0001552979 false 2022 Q1 --12-31 0001552979 2022-01-01 2022-03-31 0001552979 2022-03-31 0001552979 2021-12-31 0001552979 us-gaap:SeriesAPreferredStockMember 2022-03-31 0001552979 us-gaap:SeriesAPreferredStockMember 2021-12-31 0001552979 2021-01-01 2021-03-31 0001552979 NHLE:PreferredStockSeriesAMember 2020-12-31 0001552979 us-gaap:CommonStockMember 2020-12-31 0001552979 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001552979 us-gaap:RetainedEarningsMember 2020-12-31 0001552979 2020-12-31 0001552979 NHLE:PreferredStockSeriesAMember 2021-12-31 0001552979 us-gaap:CommonStockMember 2021-12-31 0001552979 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001552979 us-gaap:RetainedEarningsMember 2021-12-31 0001552979 NHLE:PreferredStockSeriesAMember 2021-01-01 2021-12-31 0001552979 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001552979 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001552979 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001552979 2021-01-01 2021-12-31 0001552979 NHLE:PreferredStockSeriesAMember 2022-01-01 2022-03-31 0001552979 us-gaap:CommonStockMember 2022-01-01 2022-03-31 0001552979 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-03-31 0001552979 us-gaap:RetainedEarningsMember 2022-01-01 2022-03-31 0001552979 NHLE:PreferredStockSeriesAMember 2022-03-31 0001552979 us-gaap:CommonStockMember 2022-03-31 0001552979 us-gaap:AdditionalPaidInCapitalMember 2022-03-31 0001552979 us-gaap:RetainedEarningsMember 2022-03-31 0001552979 2021-03-31 0001552979 us-gaap:CommonStockMember 2022-03-31 0001552979 us-gaap:PreferredStockMember 2022-03-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

~~WASHINGTON~~Washington, D.C. 20549

_________________

FORM 10-Q

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

(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the ~~quarterly~~fiscal ~~period~~year ended ~~November~~March 3031, ~~2016~~2022

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

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ~~________to _________~~to

Commission File Number: 333-182761

NHALE, INC. ~~(Exact name of small business issuer as specified in its charter)~~

Nevada		38-3870905
(State or other jurisdiction ofincorporation or organization)		(I.R.S. EmployerIdentification No.)
422 E. Vermijo Ave., Suite 19
Colorado Springs, CO		80903
(Address of principalexecutive offices)		(Zip Code)

(Exact name of registrant as specified in its charter)

~~Registrant's telephone number, including area code: (719) 219-6336~~_____________________

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act 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 x No ¨

Nevada		38-3870905
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

42 Mott Street, 4th Floor, New York, NY		10013
(Address of principal executive offices)		(Zip Code)

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S86-~~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 x No ¨~~1370164788

~~Indicate~~(Registrant’s telephone ~~by check mark whether the registrant is a large accelerated filer~~number, anincluding ~~accelerated~~area filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act:code)

~~Large~~Securities ~~accelerated~~registered ~~filer~~pursuant ¨to ~~Accelerated~~Section ~~filer~~12(g) of ¨the ~~Non-accelerated filer ¨ Smaller reporting company x~~Act:

~~Indicate~~Title byof ~~check~~each ~~mark~~class ~~whether~~Trading ~~the registrant is a shell company~~ Symbol(ass) ~~defined~~Name inof ~~Rule~~each ~~12b-2~~exchange ofon ~~the~~which ~~Exchange~~registered ~~Act).~~N/A ~~Yes ¨~~N/A ~~No x~~N/A

~~There were 30,000,000 shares of the registrant’s common stock issued and outstanding as of January 13, 2017.~~_________________

~~IMPORTANT~~Indicate ~~INFORMATION~~by ~~REGARDING~~check ~~THIS~~mark ~~FORM~~whether ~~10-Q~~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 ☐

~~Unless~~Indicate ~~otherwise~~by ~~indicated,~~check ~~references~~mark whether the registrant has submitted electronically every Interactive Data File required to ~~“we,”~~be ~~“us,”~~submitted ~~and~~pursuant ~~“our”~~to inRule 405 of Regulation S-T (§232.405 of this ~~Quarterly~~chapter) ~~Report~~during onthe preceding ~~Form~~12 ~~10-Q~~months ~~refer~~(or for such shorter period that the registrant was required to ~~Nhale,~~submit ~~Inc~~such files). Yes ☒ No ☐

~~Readers~~Indicate ~~should~~by ~~consider~~check mark whether the ~~following~~registrant is ~~information~~a aslarge ~~they~~accelerated ~~review~~filer, ~~this~~an ~~Quarterly~~accelerated ~~Report:~~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.

~~Forward~~Large accelerated filer ☐ Accelerated filer ☐ Non-~~Looking~~accelerated ~~Statements~~filer ☒ Smaller reporting company ☒ Emerging Growth Company ☐

~~The~~If ~~statements~~an ~~contained~~emerging orgrowth incorporated by reference in this Quarterly Report on Form 10-Q that are not historical facts are “forward-looking statements” (as such term is defined in the Private Securities Litigation Reform Act of 1995)company, ~~within~~indicate ~~the~~by ~~meaning~~check ofmark ~~Section~~if ~~27A of~~ the ~~Securities~~registrant has ~~Act~~elected ofnot ~~1933,~~to asuse ~~amended, and Section 21E of~~ the ~~Securities~~extended ~~Exchange~~transition ~~Act~~period offor ~~1934,~~complying aswith ~~amended (the “Exchange Act”). All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements include~~ any ~~statement~~new ~~that may project, indicate~~ or ~~imply~~revised ~~future~~financial ~~results,~~accounting ~~events,~~standards ~~performance~~provided orpursuant to ~~achievements.~~Section ~~The forward-looking statements contained herein are based on current expectations that involve~~ 13(a) ~~number~~ of ~~risks and uncertainties. These statements can be identified by~~ the ~~use~~Exchange of forward-looking terminology such as “believes,” “expect,” “may,” “should,” “intend,” “plan,” “could,” “estimate” or “anticipate” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertaintiesAct. ☐

~~Given~~Indicate ~~the~~by ~~risks~~check ~~and~~mark ~~uncertainties~~whether ~~relating~~the toregistrant ~~forward-looking~~is ~~statements,~~a ~~investors~~shell ~~should~~company ~~not~~(as defined ~~place undue reliance on such statements. Forward-looking statements included~~ in ~~this~~Rule ~~Quarterly Report on Form 10~~12b-Q2 ~~speak only as~~ of the ~~date~~Exchange ~~of this Quarterly Report on Form 10-Q and are not guarantees of future performance~~Act). Although we believe that the expectations reflected in the forward-looking statements are reasonable, such expectations may prove to have been incorrect. All subsequent written and oral forward-looking statements attributable to us, or persons acting on our behalf, are expressly qualified in their entirety by these cautionary statements. Yes ☒ No ☐

~~Except~~As toof ~~the~~March ~~extent required by applicable securities laws~~31, ~~we expressly disclaim any obligation or undertakings to release publicly any updates or revisions to any statement or information contained in this Quarterly Report on Form 10-Q~~2022, ~~including~~there ~~the~~were ~~forward-looking statements discussed above~~30, ~~to reflect any change in our expectations with regard thereto or any change in events~~000,000 ~~conditions~~shares outstanding orof ~~circumstances~~the onregistrant’s ~~which~~common ~~any statement or information is based~~stock.

2As of March 31, 2022, there were 500,000 shares outstanding of the registrant’s Convertible Series A Preferred Stock.

~~NHALE,~~Item ~~INC~~1. Financial Statements.

~~FINANCIAL~~NHALE ~~STATEMENTS ON FORM 10-Q~~INC

~~TABLE~~FINANCIAL ~~OF CONTENTS~~STATEMENTS

Part I. Financial Information.
Balance Sheets as of March 31, 2022 (Unaudited) and December 31, 2021 (Audited)	3
Item 1.	Financial Statements (Unaudited)	4
Statements of Operations for the Three Months ended March 31, 2022 and 2021 (Unaudited)	4
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations.	9
Statements of Changes in Stockholders’ Deficit for the Three Months ended March 31, 2022 and 2021 (Unaudited)	5
Item 3.	Quantitative and Qualitative Disclosures About Market Risks.	11
Statements of Cash Flows for the Three Months ended March 31, 2022 and 2021 (Unaudited)	6
Item 4.	Controls and Procedures.	11
Notes to Financial Statements (Unaudited)	7
Part II. Other Information.
Item 1.	Legal Proceedings.	12
Item 1A.	Risk Factors.	12
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds.	12
Item 3.	Defaults Upon Senior Securities.	12
Item 4.	Mine Safety Disclosures.	12
Item 5.	Other Information.	12
Item 6.	Exhibits.	13
Signatures.		14

~~Part~~NHALE ~~I. Financial Information~~INC

~~Item~~BALANCE 1.SHEETS ~~Financial Statements~~(Unaudited)

NHALE, INC.


	As at
	Mar. 31, 2022			Dec. 31, 2021
Assets
Cash and cash equivalents	$	–		$	–
Total current assets		–			–

TOTAL ASSETS	$	–		$	–

LIABILITIES AND STOCKHOLDERS' DEFICIT
Payables and accrued interests	$	1,947,840		$	1,877,602
Notes payable in default		1,190,000			1,190,000
Total current liabilities		3,137,840			3,067,602

TOTAL LIABILITIES		3,137,840			3,067,602

STOCKHOLDERS' DEFICIT
Common stock, $0.0001 par value; 100,000,000 shares authorized, 30,000,000 issued and outstanding at Mar. 31 2022 and Dec. 31, 2021		3,000			3,000
Convertible Series A Preferred Stock, $0.0001 par value; 1,000,000 shares designated, 500,000 issued and outstanding at Mar. 31 2022 and Dec. 31, 2021		50			50
Additional paid in capital		200,200			200,200
Accumulated deficit		(3,341,090	)		(3,270,852	)

TOTAL STOCKHOLDERS' DEFICIT		(3,137,840	)		(3,067,602	)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	–		$	–

~~BALANCE~~The ~~SHEETS~~accompanying notes are an integral part of these unaudited financial statements

~~(Unaudited)~~3

	November 30,2016			May 31,2016
ASSETS
Cash and equivalents	$	11,024		$	25
Prepaid expenses and other current assets		400			5,400
Total current assets		11,424			5,425
TOTAL ASSETS	$	11,424		$	5,425
LIABILITIES AND STOCKHOLDERS' DEFICIT
Accounts payable and accrued expenses	$	472,889		$	370,144
Accounts payable, related party		-			3,907
Notes payable in default		825,000			600,000
Short-term notes payable		225,000			400,000
Total current liabilities		1,522,889			1,374,051
Long-term notes payable		140,000			85,000
Total non-current liabilities		140,000			85,000
TOTAL LIABILITIES		1,662,889			1,459,051
STOCKHOLDERS' DEFICIT
Common stock, $0.0001 par value; 100 million shares authorized, 30,000,000 issued and outstanding at both November 30, 2016 and May 31, 2016.		3,000			3,000
Additional paid in capital		110,250			110,250
Accumulated deficit		(1,764,715	)		(1,566,876	)
TOTAL STOCKHOLDERS' DEFICIT		(1,651,465	)		(1,453,626	)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	11,424		$	5,425

NHALE INC

~~The~~STATEMENTS ~~accompanying~~OF ~~notes are an integral part of these unaudited financial statements.~~OPERATIONS

4(Unaudited)

NHALE, INC.


	For the quarterly periods ended
	Mar. 31, 2022			Mar. 31, 2021
OTHER INCOME/(EXPENSE)
Interest expense	$	(70,238	)	$	(70,238	)

Total other income /(expense)		(70,238	)		(70,238	)

Net loss	$	(70,238	)	$	(70,238	)

Net loss per share - basic	$	(0.00	)	$	(0.00	)
Net loss per share - diluted	$	(0.00	)	$	(0.00	)
Weighted average number of common shares outstanding - basic		30,000,000			30,000,000
Weighted average number of common shares outstanding - diluted		30,000,000			30,000,000

~~STATEMENTS~~The OFaccompanying ~~OPERATIONS~~notes are an integral part of these unaudited financial statements

~~(Unaudited)~~4

	Three Months EndedNovember 30,						Six Months EndedNovember 30,
	2016			2015			2016			2015
OPERATING EXPENSES
Sales and marketing expenses	$	-		$	5,000		$	-		$	6,050
General and administrative expenses		31,919			98,188			82,220			200,686
Total operating expenses		31,919			103,188			82,220			206,736
Net loss from operations		(31,919	)		(103,188	)		(82,220	)		(206,736	)
OTHER INCOME/(EXPENSE)
Interest expense		(65,744	)		(39,046	)		(115,619	)		(77,484	)
Forgiveness of debt		-			-			-			140,376
Total other income/(expense)		(65,744	)		(39,046	)		(115,619	)		62,892
Net loss	$	(97,663	)	$	(142,234	)	$	(197,839	)	$	(143,844	)
Net income (loss) per share - basic and diluted		(0.00	)		(0.00	)		(0.01	)		(0.00	)
Weighted average number of shares outstanding		30,000,000			30,000,000			30,000,000			30,000,000

NHALE INC

~~The~~STATEMENTS ~~accompanying~~OF ~~notes~~CHANGES ~~are~~IN STOCKHOLDERS’ ~~an integral part of these unaudited financial statements.~~DEFICIT

5THREE MONTHS ENDED MARCH 31, 2021 AND 2022

~~NHALE, INC.~~(Unaudited)

STATEMENTS OF CASH FLOWS


	Series A Preferred Stock				Common Stock				Additional Paid in		Accumulated
	Shares		Amount		Shares		Amount		Capital		Deficit			Total
Balance, December 31, 2020		–	$	–		30,000,000	$	3,000	$	110,250	$	(2,899,902	)	$	(2,786,652	)
Issue of shares		500,000		50		–		–		89,950		–			90,000
Net loss for the year ended December 31, 2021		–		–		–		–		–		(370,950	)		(370,950	)
Balance, December 31, 2021		500,000	$	50		30,000,000	$	3,000	$	200,200	$	(3,270,852	)	$	(3,067,602	)
Net loss for the period		–		–		–		–		–		(70,238	)		(70,238	)
Balance, March 31, 2022		500,000	$	50		30,000,000	$	3,000	$	200,200	$	(3,341,090	)	$	(3,137,840	)

~~(Unaudited)~~The accompanying notes are an integral part of these unaudited financial statements

	Six Months EndedNovember 30,
	2016			2015
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(197,839	)	$	(143,844	)
Adjustments to reconcile net loss to net cash used in operating activities:
Gain on forgiveness of debt		-			(140,376	)
Changes in operating assets and liabilities:
Prepaid expenses and other current assets		5,000			-
Accounts payable and accrued expenses		102,745			240,223
Accounts payable, related party		(3,907	)		4,100
Cash used in operating activities		(94,001	)		(39,897	)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from notes payable		105,000			50,000
Cash provided by financing activities		105,000			50,000
Net change in cash and equivalents		10,999			10,103
Cash and equivalents, beginning of period		25			661
Cash and equivalents, end of period	$	11,024		$	10,764
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid for interest	$	-		$	-
Cash paid for income taxes		-			-

~~The~~NHALE ~~accompanying notes are an integral part of these unaudited financial statements.~~INC

6STATEMENTS OF CASH FLOWS

~~NHALE, INC.~~(UNAUDITED)

Notes to Financial Statements


	For the quarterly periods ended
	Mar. 31, 2022			Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(70,238	)	$	(70,238	)
Adjustments to reconcile net loss to net cash used in operating activities:
Changes in operating assets and liabilities:
Payables and accrued interests		70,238			70,238
Accounts payable, related party		–			–
Customer deposits		–			–
Cash used in operating activities		–			–

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from notes payable		–			–
Proceeds from notes payable-related party		–			–
Principal payments on notes payable		–			–
Issued preferred stock		–			–
Cash provided by financing activities		–			–

Net change in cash and cash equivalents		–			–
Cash and cash equivalents, beginning of period		–			–
Cash and cash equivalents, end of period	$	–		$	–

Supplemental Cash Flow Information
Cash paid for interest	$	–		$	–
Cash paid for income taxes	$	–		$	–

~~(Unaudited)~~The accompanying notes are an integral part of these unaudited financial statements

~~Note 1. Basis of Presentation~~6

~~The~~NHALE accompanying unaudited interim financial statements of Nhale, Inc. (“NHLE” or the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (“SEC”), and should be read in conjunction with the audited financial statements and notes thereto contained in the Company’s annual report on Form 10-K filed with the SEC on October 13, 2016. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim period presented have been reflected herein. The results of operations for our interim period are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements that would substantially duplicate the disclosures contained in the audited financial statements for the fiscal year ended May 31, 2016, as reported in our annual report on Form 10-K, have been omitted.INC

~~Nhale,~~Notes ~~Inc.~~to ~~was~~the ~~incorporated~~Unaudited inFinancial Statements ~~Nevada on March 8, 2012 as Gankit Corporation, an e-commerce website selling a multitude of consumer products including electronics, appliances, clothing, accessories, sporting goods and gift cards.~~

OnMarch ~~May 12~~31, 2014, Riverview Heights, LLC (the “Majority Shareholder”) purchased 20,000,000 shares of common stock of the 30,000,000 total issued and outstanding shares representing 66.67% of the total equity of the Company. On May 13, 2014, John Arnold resigned as Chief Executive Officer and Sole Director and the majority shareholder appointed Lance Williams as Sole Director, Chief Executive Officer and President of the Company.2022

~~The~~Note ~~Company~~1. ~~then~~ORGANIZATION ~~ceased~~AND toDESCRIPTION ~~operate~~OF ~~its e-commerce website and abandoned that business model, and re-focused on the development, branding and distribution of non-flame smoking devices.~~BUSINESS

~~Note~~Nhale 2Inc. ~~Going~~(“NHLE” ~~Concern~~or the “Company”) was organized under the laws of the State of Nevada on March 8,2021, under Gankit Corporation. The Company was development stage company as an e-commerce business focused on selling a diverse set of products through its website Gankit.com.

~~The~~On ~~Company~~May ~~has~~12, an2014, ~~accumulated~~the ~~deficit~~control block of $1stock,~~764~~ 20,~~715~~000,000 ~~and~~shares ~~has~~of ~~recurring~~restricted ~~negative~~common ~~cash~~stock ~~flows~~were ~~from~~purchased ~~operations.~~resulting Asin a ~~result,~~change ~~the~~of ~~Company~~control. ~~does~~The ~~not~~Company ~~have~~then ~~the resources at this time~~ ceased to ~~repay~~operate its ~~credit~~e-commerce website and ~~debt~~abandoned ~~obligations,~~that ~~make~~business ~~any~~model, ~~payments~~and inre-focused on the ~~form~~development, ofbranding, ~~dividends~~and todistribution ~~its~~of non-flame ~~shareholders~~smoking ~~or fully implement its business plan~~devices. ~~Without~~The ~~additional~~Company ~~capital,~~changed ~~the~~its ~~Company~~name ~~will~~at ~~not~~this betime ~~able~~ to ~~remain~~Nhale, ~~in business~~Inc.

~~These~~Business ~~factors~~operations ~~raise~~for ~~substantial~~Nhale ~~doubt~~Inc. ~~about~~was ~~the~~abandoned ~~Company’s~~by ~~ability~~former tomanagement and ~~continue~~a custodianship action, as adescribed ~~going~~in ~~concern.~~the subsequent paragraph, was commenced in 2020.

InOn ~~addition~~November to24. ~~operational expenses~~2020, as the ~~Company~~Eighth District ~~executes~~Court ~~its~~of ~~business~~Clark ~~plan~~County, itNevada isgranted ~~incurring~~the ~~expenses~~Application ~~related~~for toAppointment ~~complying~~of ~~with~~Custodian ~~its~~as ~~public~~a ~~reporting~~result ~~requirements.~~of Inthe ~~order~~absence toof ~~finance~~a ~~these~~functioning board ~~expenditures,~~of ~~the~~directors ~~Company~~and ~~has raised capital in~~ the ~~form~~revocation of ~~debt,~~the ~~which~~Company’s ~~will have to be repaid, as discussed in detail below~~charter. The ~~Company~~order ~~has~~appointed ~~depended~~Small onCap ~~loans~~Compliance, ~~from~~LLC ~~private~~(“SCC”, the ~~investors~~“Custodian”) ~~and~~custodian ~~outside~~with ~~investors~~the ~~for~~right ~~most~~to ofappoint ~~its~~officers ~~operating~~and ~~capital.~~directors, ~~The~~negotiate ~~Company~~and ~~will~~compromise ~~need~~debt, toexecute ~~raise~~contracts, issue ~~capital~~stock, inand ~~the~~authorize ~~next~~new ~~twelve~~classes ~~months~~of ~~in order to remain in business~~stock.

~~Management~~Upon ~~anticipates~~appointment ~~that~~as ~~significant~~the ~~dilution~~Custodian ~~will~~of ~~occur~~NHLE and asunder aits ~~result~~duties ofstipulated ~~any~~by ~~future~~the ~~sales~~Nevada court, SCC took initiative to organize the business of the ~~Company’s~~issuer. ~~common~~As ~~stock~~Custodian, ~~and~~the ~~this~~duties were ~~will~~to ~~reduce~~conduct ~~the~~daily ~~value~~business, ofhold ~~its~~shareholder ~~outstanding~~meetings, ~~shares.~~appoint ~~The~~officers ~~Company~~and ~~cannot~~directors, ~~project~~reinstate the ~~future~~company ~~level~~with the Nevada Secretary of ~~dilution~~State. ~~that~~SCC ~~will~~also behad ~~experienced~~authority byto ~~investors~~enter asinto contracts and find a ~~result~~suitable ofmerger ~~its~~candidate. ~~future~~SCC ~~financings,~~was ~~but~~compensated itfor ~~will~~its ~~significantly~~role ~~affect~~as custodian in the ~~value~~amount of ~~its~~500,000 shares of Convertible Series A Preferred Stock.

~~The~~On ~~accompanying~~January ~~financial~~20, ~~statements~~2021, doSCC ~~not~~entered ~~include~~into ~~any~~a ~~adjustments~~Stock Purchase toAgreement ~~reflect~~with ~~the~~Bridgeview ~~possible~~Capital ~~future~~Partners, ~~effects~~LLC, onwhereby ~~the~~Bridgeview ~~recoverability~~Capital ~~and~~Partners, ~~classification~~LLC ofpurchased ~~assets~~500,000 orshares ~~the~~of ~~amounts~~Convertible Series ~~and~~A ~~classifications~~Preferred ofStock. ~~liabilities~~These ~~that~~shares ~~may~~represent ~~result from~~ the ~~possible~~controlling ~~inability~~block of ~~the Company to continue as a going concern~~stock.

7Bridgeview Capital Partners, LLC entered into a Stock Purchas Agreement with Yang Chongyi whereby Yang Chongyi purchased 500,000 shares of Convertible Series A Preferred Stock. Yang Chongyi was appointed as its CEO, Treasurer, Secretary, and Director of the Company.

Note 32. ~~Notes~~SUMMARY ~~Payable~~OF SIGNIFICANT ACCOUNTING POLICIES

~~During~~Basis ~~the~~of ~~six~~Presentation ~~months ended November 30, 2016, we borrowed an additional $105,000, issuing four promissory notes with issue dates, maturity dates, nominal amounts and interest rates as follows:~~

Issue Date	Maturity Date	NominalAmount		InterestRate
06/02/16	06/02/18		10,000		15	%
06/17/15	06/17/18		20,000		15	%
08/16/16	08/16/18		50,000		15	%
11/30/16	11/30/18		25,000		15	%

The Company’s unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”), and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and reflect all adjustments, consisting of normal recurring adjustments, which management believes are necessary to fairly present the financial position, results of operations and cash flows of the Company as of and for the three month period ending March 31, 2022 and not necessarily indicative of the results to be expected for the full year ending December 31, 2022. These unaudited financial statements should be read in conjunction with the financial statements and related notes for the year ended December 31, 2021.

~~During the six months ended November 30, 2016, we accrued $115,619 of interest on our promissory notes collectively.~~ 7

~~Also~~Use ~~during the six months ended November 30, 2016, we reclassified two promissory notes with an aggregate value~~ of $25,000, from long-term to short-term as their maturity dates fell to within twelve months. Additionally, we reclassified four promissory notes with an aggregate value of $225,000 from short-term to Notes Payable in Default as their maturity dates expired without extension. The terms of these notes are that, upon default, a higher interest rate is applied to the outstanding unpaid principal. estimates

~~Our~~The ~~weighted~~preparation ~~average~~of ~~annual~~financial ~~interest~~statements ~~rates~~in ~~for~~conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the ~~six~~reported ~~months~~amounts ~~ended~~of assets ~~November~~and ~~30,~~liabilities ~~2016~~and ~~are:~~disclosure ~~for~~of ~~Notes~~contingent ~~Payable~~assets inand ~~Default~~liabilities –at ~~22%,~~the ~~Short-Term~~date ~~Notes~~of –the ~~15%,~~financial ~~Long-Term~~statements ~~Notes~~and -the ~~$15%~~reported amounts of revenues and expenses during the reporting period. Significant estimates include the estimated useful lives of property and equipment. Actual results could differ from those estimates.

8Cash equivalents

The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents.

Fair value of financial instruments

The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below:

Level 1: Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.

Level 2: Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.

Level 3: Pricing inputs that are generally unobservable inputs and not corroborated by market data. The carrying amount of the Company’s financial assets and liabilities, such as prepaid expenses and accrued expenses approximate their fair value because of the short maturity of those instruments.

Income taxes

The Company follow ASC 740-10-30, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the fiscal year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the fiscal years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Income in the period that includes the enactment date.

On December 22, 2017, the Tax Cuts and Jobs Act (TCJA) was signed into law by the President of the United States. TCJA is a tax reform act that among other things, reduced corporate tax rates to 21 percent effective January 1, 2018. FASB ASC 740, Income Taxes, requires deferred tax assets and liabilities to be adjusted for the effect of a change in tax laws or rates in the year of enactment, which is the year in which the change was signed into law. Accordingly, the Company adjusted its deferred tax assets and liabilities at December 31,2017, using the new corporate tax rate of 21 percent.

The Company adopted ASC 740-10-25 (“ASC 740-10-25”) with regard to uncertainty income taxes. ASC 740-10-25 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under ASC 740-10-25, we may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. ASC 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods and requires increased disclosures. We had no material adjustments to our liabilities for unrecognized income tax benefits according to the provisions of ASC 740-10-25.

Net income (loss) per common share

Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period. The weighted average number of common shares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period presented. As at the beginning and ending of the quarterly reporting period, there are 30,000,000 outstanding common shares and 500,000,000 potentially dilutive shares, respectively, from convertible preferred stock; however, these shares have not been considered in the weighted average share calculation as their inclusion would be anti-dilutive due to the net loss for the year ended.

Related parties

A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party.

Recently issued accounting pronouncements

The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

NOTE 3 - GOING CONCERN

The Company’s unaudited financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern that contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not established any source of revenue to cover its operating costs and has an accumulated deficit of $3,341,090 as at March 31, 2022. These conditions raise substantial doubt about the company’s ability to continue as a going concern.

In addition to operational expenses, as the Company executes its business plan, it is incurring expenses related to complying with its public reporting requirements. In order to finance these expenditures, the Company has raised capital in the form of debt, which will have to be repaid, as discussed in detail below. The Company has depended on loans from private investors and outside investors for most of its operating capital. The Company will need to raise capital in the next twelve months in order to remain in business.

Management anticipates that significant dilution will occur as a result of any future sales of the Company’s common stock and this will reduce the value of its outstanding shares. The Company cannot project the future level of dilution that will be experienced by investors as a result of its future financings, but it will significantly affect the value of its shares.

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 classifications of liabilities that may result from the possible inability of the Company to continue as a going concern.

NOTE 4 – PAYABLES AND ACCRUED INTERESTS

Schedule of payables	Mar. 31, 2022		Dec. 31, 2021
Payables	$	489,044	$	489,044
Accrued Interest		1,458,796		1,388,558
Total	$	1,947,840	$	1,877,602

NOTE 5 – NOTES PAYABLE

During 2013 - 2016 the Company borrowed an aggregate amount of $1,240,000 and issued 24 promissory notes in total maturing 2015 - 2018. As at March 31, 2022 and December 31, 2021, there were 23 promissory notes with an aggregated amount of $1,190,000 in default.

Weighted average interest rate of default was 23.6%-23.8% during the reporting periods ended March 31, 2022 and 2021. The Company accrued interest expenses of $70,238 for the quarters ended March 31, 2022 and 2021 respectively.

NOTE 6 – COMMON STOCK AND PREFERRED STOCK

The Company has 100,000,000 shares of common stock authorized at par value of $0.0001, and 30,000,000 shares of common stock were issued and outstanding at beginning and end of the reporting period at total par value of $3,000 and an aggregated amount of share premium of $110,250.

The Company has 1,000,000 shares designated Series A preferred stock at par value of $0.0001, and 500,000 issued as at beginning and end of the reporting period with total par value of $50 and an aggregated amount of share premium of $89,950.

NOTE 7 – INCOME TAXES

Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carry forwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. The Company has evaluated Staff Accounting.

Bulletin No. 118 regarding the impact of the decreased tax rates of the Tax Cuts & Jobs Act. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. The U.S. federal income tax rate of 21% is being used due to the new tax law recently enacted.

Deferred income taxes reflect the tax consequences on future years of differences between the tax bases. Net operating loss carry-forwards and tax benefits arising therefore are as follows:

Deferred tax assets	Mar. 31, 2022			Dec. 31, 2021
Net operating loss (NOL) brought forward	$	3,270,852		$	2,899,902
Net loss for the period / year		70,238			370,950
NOL carried forward	$	3,341,090		$	3,270,852


Tax benefit from NOL carried forward		835,273			817,713
Valuation allowance		(835,273	)		(817,713	)
Deferred tax assets	$	–		$	–

The Company’s tax loss carried forward will begin to expire in 2030.

NOTE 8 – COMMITMENTS AND CONTINGENCIES

As at the end of the reporting period, the company has no commitments and contingencies to disclose.

NOTE 9 – RELATED-PARTY TRANSACTIONS

The company was not engaging in any business activities during the reporting periods, and has no related party transactions to disclose.

NOTE 10 – SUBSEQUENT EVENTS

As at the date these financial statements are ready to be released, the Company has no subsequent events to disclose.

NOTE 11 – IMPACT OF THE COVID-19 PANDEMIC

As the Company is not actively trading in the current reporting period, there is no impact of the COVID-19 pandemic on financial statements as at and for the quarterly period ended March 31, 2022.

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

The following ~~discussion~~management’s discussion and analysis (“MD&A”) should be read in ~~connection~~conjunction with ~~the Company’s~~ financial statements ~~and~~of ~~related~~Nhale ~~notes~~Inc ~~thereto,~~for asthe ~~included~~three inand ~~this~~nine ~~report~~months ended onMarch ~~Form 10-Q~~31, as20221 ~~well~~and ~~as the Company’s annual report on Form 10-K~~2021, ~~filed~~and ~~October~~the ~~13,~~notes ~~2016~~thereto.

~~Organization~~Safe ~~and~~Harbor ~~Basis~~for ofForward-Looking ~~Presentation~~Statements

Certain statements included in this MD&A constitute forward-looking statements, including those identified by the expressions anticipate, believe, plan, estimate, expect, intend, and similar expressions to the extent they relate to Nhale Inc or its management. ~~(“NHLE”~~These forward-looking statements are not facts, promises, or ~~the~~guarantees; ~~“Company”)~~rather, ~~was~~they ~~incorporated~~reflect ascurrent ~~GankIt~~expectations ~~Corporation~~regarding infuture ~~the~~results ~~state~~or ofevents. ~~Nevada~~These onforward-looking statements ~~March~~are 8subject to risks and uncertainties that could cause actual results, ~~2012~~activities, ~~with~~performance, aor ~~fiscal~~events ~~year~~to ~~end~~differ ofmaterially from ~~May~~current 31expectations. ~~Until~~These ~~May~~include 12risks related to revenue growth, ~~2014~~operating results, weindustry, ~~were~~products, anand ~~e-commerce~~litigation, ~~business~~as ~~focused~~well as onthe ~~selling~~matters adiscussed ~~diverse~~in ~~set~~Nhale ofInc’s ~~products~~MD&A. ~~through~~Readers ashould ~~website~~not ~~that~~place ~~could~~undue ~~either~~reliance beon ~~won~~any ~~through~~such aforward-looking ~~bidding~~statements. Nhale ~~process~~Inc disclaims any obligation to publicly update or ~~purchased~~to atrevise aany ~~discount~~such statements to reflect any change in the ~~suggested~~Company’s ~~retail~~expectations or ~~price~~in events, conditions, or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.

OnNhale ~~May~~Inc ~~12,~~is ~~2014,~~a ~~Riverview~~blank ~~Heights,~~check ~~LLC~~company ~~purchased~~and ~~20,000,000~~has no ~~shares~~operations. ofOur ~~common~~business ~~stock~~plan ofincludes ~~the~~acquisitions ~~30,000,000~~of ~~total~~operating ~~issued~~companies. ~~and~~In ~~outstanding shares common stock of Company~~summary, ~~thus~~NHLE ~~becoming~~is focused ~~the~~on ~~Majority~~raising ~~Shareholder~~capital ~~(hereafter~~for ~~the~~its ~~“Majority~~business ~~Shareholder”)~~plan. ~~The~~As ~~Majority~~of ~~Shareholder~~this ~~purchased 12~~filing,~~500,000~~ ~~shares~~we ofhave ~~common~~not ~~stock~~raised ~~from~~any ~~Clark~~capital ~~Rohde~~ and ~~7,500,000~~our ~~shares~~business ofis ~~common~~not ~~stock~~yet ~~from John Arnold~~operational.

On May 13, 2014 the Majority Shareholder appointed Lance Williams as Sole Director, Chief Executive Officer and President of the Company; and concurrently therewith accepted the resignation of John Arnold from his positions of Sole Director, Chief Executive Officer and President of the Company. Concurrently the Company filed with the State of Nevada to change its name to Nhale, Inc. to better reflect its revised business model.

We have refocused the business plan to production of herbal vaporizer pens and other legal products in the consumer space focusing on the decriminalization of marijuana for medicinal purposes, a significant trend occurring in the U.S. and around the world.

Plan of Operations

Our plan of operation revolves around the development and commercialization of technologies related to the medical marijuana market. As more states legalize medical marijuana there will be increasing opportunities for us to commercialize new technologies designed for this sector. The first product we have commercialized is the Nhale.

The Nhale is a herbal vaporizer pen in a convenient multi-use kit. The multi-purpose kit includes everything needed for vaporizing dry leaf herbs, waxes, oils and e-liquids.

The company began development of the Nhale brand in June 2014, obtaining the product through and outsourced manufacturer selected and engaged by the Company.

Results of Operations

WeThe ~~have~~following ~~not~~discussion ~~generated~~of ~~any~~our ~~revenues~~financial condition ~~from operations~~ and weresults ~~cannot~~of ~~guarantee~~operations weshould ~~will~~ be ~~successful~~read in ~~our~~conjunction ~~business operations. Our business is subject to risks inherent in the establishment of an early stage business enterprise, including the financial risks associated~~ with ~~the limited capital resources currently available to us for the implementation of~~ our ~~business~~financial ~~strategies~~statements ~~(See "Risk Factors", below). To become profitable~~ and ~~competitive over~~ the ~~long~~related ~~run,~~notes weincluded ~~must~~in ~~develop our business and marketing plan and execute it~~this report.

9Three Months Ended March 31, 2022 and 2021

~~Six Months Ended November 30, 2016 versus 2015~~Revenue

~~Sales~~For the three and ~~marketing~~three months ended March 31, 2022 and 2021, the Company had not generated any revenues.

~~Our~~Operating ~~sales and marketing expenses were zero for the six months ended November 30, 2016 versus $6,050 for the same period in 2015. The Company has not been marketing its products actively.~~Expenses

~~General~~For the three and ~~administrative~~three months ended March 31, 2022 and 2021, the Company had not operating expenses.

~~Our~~Other ~~general~~Income and administrative costs were down $118,466 ($82,220 for the six months ended November 30, 2016 versus $200,686 in 2015). This reduction was the net of the change in consulting expenses (a reduction of $150,000), the change in compliance costs (an increase of $29,346) and an increase in office costs and travel (an increase of $2,188). Expenses

~~Interest~~Other ~~expense~~expenses for the three months ended March 31, 2022 were $70,238 compared to $70,238 for the three months ended March 31, 2021.

~~Interest expense went from $77,484 for~~ For the ~~six~~three months ended ~~November~~March 3031, ~~2015~~2022 toand ~~$115~~2021,~~169~~ ~~for~~ the ~~same~~Company ~~period~~had innot ~~2016,~~other ~~owing to higher debt levels~~income. Additionally, as explained in Note 3 to the financial statements, we carry a higher weighted average interest rate for debt which is in default at the balance sheet date. The amount of debt in default has increased.

~~Forgiveness~~For the three months ended March 31, 2022, interest expenses were $70,238, equal to that for the three months ended of ~~debt~~March 31, 2021.

We recorded forgiveness of debt income of $140,376 during the six months ended November 30, 2015 when we signed an agreement with our former Chief Executive Officer, John Arnold, to settle our obligation to him. We had no such forgiveness of debt income in the current year.12

~~Three~~Net ~~Months~~Income ~~Ended November, 2016 versus 2015~~(Loss)

~~Sales~~For ~~and~~the ~~marketing~~three-month ended March 31, 2022, the Company had a net loss of $70,238 compared to the three-month period ended March 31, 2021 of a net income of $70,238.

~~Our sales and marketing expenses were zero for the three months ended November 30, 2016 versus $5,000 for the same period in 2015.~~ The ~~Company~~net ~~has~~income ~~not~~resulted ~~been~~from ~~marketing~~foreign ~~its products actively~~exchange gains.

General and administrative expenses

Our general and administrative costs were down $66,269 ($31,919 for the three months ended November 30, 2016 versus $98,188 in 2015). This reduction was the net of the change in consulting expenses (a reduction of $75,000), the change in compliance costs (an increase of $7,735) and an increase in office costs and travel (an increase of $996).

Interest expense

Interest expense went from $39,046 for the three months ended November 30, 2015 to $65,744 for the same period in 2016, owing to higher debt levels. Additionally, as explained in Note 3 to the financial statements, we carry a higher weighted average interest rate for debt which is in default at the balance sheet date. The amount of debt in default has increased.

Liquidity and Capital Resources

As of ~~November~~March 3031, ~~2016~~2022, ~~the~~we ~~Company~~ had no ~~current assets of $11,424, comprised of~~ cash and ~~cash~~a ~~equivalents~~working ofcapital ~~$11,024~~deficit ~~and other current assets~~ of $~~400~~3,137,840.

WeOperating ~~had negative working capital of $1,511,465 and a deficit accumulated of $1,764,715 as of November 30, 2016.~~Activities

10No operating activities occurred during the three months ended March 31, 2022 and 2021.

~~Cash~~Investing ~~Flows from Operating~~ Activities

~~During~~No investing activities occurred during the ~~six~~three months ended ~~November~~March 3031, ~~2016~~2022 and ~~2015 the Company used cash in operating activities of $94,001 and $39,897, respectively~~2021. ~~The majority of this difference arises from differences in the net loss for those two periods.~~

~~Cash~~Financing ~~Flows from Investing~~ Activities

~~There~~No ~~were~~financing ~~no cash flows provided or used in investing~~ activities ~~for~~occurred ~~the~~during the three months ended ~~November~~March 3031, ~~2016~~2022 ~~nor~~and ~~2015~~2021.

~~Cash~~Off-Balance ~~Flows from Financing Activities~~Sheet Arrangements

~~During~~There ~~the~~are ~~six~~no ~~months~~off-balance ~~ended~~sheet ~~November~~arrangements with ~~30,~~any ~~2016, we received $105,000 in proceeds from four promissory notes~~party. ~~During the same period in 2015, we had $50,000 of such proceeds.~~

~~Capital~~Critical ~~Requirements~~Accounting Policies

IfOur wediscussion doand ~~not~~analysis ~~raise~~of ~~any~~results ~~additional~~of operations ~~capital~~and wefinancial ~~will~~condition ~~not~~are bebased ~~able~~upon our condensed consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States of America. The preparation of these condensed consolidated financial statements requires us to ~~implement~~make ~~any~~estimates ~~facets~~and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. We evaluate our ~~business~~estimates ~~plan~~on an ongoing basis, including those related to provisions for uncollectible accounts receivable, inventories, valuation of intangible assets and contingencies and litigation. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.

WeThe ~~intend~~accounting topolicies ~~pursue~~that ~~capital~~we ~~through~~follow ~~public~~are set orforth ~~private~~in ~~financing~~Note as2 ~~well~~to asour ~~borrowings~~financial ~~and~~statements ~~other sources, such~~ as ~~our~~included ~~equity backed loans~~ in ~~order~~the toSEC ~~finance~~report ~~our business activities~~filed. WeThese ~~cannot~~accounting ~~guarantee~~policies ~~that~~conform ~~additional~~to ~~funding~~accounting ~~will~~principles generally beaccepted ~~available~~in onthe ~~favorable~~United ~~terms,~~States ifand athave ~~all.~~been Ifconsistently ~~adequate~~applied ~~funds~~in ~~are~~the ~~not~~preparation ~~available,~~of ~~then~~the ~~our~~financial ~~ability to continue our operations may be significantly hindered~~statements.

We cannot guarantee we will be successful in our business operations. Our business is subject to risks inherent in the establishment of an early stage business enterprise, including the financial risks associated with the limited capital resources currently available to us for the implementation of our business strategies (See "Risk Factors", above). To become profitable and competitive over the long run, we must develop our business and marketing plan and execute such plan. Our management will attempt to secure financing through various means including borrowing and investment from institutions and private individuals.13

~~Our~~Item ~~independent~~3. ~~auditor~~Quantitative ~~has~~and ~~expressed~~Qualitative ~~substantial~~Disclosures ~~doubt~~ about ~~our~~Market ability to continue as a going concern and believes that our ability is dependent on our ability to implement our business plan, raise capital and generate revenues. See Note 2 of our financial statements.Risk

~~Item~~As 3.a ~~Quantitative~~“smaller ~~and~~reporting ~~Qualitative~~company,” as ~~Disclosures~~defined ~~About~~by ~~Market~~Rule ~~Risks~~12b-2 of the Exchange Act, we are not required to provide the information in this Item.

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

Item 4. Controls and Procedures

~~Our~~Disclosure ~~principal executive officer evaluated the effectiveness of our disclosure controls~~ Controls and procedures, as defined in Rules 13a – 15(e) and 15d – 15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) that are designed to ensure that information required to be disclosed in our reports under the Exchange Act, is recorded, processed, summarized and reported within the time periods required under the SEC’s rules and forms and that the information is gathered and communicated to our management, including our principal executive officer as appropriate, to allow for timely decisions regarding required disclosure as of the end of the period covered by this report. Based on this evaluation, our principal executive officer concluded that our disclosure controls and procedures were not effective as of the end of the period covered by this report due to a lack of segregation of duties and an absence of written policies and procedures for accounting and financial reporting.Procedures

~~Change~~Pursuant to Rule 13a-15(b) under the Securities Exchange Act of 1934 (“Exchange Act”), the Company carried out an evaluation, with the participation of the Company’s management, including the Company’s Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”) (the Company’s principal financial and accounting officer), of the effectiveness of the Company’s disclosure controls and procedures (as defined under Rule 13a-15(e) under the Exchange Act) as of the end of the period covered by this report. The framework used by management in making that assessment was the criteria set forth in the document entitled “Internal ~~Controls~~Control ~~Over~~– ~~Financial~~Integrated Framework” ~~Reporting~~issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework). Based upon that evaluation, the Company’s CEO and CFO concluded that the Company’s disclosure controls and procedures are effective to ensure that information required to be disclosed by the Company in the reports that the Company files or submits under the Exchange Act, is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to the Company’s management, including the Company’s CEO and CFO, as appropriate, to allow timely decisions regarding required disclosure for the reason described below.

~~There~~Because ~~were~~of noour ~~changes~~limited inoperations, ~~our~~we ~~internal~~have limited ~~control~~number ~~over~~of ~~financial~~employees ~~reporting~~which ~~that~~prohibits ~~occurred~~a ~~during~~segregation ~~the~~of ~~quarter~~duties. ~~ended~~In ~~November 30~~addition, ~~2016~~we ~~that~~lack ~~have~~a ~~materially~~formal ~~affected~~audit committee with a financial expert. As we grow and expand our operations, orwe ~~are~~will ~~reasonably~~engage ~~likely~~additional toemployees ~~materially~~and ~~affect~~experts as needed. However, ~~our~~there ~~internal~~can ~~control~~be ~~over~~no ~~financial~~assurance ~~reporting~~that our operations will expand.

11Changes in Internal Control Over Financial Reporting

~~Part~~There ~~II.~~were ~~Other~~no ~~Information~~changes in our internal control over financial reporting that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II OTHER INFORMATION

Item 1. Legal Proceedings

~~From~~We ~~time~~are tonot ~~time,~~a ~~we may become~~ party to ~~litigation~~any material or ~~other~~ legal ~~proceedings~~proceeding, and, ~~that we consider~~ to ~~be a part of the ordinary course of~~ our ~~business. We are not currently involved in legal proceedings that could reasonably be expected to have a material adverse effect on our business~~knowledge, ~~prospects,~~none ~~financial~~is ~~condition~~contemplated or ~~results of operations~~threatened. ~~We may become involved in material legal proceedings in the future.~~

Item 1A. Risk Factors

~~There~~We ~~have~~are ~~been~~a nosmaller ~~material~~reporting ~~changes~~company ~~from~~and, ~~the~~as ~~risk~~a ~~factors~~result, ~~previously~~are ~~disclosed~~not inrequired to ~~the~~provide ~~Company’s annual report on Form 10-K, filed with~~ the ~~Commission~~information onunder ~~October~~this ~~13,~~item. ~~2016,~~Please ~~and investors are encouraged to~~ review ~~such~~the risk factors ~~prior~~identified toin ~~making~~Item an1.A ~~investment~~of inour ~~the~~2021 ~~Company~~Form 10.

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

~~There~~During ~~were~~the nothree ~~unregistered~~months ~~sales~~ended ofMarch ~~equity~~31, ~~securities~~2022, the ~~during~~Company ~~the~~did ~~quarter~~not ~~ended~~sell ~~November~~any ~~30,~~unregistered ~~2016~~securities.

Item 3. Defaults Upon Senior Securities

~~None~~There have been no defaults upon senior securities.

Item 4. Mine Safety Disclosures

Not applicable.

Item 5. Other Information

~~Not~~As ~~applicable~~a “smaller reporting company,” as defined by Rule 12b-2 of the Exchange Act, we are not required to provide the information in this Item.

Item 6. Exhibits

Exhibit No.		Description of Exhibit
No.		Description
31.1*		Certification of Principal Executive Officer and Principal Accounting Officer pursuant to Section 302 of the Sarbanes-Oxley Act.
31.1		Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer
32.1**		Certification of Principal Executive Officer and Principal Accounting Officer Pursuant to Section 906 of the Sarbanes-Oxley Act
31.2		Rule 13a-14(a)/15d-14(a) Certification of Chief Financial Officer
101.INS++		XBRL Instance Document
32.1		Section 1350 Certification of Chief Executive Officer
101.SCH++		XBRL Taxonomy Extension Schema Document
32.2		Section 1350 Certification of Chief Financial Officer
101.CAL++		XBRL Taxonomy Extension Calculation Linkbase Document
101		The following financial statements from the Company’s Quarterly Report on Form 10-K for the year ended December 31, 2021, formatted in inline XBRL, include: (i) Condensed Consolidated Balance Sheets, (ii) Condensed Consolidated Statements of Operations, (iii) Condensed Consolidated Statements of Stockholders’ Equity, (iv) Condensed Consolidated Statements of Cash Flows and (v) the Notes to the Condensed Consolidated Financial Statements.
101.DEF++		XBRL Taxonomy Extension Definition Linkbase Document
101.LAB++		XBRL Taxonomy Extension Label Linkbase Document
101.PRE++		XBRL Taxonomy Extension Presentation Linkbase Document

~~______________~~15

*	Filed herewith.
**	Furnished herewith.
++	XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

SIGNATURES

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

	Nhale, Inc.
May 12, 2022	Nhale Inc
Date: January 13, 2017	By:	/s/ Lance Williams
	By:	/s/ Chongyi Yang
		Lance Williams
		Name: Chongyi YangTitle: Chief Executive Officer
		Chairman of the Board and CEO
		(Principal Executive Officer and Principal Accounting Officer)

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