ASSET PURCHASE AGREEMENTS

9 Months Ended

Sep. 30, 2026

ASSET PURCHASE AGREEMENTS

ASSET PURCHASE AGREEMENTS

NOTE 4 – ASSET PURCHASE AGREEMENT

On February 17, 2026, the Company entered into an Asset Purchase Agreement pursuant to which the Company acquired various proprietary assets and intellectual property for 60,000,000 restricted shares of common stock valued at $7,932,000, was the value of the shares issued on the agreement date.

The Company evaluated the Asset Purchase Agreement in accordance with ASC 805 – Business Combinations which notes the threshold requirements of a business combination that includes the expanded definition of a “business” and defines elements that are to be present to be determined whether an acquisition of a business occurred. No “activities” of the acquiree were acquired. Instead, the Company obtained control of a set of inputs (the acquired assets). Thus, the Company determined agreement is an acquisition of assets, not an acquisition of a business in accordance with ASC 805.

Management evaluated the assets and determined the value to $7,932,000 as of September 30, 2026. The Company is conducting a valuation of the proprietary assets and intellectual property acquired under the Asset Purchase Agreement to identify the individual assets acquired, determine their relative fair values. The valuation will also support management’s determination of the assets’ estimated useful lives and applicable amortization methods. Management did however evaluate the asset and determined that no impairment was of the asset was necessary as of September 30, 2026.

Management will evaluate the valuation results and account for any required adjustments in accordance with applicable U.S. GAAP.