monitor new accounting principles, and to ensure compliance with GAAP and SEC disclosure requirements.

7. There is a strong reliance on the external attorneys to review and edit the annual and quarterly filings and to ensure compliance with SEC disclosure requirements.

In light of the material weaknesses described above, Company management performed additional analysis and other procedures to ensure the Company’s financial statements were prepared in accordance with generally accepted accounting principles. Accordingly, Company management believes that the financial statements included in this Current Report fairly present, in all material respects, the Company’s financial condition, results of operations and cash flows for the periods presented.

In addition, although the Company’s controls are not effective, these significant weaknesses did not result in any material misstatements in the Company’s financial statements. The Company’s management is committed to improving its internal controls and will (1) continue to use third party specialists to address shortfalls in staffing and to assist the Company with accounting and finance responsibilities, (2) increase the frequency of independent reconciliations of significant accounts which is intended to mitigate the lack of segregation of duties until there are sufficient personnel and (3) has, subsequent to the evaluation period, appointed outside directors and will establish an audit committee in the future.

Changes in Internal Control and Financial Reporting

Other than the weaknesses identified above, there were no other changes in the Company’s internal control over financial reporting that occurred during the Company’s most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.

PART II — OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

From time to time, the Company may become subject to various legal proceedings that are incidental to the ordinary conduct of its business. Although the Company cannot accurately predict the amount of any liability that may ultimately arise with respect to any of these matters, it makes provision for potential liabilities when it deems them probable and reasonably estimable. These provisions are based on current information and legal advice and may be adjusted from time to time according to developments.

During 2013, Egbert & Barnes, PC (“E&B”), our former counsel brought suit against the Company to collect on past due invoices in the amount of approximately $62,753.00. Effective as of November 30, 2013, the Company entered into a convertible promissory note with E&B in full settlement of the debt (the “E&B Note”). The E&B Note bears interest at 6% per annum, matures on September 10, 2015 and is convertible into the Company’s common stock at a price equal to a 10% discount from the 30 day volume weighted average price. The E&B Note was subsequently assigned to a third party. There continues to be an unresolved issue with E&B but the Company is confident that it will be able to resolve any and all outstanding issues. The additional expenses associated with this is not known at this time

Other than the foregoing, Company management knows of no material, existing or pending legal proceedings against the Company’s company, nor is the Company involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which the Company’s director, officer or any affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to the Company’s interest.

ITEM 1A. RISK FACTORS

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

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

(a) Sale of Notes Payable

On December 17, 2013, the Company borrowed $10,000 from an unrelated third party. The loan is assessed interest at an annual rate of 15% and matured on March 1, 2014, when the principal and accrued interest became fully due. Interest accrued and charged to interest expense for the three months ended March 31, 2014 amounted to $370. The balance of the note at March 31, 2014, including accrued interest amounted to $10,427.

On December 31 2013, the Company borrowed $40,000 from an unrelated third party. The loan is secured by the Company’s accounts receivable. The terms of the loan includes a loan fee of $400, which is being amortized and charged to operations over the term of the loan. Under the terms of the loan, the Company is required to pay back a total of $57,600 at a rate of $444 per day (excluding weekends and bank holidays). The effective interest rate on this loan is in excess of 32% per annum. Interest accrued and charged to operations for three months ended March 31, 2014 amounted to $8,817. During the three month period, the Company made principal payments totaling $26,723. The balance of the note at March 31, 2014, including accrued interest and fees, net of the discounts amounted to $11,171.

On February 14 2014, the Company borrowed an additional $75,088 from same unrelated third party indicated above. The loan is secured by the Company’s accounts receivable. The Company is required to pay back a total of $111,750 at a rate of $860 per day (excluding weekends and bank holidays). The effective interest rate on this loan is in excess of 50% per annum. Interest accrued and charged to interest expense for three months ended March 31, 2014 amounted to $11,960. During the three month period, the Company made principal payments totaling $10,400. The balance of the note at March 31, 2014, including accrued interest amounted to $64,688.

(b) Sale of Convertible Notes – See Note 8 to the accompanying financial statements.

(d) Use of Proceeds.

The proceeds from sale of the securities as referenced above were used for working capital including but not limited to payment of the Company’s obligations to vendors and service providers, filing fees, audit fees etc. and the conversion of the notes allowed the company to extinguish the debt associated with the converted notes.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

~~ITEM 4~~Item 1A. ~~MINE~~ ~~SAFETY~~Risk ~~DISCLOSURES~~Factors

There have been no material changes to the risk factors previously disclosed.

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

The Company has sold the following securities since January 1, 2025, which were not registered under the Securities Act. Included are sales of newly issued securities and securities issued in exchange for services.

The sales issuances of the securities described below were made pursuant to exemptions from the registration requirement of the Securities Act pursuant to the exemption denoted in each section.

The Company acts as its own transfer agent for all securities other than its common stock and affixed the appropriate legend to the certificates issued to each recipient.

Each of the recipients of the securities in the transactions described below either received or had adequate access to information about the Company through their relationship with the Company, through the Company’s public filings, through documentation requested of and supplied by the Company pursuant to an executed Non-Disclosure Agreement and/or through discussions with the Company.

During the Quarter Ended March 31, 2025 – Issuances Under Rule 701:

From January 1, 2025, until March 31, 2025, the Company issued an aggregate of three hundred forty (340) shares of Series C preferred stock to a total of six (6) holders, pursuant to the exercise of contractual rights acquired pursuant to a written consulting agreement, for the sum of twenty-eight thousand, eight hundred ($28,800) US dollars.

During the Quarter Ended March 31, 2025 – Issuances Under Rule 506(c):

From January 1, 2025, until March 31, 2025, the Company issued an aggregate of three thousand three hundred (3,300) shares of Series D preferred stock and three thousand three hundred (3,300) warrants to acquire additional shares of Series D preferred stock, to a total of two (2) holders, pursuant to a Regulation D Rule 506(c) offering, for the sum of eighty-two thousand five hundred ($82,500) US dollars.

The proceeds from the sale of these securities were used for working capital purposes of the Company.

Item 3. Defaults Upon Senior Securities

None.

~~ITEM 5~~Item 4. ~~OTHER~~ ~~INFORMATION~~Mine Safety Disclosures

Not applicable.

Item 5. Other Information

None.

~~ITEM~~ Item 6. ~~EXHIBITS~~ Exhibits

Exhibit
Number			Description
Exhibits filed herewith:
31.1			Certification of Chief Executive Officer and President Pursuant to Rule 13a-14
31.2			Certification of Chief Financial Officer Pursuant to Rule 13a-14
32.1			Certification of Chief Executive Officer and President Pursuant to Section 906 of the Sarbanes-Oxley Act
32.2			Certification of Chief Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act
101*			Interactive Data Files

●

31.1 Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act

*● 31.2 Certification of Chief Financial Officer pursuant to beSection ~~filed~~302 byof ~~exhibit~~the Sarbanes-Oxley Act

●

32.1 Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act

●

32.2 Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act

SIGNATURES

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

MINERALRITE CORPORATION

34Date: May 9, 2025

By /s/ James Burgauer

James Burgauer Chief Executive Officer (Principal Executive Officer and Principal Financial Officer)

MINERALRITE CORPORATION

Dated: March 30, 2015By:

/s/ GuyPeckham

Guy Peckham

Chief Executive Officer and President

Chief Financial Officer

Filing Compare · MINERALRITE Corp