UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

(Mark One)

☒	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the quarterly period ended August 31, 2024
	For the quarterly period ended November 30, 2024
or
☐	TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the transition period from _________ to _________

Commission File Number 333-190658

Startech Labs, Inc.

(Exact name of registrant as specified in its charter)

N/A

(State or other jurisdiction of

incorporation or organization)

(IRS Employer

Identification No.)

244 Madison Avenue, New York City, NY		10016-2817
(Address of principal executive offices)		(Zip Code)

(802) 255-4212

(Registrant’s telephone number, including area code)

___________________________________________________________

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

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ☒ Yes ☐ No

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

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

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

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

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

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY

PROCEEDINGS DURING THE PRECEDING FIVE YEARS

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

APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

60,647,380 common shares issued and outstanding as of ~~September~~December 2527, 2024

FORM 10-Q

TABLE OF CONTENTS

PART I - FINANCIAL INFORMATION
Item 1.	Financial Statements	3
Item 2.	Management s Discussion and Analysis of Financial Condition and Results of Operations	12
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	1514
Item 4.	Controls and Procedures	1514
PART II - OTHER INFORMATION
Item 1.	Legal Proceedings	1615
Item 1A.	Risk Factors	1615
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	1615
Item 3.	Defaults Upon Senior Securities	1615
Item 4.	Mine Safety Disclosures	1615
Item 5.	Other Information	1615
Item 6.	Exhibits	1716
SIGNATURES		1817

Table of Contents

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

STARTECH LABS, INC.

BALANCE SHEETS

	August 31,			May 31,
	2024			2024
	(Unaudited)			(Audited)
ASSETS
Current Assets
Total Current Assets	$	-		$	-
Total Assets	$	-		$	-
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current Liabilities
Accounts payable and accrued liabilities	$	3,608		$	2,701
Accrued interest		147,239			139,791
Due to related party		118,450			101,819
Convertible notes		129,402			129,402
Total Current Liabilities		398,699			373,713
Total Liabilities		398,699			373,713
STOCKHOLDERS' DEFICIT
Common Stock: $0.001 par value, 75,000,000 shares authorized, 60,647,380 shares issued and outstanding		60,647			60,647
Additional paid-in capital		38,654,623			38,654,623
Accumulated deficit		(39,113,969	)		(39,088,983	)
Total Stockholders' Deficit		(398,699	)		(373,713	)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	-		$	-

(UNAUDITED)

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

	November 30,			May 31,
	2024			2024
ASSETS
Current Assets
Total Current Assets	$	-		$	-

Intangible Assets		-			-

Total Assets	$	-		$	-

LIABILITIES AND STOCKHOLDERS' DEFICIT
Current Liabilities
Accounts payable and accrued liabilities	$	7,118		$	2,701
Accrued interest		154,606			139,791
Due to related party		119,500			101,819
Convertible notes		129,402			129,402
Total Current Liabilities		410,626			373,713

Total Liabilities		410,626			373,713

STOCKHOLDERS' DEFICIT
Common Stock: $0.001 par value, 75,000,000 shares authorized, 60,647,380 shares issued and outstanding		60,647			60,647
Additional paid-in capital		38,654,623			38,654,623
Accumulated deficit		(39,125,896	)		(39,088,983	)
Total Stockholders' Deficit		(410,626	)		(373,713	)

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	-		$	-

3The ~~Table~~accompanying notes are an integral part of ~~Contents~~these unaudited condensed financial statements.

~~STARTECH~~3 ~~LABS,~~Table ~~INC.~~of Contents

~~STATEMENTS~~STARTECH OFLABS, ~~OPERATIONS~~INC.

~~(UNAUDITED)~~STATEMENTS OF OPERATIONS

	For the Three Months Ended
	August 31,			August 31,
	2024			2023
Operating Expenses
General and administration	$	761		$	3,638
Professional		16,777			15,700
Total operating expenses		17,538			19,338
Net loss from operations		(17,538	)		(19,338	)
Other expense
Interest expense		(7,448	)		(7,448	)
Total other expense		(7,448	)		(7,448	)
Net loss before taxes		(24,986	)		(26,786	)
Provision for income taxes		-			-
Net loss	$	(24,986	)	$	(26,786	)
Net Loss Per Common Share – Basic and Diluted	$	(0.00	)	$	(0.00	)
Weighted Average Common Shares Outstanding		60,647,380			60,647,380

(UNAUDITED)

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

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

Operating Expenses
General and administration	$	1,059		$	933		$	1,820		$	4,571
Professional		3,500			5,300			20,277			21,000
Total operating expenses		4,559			6,233			22,097			25,571

Net loss from operations		(4,559	)		(6,233	)		(22,097	)		(25,571	)

Other expense
Interest expense		(7,368	)		(7,368	)		(14,816	)		(14,816	)
Total other expense		(7,368	)		(7,368	)		(14,816	)		(14,816	)

Net loss before taxes		(11,927	)		(13,601	)		(36,913	)		(40,387	)
Provision for income taxes		-			-			-			-
Net loss	$	(11,927	)	$	(13,601	)	$	(36,913	)	$	(40,387	)

Net Loss Per Common Share – Basic and Diluted	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)

Weighted Average Common Shares Outstanding		60,647,380			60,647,380			60,647,380			60,647,380

4The ~~Table~~accompanying notes are an integral part of ~~Contents~~these unaudited condensed financial statements.

~~STARTECH~~4 ~~LABS,~~Table ~~INC.~~of Contents

~~STATEMENT~~STARTECH OFLABS, ~~STOCKHOLDERS’ DEFICIT~~INC.

~~FOR~~STATEMENT ~~THE~~OF ~~THREE~~STOCKHOLDERS’ ~~MONTHS ENDED AUGUST 31, 2024 AND 2023~~DEFICIT

~~(UNAUDITED)~~FOR THE SIX MONTHS ENDED NOVEMBER 30, 2024 AND 2023

~~Three Months Ended August 31, 2024~~(UNAUDITED)

					Additional					Total
	Common stock				Paid-in		Accumulated			Shareholders'
	Shares		Amount		Capital		Deficit			Deficit
Balance, May 31, 2024		60,647,380	$	60,647	$	38,654,623	$	(39,088,983	)	$	(373,713	)
Net loss		-		-		-		(24,986	)		(24,986	)
Balance, August 31, 2024		60,647,380	$	60,647	$	38,654,623	$	(39,113,969	)	$	(398,699	)

Six Months Ended November 30, 2024

Three Months Ended August 31, 2023

					Additional					Total
	Common stock				Paid-in		Accumulated			Shareholders'
	Shares		Amount		Capital		Deficit			Deficit

Balance, May 31, 2024		60,647,380	$	60,647	$	38,654,623	$	(39,088,983	)	$	(373,713	)
Net loss		-		-		-		(24,986	)		(24,986	)
Balance, August 31, 2024		60,647,380	$	60,647	$	38,654,623	$	(39,113,969	)	$	(398,699	)
Net loss		-		-		-		(11,927	)		(11,927	)
Balance, November 30, 2024		60,647,380	$	60,647	$	38,654,623	$	(39,125,896	)	$	(410,626	)

					Additional					Total
	Common stock				paid-in		Accumulated			Shareholders'
	Shares		Amount		capital		Deficit			Deficit
Balance, May 31, 2023		60,647,380	$	60,647	$	38,654,623	$	(39,023,882	)	$	(308,612	)
Net loss		-		-		-		(26,786	)		(26,786	)
Balance, August 31, 2023		60,647,380	$	60,647	$	38,654,623	$	(39,050,668	)	$	(335,398	)

Six Months Ended November 30, 2023

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

					Additional					Total
	Common stock				paid-in		Accumulated			Shareholders'
	Shares		Amount		capital		Deficit			Deficit

Balance, May 31, 2023		60,647,380	$	60,647	$	38,654,623	$	(39,023,882	)	$	(308,612	)
Net loss		-		-		-		(26,786	)		(26,786	)
Balance, August 31, 2023		60,647,380	$	60,647	$	38,654,623	$	(39,050,668	)	$	(335,398	)
Net loss		-		-		-		(13,601	)		(13,601	)
Balance, November 30, 2023		60,647,380	$	60,647	$	38,654,623	$	(39,064,269	)	$	(348,999	)

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

~~STARTECH~~5 ~~LABS,~~Table ~~INC.~~of Contents

~~STATEMENTS~~STARTECH OFLABS, ~~CASH FLOWS~~INC.

~~(UNAUDITED)~~STATEMENTS OF CASH FLOWS

	For the Three Months Ended
	August 31,			August 31,
	2024			2023
Cash Flows from Operating Activities:
Net loss	$	(24,986	)	$	(26,786	)
Adjustments to reconcile net loss to net cash used in operating activities:
Changes in operating assets and liabilities:
Accounts payable		907			2,758
Accrued interest		7,448			7,448
Net Cash Used in Operating Activities		(16,631	)		(16,580	)
Cash Flows from Financing Activities:
Advancement from director		16,631			16,580
Net Cash Provided by Financing Activities		16,631			16,580
Net Change in Cash and Cash Equivalents		-			-
Cash and Cash Equivalents, beginning of period		-			-
Cash and Cash Equivalents, end of period	$	-		$	-
Supplemental Disclosure Information:
Cash paid for interest	$	-		$	-
Cash paid for taxes	$	-		$	-

(UNAUDITED)

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

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

Cash Flows from Operating Activities:
Net loss	$	(36,913	)	$	(40,387	)
Adjustments to reconcile net loss to net cash used in operating activities:
Changes in operating assets and liabilities:
Accounts payable		4,417			2,954
Accrued interest		14,815			14,816
Net Cash Used in Operating Activities		(17,681	)		(22,617	)

Cash Flows from Financing Activities:
Advancement from director		17,681			22,617
Net Cash Provided by Financing Activities		17,681			22,617

Net Change in Cash and Cash Equivalents		-			-
Cash and Cash Equivalents, beginning of period		-			-
Cash and Cash Equivalents, end of period	$	-		$	-

Supplemental Disclosure Information:
Cash paid for interest	$	-		$	-
Cash paid for taxes	$	-		$	-

6The ~~Table~~accompanying notes are an integral part of ~~Contents~~these unaudited condensed financial statements.

~~STARTECH~~6 ~~LABS,~~Table ~~INC.~~of Contents

~~NOTES~~STARTECH TOLABS, ~~THE UNAUDITED FINANCIAL STATEMENTS~~INC.

~~AUGUST~~NOTES ~~31,~~TO ~~2024~~THE UNAUDITED FINANCIAL STATEMENTS

~~NOTE~~NOVEMBER 130, ~~– ORGANIZATION AND DESCRIPTION OF BUSINESS~~2024

~~Startech~~NOTE ~~Labs,~~1 ~~Inc.~~– ~~(the~~ORGANIZATION ~~Company)~~AND ~~was~~DESCRIPTION ~~incorporated~~OF in the State of Nevada on April 20, 2013 with the principal business objective of creating an independent and unbiased mobile app that enables consumers to find the best cellular rate plan for their need and getting real-time notifications when a new cellular plan is available.BUSINESS

~~The~~Organization, ~~Company~~Nature ~~develops customized web solutions with both commercial and retail applications. Currently focused on further development~~ of ~~fare~~Business ~~aggregators~~ and ~~travel~~Trade ~~metasearch engines, the Company owns and operates international online travel and hospitality web portals where users can search for flights and hotels and select the most economical options.~~Name

~~NOTE~~Startech 2Labs, –Inc. ~~SUMMARY~~(the OFCompany), ~~SIGNIFICANT~~formerly ~~ACCOUNTING~~UpperSolution.com, ~~POLICIES~~was incorporated in the State of Nevada on April 20, 2013 with the principal business objective of creating an independent and unbiased mobile app that enables consumers to find the best cellular rate plan for their need and getting real-time notifications when a new cellular plan is available.

AThe ~~summary of significant accounting policies of Startech Labs, Inc. is presented to assist in understanding the~~ Company’s ~~financial~~activities ~~statements.~~are ~~The~~subject ~~accounting policies presented in these footnotes conform~~ to ~~accounting~~significant ~~principles~~risks ~~generally accepted in the United States of America~~ and ~~have~~uncertainties ~~been~~including ~~consistently~~failing ~~applied~~to insecure ~~the~~additional ~~preparation~~funding ofto ~~the~~operationalize ~~accompanying financial statements. These financial statements and notes are representations of~~ the Company’s ~~management~~apps ~~who~~before ~~are~~another ~~responsible~~company ~~for~~develops ~~their~~similar ~~integrity and objectivity~~apps.

~~Basis~~On January 10, 2018, the Company, Analog Nest Technologies, Inc., and the shareholders of ~~Presentation~~Analog Nest Technologies, Inc. closed a transaction pursuant to that certain Share Exchange Agreement (the “Share Exchange Agreement”), whereby the Company acquired 100% of the outstanding shares of common stock of Analog Nest (the “Analog Nest Stock”) from the Analog Nest Shareholders. In exchange for the Analog Nest Stock the Company issued 100,000 shares of its common stock. The Company’s Director and Chief Executive Officer held all of the shares of Analog Nest Technologies, Inc. at the time of the transaction.

~~The~~Analog ~~accompanying~~Nest ~~unaudited~~was ~~consolidated~~incorporated ~~financial statements have been prepared~~ in ~~accordance~~the ~~with~~State ~~accounting~~is ~~principles~~a ~~generally~~mobile ~~accepted~~application incompany ~~the~~focused ~~United~~on ~~States~~utility/entertainment ofapps ~~America~~ for ~~interim~~Google’s ~~financial~~Android ~~statements~~ and ~~with~~Apple’s ~~the~~iOS ~~instructions to Form 10-Q and Regulation S-X of the United States Securities and Exchange Commission (“SEC”)~~platforms. ~~Accordingly, they do not contain all information and footnotes required by accounting principles generally accepted in the United States of America for annual financial statements.~~

InOn ~~the~~June ~~opinion~~26, ~~of the company’s management~~2019, ~~the~~a ~~accompanying~~majority ~~unaudited~~of ~~interim~~our ~~financial~~stockholders ~~statements~~and ~~contain~~our ~~all~~board ~~the~~of ~~adjustments~~directors ~~necessary~~approved ~~(consisting~~a ~~only~~change of ~~normal~~name ~~recurring accruals) to present the financial position~~ of ~~the~~our company asto of“Startech ~~August 31~~Labs, ~~2024~~Inc.” and ~~the~~a ~~results~~reverse ofstock ~~operations~~split ~~and~~of ~~cash~~our ~~flows~~issued ~~for~~and ~~the~~outstanding ~~periods~~shares ~~presented. The results~~ of ~~operations~~common ~~for~~stock ~~the~~on ~~three~~a ~~months~~ninety-five ~~ended~~(95) ~~August~~old ~~31, 2024 are not necessarily indicative of the operating results~~ for ~~the~~one ~~full~~(1) ~~fiscal~~new ~~year or any future period~~basis. ~~These~~The ~~unaudited~~name ~~financial~~change ~~statements should be read in conjunction with the financial statements~~ and ~~related~~reverse ~~notes~~stock ~~thereto~~split ~~included~~became ineffective ~~the company’s Annual Report~~ on ~~Form~~July ~~10-K for the year ended May 31~~17, ~~2024 filed with the SEC on August 29, 2024~~2019.

~~Use~~On December 1, 2018, the Company disposed of ~~Estimates~~its mobile application company subsidiary, Analog Nest Technologies, Inc.

~~The~~NOTE ~~preparation~~2 of– ~~financial~~SUMMARY ~~statements~~OF inSIGNIFICANT ~~accounting~~ACCOUNTING principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. A change in managements’ estimates or assumptions could have a material impact on the Company’s financial condition and results of operations during the period in which such changes occurred. Actual results could differ from those estimates. The Company’s financial statements reflect all adjustments that management believes are necessary for the fair presentation of their financial condition and results of operations for the periods presented.POLICIES

~~Basic~~A summary of significant accounting policies of Startech Labs, Inc. is presented to assist in understanding the Company’s financial statements. The accounting policies presented in these footnotes conform to accounting principles generally accepted in the United States of America and ~~Diluted~~have ~~Net~~been ~~Loss~~consistently ~~Per~~applied ~~Share~~in the preparation of the accompanying financial statements. These financial statements and notes are representations of the Company’s management who are responsible for their integrity and objectivity.

~~Net~~Basis ~~loss per share is calculated in accordance with Codification topic 260, “Earnings Per Share” for the periods presented. Basic net loss per share is computed using the weighted average number~~ of common shares outstanding. Diluted loss per share has not been presented because there are no dilutive items. Diluted net loss per share is based on the assumption that all dilutive stock options, warrants, and convertible debt are converted or exercised by applying the treasury stock method. Under this method, options and warrants are assumed exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. Options, warrants and/or convertible debt will have a dilutive effect, during periods of net profit, only when the average market price of the common stock during the period exceeds the exercise or conversion price of the items.Presentation

7The ~~Table~~accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of ~~Contents~~America for interim financial statements and with the instructions to Form 10-Q and Regulation S-X of the United States Securities and Exchange Commission (“SEC”). Accordingly, they do not contain all information and footnotes required by accounting principles generally accepted in the United States of America for annual financial statements.

~~For~~In the ~~three~~opinion ~~months~~of ~~ended~~the ~~August~~company’s 31management, the accompanying unaudited interim financial statements contain all the adjustments necessary (consisting only of normal recurring accruals) to present the financial position of the company as of November 30, 2024 and ~~2023,~~the ~~respectively,~~results of operations and cash flows for the ~~following~~periods ~~convertible~~presented. ~~notes~~The ~~were~~results ~~excluded~~of ~~from~~operations for the ~~computation~~six months ended November 30, 2024 are not necessarily indicative of ~~diluted~~the ~~net~~operating ~~loss~~results ~~per~~for ~~shares~~the asfull fiscal year or any future period. These unaudited financial statements should be read in conjunction with the ~~result~~financial ofstatements and related notes thereto included in the ~~computation~~company’s ~~was~~Annual ~~anti~~Report on Form 10-~~dilutive:~~K for the year ended May 31, 2024 filed with the SEC on August 29, 2024.

	August 31,		August 31,
	2024		2023
	(Shares)		(Shares)
Convertible notes payable		47,748,982		47,748,982

Table of Contents

~~Fair~~ Use ~~Value~~ of ~~Financial Instruments~~Estimates

The ~~Company~~preparation ~~applies~~of ~~fair value accounting for all~~ financial ~~assets~~statements ~~and~~in ~~liabilities~~accounting ~~and~~principles ~~non-financial~~generally ~~assets~~accepted ~~and liabilities that are recognized or disclosed at fair value~~ in the ~~financial~~United ~~statements~~States onof aAmerica ~~recurring~~requires ~~basis.~~management ~~The~~to ~~Company~~make ~~defines~~estimates ~~fair~~and ~~value~~assumptions ~~as the price~~ that ~~would~~affect bethe ~~received~~reported ~~from~~amounts ~~selling~~of anassets ~~asset~~and orliabilities ~~paid~~and todisclosure ~~transfer~~of acontingent ~~liability~~assets inand anliabilities ~~orderly transaction between market participants~~ at the ~~measurement~~ date. ~~When~~of ~~determining~~ the ~~fair~~financial ~~value~~statements ~~measurements for assets~~ and ~~liabilities,~~the ~~which~~reported ~~are~~amounts ~~required~~of torevenues beand ~~recorded~~expenses atduring ~~fair value,~~ the ~~Company~~reporting ~~considers~~period. ~~the~~A ~~principal~~change ~~or most advantageous market~~ in ~~which~~managements’ ~~the~~estimates ~~Company would transact and the market-based risk measurements~~ or assumptions ~~that~~could ~~market~~have ~~participants~~a ~~would~~material ~~use~~impact inon ~~pricing~~ the ~~asset~~Company’s orfinancial ~~liability,~~condition ~~such~~and asresults ~~risks~~of ~~inherent~~operations induring ~~valuation~~the ~~techniques,~~period ~~transfer~~in ~~restrictions~~which ~~and~~such ~~credit~~changes ~~risk~~occurred. ~~Fair~~Actual ~~value~~results iscould ~~estimated~~differ byfrom ~~applying~~those ~~the~~estimates. ~~following~~The ~~hierarchy,~~Company’s ~~which~~financial ~~prioritizes~~statements ~~the~~reflect ~~inputs~~all ~~used~~adjustments tothat ~~measure~~management ~~fair~~believes ~~value~~are ~~into~~necessary ~~three~~for ~~levels and bases~~ the ~~categorization~~fair ~~within~~presentation ~~the~~of ~~hierarchy~~their ~~upon~~financial ~~the~~condition ~~lowest~~and ~~level~~results of ~~input~~operations ~~that~~for ~~is available and significant to~~ the ~~fair~~periods ~~value measurement:~~presented.

~~Level~~Basic 1and –Diluted ~~Quoted~~Net ~~prices~~Loss inPer ~~active markets for identical assets or liabilities.~~Share

~~Level~~Net 2loss –per ~~Observable~~share ~~inputs~~is ~~other~~calculated ~~than~~in ~~quoted~~accordance ~~prices~~with inCodification ~~active~~topic ~~markets~~260, “Earnings Per Share” for ~~identical~~the ~~assets~~periods ~~and~~presented. ~~liabilities,~~Basic ~~quoted~~net ~~prices~~loss ~~for~~per ~~identical~~share oris ~~similar~~computed ~~assets~~using orthe ~~liabilities~~weighted inaverage ~~inactive~~number ~~markets~~of common shares outstanding. Diluted loss per share has not been presented because there are no dilutive items. Diluted net loss per share is based on the assumption that all dilutive stock options, warrants, and convertible debt are converted or ~~other~~exercised ~~inputs~~by ~~that~~applying the treasury stock method. Under this method, options and warrants are ~~observable~~assumed exercised at the beginning of the period (or ~~can~~at bethe ~~corroborated~~time byof ~~observable~~issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market ~~data~~price ~~for~~during ~~substantially~~the period. Options, warrants and/or convertible debt will have a dilutive effect, during periods of net profit, only when the ~~full~~average ~~term~~market price of the ~~assets~~common stock during the period exceeds the exercise or ~~liabilities~~conversion price of the items.

~~Level~~For 3the –six ~~Inputs~~months ~~that~~ended ~~are~~November ~~generally~~30, ~~unobservable~~2024 and ~~typically~~2023, ~~reflect~~respectively, ~~management’s~~the ~~estimate~~following convertible notes were excluded from the computation of ~~assumptions~~diluted ~~that~~net ~~market~~loss ~~participants~~per ~~would~~shares ~~use~~as inthe ~~pricing~~result of the ~~asset~~computation orwas ~~liability.~~anti-dilutive:

In accordance with the fair value accounting requirements, companies may choose to measure eligible financial instruments and certain other items at fair value. The Company has not elected the fair value option for any eligible financial instruments.

	November 30,		November 30,
	2024		2023
	(Shares)		(Shares)
Convertible notes payable		47,748,982		47,748,982

AsFair ofValue ~~August 31, 2024 and May 31, 2024, the carrying value~~ of ~~accounts~~Financial ~~payable and loans that are required to be measured at fair value, approximated fair value due to the short-term nature and maturity of these instruments.~~Instruments

~~Share~~The Company applies fair value accounting for all financial assets and liabilities and non-financial assets and liabilities that are recognized or disclosed at fair value in the financial statements on a recurring basis. The Company defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities, which are required to be recorded at fair value, the Company considers the principal or most advantageous market in which the Company would transact and the market-based ~~Expenses~~risk measurements or assumptions that market participants would use in pricing the asset or liability, such as risks inherent in valuation techniques, transfer restrictions and credit risk. Fair value is estimated by applying the following hierarchy, which prioritizes the inputs used to measure fair value into three levels and bases the categorization within the hierarchy upon the lowest level of input that is available and significant to the fair value measurement:

~~ASC~~Level ~~718~~1 ~~“Compensation~~ – ~~Stock~~Quoted ~~Compensation”~~prices ~~prescribes~~in ~~accounting~~active ~~and~~markets ~~reporting standards~~ for ~~all~~identical ~~share-based~~assets ~~payment transactions in which employee services and non-employee services are acquired. Transactions include incurring liabilities,~~ or ~~issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights~~liabilities. Share-based payments to employees and non-employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period).

~~Recent~~Level ~~Accounting~~2 ~~Pronouncements~~– Observable inputs other than quoted prices in active markets for identical assets and liabilities, quoted prices for identical or similar assets or liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.

~~Management~~Level ~~has~~3 ~~considered~~– ~~all~~Inputs ~~other~~that ~~recent~~are ~~accounting~~generally ~~pronouncements~~unobservable ~~issued~~and ~~since~~typically ~~the~~reflect ~~last audit of our financial statements. The Company~~management’s ~~management~~estimate ~~believes~~of assumptions that ~~these~~market ~~recent~~participants ~~pronouncements~~would ~~will~~use ~~not~~in ~~have~~pricing ~~a material effect on~~ the ~~Company’s~~asset ~~financial~~or ~~statements~~liability.

8In ~~Table~~accordance ofwith ~~Contents~~the fair value accounting requirements, companies may choose to measure eligible financial instruments and certain other items at fair value. The Company has not elected the fair value option for any eligible financial instruments.

In8 ~~August~~Table 2020, the FASB issued ASU 2020-06, ASC Subtopic 470-20 “Debt-Debt with “Conversion and Other Options” and ASC subtopic 815-40 “Hedging-Contracts in Entity’s Own Equity”. The standard reduced the number of accounting models for convertible debt instruments and convertible preferred stock. Convertible instruments that continue to be subject to separation models are (1) those with embedded conversion features that are not clearly and closely related to the host contract, that meet the definition of a derivative, and that do not qualify for a scope exception from derivative accounting; and, (2) convertible debt instruments issued with substantial premiums for which the premiums are recorded as paid-in capital. ASU2020-06 removes from U.S. GAAP the separation models for (1) convertible debt with a cash conversion feature (“CCF”) and (2) convertible instruments with a beneficial conversion feature (“BCF”). With the adoption of ASU2020-06, entities will not separately present in equity an embedded conversion feature these debts. The amendments in this update are effective for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020, including interim periods within those fiscal years. The Company has chosen to early adopt this standard on its year ended May 31, 2023, financial statements and did not record BCF on the issuance of convertible notes with conversion rate below the Company’s market stock price on the date of note issuance.Contents

~~NOTE~~As 3of –November ~~GOING~~30, ~~CONCERN~~2024 and May 31, 2024, the carrying value of accounts payable and loans that are required to be measured at fair value, approximated fair value due to the short-term nature and maturity of these instruments.

~~The~~Share-based Company’s financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. However, the Company does not have significant cash or other current assets, nor does it have an established source of revenues sufficient to cover its operating costs and to allow it to continue as a going concern.Expenses

~~Under~~ASC ~~the~~718 ~~going~~“Compensation ~~concern~~– ~~assumption,~~Stock anCompensation” ~~entity~~prescribes isaccounting ~~ordinarily~~and ~~viewed~~reporting asstandards ~~continuing~~for inall ~~business~~share-based ~~for~~payment ~~the~~transactions ~~foreseeable~~in ~~future~~which ~~with~~employee ~~neither~~services ~~the~~and ~~intention~~non-employee ~~nor~~services ~~the~~are ~~necessity~~acquired. ofTransactions ~~liquidation,~~include ~~ceasing~~incurring ~~trading~~liabilities, or ~~seeking~~issuing ~~protection~~or ~~from~~offering ~~creditors~~to ~~pursuant~~issue toshares, ~~laws~~options, orand ~~regulations~~other equity instruments such as employee stock ownership plans and stock appreciation rights. ~~Accordingly,~~Share-based ~~assets~~payments to employees and ~~liabilities~~non-employees, including grants of employee stock options, are ~~recorded~~recognized onas compensation expense in the ~~basis~~financial ~~that~~statements based on their fair values. That expense is recognized over the ~~entity~~period ~~will~~during bewhich ~~able~~an employee is required to ~~realize~~provide ~~its~~services ~~assets~~in ~~and~~exchange ~~discharge~~for ~~its~~the ~~liabilities~~award, inknown as the ~~normal~~requisite ~~course~~service ofperiod ~~business~~(usually the vesting period).

~~The~~Recent ~~Company~~Accounting has incurred net losses since inception on April 20, 2013 through August 31, 2024 totaling $39,113,969 and has negative working capital of $398,699 at August 31, 2024. The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plan described in the Business paragraph and eventually attain profitable operations. The accompanying financial statements do not include any adjustments that may be necessary if the Company is unable to continue as a going concern.Pronouncements

~~During~~Management ~~the~~has ~~next~~considered ~~year,~~all ~~the~~other ~~Company’s~~recent ~~foreseeable~~accounting ~~cash~~pronouncements ~~requirements~~issued ~~will~~since ~~relate~~the tolast ~~continual~~audit ~~development~~ of ~~the~~our ~~operations~~financial ofstatements. ~~its~~The ~~business,~~Company’s ~~maintaining~~management ~~its~~believes ~~good~~that ~~standing~~these ~~and~~recent ~~making~~pronouncements ~~the~~will ~~requisite~~not ~~filings~~have ~~with~~a ~~the~~material ~~Securities~~effect ~~and~~on ~~Exchange Commission, and~~ the ~~payment of expenses associated with research and development. The~~ Company’s ~~may~~financial ~~experience a cash shortfall and be required to raise additional capital~~statements.

~~Historically~~In August 2020, itthe ~~has~~FASB ~~mostly~~issued ~~relied~~ASU ~~upon~~2020-06, ~~funds~~ASC ~~from~~Subtopic 470-20 “Debt-Debt with “Conversion and Other Options” and ASC subtopic 815-40 “Hedging-Contracts in Entity’s Own Equity”. The standard reduced the ~~sale~~number of ~~shares~~accounting ofmodels ~~stock~~for convertible debt instruments and ~~from~~convertible ~~acquiring~~preferred ~~loans~~stock. Convertible instruments that continue to ~~finance~~be ~~its~~subject ~~operations~~to ~~and~~separation ~~growth.~~models ~~Management~~are ~~may~~(1) ~~raise~~those ~~additional~~with ~~capital~~embedded ~~through~~conversion ~~future~~features ~~public~~that orare ~~private~~not ~~offerings~~clearly and closely related to the host contract, that meet the definition of a derivative, and that do not qualify for a scope exception from derivative accounting; and, (2) convertible debt instruments issued with substantial premiums for which the ~~Company’s~~premiums ~~stock~~are orrecorded ~~through~~as ~~loans~~paid-in capital. ASU2020-06 removes from ~~private~~U.S. ~~investors~~GAAP the separation models for (1) convertible debt with a cash conversion feature (“CCF”) and (2) convertible instruments with a beneficial conversion feature (“BCF”). With the adoption of ASU2020-06, ~~although~~entities ~~there~~will ~~can~~not beseparately present in equity an embedded conversion feature these debts. The amendments in this update are effective for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. Early adoption is permitted, but no ~~assurance~~earlier ~~that~~than itfiscal ~~will~~years bebeginning ~~able~~after toDecember ~~obtain~~15, ~~such~~2020, ~~financing~~including interim periods within those fiscal years. The Company’s ~~failure~~has chosen to doearly soadopt ~~could~~this ~~have~~standard aon ~~material~~its ~~and~~year ~~adverse~~ended ~~effect~~May ~~upon~~31, it2023, financial statements and ~~its~~did ~~shareholders~~not record BCF on the issuance of convertible notes with conversion rate below the Company’s market stock price on the date of note issuance.

InNOTE ~~the~~3 ~~past~~– ~~year,~~GOING the Company funded operations by using cash proceeds received through related party proceeds. For the coming year, the Company plans to continue to fund the Company through related party issuances, debt and securities sales and issuances until the company generates enough revenues through the operations as stated above.CONCERN

~~NOTE~~The 4Company’s –financial ~~COMMON~~statements ~~STOCK~~are prepared using accounting principles generally accepted in the United States of America applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. However, the Company does not have significant cash or other current assets, nor does it have an established source of revenues sufficient to cover its operating costs and to allow it to continue as a going concern.

~~The~~Under ~~Company~~the ~~has~~going ~~authorized~~concern ~~seventy-five~~assumption, ~~million~~an ~~(75~~entity is ordinarily viewed as continuing in business for the foreseeable future with neither the intention nor the necessity of liquidation,~~000~~ ceasing trading,~~000)~~ ~~shares~~or ofseeking ~~common~~protection ~~stock~~from ~~with~~creditors apursuant ~~par~~to ~~value~~laws or regulations. Accordingly, assets and liabilities are recorded on the basis that the entity will be able to realize its assets and discharge its liabilities in the normal course of $0business.~~001.~~

AsThe ofCompany ~~August~~has 31incurred net losses since inception on April 20, ~~2024~~2013 ~~and~~through ~~May~~November 3130, 2024 totaling $39,125,896 60and has negative working capital of $410,~~647~~626 at November 30,~~380~~ ~~shares~~2024. The ability of ~~common~~the ~~stock~~Company ~~were~~to ~~issued~~continue as a going concern is dependent upon its ability to successfully accomplish the plan described in the Business paragraph and ~~outstanding~~eventually attain profitable operations. The accompanying financial statements do not include any adjustments that may be necessary if the Company is unable to continue as a going concern.

9During ~~Table~~the next year, the Company’s foreseeable cash requirements will relate to continual development of ~~Contents~~the operations of its business, maintaining its good standing and making the requisite filings with the Securities and Exchange Commission, and the payment of expenses associated with research and development. The Company may experience a cash shortfall and be required to raise additional capital.

~~NOTE~~9 5Table –of ~~RELATED PARTY TRANSACTIONS~~Contents

~~During~~Historically, it has mostly relied upon funds from the ~~three~~sale ~~months~~of ~~ended~~shares ~~August~~of ~~31,~~stock ~~2024~~and from acquiring loans to finance its operations and ~~August~~growth. ~~31,~~Management ~~2023,~~may ~~the~~raise ~~Director~~additional capital through future public or private offerings of the Company’s ~~made~~stock ~~advancement~~or ofthrough ~~$16,631 and~~loans ~~$16~~from private investors,~~580 for~~ ~~operating~~although ~~expenses~~there oncan ~~behalf~~be ofno ~~the~~assurance that it will be able to obtain such financing. The Company,’s ~~respectively~~failure to do so could have a material and adverse effect upon it and its shareholders.

~~The~~In ~~loan~~the ispast ~~non-interest~~year, ~~bearing~~the Company funded operations by using cash proceeds received through related party proceeds. For the coming year, the Company plans to continue to fund the Company through related party issuances, debt and ~~due~~securities onsales ~~demand~~and issuances until the company generates enough revenues through the operations as stated above.

AsNOTE of4 ~~August~~– ~~31,~~COMMON ~~2024 and May 31, 2024, the amount due to director was $118,450 and $101,819 respectively.~~STOCK

~~NOTE~~The 6Company –has ~~CONVERTIBLE~~authorized ~~NOTES~~seventy-five million (75,000,000) shares of common stock with a par value of $0.001.

	August 31,			May 31,
	2024			2024
Convertible Notes - June 2019	$	56,859		$	56,859
Convertible Notes - August 2019		14,716			14,716
Convertible Notes - November 2019		8,789			8,789
Convertible Notes - February 2020		18,956			18,956
Convertible Notes - May 2020		3,350			3,350
Convertible Notes - August 2020		16,632			16,632
Convertible Notes - November 2020		7,400			7,400
Convertible Notes - February 2021		2,700			2,700
		129,402			129,402
Less current portion of convertible notes payable		(129,402	)		(129,402	)
Non-current convertible notes payable	$	-		$	-

As of November 30, 2024 and May 31, 2024, 60,647,380 shares of common stock were issued and outstanding.

OnNOTE ~~June~~5 1,– ~~2019,~~RELATED ~~the~~PARTY Company issued convertible notes to three unaffiliated parties for an aggregate amount of $81,859 to replace the full amount of related party advances that had been provided to the Company through May 31, 2019. The convertible notes are due on demand, bear interest at 25% per annum and are convertible at $0.01 per share for the Company common stock. The total debt discount from the beneficial conversion features of $81,859 was expensed upon issuance of the notes.TRANSACTIONS

OnDuring ~~August 31, 2019,~~ the ~~Company~~six ~~issued~~months aended ~~convertible~~November ~~note~~30, to2024 anand ~~unaffiliated party of $14~~2023,~~717~~ ~~for~~the ~~paying~~Director ~~operating expenses on behalf~~ of the Company. ~~The~~made ~~convertible~~advancement ~~note~~of ~~is due on demand~~$17, ~~bears interest at 25% per annum~~ 681 and ~~is convertible at~~ $~~0.95~~22,617 ~~per share~~ for ~~the~~operating ~~Company~~expenses ~~common~~on ~~stock.~~behalf ~~The~~of ~~debt discount from~~ the ~~beneficial conversion of $6~~Company,~~971~~ ~~was expensed upon issuance of the note~~respectively.

~~On November 30, 2019, the Company issued a convertible note to an unaffiliated party of $8,789 for paying operating expenses on behalf of the Company.~~ The ~~convertible~~loan ~~note~~ is ~~due on demand, bears~~ non-interest atbearing ~~25% per annum~~ and isdue ~~convertible~~on ~~at $0~~demand.~~95 per share for the Company common stock. The debt discount from the beneficial conversion of $8,788 was expensed upon issuance of the note.~~

OnAs ~~January 3, 2020, the Company amended a convertible note~~ of ~~$25,000~~November ~~issued on June 1~~30, ~~2019.~~2024 ~~The amended convertible note is due on demand, bear interest at 5% per annum~~ and ~~are~~May ~~convertible at $0.002 per share for the Company common stock. On February 17~~31, ~~2020~~2024, the ~~note~~amount ~~holder~~due ~~of the amended convertible note sold the note~~ to ~~two~~director ~~unaffiliated~~was ~~parties. On June 1~~$119,500 and ~~2020, principal of~~ $11101,~~000~~819 ~~from the convertible notes was converted for 5,500,000 shares of common stock~~respectively.

OnNOTE ~~February~~6 ~~29,~~– ~~2020,~~CONVERTIBLE the Company issued a convertible note to an unaffiliated party of $4,956 for paying operating expenses on behalf of the Company. The convertible note is due on demand, bears interest at 25% per annum and is convertible at $0.001 per share for the Company common stock. The debt discount from the beneficial conversion of $4,956 was expensed upon issuance of the note.NOTES

On May 31, 2020, the Company issued a convertible note to an unaffiliated party of $3,350 for paying operating expenses on behalf of the Company. The convertible note is due on demand, bears interest at 25% per annum and is convertible at $0.001 per share for the Company common stock. The debt discount from the beneficial conversion of $3,350 was expensed upon issuance of the note.

	November 30,			May 31,
	2024			2024
Convertible Notes - June 2019	$	56,859		$	56,859
Convertible Notes - August 2019		14,716			14,716
Convertible Notes - November 2019		8,789			8,789
Convertible Notes - February 2020		18,956			18,956
Convertible Notes - May 2020		3,350			3,350
Convertible Notes - August 2020		16,632			16,632
Convertible Notes - November 2020		7,400			7,400
Convertible Notes - February 2021		2,700			2,700
		129,402			129,402
Less current portion of convertible notes payable		(129,402	)		(129,402	)
Non-current convertible notes payable	$	-		$	-

On ~~August~~June 311, ~~2020~~2019, the Company issued a convertible ~~note~~notes to anthree unaffiliated ~~party~~parties for an aggregate amount of $1681,~~632~~859 ~~for~~to ~~paying~~replace ~~operating~~the ~~expenses~~full onamount ~~behalf~~ of related party advances that had been provided to the Company through May 31, 2019. The convertible ~~note~~notes isare due on demand, ~~bears~~bear interest at 25% per annum and isare convertible at $0.~~001~~01 per share for the Company common stock. The total debt discount from the beneficial conversion features of $1681,~~632~~859 was expensed upon issuance of the ~~note~~notes.

10On ~~Table~~August 31, 2019, the Company issued a convertible note to an unaffiliated party of ~~Contents~~$14,717 for paying operating expenses on behalf of the Company. The convertible note is due on demand, bears interest at 25% per annum and is convertible at $0.95 per share for the Company common stock. The debt discount from the beneficial conversion of $6,971 was expensed upon issuance of the note.

On10 ~~November~~Table ~~30, 2020, the Company issued a convertible note to an unaffiliated party~~ of $7,400 for paying operating expenses on behalf of the Company. The convertible note is due on demand, bears interest at 25% per annum and is convertible at $0.001 per share for the Company common stock. The debt discount from the beneficial conversion of $7,400 was expensed upon issuance of the note.Contents

On ~~February~~November 2830, ~~2021~~2019, the Company issued a convertible note to an unaffiliated party of $28,~~700~~789 for paying operating expenses on behalf of the Company. The convertible note is due on demand, bears interest at 25% per annum and is convertible at $0.~~001~~95 per share for the Company common stock. The debt discount from the beneficial conversion of $28,~~700~~788 was expensed upon issuance of the note.

~~During~~On January 3, 2020, the ~~three~~Company ~~months~~amended ~~ended~~a ~~August~~convertible 31note of $25,000 ~~2024~~issued ~~and~~on ~~2023~~June 1, 2019. The amended convertible note is due on demand, bear interest at 5% per annum and are convertible at $0.002 per share for the Company ~~incurred~~common stock. On February 17, 2020, the note ~~interest~~holder ~~expense~~of the amended convertible note sold the note to two unaffiliated parties. On June 1, 2020, principal of $711,~~448~~000 ~~and~~from $7the convertible notes was converted for 5,~~448~~500,000 ~~respectively~~shares of common stock.

AsOn ofFebruary ~~August~~29, 312020, ~~2024~~the ~~and~~Company ~~May~~issued ~~31,~~a ~~2024~~convertible note to an unaffiliated party of $4,956 for paying operating expenses on behalf of the Company. The convertible ~~notes~~note ~~payable~~is ~~was~~due ~~$129~~on demand,~~402~~ bears interest at 25% per annum and is convertible at $~~129,402,~~0.001 ~~respectively,~~per ~~and~~share ~~accrued~~for ~~note~~the ~~interest~~Company ~~payable~~common ~~was~~stock. ~~$147,239~~The ~~and~~debt discount from the beneficial conversion of $~~139~~4,~~791,~~956 ~~respectively~~was expensed upon issuance of the note.

~~NOTE~~On 7May –31, ~~SUBSEQUENT~~2020, ~~EVENTS~~the Company issued a convertible note to an unaffiliated party of $3,350 for paying operating expenses on behalf of the Company. The convertible note is due on demand, bears interest at 25% per annum and is convertible at $0.001 per share for the Company common stock. The debt discount from the beneficial conversion of $3,350 was expensed upon issuance of the note.

InOn ~~accordance~~August ~~with~~31, ~~ASC 855-10~~2020, the Company ~~has~~issued ~~analyzed~~a ~~its~~convertible ~~operations~~note ~~subsequent~~ to ~~the~~an ~~August~~unaffiliated 31party of $16,632 ~~2024~~for topaying operating expenses on behalf of the ~~date~~Company. ~~these~~The ~~financial~~convertible ~~statements~~note ~~were~~is ~~issued~~due on demand, bears interest at 25% per annum and ~~has~~is ~~determined~~convertible ~~that~~at it$0.001 ~~does~~per ~~not~~share ~~have~~for ~~any~~the ~~material~~Company ~~subsequent~~common ~~events~~stock. toThe ~~disclose~~debt indiscount ~~these~~from ~~financial~~the ~~statements~~beneficial conversion of $16,632 was expensed upon issuance of the note.

11On ~~Table~~November 30, 2020, the Company issued a convertible note to an unaffiliated party of ~~Contents~~$7,400 for paying operating expenses on behalf of the Company. The convertible note is due on demand, bears interest at 25% per annum and is convertible at $0.001 per share for the Company common stock. The debt discount from the beneficial conversion of $7,400 was expensed upon issuance of the note.

~~Item~~On February 28, 2021, the Company issued a convertible note to an unaffiliated party of $2,700 for paying operating expenses on behalf of the Company. ~~Management’s~~The ~~Discussion~~convertible note is due on demand, bears interest at 25% per annum and ~~Analysis~~is convertible at $0.001 per share for the Company common stock. The debt discount from the beneficial conversion of ~~Financial~~$2,700 ~~Condition~~was ~~and~~expensed ~~Results~~upon issuance of ~~Operations~~the note.

~~FORWARD-LOOKING~~During ~~STATEMENTS~~the six months ended November 30, 2024 and 2023, the Company incurred note interest expense of $14,816 and $14,816, respectively.

~~This~~As ~~quarterly~~of ~~report~~November ~~contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases~~30, ~~you~~2024 ~~can~~and ~~identify~~May ~~forward-looking statements by terminology such as “may”~~31, ~~“should”~~2024, ~~“expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or~~ the ~~negative~~convertible ofnotes ~~these~~payable ~~terms~~was ~~or other comparable terminology. These statements are only predictions and involve known and unknown risks~~$129,402 ~~uncertainties~~ and ~~other factors that may cause our or our industry’s actual results~~$129, ~~levels of activity~~402, ~~performance or achievements to be materially different from any future results~~respectively, ~~levels~~and ofaccrued ~~activity,~~note ~~performance~~interest orpayable ~~achievements~~was ~~expressed or implied by these forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable~~$154,606 weand ~~cannot guarantee future results~~$139, ~~levels of activity~~791, ~~performance or achievements~~respectively. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

~~Our~~NOTE ~~unaudited~~7 ~~financial~~– ~~statements~~SUBSEQUENT are stated in United States Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles. The following discussion should be read in conjunction with our financial statements and the related notes that appear elsewhere in this quarterly report. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed below and elsewhere in this quarterly report.EVENT

~~Unless~~In ~~otherwise~~accordance ~~specified~~with inASC ~~this~~855-10, ~~quarterly~~the ~~report~~Company has analyzed its operations subsequent to the November 30, ~~all~~2024 ~~dollar~~to ~~amounts~~the ~~are~~date ~~expressed~~these infinancial ~~United~~statements ~~States~~were ~~dollars~~issued and ~~all~~has ~~references~~determined tothat ~~“common~~it ~~stock”~~does ~~refer~~not have any material subsequent events to ~~shares~~disclose ofin ~~our~~these ~~common~~financial ~~stock~~statements.

As11 ~~used~~Table inof ~~this quarterly report, the terms “we”, “us”, “our company”, mean Startech Labs, Inc., a Nevada corporation, unless otherwise indicated.~~Contents

~~Overview~~Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

We were incorporated in the State of Nevada on April 20, 2013 under the name UpperSolution.com with the principal business objective of creating an independent and unbiased mobile app that enables consumers to find the best cellular rate plan for their need and getting realFORWARD-~~time~~LOOKING ~~notifications when a new cellular plan is available.~~STATEMENTS

12This ~~Table~~quarterly report contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of ~~Contents~~these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

OnOur ~~January~~unaudited ~~10,~~financial ~~2018,~~statements ~~our~~are ~~company,~~stated ~~Analog~~in ~~Nest~~United ~~Technologies,~~States ~~Inc.~~Dollars (~~“Analog Nest”~~US$) and ~~the~~are ~~shareholders~~prepared ofin ~~Analog~~accordance ~~(the~~with ~~“Analog~~United ~~Nest~~States ~~Shareholders”)~~Generally ~~closed~~Accepted aAccounting ~~transaction~~Principles. ~~pursuant~~The afollowing ~~share~~discussion ~~exchange~~should ~~agreement~~be ~~dated~~read ~~January~~in ~~10,~~conjunction ~~2018,~~with ~~whereby~~ our ~~company~~financial ~~acquired~~statements ~~100%~~and of the ~~outstanding~~related ~~shares~~notes ofthat ~~common~~appear ~~stock~~elsewhere ofin ~~Analog~~this ~~Nest~~quarterly ~~(the~~report. ~~“Analog~~The ~~Nest~~following ~~Stock”)~~discussion ~~from~~contains ~~the~~forward-looking ~~Analog~~statements ~~Nest~~that ~~Shareholders~~reflect our plans, estimates and beliefs. InOur ~~exchange~~actual ~~for~~results could differ materially from those discussed in the ~~Analog~~forward-looking ~~Nest~~statements. ~~Stock~~Factors ~~our~~that ~~company~~could ~~issued~~cause ~~100,000~~or ~~shares~~contribute ofto ~~our~~such ~~common~~differences ~~stock~~include, but are not limited to, ~~the~~those ~~Analog~~discussed ~~Nest~~below ~~Shareholders~~and elsewhere in this quarterly report.

~~Analog~~Unless ~~Nest~~otherwise ~~was~~specified ~~incorporated~~ in ~~the~~this ~~State~~quarterly ~~of Nevada on September 8~~report, ~~2017~~all asdollar aamounts ~~mobile~~are ~~application~~expressed ~~(“app”)~~in ~~company~~United ~~focused~~States ondollars ~~utility/entertainment apps for Google’s Android~~ and ~~Apple’s~~all ~~iOS~~references ~~platforms.~~to In“common ~~December~~stock” ~~2017,~~refer ~~Analog~~to ~~Nest~~shares ~~acquired~~of ~~the~~our ~~following~~common apps: Old Fart Booth, Old Fart Booth Pro, Ugly Face Booth, Ugly Santa Booth, Baldy – Bald Photo Booth, Fatty – Make Funny Fat Faces, Slender Man Scary Prank, Anime Booth, Anime Booth Free, Minecart Mayhem, Pimp My Pet, Pimp My Dog, Cavity Detector – Scary Prank, Mustacher, Alex From Target, A Farm Animal Salon, Mustacher Pro, Pimp My Cat, and Animal Dress Up Salonstock.

OnAs ~~June~~used ~~26,~~in ~~2019,~~this aquarterly ~~majority~~report, ofthe ~~our~~terms ~~stockholders~~“we”, ~~and~~“us”, “our ~~board of directors approved a change of name of our~~ company”, tomean “Startech Labs, Inc.”, ~~and~~ a ~~reverse~~Nevada ~~stock~~corporation, ~~split~~unless ofotherwise ~~our issued and outstanding shares of common stock on a ninety-five (95) old for one (1) new basis~~indicated. ~~The name change and reverse stock split became effective on July 17, 2019.~~

~~We have not declared bankruptcy, been involved in receivership or any similar proceeding.~~Overview

~~Our~~We ~~office~~were isincorporated ~~located~~in atthe ~~244~~State ~~Madison~~of ~~Avenue,~~Nevada ~~New~~on ~~York~~April 20, NY2013 ~~10016-2817~~under the name UpperSolution.com with the principal business objective of creating an independent and ~~our~~unbiased ~~telephone~~mobile ~~number~~app isthat ~~(802)~~enables ~~255-4212.~~consumers Weto dofind ~~not~~the ~~own~~best ~~any~~cellular ~~property~~rate plan for their need and wegetting doreal-time ~~not~~notifications ~~have~~when a ~~corporate~~new ~~website~~cellular plan is available.

~~Our~~On ~~Current~~January ~~Business~~10, 2018, our company, Analog Nest Technologies, Inc. (“Analog Nest”) and the shareholders of Analog (the “Analog Nest Shareholders”) closed a transaction pursuant a share exchange agreement dated January 10, 2018, whereby our company acquired 100% of the outstanding shares of common stock of Analog Nest (the “Analog Nest Stock”) from the Analog Nest Shareholders. In exchange for the Analog Nest Stock our company issued 100,000 shares of our common stock to the Analog Nest Shareholders.

~~Startech~~Analog ~~Labs~~Nest ~~develops~~was ~~customized~~incorporated ~~web~~in ~~solutions~~the ~~with~~State ~~both~~of ~~commercial~~Nevada ~~and~~on ~~retail~~September ~~applications.~~8, ~~Currently~~2017 as a mobile application (“app”) company focused on ~~further~~utility/entertainment ~~development~~apps offor ~~fare~~Google’s ~~aggregators~~Android and ~~travel~~Apple’s ~~metasearch~~iOS ~~engines~~platforms. In December 2017, ~~Startech~~Analog ~~Labs~~Nest ~~owns~~acquired ~~and~~the ~~operates~~following ~~international~~apps: ~~online~~Old ~~travel~~Fart ~~and~~Booth, ~~hospitality~~Old ~~web~~Fart ~~portals~~Booth ~~where~~Pro, ~~users~~Ugly ~~can~~Face ~~search~~Booth, ~~for~~Ugly ~~flights~~Santa ~~and~~Booth, ~~hotels~~Baldy ~~and~~– ~~select~~Bald ~~the~~Photo ~~most~~Booth, ~~economical~~Fatty ~~options~~– Make Funny Fat Faces, Slender Man Scary Prank, Anime Booth, Anime Booth Free, Minecart Mayhem, Pimp My Pet, Pimp My Dog, Cavity Detector – Scary Prank, Mustacher, Alex From Target, A Farm Animal Salon, Mustacher Pro, Pimp My Cat, and Animal Dress Up Salon.

~~Results~~On June 26, 2019, a majority of ~~Operations~~our stockholders and our board of directors approved a change of name of our company to “Startech Labs, Inc.” and a reverse stock split of our issued and outstanding shares of common stock on a ninety-five (95) old for one (1) new basis. The name change and reverse stock split became effective on July 17, 2019.

~~The~~We ~~following~~have ~~summary~~not ofdeclared ~~our~~bankruptcy, ~~operations~~been ~~should~~involved ~~be read~~ in ~~conjunction~~receivership ~~with~~or ~~our~~any ~~unaudited~~similar ~~financial statements for the three months ended August 31, 2024 and 2023~~proceeding.

~~Three~~Our ~~months~~office ~~ending~~is ~~August~~located 31at 244 Madison Avenue, ~~2024~~New ~~compared~~York, toNY ~~three~~10016-2817 ~~months~~and ~~ending~~our ~~August~~telephone ~~31,~~number ~~2023:~~is (802) 255-4212. We do not own any property and we do not have a corporate website.

	For the Three Months Ended
	August 31,			August 31,
	2024			2023			Change			%
Operating Expenses	$	17,538		$	19,338		$	(1,800	)	(9%)
Other expense		7,448			7,448			-			-
Net Loss	$	(24,986	)	$	(26,786	)	$	1,800		(7%)

Our Current Business

~~Net~~Startech ~~loss~~Labs ~~totaled~~develops ~~$24,986~~customized ~~for~~web ~~the~~solutions ~~three~~with ~~months~~both ~~ended~~commercial ~~August~~and ~~31,~~retail ~~2024,~~applications. ~~compared~~Currently tofocused aon ~~net~~further ~~loss~~development ~~for~~of ~~the~~fare ~~three~~aggregators ~~months~~and ~~ended~~travel ~~August~~metasearch 31engines, ~~2023~~Startech ofLabs ~~$26,786.~~owns ~~The~~and ~~decrease~~operates ininternational ~~net~~online ~~loss~~travel ~~was~~and ~~mainly~~hospitality ~~due~~web toportals ~~the~~where ~~decrease~~users incan ~~professional~~search ~~fees~~for flights and hotels and select the most economical options.

~~Liquidity~~Results ~~and~~of ~~Capital Resources~~Operations

~~Working~~The ~~Capital~~following summary of our operations should be read in conjunction with our unaudited financial statements for the six months ended November 30, 2024 and 2023.

	August 31,			May 31,
	2024			2024			Change
Current Assets	$	-		$	-		$	-
Current Liabilities	$	398,699		$	373,713		$	24,986
Working Capital Deficiency	$	(398,699	)	$	(373,713	)	$	(24,986	)

Table of Contents

13Three ~~Table~~months ofending ~~Contents~~November 30, 2024 compared to three months ending November 30, 2023:

The increase in working capital deficiency during the three months ended August 31, 2024 was primarily a result of an increase of due to related parties and accrued interest payable.

	For the Three Months Ended
	November 30,			November 30,
	2024			2023			Change			%
Operating Expenses	$	4,559		$	6,233		$	(1,674	)	(27		%)
Other expense		7,368			7,368			-			-
Net Loss	$	(11,927	)	$	(13,601	)	$	1,674		(12		%)

~~Cash~~Net ~~Flows~~loss totalled $11,927 for the three months ended November 30, 2024, compared to a net loss for the three months ended November 30, 2023 of $13,601. The decrease in net loss was mainly due to the decrease in professional fees.

	For the Three Months Ended
	August 31,			August 31,
	2024			2023
Cash Flows used in Operating Activities	$	(16,631	)	$	(16,580	)
Cash Flows used in Investing Activities		-			-
Cash Flows from Financing Activities		16,631			16,580
Net Change in Cash and Cash Equivalents	$	-		$	-

Six months ending November 30, 2023 compared to six months ending November 30, 2022:

Cash Flow from Operating Activities

	For the Six Months Ended
	November 30,			November 30,
	2024			2023			Change			%
Operating Expenses	$	22,097		$	25,571		$	(3,474	)	(14		%)
Other expense		14,816			14,816			-			-
Net Loss	$	(36,913	)	$	(40,387	)	$	3,474		(9		%)

~~During~~Net loss totalled $36,913 for the ~~three~~six months ended ~~August~~November 3130, 2024, ~~our~~compared ~~Company~~to ~~used~~a ~~$16,631~~net inloss ~~cash~~for ~~from~~the ~~operating~~six ~~activities~~months ended November 30, ~~compared~~2023 toof $1640,~~580~~387. ~~cash~~The ~~used~~decrease in ~~operating~~net ~~activities~~loss ~~during~~was ~~the~~mainly ~~three~~due ~~months~~to ~~ended~~the ~~August~~decrease ~~31,~~in ~~2023~~professional fees.

~~The~~Liquidity ~~cash used from operating activities for the three months ended August 31, 2024 was attributed to a net loss of $24,986, reduced by changes in operating assets~~ and ~~liabilities~~Capital ~~of $8,355.~~Resources

~~The~~Working ~~cash used from operating activities for the three months ended August 31, 2023 was attributed to a net loss of $26,786, reduced by changes in operating assets and liabilities of $10,206.~~Capital

Cash Flow from Investing Activities

	November 30,			May 31,
	2024			2024			Change
Current Assets	$	-		$	-		$	-
Current Liabilities	$	410,626		$	373,713		$	36,913
Working Capital Deficiency	$	(410,626	)	$	(373,713	)	$	(36,913	)

~~During~~The increase in working capital deficiency during the ~~three~~six months ended ~~August~~November 3130, 2024 ~~and~~was ~~August~~primarily ~~31,~~a ~~2023,~~result ~~our~~of ~~company~~an ~~did~~increase ~~not~~of ~~use~~due ~~any~~to ~~cash~~related inparties ~~investing~~and ~~activities.~~accrued interest payable.

Cash ~~Flow from Financing Activities~~Flows

During the three months ended August 31, 2024 and August 31, 2023, our company received $16,631 and $16,580 from director’s advancement, respectively.

	For the Six Months Ended
	November 30,			November 30,
	2024			2023
Cash Flows used in Operating Activities	$	(17,681	)	$	(22,617	)
Cash Flows used in Investing Activities		-			-
Cash Flows from Financing Activities		17,681			22,617
Net Change in Cash and Cash Equivalents	$	-		$	-

~~Off-Balance~~13 ~~Sheet~~Table ~~Arrangements~~of Contents

WeCash ~~have~~Flow nofrom ~~off-balance~~Operating sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to stockholders.Activities

~~Going~~During ~~Concern~~the six months ended November 30, 2024, our Company used $17,681 in cash from operating activities, compared to $22,617 cash used in operating activities during the six months ended November 30, 2023.

WeThe ~~have~~cash ~~incurred~~used ~~net~~from ~~loss~~operating ~~since~~activities ~~our~~for ~~inception~~the onsix ~~April~~months ~~20,~~ended ~~2013~~November ~~through August 31~~30, 2024 ~~totaling~~was ~~$39,113,969~~attributed ~~and~~to ~~have~~a ~~completed~~net ~~only~~loss ~~the preliminary stages~~ of ~~our~~$36,913, ~~business~~reduced ~~plan.~~by Wechanges ~~anticipate incurring additional losses before realizing any revenues and will depend on additional financing~~ in ~~order~~operating toassets ~~meet our continuing obligations~~ and ~~ultimately,~~liabilities ~~to attain profitability. Our ability to obtain additional financing, whether through the issuance~~ of ~~additional equity or through the assumption of debt~~$19, ~~is uncertain~~232. Accordingly, our independent auditors’ report on our financial statements for the year ended May 31, 2024 includes an explanatory paragraph regarding concerns about our ability to continue as a going concern, including additional information contained in the notes to our financial statements describing the circumstances leading to this disclosure. The financial statements do not include any adjustments that might result from the uncertainty about our ability to continue our business.

14The ~~Table~~cash used from operating activities for the six months ended November 30, 2024 was attributed to a net loss of ~~Contents~~$40,387, reduced by changes in operating assets and liabilities of $17,770.

~~Recently~~Cash ~~Issued~~Flow ~~Accounting~~from ~~Pronouncements~~Investing Activities

WeDuring ~~do not expect~~ the ~~adoption~~six ofmonths ~~any~~ended ~~recently~~November ~~issued~~30, ~~accounting~~2024 ~~pronouncements~~and to2023, ~~have a significant impact on~~ our ~~net~~company ~~results~~did ofnot ~~operations,~~use ~~financial~~any ~~position,~~cash orin ~~cash~~investing ~~flows~~activities.

Cash Flow from Financing Activities

During the six months ended November 30, 2024 and 2023, our company received $17,681 and $22,617 from director’s advancement, respectively.

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to stockholders.

Going Concern

We have incurred net loss since our inception on April 20, 2013 through November 30, 2024 totalling $39,125,896 and have completed only the preliminary stages of our business plan. We anticipate incurring additional losses before realizing any revenues and will depend on additional financing in order to meet our continuing obligations and ultimately, to attain profitability. Our ability to obtain additional financing, whether through the issuance of additional equity or through the assumption of debt, is uncertain. Accordingly, our independent auditors’ report on our financial statements for the year ended May 31, 2024 includes an explanatory paragraph regarding concerns about our ability to continue as a going concern, including additional information contained in the notes to our financial statements describing the circumstances leading to this disclosure. The financial statements do not include any adjustments that might result from the uncertainty about our ability to continue our business.

Recently Issued Accounting Pronouncements

We do not expect the adoption of any recently issued accounting pronouncements to have a significant impact on our net results of operations, financial position, or cash flows.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

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

Item 4. Controls and Procedures

Disclosure Controls and Procedures

Our management, with the participation of our Chief Executive Officer (our principal executive officer, principal financial officer and principal accounting officer), has evaluated the effectiveness of our disclosure controls and procedures (as defined in Rules 13a- 15(e) and 15d- 15(e) under the Securities Exchange Act of 1934, as amended (Exchange Act)), as of the end of the period covered by this Quarterly Report on Form 10-Q. Based on such evaluation, our Chief Executive Officer has concluded that as of such date, our disclosure controls and procedures were not effective such that the information relating to us required to be disclosed in our Securities and Exchange Commission (“SEC”) reports (i) is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms, and (ii) is accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate to allow timely decisions regarding required disclosure.

Changes in Internal Control Over Financial Reporting

During the period covered by this report there were no changes in our internal control over financial reporting that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

1514 Table of Contents

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

We know of no material, existing or pending legal proceedings against our Company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered beneficial shareholder, is an adverse party or has a material interest adverse to our interest.

Item 1A. Risk Factors

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

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

None.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

Not applicable.

Item 5. Other Information

None

1615 Table of Contents

Item 6. Exhibits

		INCORPORATED BY REFERENCE
EXHIBITNUMBER	Exhibit Description	Form	Exhibit	FilingDate
(3)	(i) Articles of Incorporation, (ii) Bylaws
3.1*	Articles of Incorporation	10-K	3.1	August 21, 2019
3.2	By-Laws	S-1	3.2	August 16, 2013
3.3*	Certificate of Amendment	10-K	3.3	August 21, 2019
(31)	(i) Rule 13a-14(a)/15d-14(a) Certifications, (ii) Rule 13a-14/15d-14 Certifications
31.1*	Rule 13(a)-14(a)/15(d)-14(a) Certification of Chief Executive Officer and Chief Financial Officer
(32)	Section 1350 Certifications
32.1**	Section 1350 Certification of Chief Executive Officer and Chief Financial Officer
(100)	Interactive Data File
101.INS**	XBRL Instance Document
101.SCH**	XBRL Taxonomy Extension Schema Document
101.CAL**	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF**	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB**	XBRL Taxonomy Extension Label Linkbase Document
101.PRE**	XBRL Taxonomy Extension Presentation Linkbase Document

_________

*Filed herewith.

**Furnished herewith.

1716 Table of Contents

SIGNATURES

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

		STARTECH LABS, INC.
		(Registrant)
Dated: October 2, 2024		/s/ Kevin So
Dated: December 31, 2024		/s/ Kevin So
		Kevin So
		President, Chief Executive Officer, Secretary and Director
		(Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer)
		(Principal Executive Officer, PrincipalFinancial Officer and Principal Accounting Officer)

1817

Filing Compare · Greentech Innovations, Inc.