UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

☒ ~~ANNUAL~~Annual Report ~~REPORT~~Pursuant ~~PURSUANT~~to TOSection ~~SECTION~~ 13 ORor 15(d) OFof ~~THE~~the ~~SECURITIES~~Securities ~~EXCHANGE~~Exchange ~~ACT~~Act OFof 1934

For the Fiscal Year Ended December 31, ~~2019~~2020

☐ Transition Report Under Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from ________ to ________

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

For the transition period from ____________ to ____________

Commission File Number: 000-53800

SMSA Crane Acquisition Corp.

(Exact name of registrant as specified in its charter)

Nevada	~~27-0984742~~		27-0984742
(State or other jurisdiction of incorporation or organization)	~~(I.R.S. Employer Identification No.)~~		(I.R.S. Employer Identification No.)
4 Orinda Way, Suite 180-C, Orinda, CA 94563 (Address of principal executive offices) (Zip code)
(925) 791-1440 (Registrant’s telephone number, including area code)
	Securities registered under Section 12(b) of the Act: Not Applicable
	None (Title of each class)	N/A (Name of Exchange on which registered)

4 Orinda Way, Suite 180-C, Orinda, CA 94563

(Address of principal executive offices)(Zip code)

(925) 791-1440

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Not Applicable

Title of each class Trading Symbol(s) Name of each exchange on which registered None N/A N/A

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

Common stock, par value of $0.001

(Title of class)

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

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

Indicate by check mark ~~whether~~if the registrant ~~(1)~~ ~~has~~is ~~filed~~not ~~all reports~~ required to befile ~~filed~~reports bypursuant to Section 13 or Section 15(d) of the ~~Securities Exchange~~ Act ~~of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days~~. ~~Yes ☐ No ☒~~

Indicate by check mark whether the registrant has submitted electronically, every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit files). Yes ☐ No No ☒

Indicate by check mark whether the registrant (1) ishas afiled ~~large~~all ~~accelerated~~reports ~~filer,~~required anto ~~accelerated~~be ~~filer,~~filed aby ~~non-accelerated~~Section ~~filer,~~13 aor ~~smaller~~15(d) ~~reporting~~of ~~company~~the orSecurities anExchange ~~emerging~~Act ~~growth~~of ~~company. See~~1934 during the ~~definitions~~past of12 ~~“large~~months ~~accelerated~~(or for ~~filer,”~~such ~~“accelerated~~shorter ~~filer”,~~period ~~“smaller~~that ~~reporting~~the ~~company” and~~registrant ~~“emerging~~was ~~growth~~required ~~company”~~to infile ~~Rule~~such ~~12b-~~reports), and (2) ofhas been subject to such filing requirements for the ~~Exchange~~past ~~Act~~90 days.

~~Large~~Yes ~~Accelerated Filer~~ ☐ No ~~Accelerated Filer ☐ Non-Accelerated Filer~~ ☒ ~~Smaller reporting company ☒ Emerging growth company ☐~~

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

Yes ☐ No ☒

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ☒

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

Large accelerated filer ☐		Accelerated filer ☐
Non-accelerated filer ☒		Smaller reporting company ☒
		Emerging growth company ☐

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

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☐

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

Yes ☒ No ☐

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed second fiscal quarter: $n/a

Indicate the number of shares outstanding of each of the registrant’s classes of common stock, as of the latest practicable date: 10,047,495 as of September 1027, 2021.

TABLE OF CONTENTS

		Page Number
		Page No.
	PART I
Item 1.	Business	1
Item 1A.	Risk Factors	1
Item 1B.	Unresolved Staff Comments	1
Item 2.	Properties	1
Item 3.	Legal Proceedings	1
Item 4.	Mine Safety Disclosures	1
	PART II
Item 5.	Market for Registrant’s Common Equity Related Stockholder Matters and Issuer Purchases of Equity Securities	2
Item 6.	~~Selected Financial Data~~Reserved	23
Item 7.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	3
Item 7A.	Quantitative and Qualitative Disclosures About Market Risk	45
Item 8.	Financial Statements and Supplementary Data	5
Item 9.	Changes in and Disagreements with Accountants on Accounting and Financial Disclosure	6
Item 9A.	Controls and Procedures	67
Item 9B.	Other Information	68
Item 9C.	Disclosure Regarding Foreign Jurisdictions that Prevent Inspections	8
	PART III
Item 10.	Directors, Executive Officers and Corporate Governance	78
Item 11.	Executive Compensation	910
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	1012
Item 13.	Certain Relationships and Related Transactions, and Director Independence	1112
Item 14.	Principal Accounting Fees and Services	1113
	PART IV
Item 15.	Exhibits, Financial Statement Schedules	1213
Item 16.	Form 10-K Summary	1213

PART I

Item 1. Business

Our business plan is to pursue a business combination through the acquisition of, or merger with, an existing company seeking the perceived advantages of being a publicly traded corporation. We are not restricting our potential target companies to any specific business, industry or geographical location. No assurances can be given that we will be successful in locating or negotiating with any target company.

On June 26, 2017, our former controlling shareholder, Coqui Radio Pharmaceuticals, Corp. (“Coqui”), sold 9,947,490 shares of common stock to Irwin Eskanos in a private transaction. Concurrently with this sale of controlling interest, our board of directors appointed Mr. Eskanos as our new sole Director, President, Secretary, Treasurer, CEO, and CFO, and accepted the resignation of Carmen I. Bigles, our former sole officer and director. Also, concurrently with the sale of controlling interest, Coqui agreed pay in full, and indemnify us for, our outstanding liabilities as of the date of the sale.

Our continued existence is dependent upon our ability to generate new financing or sufficient cash flows to continue our reporting obligations to the Securities and Exchange Commission on a timely basis. We can provide no assurance that we will achieve a business combination through the acquisition of, or merger with, an existing company. We currently do not have any firm arrangements for financing and we may not be able to obtain financing when required, in the amounts necessary to execute on our plans in full, or on terms which are economically feasible.

Item 1A. Risk Factors

A smaller reporting company is not required to provide the information required by this Item.

Item 1B. Unresolved Staff Comments

None.

Item 2. Properties

We do not currently own or lease any real property.

Item 3. Legal Proceedings

We are not currently party to any material legal proceedings.

Item 4. Mine Safety Disclosures

Not applicable.

PART II

Market Information

Our common stock is quoted under the symbol “SSCR” on the over-the-counter electronic quotation system operated by OTC Markets Group, Inc. There has been only sporadic trading in our common stock and an active market has not developed at this time.

Penny Stock

The SEC has adopted rules that regulate broker-dealer practices in connection with transactions in penny stocks. Penny stocks are generally equity securities with a market price of less than $5.00, other than securities registered on certain national securities exchanges or quoted on the NASDAQ system, provided that current price and volume information with respect to transactions in such securities is provided by the exchange or system. The penny stock rules require a broker-dealer, prior to a transaction in a penny stock, to deliver a standardized risk disclosure document prepared by the SEC, that: (a) contains a description of the nature and level of risk in the market for penny stocks in both public offerings and ~~secondary~~ secondary trading; (b) contains a description of the broker's or dealer's duties to the customer and of the rights and remedies available to the customer with respect to a violation of such duties or other requirements of the securities laws; (c) contains a brief, clear, ~~narrative~~ narrative description of a dealer market, including bid and ask prices for penny stocks and the significance of the spread between the bid and ask price; (d) contains a toll-free telephone number for inquiries on disciplinary actions; (e) defines significant terms in the ~~disclosure~~ disclosure document or in the conduct of trading in penny stocks; and (f) contains such other information and is in such form, including language, type size and format, as the SEC shall require by rule or regulation.

The broker-dealer also must provide, prior to effecting any transaction in a penny stock, the customer with (a) bid and offer quotations for the penny stock; (b) the compensation of of the broker-dealer and its salesperson in the transaction; (c) the number of shares to which such bid and ask prices apply, or other ~~comparable~~ comparable information relating to the depth and liquidity of the market for such stock; and (d) a monthly account statement showing the market value of each penny stock held in the customer's account.

In addition, the penny stock rules require that prior to a transaction in a penny stock not otherwise exempt from those rules, the broker-dealer must make a special written ~~determination~~ determination that the penny stock is a suitable investment for the purchaser and receive the purchaser's written acknowledgment of the receipt of a risk disclosure statement, a written agreement as to transactions involving penny stocks, and a signed and dated copy of a written suitability statement.

These disclosure requirements may have the effect of reducing the trading activity for our common stock. Therefore, stockholders may have difficulty selling our securities.

Holders of Our Common Stock

As of ~~August~~September 2624, 2021, we had 10,047,495 shares of our common stock issued and outstanding, held by approximately 492 shareholders of record.

~~Dividends~~ 2

~~There~~Dividends are no restrictions in our articles of incorporation or bylaws that prevent us from declaring dividends. The Nevada Revised Statutes, however, do prohibit us from declaring dividends where after giving effect to the distribution of the dividend:

	1.	we would not be able to pay our debts as they become due in the usual course of business, or;
	2.	our total assets would be less than the sum of our total liabilities plus the amount that would be needed to satisfy the rights of shareholders who have preferential rights superior to those receiving the distribution.

There are no restrictions in our articles of incorporation or bylaws that prevent us from declaring dividends. The Nevada Revised Statutes, however, do prohibit us from declaring dividends where after giving effect to the distribution of the dividend:

We1. ~~have~~we would not ~~declared~~be ~~any~~able ~~dividends~~to ~~and~~pay weour dodebts ~~not plan~~as tothey ~~declare~~become ~~any~~due ~~dividends~~ in the ~~foreseeable~~usual course ~~future.~~of business, or;

~~Item 6~~2. ~~Selected~~our ~~Financial~~total ~~Data~~assets would be less than the sum of our total liabilities plus the amount that would be needed to satisfy the rights of shareholders who have preferential rights superior to those receiving the distribution.

AWe ~~smaller~~have ~~reporting~~not ~~company~~declared isany dividends and we do not ~~required~~ plan to ~~provide~~declare ~~the~~any ~~information~~dividends ~~required~~in bythe ~~this~~foreseeable ~~Item~~future.

2Item 6. Reserved

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations Forward-Looking Statements

Certain statements, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives, and expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements.” These forward-looking statements generally are identified by the words “believes,” “project,” “expects,” “anticipates,” “estimates,” “intends,” “strategy,” “plan,” “may,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking ~~Looking~~statements are ~~Statements~~based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse effect on our operations and future prospects on a consolidated basis include, but are not limited to: changes in economic conditions, legislative/regulatory changes, availability of capital, interest rates, competition, and generally accepted accounting principles. These risks and uncertainties should also be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements.

~~Certain~~Fiscal ~~statements,~~Year ~~other~~Ended ~~than~~December ~~purely historical information~~31, ~~including~~2020 ~~estimates,~~Compared ~~projections, statements relating~~ to ~~our~~Fiscal ~~business~~Year ~~plans, objectives, and expected operating results,~~Ended ~~and~~December ~~the assumptions upon which those statements are based~~31, are “forward-looking statements.” These forward-looking statements generally are identified by the words “believes,” “project,” “expects,” “anticipates,” “estimates,” “intends,” “strategy,” “plan,” “may,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse effect on our operations and future prospects on a consolidated basis include, but are not limited to: changes in economic conditions, legislative/regulatory changes, availability of capital, interest rates, competition, and generally accepted accounting principles. These risks and uncertainties should also be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements.2019

~~Fiscal Year Ended December 31, 2019 Compared to Fiscal Year Ended December 31, 2018~~Revenue

~~Revenue~~The Company had no revenue for the years ended December 31, 2020 and 2019 respectively.

~~The~~Operating ~~Company had no revenue for the years ended December 31, 2019 and 2018 respectively.~~Expenses

~~Operating~~The ~~Expenses~~following table presents our total operating expenses for the years ended December 31, 2020 and 2019:

The following table presents our total operating expenses for the years ended December 31, 2019 and 2018:

	Years ended December 31,
	2020		2019
Professional fees	$	8,861	$	6,941
Other general and administrative costs		21,804		3,980
Total Operating Expenses	$	30,665	$	10,921

	Years ended December 31,
	2019		2018
Professional fees	$	6,941	$	31,075
Other general and administrative costs		3,980		7,162
Total Operating expenses	$	10,921	$	38,237

Operating expenses consist mostly of the maintenance fees of the corporate entity and the preparation and filing of reports with the Securities and Exchange Commission. The increase in operating expenses for the year ended December 31, 2020, as compared to the year ended December 31, 2019 was mainly due to the increase in general and administrative expenses as compared with 2019 because the Company complied more fully with its periodic reporting requirements and related obligations in 2020 as compared to 2019.

Operating expenses consist mostly of the maintenance fees of the corporate entity and the preparation and filing of reports with the Securities and Exchange Commission. The decrease in operating expenses for the year ended December 31, 2019, as compared to the year ended December 31, 2018 was mainly due to the decrease in professional fees in 2019 as compared with 2018. There was a decrease in professional fees in 2019 compared to 2018 because the Company complied more fully with its periodic reporting requirements in 2018 as compared to 2019.3

Liquidity and Capital Resources

Since its inception, the Company has financed its cash requirements from the sale of common stock and advances from related parties. Uses of funds have included activities to establish our business, professional fees and other general and administrative expenses.

We believe the Company will need additional resources to implement its strategic objectives in upcoming quarters. Due to our lack of operating history, however, our auditors have stated their opinion that there currently exists substantial doubt about our ability to continue as a going concern. As of December 31, ~~2019~~2020, the Company ~~has~~had an accumulated deficit of $~~428~~459,~~377~~042. The Company intends to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the next twelve months.

The ability of the Company to continue as as a going concern is dependent upon, among other things, obtaining additional financing to continue its filings with the Securities and Exchange Commission in ~~2019~~2021. In response to this and other potential problems, management intends to raise additional funds through public or private placement offerings. These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.

The following table provides detailed ~~information~~ information about our net cash flow for years presented in this report.

3Cash Flow

Cash Flow

	Year ended December 31,
	2020			2019
Net cash used in operating activities	$	(17,906	)	$	(18,096	)
Net cash provided by investing activities		—			—
Net cash provided by financing activities		—			35,000
Net cash inflow (outflow)	$	(17,906	)	$	16,904

	Year ended December 31,
	2019			2018
Net cash used in operating activities	$	(18,096	)	$	(23,939	)
Net cash provided by investing activities		—			—
Net cash provided by financing activities		35,000			7,500
Net cash inflow (outflow)	$	16,904		$	(16,439	)

Operating Activities

~~Operating~~Cash ~~Activities~~used in operating activities for the years ended December 31, 2020 and 2019 consisted of net loss as well as the effect of changes in working capital. In 2020, the Company had a net loss of $30,665 offset by an increase in accounts payable and accrued expenses of $12,759. By comparison, in 2019, the Company had a net loss of $10,921 increased by a decrease in accounts payable and accrued expenses of $7,175.

~~Cash~~Investing used in operating activities for the years ended December 31, 2019 and 2018 consisted of net loss as well as the effect of changes in working capital. The decrease in cash used in operating activities of approximately $5,843 was due to a smaller net loss in 2019 (a $27,316 smaller net loss), offset by a decrease in accounts payable for 2019.Activities

~~Investing~~Net ~~Activities~~cash provided by our investing activities for the years ended December 31, 2020 and 2019 was $0.

~~Net~~Financing ~~cash provided by our investing activities for the years ended December 31, 2019 and 2018 was $0.~~Activities

~~Financing~~Net ~~Activities~~cash provided by our financing activities for the year ended December 31, 2020 was $0. In the year ended December 31, 2019, investing activities provided $35,000 in cash, consisting entirely of an advance from our majority shareholder.

~~Net~~Pending ~~cash~~our ~~provided~~completion byof ~~our~~a ~~financing~~future potential business combination, we are not conducting any business activities. ~~for~~Our ~~the~~only ~~year~~operating ~~ended~~activities ~~December~~are ~~31,~~to ~~2019~~comply ~~was~~with ~~$35,000,~~Securities asand ~~compared~~Exchange Commission reporting requirements and to ~~2018~~seek ofto ~~$7,500,~~complete ana ~~increase~~business combination through the acquisition of, ~~$27~~or merger with,~~500. This~~ ~~increase~~an ~~was~~existing company ~~entirely~~seeking ~~due~~the toperceived anadvantages ~~increase~~of inbeing ~~advances~~a ~~from~~publicly ~~shareholders~~traded corporation.

Pending our completion of a future potential business combination, we are not conducting any business activities. Our only operating activities are to comply with Securities and Exchange Commission reporting requirements and to seek to complete a business combination through the acquisition of, or merger with, an existing company seeking the perceived advantages of being a publicly traded corporation.4

Off Balance Sheet Arrangements

As of December 31, ~~2019~~2020 there were no off balance sheet arrangements.

Going Concern

We have experienced recurring losses and had an accumulated deficit of $~~428~~459,~~377~~042 as of December 31, ~~2019~~2020. To date, we have not been able to produce sufficient sales to become cash flow positive and profitable on a consistent basis. The success of our business plan during the next 12 months and beyond will be ~~contingent~~ contingent upon generating sufficient revenue to cover our costs of operations and/or upon obtaining additional financing. For these reasons, ~~our~~ our auditor has raised substantial doubt about our ability to continue as a going concern.

Critical Accounting Policies

In December 2001, the SEC requested that all registrants list their most “critical accounting polices” in the Management Discussion and Analysis. The SEC indicated that a “critical accounting policy” is one which is both important to the portrayal of a company’s financial condition and results, and requires management’s most difficult, subjective or complex judgments, often as a result of the need to make estimates about the effect of matters that are inherently uncertain. We do not believe that any accounting policies currently fit this definition.

Recently Issued Accounting Pronouncements

Our management has considered all recent accounting pronouncements issued since the last audit of our financial statements. Our management believes that these recent pronouncements ~~will~~ will not have a material effect on our financial statements.

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

A smaller reporting company is not required to provide the information required by this Item.

4Item 8. Financial Statements and Supplementary Data

~~Item~~Index 8.to Financial Statements ~~and~~Required ~~Supplementary~~by ~~Data~~Article 8 of Regulation S-X:

~~Index~~Audited to Financial Statements ~~Required by Article 8 of Regulation S-X~~:

Audited Financial Statements:

	F-1			Report of Independent Registered Public Accounting Firm
	F-3			Balance Sheets as of December 31, 2020 and December 31, 2019;
	F-4			Statements of Operations for the years ended December 31, 2020 and 2019;
	F-5			Statements of Changes in Stockholders’ Deficit for the years ended December 31, 2020 and 2019;
	F-6			Statements of Cash Flows for years ended December 31, 2020 and 2019;
	F-7			Notes to Financial Statements.

F-1	Report of Independent Registered Public Accounting Firm
F-2	Balance Sheets as of December 31, 2019 and December 31, 2018;
F-3	Statements of Operations for the years ended December 31, 2019 and 2018;
F-4	Statements of Stockholders’ Deficit for the years ended December 31, 2019 and 2018;
F-5	Statements of Cash Flows for years ended December 31, 2019 and 2018;
F-6	Notes to Financial Statements.

5REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

~~REPORT OF~~To ~~INDEPENDENT~~the ~~REGISTERED~~Board ~~PUBLIC~~of ~~ACCOUNTING~~Directors ~~FIRM~~and Stockholders

ToSMSA ~~the~~Crane ~~Board~~Acquisition ~~of Directors and Stockholders~~Corp.

~~SMSA~~Orinda, ~~Crane Acquisition Corp.~~CA

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of SMSA Crane Acquisition Corp. (the Company) as of December 31, ~~2019~~2020 and ~~2018~~2019, and the related statements of operations, changes in stockholders’ deficit, and cash flows for the years then ended, and the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, ~~2019~~ 2020 and ~~2018~~2019, and the results of its operations and its cash flows for the years then ended, in conformity with accounting principles generally accepted in the United States of America.

~~Consideration of the Company’s Ability to Continue as a~~ Going Concern Considerations

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company has suffered recurring losses since inception and has not noachieved profitable operations , which raise substantial doubt about its ability to continue as a going concern. Management’s plans in regard to these matters are described in Note CB. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Basis for Opinion

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

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

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

~~/s/~~Critical ~~Pinnacle~~Audit ~~Accountancy Group of Utah~~Matter

WeThe ~~have~~critical ~~served~~audit matter communicated below is a matter arising from the current period audit of the financial statements that was communicated or required to be communicated to the audit committee and that: (1) relates to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments. The communication of critical audit matters does not alter in any way our opinion on the financial statements, taken as a whole, and we are not, by communicating the ~~Company’s~~critical ~~auditor~~audit ~~since~~matter ~~2016~~below, providing a separate opinion on the critical audit matter or on the accounts or disclosures to which it relates.

~~Pinnacle Accountancy Group of Utah~~F-1

aGoing ~~dba~~Concern ~~of Heaton & Company, PLLC~~– Disclosure

~~Farmington~~The financial statements of the Company are prepared on a going concern basis, ~~Utah~~which assumes that the Company will continue in operation for the foreseeable future and, accordingly, will be able to realize its assets and discharge its liabilities in the normal course of operations. As noted in “Going Concern Considerations” above, the Company has a history of recurring net losses, a significant accumulated deficit and currently has net working capital deficit. The Company has contractual obligations, such as commitments for repayments of accounts payable, accrued expenses, and amounts due to related parties (collectively “obligations”). Currently, management’s forecasts and related assumptions illustrate their ability to meet the obligations through managing expenditures, merging with an operating company, obtaining additional related or unrelated party loans, and issuing capital stock for additional funding to meet its operating needs. Should there be constraints on the ability to merge with an operating company or access financing through stock issuances, the Company will continue to manage cash outflows and meet the obligations through related and unrelated party loans.

~~September~~We 10identified management’s assessment of the Company’s ability to continue as a going concern as a critical audit matter. Management made judgments to conclude that it is probable that the Company’s plans will be effectively implemented and will provide the necessary cash flows to fund the Company’s obligations as they become due. Specifically, ~~2021~~the judgments with the highest degree of impact and subjectivity in determining it is probable that the Company’s plans will be effectively implemented include its ability to manage expenditures, its ability to access funding from the capital market, its ability to obtain additional related and unrelated party loans, and a merger with an operating company. Auditing the judgments made by management required a high degree of auditor judgment and an increased extent of audit effort.

~~F-1~~Addressing the matter involved performing procedures and evaluating audit evidence in connection with forming our overall opinion on the financial statements. These procedures included the following, among others: (i) evaluating the probability that the Company will be able to access funding from the capital market; (ii) evaluating the probability that the Company will be able to manage expenditures (iii) evaluating the probability that the Company will be able to obtain additional related and unrelated party loans, and (iv) evaluating the potential for a merger with an operating company.

~~SMSA~~/s/ ~~Crane~~Pinnacle ~~Acquisition Corp.~~Accountancy Group of Utah

~~Balance~~We ~~Sheets~~have served as the Company’s auditor since 2016.

~~December~~Pinnacle ~~31,~~Accountancy ~~2019~~Group ~~and~~of ~~2018~~Utah

	December 31,			December 31,
	2019			2018
ASSETS
Current Assets
Cash – attorney escrow account	$	19,730		$	2,826
Total Current Assets	$	19,730		$	2,826
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current Liabilities
Accounts payable and accrued expenses	$	14,516		$	21,691
Due to shareholder		81,615			46,615
Total Current Liabilities		96,131			68,306
Total Liabilities		96,131			68,306
Stockholders' Deficit
Preferred stock - $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding		—			—
Common stock - $0.001 par value, 100,000,000 shares authorized. 10,047,495 shares issued and outstanding		10,048			10,048
Additional paid-in capital		341,928			341,928
Accumulated deficit		(428,377	)		(417,456	)
Total Stockholders' Deficit		(76,401	)		(65,480	)
Total Liabilities and Stockholders' Deficit	$	19,730		$	2,826

(a dba of Heaton & Company, PLLC)

~~The~~Farmington, ~~accompanying notes are an integral part of these financial statements~~Utah

~~F-2~~September 27, 2021

~~SMSA Crane Acquisition Corp.~~F-2

~~Statements~~SMSA ofCrane ~~Operations~~Acquisition Corp.

~~Years~~Balance ~~Ended December 31, 2019 and 2018~~Sheets

	Years Ended
	December 31,
	2019			2018
Revenues	$	—		$	—
Operating expenses
Professional fees		6,941			31,075
Other general and administrative		3,980			7,162
Total operating expenses		10,921			38,237
Other Income (Expense)
Total Other Income (Expense)	$	—		$	—
Loss from operations		(10,921	)		(38,237	)
Provision for income taxes		—			—
Net loss	$	(10,921	)	$	(38,237	)
Loss per common share - basic and fully diluted	$	(0.00	)	$	(0.00	)
Weighted-average number of common shares outstanding - basic and fully diluted		10,047,495			10,047,495

December 31, 2020 and 2019

The accompanying notes are an integral part of these financial statements


	December 31,			December 31,
	2020			2019

ASSETS

Current Assets
Cash – attorney escrow account	$	1,824		$	19,730

Total Current Assets	$	1,824		$	19,730

LIABILITIES AND STOCKHOLDERS' DEFICIT

Current Liabilities
Accounts payable and accrued expenses	$	27,275		$	14,516
Due to shareholder		81,615			81,615

Total Current Liabilities		108,890			96,131

Total Liabilities		108,890			96,131

Stockholders' Deficit
Preferred stock - $0.001 par value.
10,000,000 shares authorized.
No shares issued and outstanding		—			—
Common stock - $0.001 par value.
100,000,000 shares authorized. 10,047,495 shares issued and outstanding		10,048			10,048
Additional paid-in capital		341,928			341,928
Accumulated deficit		(459,042	)		(428,377	)

Total Stockholders' Deficit		(107,066	)		(76,401	)

Total Liabilities and Stockholders' Deficit	$	1,824		$	19,730

~~F-3~~The accompanying notes are an integral part of these financial statements

~~SMSA Crane Acquisition Corp.~~F-3

Statements of ~~Changes in Stockholders' Deficit~~Operations

~~For the~~ Years Ended December 31, 2020 ~~2019~~ and ~~2018~~2019

	Common Stock						Additional					Total
	December 31,
	$0.001 Par Value						paid-in		Accumulated			Stockholders'
	2020			2019
	Shares			Amount			Capital		Deficit			Deficit
Revenues	$	—		$	—
Balances at December 31, 2017		10,047,495			10,048			341,928		(379,219	)		(27,243	)
Operating expenses
													—
Professional fees		8,861			6,941
Net loss for the year		—			—					(38,237	)		(38,237	)
Other general and administrative		21,804			3,980
Balances at December 31, 2018		10,047,495			10,048			341,928		(417,456	)		(65,480	)
Total operating expenses		30,665			10,921
Net loss for the year		—			—					(10,921	)		(10,921	)
Other income (expense)
Balances at December 31, 2019		10,047,495			10,048			341,928		(428,377	)		(76,401	)
Total other income (expense)	$	—		$	—
Loss from operations		(30,665	)		(10,921	)
Provision for income taxes		—			—
Net loss	$	(30,665	)	$	(10,921	)
Loss per common shares - basic and fully diluted	$	(0.00	)		(0.00	)
Weighted-average number of
common shares outstanding
- basic and fully diluted		10,047,495			10,047,495

The accompanying notes are an integral part of these financial statements

F-4

SMSA Crane Acquisition Corp.

Statements of ~~Cash~~Changes ~~Flows~~in Stockholders' Deficit

Years Ended December 31, ~~2019~~2020 and ~~2018~~2019

	Years Ended December 31,
	Common Stock						Additional					Total
	2019			2018
	$0.001 Par Value						Paid-in		Accumulated			Stockholders'
Cash Flows from Operating Activities:
	Shares			Amount			Capital		Deficit			Deficit
Net loss	$	(10,921	)	$	(38,237	)
Balances at December 31, 2018		10,047,495		$	10,048		$	341,928	$	(417,456	)	$	(65,480	)
Adjustments to reconcile net loss to net cash used in operating activities
Net loss for the year		—			—			—		(10,921	)		(10,921	)
Changes in operating working capital items:
Balances at December 31, 2019		10,047,495		$	10,048		$	341,928	$	(428,377	)	$	(76,401	)
Increase in accounts payable and accrued expenses		(7,175	)		14,298
Net loss for the year		—			—			—		(30,665	)		(30,665	)
Net Cash Used in Operating Activities		(18,096	)		(23,939	)
Balances at December 31, 2020		10,047,495		$	10,048		$	341,928	$	(459,042	)	$	(107,066	)
Cash Flows from Investing Activities:		—			—
Cash Flows from Financing Activities:
Repayment to a Related Party		—			—
Advance from Shareholder		35,000			7,500
Advance from a former Shareholder		—			—
Net Cash Provided by Financing Activities		35,000			7,500
Increase (Decrease) in Cash		16,904			(16,439	)
Cash at beginning of period		2,826			19,265
Cash at end of period	$	19,730		$	2,826
Supplemental Disclosure of Interest and Income Taxes Paid:
Interest paid during the period	$	—		$	—
Income taxes paid during the period	$	—		$	—

The accompanying notes are an integral part of these financial statements

F-5

SMSA Crane Acquisition Corp.

~~Notes~~Statements toof ~~Financial~~Cash ~~Statements~~Flows

Years Ended December 31, 2020 ~~2019~~ and ~~2018~~2019

Note A - Basis of presentation, Background and Description of Business

	Years Ended December 31,
	2020			2019
Cash Flows from Operating Activities:
Net loss	$	(30,665	)	$	(10,921	)
Adjustments to reconcile net loss to net cash used in operating activities

Changes in operating working capital items:
Increase (decrease) in accounts payable and accrued expenses		12,759			(7,175	)
Net Cash Used in Operating Activities		(17,906	)		(18,096	)

Cash Flows from Investing Activities:		—			—

Cash Flows from Financing Activities:
Advance from shareholder		—			35,000
Net Cash Provided by Financing Activities		—			35,000

Net Change in Cash		(17,906	)		16,904
Cash at beginning of period		19,730			2,826
Cash at end of period	$	1,824		$	19,730

Supplemental Disclosure of
Interest and Income Taxes Paid:
Interest paid during the period	$	—		$	—
Income taxes paid during the period	$	—		$	—

~~Background~~The ~~and Description~~accompanying notes are an integral part of ~~Business~~these financial statements

~~SMSA Crane Acquisition Corp. was organized on September 9, 2009 as a Nevada corporation to effect the reincorporation of Senior Management Services of Crane, Inc., a Texas corporation.~~F-6

~~The~~SMSA ~~Company's~~Crane ~~business~~Acquisition ~~plan is now to pursue a business combination through the acquisition of, or merger with, an existing company seeking the perceived advantages of being a publicly traded corporation~~Corp. The Company is not restricting its potential target companies to any specific business, industry or geographical location. No assurances can be given that the Company will be successful in locating or negotiating with any target company.

~~Note~~Notes Bto -Financial ~~Change of Control~~Statements

~~Coqui,~~December ~~the principal shareholder of the Company~~31, ~~entered~~2020 ~~into a Stock Purchase Agreement, effective as of the 26th day of June, 2017, with Irwin Eskanos (“Buyer”). Coqui agreed to sell to the Buyer,~~ and the Buyer agreed to purchase from Coqui, a total of 9,947,490 shares of common stock of the Company for a total purchase price of $250,000. These purchased shares represented approximately 99% of the Company’s issued and outstanding shares of Common Stock. Concurrent with the sale of controlling interest, Coqui (“Indemnitor”) entered into an Indemnity Agreement with SMSA Crane Acquisition Corp (“indemnitee”). Coqui agreed to paid $133,572 of the Company’s outstanding debts at or prior to the closing of Stock Sale. The Company recorded Coqui’s forgiveness of debt of $133,572 under Additional paid in capital, for the year ended December 31, 2017.2019

OnNote ~~June~~A 26- Background, ~~2017, the board~~ Description of ~~directors appointed~~Business ~~Irwin Eskanos as our new sole Director, President, Secretary, Treasurer, CEO,~~ and ~~CFO.~~Basis ~~Following these appointments, the board accepted the resignation~~ of ~~Carmen I. Bigles as our former sole officer and director.~~presentation

~~Note~~SMSA CCrane –Acquisition ~~Going~~Corp. ~~Concern~~was organized on September 9, 2009 as a Nevada corporation to effect the reincorporation of Senior Management Services of Crane, Inc., a Texas corporation.

WeThe ~~have~~Company's ~~incurred~~business ~~recurring~~plan ~~losses~~is ~~since inception and expect~~ to ~~continue to incur losses as~~ pursue a ~~result~~business ofcombination ~~legal~~through ~~and professional fees and our corporate general and administrative expenses. Our net losses incurred for~~ the ~~years~~acquisition ~~ended December 31~~of, ~~2019~~or ~~and~~merger ~~2018~~with, ~~amounted~~an toexisting ~~approximately~~company ~~$10,921~~seeking ~~and $38,237 respectively, and working capital (deficits) for~~ the ~~years~~perceived ~~ended~~advantages ~~December~~of ~~31,~~being ~~2019 and 2018 were approximately $76,401 and $65,480, respectively. As~~ a ~~result,~~publicly ~~there~~traded ~~is substantial doubt about our ability to continue as a going concern~~corporation. InThe ~~the~~Company ~~event~~is ~~that~~not werestricting ~~are~~its ~~unable~~potential totarget ~~generate~~companies ~~sufficient cash from our operating activities or raise additional funds, we may be required~~ to ~~delay,~~any ~~reduce~~specific ~~or severely curtail our operations or otherwise impede our on-going~~ business ~~efforts~~, ~~which~~industry ~~could~~or ~~have~~geographical ~~a material adverse effect on our business, operating results, financial condition~~location. ~~and~~No ~~long-term~~assurances ~~prospects. The Company expects to seek to obtain additional funding through future equity issuances. There~~ can be nogiven ~~assurance as~~that to the ~~availability~~Company orwill ~~terms~~be ~~upon~~successful ~~which~~in ~~such~~locating ~~financing~~or ~~and~~negotiating ~~capital~~with ~~might~~any betarget ~~available~~company.

~~Note~~The DCompany’s -financial ~~Summary~~statements ofhave ~~Significant~~been ~~Accounting~~prepared by management ~~Policies~~in ~~and~~accordance ~~Recent~~with ~~Accounting~~accounting ~~Pronouncements~~principles generally accepted in the United States of America (US GAAP). The Company has elected a December 31 year end.

~~Use~~Note ofB ~~Estimates~~– Going Concern

~~The~~We ~~preparation~~have ofincurred ~~financial~~recurring ~~statements in~~losses ~~conformity~~since ~~with~~inception and ~~accounting~~expect ~~principles~~to ~~generally~~continue ~~accepted~~to inincur ~~the~~losses ~~United~~as ~~States~~a result of ~~America~~legal ~~requires~~and ~~management~~professional tofees ~~make~~and ~~estimates~~our corporate general and administrative expenses. ~~assumptions~~Our ~~that~~net ~~affect~~losses incurred for the ~~reported~~years ~~amounts~~ended ofDecember ~~assets~~31, 2020 and ~~liabilities~~2019 amounted to $30,665 and ~~disclosure~~$10,921, ofrespectively, ~~contingent~~and ~~assets~~working capital deficits were $107,066 and ~~liabilities~~$76,401 at ~~the~~December ~~date~~31, 2020 and 2019, respectively. As a result, there is substantial doubt about our ability ofto ~~the~~continue ~~financial~~as ~~statements~~a ~~and~~going concern. In the ~~reported~~event ~~amounts~~that ofwe ~~revenues~~are ~~and~~unable ~~expenses~~to ~~during~~generate ~~the~~sufficient ~~reporting~~cash ~~period~~from our operating activities or raise additional funds, we may be required to delay, reduce or severely curtail our operations or otherwise impede our on-going business efforts, which could have a material adverse effect on our business, operating results, financial condition and long-term prospects. ~~Significant~~The ~~estimates~~Company ~~include~~expects ~~the~~to ~~valuation~~seek ofto ~~deferred~~obtain ~~tax~~additional ~~assets~~funding through future equity issuances. ~~Actual~~There ~~results~~can ~~could~~be ~~differ~~no ~~from~~assurance ~~those~~as ~~estimates~~to the availability or terms upon which such financing and capital might be available.

~~Cash~~Note ~~and~~C ~~cash~~- ~~equivalents~~Summary of Significant Accounting Policies

~~The~~Use ~~Company considers all cash on hand and in banks, certificates~~ of ~~deposit and other highly-liquid investments with original maturities of three months or less, when purchased, to be cash and cash equivalents.~~Estimates

~~F-6~~The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include the valuation of deferred tax assets. Actual results could differ from those estimates.

~~SMSA~~Cash ~~Crane~~and ~~Acquisition~~Cash ~~Corp.~~Equivalents

~~Notes~~The Company considers all cash on hand and in banks, certificates of deposit and other highly-liquid investments with maturities of three months or less, when purchased, to ~~Financial~~be ~~Statements~~cash and cash equivalents.

~~December~~Income ~~31, 2019 and 2018~~Taxes

~~Income~~The ~~taxes~~Company files income tax returns in the United States of America and various states, as appropriate and applicable.

The Company ~~files~~accounts for income ~~tax~~taxes ~~returns~~using the asset and liability method in accordance with ASC 740, “Income Taxes.” The asset and liability method provides that deferred tax assets and liabilities are recognized for the ~~United~~expected ~~States~~future tax consequences of ~~America~~temporary differences between the financial reporting and ~~various~~tax ~~states~~basis of assets and liabilities, asand ~~appropriate~~for operating loss and ~~applicable~~tax credit carry forwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized.

The Company ~~accounts~~follows ~~for income taxes using the asset and liability method in accordance with~~ ASC 740-10 ~~“Income Taxes.” The asset and liability method provides that~~"Accounting ~~deferred~~for ~~tax~~Uncertain ~~assets~~Income ~~and~~Tax ~~liabilities~~Positions," ~~are~~which ~~recognized~~requires ~~for~~ the ~~expected~~recognition ~~future tax consequences~~ of ~~temporary~~potential ~~differences~~liabilities ~~between~~as ~~the~~a ~~financial reporting~~result ~~and~~of ~~tax~~management's ~~basis~~ acceptance of ~~assets~~potentially ~~and~~uncertain ~~liabilities,~~positions ~~and~~ for ~~operating~~income ~~loss~~tax ~~and~~treatment ~~tax~~on ~~credit~~a ~~carry~~"more-likely-than-not" ~~forwards.~~probability ~~Deferred~~of ~~tax~~an ~~assets~~assessment ~~and~~upon ~~liabilities~~examination ~~are~~by ~~measured~~a ~~using~~respective ~~the~~taxing ~~currently enacted tax rates and laws~~authority. The Company ~~records~~does anot ~~valuation~~have ~~allowance~~any touncertain ~~reduce~~income ~~deferred~~ tax ~~assets~~positions ~~to the~~and ~~amount~~has ~~that~~not isincurred ~~believed~~any ~~more~~liability ~~likely~~for unrecognized ~~than~~tax ~~not to be realized~~benefits.

~~The Company has adopted the provisions of ASC 740~~F-10 "Accounting for Uncertain Income Tax Positions." The Codification Topic requires the recognition of potential liabilities as a result of management's acceptance of potentially uncertain positions for income tax treatment on a "more-likely-than-not" probability of an assessment upon examination by a respective taxing authority. As a result of the implementation of Codification's Income Tax Topic, the Company did not incur any liability for unrecognized tax benefits.7

~~Income~~SMSA ~~(Loss)~~Crane ~~per~~Acquisition ~~share~~Corp.

~~Basic~~Notes ~~earnings (loss) per share is computed by dividing the net income (loss) available~~ to ~~common~~Financial ~~stockholders by the weighted-average number of common shares outstanding during the respective period presented in our accompanying financial statements.~~Statements

~~Fully~~December ~~diluted~~31, ~~earnings~~2020 ~~(loss)~~and ~~per share is computed similar to basic income (loss) per share except that the denominator is increased to include the number of common stock equivalents.~~2019

~~Common~~Income stock equivalents represent the dilutive effect of the assumed exercise of outstanding stock warrants, options or convertible securities, using the if-converted method, and only if the common stock equivalents are considered dilutive based upon the Company's net income (~~loss~~Loss) ~~position.~~Per Share

AsBasic ofearnings ~~December~~(loss) ~~31,~~per ~~2019~~share ~~and~~is ~~2018, the~~computed ~~Company~~by ~~had~~dividing nothe ~~outstanding~~net ~~stock~~income ~~warrants,~~(loss) ~~options~~available orto ~~convertible~~common ~~securities~~stockholders ~~which~~by ~~could~~the beweighted-average ~~considered~~number ~~dilutive~~of ~~for~~common ~~purposes~~shares ofoutstanding during the ~~loss per~~respective ~~share~~period ~~calculation~~presented in our accompanying financial statements.

~~Recent~~Fully ~~Accounting~~diluted ~~Pronouncements~~earnings (loss) per share is computed similar to basic income (loss) per share except that the denominator is increased to include the number of common stock equivalents.

~~Management~~Common ~~does~~stock ~~not~~equivalents ~~believe~~represent ~~that~~the ~~any recently~~dilutive ~~issued~~effect of the assumed exercise of outstanding stock warrants, ~~but~~options ~~not~~or ~~yet~~convertible ~~effective~~securities, ~~accounting~~using ~~standards~~the if-converted ~~currently~~method, ~~adopted~~and ~~would~~only if ~~have~~the acommon ~~material~~stock ~~effect~~equivalents onare considered dilutive based upon the ~~accompanying~~Company's ~~financial~~net ~~statements~~income (loss) position.

~~Note~~As Eof -December ~~Fair~~31, ~~Value~~2020 ofand ~~Financial~~2019, ~~Instruments~~the ~~and~~Company had ~~Fair~~no ~~Value~~outstanding ~~Measurements~~stock warrants, options or convertible securities that could be considered dilutive for purposes of the loss per share calculation.

~~The~~Recently ~~carrying~~Adopted ~~amount~~Accounting of cash, accounts payable and accrued expenses and due to shareholder, approximates fair value due to the short term nature of these items and/or the current interest rates payable in relation to current market conditions.Pronouncements

~~ASC~~Management ~~Topic~~does ~~820,~~not ~~"Fair~~believe ~~Value~~that ~~Measurements and~~any ~~Disclosures,"~~recently ~~requires disclosure of the fair value of financial instruments held by the Company. ASC Topic 825~~issued, ~~"Financial~~ ~~Instruments,"~~but ~~defines~~not ~~fair~~yet ~~value~~effective, ~~and~~accounting ~~establishes~~standards aif ~~three-level~~currently ~~valuation~~adopted ~~hierarchy~~would ~~for~~have ~~disclosures~~a ofmaterial ~~fair~~effect ~~value~~on ~~measurement that enhances disclosure requirements for fair value measures. The carrying amounts reported in~~ the ~~balance~~accompanying ~~sheets for receivables and current liabilities each qualify as~~ financial instruments and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of intereststatements. ~~The three levels of valuation hierarchy are defined as follows:~~

·	Level 1:	Observable inputs such as quoted prices in active markets;
·	Level 2:	Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and
·	Level 3:	Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.

Note D - Fair Value of Financial Instruments and Fair Value Measurements

~~F-7~~The carrying amount of cash, accounts payable and accrued expenses and due to stockholder, approximates fair value due to the short term nature of these items and/or the current interest rates payable in relation to current market conditions.

~~SMSA~~ASC ~~Crane~~Topic ~~Acquisition~~820, ~~Corp~~"Fair Value Measurements and Disclosures,” requires disclosure of the fair value of financial instruments held by the Company. ASC Topic 825, "Financial Instruments," defines fair value, and establishes a three-level valuation hierarchy for disclosures of fair value measurement that enhances disclosure requirements for fair value measures. The carrying amounts reported in the balance sheets for receivables and current liabilities each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. The three levels of valuation hierarchy are defined as follows:

Notes to Financial Statements

·	Level 1:	Observable inputs such as quoted prices in active markets;

·	Level 2:	Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and

·	Level 3:	Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.

~~December~~Note ~~31,~~E ~~2019~~- ~~and~~Related ~~2018~~Party Transactions

~~Note~~Due Fto ~~- Related Party Transactions~~Shareholder

~~Due~~As of December 31, 2020 and 2019, the Company owes $81,615 and $81,615, respectively, to ~~Shareholder~~Mr. Irwin Eskanos, the principal shareholder of the Company, for the funding of its current operating expenses. The amount owing is unsecured, non-interest bearing, and due on demand.

AsNote ofF ~~December 31,~~- ~~2019~~Concentration ~~and 2018, the Company owes $81,615 and $46,615, respectively, to Mr. Irwin Eskanos, the principal shareholder~~ of ~~the~~Credit Company, for the funding of its current operating expenses. The amount owing is unsecured, non-interest bearing, and due on demand. During the years ended December 31, 2019 and 2018, Mr. Eskanos advanced $35,000 and $7,500, respectively.Risk

~~Note~~At Gtimes -cash ~~Concentration~~deposited ofwith ~~Credit~~financial ~~Risk~~institutions may exceed federally insured limits. The Company has not experienced any losses in such accounts through December 31, 2020.

AtNote ~~times~~G ~~cash~~- ~~deposited with financial institutions may exceed federally insured limits. The Company has not experienced any losses in such accounts through December 31, 2019.~~Contingencies

~~Note~~The HCompany's -business ~~Contingencies~~plan is to pursue a business combination through the acquisition of, or merger with, an existing company seeking the perceived advantages of being a publicly traded corporation. No assurances can be given that the Company will be successful in pursuing a business combination in the near future or at all.

~~The~~Note ~~Company's~~I ~~business~~- ~~plan~~Income is now to pursue a business combination through the acquisition of, or merger with, an existing company seeking the perceived advantages of being a publicly traded corporation. No assurances can be given that the Company will be successful in pursuing a business combination in the near future or at all.Taxes

~~Note~~As Iof December 31, 2020 and 2019, the Company has a net operating loss carryforward of approximately $459,000 and $428,000, respectively, to offset future taxable income. The amount and availability of any net operating loss carryforwards will be subject to the limitations set forth in the Internal Revenue Code. Such factors as the number of shares ultimately issued within a three year look-back ~~Income~~period; ~~Taxes~~whether there is a deemed more than a 50 percent change in control; the applicable long-term tax exempt bond rate; continuity of historical business; and subsequent income of the Company all enter into the annual computation of allowable annual utilization of any net operating loss carryforward(s).

As of December 31, 2019 and 2018, the Company has a net operating loss carryforward of approximately $428,000 and $417,000, respectively, to offset future taxable income. The amount and availability of any net operating loss carryforwards will be subject to the limitations set forth in the Internal Revenue Code. Such factors as the number of shares ultimately issued within a three year lookF-back period; whether there is a deemed more than a 50 percent change in control; the applicable long-term tax exempt bond rate; continuity of historical business; and subsequent income of the Company all enter into the annual computation of allowable annual utilization of any net operating loss carryforward(s).8

~~The~~SMSA ~~Company's~~Crane ~~income~~Acquisition ~~tax expense (benefit) for each of the year ended December 31, 2019 and 2018 is 21%:~~ Corp.

	Year Ended
	December 31,
	2019			2018
Statutory rate applied to income before income taxes	$	(2,200	)	$	(8,100	)
Effects of rate changes on deferred tax assets and valuation allowance
Change in valuation allowance		2,200			8,100
Income tax expense	$	—		$	—

Notes to Financial Statements

~~The Company's only temporary difference due to statutory requirements in the recognition of assets and liabilities for tax and financial reporting purposes, as of~~ December 31, ~~2019 and~~2020 ~~2018, respectively, relate solely to the Company's net operating loss carryforward(s). This difference gives rise to the financial statement carrying amounts~~ and ~~tax bases of assets and liabilities causing either deferred tax assets or liabilities, as necessary, as of December 31,~~ 2019 ~~and 2018, respectively:~~

	December 31,
	2019			2018
Deferred tax assets – 21%
Net operating loss carryforwards	$	89,900		$	87,700
Less valuation allowance		(89,900	)		(87,700	)
Net Deferred Tax Asset	$	—		$	—

The Company's income tax expense (benefit) for each of the years ended December 31, 2020 and 2019 is 21%:

During the ended December 31, 2019 and 2018, respectively, the valuation allowance for the deferred tax asset increased by approximately $2,200 and $8,100, respectively. Open tax years that are subject to IRS examination start from 2013. The Company’s policy for recording interest and penalties are based on estimates and during the year ended December 31, 2019 and 2018, the Company recorded $0 and $0, respectively, in interest and penalties.

	Year Ended
	December 31,
	2020			2019

Statutory rate applied to income before income taxes	$	(6,400	)	$	(2,200	)
Effects of rate changes on deferred tax assets and valuation allowance
Change in valuation allowance		6,400			2,200
Income tax expense	$	—		$	—

~~F-8~~The Company's only temporary difference due to statutory requirements in the recognition of assets and liabilities for tax and financial reporting purposes, as of December 31, 2020 and 2019, respectively, relate solely to the Company's net operating loss carryforward(s). This difference gives rise to the financial statement carrying amounts and tax bases of assets and liabilities causing either deferred tax assets or liabilities, as necessary, as of December 31, 2020 and 2019, respectively:

SMSA Crane Acquisition Corp.

	December 31,
	2020			2019
Deferred tax assets – 21%
Net operating loss carryforwards	$	96,300		$	89,900
Less valuation allowance		(96,300	)		(89,900	)
Net Deferred Tax Asset	$	—		$	—

~~Notes~~During the ended December 31, 2020 and 2019, respectively, the valuation allowance for the deferred tax asset increased by approximately $6,400 and $2,200, respectively. Open tax years that are subject to ~~Financial~~IRS ~~Statements~~examination start from 2013. The Company’s policy for recording interest and penalties are based on estimates and during the years ended December 31, 2020 and 2019, the Company recorded $0 and $0, respectively, in interest and penalties.

~~December~~Note ~~31,~~J- ~~2019~~Stockholders' ~~and 2018~~Deficit

~~Note~~Pursuant J-to ~~Stockholders'~~our ~~Deficit~~Articles of Incorporation, our board has the authority, without further stockholder approval, to provide for the issuance of up to 10,000,000 shares of our preferred stock in one or more series and to determine the dividend rights, conversion rights, voting rights, rights in terms of redemption, liquidation preferences, the number of shares constituting any such series and the designation of such series. Our board has the power to afford preferences, powers and rights (including voting rights) to the holders of any preferred stock preferences, such rights and preferences being senior to the rights of holders of common stock.

~~Pursuant~~There towere ~~our~~no ~~Articles~~common ~~of Incorporation, our board has the authority, without further stockholder approval, to provide for the issuance of up to 10,000,000~~ shares ofissued ~~our preferred stock in one~~ or ~~more series and to determine the dividend rights, conversion rights, voting rights, rights in terms of redemption, liquidation~~cancelled ~~preferences,~~during the ~~number~~years ofended ~~shares~~December ~~constituting any such series and the designation of such series. Our board has the power to afford preferences~~31, ~~powers~~ ~~and~~2020 ~~rights (including voting rights) to the holders of any preferred stock preferences, such rights~~ and ~~preferences being senior to the rights of holders of common stock~~2019.

There were no ~~common~~preferred shares issued orand outstanding ~~cancelled~~at ~~during~~December ~~the~~31, ~~years~~2020 ~~ended~~and 2019. There were 10,047,495 shares of common stock with a par value $0.001 issued and outstanding as of December 31, ~~2019~~2020 and ~~2018~~2019.

~~There~~Note ~~were~~K- noSubsequent ~~preferred shares issued and outstanding at December 31, 2019 and 2018. There were 10,047,495 shares of common stock with a par value $0.001 issued and outstanding as of December 31, 2019 and 2018.~~Events

~~Note~~In Kaccordance –with ~~Subsequent~~ASC ~~Events~~855-10, Company management reviewed all material events through the date of the issuance of these financial statements and determined that there are no additional material subsequent events to report, except as noted.

InDuring ~~accordance~~May ~~with ASC 855-10~~2021, the Company ~~management~~ ~~reviewed~~received ~~all~~a ~~material~~loan ~~events~~of ~~through~~$20,000 from ~~the~~a ~~date~~third ofparty for the ~~issuance~~funding of ~~these~~its ~~financial~~current ~~statements~~operating ~~and~~expenses. ~~determined~~The ~~that~~amount ~~there~~owing ~~are~~is ~~no additional~~unsecured, ~~material~~non-interest ~~subsequent events to report~~bearing, ~~except~~and asdue ~~noted~~on demand.

During May 2021, the Company received a loan of $20,000 from Mr. Irwin Eskanos, the principal shareholder of the Company, for the funding of its current operating expenses. The amount owing is unsecured, nonF-~~interest bearing, and due on demand.~~9

F-Item 9. Changes In and Disagreements with Accountants on Accounting and Financial Disclosure

~~Item~~No 9.events ~~Changes~~occurred Inrequiring disclosure under Item 307 and ~~Disagreements~~308 ~~with~~of ~~Accountants~~Regulation onS-K ~~Accounting~~during ~~and~~the ~~Financial~~fiscal ~~Disclosure~~year ending December 31, 2020.

~~No events occurred requiring disclosure under~~ Item ~~307~~9A. Controls and ~~308 of Regulation S-K during the fiscal year ending December 31, 2019.~~Procedures

~~Item~~As 9Arequired by Rule 13a-15 under the Securities Exchange Act of 1934, we have carried out an evaluation of the effectiveness of our disclosure controls and procedures as of the end of the fiscal year ended December 31, 2020. ~~Controls~~This evaluation was carried out under the supervision and ~~Procedures~~with the participation of our management, including our Chief Executive Officer and Chief Financial Officer.

AsDisclosure controls and procedures are controls and other procedures that are designed to ensure that information required byto ~~Rule~~be ~~13a-15~~disclosed in our reports filed or submitted under the Securities Exchange Act of 1934 is recorded, weprocessed, ~~have~~summarized ~~carried~~and ~~out~~reported, anwithin ~~evaluation~~the oftime periods specified in the ~~effectiveness~~Securities and ofExchange ~~our~~Commission’s ~~disclosure~~rules and forms. Disclosure controls and procedures asinclude ofcontrols ~~the~~and ~~end~~procedures ~~of the~~designed ~~fiscal~~to ~~year~~ensure that ~~ended~~information ~~December~~required ~~31,~~to ~~2019.~~be ~~This~~disclosed ~~evaluation~~in ~~was~~our ~~carried~~company’s ~~out~~reports filed under the ~~supervision~~Securities ~~and~~Exchange ~~with~~Act ~~the~~of ~~participation~~1934 ofis ~~our~~accumulated and communicated to management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure.

~~Disclosure~~Based ~~controls~~upon ~~and procedures are controls and other procedures~~ that ~~are~~evaluation, ~~designed to ensure that information required to be disclosed in~~ including our ~~reports~~Chief ~~filed~~Executive orOfficer ~~submitted~~and ~~under~~Chief ~~the Securities~~Financial ~~Exchange Act of 1934 is recorded~~Officer, ~~processed,~~we ~~summarized~~have ~~and~~concluded ~~reported,~~that ~~within~~our ~~the~~disclosure ~~time periods specified in the Securities and Exchange Commission’s rules and forms. Disclosure~~ controls and procedures ~~include~~were ~~controls and procedures designed to ensure that~~ineffective ~~information~~as ~~required~~of ~~to be disclosed in our company’s reports filed under~~ the ~~Securities~~end ~~Exchange Act~~ of ~~1934~~the isperiod ~~accumulated~~covered ~~and communicated~~by tothis ~~management,~~annual ~~including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure~~report.

~~Based~~Management’s ~~upon~~Report ~~that~~on ~~evaluation, including our Chief~~Internal ~~Executive~~Control ~~Officer~~over ~~and Chief~~ Financial ~~Officer,~~Reporting ~~we have concluded that our disclosure controls and procedures were ineffective as of the end of the period covered by this annual report.~~

Our management is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Rule 13a-15(f) under the Securities Exchange Act of 1934). Management’s ~~Report~~has assessed the effectiveness of our internal control over financial reporting as of December 31, 2020 based on criteria established in Internal Control-Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission. As a result of this assessment, management concluded that, as of December 31, 2020, our internal control over ~~Financial~~financial ~~Reporting~~reporting was not effective. Our management identified the following material weaknesses in our internal control over financial reporting, which are indicative of many small companies with small staff: (i) inadequate segregation of duties and effective risk assessment; and (ii) insufficient written policies and procedures for accounting and financial reporting with respect to the requirements and application of both US GAAP and SEC guidelines.

~~Our~~We ~~management~~plan isto ~~responsible~~take ~~for~~steps ~~establishing~~ to enhance and improve ~~maintaining~~the ~~adequate~~design of our internal control over financial reporting. ~~(as~~During ~~defined~~the inperiod ~~Rule~~covered ~~13a-15(f)~~by ~~under~~this ~~the~~annual ~~Securities~~report ~~Exchange~~on ~~Act~~Form of10-K, we ~~1934).~~have ~~Management~~not ~~has~~been ~~assessed~~able ~~the~~to ~~effectiveness~~remediate ofthe ~~our~~material ~~internal~~weaknesses ~~control~~identified ~~over~~above. ~~financial~~To ~~reporting~~remediate assuch ofweaknesses, ~~December~~we ~~31,~~hope ~~2019~~to ~~based~~implement onthe ~~criteria~~following ~~established~~changes in ~~Internal~~the ~~Control-Integrated~~future: ~~Framework~~ (~~2013~~i) ~~issued~~appoint byadditional ~~the~~qualified ~~Committee~~personnel ofto ~~Sponsoring~~address ~~Organizations~~inadequate segregation of ~~the~~duties ~~Treadway~~and ~~Commission. As~~ineffective arisk ~~result of this assessment,~~ management; and ~~concluded~~(ii) ~~that,~~adopt assufficient ofwritten ~~December~~policies ~~31,~~and ~~2019,~~procedures ~~our~~for ~~internal~~accounting ~~control~~and ~~over~~ financial reporting ~~was not effective~~. ~~Our~~The ~~management~~remediation ~~identified~~efforts ~~the~~set ~~following~~out ~~material weaknesses~~ in ~~our~~(i) and ~~internal~~(ii) ~~control over financial reporting, which~~ are ~~indicative~~ oflargely ~~many~~dependent ~~small~~upon ~~companies~~our ~~with~~securing ~~small~~additional ~~staff:~~financing ~~(i)~~to ~~inadequate~~cover ~~segregation~~the costs of ~~duties~~implementing ~~and~~the ~~effective~~changes ~~risk~~required. ~~assessment;~~If ~~and~~we ~~(ii) insufficient~~are ~~written~~unsuccessful ~~policies~~in ~~and~~securing ~~procedures~~such ~~for~~funds, ~~accounting~~remediation ~~and~~efforts ~~financial~~may ~~reporting~~be ~~with~~adversely ~~respect~~affected toin ~~the~~a ~~requirements~~material ~~and application of both US GAAP and SEC guidelines~~manner.

WeThis ~~plan~~annual toreport ~~take~~does ~~steps~~not toinclude an ~~enhance~~attestation ~~and~~report ~~improve the design~~ of our registered public accounting firm regarding internal control over financial reporting. ~~During the period covered by this annual~~ Management’s report onwas ~~Form 10-K, we have~~ not ~~been able~~subject to ~~remediate~~attestation ~~the~~by ~~material~~our ~~weaknesses~~registered ~~identified~~public ~~above.~~accounting Tofirm ~~remediate~~pursuant ~~such weaknesses, we hope~~ to ~~implement~~an ~~the~~exemption following changes in the future: (i) appoint additional qualified personnel to address inadequate segregation of duties and ineffective risk management; and (ii) adopt sufficient written policies and procedures for ~~accounting~~non-accelerated ~~and~~filers ~~financial reporting. The remediation efforts~~ set forth ~~out~~ in ~~(i)~~Section ~~and (ii)~~989G ~~are largely dependent upon our securing additional financing to cover the costs~~ of ~~implementing~~ the ~~changes~~Dodd-Frank ~~required.~~Wall IfStreet weReform ~~are~~and ~~unsuccessful in~~Consumer ~~securing~~Protection ~~such funds, remediation efforts may be adversely affected in a material manner~~Act.

This annual report does not include an attestation report of our registered public accounting firm regarding internal control over financial reporting. Management’s report was not subject to attestation by our registered public accounting firm pursuant to an exemption for non-accelerated filers set forth in Section 989G of the Dodd-Frank Wall Street Reform and Consumer Protection Act.6

~~Item~~Changes ~~9B.~~in ~~Other~~Internal ~~Information~~Control Over Financial Reporting

~~None~~There were no changes in our internal control over financial reporting that occurred during the year ended December 31, 2020, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

6Inherent Limitations on Effectiveness of Controls

~~PART~~Our ~~III~~management, including our Chief Executive Officer and Chief Financial Officer does not expect that our disclosure controls and procedures or our internal control over financial reporting will prevent all errors and all fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of a simple error or mistake. Additionally, controls can be circumvented by individual acts, by collusion of two or more people or by management override of the controls. The design of any system of controls also is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions; over time, controls may become inadequate because of changes in conditions, or the degree of compliance with policies or procedures may deteriorate. Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and not be detected.

~~Item 10. Directors, Executive Officers and Corporate Governance~~7

~~The~~Item ~~following~~9B. ~~information~~Other ~~sets forth the names, ages, and positions of our current directors and executive officers as of August 26, 2021.~~Information

Name		Age		Present Positions
Irwin Eskanos		80		President, Chief Executive Officer, Chief Financial Officer, and sole Director

None

~~Set~~Item ~~forth~~9C. ~~below~~Disclosure isRegarding aForeign ~~brief~~Jurisdictions ~~description~~that ofPrevent ~~the background and business experience of each of our current executive officers and directors.~~Inspections

~~Irwin~~Not ~~Eskanos is our President, Secretary, Treasurer, Chief Executive Officer, Chief Financial Officer, and sole Director~~applicable. Mr. Eskanos has been a licensed attorney in California for over fifty years. He recently retired from the firm of Eskanos & Adler, which he founded in 1969. Mr. Eskanos’ practice focused on commercial law and collections, representing major Fortune 500 companies and other businesses engaged in extensions of credit. He has been actively involved in the Commercial Law League of America, The National Association of Bankruptcy Trustees, the founding and development of the National Association of Retail Collection Attorneys (NARCA) and state and local Bar Associations including the Alameda County Bar, the San Francisco County Bar Association, the Contra Costa Bar Association and the California Creditor’s Bar Association (which Mr. Eskanos was an active participant in the founding in 2005). In addition, Mr. Eskanos has authored practice books for lawyers for the University of California’s Continuing Education of the Bar.

AsPART part of his service in the legal industry, Mr. Eskanos also served as a judge pro tem in the Oakland Piedmont Municipal Court, arbitrated actions as an Arbitrar appointed by the American Arbitration Association, and served for many years as an Arbitrar before the bar association being a member of the panel adjudicating disputes between clients and their attorneys. Mr. Eskanos continues to maintain a presence in the collections industry by maintaining his active participation in Alliance Credit Services, a national debt buyer. He is an active member of the Debt Buyers Association, which is the industry group of companies involved in purchasing “delinquent debt.” Following his recent retirement from the law firm of Eskanos & Adler, Mr. Eskanos has been engaged in providing pro bono work for those needing legal representation but without the financial ability to pay for the same. Mr. Eskanos is a graduate of the University of San Francisco School of Law.III

~~Term~~Item of10. ~~Office~~Directors, Executive Officers and Corporate Governance

~~Our~~The ~~Directors~~following ~~are~~information ~~appointed~~sets ~~for~~forth ~~a one year term to hold office until~~ the ~~next~~names, ~~annual~~ages, ~~general~~and ~~meeting~~positions of ~~our shareholders or until removed from office in accordance with our bylaws. Our~~ ~~officers are appointed by~~ our ~~board~~current of directors and ~~hold~~executive ~~office~~officers ~~until~~as ~~removed~~of bySeptember ~~the~~24, ~~board~~2021.

Family Relationships

Name		Age				Present Positions
Irwin Eskanos			80			President, Chief Executive Officer, Chief Financial Officer, and sole Director

~~There~~Set ~~are~~forth nobelow ~~family~~is ~~relationships~~a ~~between~~brief ~~or among~~description of the ~~directors,~~background ~~executive~~and ~~officers~~business orexperience ~~persons~~of ~~nominated~~each orof ~~chosen~~our bycurrent ~~the~~executive ~~Company~~officers toand ~~become~~ directors ~~or executive officers~~.

~~Involvement~~Irwin Eskanos is our President, Secretary, Treasurer, Chief Executive Officer, Chief Financial Officer, and sole Director. Mr. Eskanos has been a licensed attorney in ~~Certain~~California for ~~Legal~~over ~~Proceedings~~fifty years. He recently retired from the firm of Eskanos & Adler, which he founded in 1969. Mr. Eskanos’ practice focused on commercial law and collections, representing major Fortune 500 companies and other businesses engaged in extensions of credit. He has been actively involved in the Commercial Law League of America, The National Association of Bankruptcy Trustees, the founding and development of the National Association of Retail Collection Attorneys (NARCA) and state and local Bar Associations including the Alameda County Bar, the San Francisco County Bar Association, the Contra Costa Bar Association and the California Creditor’s Bar Association (which Mr. Eskanos was an active participant in the founding in 2005). In addition, Mr. Eskanos has authored practice books for lawyers for the University of California’s Continuing Education of the Bar.

ToAs ~~the~~part ~~best~~ of ~~our~~his ~~knowledge,~~service ~~during~~in the ~~past ten~~legal ~~years~~industry, ~~none~~Mr. Eskanos ofalso ~~the~~served ~~following~~as ~~occurred~~a ~~with~~judge ~~respect~~pro totem ain ~~present~~the orOakland ~~former~~Piedmont ~~director,~~Municipal ~~executive officer~~Court, orarbitrated ~~employee:~~actions ~~(1)~~as ~~any~~an ~~bankruptcy petition~~Arbitrar ~~filed~~appointed by orthe ~~against~~American Arbitration ~~any~~Association, ~~business~~and ofserved ~~which~~for ~~such~~many ~~person~~years ~~was~~as aan ~~general~~Arbitrar ~~partner~~before orthe ~~executive~~bar ~~officer~~association ~~either~~being ata ~~the~~member ~~time~~ of the ~~bankruptcy~~panel adjudicating ordisputes ~~within~~between ~~two~~clients ~~years~~and ~~prior~~their toattorneys. Mr. ~~that~~Eskanos ~~time;~~continues ~~(2)~~to ~~any~~maintain ~~conviction in~~ a ~~criminal~~presence ~~proceeding~~in orthe ~~being~~collections ~~subject~~industry toby ~~a pending criminal proceeding~~maintaining ~~(excluding~~his ~~traffic~~active ~~violations~~participation ~~and~~in ~~other~~Alliance ~~minor~~Credit ~~offenses);~~Services, ~~(3)~~a ~~being~~national ~~subject~~debt tobuyer. He ~~any~~is ~~order,~~an ~~judgment~~active ormember ~~decree,~~of ~~not~~the ~~subsequently~~Debt ~~reversed~~Buyers Association, ~~suspended~~which ~~vacated,~~is ofthe ~~any~~industry ~~court~~group of ~~competent~~companies ~~jurisdiction,~~involved ~~permanently~~in orpurchasing ~~temporarily~~“delinquent ~~enjoining,~~debt.” Following ~~barring,~~his ~~suspending~~recent orretirement ~~otherwise limiting~~from ~~his~~the orlaw ~~her~~firm ~~involvement~~of inEskanos ~~any~~& ~~type~~Adler, ofMr. ~~business,~~Eskanos ~~securities~~has orbeen ~~banking~~engaged ~~activities;~~in ~~and~~providing ~~(4)~~pro ~~being~~bono ~~found~~work byfor athose ~~court~~needing oflegal ~~competent~~representation ~~jurisdiction~~but ~~(in~~without athe ~~civil~~financial ~~action),~~ability ~~the~~to ~~SEC~~pay orfor the ~~Commodities~~same. Mr. ~~Futures~~Eskanos ~~Trading~~is ~~Commission to have violated~~ a ~~federal~~graduate orof ~~state securities or commodities law, and~~ the ~~judgment~~University ~~has~~of ~~not~~San ~~been~~Francisco ~~reversed,~~School ~~suspended~~of ~~or vacated~~Law.

~~Committees~~Term of ~~the~~Office ~~Board~~

WeOur doDirectors ~~not~~are ~~currently~~appointed ~~have~~for a one ~~compensation~~year ~~committee, executive~~term ~~committee,~~to hold office until the next annual general meeting of our shareholders or ~~stock~~until ~~plan~~removed ~~committee~~from office in accordance with our bylaws. Our officers are appointed by our board of directors and hold office until removed by the board.

7Family Relationships

~~Audit~~There ~~Committee~~are no family relationships between or among the directors, executive officers or persons nominated or chosen by the Company to become directors or executive officers.

We do not have a separately-designated standing audit committee. The entire Board of Directors performs the functions of an audit committee, but no written charter governs the actions of the Board when performing the functions of what would generally be performed by an audit committee. The Board approves the selection of our independent accountants and meets and interacts with the independent accountants to discuss issues related to financial reporting. In addition, the Board reviews the scope and results of the audit with the independent accountants, reviews with management and the independent accountants our annual operating results, considers the adequacy of our internal accounting procedures and considers other auditing and accounting matters including fees to be paid to the independent auditor and the performance of the independent auditor. Our Board of Directors, which performs the functions of an audit committee, does not have a member who would qualify as an “audit committee financial expert” within the definition of Item 407(d)(5)(ii) of Regulation S-K. We believe that, at our current size and stage of development, the addition of a special audit committee financial expert to the Board is not necessary.8

~~Nomination~~Involvement ~~Committee~~in Certain Legal Proceedings

~~Our~~To ~~Board~~the best of ~~Directors~~our ~~does~~knowledge, ~~not~~during the ~~maintain~~past ten years, none of the following occurred with respect to a ~~nominating~~present or former director, executive officer, or employee: (1) any ~~committee.~~bankruptcy Aspetition filed by or against any business of which such person was a ~~result,~~general nopartner ~~written~~or ~~charter~~executive ~~governs~~officer either at the ~~director~~time of ~~nomination~~the ~~process.~~bankruptcy ~~Our~~or ~~size~~within two years prior to that time; (2) any conviction in a criminal proceeding or being subject to a pending criminal proceeding (excluding traffic violations and ~~the~~other ~~size~~minor offenses); (3) being subject to any order, judgment or decree, not subsequently reversed, suspended vacated, of ~~our~~any ~~Board~~court of competent jurisdiction, atpermanently ~~this~~or ~~time~~temporarily enjoining, barring, suspending or otherwise dolimiting ~~not~~his ~~require~~or her involvement in any type of business, securities or banking activities; and (4) being found by a ~~separate~~court ~~nominating~~of ~~committee~~competent jurisdiction (in a civil action), the SEC or the Commodities Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended or vacated.

~~When~~Committees ~~evaluating~~of ~~director nominees, our directors consider~~ the ~~following~~Board ~~factors:~~

-We ~~The~~do ~~appropriate~~not ~~size~~currently ofhave ~~our~~a ~~Board~~compensation ~~of Directors; - Our needs with respect to the particular talents and experience of our directors; - The knowledge~~committee, executive ~~skills and experience of nominees~~committee, ~~including experience in finance, administration~~ or ~~public~~stock ~~service,~~plan in light of prevailing business conditions and the knowledge, skills and experience already possessed by other members of the Board; - Experience in political affairs; - Experience with accounting rules and practices; and - The desire to balance the benefit of continuity with the periodic injection of the fresh perspective provided by new Board memberscommittee.

~~Our~~Audit ~~goal~~Committee is to assemble a Board that brings together a variety of perspectives and skills derived from high quality business and professional experience. In doing so, the Board will also consider candidates with appropriate non-business backgrounds.

~~Other~~We ~~than~~do ~~the~~not ~~foregoing,~~have ~~there~~a ~~are no stated~~separately-designated ~~minimum~~standing ~~criteria~~audit ~~for~~committee. ~~director~~The ~~nominees,~~entire ~~although the~~ Board ~~may~~of ~~also~~Directors ~~consider~~performs ~~such~~the ~~other~~functions ~~factors~~of asan itaudit ~~may~~committee, ~~deem~~but ~~are~~no inwritten ~~our~~charter ~~best~~governs ~~interests~~the asactions ~~well~~of ~~as our stockholders. In addition,~~ the Board ~~identifies~~when ~~nominees~~performing bythe ~~first~~functions ~~evaluating~~of ~~the~~what ~~current~~would ~~members~~generally ofbe ~~the~~performed ~~Board~~by ~~willing~~an ~~to continue~~audit ~~in service~~committee. ~~Current~~The ~~members~~Board ofapproves the selection ~~Board~~of ~~with~~our ~~skills~~independent accountants and ~~experience~~meets ~~that~~and ~~are~~interacts ~~relevant~~with tothe ~~our~~independent ~~business~~accountants ~~and~~to ~~who~~discuss ~~are~~issues ~~willing~~related to financial ~~continue~~reporting. inIn ~~service~~addition, ~~are~~the ~~considered~~Board ~~for~~reviews ~~re-nomination.~~the Ifscope ~~any~~and ~~member~~results of the ~~Board~~audit ~~does~~with ~~not~~the ~~wish~~independent toaccountants, ~~continue~~reviews inwith ~~service~~management and ~~or if~~ the ~~Board decides~~independent ~~not~~accountants toour ~~re-nominate~~annual aoperating ~~member for re-election~~results, considers the ~~Board~~adequacy ~~then~~of ~~identifies~~our ~~the~~internal ~~desired~~accounting ~~skills~~procedures and ~~experience~~considers other ofauditing aand ~~new~~accounting ~~nominee~~matters inincluding ~~light of~~fees ~~the~~to ~~criteria~~be ~~above.~~paid ~~Current~~to ~~members of~~ the ~~Board~~independent ~~are~~auditor ~~polled~~and ~~for~~the ~~suggestions~~performance asof ~~to individuals meeting~~ the ~~criteria~~independent ~~described above~~auditor. ~~The~~Our Board ~~may~~of ~~also~~Directors, ~~engage~~which inperforms ~~research~~the tofunctions ~~identify~~of ~~qualified~~an ~~individuals.~~audit ~~To date~~committee, wedoes not have ~~not~~a ~~engaged~~member ~~third~~who ~~parties~~would toqualify ~~identify~~as oran ~~evaluate~~“audit orcommittee ~~assist~~financial inexpert” ~~identifying~~within ~~potential nominees, although we reserve~~ the ~~right~~definition inof ~~the~~Item ~~future~~407(d)(5)(ii) toof ~~retain~~Regulation aS-K. ~~third~~We ~~party~~believe ~~search firm~~that, ifat ~~necessary. The~~our ~~Board~~current ~~does~~size and ~~not~~stage ~~typically~~of ~~consider~~development, ~~shareholder~~the ~~nominees~~addition ~~because~~of ita ~~believes~~special ~~that~~audit ~~its~~committee ~~current~~financial ~~nomination~~expert ~~process is sufficient~~ to ~~identify directors~~the ~~who~~Board ~~serve~~is ~~our~~not ~~best interests~~necessary.

~~Code~~Nomination ofCommittee ~~Ethics~~

AsOur Board of ~~December~~Directors ~~31,~~does ~~2019,~~not wemaintain a ~~had~~nominating ~~not~~committee. ~~adopted~~As a ~~Code~~ ofresult, ~~Ethics~~no ~~for~~written ~~Financial~~charter ~~Executives,~~governs ~~which~~the ~~would~~director ~~include~~nomination ~~our~~process. ~~principal~~Our ~~executive~~size ~~officer,~~and ~~principal~~the ~~financial~~size ~~officer,~~of ~~principal~~our ~~accounting~~Board, at ~~officer~~this ~~or controller~~time, ordo ~~persons~~not ~~performing~~require ~~similar~~a ~~functions~~separate nominating committee.

8When evaluating director nominees, our directors consider the following factors:

~~Item~~-The ~~11.~~appropriate ~~Executive~~size ~~Compensation~~of our Board of Directors;

~~Compensation~~-Our ~~Discussion~~needs with respect to the particular talents and ~~Analysis~~experience of our directors;

~~Currently~~-The knowledge, ~~our~~skills ~~sole~~and ~~executive~~experience of ~~officer~~nominees, ~~Irwin~~including ~~Eskanos, does~~experience ~~not~~in ~~receive~~finance, ~~compensation~~administration ~~for his service.~~or

~~Summary~~public ~~Compensation~~service, ~~Table~~in light of prevailing business conditions and the knowledge, skills and experience already possessed by other members of the Board;

~~The~~-Experience ~~table~~in ~~below~~political ~~summarizes all compensation awarded to, earned by, or paid to our former or current executive officers for the fiscal years ended December 31, 2019 and December 31, 3018.~~affairs;

~~SUMMARY~~-Experience ~~COMPENSATION~~with ~~TABLE~~accounting rules and practices; and

Name and principal position	Year		Salary ($)		Bonus ($)		Stock Awards ($)		Option Awards ($)		Non-Equity Incentive Plan Compensation ($)		Nonqualified Deferred Compensation Earnings ($)		All Other Compensation ($)		Total ($)
Irwin Eskanos,		2019		-0-		-0-		-0-		-0-		-0-		-0-		-0-		-0-
CEO, CFO, and Director		2018		-0-		-0-		-0-		-0-		-0-		-0-		-0-		-0-

-The desire to balance the benefit of continuity with the periodic injection of the fresh perspective provided

~~Narrative~~by ~~Disclosure~~new toBoard ~~the Summary Compensation Table~~members.

Our ~~executive~~goal ~~officers~~is ~~did~~to ~~not~~assemble ~~receive~~a ~~any~~Board ~~compensation~~that brings intogether ~~2019~~a variety of perspectives and skills derived from high quality business and professional experience. In doing so, the Board will also consider candidates with appropriate non-business backgrounds.

~~Stock Option Grants~~ 9

WeOther ~~have~~than ~~not~~the ~~granted~~foregoing, there are no stated minimum criteria for director nominees, although the Board may also consider such other factors as it may deem are in our best interests as well as our stockholders. In addition, the Board identifies nominees by first evaluating the current members of the Board willing to continue in service. Current members of the Board with skills and experience that are relevant to our business and who are willing to continue in service are considered for re-nomination. If any ~~stock~~member ~~options~~of the Board does not wish to continue in service or if the ~~executive~~Board decides not to re-nominate a member for re-election, the Board then identifies the desired skills and experience of a new nominee ~~officers~~in light of the criteria above. Current members of the Board are polled for suggestions as to individuals meeting the criteria described above. The Board may also engage in research to identify qualified individuals. To date, we have not engaged third parties to identify or evaluate or assist in identifying potential nominees, although we reserve the right in the future to retain a third party search firm, if necessary. The Board does not typically consider shareholder nominees because it believes that its current nomination process is sufficient to identify directors ~~since~~who serve our ~~inception~~best interests.

~~Outstanding~~Code ~~Equity~~of ~~Awards~~Ethics ~~at Fiscal Year-End~~

~~The~~As ~~table~~of ~~below~~December ~~summarizes~~31, ~~all~~2020, ~~unexercised~~we ~~options,~~had not adopted ~~stock~~a ~~that~~Code ~~has~~of ~~not~~Ethics ~~vested~~for Financial Executives, ~~and~~which ~~equity~~would ~~incentive~~include ~~plan~~our ~~awards~~principal ~~for~~executive ~~each~~officer, ~~named~~principal ~~executive~~financial officer, asprincipal accounting ofofficer ~~December~~or 31controller, ~~2019~~or persons performing similar functions.

~~OUTSTANDING~~Item ~~EQUITY~~11. ~~AWARDS~~Executive ~~AT FISCAL YEAR-END~~Compensation

~~OPTION~~Compensation ~~AWARDS~~Discussion STOCK AWARDS Name Number of Securities Underlying Unexercised Options (#) Exercisable Number of Securities Underlying Unexercised Options (#) Unexercisable Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (#) Option Exercise Price ($) Option Expiration Date Number Of Shares or Shares of Stock That Have Not Vested (#) Market Value of Shares or Shares of Stock That Have Not Vested ($) Equity Incentive Plan Awards: Number of Unearned Shares, Shares or Other Rights That Have Not Vested (#) Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Shares or Other Rights That Have Not Vested (#) Irwin Eskanos, — — — — — — — — — CEO, CFO, and ~~Director~~Analysis

9Currently, our sole executive officer, Irwin Eskanos, does not receive compensation for his service.

~~Director~~Summary Compensation Table

The table below summarizes all compensation ofawarded to, ~~our~~earned ~~directors~~by, ~~for~~or paid to our ~~last~~ ~~completed~~former or current executive officers for the fiscal ~~year~~years ended December 31, 2020 and December 31, 2019.

~~DIRECTOR~~SUMMARY COMPENSATION TABLE

Name Fees Earned or Paid in Cash ($) Stock Awards ($) Option Awards ($) Non-Equity Incentive Plan Compensation ($) Non-Qualified Deferred Compensation Earnings ($) All Other Compensation ($) Total ($) Irwin Eskanos — — — — — — —

Name and principal position	Year		Salary ($)		Bonus ($)		Stock Awards ($)		Option Awards ($)		Non-Equity Incentive Plan Compensation ($)		Nonqualified Deferred Compensation Earnings ($)		All Other Compensation ($)		Total ($)
Irwin Eskanos,		2020		-0-		-0-		-0-		-0-		-0-		-0-		-0-	$	0
CEO, CFO, and Director		2019		-0-		-0-		-0-		-0-		-0-		-0-		-0-		-0-

Narrative Disclosure to the ~~Director~~ Summary Compensation Table

WeOur executive officers did not ~~provide~~receive any compensation toin ~~directors~~2020 ~~for~~or ~~their service as directors during our last fiscal year~~2019.

~~Employment Agreements with Current Management~~ 10

WeStock doOption ~~not~~Grants ~~currently have an employment agreement with our sole officer and director.~~

~~Item~~We ~~12.~~have ~~Security~~not ~~Ownership~~granted ofany ~~Certain~~stock ~~Beneficial~~options ~~Owners~~to the ~~and~~executive ~~Management~~officers ~~and~~or ~~Related~~directors ~~Stockholder~~since ~~Matters~~our inception.

~~The~~Outstanding ~~following~~Equity ~~table~~Awards ~~sets~~at ~~forth,~~Fiscal ~~as of August 26,~~Year-End 2021, the beneficial ownership of our common stock by each executive officer and director, by each person known by us to beneficially own more than 5% of the our common stock and by the executive officers and directors as a group. Except as otherwise indicated, all shares are owned directly and the percentage shown is based on a total of 10,047,495 shares of common stock issued and outstanding.

Title of class	Name and address of beneficial owner	Amount of beneficial ownership	Percent of class
Common	Irwin Eskanos 4 Orinda Way, Suite 180-C Orinda, CA 94563	9,947,490	99.00	%
Common	Total all executive officers and directors	9,947,490	99.00	%
Common	Other 5% Shareholders
Common	None.

The table below summarizes all unexercised options, stock that has not vested, and equity incentive plan awards for each named executive officer as of December 31, 2020.

AsOUTSTANDING ~~used~~EQUITY inAWARDS ~~this~~AT ~~table,~~FISCAL ~~"beneficial~~YEAR-END ~~ownership" means~~OPTION ~~the~~AWARDS ~~sole~~STOCK orAWARDS ~~shared~~Name ~~power~~Number toof ~~vote,~~Securities orUnderlying toUnexercised ~~direct~~Options ~~the~~(#) ~~voting~~Exercisable Number of, aSecurities ~~security,~~Underlying orUnexercised ~~the~~Options ~~sole~~(#) orUnexercisable ~~shared~~Equity ~~investment~~Incentive ~~power~~Plan ~~with~~Awards: ~~respect~~Number ~~to a~~of ~~security~~Securities Underlying Unexercised Unearned Options (~~i.e.,~~#) ~~the~~Option ~~power~~Exercise toPrice ~~dispose~~($) ~~of,~~Option Expiration Date Number Of Shares or toShares ~~direct~~of ~~the~~Stock ~~disposition~~That Have Not Vested (#) Market Value of, aShares ~~security~~or Shares of Stock That Have Not Vested ($). InEquity ~~addition,~~Incentive ~~for~~Plan ~~purposes~~Awards: Number of ~~this~~Unearned ~~table~~Shares, aShares ~~person is~~or ~~deemed,~~Other asRights That Have Not Vested (#) Equity Incentive Plan Awards: Market or Payout Value of ~~any~~Unearned ~~date~~Shares, toShares ~~have~~or ~~"beneficial~~Other ~~ownership"~~Rights ofThat ~~any~~Have ~~security~~Not ~~that~~Vested ~~such~~(#) ~~person~~Irwin ~~has~~Eskanos, ~~the~~CEO, ~~right~~CFO, toand ~~acquire~~Director ~~within~~— ~~60 days~~— ~~after~~— ~~such~~— ~~date.~~— - — — —

~~The~~Director ~~persons~~Compensation named above have full voting and investment power with respect to the shares indicated. Under the rules of the Securities and Exchange Commission, a person (or group of persons) is deemed to be a "beneficial owner" of a security if he or she, directly or indirectly, has or shares the power to vote or to direct the voting of such security, or the power to dispose of or to direct the disposition of such security. Accordingly, more than one person may be deemed to be a beneficial owner of the same security. A person is also deemed to be a beneficial owner of any security, which that person has the right to acquire within 60 days, such as options or warrants to purchase our common stock.

10The table below summarizes all compensation of our directors for our last completed fiscal year.

~~Item~~DIRECTOR ~~13.~~COMPENSATION ~~Certain~~Name ~~Relationships~~Fees ~~and~~Earned ~~Related~~or ~~Transactions,~~Paid ~~and~~in ~~Director~~Cash ~~Independence~~($) Stock Awards ($) Option Awards ($) Non-Equity Incentive Plan Compensation ($) Non-Qualified Deferred Compensation Earnings ($) All Other Compensation ($) Total ($) Irwin Eskanos — — — — — — —

~~Except~~Narrative asDisclosure set forth below, none of our directors or executive officers, nor any proposed nominee for election as a director, nor any person who beneficially owns, directly or indirectly, shares carrying more than 5% of the voting rights attached to ~~all of our outstanding shares, nor any members of~~ the ~~immediate~~Director ~~family~~Compensation ~~(including~~Table spouse, parents, children, siblings, and in-laws) of any of the foregoing persons has any material interest, direct or indirect, in any transaction since our incorporation or in any presently proposed transaction which, in either case, has or will materially affect us:

1.We Ondid ~~June~~not ~~26,~~provide ~~2017,~~compensation ~~our former controlling shareholder, Coqui Radio Pharmaceuticals, Corp. (“Coqui”), sold 9,947,490 shares of common stock~~ to ~~Irwin~~directors ~~Eskanos~~ for atheir service ~~purchase~~as ~~price of $250,000. Concurrently with this sale of controlling interest, our board of~~ directors ~~appointed~~during ~~Mr. Eskanos as~~ our ~~new~~last ~~sole~~fiscal ~~Director, President, Secretary, Treasurer, CEO, and CFO, and accepted the resignation of Carmen I~~year. ~~Bigles. Also concurrently with the sale of controlling interest, Coqui agreed pay in full, and indemnify us for, our outstanding liabilities as of the date of the sale.~~

~~Director~~Employment ~~Independence~~Agreements with Current Management

We ~~are~~do not acurrently ~~“listed~~have ~~issuer”~~an ~~within the~~employment ~~meaning~~agreement ofwith our ~~Item~~sole ~~407~~officer ~~of Regulation S-K~~ and ~~there are no applicable listing standards for determining the independence of our directors~~director. ~~Applying the definition of independence set forth in Rule 4200(a)(15) of The Nasdaq Stock Market, Inc., we do not believe that we currently have any independent directors.~~

~~Item 14. Principal Accountant Fees and Services~~11

~~The~~Item ~~following~~12. ~~table~~Security ~~presents~~Ownership ~~the aggregate fees billed for each~~ of ~~the~~Certain ~~last~~Beneficial ~~two~~Owners ~~fiscal~~and ~~years~~Management by the Company’s independent registered public accounting firm, Heaton & Company, PLLC (dba Pinnacle Accountancy Group of Utah), in connection with the audit of the Company’s consolidated financial statements and ~~other~~ ~~professional~~Related ~~services~~Stockholder ~~rendered.~~Matters

Year Ended:

Audit Services

Audit Related Fees

Tax Fees

Other Fees

December 31, 2019

400

n/a

December 31, 2018

11,800

n/a

The following table sets forth, as of September 24, 2021, the beneficial ownership of our common stock by each executive officer and director, by each person known by us to beneficially own more than 5% of the our common stock and by the executive officers and directors as a group. Except as otherwise indicated, all shares are owned directly and the percentage shown is based on a total of 10,047,495 shares of common stock issued and outstanding.

Audit fees represent the professional services rendered for the audit of the Company’s annual consolidated financial statements and the review of the Company’s consolidated financial statements included in quarterly reports, along with services normally provided by the accounting firm in connection with statutory and regulatory filings or other engagements. Audit-related fees represent professional services rendered for assurance and related services by the accounting firm that are reasonably related to the performance of the audit or review of the Company’s consolidated financial statements that are not reported under audit fees.

Title of class	Name and address of beneficial owner	Amount of beneficial ownership	Percent of class
Common	Irwin Eskanos 4 Orinda Way, Suite 180-C Orinda, CA 94563	9,947,490	99.00	%
Common	Total all executive officers and directors	9,947,490	99.00	%

Common	Other 5% Shareholders
Common	None.

~~Tax~~As ~~fees~~used ~~represent~~in ~~professional~~this ~~services~~table, ~~rendered~~"beneficial ownership" bymeans the ~~accounting~~sole ~~firm~~or ~~for~~shared ~~tax~~power ~~compliance~~to vote, ~~tax~~or ~~advice,~~to ~~and~~direct ~~tax~~the ~~planning.~~voting ~~All~~of, ~~other~~a ~~fees~~security, ~~represent~~or ~~fees~~the ~~billed~~sole ~~for~~or ~~products~~shared ~~and~~investment ~~services~~power with respect to ~~provided~~a bysecurity (i.e., the ~~accounting~~power ~~firm~~to dispose of, ~~other~~or ~~than~~to direct the ~~services~~disposition ~~reported~~of, a security). In addition, for purposes of this table, a person is deemed, as of any date, to have "beneficial ownership" of any security that such person has the ~~other~~right ~~categories~~to acquire within 60 days after such date.

11The persons named above have full voting and investment power with respect to the shares indicated. Under the rules of the Securities and Exchange Commission, a person (or group of persons) is deemed to be a "beneficial owner" of a security if he or she, directly or indirectly, has or shares the power to vote or to direct the voting of such security, or the power to dispose of or to direct the disposition of such security. Accordingly, more than one person may be deemed to be a beneficial owner of the same security. A person is also deemed to be a beneficial owner of any security, which that person has the right to acquire within 60 days, such as options or warrants to purchase our common stock.

~~Item~~Except ~~15.~~as ~~Exhibits~~set forth below, ~~Financial~~none ~~Statement~~of our ~~Schedules~~directors or executive officers, nor any proposed nominee for election as a director, nor any person who beneficially owns, directly or indirectly, shares carrying more than 5% of the voting rights attached to all of our outstanding shares, nor any members of the immediate family (including spouse, parents, children, siblings, and in-laws) of any of the foregoing persons has any material interest, direct or indirect, in any transaction since our incorporation or in any presently proposed transaction which, in either case, has or will materially affect us:

~~(a)~~As of ~~Financial~~December ~~Statements~~31, 2020 and ~~Schedules~~2019, the Company owes $81,615 and $81,615, respectively, to Mr. Irwin Eskanos, the principal shareholder of the Company, for the funding of its current operating expenses. No loans or repayments were made during the years ended December 31, 2020 and 2019. The amount owing is unsecured, non-interest bearing, and due on demand.

~~The~~Director ~~following financial statements and schedules listed below are included in this Form 10-K.~~Independence

~~Financial~~We ~~Statements~~are ~~(See~~not a “listed issuer” within the meaning of Item 8407 of Regulation S-K and there are no applicable listing standards for determining the independence of our directors. Applying the definition of independence set forth in Rule 4200(a)(15) of The Nasdaq Stock Market, Inc., we do not believe that we currently have any independent directors.

~~(b) Exhibits~~12

Exhibit Number	Description
3.1	Articles of Incorporation (1)
3.2	Bylaws(1)
31.1*	Certification of Chief Executive Officer pursuant to Securities Exchange Act Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2*	Certification of Chief Financial Officer pursuant to Securities Exchange Act Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1*	Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101**	The following materials from the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 formatted in Extensible Business Reporting Language (XBRL).
	101.INS	XBRL Instance Document
	101.PRE	XBRL Taxonomy Extension Presentation Linkbase
	101.LAB	XBRL Taxonomy Extension Label Linkbase
	101.DEF	XBRL Taxonomy Extension Definition Linkbase
	101.CAL	XBRL Taxonomy Extension Calculation Linkbase
	101.SCH	XBRL Taxonomy Extension Schema

Item 14. Principal Accountant Fees and Services

~~———————~~The following table presents the aggregate fees billed for each of the last two fiscal years by the Company’s independent registered public accounting firm, Heaton & Company, PLLC (dba Pinnacle Accountancy Group of Utah), in connection with the audit of the Company’s consolidated financial statements and other professional services rendered.

(1)

Incorporated by reference to the Registration Statement on Form 10 filed with the Securities and Exchange Commission on October 8, 2009.

Year Ended:

Audit Services

Audit Related Fees

Tax Fees

Other Fees

Filed herewith

December 31, 2020

8,500

n/a

Pursuant to Rule 406T of Regulation S-T, these interactive data files are deemed “furnished” and not “filed” or part of a registration statement or prospectus for purposes of Sections 11 and 12 of the Securities Act of 1933, or deemed “furnished” and not “filed” for purposes of Section 18 of the Securities and Exchange Act of 1934, and otherwise is not subject to liability under these sections.

December 31, 2019

8,500

n/a

~~Item~~Audit ~~16.~~fees ~~Form~~represent 10the professional services rendered for the audit of the Company’s annual consolidated financial statements and the review of the Company’s consolidated financial statements included in quarterly reports, along with services normally provided by the accounting firm in connection with statutory and regulatory filings or other engagements. Audit-Krelated ~~Summary~~fees represent professional services rendered for assurance and related services by the accounting firm that are reasonably related to the performance of the audit or review of the Company’s consolidated financial statements that are not reported under audit fees.

~~None~~Tax fees represent professional services rendered by the accounting firm for tax compliance, tax advice, and tax planning. All other fees represent fees billed for products and services provided by the accounting firm, other than the services reported for the other categories.

12PART IV

~~SIGNATURES~~Item 15. Exhibits, Financial Statements Schedules

~~Pursuant to the requirements of Section 13 or 15~~(da) ofFinancial ~~the~~Statements ~~Securities~~and ~~Exchange~~Schedules ~~Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.~~

	SMSA Crane Acquisition Corp.
	By:	/s/ Irwin Eskanos
		Irwin Eskanos
		President, Chief Executive Officer, Chief Financial Officer, and Director (Principal Executive Officer and Principal Financial Officer and Principal Accounting Officer)
		September 10, 2021

The following financial statements and schedules listed below are included in this Form 10-K.

~~Pursuant~~Financial toStatements ~~the~~(See ~~requirements~~Item ~~of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.~~8)

	By:	/s/ Irwin Eskanos
		Irwin Eskanos
		President, Chief Executive Officer, Chief Financial Officer, and Director (Principal Executive Officer and Principal Financial Officer and Principal Accounting Officer)
		September 10, 2021

(b)

Exhibits

Exhibit Number		Description
	3.1		Articles of Incorporation ⁽¹⁾
	3.2		Bylaws⁽¹⁾
	31.1*		Certification of Chief Executive Officer pursuant to Securities Exchange Act Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
	31.2*		Certification of Chief Financial Officer pursuant to Securities Exchange Act Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
	32.1*		Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
	101**		The following materials from the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 formatted in Extensible Business Reporting Language (XBRL).
			101.INS XBRL Instance Document
			101.PRE XBRL Taxonomy Extension Presentation Linkbase
			101.LAB XBRL Taxonomy Extension Label Linkbase
			101.DEF XBRL Taxonomy Extension Definition Linkbase
			101.CAL XBRL Taxonomy Extension Calculation Linkbase
			101.SCH XBRL Taxonomy Extension Schema

⁽¹⁾	Incorporated by reference to the Registration Statement on Form 10 filed with the Securities and Exchange Commission on October 8, 2009.
*	Filed herewith

**Pursuant to Rule 406T of Regulation S-T, these interactive data files are deemed “furnished” and not “filed” or part of a registration statement or prospectus for purposes of Sections 11 and 12 of the Securities Act of 1933, or deemed “furnished” and not “filed” for purposes of Section 18 of the Securities and Exchange Act of 1934, and otherwise is not subject to liability under these sections.

Item 16.

Form 10-K Summary

None.

SIGNATURES

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

	SMSA Crane Acquisition Corp.

	By :	/s/ Irwin Eskanos
		Irwin Eskanos President, Chief Executive Officer, Chief Financial Officer, and Director (Principal Executive Officer and Principal Financial Officer and Principal Accounting Officer)

Date: September 27, 2021

In accordance with Section 13 or 15(d) of the Exchange Act, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated:

By :

/s/ Irwin Eskanos

Irwin Eskanos

President, Chief Executive Officer, Chief Financial Officer, and Director

(Principal Executive Officer and Principal Financial Officer and Principal Accounting Officer)

Date: September 27, 2021

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