10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

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

For the quarterly period ended March 31, 2021

☐ 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: 000-55819

STRONG SOLUTIONS INC.

(Exact name of Registrant as specified in its charter)

Nevada         38-3942046

(State of incorporation)        (IRS Employer ID Number)

102 N. Curry Street Carson City, NV 89703

(Address of Principal Executive Offices) Zip Code

775-434-4451

(Registrant’s telephone number)

Not Applicable

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

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes ☒  No ☐

Indicate by check mark whether the registrant has submitted every Interactive Data File required to be submitted 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 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 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 ☐

As of March 31, 2021, there were 39,551,000 shares of our common stock issued and outstanding.

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SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain information included in this Quarterly Report on Form 10-Q and other filings of the Registrant under the Securities Act of 1933, as amended (the “Securities Act”), and the Securities Exchange Act of 1934, as amended (the “Exchange Act”), as well as information communicated orally or in writing between the dates of such filings, contains or may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward-looking statements in this Quarterly Report on Form 10-Q, including without limitation, statements related to our plans, strategies, objectives, expectations, intentions and adequacy of resources, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from expected results. Among these risks, trends and uncertainties are the availability of working capital to fund our operations, the competitive market in which we operate, the efficient and uninterrupted operation of our computer and communications systems, our ability to generate a profit and execute our business plan, the retention of key personnel, our ability to protect and defend our intellectual property, the effects of governmental regulation, and other risks identified in the Registrant’s filings with the Securities and Exchange Commission from time to time.

In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “should,” “could,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of such terms or other comparable terminology. Although the Registrant believes that the expectations reflected in the forward-looking statements contained herein are reasonable, the Registrant cannot guarantee future results, levels of activity, performance or achievements. Moreover, neither the Registrant, nor any other person, assumes responsibility for the accuracy and completeness of such statements. The Registrant is under no duty to update any of the forward-looking statements contained herein after the date of this Quarterly Report on Form 10-Q. 

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TABLE OF CONTENTS

		Page No.
	PART I – FINANCIAL INFORMATION
Item 1.	Financial Statements:	4
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	12
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	14
Item 4.	Controls and Procedures	14
	PART II – OTHER INFORMATION
Item 1.	Legal Proceedings	15
Item 1a.	Risk Factors	15
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	15
Item 3.	Defaults Upon Senior Securities	15
Item 4.	Mine Safety Disclosures	15
Item 5.	Other Information	15
Item 6.	Exhibits	15

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STRONG SOLUTIONS, INC.

BALANCE SHEETS

(Unaudited)

		March 31, 2021		December 31, 2020
ASSETS
CURRENT ASSETS:
Cash	$	-	$	-
Total current assets		-		-
		-		-
Assets of discontinued operations		-		17,457
TOTAL ASSETS	$	-	$	17,457
LIABILITIES AND STOCKHOLDERS’ DEFICIT
CURRENT LIABILITIES:
Accounts payable and accrued liabilities		2,512		-
Liabilities of discontinued operations		146,350		143,500
Total current liabilities		148,862		143,500
Commitments and Contingencies		-		-
STOCKHOLDERS’ DEFICIT
Common stock, par value $0.0001 per share; 75,000,000 shares authorized; 39,551,000 and 38,193,000 shares issued and outstanding as of March 31, 2021 and December 31, 2020		3,955		3,819
Additional paid in capital		829,483		363,111
Accumulated deficit		(982,300)		(492,973)
Total stockholders' deficit		(148,862)		(126,043)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	-	$	17,457

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STRONG SOLUTIONS, INC.

STATEMENTS OF OPERATIONS

(Unaudited)

		For the three months ended
		March 31,
		2021		2020
Operating expenses
Stock based compensation – related party		461,125		-
General and administrative		6,078		-
Total operating expense		467,203		-
Other Income (Expense)
Interest expense		(13)		-
Loss from disposition of discontinued operations		(17,061)
Total other income (expense)		(17,074)		-
Net loss from continuing operations		(484,277)		-
Net loss from discontinued operations		(5,050)		(8,348)
Net loss	$	(489,327)	$	(8,348)
Net loss per common share – basic and diluted	$		$
Continuing operations		(0.00)		(0.00)
Discontinued operations		(0.00)		(0.00)
		(0.00)		(0.00)
Weighted average common shares outstanding – basic and diluted		38,730,231		36,293,000

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STRONG SOLUTIONS, INC.

STATEMENT OF STOCKHOLDERS’ DEFICIT

FOR THE THREE MONTHS ENDED MARCH 31, 2021 AND 2020

(Unaudited)

	Common Stock: Shares		Common Stock: Amount		Additional Paid in Capital		Accumulated Deficit		Totals
Balance – December 31, 2020	38,193,000	$	3,819	$	363,111	$	(492,973)	$	(126,043)
Common stock issued to related party for cash	526,200		53		5,147				5,200
Common stock issued to related party for services	81,800		8		800				808
Stock compensation paid to CEO	750,000		75		460,425				460,500
Net loss for the period			-		-		(489,327)		(489,327)
Balance March 31, 2021	39,551,000	$	3,955	$	829,483	$	(982,300)	$	(148,862)

	Common Stock: Shares		Common Stock: Amount		Additional Paid in Capital		Accumulated Deficit		Totals
Balance - December 31, 2019	36,293,000	$	3,629	$	344,301	$	(457,660)	$	(109,730)
Net loss for the period			-		-		(8,348)		(8,348)
Balance March 31, 2020	36,293,000	$	3,629	$	344,301	$	(466,088)	$	(118,078)

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STRONG SOLUTIONS, INC.

STATEMENTS OF CASH FLOWS

(Unaudited)

		For the Three Months Ended March 31,
		2021		2020
OPERATING ACTIVITIES:
Net loss from continuing operations	$	(484,277)	$	-
Net loss from discontinued operations		(5,050)		(8,348)
Net loss		(489,327)		(8,348)
Adjustments to reconcile net loss to net cash (used in) operating activities:
Shares issued to related party for services		808		-
Shares issued to CEO		460,500		-
Loss on disposition of discontinued operations		17,457		6,000
Changes in assets and liabilities
Accounts payable and accrued expenses		5,362		-
Loan payable – related party		-		1,250
NET CASH USED IN CONTINUED OPERATING ACTIVITIES		(5,200)		-
NET CASH USED IN DISCONTINUED OPERATING ACTIVITIES		-		7,250
NET CASH USED IN OPERATION ACTIVITIES		(5,200)		(1,098)
Common stock issued to related party		5,200		-
NET CASH PROVIDED BY FINANCING ACTIVITIES		5,200		-
EFFECT OF EXCHANGE RATE CHANGES		-		-
NET INCREASE (DECREASE) IN CASH		-		(1,098)
CASH – BEGINNING OF PERIOD		-		1,770
CASH – END OF PERIOD	$	-	$	672
LESS NET CASH FROM DISCONTINUED OPERATIONS - END OF PERIOD		-		(672)
NET CASH FROM CONTINUING OPERATIONS – END OF PERIOD		-		-
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:
Cash paid for income taxes		-		-
Cash paid for interest		-		-
NON-CASH INVESTING AND FINANCING ACTIVITES:

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STRONG SOLUTIONS INC.

NOTES TO FINANCIAL STATEMENTS

FOR THE THREE MONTHS ENDED MARCH 31, 2021

AND THE YEAR ENDED DECEMBER 31, 2020

(Unaudited)

NOTE 1 – DESCRIPTION OF BUSINESS

Strong Solutions, Inc. (the “Company”) was incorporated under the laws of the State of Nevada on June 18, 2014 to engage in the business of real estate management, maintenance and rehabilitation and construction equipment rental in Ukraine. The Company provided this service for companies and individuals outside of the United States of America.

As a development-stage enterprise, the Company had no operating revenue from December 31, 2020 through March 31, 2021 as a result of lockdowns from COVID 19 in the Ukraine.  As a result, a special shareholders meeting was held on March 22, 2021 and a new board of directors elected.  

A special board meeting was then held on April 5, 2021 at which officers were appointed and all business in the Ukraine cancelled, including office rent for Mr. Guzii, resulting in no Commission Revenue generated from Ukrainian clients. The Company is currently devoting substantially all its present efforts to securing and establishing a new business in the United States.

NOTE 2 – GOING CONCERN

The financial statements have been prepared assuming that the Company will continue as a going concern. Currently, the Company has a cash balance of $0 as of March 31, 2021 and net loss from operation of $405,239 for the three months ended March 31, 2021. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Management believes that the Company’s capital requirements will depend on many factors including the success of our development efforts and our efforts to raise capital. Management also believes the Company needs to raise additional capital for working purposes. There is no assurance that such financing will be available in the future. The financial statements of the Company do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Cash equivalents

The Company considers all highly liquid instruments and tries to work in cash equivalent segment. The Company’s funds are deposited in insured institutions.

Fixed Assets

Fixed assets are stated at historical cost less accumulated depreciation. The historical cost of acquiring an item of fixed assets includes the costs necessarily incurred to bring it to the condition and location necessary for its intended use. Costs associated with repairs and maintenance are expensed as incurred. Depreciation is provided using the straight-line method over the estimated useful lives of the assets. 

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Use of estimates

The preparation of the financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from these estimates.

Revenue recognition

We base our judgment on guidance ASC 606. Accounting Standards Update 2016-08.

All revenues appear in current periods to be recognized as gross, so, there is no net revenue recognized in current periods.

FASB’s new single, principle-based approach to accounting for revenue from contracts with customers. As the entity, we involved in providing a good and provide service to the customers. In those circumstances, Topic 606 requires us to determine whether the nature of our promise is to provide that good or service to the customers (that is, the entity is a principal) or to arrange for the good or service to be provided to the customers by the other party (that is, the entity is an agent).

This determination is based upon whether we control the good or the service before it is transferred to the customer. Some indicators help in this evaluation.

1. We identify obligations in the contract with firm Markus. A contract includes promises to transfer temporary right to use construction equipment in their business for profit.

2. We determine the transaction price $500 in a month. The transaction price is the reasonable amount of which we and firm Markus were agree.

3. We recognize revenue when the firm Markus obtains control of that equipment and we received the payment.

4. The transaction price also can include variable consideration or consideration in a form other than cash. In our property management service with Protel Management we received changeable revenue.  If the consideration is variable, we estimate the amount of consideration to which we will be entitled in exchange for the services. The estimated amount of variable consideration will be included in the transaction price only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved.

The Company considered recognizes the revenue on the accrual basis, revenue is recognized when earned and services have been performed. We are principal, and recognize the gross amount received from the customer as revenue. Revenues are reported on the income statement when the services have been performed. Our revenue includes the gross amounts that come from Client for the Property Management and Rent Service.

Stock Based Compensation

The Company measures the cost of services received in exchange for an award of equity instruments based on the fair value of the award. For employees and directors and non-employees, the fair value of the award is measured on the grant date. The fair value amount is then recognized over the period during which services are required to be provided in exchange for the award, usually the vesting period. Stock-based compensation expense is recorded by the Company in the same expense classifications in the consolidated statements of operations, as if such amounts were paid in cash.

NOTE 4 – COMMITMENTS AND CONTINGENCIES

The Company is not currently a party to any material legal proceedings, nor is we aware of any other pending or threatened litigation that would have a material adverse effect on our business, operating results, cash flows or financial condition should such litigation be resolved unfavorable.

NOTE 5 – RELATED PARTY TRANSACTIONS

Mr. Guzii was our controlling shareholder. He represented the company and provided the services on our behalf to our clients Markus and Protel Management. Mr. Guzii sold his controlling interest to NV Share Services LLC on May 13, 2020. On March 22, 2021 a

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Special Shareholders Meeting was held at which Mr. Guzii was removed as an officer and director of the Company without prejudice due to the Covid 19 Pandemic, at the request in writing by NV Share Services LLC. On April 5, 2021 a special board meeting was held at which all business in the Ukraine was cancelled, effective January 1, 2021, so that the Company could devote all of its time to finding new business in the United States.

We rented office space from Mr. Guzii in Ukraine for $450 a month. As of January 1, 2021 we are no longer renting office space from Mr. Guzii.  We do not have an employment agreement with Mr. Guzii.

A director of Protel Management, Sergii Povaliaiev, also is a shareholder. He holds 25,000 common shares – it is lower than 0.1% of total issued common shares.

On February 24, 2021 the Company issued 750,000 of common stock to Mr. Andrii Guzii as compensation for services valued at $460,500.  On that same date, the Company issued 608,000 shares of common stock to NV Share Services LLC for cash valued at $6,080.

NOTE 6 – COMMON STOCK

The company authorized 75,000,000 Common shares $0.0001 par value.

We issued 300,000 shares of common stock to Andrii Guzii in consideration of expenses incurred on December 9, 2020.

We issued 800,000 shares of common stock to NV Share Services LLC in consideration of $8,000 in cash on December 7, 2020.

We issued 400,000 shares of common stock to NV Share Services LLC in consideration of $4,000 in cash on August 27, 2020.

We issued 400,000 shares of common stock NV Share Services LLC in consideration of $4,000 in cash on May 26, 2020.

We issued 1,293,000 common shares for cash at a purchase price of $0.01 per share to 31 nonaffiliated shareholders.

We issued 5,000,000 common shares for cash at a purchase price of $0.002 per share to our director Mr.Guzii.

30,000,000 shares were issued to our director Mr.Guzii for repayment of accrued salary on $30,000 and $270,000 of stock compensation value at $0.01 per share.  This value was determined based on the previous sale of stock to unrelated parties at 0.01 per share.

On February 24, 2021 the Company issued 750,000 of common stock to Mr. Andrii Guzii as compensation for services valued at $460,500.  On that same date, the Company issued 608,000 shares of common stock to NV Share Services LLC for cash valued at $5,200 and services valued at $880.

As of March 31, 2021, the Company had issued and outstanding 39,551,000 shares of common stock.

NOTE 7 – DISCONTINUED OPERATIONS

 The Company has just two contracts for property management and equipment rental in the Ukraine where the Pandemic has affected our business and as a result the Board of Directors has canceled its contracts with both Protel Management and Marcus effective January 1, 2021. The office rented for the Company has also been canceled as of January 1, 2021.

We provide property management services for Protel Management in the Ukraine. We own construction equipment which is rented out to Marcus monthly. Protel’s property is vacant due to the Pandemic. Marcus’ equipment rental stopped due the Pandemic. With no further business interests in the Ukraine, the Company stopped paying office rent as of January 1, 2021, as determined by the Board of Directors.

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The major classes of assets and liabilities of Strong Solutions, Inc. at March 31, 2021 are as follows:

	March 31,		December 31
	2021		2020
ASSETS
Current assets
Cash and cash equivalents	$	-	$	2,457
Total current assets		-		-
Non-current assets
Equipment, net		-		15,000
Assets of discontinued operations	$	-	$	17,457
LIABILITIES
Current liabilities
Related party accrued shareholder salary	$	140,500	$	140,500
Accounts payable loan from related party		3,000		3,000
Total current liabilities		143,500		143,500
Liabilities of discontinued operations		143,500		143,500
Net (liabilities) assets of discontinued operations	$	(143,500)	$	(126,043)

NOTE 8 – SUBSEQUENT EVENTS

In accordance with ASC 855 the Company’s management reviewed all material events through the date these financial statements were available to be issued, there was only one material subsequent event.  

On April 5, 2021 a Special Board Meeting was held at which all contracts, including Mr. Guzii’s office, in the Ukraine were cancelled, effective January 1, 2021, due to the Covid 19 Pandemic and the Company’s focus on new business in the United States. On that same date,  David Anderson was appointed President by a majority of the Board of Directors and Eric Stevenson was appointed Treasurer by a majority of the Board of Directors.

On April 05, 2021, the Board of Directors unanimously approved issuing 500,000 shares of common stock to each Director as compensation for serving on the Board. The Board of Directors unanimously approved issuing 500,000 shares of common stock to each Officer as compensation for serving as Management for Strong Solutions, Inc. In addition, each Officer will receive $10,000 a month in compensation and if no funds are available, the compensation shall accrue.

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ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Operating results for the three months ended March 31, 2021, are not necessarily indicative of results that may occur in future interim periods or for the full fiscal year.

As used in this Form 10-Q, references to the Company,” “we,” “our” or “us” refer to Strong Solutions, Inc. a Nevada Corporation unless the context otherwise indicates.

Forward-Looking Statements

Our Form 10 contains “forward–looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and such statements are intended to enjoy the benefit of that act.  Unless the context is otherwise, we use words such as “anticipate”, “assumption”, ”believe”, “could”, “estimate”, “expect”, “forecast”, “intend”, “may”, “objective”, “outlook”, “plan” and “plans”, “potential”, “predict”, project” and “projection”, “seek”, “should”, “will continue”, “will result” and “would”, or other such words, whether nouns or pronouns and verbs or adverbs in the future tense and words and phrases that convey similar meaning and uncertainty  of and information about future events or outcomes and statements about performance that is not an historical fact to identify these  forward–looking statements. Such words and statements involve estimates, assumptions and uncertainties, which could cause actual results to differ materially from those expressed in them. Any forward–looking statements are qualified in their entirety by reference to the factors discussed throughout this document. All forward-looking statements concerning economic conditions, rates of growth, rates of income or values as may be included in this document are based on information available to us on the dates noted, and we assume no obligation to update any such forward–looking statements. It is important to note that our actual results may differ materially from those anticipated in such forward-looking statements due to fluctuations in interest rates, inflation, government regulations, economic conditions and competitive product and pricing pressures in the geographic and business areas in which we conduct operations, including our plans, objectives, expectations and intentions and other factors discussed elsewhere in this registration statement.

There are a number of important factors beyond our control that could cause actual results to differ materially from the results anticipated by these forward–looking statements.  While we make these forward–looking statements based on our beliefs and on various factors and using numerous assumptions using information available at the time we make these statements. Forward-looking statements are neither predictions nor guaranties of future events or circumstances, and the assumptions, beliefs, expectations, forecasts and projections about future events may differ materially from actual results.  You have no assurance the factors and assumptions we have used as a basis for forward–looking statements will prove to be materially accurate when the events they anticipate actually occur in the future; and, you should not place undue reliance on any such forward–looking statements. We undertake no obligation to publicly update any forward–looking statement to reflect developments occurring after the date of this registration statement.

Business Overview

Mr. Guzii founded the Company to engage in real estate management and consulting, maintenance and rehabilitation, and construction equipment rental in the Ukraine. At the date of this report a new board was elected, Mr. Guzii was removed as a Director and Officer without prejudice and new officers appointed.  The exit from the Ukraine was due to the Covid 19 Pandemic and focusing the Company’s business efforts in the United States.   We have cancelled all contracts with Protel Management and Markus, as well as cancelling the office rented for Mr. Guzii.

We are now committed to developing new business in the United States.

Results of Operations for the three months period ended March 31, 2021 and for the three months period ended March 31, 2020

For the three months period ended March 31, 2021 we generated $0 in revenues.  

For the three months period ended March 31, 2021 we had $467,203 company expenses consist of $6,078 general and administration expense, and $461,125 in Stock based compensation.  The stock-based compensation of $460,500 was paid to our CEO Mr. Andrii Guzii. Our loss from operations was $484,277.

For the three months period ended March 31, 2020 we generated $2,530 in revenues from discontinued operations. Our cash balances were not sufficient to fund our limited levels of operations for any period of time without further revenue or proceeds. NV Share Services LLC purchased 35,000,000 shares of common stock in the Company from Mr. Andrii Guzii May 13, 2020 for cash. Since buying control

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from Mr. Guzii, NV Share Services LLC has purchased common stock in the Company for $0.01 a share every quarter.  There can be no assurances that NV Share Services LLC will continue to purchase shares in the Company. Being a development stage company, we have a limited operating history but had commenced business operations in the Ukraine based upon the amount of limited revenue we have been able to generate.

At the present time, we have not made any arrangements to raise additional cash. If we are unable to raise additional cash, we will either have to suspend operations until we do raise the cash or cease operations entirely.

During the startup period, our operations were limited due to the limited amount of funds on hand. Our goal was to profitably market and rent our construction equipment and sell related property management and property rehabilitation services.  This business was discontinued January 1, 2021 due to several lockdowns in the Ukraine due to the Covid 19 Pandemic.  The Board of Directors determined that after three years and no growth in revenue in the Ukraine that it would be better for the Company to cancel all Ukraine contracts and focus on new business in the United States.

Liquidity and Capital Resources

As of March 31, 2021, and March 31, 2020 we had cash of 0 and $2,457 respectively.

We had fixed assets on our balance total $15,000 in Scaffolding and Rafters.

Off Balance Sheet Arrangements

None

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ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

An Emerging Growth company, as defined on form 10 is not required to provide the information required by this item.

An emerging growth company is also exempt from Section 404(b) of the Sarbanes-Oxley Act which requires that the registered accounting firm shall, in the same report, attest to and report on the assessment on the effectiveness of the internal control structure and procedures for financial reporting. Similarly, as a Smaller Reporting Company we are exempt from Section 404(b) of the Sarbanes-Oxley Act and our independent registered public accounting firm will not be required to formally attest to the effectiveness of our internal control over financial reporting until such time as we cease being a Smaller Reporting Company.

As an emerging growth company, we are exempt from Section 14A (a) and (b) of the Securities Exchange Act of 1934 which require the shareholder approval of executive compensation and golden parachutes.

Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards.  In other words, an emerging growth company can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies.  We have elected to take advantage of the benefit of this extended transition period.

Our financial statements may therefore not be comparable to those of companies that comply with such new or revised accounting standards. We would cease to be an emerging growth company upon the earliest of: • the first fiscal year after our annual gross revenues are $1 billion or more; • the date on which we have, during the previous three-year period, issued more than $1 billion in non-convertible debt securities; • as of the end of any fiscal year in which the market value of our common stock held by non-affiliates exceeded $700 million as of the end of the second quarter of that fiscal year.       

ITEM 4. CONTROLS AND PROCEDURES

Laws and regulations use controls, disclosure obligations and other restrictions that affect the property management development in the Ukraine. Such laws and regulations tend to discourage rent and leasing activities. Transactions in which we were involved may be delayed or abandoned as a result of these restrictions.

We are implementing procedures to control advertising and promotions. These procedures are necessary to assure our proper representation and include review of all advertising material and restrictions on how our clients and others can advertise using our brand.

Changes in Internal Control Over Financial Reporting

There have been no changes in the Company’s internal control over financial reporting identified in connection with the evaluation that occurred during the Company’s last fiscal quarter that has materially affected, or is reasonable likely to materially affect, the Company’s internal control over financial reporting.

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PART II

OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

The Company is not currently a party to any material legal proceedings, nor is we aware of any other pending or threatened litigation that would have a material adverse effect on our business, operating results, cash flows or financial condition should such litigation be resolved unfavorable.

ITEM 1A. RISK FACTORS

Because we are classified as an Emerging Growth Company under the federal securities laws, we are not required to include risk factors in this 10Q report. The risk factors were included in our form 10.

ITEM 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

We sold unregistered securities during the quarter ended March 31 ,2021.  NV Share Services LLC paid cash, $0.01 per share of common stock, to purchase 608,000 shares for $6,008 in cash on February 24, 2021.  We issued 750,000 shares of common stock to Mr. Andrii Guzii on February 24, 2021 for compensation valued at $460,500.  

Purchases of equity securities by the issuer and affiliated purchasers

During the quarter ended March 31, 2021 there were no purchases of equity securities by us or affiliated purchasers.

Use of Proceeds

None

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

We have no senior securities outstanding.

ITEM 4. MINE SAFETY DISCLOSURES

Not Applicable.

ITEM 5. OTHER INFORMATION

None.

ITEM 6. EXHIBITS

Exhibit No.Description 

31.1Certification by Chief Executive Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act (filed hereto) 

32.1Certification by Chief Executive Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (filed hereto) 

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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.

Strong Solutions Inc.

September 27, 2021

By:/s/ Eric Stevenson

Secretary/Treasurer

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EX-31.1

EXHIBIT 31.1

CERTIFICATIONS

I, Eric Stevenson certify that:

1. I have reviewed this quarterly report on Form 10-Q of Strong Solutions, Inc.

2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;

4. I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f) for the registrant and have:

(a) Designed such disclosure controls and procedures or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the issuer's most recent quarter that has materially affected, or is reasonably likely to materially affect, the small business issuer's internal control over financial reporting.

5. I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

/s/ Eric Stevenson

Eric Stevenson, Secretary/Treasurer

Date: September 27, 2021

1

EX-32.1

EXHIBIT 32.1

CERTIFICATION PURSUANT TO 18 U.S.C. SECTIONS 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Strong Solutions Inc. (the "Company") on Form 10-Q for period ended March 31, 2021, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Eric Stevenson, the Secretary/Treasurer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

1. The Company’s Quarterly Report for the quarter ended March 31, 2021 (“Report”) fully complies with the Requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents in all material respects, the financial condition and results of operations of the Company.

/s/ Eric Stevenson

Eric Stevenson, Secretary/Treasurer

Date: September 27, 2021

1

XML

Document and Entity Information	3 Months Ended
	Mar. 31, 2021 shares
Details
Registrant CIK	0001637242
Fiscal Year End	--12-31
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2021
Document Transition Report	false
Entity File Number	000-55819
Entity Registrant Name	STRONG SOLUTIONS INC.
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	38-3942046
Entity Address, Address Line One	102 N. Curry Street
Entity Address, City or Town	Carson City
Entity Address, State or Province	NV
Entity Address, Postal Zip Code	89703
Entity Address, Address Description	Address of Principal Executive Offices
City Area Code	775
Local Phone Number	434-4451
Phone Fax Number Description	Registrant’s telephone number
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	true
Entity Common Stock, Shares Outstanding	39,551,000
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1

XML

BALANCE SHEETS (Unaudited) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
CURRENT ASSETS:
Cash	$ 0	$ 0
Total current assets	0	0
Assets of discontinued operations	0	17,457
TOTAL ASSETS	0	17,457
CURRENT LIABILITIES:
Accounts payable and accrued liabilities	2,512	0
Liabilities of discontinued operations	146,350	143,500
Total current liabilities	148,862	143,500
Commitments and Contingencies	0	0
STOCKHOLDERS' DEFICIT
Common Stock, Value	3,955	3,819
Additional paid in capital	829,483	363,111
Accumulated deficit	(982,300)	(492,973)
Total stockholders' deficit	(148,862)	(126,043)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 0	$ 17,457

XML

BALANCE SHEETS (Unaudited) - Parenthetical - $ / shares	Mar. 31, 2021	Dec. 31, 2020
Details
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Common Stock, Shares Authorized	75,000,000	75,000,000
Common Stock, Shares, Issued	39,551,000	38,193,000
Common Stock, Shares, Outstanding	39,551,000	38,193,000

XML

STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Operating expenses
Stock based compensation - related party	$ 461,125	$ 0
General and administrative	6,078	0
Total operating expense	467,203	0
Other Income (Expense)
Interest expense	(13)	0
Loss from disposition of discontinued operations	(17,061)
Total other income (expense)	(17,074)	0
Net loss from continuing operations	(484,277)	0
Net loss from discontinued operations	(5,050)	(8,348)
Net loss	$ (489,327)	$ (8,348)
Net loss per common share - basic and diluted
Continuing operations	$ (0.00)	$ (0.00)
Discontinued operations	(0.00)	(0.00)
Earnings Per Share, Basic and Diluted	$ (0.00)	$ (0.00)
Weighted average common shares outstanding - basic and diluted	38,730,231	36,293,000

XML

STATEMENT OF STOCKHOLDERS' DEFICIT (Unaudited) - USD ($)	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Total
Equity Balance, Starting at Dec. 31, 2019	$ 3,629	$ 344,301	$ (457,660)	$ (109,730)
Shares Outstanding, Starting at Dec. 31, 2019	36,293,000
Stock Issued During Period, Value, New Issues				0
Stock Issued During Period, Value, Issued for Services				0
Shares Granted, Value, Share-based Payment Arrangement, after Forfeiture				0
Net Income (Loss)	$ 0	0	(8,348)	(8,348)
Shares Outstanding, Ending at Mar. 31, 2020	36,293,000
Equity Balance, Ending at Mar. 31, 2020	$ 3,629	344,301	(466,088)	(118,078)
Equity Balance, Starting at Dec. 31, 2020	$ 3,819	363,111	(492,973)	(126,043)
Shares Outstanding, Starting at Dec. 31, 2020	38,193,000
Stock Issued During Period, Value, New Issues	$ 53	5,147		5,200
Stock Issued During Period, Shares, New Issues	526,200
Stock Issued During Period, Value, Issued for Services	$ 8	800		808
Stock Issued During Period, Shares, Issued for Services	81,800
Shares Granted, Value, Share-based Payment Arrangement, after Forfeiture	$ 75	460,425		$ 460,500
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures	750,000			750,000
Net Income (Loss)	$ 0	0	(489,327)	$ (489,327)
Shares Outstanding, Ending at Mar. 31, 2021	39,551,000
Equity Balance, Ending at Mar. 31, 2021	$ 3,955	$ 829,483	$ (982,300)	$ (148,862)

XML

STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
OPERATING ACTIVITIES:
Net loss from continuing operations	$ (484,277)	$ 0
Net loss from discontinued operations	(5,050)	(8,348)
Net loss	(489,327)	(8,348)
Adjustments to reconcile net loss to net cash (used in) operating activities:
Stock Issued During Period, Value, Issued for Services	808	0
Shares Granted, Value, Share-based Payment Arrangement, after Forfeiture	460,500	0
Loss on disposition of discontinued operations	17,457	6,000
Changes in assets and liabilities
Accounts payable and accrued expenses	5,362	0
Loan payable - related party	0	1,250
NET CASH USED IN CONTINUED OPERATING ACTIVITIES	(5,200)	0
NET CASH USED IN DISCONTINUED OPERATING ACTIVITIES	0	7,250
NET CASH USED IN OPERATION ACTIVITIES	(5,200)	(1,098)
Stock Issued During Period, Value, New Issues	5,200	0
NET CASH PROVIDED BY FINANCING ACTIVITIES	5,200	0
EFFECT OF EXCHANGE RATE CHANGES	0	0
NET INCREASE (DECREASE) IN CASH	0	(1,098)
Cash and Cash Equivalents, at Carrying Value, Beginning Balance	0	1,770
Cash and Cash Equivalents, at Carrying Value, Ending Balance	0	672
LESS NET CASH FROM DISCONTINUED OPERATIONS - END OF PERIOD	0	(672)
NET CASH FROM CONTINUING OPERATIONS - END OF PERIOD	0	0
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:
Cash paid for income taxes	0	0
Cash paid for interest	$ 0	$ 0

XML

NOTE 1 - DESCRIPTION OF BUSINESS

3 Months Ended

Mar. 31, 2021

Notes

NOTE 1 - DESCRIPTION OF BUSINESS

NOTE 1 – DESCRIPTION OF BUSINESS

Strong Solutions, Inc. (the “Company”) was incorporated under the laws of the State of Nevada on June 18, 2014 to engage in the business of real estate management, maintenance and rehabilitation and construction equipment rental in Ukraine. The Company provided this service for companies and individuals outside of the United States of America.

As a development-stage enterprise, the Company had no operating revenue from December 31, 2020 through March 31, 2021 as a result of lockdowns from COVID 19 in the Ukraine.  As a result, a special shareholders meeting was held on March 22, 2021 and a new board of directors elected.  

A special board meeting was then held on April 5, 2021 at which officers were appointed and all business in the Ukraine cancelled, including office rent for Mr. Guzii, resulting in no Commission Revenue generated from Ukrainian clients. The Company is currently devoting substantially all its present efforts to securing and establishing a new business in the United States.

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NOTE 2 - GOING CONCERN

3 Months Ended

Mar. 31, 2021

Notes

NOTE 2 - GOING CONCERN

NOTE 2 – GOING CONCERN

The financial statements have been prepared assuming that the Company will continue as a going concern. Currently, the Company has a cash balance of $0 as of March 31, 2021 and net loss from operation of $405,239 for the three months ended March 31, 2021. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Management believes that the Company’s capital requirements will depend on many factors including the success of our development efforts and our efforts to raise capital. Management also believes the Company needs to raise additional capital for working purposes. There is no assurance that such financing will be available in the future. The financial statements of the Company do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

XML

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

3 Months Ended

Mar. 31, 2021

Notes

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Cash equivalents

The Company considers all highly liquid instruments and tries to work in cash equivalent segment. The Company’s funds are deposited in insured institutions.

Fixed Assets

Fixed assets are stated at historical cost less accumulated depreciation. The historical cost of acquiring an item of fixed assets includes the costs necessarily incurred to bring it to the condition and location necessary for its intended use. Costs associated with repairs and maintenance are expensed as incurred. Depreciation is provided using the straight-line method over the estimated useful lives of the assets. 

Use of estimates

The preparation of the financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from these estimates.

Revenue recognition

We base our judgment on guidance ASC 606. Accounting Standards Update 2016-08.

All revenues appear in current periods to be recognized as gross, so, there is no net revenue recognized in current periods.

FASB’s new single, principle-based approach to accounting for revenue from contracts with customers. As the entity, we involved in providing a good and provide service to the customers. In those circumstances, Topic 606 requires us to determine whether the nature of our promise is to provide that good or service to the customers (that is, the entity is a principal) or to arrange for the good or service to be provided to the customers by the other party (that is, the entity is an agent).

This determination is based upon whether we control the good or the service before it is transferred to the customer. Some indicators help in this evaluation.

1. We identify obligations in the contract with firm Markus. A contract includes promises to transfer temporary right to use construction equipment in their business for profit.

2. We determine the transaction price $500 in a month. The transaction price is the reasonable amount of which we and firm Markus were agree.

3. We recognize revenue when the firm Markus obtains control of that equipment and we received the payment.

4. The transaction price also can include variable consideration or consideration in a form other than cash. In our property management service with Protel Management we received changeable revenue.  If the consideration is variable, we estimate the amount of consideration to which we will be entitled in exchange for the services. The estimated amount of variable consideration will be included in the transaction price only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved.

The Company considered recognizes the revenue on the accrual basis, revenue is recognized when earned and services have been performed. We are principal, and recognize the gross amount received from the customer as revenue. Revenues are reported on the income statement when the services have been performed. Our revenue includes the gross amounts that come from Client for the Property Management and Rent Service.

Stock Based Compensation

The Company measures the cost of services received in exchange for an award of equity instruments based on the fair value of the award. For employees and directors and non-employees, the fair value of the award is measured on the grant date. The fair value amount is then recognized over the period during which services are required to be provided in exchange for the award, usually the vesting period. Stock-based compensation expense is recorded by the Company in the same expense classifications in the consolidated statements of operations, as if such amounts were paid in cash.

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NOTE 4 - COMMITMENTS AND CONTINGENCIES

3 Months Ended

Mar. 31, 2021

Notes

NOTE 4 - COMMITMENTS AND CONTINGENCIES

NOTE 4 – COMMITMENTS AND CONTINGENCIES

The Company is not currently a party to any material legal proceedings, nor is we aware of any other pending or threatened litigation that would have a material adverse effect on our business, operating results, cash flows or financial condition should such litigation be resolved unfavorable.

XML

NOTE 5 - RELATED PARTY TRANSACTIONS

3 Months Ended

Mar. 31, 2021

Notes

NOTE 5 - RELATED PARTY TRANSACTIONS

NOTE 5 – RELATED PARTY TRANSACTIONS

Mr. Guzii was our controlling shareholder. He represented the company and provided the services on our behalf to our clients Markus and Protel Management. Mr. Guzii sold his controlling interest to NV Share Services LLC on May 13, 2020. On March 22, 2021 a

Special Shareholders Meeting was held at which Mr. Guzii was removed as an officer and director of the Company without prejudice due to the Covid 19 Pandemic, at the request in writing by NV Share Services LLC. On April 5, 2021 a special board meeting was held at which all business in the Ukraine was cancelled, effective January 1, 2021, so that the Company could devote all of its time to finding new business in the United States.

We rented office space from Mr. Guzii in Ukraine for $450 a month. As of January 1, 2021 we are no longer renting office space from Mr. Guzii.  We do not have an employment agreement with Mr. Guzii.

A director of Protel Management, Sergii Povaliaiev, also is a shareholder. He holds 25,000 common shares – it is lower than 0.1% of total issued common shares.

On February 24, 2021 the Company issued 750,000 of common stock to Mr. Andrii Guzii as compensation for services valued at $460,500.  On that same date, the Company issued 608,000 shares of common stock to NV Share Services LLC for cash valued at $6,080.

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NOTE 6 - COMMON STOCK

3 Months Ended

Mar. 31, 2021

Notes

NOTE 6 - COMMON STOCK

NOTE 6 – COMMON STOCK

The company authorized 75,000,000 Common shares $0.0001 par value.

We issued 300,000 shares of common stock to Andrii Guzii in consideration of expenses incurred on December 9, 2020.

We issued 800,000 shares of common stock to NV Share Services LLC in consideration of $8,000 in cash on December 7, 2020.

We issued 400,000 shares of common stock to NV Share Services LLC in consideration of $4,000 in cash on August 27, 2020.

We issued 400,000 shares of common stock NV Share Services LLC in consideration of $4,000 in cash on May 26, 2020.

We issued 1,293,000 common shares for cash at a purchase price of $0.01 per share to 31 nonaffiliated shareholders.

We issued 5,000,000 common shares for cash at a purchase price of $0.002 per share to our director Mr.Guzii.

30,000,000 shares were issued to our director Mr.Guzii for repayment of accrued salary on $30,000 and $270,000 of stock compensation value at $0.01 per share.  This value was determined based on the previous sale of stock to unrelated parties at 0.01 per share.

On February 24, 2021 the Company issued 750,000 of common stock to Mr. Andrii Guzii as compensation for services valued at $460,500.  On that same date, the Company issued 608,000 shares of common stock to NV Share Services LLC for cash valued at $5,200 and services valued at $880.

As of March 31, 2021, the Company had issued and outstanding 39,551,000 shares of common stock.

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NOTE 7 - DISCONTINUED OPERATIONS

3 Months Ended

Mar. 31, 2021

Notes

NOTE 7 - DISCONTINUED OPERATIONS

NOTE 7 – DISCONTINUED OPERATIONS

 The Company has just two contracts for property management and equipment rental in the Ukraine where the Pandemic has affected our business and as a result the Board of Directors has canceled its contracts with both Protel Management and Marcus effective January 1, 2021. The office rented for the Company has also been canceled as of January 1, 2021.

We provide property management services for Protel Management in the Ukraine. We own construction equipment which is rented out to Marcus monthly. Protel’s property is vacant due to the Pandemic. Marcus’ equipment rental stopped due the Pandemic. With no further business interests in the Ukraine, the Company stopped paying office rent as of January 1, 2021, as determined by the Board of Directors.

The major classes of assets and liabilities of Strong Solutions, Inc. at March 31, 2021 are as follows:

	March 31,		December 31
	2021		2020
ASSETS
Current assets
Cash and cash equivalents	$	-	$	2,457
Total current assets		-		-
Non-current assets
Equipment, net		-		15,000
Assets of discontinued operations	$	-	$	17,457
LIABILITIES
Current liabilities
Related party accrued shareholder salary	$	140,500	$	140,500
Accounts payable loan from related party		3,000		3,000
Total current liabilities		143,500		143,500
Liabilities of discontinued operations		143,500		143,500
Net (liabilities) assets of discontinued operations	$	(143,500)	$	(126,043)

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NOTE 8 - SUBSEQUENT EVENTS

3 Months Ended

Mar. 31, 2021

Notes

NOTE 8 - SUBSEQUENT EVENTS

NOTE 8 – SUBSEQUENT EVENTS

In accordance with ASC 855 the Company’s management reviewed all material events through the date these financial statements were available to be issued, there was only one material subsequent event.  

On April 5, 2021 a Special Board Meeting was held at which all contracts, including Mr. Guzii’s office, in the Ukraine were cancelled, effective January 1, 2021, due to the Covid 19 Pandemic and the Company’s focus on new business in the United States. On that same date,  David Anderson was appointed President by a majority of the Board of Directors and Eric Stevenson was appointed Treasurer by a majority of the Board of Directors.

On April 05, 2021, the Board of Directors unanimously approved issuing 500,000 shares of common stock to each Director as compensation for serving on the Board. The Board of Directors unanimously approved issuing 500,000 shares of common stock to each Officer as compensation for serving as Management for Strong Solutions, Inc. In addition, each Officer will receive $10,000 a month in compensation and if no funds are available, the compensation shall accrue.

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NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Cash equivalents (Policies)

3 Months Ended

Mar. 31, 2021

Policies

Cash equivalents

Cash equivalents

The Company considers all highly liquid instruments and tries to work in cash equivalent segment. The Company’s funds are deposited in insured institutions.

XML

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Fixed Assets (Policies)

3 Months Ended

Mar. 31, 2021

Policies

Fixed Assets

Fixed Assets

Fixed assets are stated at historical cost less accumulated depreciation. The historical cost of acquiring an item of fixed assets includes the costs necessarily incurred to bring it to the condition and location necessary for its intended use. Costs associated with repairs and maintenance are expensed as incurred. Depreciation is provided using the straight-line method over the estimated useful lives of the assets. 

XML

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Use of estimates (Policies)

3 Months Ended

Mar. 31, 2021

Policies

Use of estimates

Use of estimates

The preparation of the financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from these estimates.

XML

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Revenue recognition (Policies)

3 Months Ended

Mar. 31, 2021

Policies

Revenue recognition

Revenue recognition

We base our judgment on guidance ASC 606. Accounting Standards Update 2016-08.

All revenues appear in current periods to be recognized as gross, so, there is no net revenue recognized in current periods.

FASB’s new single, principle-based approach to accounting for revenue from contracts with customers. As the entity, we involved in providing a good and provide service to the customers. In those circumstances, Topic 606 requires us to determine whether the nature of our promise is to provide that good or service to the customers (that is, the entity is a principal) or to arrange for the good or service to be provided to the customers by the other party (that is, the entity is an agent).

This determination is based upon whether we control the good or the service before it is transferred to the customer. Some indicators help in this evaluation.

1. We identify obligations in the contract with firm Markus. A contract includes promises to transfer temporary right to use construction equipment in their business for profit.

2. We determine the transaction price $500 in a month. The transaction price is the reasonable amount of which we and firm Markus were agree.

3. We recognize revenue when the firm Markus obtains control of that equipment and we received the payment.

4. The transaction price also can include variable consideration or consideration in a form other than cash. In our property management service with Protel Management we received changeable revenue.  If the consideration is variable, we estimate the amount of consideration to which we will be entitled in exchange for the services. The estimated amount of variable consideration will be included in the transaction price only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved.

The Company considered recognizes the revenue on the accrual basis, revenue is recognized when earned and services have been performed. We are principal, and recognize the gross amount received from the customer as revenue. Revenues are reported on the income statement when the services have been performed. Our revenue includes the gross amounts that come from Client for the Property Management and Rent Service.

XML

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Stock Based Compensation (Policies)

3 Months Ended

Mar. 31, 2021

Policies

Stock Based Compensation

Stock Based Compensation

The Company measures the cost of services received in exchange for an award of equity instruments based on the fair value of the award. For employees and directors and non-employees, the fair value of the award is measured on the grant date. The fair value amount is then recognized over the period during which services are required to be provided in exchange for the award, usually the vesting period. Stock-based compensation expense is recorded by the Company in the same expense classifications in the consolidated statements of operations, as if such amounts were paid in cash.

XML

NOTE 7 - DISCONTINUED OPERATIONS: Schedule of Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2021

Tables/Schedules

Schedule of Discontinued Operations

	March 31,		December 31
	2021		2020
ASSETS
Current assets
Cash and cash equivalents	$	-	$	2,457
Total current assets		-		-
Non-current assets
Equipment, net		-		15,000
Assets of discontinued operations	$	-	$	17,457
LIABILITIES
Current liabilities
Related party accrued shareholder salary	$	140,500	$	140,500
Accounts payable loan from related party		3,000		3,000
Total current liabilities		143,500		143,500
Liabilities of discontinued operations		143,500		143,500
Net (liabilities) assets of discontinued operations	$	(143,500)	$	(126,043)

XML

NOTE 1 - DESCRIPTION OF BUSINESS (Details)	3 Months Ended
	Mar. 31, 2021 USD ($)
Details
Entity Incorporation, State or Country Code	NV
Entity Incorporation, Date of Incorporation	Jun. 18, 2014
Revenues	$ 0

XML

NOTE 2 - GOING CONCERN (Details)	3 Months Ended
	Mar. 31, 2021 USD ($)
Details
Net income (loss) from operation	$ (405,239)

XML

NOTE 5 - RELATED PARTY TRANSACTIONS (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Details
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures	750,000
Shares Granted, Value, Share-based Payment Arrangement, after Forfeiture	$ 460,500	$ 0

XML

NOTE 6 - COMMON STOCK (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Common Stock, Shares Authorized	75,000,000	75,000,000
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Common Stock, Shares, Issued	39,551,000	38,193,000
Common Stock, Shares, Outstanding	39,551,000	38,193,000
Transaction #1
Stock Issued During Period, Shares, New Issues	300,000
Sale of Stock, Transaction Date	Dec. 09, 2020
Transaction #2
Stock Issued During Period, Shares, New Issues	800,000
Sale of Stock, Transaction Date	Dec. 07, 2020
Stock Issued	$ 8,000
Transaction #3
Stock Issued During Period, Shares, New Issues	400,000
Sale of Stock, Transaction Date	Aug. 27, 2020
Stock Issued	$ 4,000
Transaction #4
Stock Issued During Period, Shares, New Issues	400,000
Sale of Stock, Transaction Date	May 26, 2020
Stock Issued	$ 4,000
Transaction #5
Stock Issued During Period, Shares, New Issues	1,293,000
Sale of Stock, Price Per Share	$ 0.01
Transaction #6
Stock Issued During Period, Shares, New Issues	5,000,000
Sale of Stock, Price Per Share	$ 0.002
Transaction #7
Stock Issued During Period, Shares, New Issues	30,000,000
Sale of Stock, Price Per Share	$ 0.01
Transaction #8
Stock Issued During Period, Shares, New Issues	750,000
Sale of Stock, Transaction Date	Feb. 24, 2021
Stock Issued	$ 460,500
Transaction #9
Stock Issued During Period, Shares, New Issues	608,000

XML

NOTE 7 - DISCONTINUED OPERATIONS: Schedule of Discontinued Operations (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
CURRENT ASSETS:
Discontinued operations - Cash and cash equivalents	$ 0	$ 2,457
Discontinued operations - Total current assets	0	0
Non-current assets
Discontinued operations - Equipment, net	0	15,000
Discontinued operations - Assets of discontinued operations	0	17,457
CURRENT LIABILITIES:
Discontinued operations - Related party accrued shareholder salary	140,500	140,500
Discontinued operations - Accounts payable loan from related party	3,000	3,000
Discontinued operations - Total current liabilities	143,500	143,500
Discontinued operations - Liabilities of discontinued operations	143,500	143,500
Discontinued operations - Net (liabilities) assets of discontinued operations	$ (143,500)	$ (126,043)

XML

NOTE 8 - SUBSEQUENT EVENTS (Details)	3 Months Ended
	Mar. 31, 2021
Event #1
Subsequent Event, Date	Apr. 05, 2021
Subsequent Event, Description	Special Board Meeting was held at which all contracts, including Mr. Guzii’s office, in the Ukraine were cancelled
Event #2
Subsequent Event, Date	Apr. 05, 2021
Subsequent Event, Description	Board of Directors unanimously approved issuing 500,000 shares of common stock to each Director as compensation for serving on the Board. The Board of Directors unanimously approved issuing 500,000 shares of common stock to each Officer as compensation for serving as Management for Strong Solutions, Inc. In addition, each Officer will receive $10,000 a month in compensation and if no funds are available, the compensation shall accrue.