SUBSEQUENT EVENTS

3 Months Ended

Dec. 31, 2023

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 9. SUBSEQUENT EVENTS

In accordance with FASB ASC 855-10 Subsequent Events, the Company has analyzed its operations subsequent to December 31, 2023, to the date these consolidated financial statements were issued, and has determined that it does not have any material subsequent events to disclose in these consolidated financial statements, except as follow:

On November 30, 2022, Summit Networks Inc (hereinafter referred to as "SNTW") and Future Era Tech Inc (hereinafter referred to as "FET"), signed a general agreement of cooperation. In October 2023, SNTW and FET jointly discussed and decided to set up a new business model platform, in the daily consumer goods segment, to organize the suppliers to set up downstream companies and stores and direct supply chain to consumers, i.e. S2B2C models, businesses partner with other companies to reach new customers. At present, the investigation work of this plan has been completed and a detailed business plan is being prepared. As the start-up project needs financial support, SNTW’s next round of financing is already being deployed.