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 October 31, 2021
	For the quarterly period ended January 31, 2022
or
☐	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the transition period from _____ to _____

Commission File Number: 000-52362

WORLDWIDE STRATEGIES INC.

(Exact Name of Registrant as Specified in its Charter)

Nevada

41-0946897

(State or other jurisdiction of

incorporation or organization)

(I.R.S. Employer

Identification No.)

1961 NW 150 AVENUE, SUITE 205

PEMBROKE PINES, FL

33028

(Address of principal executive offices)

(Zip code)

1 844 500 9974

(Registrant’s telephone number, including area code)

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

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

Common Stock, $0.001 par value	WWSG	OTC

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, a smaller reporting company or, an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company”, and “emerging growth company”, in Rule 12b-2 of the Exchange Act.

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

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

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

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

~~Securities~~As ~~registered~~of ~~pursuant to~~March ~~Section~~11, ~~12(g)~~2022, there were 19,830,679 shares of the ~~Act:~~registrant’s common stock, $0.001 par value, outstanding.

Title of each class	Trading Symbol (s)	Name of each exchange on which registered
Common Stock, $0.001 par value	WWSG	OTC

As of December 10, 2021, there were 19,830,679 shares of the registrant’s common stock, $0.001 par value, outstanding.

TABLE OF CONTENTS

	Part I. Financial Information	Page No.
Item 1.	Financial Statements of Worldwide Strategies, Inc.	1
	Condensed Balance Sheets - October 31, 2021 (Unaudited) and July 31, 2021	1
	Balance Sheets - January 31, 2022 (Unaudited) and July 31, 2021	3
	Condensed Statements of Operations - Three Months Ended October 31, 2021 and 2020 (Unaudited)	2
	Statements of Operations - Three and Six Months Ended January 31, 2022 and 2021 (Unaudited)	4
	Condensed Statement of Changes in Stockholders’ Deficit - Three Months Ended October 31, 2021 and 2020 (Unaudited)	3
	Statement of Changes in Stockholders’ Deficit - Six Months Ended January 31, 2022 and 2021 (Unaudited)	5
	Condensed Statements of Cash Flows - Three Months Ended October 31, 2021 and 2020 (Unaudited)	4
	Statements of Cash Flows - Three and Six Months Ended January 31, 2022 and 2021 (Unaudited)	6
	Notes to Financial Statements - Three Months Ended October 31, 2021 and 2020 (Unaudited)	5
	Notes to Financial Statements - Three Months Ended January 31, 2022 and 2021 (Unaudited)	7
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	1011
Item 3.	Quantitative and Qualitative Disclosures about Market Risk	1112
Item 4.	Controls and Procedures	1112
	Part II. Other Information
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	1213
Item 5.	Other Information	1213
Item 6.	Exhibits	1213
SIGNATURES		1314

PART I. FINANCIAL INFORMATION

Item 1. Financial Statements of Worldwide Strategies, Inc.

Worldwide Strategies, Inc.

Condensed Balance Sheets

October 31, 2021 and July 31, 2021

	October 31, 2021 (Unaudited)			July 31, 2021 (Audited)
Assets
Current Assets:
Cash	$	–		$	–
Total assets	$	–		$	–
Liabilities and Stockholders' Deficit
Current Liabilities:
Accounts payable	$	42,967		$	42,967
Accrued liabilities		388,129			375,504
Convertible notes payable, in default		452,406			452,406
Convertible notes payable, related party - in default		40,000			40,000
Total current liabilities		923,502			910,877
Long term notes payable - related party		28,058			14,577
Total Liabilities		951,560			925,454
Stockholders' deficit:
Preferred Stock; $.001 par value; 25,000,000 shares authorized		–			–
Series A, 5,000,000 shares issued and outstanding		5,000			5,000
Series B, 270,000 shares issued and outstanding		270			270
Common stock, $.001 par value, 975,000,000 shares authorized 19,830,679 shares issued and outstanding, respectively		19,831			19,831
Additional paid-in capital		14,497,273			14,497,273
Accumulated deficit		(15,473,934	)		(15,447,828	)
Total Stockholders' Deficit		(951,560	)		(925,454	)
Total Liabilities and Stockholders' Deficit	$	–		$	–

See accompanying notes to condensed financial statements.

Worldwide Strategies, Inc.

Condensed Statements of Operations

For the three months ended October 31, 2021 and 2020

(Unaudited)

	Three Months Ended October 31,
	2021			2020
Operating expenses:
Other general and administrative expenses	$	13,885		$	300
Total operating expenses		13,885			300
Loss from operations		(13,885	)		(300	)
Other expense:
Interest expense		(12,221	)		(11,900	)
Loss before income taxes		(26,106	)		(12,200	)
Income tax provision		–			–
Net loss	$	(26,106	)	$	(12,200	)
Basic and diluted loss per share	$	(0.00	)	$	(0.00	)
Basic and diluted weighted average common shares outstanding		19,830,679			19,830,679

See accompanying notes to condensed financial statements.

~~Worldwide~~PART ~~Strategies, Inc~~1. FINANCIAL INFORMATION

~~Condensed Statements~~Item of1. ~~Changes~~Financial ~~in Stockholders’ Deficit~~Statements

~~For~~Worldwide ~~the three months ended October 31~~Strategies, ~~2021 and 2020~~Inc.

~~(Unaudited)~~Balance Sheets

	Preferred Stock							Common Stock
		Series A			Series B								Additional
		Shares		Par Value	Shares		Par Value		Shares		Par Value		Paid-In Capital		Accumulated Deficit			Total
Balance July 31, 2020		1,491,743	$	1,492	270,000	$	270		19,830,679	$	19,831	$	13,185,185	$	(14,070,055	)	$	(863,277	)
Net Loss		–		–	–		–		–		–		–		(12,200	)		(12,200	)
Balance October 31, 2020		1,491,743	$	1,492	270,000	$	270		19,830,679	$	19,831	$	13,185,185	$	(14,082,255	)	$	(875,477	)

January 31, 2022 and July 31, 2021

	Preferred Stock									Common Stock
	January 31, 2022 (Unaudited)			July 31, 2021 (Audited)
		Series A					Series B								Additional
Assets
		Shares			Par Value		Shares		Par Value		Shares		Par Value		Paid-In Capital		Accumulated Deficit			Total
Current Assets:
Balance at July 31, 2021		5,000,000		$	5,000		270,000	$	270		19,830,679	$	19,831	$	14,497,273	$	(15,447,828	)	$	(925,454	)
Cash	$	–		$	–
Net Loss		–			–		–		–		–		–		–		(26,106	)		(26,106	)
Total assets	$	–		$	–
Balance October 31, 2021		5,000,000		$	5,000		270,000	$	270		19,830,679	$	19,831	$	14,497,273	$	(15,473,934	)	$	(951,560	)
Liabilities and Stockholders' Deficit
Current Liabilities:
Accounts payable	$	42,967		$	42,967
Accrued liabilities		400,028			375,504
Convertible notes payable, in default		452,406			452,406
Convertible notes payable, related party - in default		40,000			40,000
Total current liabilities		935,401			910,877
Long term notes payable - related party		31,952			14,577
Total Liabilities		967,353			925,454
Stockholders' deficit:
Preferred Stock; $.001 par value; 25,000,000 shares authorized
Series A, 5,000,000 shares issued and outstanding		5,000			5,000
Series B, 270,000 shares issued and outstanding		270			270
Common stock, $.001 par value, 975,000,000 shares authorized 19,830,679 shares issued and outstanding, respectively		19,831			19,831
Additional paid-in capital		14,497,273			14,497,273
Accumulated deficit		(15,489,727	)		(15,447,828	)
Total Stockholders' Deficit		(967,353	)		(925,454	)
Total Liabilities and Stockholders' Deficit	$	–		$	–

See accompanying notes to condensed financial statements.

Worldwide Strategies, Inc.

~~Condensed Statements~~Statement of ~~Cash Flows~~Operations

For the three and six months ended ~~October~~January 31, ~~2021~~ 2022 and ~~2020~~2021

	Three Months Ended October 31,
	2021			2020
Cash flows from operating activities:
Net loss	$	(26,106	)	$	(12,200	)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock Based Compensation		–			–
Accrued liabilities		12,625			11,900
Net cash used in operating activities		(13,481	)		(300	)
Cash flows from financing activities:
Related party loans		13,481			300
Net cash provided by financing activities		13,481			300
Net cash provided by investing activities		–			–
Net increase in cash		–			–
Cash, beginning of period		–			–
Cash, end of period	$	–		$	–
Supplemental disclosure of cash flow information:
Cash paid for taxes	$	–		$	–
Cash paid for interest	$	–		$	–

(Unaudited)

See accompanying notes to condensed financial statements.


	Three Months Ended January 31,						Six Months Ended January 31,
	2022			2021			2022			2021
Operating expenses:
Other general and administrative expenses	$	3,330		$	300		$	17,215		$	600
Total operating expenses		3,330			300			17,215			600
Loss from operations		(3,330	)		(300	)		(17,215	)		(600	)
Other expense:
Interest expense		(12,463	)		(11,900	)		(24,684	)		(23,800	)
Total other expenses		(12,463	)		(11,900	)		(24,684	)		(23,800	)

Loss before income taxes		(15,793	)		(12,200	)		(41,899	)		(24,400	)
Income tax provision		–			–			–			–
Net loss	$	(15,793	)	$	(12,200	)	$	(41,899	)	$	(24,400	)

Basic and diluted loss per share	$	0.00		$	0.00		$	0.00		$	0.00

Basic and diluted weighted average common shares outstanding		19,830,679			19,830,679			19,830,679			19,830,679

4See accompanying notes to condensed financial statements.

~~Worldwide Strategies, Inc.~~4

~~NOTES~~Worldwide TOStrategies, ~~FINANCIAL STATEMENTS~~Inc.

~~FOR~~Statement ~~THE~~of ~~THREE~~Changes ~~MONTHS~~in ~~ENDED OCTOBER 31, 2021~~Stockholders’ ~~and 2020~~Deficit

~~(Unaudited)~~For the three and six months ended January, 2021 and 2020

~~Note 1 – Organization and Basis of Presentation,~~ (Unaudited)

Organization and Basis of Presentation


	Preferred Stock								Common Stock
	Series A				Series B
	Shares		Par Value		Shares		Par Value		Shares		Par Value		Additional Paid-In Capital		Accumulated Deficit			Total


Balance July 31, 2020		1,491,743	$	1,492		270,000	$	270		19,830,679	$	19,831	$	13,185,185	$	(14,070,055	)	$	(863,277	)
Net Loss		–		–		–		–		–		–		–		(12,200	)		(12,200	)
Balance October 31, 2020		1,491,743	$	1,492		270,000	$	270		19,830,679	$	19,831	$	13,185,185	$	(14,082,255	)	$	(875,477	)

Net Loss		–		–		–		–		–		–		–		(12,200	)		(12,200	)
Balance January 31, 2021		1,491,743	$	1,492		270,000	$	270		19,830,679	$	19,831	$	13,185,185	$	(14,094,455	)	$	(887,677	)

Worldwide Strategies Incorporated (“WWSG” or the “Company”) was incorporated under the laws of the State of Nevada on April 6, 1998 and ceased operations in 2015. The Company fully impaired all assets since the shutdown of its operations in 2015. On May 7, 2019, the eight judicial District Court of Nevada appointed Small Cap Compliance, LLC (“Custodian”) as custodian for Worldwide Strategies Incorporated., proper notice having been given to the officers and directors of Worldwide Strategies Incorporated with no opposition. On July 10, 2019, the Company filed a Certificate of Reinstatement with the state of Nevada.

	Preferred Stock								Common Stock
	Series A				Series B
	Shares		Par Value		Shares		Par Value		Shares		Par Value		Additional Paid-In Capital		Accumulated Deficit			Total
Balance at July 31, 2021		5,000,000	$	5,000		270,000	$	270		19,830,679	$	19,831	$	14,497,273	$	(15,447,828	)	$	(925,454	)
Net Loss		–		–		–		–		–		–		–		(26,106	)		(26,106	)
Balance October 31, 2021		5,000,000	$	5,000		270,000	$	270		19,830,679	$	19,831	$	14,497,273	$	(15,473,934	)	$	(951,560	)

Net Loss		–		–		–		–		–		–		–		(15,793	)		(15,793	)
Balance January 31, 2022		1,491,743	$	1,492		270,000	$	270		19,830,679	$	19,831	$	13,185,185	$	(15,489,727	)	$	(967,353	)

~~The~~See accompanying ~~financial~~notes statements are prepared on the basis of accounting principles generally accepted in the United States of America (“GAAP”) and have been prepared assuming the continuation of the Company as a going concern. The Company has not yet established an ongoing source of revenues sufficient to ~~cover~~condensed its operating costs and is dependent on debt and equity financing to fund its operations. Management of the Company is making efforts to raise additional funding until a registration statement relating to an equity funding facility is in effect. While management of the Company believes that it will be successful in its capital formation and planned operating activities, there can be no assurance that the Company will be able to raise additional equity capital or be successful in the development and commercialization of the products it develops or initiates collaboration agreements thereon. The accompanying financial ~~statements do not include any adjustments~~ to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the possible inability of the Company to continue as a going concernstatements.

~~Note 2 – Summary of significant accounting policies~~5

~~Cash~~Worldwide Strategies, ~~and Cash Equivalents~~Inc.

~~The~~Statement ~~Company doesn’t maintain any bank accounts and does not have any cash in hand. For day-to-day business activities, the Company depends upon the directors’ personal accounts. For purposes~~ of ~~reporting~~Cash within the statements of cash flows, the Company considers all cash on hand, cash accounts not subject to withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with a maturity of three months or less to be cash and cash equivalents.Flows

~~Use~~For ofthe ~~Estimates~~six months ended January 31, 2022 and 2021

The preparation of financial statements in conformity with 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 revenue and expenses during the reporting period. Actual results could differ from those estimates.(Unaudited)

Loss per Common Share


	Six Months Ended January 31,
	2022			2021
Cash flows from operating activities:
Net loss	$	(41,899	)	$	(24,400	)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock Based Compensation		–			–
Accrued liabilities		24,524			23,800
Net cash used in operating activities		(17,375	)		(600	)

Cash flows from financing activities:
Related party loans		17,375			600
Net cash provided by financing activities		17,375			600

Net increase in cash		–			–

Cash, beginning of period		–			–
Cash, end of period	$	–		$	–

Supplemental disclosure of cash flow information:

Cash paid for taxes	$	–		$	–

Cash paid for interest	$	–		$	–

~~Net~~See ~~loss~~accompanying ~~per~~notes common share is computed by dividing net loss by the weighted average number of common shares outstanding for the period. As a result, diluted loss per common share is the same as basic loss per common share for the three months ended October 31, 2021 and 2020. Excluded from the weighted average common shares outstanding amount is convertible preferred stock equivalent to ~~301,250,000~~condensed ~~and~~financial ~~convertible debt equivalent to 45,393,500 common shares as the effect of these on the computation of net loss per share would have been anti-dilutive~~statements.

~~Income~~Worldwide ~~Taxes~~Strategies, Inc.

~~The~~NOTES ~~Company~~TO ~~accounts~~FINANCIAL for income taxes pursuant to FASB ASC Topic 740, Income Taxes. Under FASB ASC Topic 740, deferred tax assets and liabilities are determined based on temporary differences between the bases of certain assets and liabilities for income tax and financial reporting purposes. The deferred tax assets and liabilities are classified according to the financial statement classification of the assets and liabilities generating the differences.STATEMENTS

~~The~~FOR ~~Company~~THE ~~maintains~~THREE aMONTHS ~~valuation~~ENDED ~~allowance with~~JANUARY ~~respect~~31, ~~to deferred tax assets. The Company establishes a valuation allowance based upon the potential likelihood of realizing the~~2022 ~~deferred tax asset~~ and taking into consideration the Company’s financial position and results of operations for the current period. Future realization of the deferred tax benefit depends on the existence of sufficient taxable income within the carry-forward period under the Federal tax laws.2021

Changes in circumstances, such as the Company generating taxable income, could cause a change in judgment about the reliability of the related deferred tax asset. Any change in the valuation allowance will be included in income in the year of the change in estimate.(Unaudited)

~~Fair~~Note ~~Value~~1 – Organization and Basis of ~~Financial~~Presentation, ~~Instruments~~

OnOrganization ~~August 1, 2012, the Company adopted ASC 820, Fair Value Measurements~~ and ~~Disclosures.~~Basis ~~ASC 820 defines fair value, establishes a three-level valuation hierarchy for disclosures~~ of ~~fair value measurement and enhances disclosure requirements for fair value measures. The three levels are defined as follows:~~Presentation

☐Worldwide ~~Level~~Strategies 1Incorporated ~~inputs~~(“WWSG” or to the ~~valuation~~“Company”) ~~methodology~~was ~~are~~incorporated ~~quoted~~under ~~prices~~the ~~(unadjusted)~~laws ~~for~~of ~~identical~~the ~~assets~~State orof ~~liabilities~~Nevada inon ~~active~~April ~~markets.~~6, ☐1998 ~~Level~~and 2ceased ~~inputs~~operations toin ~~the~~2015. ~~valuation~~The Company ~~methodology~~fully ~~include~~impaired ~~quoted~~all ~~prices~~assets ~~for~~since ~~similar~~the ~~assets~~shutdown ~~and~~of ~~liabilities~~its operations in ~~active~~2015. ~~markets~~On May 7, ~~and~~2019, ~~inputs~~the ~~that~~eight ~~are~~judicial ~~observable~~District ~~for~~Court ~~the~~of ~~asset~~Nevada appointed orSmall ~~liability~~Cap Compliance, ~~either~~LLC ~~directly~~(“Custodian”) oras ~~indirectly,~~custodian for ~~substantially~~Worldwide Strategies Incorporated., proper notice having been given to the ~~full~~officers ~~term~~and directors of ~~the~~Worldwide ~~financial~~Strategies ~~instrument.~~Incorporated ☐with ~~Level~~no 3opposition. ~~inputs~~On toJuly ~~valuation~~10, ~~methodology~~2019, ~~are~~the ~~unobservable~~Company ~~and~~filed a ~~significant~~Certificate toof Reinstatement with the ~~fair~~state ~~measurement~~of Nevada.

The ~~following~~accompanying ~~tables~~financial ~~represent our~~statements ~~assets~~are prepared on the basis of accounting principles generally accepted in the United States of America (“GAAP”) and ~~liabilities~~have bybeen prepared ~~level~~assuming ~~measured~~the atcontinuation ~~fair~~of ~~value~~the Company as a going concern. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and is dependent on debt and equity financing to fund its operations. Management of the Company is making efforts to raise additional funding until a ~~recurring~~registration ~~basis~~statement atrelating ~~October~~to ~~31,~~an ~~2021~~equity funding facility is in effect. While management of the Company believes that it will be successful in its capital formation and ~~July~~planned 31operating activities, ~~2021:~~ there can be no assurance that the Company will be able to raise additional equity capital or be successful in the development and commercialization of the products it develops or initiates collaboration agreements thereon. The accompanying financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the possible inability of the Company to continue as a going concern.

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Fair Value Measurements at October 31, 2021

Level 1

Level 2

Level 3

Description

Convertible Debt

–

492,406

–

Total Liabilities

–

492,406

–

Totals

–

492,406

–

Note 2 – Summary of significant accounting policies

Fair Value Measurements at July 31, 2021

Level 1

Level 2

Level 3

Description

Convertible Debt

–

492,406

–

Total Liabilities

–

492,406

–

Totals

–

492,406

–

Cash and Cash Equivalents

~~Reclassifications~~The Company doesn’t maintain any bank accounts and does not have any cash in hand. For day-to-day business activities, the Company depends upon the directors’ personal accounts. For purposes of reporting within the statements of cash flows, the Company considers all cash on hand, cash accounts not subject to withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with a maturity of three months or less to be cash and cash equivalents.

~~Certain~~Use ~~reclassifications have~~of ~~been made to the prior year presentation to conform to the current year presentation.~~Estimates

~~Recent~~The ~~Accounting~~preparation of ~~Pronouncements~~financial statements in conformity with 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 revenue and expenses during the reporting period. Actual results could differ from those estimates.

~~The~~Loss ~~Company~~per ~~reviewed~~Common ~~all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company.~~ Share

6Net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding for the period. As a result, diluted loss per common share is the same as basic loss per common share for the three and six months ended January 31, 2022 and 2021. Excluded from the weighted average common shares outstanding amount is convertible preferred stock equivalent to 301,250,000 and convertible debt equivalent to 45,393,500 common shares as the effect of these on the computation of net loss per share would have been anti-dilutive.

~~Note~~Income ~~3- Going Concern~~Taxes

~~For~~The ~~the~~Company ~~three~~accounts ~~months~~for ~~ended~~income ~~October~~taxes ~~31,~~pursuant ~~2021~~to ~~and~~FASB ~~2020~~ASC weTopic ~~incurred net losses of approximately $26~~740,~~000~~ Income ~~and $12,000 respectively~~Taxes. AsUnder ofFASB ~~October~~ASC ~~31,~~Topic ~~2021~~740, wedeferred ~~had~~tax noassets ~~cash on hand~~ and ~~current~~ liabilities ofare ~~$0.9~~determined ~~million.~~based Ason oftemporary ~~July~~differences ~~31,~~between ~~2021,~~the webases ~~had~~of nocertain ~~cash~~assets ~~on hand~~ and ~~current~~ liabilities offor ~~$0.9~~income ~~million.~~tax ~~These losses~~and ~~combined~~financial ~~with~~reporting ~~our current liabilities cast significant doubt on the company’s ability to operate under the going concern~~purposes. The ~~ability to continue as a going concern is dependent upon the Company generating profitable operations in the future~~ ~~and/or~~deferred ~~obtaining~~tax ~~the~~assets ~~necessary financing to meet its obligations~~ and ~~repay its~~ liabilities ~~arising~~are ~~from~~classified ~~normal~~according ~~business operations when they come due. Management intends~~ to ~~finance operating costs over~~ the ~~next~~financial ~~twelve~~statement ~~months~~classification ~~with loans from directors and/or private placement~~ of ~~common stock. The failure to achieve~~ the ~~necessary~~assets ~~levels~~and ofliabilities ~~profitability or obtaining additional funding~~generating ~~would be detrimental to~~ the ~~Company~~differences.

~~Note~~The 4Company –maintains ~~Related~~a ~~party~~valuation ~~transactions~~allowance with respect to deferred tax assets. The Company establishes a valuation allowance based upon the potential likelihood of realizing the deferred tax asset and taking into consideration the Company’s financial position and results of operations for the current period. Future realization of the deferred tax benefit depends on the existence of sufficient taxable income within the carry-forward period under the Federal tax laws.

The Company’s CFO has provided office space at no cost to the Company. Our CEO and CFO incurred expenses on behalf of the Company amounting to approximately $14,000 during the three months ending October 31, 2021. As of October 31, 2021 total amounts due to our CEO and CFO are approximately $28,000. These amounts are due on December 31, 2022 and bear interest at eight percent per annum. These amounts are included within long term notes payable - related party on the accompanying condensed balance sheet.7

AsChanges ofin ~~October 31~~circumstances, ~~2021~~such ~~and~~as ~~July 31, 2021,~~ the Company ~~had~~generating ataxable ~~convertible promissory note in the principal outstanding balance of $40~~income,~~000, payable~~ tocould acause ~~shareholder. Such note bears interest at nine percent per annum with~~ a ~~maturity~~change ~~date~~in ofjudgment ~~July~~about ~~31, 2015. The principal and accrued interest is convertible, at~~ the ~~option~~reliability of the ~~holder,~~ ~~into~~related ~~common~~deferred ~~shares~~tax ~~at $~~asset.01 ~~per~~Any ~~share.~~change in ~~This~~the ~~amount~~valuation isallowance ~~included~~will ~~within~~be ~~convertible~~included ~~notes~~in ~~payable~~income -in ~~related~~the ~~party~~year onof the ~~accompanying~~ ~~condensed~~change ~~balance~~in ~~sheet~~estimate.

~~Note~~Fair 5Value –of ~~Convertible~~Financial ~~Notes Payable~~Instruments

~~The~~On ~~Company~~August ~~has~~1, ~~convertible~~2012, ~~promissory notes that in~~ the ~~aggregate~~Company ~~result~~adopted ASC ~~in a principal outstanding balance of $160~~820,~~750 as~~ ofFair ~~October~~Value ~~31,~~Measurements ~~2021~~ and ~~July~~Disclosures. ~~31,~~ASC ~~2021,~~820 ~~respectively.~~defines ~~Interest~~fair onvalue, ~~these~~establishes ~~notes~~a ~~range~~three-level ~~from~~valuation ~~nine~~hierarchy for todisclosures ~~ten~~of ~~percent~~fair ~~per~~value ~~annum~~measurement and ~~such~~enhances ~~notes~~disclosure ~~had~~requirements ~~maturity~~for ~~dates~~fair ofvalue ~~July 31, 2015~~measures. The ~~principal~~three ~~and~~levels ~~accrued~~are ~~interest~~defined isas ~~convertible, at the option of the holder, into common shares at $.01 per share.~~follows:

~~The~~· ~~Company~~Level ~~has~~1 ~~convertible promissory~~inputs ~~notes~~to ~~that~~the invaluation ~~the~~methodology ~~aggregate~~are ~~result~~quoted inprices a(unadjusted) ~~principal~~for ~~outstanding~~identical ~~balance~~assets ofor ~~$157,945~~liabilities ~~as of~~in ~~October~~active ~~31,~~markets. ~~2021~~· ~~and~~Level ~~July~~2 ~~31,~~inputs ~~2021,~~to ~~respectively.~~the ~~Interest~~valuation onmethodology ~~these~~include ~~notes~~quoted ~~range~~prices ~~from~~for ~~eight~~similar toassets ~~ten~~and ~~percent~~liabilities ~~per~~in ~~annum~~active markets, and ~~such notes~~inputs ~~had~~that ~~maturity~~are ~~dates~~observable offor ~~July 31,~~the ~~2015.~~asset ~~The~~or ~~principal~~liability, ~~and~~either ~~accrued~~directly ~~interest~~or ~~is convertible~~indirectly, atfor substantially the ~~option~~full term of the ~~holder,~~financial ~~into~~instrument. ~~common~~· ~~shares~~Level at3 ~~$.04~~inputs ~~per share~~to valuation methodology are unobservable and significant to the fair measurement.

The ~~Company~~following ~~has~~tables ~~convertible~~represent ~~promissory~~our assets ~~notes~~and ~~that~~liabilities inby ~~the~~level ~~aggregate~~measured ~~result~~at infair avalue ~~principal~~on ~~outstanding~~a ~~balance~~recurring ofbasis ~~$50,000~~at asJanuary ~~of October~~ 31, ~~2021~~2022 and July 31, 2021, respectively. Interest on these notes are 8% per annum and such notes had maturity date of March 31, 2015. The principal and accrued interest is convertible, at the option of the holder, into non-restricted common stock in an amount equal to the total sum due, based on a mutually agreed discount (not to exceed 50%) to the then market price.:

The Company has convertible promissory notes that in the aggregate result in a principal outstanding balance of $44,711 as of October 31, 2021 and July 31, 2021, respectively. Interest on these notes are 10% per annum and such notes had maturity dates ranging from July 31, 2015 to December 31, 2015. The principal and accrued interest is convertible, at the option of the holder, into common shares at $.07 per share.

Fair Value Measurements at January 31, 2022

Level 1

Level 2

Level 3

Description

Convertible Debt

–

492,406

–

Total Liabilities

–

492,406

–

Totals

–

492,406

–

The Company has convertible promissory notes that in the aggregate result in a principal outstanding balance of $39,000 as of October 31, 2021 and July 31, 2021, respectively. Interest on these notes are 10% per annum and such notes had maturity dates ranging from July 31, 2015 to December 31, 2015. The principal and accrued interest is convertible, at the option of the holder, into common shares at $.10 per share.

Fair Value Measurements at July 31, 2021

Level 1

Level 2

Level 3

Description

Convertible Debt

–

492,406

–

Total Liabilities

–

492,406

–

Totals

–

492,406

–

Accrued interest on such notes total $388,129 and $375,504 as of October 31, 2021 and July 31, 2021, respectively and are included within accrued liabilities on the accompanying balance sheet. Based on the maturity dates of the promissory notes, all promissory notes are in default.Reclassifications

7Certain reclassifications have been made to the prior year presentation to conform to the current year presentation.

~~Note~~Recent 6Accounting ~~– Shareholders’ Equity~~Pronouncements

~~Preferred~~The ~~stock~~Company reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company.

~~The~~Note ~~Company has two classes of preferred~~3- ~~stock~~Going and is authorized to issue 25,000,000 shares of $.001 par value preferred stock. The Company's Board of Directors may divide and issue the preferred shares in series. Each Series, when issued, shall be designated to distinguish them from the shares of all other series. The relative rights and preferences of these series include preference of dividends, redemption terms and conditions, amount payable upon shares of voluntary or involuntary liquidation, terms and condition of conversion as well as voting powers.Concern

~~Series~~For Athe ~~Preferred~~three ~~Stock~~months ended January 31, 2022 and 2021 we incurred net losses of approximately $16,000 and $12,000 respectively. As of January 31, 2022, we had no cash on hand and current liabilities of approximately $1 million. As of July 31, 2021, we had no cash on hand and current liabilities of $0.9 million. These losses combined with our current liabilities cast significant doubt on the company’s ability to operate under the going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with loans from directors and/or private placement of common stock. The failure to achieve the necessary levels of profitability or obtaining additional funding would be detrimental to the Company.

~~The~~Note ~~Company~~4 is– ~~authorized~~Related toparty issue 5,000,000 shares of Convertible Series A Preferred Stock at a par value of $0.001. Each share of Series A Preferred Stock is convertible into 6.25 shares of common stock at the election of the holder. Each Series A share is entitled to 6.25 votes in any vote of the common stock holders. Series A shares are redeemable by the Company at $.50 per share with 15 days written notice. Series A shares are entitled to a 5% dividend preference and a participation interest in the remaining 95% dividend.transactions

~~Series~~The BCompany’s ~~Preferred~~CFO ~~Stock~~has provided office space at no cost to the Company. Our CEO and CFO incurred expenses on behalf of the Company amounting to approximately $3,000 during the three months ending January 31, 2022. As of January 31, 2022 total amounts due to our CEO and CFO are approximately $32,000. These amounts are due on June 30, 2023 and bear interest at eight percent per annum.

The Company is authorized to issue 5,000,000 shares of Convertible Series B Preferred Stock at a par value of $0.001. Each share of Series B Preferred Stock is convertible into 1,000 shares of common stock at the election of the holder.8

~~Common~~As ~~stock~~of January 31, 2022 and July 31, 2021, the Company had a convertible promissory note in the principal outstanding balance of $40,000, payable to a shareholder. Such note bears interest at nine percent per annum with a maturity date of July 31, 2015. The principal and accrued interest is convertible, at the option of the holder, into common shares at $.01 per share.

AsNote of5 ~~October~~– ~~31,~~Convertible ~~2021 and July 31,~~Notes ~~2021, the Company was authorized to issue 975,000,000 shares of common stock respectively. Total shares outstanding at October 31, 2021 and July 31, 2021 were 19,830,679, respectively.~~Payable

~~Note~~The 7Company -has ~~Income~~convertible ~~taxes~~promissory notes that in the aggregate result in a principal outstanding balance of $160,750 as of January 31, 2022 and July 31, 2021, respectively. Interest on these notes range from nine to ten percent per annum and such notes had maturity dates of July 31, 2015. The principal and accrued interest is convertible, at the option of the holder, into common shares at $.01 per share.

The Company ~~accounts~~has ~~for~~convertible ~~income taxes~~promissory ~~under~~notes ~~FASB~~that ~~ASC~~in ~~Topic~~the ~~740,~~aggregate ~~which~~result ~~requires~~in ~~use~~a ofprincipal ~~the~~outstanding ~~liability~~balance ~~method.~~of ~~FASB~~$157,945 ~~ASC~~as ~~Topic~~of ~~740~~January ~~provides~~31, ~~that~~2022 ~~deferred~~and ~~tax~~July ~~assets~~31, ~~and~~2021, ~~liabilities~~respectively. ~~are~~Interest ~~recorded based~~ on ~~the~~these ~~differences~~notes ~~the~~range ~~tax~~from ~~basis~~eight ofto ~~assets~~ten ~~and~~percent ~~liabilities~~per annum and ~~their~~such ~~carrying~~notes ~~amounts~~had ~~for~~maturity ~~financial~~dates ~~reporting purposes, referred to as temporary differences. As~~ of ~~October~~July 31, ~~2021,~~2015. ~~the~~The ~~Company~~principal ~~incurred a net operating loss~~ and~~, accordingly, no provision~~ ~~for~~accrued ~~income~~interest ~~taxes~~is ~~has been recorded. In addition~~convertible, noat ~~benefit~~the ~~for~~option ~~income~~of ~~taxes has been recorded due to~~ the ~~uncertainty~~holder, ofinto ~~the~~common ~~realization of~~shares ~~any~~at ~~tax~~$.04 ~~assets~~per share.

~~Based~~The onCompany ~~the~~has ~~available~~convertible ~~objective evidence,~~promissory ~~including~~notes that in the ~~Company's~~aggregate ~~history~~result in a principal outstanding balance of ~~losses~~$50,000 ~~management~~as ~~believes~~of itJanuary is31, ~~more~~2022 ~~likely~~and ~~than~~July ~~not~~31, ~~the~~2021, ~~net~~respectively. Interest ~~deferred~~on ~~tax~~these ~~assets~~notes ~~will~~are ~~not~~8% beper ~~fully realizable.~~annum ~~Accordingly,~~and ~~the~~such ~~Company~~notes ~~provided~~had ~~for~~maturity adate ~~full~~of ~~valuation~~March ~~allowance~~31, ~~against~~2015. ~~its~~The ~~net~~principal ~~deferred~~and ~~tax~~accrued ~~assets~~interest is convertible, at ~~October~~the ~~31,~~option ~~2021~~of ~~and July~~the 31holder, ~~2021.~~into ~~The~~non-restricted ~~Company~~common ~~had~~stock noin ~~uncertain~~an ~~tax~~amount ~~positions~~equal asto ofthe ~~October~~total 31sum due, ~~2021~~based ~~and~~on ~~July~~a ~~31,~~mutually ~~2021~~agreed discount (not to exceed 50%) to the then market price.

8The Company has convertible promissory notes that in the aggregate result in a principal outstanding balance of $44,711 as of January 31, 2022 and July 31, 2021, respectively. Interest on these notes are 10% per annum and such notes had maturity dates ranging from July 31, 2015 to December 31, 2015. The principal and accrued interest is convertible, at the option of the holder, into common shares at $.07 per share.

~~Note~~The 8Company –has ~~Acquisition~~convertible promissory notes that in the aggregate result in a principal outstanding balance of $39,000 as of January 31, 2022 and July 31, 2021, respectively. Interest on these notes are 10% per annum and such notes had maturity dates ranging from July 31, 2015 to December 31, 2015. The principal and accrued interest is convertible, at the option of the holder, into common shares at $.10 per share.

OnAccrued ~~May~~interest ~~29,~~on ~~2021,~~such ~~the~~notes ~~Company~~total $400,028 ~~entered~~and ~~into~~$375,504 aas ~~binding letter~~ of ~~intent~~January ~~(the~~31, ~~“LOI”)~~2022 ~~with~~and ~~Fitwell~~July ~~Limited~~31, a2021, ~~company~~respectively ~~organized~~and ~~under~~are ~~the~~included ~~laws~~within ofaccrued ~~the~~liabilities ~~United~~on ~~Kingdom~~the ~~(“Fitwell”)~~accompanying tobalance ~~acquire~~sheet. ~~Fitwell~~Based ~~and~~on ~~its~~the ~~fitness~~maturity ~~and~~dates ~~nutrition app, that same letter~~ of ~~intent~~the ~~expired~~promissory notes, ~~pursuant~~all topromissory ~~the~~notes ~~terms~~are ~~therein~~in ~~on July 29, 2021~~default.

~~Subsequent~~Note ~~thereto,~~6 on– September 24, 2021, the Company entered into a contingent Stock Purchase Agreement (the “Agreement”) with Fitwell pursuant to which we have agreed to acquire one hundred percent of issued and outstanding shares of Fitwell for a purchase price of $1,000,000 payable in cash and our common stock. Worldwide Strategies will pay an aggregate cash purchase price of $500,000 and will issue shares of the RegistrantShareholders’~~s common stock~~ valued at $500,000 with the price per share being the price that we price our shares for sale in our planned Regulation A+ offering (“the Offering”), notwithstanding, the price of the offering, the price per share of the shares to be issued to Fitwell shall not exceed a per share price of $0.40. The acquisition is contingent on our conducting a Regulation A+ offering, wherein we raise a minimum of $2,000,000 (the “Offering”).Equity

~~The~~Preferred Fitwell shareholders will receive the cash component of our purchase price from the proceeds of our Offering and the shares to be issued shall be issued subsequent to the closing of the Offering. In connection with the Buyer’s acquisition of the Business, the Buyer and the Seller will enter into customary transition services and other ancillary arrangements. The Agreement also contains representations, warranties, covenants, indemnification obligations and closing conditions which are customary for transactions of this nature.stock

The ~~Buyer~~Company ~~and~~has ~~the~~two ~~Seller~~classes ~~have~~of ~~the~~preferred ~~right~~stock toand ~~terminate~~is ~~the~~authorized ~~Agreement prior~~ to ~~the~~issue ~~closing~~25,000,000 ~~under~~shares ~~certain~~of ~~circumstances,~~$.001 ~~including,~~par ~~without~~value ~~limitation:~~preferred ~~(i) by~~stock. ~~mutual written~~The ~~consent;~~Company's ~~(ii) by~~Board ~~either~~of ~~the~~Directors ~~Buyer~~may ordivide and issue the ~~Seller~~preferred ifshares ~~the~~in ~~closing~~series. ~~has~~Each ~~not~~Series, ~~occurred~~when onissued, orshall ~~before~~be ~~the~~designated ~~date~~to ~~that~~distinguish isthem 90from ~~days following~~ the ~~qualification~~shares of ~~the~~all ~~Registrant’s~~other ~~offering~~series. The byrelative ~~the~~rights ~~Securities~~ and ~~Exchange~~preferences ~~Commission;~~of ~~(iii) by~~these ~~the~~series ~~Seller if~~include ~~the~~preference ~~Offering~~of ~~does~~dividends, ~~not~~redemption ~~raise~~terms aand ~~minimum of $2~~conditions,~~000,000~~ inamount ~~proceeds~~payable orupon shares ~~(iv) by~~of ~~either~~voluntary ~~the Buyer~~ or ~~the~~involuntary ~~Seller~~liquidation, ifterms ~~a material breach occurs~~ and iscondition ~~not~~of ~~cured~~conversion ~~within~~as ~~the~~well ~~required~~as ~~amount~~voting ~~of time~~powers.

9Series A Preferred Stock

~~Item~~The 2Company is authorized to issue 5,000,000 shares of Convertible Series A Preferred Stock at a par value of $0.001. ~~Management’s~~Each ~~Discussion~~share ~~and~~of ~~Analysis~~Series A Preferred Stock is convertible into 6.25 shares of ~~Financial~~common ~~Condition~~stock ~~and~~at ~~Results~~the election of ~~Operations~~the holder. Each Series A share is entitled to 6.25 votes in any vote of the common stock holders. Series A shares are redeemable by the Company at $.50 per share with 15 days written notice. Series A shares are entitled to a 5% dividend preference and a participation interest in the remaining 95% dividend.

~~Cautionary~~Series ~~Statement~~B ~~Regarding~~Preferred ~~Forward-Looking~~Stock ~~Statements~~

~~This~~The ~~report~~Company ~~contains~~is ~~“forward-looking statements”~~authorized ~~within~~to ~~the~~issue ~~meaning of Section 27A of the Securities Act of 1933~~5, ~~as amended (the “Securities Act”)~~000, ~~and~~000 ~~Section~~shares ~~21E~~ of ~~the~~Convertible ~~Securities~~Series ~~Exchange~~B ~~Act~~Preferred ofStock ~~1934,~~at asa ~~amended~~par ~~(the~~value ~~“Exchange Act”). The Private Securities Litigation Reform Act~~ of ~~1995 provides a “safe harbor” for forward looking statements~~$0.001. ~~Forward-looking~~Each ~~statements~~share ~~are not statements~~ of ~~historical~~Series ~~facts,~~B ~~but~~Preferred ~~rather~~Stock ~~reflect~~is ~~our~~convertible ~~current~~into ~~expectations concerning future events and results. The words “may~~1,~~” “will,”~~000 ~~“anticipate,”~~shares ~~“should,”~~of ~~“would,”~~common ~~“believe,”~~stock ~~“contemplate,”~~at ~~“could,” “project,”~~the ~~“predict,”~~election ~~“expect,” “estimate,” “continue,” and “intend,” as well as other similar words and expressions~~ of the ~~future, are intended to identify forward-looking statements~~holder.

Factors that may cause actual results to differ from those results expressed or implied, include, but are not limited to, those listed under “Risk Factors” in our Registration Statement on Form 10-K for the year ended July 31, 2021 filed by the Company with the Securities and Exchange Commission (the “SEC”) on October 29, 2021.9

~~These~~Common forward-looking statements generally relate to our plans, objectives and expectations for future events and include statements about our expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts. These statements are based upon our opinions and estimates as of the date they are made. Although we believe that the expectations reflected in these forward-looking statements are reasonable, such forward-looking statements are subject to known and unknown risks and uncertainties that may be beyond our control, which could cause actual results, performance and achievements to differ materially from results, performance and achievements projected, expected, expressed or implied by the forward-looking statements. While we cannot assess the future impact that any of these differences could have on our business, financial condition, results of operations and cash flows or the market price of shares of our common stock, the differences could be significant. You are cautioned not to unduly rely on such forward-looking statements when evaluating the information presented in this report and you are urged to consider all such risks and uncertainties. In light of the uncertainty inherent in such forward-looking statements, you should not consider their inclusion to be a representation that such forward-looking matters will be achieved.

~~General~~As ~~Overview~~of January 31, 2022 and July 31, 2021, the Company was authorized to issue 975,000,000 shares of common stock respectively. Total shares outstanding at January 31, 2022 and July 31, 2021 were 19,830,679, respectively.

~~Results~~Note of7 ~~operations~~- Income taxes

~~Three~~The ~~months~~Company ~~ended~~accounts ~~October~~for 31income taxes under FASB ASC Topic 740, ~~2021~~which ~~compared~~requires use of the liability method. FASB ASC Topic 740 provides that deferred tax assets and liabilities toare recorded based on the ~~three~~differences ~~months~~the ~~ended~~tax ~~October~~basis of assets and liabilities and their carrying amounts for financial reporting purposes, referred to as temporary differences. As of January 31, ~~2020~~2022, the Company incurred a net operating loss and, accordingly, no provision for income taxes has been recorded. In addition, no benefit for income taxes has been recorded due to the uncertainty of the realization of any tax assets.

~~Net~~Based ~~Loss~~on the available objective evidence, including the Company's history of losses, management believes it is more likely than not, the net deferred tax assets will not be fully realizable. Accordingly, the Company provided for a full valuation allowance against its net deferred tax assets at January 31, 2022 and July 31, 2021. The Company had no uncertain tax positions as of January 31, 2022 and July 31, 2021.

~~For~~Note ~~the~~8 ~~three~~– ~~months~~Acquisition ~~ended October 31, 2021 and 2020 we incurred net losses of approximately $26,000 and $12,000 respectively.~~

~~Revenue~~On May 29, 2021, the Company entered into a binding letter of intent (the “LOI”) with Fitwell Limited a company organized under the laws of the United Kingdom (“Fitwell”) to acquire Fitwell and its fitness and nutrition app, that same letter of intent expired, pursuant to the terms therein on July 29, 2021. Subsequent thereto, on September 24, 2021, the Company entered into a contingent Stock Purchase Agreement (the “Agreement”) with Fitwell pursuant to which we have agreed to acquire one hundred percent of issued and outstanding shares of Fitwell for a purchase price of $1,000,000 payable in cash and our common stock. The Company and Fitwell mutually agreed to rescind the Stock Purchase Agreement.

~~For~~On February 17, 2022, the ~~three~~Company ~~months~~entered ~~ended~~into an asset purchase ~~October~~agreement 31with Fitwell, ~~2021~~for the purchase of a copy of its native mobile fitness application, including all source codes and ~~2020~~associated databases for use on the iOS and Android platforms. The purchase price for the assets is $500,000 weand ~~generated~~shares of the Company in the amount of $500,000. The purchase is contingent on the Company completing a capital raise, under Regulation A which generates no ~~revenue~~less than $2 million in proceeds to the Company.

~~Expenses~~10

~~For~~Item ~~the~~2. ~~three~~Management’s ~~months~~Discussion ~~ended~~and ~~October~~Analysis ~~31, 2021 we incurred expenses~~ of ~~approximately~~Financial ~~$26,000~~Condition ~~of which approximately $14,000 was primarily related to professional fees~~ and ~~$12,000 was~~Results ~~primarily~~of ~~related to interest expense.~~Operations

~~For~~Cautionary ~~the~~Statement ~~three~~Regarding ~~months~~Forward-Looking ~~ended October 31, 2020 we incurred expenses of approximately $12,000 which was primarily related to professional fees.~~Statements

10This report contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward looking statements. Forward-looking statements are not statements of historical facts, but rather reflect our current expectations concerning future events and results. The words “may,” “will,” “anticipate,” “should,” “would,” “believe,” “contemplate,” “could,” “project,” “predict,” “expect,” “estimate,” “continue,” and “intend,” as well as other similar words and expressions of the future, are intended to identify forward-looking statements.

~~Financial~~Factors ~~condition~~that may cause actual results to differ from those results expressed or implied, include, but are not limited to, those listed under “Risk Factors” in our Registration Statement on Form 10-K for the year ended July 31, 2021 filed by the Company with the Securities and Exchange Commission (the “SEC”) on October 29, 2021.

~~Liquidity~~These forward-looking statements generally relate to our plans, objectives and ~~Capital~~expectations ~~Resources~~for future events and include statements about our expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts. These statements are based upon our opinions and estimates as of the date they are made. Although we believe that the expectations reflected in these forward-looking statements are reasonable, such forward-looking statements are subject to known and unknown risks and uncertainties that may be beyond our control, which could cause actual results, performance and achievements to differ materially from results, performance and achievements projected, expected, expressed or implied by the forward-looking statements. While we cannot assess the future impact that any of these differences could have on our business, financial condition, results of operations and cash flows or the market price of shares of our common stock, the differences could be significant. You are cautioned not to unduly rely on such forward-looking statements when evaluating the information presented in this report and you are urged to consider all such risks and uncertainties. In light of the uncertainty inherent in such forward-looking statements, you should not consider their inclusion to be a representation that such forward-looking matters will be achieved.

~~Currently,~~General ~~we rely on our management to provide us with the capital needed to run our business on a day-to-day basis.~~Overview

~~For~~Results ~~the three months ended October 31, 2021 and 2020 we incurred net losses~~ of approximately $26,000 and $12,000 respectively. As of October 31, 2021 we had no cash on hand and current liabilities of $0.9 million. As of July 21, 2021, we had no cash on hand and current liabilities of $0.9 million.operations

WeThree ~~will~~months ~~seek~~ended ~~additional~~January ~~funds through equity or debt financing~~31, ~~collaborative~~ or2022 ~~other arrangements with corporate partners, licensees or others, and from other sources, which may have the effect of~~compared ~~diluting~~to the ~~holdings~~three ofmonths ~~existing~~ended ~~shareholders.~~January ~~The Company has no current arrangements with respect to~~31, ~~or sources of, such additional financing and we do not anticipate that existing shareholders will provide any portion of our future financing requirements.~~2021

NoNet assurance can be given that additional financing will be available when needed or that such financing will be available on terms acceptable to the Company. If adequate funds are not available, we may be required to delay or terminate expenditures for certain of its programs that it would otherwise seek to develop and commercialize. This would have a material adverse effect on the Company.Loss

~~Item~~For 3.the ~~Quantitative~~three months ended January 31, 2022 and ~~Qualitative~~2021 ~~Disclosures~~we ~~About~~incurred ~~Market~~net ~~Risk~~losses of approximately $16,000 and $12,000 respectively.

~~Not required.~~Revenue

~~Item~~For 4.the ~~Controls~~three months ended January 31, 2022 and ~~Procedures~~2021, we generated no revenue.

The Company’s principal executive officer and principal financial officer, with the assistance of other members of the Company’s management, have evaluated the effectiveness of the design and operation of the Company’s disclosure controls and procedures (as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) as of the end of the period covered by this quarterly report. Based upon such evaluation, the Company’s principal executive officer and principal financial officer have concluded that the Company’s disclosure controls and procedures are not effective as of the end of the period covered by this quarterly report.Expenses

~~The~~For ~~Company’s~~the ~~principal executive~~three ~~officer~~months ~~and~~ended ~~principal~~January ~~financial officer have also concluded that there was no change in the Company’s internal control~~31, ~~over~~2022 ~~financial~~we ~~reporting~~incurred ~~(as~~expenses ~~such~~of ~~term~~approximately ~~is defined in Rule 13a-15(f) under the Exchange Act) that occurred during the quarter ended October 31~~$16,000 ~~2021~~of ~~that~~which ~~has~~approximately ~~materially affected~~$3,000 orwas isprimarily ~~reasonably~~related ~~likely~~ to ~~materially~~professional ~~affect,~~fees ~~the~~and ~~Company’s~~$13,000 was ~~internal~~primarily ~~control~~related ~~over~~to ~~financial reporting~~interest expense.

11For the three months ended January 31, 2021 incurred expenses of approximately $12,000 which was primarily related to interest expense.

~~PART~~Six ~~II.~~months ~~OTHER~~ended ~~INFORMATION~~January 31, 2022 compared to the six months ended January 31, 2021

~~Item~~Net ~~2. Unregistered Sales of Equity Securities and Use of Proceeds.~~Loss

~~Purchases~~For the six months ended January 31, 2022 and 2021 we incurred net losses of ~~Equity~~approximately ~~Securities~~$42,000 and $24,000 respectively.

~~We did not, nor did any affiliated purchaser, make any repurchases of our securities during the three months ended October 31, 2021.~~11

~~Item 5. Other Information~~Revenue

~~None~~For the six months ended January 31, 2022 and 2021, we generated no revenue.

~~Item 6. Exhibits.~~Expenses

Exhibit No.		Description
2.1		Notice of Entry of Order Appointing, Eight Judicial District Court, Clark County, Nevada, Case No.: A-19-791451-P dated May 7, 2019 (Filed as an exhibit to Form 10-12G on June 21, 2021). **
2.2		Notice of Entry of Order Discharging, Eight Judicial District Court, Clark County, Nevada, Case No.: A-19-791451-P dated October 16, 2019 (Filed as an exhibit to Form 10-12G on June 21, 2021). **
3.1		Amended and Restated Articles of Incorporation (Filed as an exhibit to Form SB-2, File No. 333-129398, on November 2, 2005). **
3.2		Amended Bylaws (Filed as an exhibit to Form SB-2, File No. 333-129398, on November 2, 2005). **
3.3		Certificate of Change Pursuant to NRS 78.209 effective July 31, 2007 (Filed as an exhibit to the Form 8-K dated July 31, 2007, filed August 6, 2007). **
3.4		Certificate of Designation Pursuant to NRS 78.1955 effective December 8, 2008 (Filed as an exhibit to Form 8-K dated December 8, 2008, filed December 10, 2008). **
3.5		Amendment to Certificate of Designation Pursuant to NRS 78.1955 effective December 15, 2008 (Filed as an exhibit to the Form 8-K dated December 15, 2008, filed December 17, 2008). **
3.6		Certificate of Reinstatement dated July 10, 2019 (Filed as an exhibit to Form 10-12G on June 21, 2021). **
3.7		Certificate of Designation dated July 10, 2019 (Filed as an exhibit to Form 10-12G on June 21, 2021). **
3.8		Certificate of Amendment by Custodian filed July 10, 2019 (Filed as an exhibit to Form 10-12G on June 21, 2021). **
3.9		Certificate of Amendment Filed July 10, 2019 (Filed as an exhibit to Form 10-12G on June 21, 2021). **
3.11		Certificate of Amendment to the Articles of Incorporation Filed May 26, 2021 (Filed as an exhibit to Form 10-12G on June 21, 2021). **
10		Intellectual Property License Agreement Between Worldwide Strategies Incorporated and Dr. Sandra Kaufmann (Filed as an exhibit to Form 10-12G on June 21, 2021) **
10.1		2005 Stock Plan (Filed as an exhibit to the initial filing of the registration statement on Form SB-2, File No. 333-129398, on November 2, 2005). **
24.1		Power of Attorney
31.1	*	Certification of principal executive officer of the Company, pursuant to Securities Exchange Act Rule 13a-14(a)
31.2	*	Certification of principal financial officer of the Company, pursuant to Securities Exchange Act Rule 13a-14(a)
32.1	*	Certifications pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of The Sarbanes-Oxley Act of 2002, signed by the principal executive officer of the Company and the principal financial officer of the Company
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 Extension Labels Linkbase Document
101.PRE	**	XBRL Taxonomy Extension Presentation Linkbase Document

For the six months ended January 31, 2022 we incurred expenses of approximately $42,000 of which approximately $17,000 was primarily related to professional fees and $25,000 was primarily related to interest expense.

*FiledFor ~~herewith~~the six months ended January 31, 2021 incurred expenses of approximately $24,000 which was primarily related to interest expense.

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

12Liquidity and Capital Resources

~~SIGNATURES~~Currently, we rely on our management to provide us with the capital needed to run our business on a day-to-day basis.

~~Pursuant~~For to the ~~requirements~~three ~~of the~~months ~~Securities~~ended ~~Exchange~~January ~~Act~~31, 2022 and 2021 we incurred net losses of ~~1934~~approximately $16,000 ~~the~~and ~~registrant~~$12,000 ~~has~~respectively. ~~duly~~As ~~caused~~of ~~this~~January ~~report~~31, to2022 bewe ~~signed~~had no cash on ~~its~~hand ~~behalf~~and bycurrent ~~the~~liabilities ~~undersigned~~of $1 million. As of July 31, ~~thereunto duly~~2021, ~~authorized~~we had no cash on hand and current liabilities of $0.9 million.

	WORLDWIDE STRATEGIES, INC.
Date: December 14, 2021	By:	/s/ ADAM LAUFER
		Name:	Adam Laufer
		Title:	Chief Executive Officer (Principal Executive Officer)

We will seek additional funds through equity or debt financing, collaborative or other arrangements with corporate partners, licensees or others, and from other sources, which may have the effect of diluting the holdings of existing shareholders. The Company has no current arrangements with respect to, or sources of, such additional financing and we do not anticipate that existing shareholders will provide any portion of our future financing requirements.

Date: December 14, 2021	By:	/s/ PAVAN CHARAN
		Name:	Pavan Charan
		Title:	Chief Financial Officer and Principal Accounting Officer (Principal Financial Officer)

No assurance can be given that additional financing will be available when needed or that such financing will be available on terms acceptable to the Company. If adequate funds are not available, we may be required to delay or terminate expenditures for certain of its programs that it would otherwise seek to develop and commercialize. This would have a material adverse effect on the Company.

13Item 3. Quantitative and Qualitative Disclosures About Market Risk

Not required.

Item 4.

Controls and Procedures

The Company’s principal executive officer and principal financial officer have also concluded that there was no change in the Company’s internal control over financial reporting (as such term is defined in Rule 13a-15(f) under the Exchange Act) that occurred during the quarter ended January 31, 2022 that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.

PART II. OTHER INFORMATION

Item 2.

Unregistered Sales of Equity Securities and Use of Proceeds.

Purchases of Equity Securities

We did not, nor did any affiliated purchaser, make any repurchases of our securities during the six months ended January 31, 2022.

Item 5.

Other Information

None

Item 6.

Exhibits.

Exhibit No.		Description
2.1		Notice of Entry of Order Appointing, Eight Judicial District Court, Clark County, Nevada, Case No.: A-19-791451-P dated May 7, 2019 (Filed as an exhibit to Form 10-12G on June 21, 2021).
2.2		Notice of Entry of Order Discharging, Eight Judicial District Court, Clark County, Nevada, Case No.: A-19-791451-P dated October 16, 2019 (Filed as an exhibit to Form 10-12G on June 21, 2021).
3.1		Amended and Restated Articles of Incorporation (Filed as an exhibit to Form SB-2, File No. 333-129398, on November 2, 2005).
3.2		Amended Bylaws (Filed as an exhibit to Form SB-2, File No. 333-129398, on November 2, 2005).
3.3		Certificate of Change Pursuant to NRS 78.209 effective July 31, 2007 (Filed as an exhibit to the Form 8-K dated July 31, 2007, filed August 6, 2007).
3.4		Certificate of Designation Pursuant to NRS 78.1955 effective December 8, 2008 (Filed as an exhibit to Form 8-K dated December 8, 2008, filed December 10, 2008).
3.5		Amendment to Certificate of Designation Pursuant to NRS 78.1955 effective December 15, 2008 (Filed as an exhibit to the Form 8-K dated December 15, 2008, filed December 17, 2008).
3.6		Certificate of Reinstatement dated July 10, 2019 (Filed as an exhibit to Form 10-12G on June 21, 2021).
3.7		Certificate of Designation dated July 10, 2019 (Filed as an exhibit to Form 10-12G on June 21, 2021).
3.8		Certificate of Amendment by Custodian filed July 10, 2019 (Filed as an exhibit to Form 10-12G on June 21, 2021).
3.9		Certificate of Amendment Filed July 10, 2019 (Filed as an exhibit to Form 10-12G on June 21, 2021).
3.11		Certificate of Amendment to the Articles of Incorporation Filed May 26, 2021 (Filed as an exhibit to Form 10-12G on June 21, 2021).
10		Intellectual Property License Agreement Between Worldwide Strategies Incorporated and Dr. Sandra Kaufmann (Filed as an exhibit to Form 10-12G on June 21, 2021)
10.1		2005 Stock Plan (Filed as an exhibit to the initial filing of the registration statement on Form SB-2, File No. 333-129398, on November 2, 2005).
21.1	*	List of Subsidiaries
24.1		Power of Attorney
31.1	*	Certification of principal executive officer of the Company, pursuant to Securities Exchange Act Rule 13a-14(a)
31.2	*	Certification of principal financial officer of the Company, pursuant to Securities Exchange Act Rule 13a-14(a)
32.1	*	Certifications pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of The Sarbanes-Oxley Act of 2002, signed by the principal executive officer of the Company and the principal financial officer of the Company

101.INS	*	Inline XBRL Instance Document

101.SCH	*	Inline XBRL Taxonomy Extension Schema Document

101.CAL	*	Inline XBRL Taxonomy Extension Calculation Linkbase Document

101.DEF	*	lnline XBRL Taxonomy Extension Definition Linkbase Document

101.LAB	*	Inline XBRL Extension Labels Linkbase Document

101.PRE	*	Inline XBRL Taxonomy Extension Presentation Linkbase Document

104		Cover Page Interactive Data File (formatted in iXBRL, and included in exhibit 101).

*Filed herewith

SIGNATURES

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

	WORLDWIDE STRATEGIES, INC.

	By:	/s/ ADAM LAUFER
		Name: Adam Laufer Title: Chief Executive Officer (Principal Executive Officer)

Date: March 15, 2022

	WORLDWIDE STRATEGIES, INC.

	By:	/s/ PAVAN CHARAN
		Name: Pavan Charan Title: Chief Financial Officer and Principal Accounting Officer (Principal Financial Officer)

Date: March 15, 2022

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