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 September 30, 2019

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

Commission file number 333-225239

THENABLERS, INC.
(Exact name of registrant as specified in its charter)
Nevada	82-3296328
(State or other jurisdiction of	(I.R.S. Employer
incorporation or organization)	Identification No.)
30 Wall Street (8th Floor)
New York, NY	10005
(Address of principal executive offices)	(Zip Code)
(646) 491-6601
(Registrant's telephone number, including area code)

N/A

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

Indicate by check mark whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically, if any, 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). x Yes ¨ No.

Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):

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 ☒

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 20,681,700 as of September 30, 2019.

GH CAPITAL, INC.

TABLE OF CONTENTS

		Page
	PART I - FINANCIAL INFORMATION
Item 1.	Financial Statements	1
	Unaudited Balance Sheet as of September 30, 2019 and December 31, 2018	1
	Unaudited Statements of Operations for the three and nine months ended September 30, 2019 and September 30, 2018	2
	Unaudited Statements of Cash Flows for the nine months ended September 30, 2019 and September 30, 2018	3
	Unaudited Statements of Changes in Shareholders’ Deficit for the three and nine months ended September 30, 2019 and September 2018	4
	Notes to the Unaudited Financial Statements	5
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	10
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	14
Item 4.	Controls and Procedures	14

	PART II - OTHER INFORMATION
Item 1.	Legal Proceedings	16
Item 1A.	Risk Factors	16
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	16
Item 3.	Defaults Upon Senior Securities	16
Item 4.	Mine Safety Disclosures	16
Item 5.	Other Information	16
Item 6.	Exhibits	17
Signatures		17

THENABLERS, INC

Unaudited Balance Sheet

ASSETS	September 30, 2019			December 31, 2018
Current Assets
Cash	$	14,230			24,494
Accounts Receivable Related Party					3,000
Loans Receivable Related Party		—			10,000
Total Current Assets		14,230			37,494
Total Assets	$	14,230			37,494
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities
Accounts Payable	$	11,575			5,000
Due to related party		—			24,708
Total Liabilities		11,575			29,708
Stockholders’ Equity
Common stock, par value $0.0001; 200,000,000 common shares authorized,100,000,000 preferred shares authorized; 20,681,700 and 20,556,700 common shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively	$	2,068			2,056
Additional paid in capital		163,990			111,284
Accumulated deficit		(161,105	)		(99,554	)
Subscription receivable		(2,298	)		(6,000	)
Total Stockholders’ Equity		2,655			7,786
Total Liabilities and Stockholders’ Equity	$	14,230			37,494

The accompanying notes are an integral part of these financial statements.

 -1-

THENABLERS, INC

Unaudited Statement of Operations

	For the Three Months Ended   September 30, 2019			For the Three Months Ended September 30, 2018			For the Nine Months Ended   September 30, 2019			For the Nine Months Ended September 30, 2018
Revenue - Related party	$	—			441		$	473			3,822
Operating expenses
Professional fees		17,000			1,500			33,000			20,500
Stock-based compensation expense		—			—			—			24,000
Other general and administrative costs		1,834			2,531			29,024			20,757
Total operating expenses		18,834			4,031			62,024			65,257
Loss from operations		(18,834	)		(3,590	)		(61,551	)		(61,435	)
Other Income and (Expenses)
Interest expenses
Total Other Income and (Expenses)		—			—			—			—
Net loss before income taxes		(18,834	)		(3,590	)		(61,551	)		(61,435	)
Income taxes		—			—			—			—
Net loss	$	(18,834	)		(3,590	)	$	(61,551	)		(61,435	)
Net Loss Per Common Stock
- basic and fully diluted	$	(0.00	)		(0.00	)	$	(0.00	)		(0.00	)
Weighted-average number of
shares of common stock outstanding
- basic and fully diluted		20,679,743			20,782,598			20,639,825			30,823,967

The accompanying notes are an integral part of these financial statements.

 -2-

THENABLERS, INC

Unaudited Statement of Cash Flows

	For the Nine Months Ended September 30, 2019			For the Nine Months Ended September 30, 2018
Cash Flows from Operating Activities
Net loss for the period	$	(61,551	)		(61,435	)
Adjustments to reconcile net loss
to net cash used in operating activities
Changes in assets and liabilities
Accounts Receivable - Related Party		3,000			(3,822	)
Prepaid expenses and other assets		—			—
Short-term Loan		10,000			(20,000	)
Accounts Payable		6,575			(100	)
Shares issued for services		1,250			24,000
Net cash used in operating activities		(40,726	)		(61,357	)
Cash Flows from Investing Activities		—			—
Cash Flows from Financing Activities
Cash (Used) or provided by:
Due to related party		(3,240	)		10,063
Sale of common stock		30,000			77,340
Cash Received for Subscription Receivable		3,702			12,000
Net cash provided by financing activities	$	30,462			99,403
Increase (Decrease) in Cash		(10,264	)		38,046
Increase in Cash
Cash at beginning of period	$	24,494			100
Cash at end of period	$	14,230			38,146
Supplemental Disclosure of
Interest and Income Taxes Paid
Interest paid during the period	$	—			—
Income taxes paid during the period	$	—			—
Non-Cash Investing and Financing
Transactions
Forgiveness of debt by Directors	$	21,468			—

The accompanying notes are an integral part of these financial statements.

 -3-

THENABLERS, INC

Unaudited Statement of the Changes in Shareholder's Equity

	Nine Month Period Ended September 30, 2019
						Additional								Total
		Common Stock				Paid-in		Accumulated			Subscription			Shareholders’
		Shares		Amount		Capital		Deficit			Receivable			Equity
January 1, 2019			20,556,700		2,056		111,284		(99,554	)		(6,000	)		7,786
Shares issued for cash															—
Subscription receivable												6,000			6,000
Net Loss for the Three Months Ended March 31, 2019									(21,125	)					(21,125	)
March 31, 2019			20,556,700		2,056		111,284		(120,679	)		—			(7,339	)
Shares issued for cash			100,000		10		24,990								25,000
Shares issued for services			5,000		—		1,250								1,250
Subscription receivable												(1,859	)		(1,859	)
Net Loss for the Three Months Ended June 30, 2019									(21,592	)					(21,592	)
June 30, 2019			20,661,700		2,066		137,524		(142,271	)		(1,859	)		(4,540	)
Shares issued for cash			20,000		2		4,998								5,000
Shares issued for services															—
Subscription receivable												(439	)		(439	)
Forgiveness of Debt by Directors							21,468								21,468
Net Loss for the Three Months Ended September 30, 2019									(18,834	)					(18,834	)
September 30, 2019			20,681,700		2,068		163,990		(161,105	)		(2,298	)		2,655
	Nine Month Period Ended September 30, 2018
January 1, 2018			20,000,000		2,000		—		(14,390	)		(2,000	)		(14,390	)
Shares issued for cash			279,200		28		55,812								55,840
Shares issued for services			64,000		6		12,794								12,800
Subscription receivable			50,000		5		9,995					(10,000	)		—
Net Loss for the Three Months Ended March 31, 2018									(27,979	)					(27,979	)
March 31, 2018			20,393,200		2,039		78,601		(42,369	)		(12,000	)		26,271
Shares issued for cash			107,500		11		21,489								21,500
Shares issued for services			56,000		6		11,194								11,200
Subscription receivable												12,000			12,000
Net Loss for the Three Months Ended June 30, 2018									(29,866	)					(29,866	)
June 30, 2018			20,556,700		2,056		111,284		(72,235	)		—			41,105
Shares issued for cash
Shares issued for services
Subscription receivable
Net Loss for the Three Months Ended September 30, 2018									(3,590	)					(3,590	)
September 30, 2018			20,556,700		2,056		111,284		(75,825	)		—			37,515

The accompanying notes are an integral part of these financial statements.

 -4-

THENABLERS, INC

Notes to the Unaudited Financial Statements

NOTE 1 – DESCRIPTION OF BUSINESS

Thenablers, Inc. (“Thenablers, Inc.” or the “Company”) was incorporated in the State of Nevada on November 3, 2017. The Company is an International Business Development organization focused in the development and execution of New Market Strategies for its clients by providing access to distributors and strategic partners for growing their brand and customer base.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The interim financial statements are unaudited and have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. In the opinion of management, the unaudited financial statements and notes have been prepared on the same basis as the audited financial statements for the year ended December 31, 2018 and include all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of the Company’s financial position at September 30, 2019 and statements of operations and cash flows for the nine months ended September 30, 2019 and 2018. The accompanying unaudited financial statements reflect the application of certain significant accounting policies as described below and elsewhere in these notes to the unaudited financial statements. As of September 30, 2019, the Company’s significant accounting policies and estimates, which are detailed in the Company’s audited financial statements for the year ended December 31, 2018, have not changed.

Accounting Basis

The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America (“GAAP”).  The Company has adopted a December 31 fiscal year end.

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Reclassification

Certain prior period amounts have been reclassified to conform with the current period presentation.

Cash and Cash Equivalents

Company considers all cash on hand and in banks, certificates of deposit and other highly-liquid investments with maturities of three months or less, when purchased, to be cash and cash equivalents.

 -5-

THENABLERS, INC

Notes to the Unaudited Financial Statements

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Accounts Receivable

The company has entered into related party transactions with companies owned or subject to significant influence by management, directors and principle shareholders. The balance in accounts receivable are payable upon demand and have arisen from the provision of services based on contracts with customers.

Fair Value of Financial Instruments

The Company’s financial instruments consist of cash and cash equivalents. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.

Income Taxes

Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

Revenue Recognition

The Company recognizes revenue in accordance with FASB ASC 606 upon the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Revenue recognized from contracts with customers is disclosed separately from other sources of revenue.

Stock-Based Compensation

The measurement and recognition of stock - based compensation expense is based on estimated fair values for all share-based awards made to employees and directors, including stock options and for non-employee equity transactions as per ASC 718 rules.

For transactions in which we obtain certain services of employees, directors, and consultants in exchange for an award of equity instruments, we measure the cost of the services based on the grant date fair value of the award. We recognize the cost over the vesting period.

 -6-

THENABLERS, INC

Notes to the Unaudited Financial Statements

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Basic Income (Loss) Per Share

Basic income (loss) per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. There are no such common stock equivalents outstanding as of September 30, 2019

Recent Accounting Pronouncements

The Company does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position or cash flow.

The FASB’s new standard on accounting for leases that came into effect as of January 1, 2019 for US public companies that enter into lease arrangements or sign contracts containing leases to support their business had no effect on the company as they do not have any leases.

Subsequent Events

The Company has analyzed the transactions from September 30, 2019 to the date these financial statements were issued for subsequent event disclosure purposes.

NOTE 3 – GOING CONCERN

The accompanying unaudited financial statements have been prepared in conformity with generally accepted accounting principles, which contemplates the continuation of the Company as a going concern. The Company had revenues for the nine months ended September 30, 2018 of $3,822 and $473 for the nine months ended September 30, 2019. The Company currently has limited working capital and is continuing its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time.

Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses The Company intends to position itself so that it may be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.

NOTE 4 – DUE TO RELATED PARTY

During the period from November 3, 2017 to September 30, 2019, Mr. Panagiotis Lazaretos, the Company’s President and Director, Mr. Panagiotis Tolis, the Company’s Secretary and a Director, Mr. Theofylaktos P. Oikonomou, the Company’s Director and Mr. Eleftherios Kontos, have periodically advanced the Company funds as unsecured obligations. The funds were used to pay travel and operating expenses of the Company. The obligations bear no interest, have no fixed term and are not evidenced by any written agreement. The amounts due to related parties were forgiven by the respective related parties as of September 30, 2019, thereby resulting in an increase in Additional Paid in Capital. The balance in due to related party is zero as of September 3, 2019.

 -7-

THENABLERS, INC

Notes to the Unaudited Financial Statements

NOTE 5 – LOAN RECEIVABLE

On May 7, 2018, Thenablers Inc. made a loan to Thenablers Ltd. for $30,000. The loan bears no interest and its due date was June 30^th, 2018. This transaction has been made in the context of a formal cooperation between the two companies according to a commission agreement signed on May 7, 2018. The scope of this agreement is that Thenablers Inc. will finance the purchase of a certain amount of inventory produced by an Austrian energy drink manufacturer as well as will assist in the sales and marketing of such products in the region of Greece and Cyprus. Thenablers Inc. will receive a pre-agreed upon commission on every product sold.

Thenablers Ltd asked for an extension in the repayment of the loan and proposed a payment plan for one-third installments of $10,000 each to be paid on July 31^th, August 31^st and September 30^th, 2018 accordingly. The first installment of $10,000 has already been paid on July 31^st, 2018.

Further, the second installment of $10,000 was paid on October 22, 2018 and an additional extension has been given for the third installment to be repaid in two payments of $5,000 as of April 30^th, 2019 and July 31^st, 2019. A payment of $4,000 was received on May 8, 2019 as partial payment of the third installment and the balance of $6,000 was offset at September 30, 2019 by amounts due to related party and director, Mr. Panagiotis Lazaretos.

NOTE 6– ACCOUNTS RECEIVABLE

At the beginning of the year company had accounts receivable of $3,000 due from related party, Thenablers Ltd Cyprus, derived from the commission agreement signed on May 7, 2018 for sales and marketing assistance. The full amount has been paid and as of September 30, 2019 there are no further receivables.

NOTE 7 – COMMON STOCK

Issuance of Common Stock

The Company has 200,000,000, $0.0001 par value shares of common stock authorized.

The Company issued 20,000,000 to its founders valued at $2000 ($0.0001 per share).

On January 15, 2018, the Company issued 10,000 shares of common stock to Prodromos Nikolaidis for cash proceeds of $2,000.00 at $0.20 per share.

On January 15, 2018, the Company issued 10,000 shares of common stock to Stavros Nikolaidis for cash proceeds of $2,000.00 at $0.20 per share.

On January 17, 2018, the Company issued 25,000 shares of common stock to Anargyros Vasilakos for cash proceeds of $5,000.00 at $0.20 per share.

On January 18, 2018, the Company issued 10,000 shares of common stock to Alexndros Koukas for cash proceeds of $2,000.00 at $0.20 per share.

 -8-

THENABLERS, INC

Notes to the Unaudited Financial Statements

NOTE 7 – COMMON STOCK (CONTINUED)

On January 29, 2018, the Company issued 15,000 shares of common stock to Georgios Kapaniris for cash proceeds of $3,000.00 at $0.20 per share.

On February 9, 2018, the Company issued 10,000 shares of common stock to Marina Brisimi for cash proceeds of $2,000.00 at $0.20 per share.

On February 9, 2018, the Company issued 10,000 shares of common stock to Evangelos Brisimis for cash proceeds of $2,000.00 at $0.20 per share.

On February 9, 2018, the Company issued 15,000 shares of common stock to Dessislav Krumov Djarkov for cash proceeds of $3,000.00 at $0.20 per share.

On February 12, 2018, the Company issued 50,000 shares of common stock to Athanasios Tolis for cash proceeds of $10,000.00 at $0.20 per share.

On February 14, 2018, the Company issued 10,000 shares of common stock to George Mengos for cash proceeds of $2,000.00 at $0.20 per share.

On February 19, 2018, the Company issued 15,000 shares of common stock to Nektarios Tzortzoglou for cash proceeds of $3,000.00 at $0.20 per share.

On February 19, 2018, the Company issued 10,000 shares of common stock to Vilelmini Fatourou for cash proceeds of $2,000.00 at $0.20 per share.

On February 22, 2018, the Company issued 10,000 shares of common stock to Dogan Omer Ozyigit for cash proceeds of $2,000.00 at $0.20 per share.

On February 28, 2018, the Company issued 10,000 shares of common stock to Robert Brown for cash proceeds of $2,000.00 at $0.20 per share.

On March 1, 2018, the Company issued 16,000 shares of common stock to Dragon Ventures Management, Inc. for services rendered of $3,200.00 at fair market value of $0.20 per share.

On March 1, 2018, the Company issued 16,000 shares of common stock to GMPraxis Inc. for services rendered of $3,200.00 at fair market value of $0.20 per share.

On March 1, 2018, the Company issued 16,000 shares of common stock to Field Insights CEE, SRL Inc. for services rendered of $3,200.00 at fair market value of $0.20 per share.

On March 5, 2018, the Company issued 10,000 shares of common stock to First Call Holding Cyprus for cash proceeds of $2,000.00 at $0.20 per share.

 -9-

THENABLERS, INC

Notes to the Unaudited Financial Statements

NOTE 7 – COMMON STOCK (CONTINUED)

On March 5, 2018, the Company issued 11,700 shares of common stock to Efthymia Lioulia for cash proceeds of $2,340.00 at $0.20 per share.

On March 8, 2018, the Company issued 10,000 shares of common stock to Donald Ruan for cash proceeds of $2,000.00 at $0.20 per share.

On March 9, 2018, the Company issued 10,000 shares of common stock to Peter Brown for cash proceeds of $2,000.00 at $0.20 per share.

On March 12, 2018, the Company issued 10,000 shares of common stock to Predica Constanta for cash proceeds of $2,000.00 at $0.20 per share.

On March 23, 2018, the Company issued 10,000 shares of common stock to Patricia Franco for cash proceeds of $2,000.00 at $0.20 per share.

On March 23, 2018, the Company issued 25,000 shares of common stock to Filippo Giacomo for cash proceeds of $5,000.00 at $0.20 per share.

On March 26, 2018, the Company issued 10,000 shares of common stock to Renee Deschaine for cash proceeds of $2,000.00 at $0.20 per share.

On March 28, 2018, the Company issued 12,500 shares of common stock to Konstantinos Piperas for cash proceeds of $2,500.00 at $0.20 per share.

On March 28, 2018, the Company issued 16,000 shares of common stock to CEO Medya Pazarlama Ve Ajans Hizmetleri, Ltd. for services rendered of $3,200.00 at fair market value of $0.20 per share.

On March 30, 2018, the Company issued 10,000 shares of common stock to William Bartels for cash proceeds of $2,000.00 at $0.20 per share.

On April 2, 2018, the Company issued 25,000 shares of common stock to Mehmet Metin Yilmaz for cash proceeds of $5,000.00 at $0.20 per share.

On April 3, 2018, the Company issued 10,000 shares of common stock to George Sakoulas for cash proceeds of $2,000.00 at $0.20 per share.

On April 4, 2018, the Company issued 32,000 shares of common stock to Spar PTY Ltd for cash proceeds of $6,400.00 at $0.20 per share.

On April 4, 2018, the Company issued 24,000 shares of common stock to Floor Graphics BG Ltd for cash proceeds of $4,800.00 at $0.20 per share.

 -10-

THENABLERS, INC

Notes to the Unaudited Financial Statements

NOTE 7 – COMMON STOCK (CONTINUED)

On April 10 30, 2018, the Company issued 25,000 shares of common stock to Michael Stefanidis for cash proceeds of $5,000.00 at $0.20 per share.

On April 11, 2018, the Company issued 12,500 shares of common stock to Ilias Bouzalas for cash proceeds of $2,500.00 at $0.20 per share.

On April 23, 2018, the Company issued 10,000 shares of common stock to Kimberly Villani for cash proceeds of $2,000.00 at $0.20 per share.

On April 23, 2018, the Company issued 25,000 shares of common stock to James Daniel Williams for cash proceeds of $5,000.00 at $0.20 per share.

On May 1, 2019, the Company issued 5,000 shares of common stock to Theodore Giamias for services rendered of $1,250.00 at fair market value of $0.25 per share.

On May 20, 2019, the Company issued 40,000 shares of common stock to Panagiotis Avramidis for cash proceeds of $10,000.00 at $0.25 per share.

On May 20, 2019, the Company issued 20,000 shares of common stock to Savvas Dimopoulos for cash proceeds of $5,000.00 at $0.25 per share.

On May 22, 2019, the Company issued 20,000 shares of common stock to Anargyris Vasilakos for cash proceeds of $5,000.00 at $0.25 per share.

On May 29, 2019, the Company issued 20,000 shares of common stock to Dimitrios Agapitos for cash proceeds of $5,000.00 at $0.25 per share.

On July 10, 2019, the Company issued 20,000 shares of common stock to Nikolaos Zavras for cash proceeds of $5,000.00 at $0.25 per share

NOTE 8 – CHANGES IN EQUITY

For the year beginning January 1, 2019 the company had a shareholders’ deficit balance of $7,786. With the sale of 120,000 shares of common stock for a value of $30,000, with the issue of 5,000 shares of common stock for a value of $1,250, the receipt of $6,000 in subscription receivables, the forgiveness of debt by Directors of $21,468 and the net loss of $61,551 for the nine months ended September 30, 2019 the ending balance in equity is $2,655 as of September 30, 2019.

For the year beginning January 1, 2018 the company had a shareholders’ deficit balance of $14,390. With the sale of 386,700 shares of common stock for a value of $77,340, with the issue of 120,000 shares of common stock for a value of $24,000, the receipt of $2,000 in subscription receivables and the net loss of $61,435 for the nine months ended September30, 2018 the ending balance in equity was $37,515 as of September 30, 2018.

 -11-

THENABLERS, INC

Notes to the Unaudited Financial Statements

NOTE 9 – COMMITMENTS AND CONTINGENCIES

The Company neither owns nor leases any real or personal property. Such costs are immaterial to the financial statements and accordingly are not reflected herein. The officers and directors are involved in other business activities and most likely will become involved in other business activities in the future.

NOTE 10 – INCOME TAXES

Due to the Company’s net loss position, there was no provision for income taxes recorded. As a result of the Company’s losses to date, there exists doubt as to the ultimate realization of the deferred tax assets. Accordingly, a valuation allowance equal to the total deferred tax assets has been recorded.

The components of net deferred tax assets are as follows:

	September 30,			September 30,
	2019			2018
Net operating loss carry-forward	$	161,105		$	75,825
Less: valuation allowance		(161,105	)		(75,825	)
Net deferred tax asset	$	—		$	—

The Company had federal net operating loss carry forwards for tax purposes of approximately $72,825 at September 30, 2018, and approximately $161,105 at September 30, 2019, which may be available to offset future taxable income. Utilization of the net operating loss carry forwards may be subject to substantial annual limitations due to the ownership change limitations provided by Section 381 of the Internal Revenue Code of 1986, as amended. The annual limitation may result in the expiration of net operating loss carry forwards before utilization.

NOTE 11 – SUBSEQUENT EVENT

In accordance with SFAS 165 (ASC 855-10) the Company has analyzed its operations subsequent to September 30, 2019 through November 7, 2019, the date these financial statements were issued, and has determined that the following are material subsequent events to these financial statements.

On October 7, 2019, Thenablers, Inc. entered into four separate “Series A Convertible Preferred Stock Purchase Agreements” for exactly 80,000,000 shares of a newly designated Series A Preferred Stock, in exchange for an aggregate purchase price of $30,000.00 pursuant to Regulation S of the Securities Act of 1933, as amended. Per the terms of the Agreements, these shares may not be converted for one year after they are issued and shall automatically convert exactly 18 months after the issuance of each share into a number of shares of Common Stock to be determined based on the Company’s performance. The holders of Series A Preferred Stock shall be entitled to vote with the shares of the Company’s Common Stock on any vote in which holders of the Common Stock are entitled to vote and shall have voting rights equal to exactly one vote per share of Series A Preferred Stock.

 -12-

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

Cautionary Note Regarding Forward-Looking Information and Factors That May Affect Future Results

This quarterly report on Form 10-Q contains forward-looking statements regarding our business, financial condition, results of operations and prospects. The Securities and Exchange Commission (the “SEC”) encourages companies to disclose forward-looking information so that investors can better understand a company’s future prospects and make informed investment decisions. This quarterly report on Form 10-Q and other written and oral statements that we make from time to time contain such forward-looking statements that set out anticipated results based on management’s plans and assumptions regarding future events or performance. We have tried, wherever possible, to identify such statements by using words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “will” and similar expressions in connection with any discussion of future operating or financial performance. In particular, these include statements relating to future actions, future performance or results of current and anticipated sales efforts, expenses, the outcome of contingencies, such as legal proceedings, and financial results. Factors that could cause our actual results of operations and financial condition to differ materially are set forth in the “Risk Factors” section of our Form S-1 filed with the Commission on May 5, 2018, amended and deemed effective on October 12, 2018.

We caution that these factors could cause our actual results of operations and financial condition to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

The following discussion should be read in conjunction with our unaudited financial statements and the related notes that appear elsewhere in this quarterly report on Form 10-Q.

Business Overview

Thenablers, Inc. (“Thenablers, Inc.” or the “Company”) was incorporated in the State of Nevada on November 3, 2017. The Company is an International Business Development Organization focused in the Design and Execution of New Market Strategies for its clients with the purpose of growing their brand and customer base.

We are currently a development stage company and to date we have recorded no revenue. Accordingly, our independent registered public accountants have issued a comment regarding our ability to continue as a going concern (please refer to the footnotes to the financial statements). As of the September 30, 2019, the Company is still unable to establish a consistent flow of revenues from our operations which is sufficient to sustain our operating needs, management intends to rely primarily upon debt financing to supplement cash flows, if any, generated by our services. We will seek out such financing as necessary to allow the Company to continue to grow our business operations, and to cover such cost, excluding professional fees, associated with being a reporting Company with the Securities and Exchange Commission ("SEC"); we estimate such costs to be approximately $90,000.00 for 12 months following this Offering. The Company has included such costs to become a publicly reporting company in its targeted expenses for working capital expenses and intends to seek out reasonable loans from friends, family and business acquaintances if it becomes necessary. At this point we have been funded by our founders and initial shareholders and have not received any firm commitments or indications from any family, friends or business acquaintances regarding any potential investment in the Company except those shareholders listed herein.

 -13-

Plan of Operations

All statements contained in this Prospectus, other than statements of historical facts, that address future activities, events or developments, are forward-looking statements, including, but not limited to, statements containing the word "believe," "anticipate," "expect" and word of similar import. These statements are based on certain assumptions and analyses made by us in light of our experience and our assessment of historical trends, current conditions and expected future developments as well as other factors we believe are appropriate under the circumstances. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those projected. The Company cautions investors that any forward-looking statements made by the Company are not guarantees of future performance, and that actual results may differ materially from those in the forward-looking statements. Such risks and uncertainties include, without limitation: established competitors who have substantially greater financial resources and operating histories, regulatory delays or denials, ability to compete as a start-up company in a highly competitive market, and access to sources of capital.

The following discussion and analysis should be read in conjunction with our unaudited financial statements and notes thereto included elsewhere in this Prospectus. Except for the historical information contained herein, the discussion in this Prospectus contains certain forward-looking statements that involve risks and uncertainties, such as statements of our plans, objectives, expectations and intentions. The cautionary statements made in this Prospectus should be read as being applicable to all related forward-looking statements wherever they appear in this Prospectus. The Company's actual results could differ materially from those discussed here.

As of December 31, 2018, our auditors have issued a going concern opinion. We believe that we continue to be a going concern. This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay for our expenses. This is because we have not generated any revenues and no sales are yet possible. There is no assurance we will ever reach this point. Accordingly, we must raise sufficient capital from other sources. Our only other source for cash at this time is investments by others. We must raise cash to stay in business. In response to these problems, management intends to raise additional funds through public or private placement offerings. At this time, however, the Company does not have plans or intentions to raise additional funds by way of the sale of additional securities, other than pursuant to this Offering.

In order to meet business goals, we must a) execute our business line of crew management; and d) continue to focus on new business development in order to acquire new agreements.

At present, we only have enough cash on hand to maintain filing requirements with the SEC. If we do not build revenue or raise sufficient funds to proceed with the implementation of our business plan, we may have to find alternative sources of funds, like a second public offering, a private placement of securities, or loans from our officers or third parties (such as banks or other institutional lenders). Equity financing could result in additional dilution to then existing shareholders. If we are unable to meet our needs for cash from either the money that we raise from our Offering, or possible alternative sources, then we may be unable to continue to maintain, develop or expand our operations.

We have no plans to undertake any product research and development during the next 12 months.

Results of Operations

Revenues

For the three and nine months ended September 30, 2019, we generated $0 and $473 in related party revenues, respectively. For the three and nine months end September 30, 2018, we generated $441 and $3,822 in related party revenues, respectively. Our decrease in revenue is due to our inability to execute the SILBERPFEIL business plan that was operated through Thenablers, Ltd.

 -14-

Operating Expenses

For the three and nine months ended September 30, 2019, we incurred $18,834 and $62,024 in operating expenses, respectively, compared to the three and nine months ended September 30, 2018, during which we incurred $4,031 and $65,257, respectively, in operating expenses. Although there was an increase in general and administrative costs, the increase in operating expenses is due primarily to an increase in stock-based compensation expenses and professional fees. 

Net Loss

For the three and nine months ended September 30, 2019, we incurred a net loss of $18,834 and $61,551, respectively, or $(0.00) per common share. For the three and nine months ended September 30, 2018, we incurred a net loss of $3,590 and $61,435, respectively, or $(0.00) per common share. The decrease in net loss is due primarily to a decrease in total loss from operations.

Liquidity, Capital Resources, and Off-Balance Sheet Arrangements

Liquidity is the ability of an enterprise to generate adequate amounts of cash to meet its needs for cash requirements. We had working capital deficit during the nine months ended September 30, 2019 of $2,655 compared to $7,786 for the year ended December 31, 2018.  

Cash flows for the nine months ended September 30, 2019.

Net cash flow used in operating activities was $40,726 for the nine months ended September 30, 2019, compared to $61,357 used in operating activities during the nine months ended September 30, 2018. Our net loss in cash flow was due to a net loss of $61,551 and accounts payable of $6,575, and an increase in accounts receivable due to related party of $3000, shares issued for service for $1,250, and short-term loan of $10,000.

Net cash flow used in investing activities was $0 for the nine months ended September 30, 2019, and the nine months ended September 30, 2018.

Net cash provided by financing activities was $30,462 for the nine months ended September 30, 2019 and consisted of $(3,2400) due to related party, $30,000 from sale of common stock, and $3,702 in subscription receivables. Net cash provided by financing activities was $99,403 for the nine months ended September 30, 2018 and consisted of $10,000 due to a related party, $77,340 due to the sale of common stock, and $12,000 in subscription receivables.

Cash Requirements

Our management does not believe that our current capital resources will be adequate to continue operating our company and maintaining our business strategy for much more than 12 months. At the date hereof, we have minimal cash at hand. We require additional capital to implement our business and fund our operations.

Since inception we have funded our operations primarily through equity financings and we expect that we will continue to fund our operations through the equity and debt financing, either alone or through strategic alliances. Additional funding may not be available on favorable terms, if at all. We intend to continue to fund our business by way of equity or debt financing until natural revenues can support the Company. If we raise additional capital through the issuance of equity or convertible debt securities, the percentage ownership of our company held by existing shareholders will be reduced and those shareholders may experience significant dilution. In addition, new securities may contain certain rights, preferences or privileges that are senior to those of our common stock. We cannot assure you that we will be able to raise the working capital as needed in the future on terms acceptable to us, if at all.

 -15-

If we are unable to raise capital as needed, we are required to reduce the scope of our business development activities, which could harm our business plans, financial condition and operating results, or cease our operations entirely, in which case, you will lose all of your investment.

Off-Balance Sheet Arrangements  

We have no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to our stockholders.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not applicable.

ITEM 4. CONTROLS AND PROCEDURES

Disclosure controls and procedures

We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in our reports, filed under the Securities Exchange Act of 1934, 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 our management, including our chief executive officer and chief financial officer, as appropriate, to allow timely decisions regarding required disclosure. In designing and evaluating the disclosure controls and procedures, management recognized that any controls and procedures, no matter how well designed and operated, can provide only reasonable and not absolute assurance of achieving the desired control objectives. In reaching a reasonable level of assurance, management necessarily was required to apply its judgment in evaluating the cost-benefit relationship of possible controls and procedures. In addition, the design of any system of controls also is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Over time, a control may become inadequate because of changes in conditions or the degree of compliance with policies or procedures may deteriorate. Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and not be detected.

As required by the SEC Rules 13a-15(b) and 15d-15(b), we carried out an evaluation under the supervision and with the participation of our management, including our principal executive officer and principal financial officer, of the effectiveness of the design and operation of our disclosure controls and procedures as of the end of the period covered by this report. Based on the foregoing, our principal executive officer and principal financial officer concluded that our disclosure controls and procedures were not effective at the reasonable assurance level due to material weaknesses in internal controls over financial reporting. 

To address these material weaknesses, management engaged financial consultants, performed additional analyses and other procedures to ensure that the financial statements included herein fairly present, in all material respects, our financial position, results of operations and cash flows for the periods presented.

A material weakness is a deficiency, or a combination of deficiencies, within the meaning of Public Company Accounting Oversight Board (“PCAOB”) Audit Standard No. 5, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Company’s annual or interim financial statements will not be prevented or detected on a timely basis. Management has identified the following material weaknesses which have caused management to conclude that as of September 30, 2019 our internal controls over financial reporting were not effective at the reasonable assurance level:

 -16-

1.       We do not have written documentation of our internal control policies and procedures. Written documentation of key internal controls over financial reporting is a requirement of Section 404 of the Sarbanes-Oxley Act which is applicable to us for the nine months ended September 30, 2019. Management evaluated the impact of our failure to have written documentation of our internal controls and procedures on our assessment of our disclosure controls and procedures and has concluded that the control deficiency that resulted represented a material weakness.

2.       We do not have sufficient resources in our accounting function, which restricts the Company’s ability to gather, analyze and properly review information related to financial reporting in a timely manner. In addition, due to our size and nature, segregation of all conflicting duties may not always be possible and may not be economically feasible. However, to the extent possible, the initiation of transactions, the custody of assets and the recording of transactions should be performed by separate individuals. Management evaluated the impact of our failure to have segregation of duties on our assessment of our disclosure controls and procedures and has concluded that the control deficiency that resulted represented a material weakness.

3.       We do not have personnel with sufficient experience with United States generally accepted accounting principles to address complex transactions.

4.       We have inadequate controls to ensure that information necessary to properly record transactions is adequately communicated on a timely basis from non-financial personnel to those responsible for financial reporting. Management evaluated the impact of the lack of timely communication between non–financial personnel and financial personnel on our assessment of our reporting controls and procedures and has concluded that the control deficiency represented a material weakness.

5.       We have determined that oversight over our external financial reporting and internal control over our financial reporting is ineffective. The Chief Financial Officer has not provided adequate review of the Company’s SEC’s filings and financial statements and has not provided adequate supervision and review of the Company’s accounting personnel or oversight of the independent registered accounting firm’s audit of the Company’s financial statement.

We have taken steps to remediate some of the weaknesses described above, including by engaging a financial reporting advisor with expertise in accounting for complex transactions. We intend to continue to address these weaknesses as resources permit.

Changes in internal control over financial reporting

There were no changes in our internal control over financial reporting during the quarter ended September 30, 2019 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting. 

 -17-

PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS  

We know of no material, existing or pending legal proceedings against our company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our interest.

ITEM 1A. RISK FACTORS  

Not applicable to smaller reporting companies.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

In November of 2017, we issued 20,000,000 shares to our founders pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended.

Between November 3, 2017 and May 1, 2018, we sold 556,700 restricted shares through exemptions from registration pursuant to Regulation S and Rule 506(b) of Regulation D of the Securities Act of 1933, as amended. The shares were registered pursuant to a Form S-1 Registration Statement deemed effective on October 12, 2018.

Between May 20, 2019 and May 29, 2019, we sold 100,000 restricted shares through exemptions from registration pursuant to Regulation S and Rule 506(b) of Regulation D of the Securities Act of 1933, as amended.

In July 2019, the Company sold 20,000 shares of restricted common stock pursuant to Regulation S of the Securities Act of 1933, as amended.

In October 2019, the Company sold 80,000,000 shares of restricted Series A Preferred Stock of the Company pursuant to Regulation S of the Securities Act of 1933, as amended.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. MINE SAFETY DISCLOSURES

Not applicable.

ITEM 5. OTHER INFORMATION

None.

 -18-

ITEM 6. EXHIBITS

Exhibit No.	Description of Exhibit
31.1*	Certification of Principal Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act Of 2002.
31.2*	Certification of Principal Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act Of 2002.
32.1*	Certification of Principal Executive Officer Pursuant to Section 906 of the Sarbanes-Oxley Act Of 2002.
32.2*	Certification of Principal Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS*	XBRL INSTANCE DOCUMENT
101.SCH*	XBRL TAXONOMY EXTENSION SCHEMA
101.CAL*	XBRL TAXONOMY EXTENSION CALCULATION LINKBASE
101.DEF*	XBRL TAXONOMY EXTENSION DEFINITION LINKBASE
101.LAB*	XBRL TAXONOMY EXTENSION LABEL LINKBASE
101.PRE*	XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE

* Filed herewith.

 -19-

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.

	THENABLERS, INC.
Dated: November 7, 2019	By:	/s/ Konstantinos Galanakis
		Konstantinos Galanakis
		Chief Executive Officer (principal executive officer)
Dated: November 7, 2019	By:	/s/ Theodoros Chouliaras
		Theodoros Chouliaras
		Chief Financial Officer (principal financial officer and principal accounting officer)

 -20-

EX-31.1

Exhibit 31.1

I, Konstantinos Galanakis, certify that:

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

2. Based on my knowledge, this 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 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 report;

4. The registrant’s other certifying officer(s) and I are 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; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our 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.

Date: November 7, 2019	By:	/s/ Konstantinos Galanakis
	Name:	Konstantinos Galanakis
	Title:	Chief Executive Officer (Principal Executive Officer)

EX-31.2

Exhibit 31.2

I, Theodoros Chouliaras, certify that:

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

2. Based on my knowledge, this 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 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 report;

4. The registrant’s other certifying officer(s) and I are 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; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our 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.

Date: November 7, 2019	By:	/s/ Theodoros Chouliaras
	Name:	Theodoros Chouliaras
	Title:	Chief Financial Officer (Principal Financial and Accounting Officer)

EX-32.1

Exhibit 32.1

STATEMENT FURNISHED PURSUANT TO SECTION 906 OF THE

SARBANES-OXLEY ACT OF 2002, 18 U.S.C. SECTION 1350

In connection with the Quarterly Report on Form 10-Q of Thenablers (the “Company”) for the quarter ended September 30, 2019 (the “Report”), I, Konstantinos Galanakis, Chief Executive Officer, certify as follows:

A) the Report fully complies with the requirements of Section 13(a) or 15(d), as applicable, of the Securities Exchange Act of 1934, as amended (15 U.S.C. 78m or 78o(d)), and

B) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company as of the dates and for the periods covered by the Report.

This statement is authorized to be attached as an exhibit to the Report so that this statement will accompany the Report at such time as the Report is filed with the Securities and Exchange Commission, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350. Pursuant to Securities and Exchange Commission Release 33-8238, dated June 5, 2003, this certification is being furnished and shall not be deemed filed by the Company for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference in any registration statement of the Company filed under the Securities Act of 1933, as amended, except to the extent that the Company specifically incorporates it by reference. A signed original of this written statement required by Section 906 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

Date: November 7, 2019	By:	/s/ Konstantinos Galanakis
	Name:	Konstantinos Galanakis
	Title:	Chief Executive Officer (Principal Executive Officer)

EX-32.2

Exhibit 32.2

STATEMENT FURNISHED PURSUANT TO SECTION 906 OF THE

SARBANES-OXLEY ACT OF 2002, 18 U.S.C. SECTION 1350

In connection with the Quarterly Report on Form 10-Q of Thenablers, Inc. (the “Company”) for the quarter ended September 30, 2019 (the “Report”), I, Theodoros Chouliaras, Chief Financial Officer, certify as follows:

A) the Report fully complies with the requirements of Section 13(a) or 15(d), as applicable, of the Securities Exchange Act of 1934, as amended (15 U.S.C. 78m or 78o(d)), and

B) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company as of the dates and for the periods covered by the Report.

This statement is authorized to be attached as an exhibit to the Report so that this statement will accompany the Report at such time as the Report is filed with the Securities and Exchange Commission, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350. Pursuant to Securities and Exchange Commission Release 33-8238, dated June 5, 2003, this certification is being furnished and shall not be deemed filed by the Company for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference in any registration statement of the Company filed under the Securities Act of 1933, as amended, except to the extent that the Company specifically incorporates it by reference. A signed original of this written statement required by Section 906 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

Date: November 7, 2019	By:	/s/ Theodoros Chouliaras
	Name:	Theodoros Chouliaras
	Title:	Chief Financial Officer (Principal Financial and Accounting Officer)

XML

GOING CONCERN (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Notes to Financial Statements
Revenue		$ 441	$ 473	$ 3,822

XML

CHANGES IN EQUITY (Details Narrative) - USD ($)	3 Months Ended						9 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018
Changes In Equity
Beginning Balance	$ (4,540)	$ (7,339)	$ 7,786	$ 41,105	$ 26,271	$ (14,390)	$ 7,786	$ (14,390)
Sale of Common Stock	5,000	25,000			21,500	55,840	30,000	77,340
Issue of Common Stock		1,250			11,200	12,800	1,250	24,000
Subscription receivable	(439)	(1,859)	6,000		12,000		3,702	12,000
Forgiveness of debt by Directors	21,468						21,468
Net Loss	(18,834)	(21,592)	(21,125)	(3,590)	(29,866)	(27,979)	(61,551)	(61,435)
Ending Balance	$ 2,655	$ (4,540)	$ (7,339)	$ 37,515	$ 41,105	$ 26,271	$ 2,655	$ 37,515

XML

Unaudited Balance Sheet - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Current Assets
Cash	$ 14,230	$ 24,494
Accounts Receivable Related Party		3,000
Loans Receivable Related Party		10,000
Total Current Assets	14,230	37,494
Total Assets	14,230	37,494
Current Liabilities
Accounts Payable	11,575	5,000
Due to related party		24,708
Total Current Liabilities	11,575	29,708
Total Liabilities	11,575	29,708
Stockholders' Equity
Common stock, par value $0.0001; 200,000,000 common shares authorized,100,000,000 preferred shares authorized; 20,681,700 and 20,556,700 common shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively	2,068	2,056
Additional paid in capital	163,990	111,284
Accumulated deficit	(161,105)	(99,554)
Subscription receivable	(2,298)	(6,000)
Total Stockholders' Equity	2,655	7,786
Total Liabilities and Stockholders' Equity	$ 14,230	$ 37,494

XML

Unaudited Statement of the Changes in Shareholder's Equity (Unaudited) - USD ($)	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Subscription Receivable	Total
Beginning Balance at Dec. 31, 2017	$ 2,000		$ (14,390)	$ (2,000)	$ (14,390)
Beginning Balance, Shares at Dec. 31, 2017	20,000,000
Shares issued for cash	$ 28	55,812			55,840
Shares issued for cash, Shares	279,200
Shares issued for services	$ 6	12,794			12,800
Shares issued for services, Shares	64,000
Subscription receivable	$ 5	9,995		(10,000)
Subscription receivable, Shares	50,000
Net Loss			(27,979)		(27,979)
Ending Balance at Mar. 31, 2018	$ 2,039	78,601	(42,369)	(12,000)	26,271
Ending Balance, Shares at Mar. 31, 2018	20,393,200
Beginning Balance at Dec. 31, 2017	$ 2,000		(14,390)	(2,000)	(14,390)
Beginning Balance, Shares at Dec. 31, 2017	20,000,000
Shares issued for cash					77,340
Shares issued for services					24,000
Subscription receivable					12,000
Forgiveness of Debt by Directors
Net Loss					(61,435)
Ending Balance at Sep. 30, 2018	$ 2,056	111,284	(75,825)		37,515
Beginning Balance at Mar. 31, 2018	$ 2,039	78,601	(42,369)	(12,000)	26,271
Beginning Balance, Shares at Mar. 31, 2018	20,393,200
Shares issued for cash	$ 11	21,489			21,500
Shares issued for cash, Shares	107,500
Shares issued for services	$ 6	11,194			11,200
Shares issued for services, Shares	56,000
Subscription receivable				12,000	12,000
Net Loss			(29,866)		(29,866)
Ending Balance at Jun. 30, 2018	$ 2,056	111,284	(72,235)		41,105
Ending Balance, Shares at Jun. 30, 2018	20,556,700
Net Loss			(3,590)		(3,590)
Ending Balance at Sep. 30, 2018	2,056	111,284	(75,825)		37,515
Beginning Balance at Dec. 31, 2018	$ 2,056	111,284	(99,554)	(6,000)	7,786
Beginning Balance, Shares at Dec. 31, 2018	20,556,700
Subscription receivable				6,000	6,000
Net Loss			(21,125)		(21,125)
Ending Balance at Mar. 31, 2019	$ 2,056	111,284	(120,679)		(7,339)
Ending Balance, Shares at Mar. 31, 2019	20,556,700
Beginning Balance at Dec. 31, 2018	$ 2,056	111,284	(99,554)	(6,000)	7,786
Beginning Balance, Shares at Dec. 31, 2018	20,556,700
Shares issued for cash					30,000
Shares issued for services					1,250
Subscription receivable					3,702
Forgiveness of Debt by Directors					21,468
Net Loss					(61,551)
Ending Balance at Sep. 30, 2019	$ 2,068	163,990	(161,105)	(2,298)	2,655
Ending Balance, Shares at Sep. 30, 2019	20,681,700
Beginning Balance at Mar. 31, 2019	$ 2,056	111,284	(120,679)		(7,339)
Beginning Balance, Shares at Mar. 31, 2019	20,556,700
Shares issued for cash	$ 10	24,990			25,000
Shares issued for cash, Shares	100,000
Shares issued for services		1,250			1,250
Shares issued for services, Shares	5,000
Subscription receivable				(1,859)	(1,859)
Net Loss			(21,592)		(21,592)
Ending Balance at Jun. 30, 2019	$ 2,066	137,524	(142,271)	(1,859)	(4,540)
Ending Balance, Shares at Jun. 30, 2019	20,661,700
Shares issued for cash	$ 2	4,998			5,000
Shares issued for cash, Shares	20,000
Subscription receivable				(439)	(439)
Forgiveness of Debt by Directors		21,468			21,468
Net Loss			(18,834)		(18,834)
Ending Balance at Sep. 30, 2019	$ 2,068	$ 163,990	$ (161,105)	$ (2,298)	$ 2,655
Ending Balance, Shares at Sep. 30, 2019	20,681,700

XML

ACCOUNTS RECEIVABLE AND PREPAID EXPENSES

9 Months Ended

Sep. 30, 2019

Notes to Financial Statements

ACCOUNTS RECEIVABLE AND PREPAID EXPENSES

NOTE 6– ACCOUNTS RECEIVABLE

At the beginning of the year company had accounts receivable of $3,000 due from related party, Thenablers Ltd Cyprus, derived from the commission agreement signed on May 7, 2018 for sales and marketing assistance. The full amount has been paid and as of September 30, 2019 there are no further receivables.

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INCOME TAXES

9 Months Ended

Sep. 30, 2019

Income Tax Disclosure [Abstract]

INCOME TAXES

NOTE 10 – INCOME TAXES

Due to the Company’s net loss position, there was no provision for income taxes recorded. As a result of the Company’s losses to date, there exists doubt as to the ultimate realization of the deferred tax assets. Accordingly, a valuation allowance equal to the total deferred tax assets has been recorded.

The components of net deferred tax assets are as follows:

	September 30,			September 30,
	2019			2018
Net operating loss carry-forward	$	161,105		$	75,825
Less: valuation allowance		(161,105	)		(75,825	)
Net deferred tax asset	$	—		$	—

The Company had federal net operating loss carry forwards for tax purposes of approximately $72,825 at September 30, 2018, and approximately $161,105 at September 30, 2019, which may be available to offset future taxable income. Utilization of the net operating loss carry forwards may be subject to substantial annual limitations due to the ownership change limitations provided by Section 381 of the Internal Revenue Code of 1986, as amended. The annual limitation may result in the expiration of net operating loss carry forwards before utilization.

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Unaudited Balance Sheet (Parenthetical) - $ / shares	Sep. 30, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Common Stock, Par Value	$ .0001	$ .0001
Common Stock, Shares Authorized	200,000,000	200,000,000
Common Stock, Shares Issued	20,681,700	20,556,700
Common Stock, Shares Outstanding	20,681,700	20,556,700

XML

DESCRIPTION OF BUSINESS

9 Months Ended

Sep. 30, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

DESCRIPTION OF BUSINESS

NOTE 1 – DESCRIPTION OF BUSINESS

Thenablers, Inc. (“Thenablers, Inc.” or the “Company”) was incorporated in the State of Nevada on November 3, 2017. The Company is an International Business Development organization focused in the development and execution of New Market Strategies for its clients by providing access to distributors and strategic partners for growing their brand and customer base.

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COMMON STOCK

9 Months Ended

Sep. 30, 2019

Equity [Abstract]

COMMON STOCK

NOTE 7 – COMMON STOCK

Issuance of Common Stock

The Company has 200,000,000, $0.0001 par value shares of common stock authorized.

The Company issued 20,000,000 to its founders valued at $2000 ($0.0001 per share).

On January 15, 2018, the Company issued 10,000 shares of common stock to Prodromos Nikolaidis for cash proceeds of $2,000.00 at $0.20 per share.

On January 15, 2018, the Company issued 10,000 shares of common stock to Stavros Nikolaidis for cash proceeds of $2,000.00 at $0.20 per share.

On January 17, 2018, the Company issued 25,000 shares of common stock to Anargyros Vasilakos for cash proceeds of $5,000.00 at $0.20 per share.

On January 18, 2018, the Company issued 10,000 shares of common stock to Alexndros Koukas for cash proceeds of $2,000.00 at $0.20 per share.

On January 29, 2018, the Company issued 15,000 shares of common stock to Georgios Kapaniris for cash proceeds of $3,000.00 at $0.20 per share.

On February 9, 2018, the Company issued 10,000 shares of common stock to Marina Brisimi for cash proceeds of $2,000.00 at $0.20 per share.

On February 9, 2018, the Company issued 10,000 shares of common stock to Evangelos Brisimis for cash proceeds of $2,000.00 at $0.20 per share.

On February 9, 2018, the Company issued 15,000 shares of common stock to Dessislav Krumov Djarkov for cash proceeds of $3,000.00 at $0.20 per share.

On February 12, 2018, the Company issued 50,000 shares of common stock to Athanasios Tolis for cash proceeds of $10,000.00 at $0.20 per share.

On February 14, 2018, the Company issued 10,000 shares of common stock to George Mengos for cash proceeds of $2,000.00 at $0.20 per share.

On February 19, 2018, the Company issued 15,000 shares of common stock to Nektarios Tzortzoglou for cash proceeds of $3,000.00 at $0.20 per share.

On February 19, 2018, the Company issued 10,000 shares of common stock to Vilelmini Fatourou for cash proceeds of $2,000.00 at $0.20 per share.

On February 22, 2018, the Company issued 10,000 shares of common stock to Dogan Omer Ozyigit for cash proceeds of $2,000.00 at $0.20 per share.

On February 28, 2018, the Company issued 10,000 shares of common stock to Robert Brown for cash proceeds of $2,000.00 at $0.20 per share.

On March 1, 2018, the Company issued 16,000 shares of common stock to Dragon Ventures Management, Inc. for services rendered of $3,200.00 at fair market value of $0.20 per share.

On March 1, 2018, the Company issued 16,000 shares of common stock to GMPraxis Inc. for services rendered of $3,200.00 at fair market value of $0.20 per share.

On March 1, 2018, the Company issued 16,000 shares of common stock to Field Insights CEE, SRL Inc. for services rendered of $3,200.00 at fair market value of $0.20 per share.

On March 5, 2018, the Company issued 10,000 shares of common stock to First Call Holding Cyprus for cash proceeds of $2,000.00 at $0.20 per share.

On March 5, 2018, the Company issued 11,700 shares of common stock to Efthymia Lioulia for cash proceeds of $2,340.00 at $0.20 per share.

On March 8, 2018, the Company issued 10,000 shares of common stock to Donald Ruan for cash proceeds of $2,000.00 at $0.20 per share.

On March 9, 2018, the Company issued 10,000 shares of common stock to Peter Brown for cash proceeds of $2,000.00 at $0.20 per share.

On March 12, 2018, the Company issued 10,000 shares of common stock to Predica Constanta for cash proceeds of $2,000.00 at $0.20 per share.

On March 23, 2018, the Company issued 10,000 shares of common stock to Patricia Franco for cash proceeds of $2,000.00 at $0.20 per share.

On March 23, 2018, the Company issued 25,000 shares of common stock to Filippo Giacomo for cash proceeds of $5,000.00 at $0.20 per share.

On March 26, 2018, the Company issued 10,000 shares of common stock to Renee Deschaine for cash proceeds of $2,000.00 at $0.20 per share.

On March 28, 2018, the Company issued 12,500 shares of common stock to Konstantinos Piperas for cash proceeds of $2,500.00 at $0.20 per share.

On March 28, 2018, the Company issued 16,000 shares of common stock to CEO Medya Pazarlama Ve Ajans Hizmetleri, Ltd. for services rendered of $3,200.00 at fair market value of $0.20 per share.

On March 30, 2018, the Company issued 10,000 shares of common stock to William Bartels for cash proceeds of $2,000.00 at $0.20 per share.

On April 2, 2018, the Company issued 25,000 shares of common stock to Mehmet Metin Yilmaz for cash proceeds of $5,000.00 at $0.20 per share.

On April 3, 2018, the Company issued 10,000 shares of common stock to George Sakoulas for cash proceeds of $2,000.00 at $0.20 per share.

On April 4, 2018, the Company issued 32,000 shares of common stock to Spar PTY Ltd for cash proceeds of $6,400.00 at $0.20 per share.

On April 4, 2018, the Company issued 24,000 shares of common stock to Floor Graphics BG Ltd for cash proceeds of $4,800.00 at $0.20 per share.

On April 10 30, 2018, the Company issued 25,000 shares of common stock to Michael Stefanidis for cash proceeds of $5,000.00 at $0.20 per share.

On April 11, 2018, the Company issued 12,500 shares of common stock to Ilias Bouzalas for cash proceeds of $2,500.00 at $0.20 per share.

On April 23, 2018, the Company issued 10,000 shares of common stock to Kimberly Villani for cash proceeds of $2,000.00 at $0.20 per share.

On April 23, 2018, the Company issued 25,000 shares of common stock to James Daniel Williams for cash proceeds of $5,000.00 at $0.20 per share.

On May 1, 2019, the Company issued 5,000 shares of common stock to Theodore Giamias for services rendered of $1,250.00 at fair market value of $0.25 per share.

On May 20, 2019, the Company issued 40,000 shares of common stock to Panagiotis Avramidis for cash proceeds of $10,000.00 at $0.25 per share.

On May 20, 2019, the Company issued 20,000 shares of common stock to Savvas Dimopoulos for cash proceeds of $5,000.00 at $0.25 per share.

On May 22, 2019, the Company issued 20,000 shares of common stock to Anargyris Vasilakos for cash proceeds of $5,000.00 at $0.25 per share.

On May 29, 2019, the Company issued 20,000 shares of common stock to Dimitrios Agapitos for cash proceeds of $5,000.00 at $0.25 per share.

On July 10, 2019, the Company issued 20,000 shares of common stock to Nikolaos Zavras for cash proceeds of $5,000.00 at $0.25 per share

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SUBSEQUENT EVENT

9 Months Ended

Sep. 30, 2019

Subsequent Events [Abstract]

SUBSEQUENT EVENT

NOTE 11 – SUBSEQUENT EVENT

In accordance with SFAS 165 (ASC 855-10) the Company has analyzed its operations subsequent to September 30, 2019 through November 7, 2019, the date these financial statements were issued, and has determined that the following are material subsequent events to these financial statements.

On October 7, 2019, Thenablers, Inc. entered into four separate “Series A Convertible Preferred Stock Purchase Agreements” for exactly 80,000,000 shares of a newly designated Series A Preferred Stock, in exchange for an aggregate purchase price of $30,000.00 pursuant to Regulation S of the Securities Act of 1933, as amended. Per the terms of the Agreements, these shares may not be converted for one year after they are issued and shall automatically convert exactly 18 months after the issuance of each share into a number of shares of Common Stock to be determined based on the Company’s performance. The holders of Series A Preferred Stock shall be entitled to vote with the shares of the Company’s Common Stock on any vote in which holders of the Common Stock are entitled to vote and shall have voting rights equal to exactly one vote per share of Series A Preferred Stock.

XML

DUE TO RELATED PARTY (Details Narrative) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Related Party Transactions [Abstract]
Due to Related Party		$ 24,708

XML

INCOME TAXES (Details) - USD ($)	Sep. 30, 2019	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Net operating loss carry-forward	$ 161,105	$ 75,825
Less: valuation allowance	(161,105)	(75,825)
Net deferred tax asset

XML

GOING CONCERN

9 Months Ended

Sep. 30, 2019

Notes to Financial Statements

GOING CONCERN

NOTE 3 – GOING CONCERN

The accompanying unaudited financial statements have been prepared in conformity with generally accepted accounting principles, which contemplates the continuation of the Company as a going concern. The Company had revenues for the nine months ended September 30, 2018 of $3,822 and $473 for the nine months ended September 30, 2019. The Company currently has limited working capital and is continuing its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time.

Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses The Company intends to position itself so that it may be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.

XML

Document and Entity Information	9 Months Ended
	Sep. 30, 2019 shares
Document And Entity Information
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2019
Current Fiscal Year End Date	--12-31
Entity File Number	333-225239
Entity Registrant Name	Thenablers, Inc.
Entity Central Index Key	0001741489
Entity Tax Identification Number	82-3296328
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	30 Wall Street
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10005
Country Region	646
City Area Code	491-6601
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Common Stock, Shares Outstanding	20,681,700
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2019

XML

Unaudited Statement of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash Flows from Operating Activities
Net loss for the period	$ (61,551)	$ (61,435)
Changes in assets and liabilities
Accounts Receivable - Related Party	3,000	(3,822)
Prepaid expenses and other assets
Short-term Loan	10,000	(20,000)
Accounts Payable	6,575	(100)
Shares issued for services	1,250	24,000
Net cash used in operating activities	(40,726)	(61,357)
Cash Flows from Investing Activities
Cash Flows from Investing Activities
Cash Flows from Financing Activities Cash (Used) or provided by:
Due to related party	(3,240)	10,063
Sale of common stock	30,000	77,340
Subscription Receivable	3,702	12,000
Net cash provided by financing activities	30,462	99,403
Increase (Decrease) in Cash	(10,264)	38,046
Increase in Cash
Cash at beginning of period	24,494	100
Cash at end of period	14,230	38,146
Supplemental Disclosure of Interest and Income Taxes Paid
Interest paid during the period
Income taxes paid during the period
Non-Cash Investing and Financing Transactions
Forgiveness of debt by Directors	$ 21,468

XML

NOTE PAYABLE

9 Months Ended

Sep. 30, 2019

Debt Disclosure [Abstract]

NOTE PAYABLE

NOTE 5 – LOAN RECEIVABLE

On May 7, 2018, Thenablers Inc. made a loan to Thenablers Ltd. for $30,000. The loan bears no interest and its due date was June 30^th, 2018. This transaction has been made in the context of a formal cooperation between the two companies according to a commission agreement signed on May 7, 2018. The scope of this agreement is that Thenablers Inc. will finance the purchase of a certain amount of inventory produced by an Austrian energy drink manufacturer as well as will assist in the sales and marketing of such products in the region of Greece and Cyprus. Thenablers Inc. will receive a pre-agreed upon commission on every product sold.

Thenablers Ltd asked for an extension in the repayment of the loan and proposed a payment plan for one-third installments of $10,000 each to be paid on July 31^th, August 31^st and September 30^th, 2018 accordingly. The first installment of $10,000 has already been paid on July 31^st, 2018.

Further, the second installment of $10,000 was paid on October 22, 2018 and an additional extension has been given for the third installment to be repaid in two payments of $5,000 as of April 30^th, 2019 and July 31^st, 2019. A payment of $4,000 was received on May 8, 2019 as partial payment of the third installment and the balance of $6,000 was offset at September 30, 2019 by amounts due to related party and director, Mr. Panagiotis Lazaretos.

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COMMITMENTS AND CONTINGENCIES

9 Months Ended

Sep. 30, 2019

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

NOTE 9 – COMMITMENTS AND CONTINGENCIES

The Company neither owns nor leases any real or personal property. Such costs are immaterial to the financial statements and accordingly are not reflected herein. The officers and directors are involved in other business activities and most likely will become involved in other business activities in the future.

XML

INCOME TAXES (Tables)

9 Months Ended

Sep. 30, 2019

Income Tax Disclosure [Abstract]

Schedule of Deferred Tax Assets

The components of net deferred tax assets are as follows:

	September 30,			September 30,
	2019			2018
Net operating loss carry-forward	$	161,105		$	75,825
Less: valuation allowance		(161,105	)		(75,825	)
Net deferred tax asset	$	—		$	—

XML

COMMON STOCK (Details Narrative) - USD ($)	Sep. 30, 2019	Jul. 10, 2019	May 29, 2019	May 22, 2019	May 20, 2019	May 01, 2019	Dec. 31, 2018	Apr. 23, 2018	Apr. 11, 2018	Apr. 10, 2018	Apr. 04, 2018	Apr. 03, 2018	Apr. 02, 2018	Mar. 30, 2018	Mar. 28, 2018	Mar. 26, 2018	Mar. 23, 2018	Mar. 12, 2018	Mar. 09, 2018	Mar. 08, 2018	Mar. 05, 2018	Mar. 01, 2018	Feb. 28, 2018	Feb. 22, 2018	Feb. 19, 2018	Feb. 14, 2018	Feb. 12, 2018	Feb. 09, 2018	Jan. 29, 2018	Jan. 18, 2018	Jan. 17, 2018	Jan. 15, 2018
Common Stock, Shares Authorized	200,000,000						200,000,000
Common Stock, Par Value	$ .0001						$ .0001
Common Stock, Shares Issued	20,681,700						20,556,700
Common Stock, Value	$ 2,068						$ 2,056
Prodromos Nikolaidis [Member]
Common Stock, Par Value																																$ .20
Common Stock, Shares Issued																																10,000
Common Stock, Value																																$ 2,000
Stavros Nikolaidis [Member]
Common Stock, Par Value																																$ .20
Common Stock, Shares Issued																																10,000
Common Stock, Value																																$ 5,000
Anargyros Vasilakos [Member]
Common Stock, Par Value				$ .25																											$ 0.20
Common Stock, Shares Issued				20,000																											25,000
Common Stock, Value				$ 5,000																											$ 5,000
Alexndros Koukas [Member]
Common Stock, Par Value																														$ .20
Common Stock, Shares Issued																														10,000
Common Stock, Value																														$ 2,000
Georgios Kapaniris [Member]
Common Stock, Par Value																													$ .20
Common Stock, Shares Issued																													15,000
Common Stock, Value																													$ 3,000
Marina Brisimi [Member]
Common Stock, Par Value																												$ 0.20
Common Stock, Shares Issued																												10,000
Common Stock, Value																												$ 2,000
Evangelos Brisimis [Member]
Common Stock, Par Value																												$ 0.20
Common Stock, Shares Issued																												10,000
Common Stock, Value																												$ 2,000
Dessislav Krumov Djarkov [Member]
Common Stock, Par Value																												$ 0.20
Common Stock, Shares Issued																												15,000
Common Stock, Value																												$ 3,000
Athanasios Tolis [Member]
Common Stock, Par Value																											$ .20
Common Stock, Shares Issued																											50,000
Common Stock, Value																											$ 10,000
George Mengos [Member]
Common Stock, Par Value																										$ .20
Common Stock, Shares Issued																										10,000
Common Stock, Value																										$ 2,000
Nektarios Tzortzoglou [Member]
Common Stock, Par Value																									$ .20
Common Stock, Shares Issued																									15,000
Common Stock, Value																									$ 3,000
Vilelmini Fatourou [Member]
Common Stock, Par Value																									$ 0.20
Common Stock, Shares Issued																									10,000
Common Stock, Value																									$ 2,000
Dogan Omer Ozyigit [Member]
Common Stock, Par Value																								$ 0.20
Common Stock, Shares Issued																								10,000
Common Stock, Value																								$ 2,000
Robert Brown [Member]
Common Stock, Par Value																							$ 0.20
Common Stock, Shares Issued																							10,000
Common Stock, Value																							$ 2,000
Dragon Ventures Management, Inc. [Member]
Common Stock, Par Value																						$ .20
Common Stock, Shares Issued																						16,000
Common Stock, Value																						$ 3,200
GMPraxis Inc. [Member]
Common Stock, Par Value																						$ 0.20
Common Stock, Shares Issued																						16,000
Common Stock, Value																						$ 3,200
Field Insights CEE, SRL Inc. [Member]
Common Stock, Par Value																						$ 0.20
Common Stock, Shares Issued																						16,000
Common Stock, Value																						$ 3,200
First Call Holding Cyprus [Member]
Common Stock, Par Value																					$ 0.20
Common Stock, Shares Issued																					10,000
Common Stock, Value																					$ 2,000
Efthymia Lioulia [Member]
Common Stock, Par Value																					$ .20
Common Stock, Shares Issued																					11,700
Common Stock, Value																					$ 2,340
Donald Ruan [Member]
Common Stock, Par Value																				$ 0.20
Common Stock, Shares Issued																				10,000
Common Stock, Value																				$ 2,000
Peter Brown [Member]
Common Stock, Par Value																			$ 0.20
Common Stock, Shares Issued																			10,000
Common Stock, Value																			$ 2,000
Predica Constanta [Member]
Common Stock, Par Value																		$ 0.20
Common Stock, Shares Issued																		10,000
Common Stock, Value																		$ 2,000
Patricia Franco [Member]
Common Stock, Par Value																	$ 0.20
Common Stock, Shares Issued																	10,000
Common Stock, Value																	$ 2,000
Filippo Giacomo [Member]
Common Stock, Par Value																	$ .20
Common Stock, Shares Issued																	25,000
Common Stock, Value																	$ 5,000
Renee Deschaine [Member]
Common Stock, Par Value																$ 0.20
Common Stock, Shares Issued																10,000
Common Stock, Value																$ 2,000
Konstantinos Piperas [Member]
Common Stock, Par Value															$ .20
Common Stock, Shares Issued															12,500
Common Stock, Value															$ 2,500
Medya Pazarlama Ve Ajans Hizmetleri, Ltd. [Member]
Common Stock, Par Value															$ 0.20
Common Stock, Shares Issued															16,000
Common Stock, Value															$ 3,200
William Bartels [Member]
Common Stock, Par Value														$ 0.20
Common Stock, Shares Issued														10,000
Common Stock, Value														$ 2,000
Mehmet Metin Yilmaz [Member]
Common Stock, Par Value													$ 0.20
Common Stock, Shares Issued													25,000
Common Stock, Value													$ 5,000
George Sakoulas [Member]
Common Stock, Par Value												$ 0.20
Common Stock, Shares Issued												10,000
Common Stock, Value												$ 2,000
Spar PTY Ltd [Member]
Common Stock, Par Value											$ .20
Common Stock, Shares Issued											32,000
Common Stock, Value											$ 6,400
Floor Graphics BG Ltd [Member]
Common Stock, Par Value											$ .20
Common Stock, Shares Issued											24,000
Common Stock, Value											$ 4,800
Michael Stefanidis [Member]
Common Stock, Par Value										$ 0.20
Common Stock, Shares Issued										25,000
Common Stock, Value										$ 5,000
Ilias Bouzalas [Member]
Common Stock, Par Value									$ 0.20
Common Stock, Shares Issued									12,500
Common Stock, Value									$ 2,500
Kimberly Villani [Member]
Common Stock, Par Value								$ 0.20
Common Stock, Shares Issued								10,000
Common Stock, Value								$ 2,000
James Daniel Williams [Member]
Common Stock, Par Value								$ 0.20
Common Stock, Shares Issued								25,000
Common Stock, Value								$ 5,000
Theodore Giamias [Member]
Common Stock, Par Value						$ 0.25
Common Stock, Shares Issued						5,000
Common Stock, Value						$ 1,250
Panagiotis Avramidis [Member]
Common Stock, Par Value					$ .25
Common Stock, Shares Issued					40,000
Common Stock, Value					$ 10,000
Savvas Dimopoulos [Member]
Common Stock, Par Value					$ .25
Common Stock, Shares Issued					20,000
Common Stock, Value					$ 5,000
Dimitrios Agapitos [Member]
Common Stock, Par Value			$ 0.25
Common Stock, Shares Issued			20,000
Common Stock, Value			$ 5,000
Nikolaos Zavras [Member]
Common Stock, Par Value		$ .25
Common Stock, Shares Issued		20,000
Common Stock, Value		$ 5,000

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LOAN RECEIVABLE (Details Narrative) - USD ($)	May 08, 2019	Oct. 22, 2018	Jul. 31, 2018	Sep. 30, 2019	Dec. 31, 2018	May 07, 2018
Due from Related Party					$ 10,000
Thenablers Ltd. [Member]
Due from Related Party						$ 30,000
Installment Paid	$ 4,000	$ 10,000	$ 10,000

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Unaudited Statement of Operations - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Income Statement [Abstract]
Revenue - Related party		$ 441	$ 473	$ 3,822
Operating expenses
Professional fees	17,000	1,500	33,000	20,500
Stock-based compensation expense				24,000
Other general and administrative costs	1,834	2,531	29,024	20,757
Total operating expenses	18,834	4,031	62,024	65,257
Loss from operations	(18,834)	(3,590)	(61,551)	(61,435)
Other Income and (Expenses)
Total Other Income and (Expenses)
Net loss before income taxes	(18,834)	(3,590)	(61,551)	(61,435)
Income taxes
Net loss	$ (18,834)	$ (3,590)	$ (61,551)	$ (61,435)
Net Loss Per Common Stock - basic and fully diluted	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Weighted-average number of shares of common stock outstanding - basic and fully diluted	20,679,743	20,782,598	20,639,825	30,823,967

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

9 Months Ended

Sep. 30, 2019

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The interim financial statements are unaudited and have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. In the opinion of management, the unaudited financial statements and notes have been prepared on the same basis as the audited financial statements for the year ended December 31, 2018 and include all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of the Company’s financial position at September 30, 2019 and statements of operations and cash flows for the nine months ended September 30, 2019 and 2018. The accompanying unaudited financial statements reflect the application of certain significant accounting policies as described below and elsewhere in these notes to the unaudited financial statements. As of September 30, 2019, the Company’s significant accounting policies and estimates, which are detailed in the Company’s audited financial statements for the year ended December 31, 2018, have not changed.

Accounting Basis

The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America (“GAAP”).  The Company has adopted a December 31 fiscal year end.

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Reclassification

Certain prior period amounts have been reclassified to conform with the current period presentation.

Cash and Cash Equivalents

Company considers all cash on hand and in banks, certificates of deposit and other highly-liquid investments with maturities of three months or less, when purchased, to be cash and cash equivalents.

Accounts Receivable

The company has entered into related party transactions with companies owned or subject to significant influence by management, directors and principle shareholders. The balance in accounts receivable are payable upon demand and have arisen from the provision of services based on contracts with customers.

Fair Value of Financial Instruments

The Company’s financial instruments consist of cash and cash equivalents. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.

Income Taxes

Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

Revenue Recognition

The Company recognizes revenue in accordance with FASB ASC 606 upon the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Revenue recognized from contracts with customers is disclosed separately from other sources of revenue.

Stock-Based Compensation

The measurement and recognition of stock - based compensation expense is based on estimated fair values for all share-based awards made to employees and directors, including stock options and for non-employee equity transactions as per ASC 718 rules.

For transactions in which we obtain certain services of employees, directors, and consultants in exchange for an award of equity instruments, we measure the cost of the services based on the grant date fair value of the award. We recognize the cost over the vesting period.

Basic Income (Loss) Per Share

Basic income (loss) per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. There are no such common stock equivalents outstanding as of September 30, 2019

Recent Accounting Pronouncements

The Company does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position or cash flow.

The FASB’s new standard on accounting for leases that came into effect as of January 1, 2019 for US public companies that enter into lease arrangements or sign contracts containing leases to support their business had no effect on the company as they do not have any leases.

Subsequent Events

The Company has analyzed the transactions from September 30, 2019 to the date these financial statements were issued for subsequent event disclosure purposes.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

9 Months Ended

Sep. 30, 2019

Accounting Policies [Abstract]

Basis of Presentation

Basis of Presentation

The interim financial statements are unaudited and have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. In the opinion of management, the unaudited financial statements and notes have been prepared on the same basis as the audited financial statements for the year ended December 31, 2018 and include all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of the Company’s financial position at September 30, 2019 and statements of operations and cash flows for the nine months ended September 30, 2019 and 2018. The accompanying unaudited financial statements reflect the application of certain significant accounting policies as described below and elsewhere in these notes to the unaudited financial statements. As of September 30, 2019, the Company’s significant accounting policies and estimates, which are detailed in the Company’s audited financial statements for the year ended December 31, 2018, have not changed.

Accounting Basis

Accounting Basis

The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America (“GAAP”).  The Company has adopted a December 31 fiscal year end.

Use of Estimates

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Reclassification

Reclassification

Certain prior period amounts have been reclassified to conform with the current period presentation.

Cash and Cash Equivalents

Cash and Cash Equivalents

Company considers all cash on hand and in banks, certificates of deposit and other highly-liquid investments with maturities of three months or less, when purchased, to be cash and cash equivalents.

Accounts Receivable

Accounts Receivable

The company has entered into related party transactions with companies owned or subject to significant influence by management, directors and principle shareholders. The balance in accounts receivable are payable upon demand and have arisen from the provision of services based on contracts with customers.

Fair Value of Financial Instruments

Fair Value of Financial Instruments

The Company’s financial instruments consist of cash and cash equivalents. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.

Income Taxes

Income Taxes

Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

Revenue Recognition

Revenue Recognition

The Company recognizes revenue in accordance with FASB ASC 606 upon the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Revenue recognized from contracts with customers is disclosed separately from other sources of revenue.

Stock-Based Compensation

Stock-Based Compensation

The measurement and recognition of stock - based compensation expense is based on estimated fair values for all share-based awards made to employees and directors, including stock options and for non-employee equity transactions as per ASC 718 rules.

For transactions in which we obtain certain services of employees, directors, and consultants in exchange for an award of equity instruments, we measure the cost of the services based on the grant date fair value of the award. We recognize the cost over the vesting period.

Basic Income (Loss) Per Share

Basic Income (Loss) Per Share

Basic income (loss) per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. There are no such common stock equivalents outstanding as of September 30, 2019

Recent Accounting Pronouncements

Recent Accounting Pronouncements

The Company does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position or cash flow.

The FASB’s new standard on accounting for leases that came into effect as of January 1, 2019 for US public companies that enter into lease arrangements or sign contracts containing leases to support their business had no effect on the company as they do not have any leases.

Subsequent Events

Subsequent Events

The Company has analyzed the transactions from September 30, 2019 to the date these financial statements were issued for subsequent event disclosure purposes.

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DUE TO RELATED PARTY

9 Months Ended

Sep. 30, 2019

Related Party Transactions [Abstract]

DUE TO RELATED PARTY

NOTE 4 – DUE TO RELATED PARTY

During the period from November 3, 2017 to September 30, 2019, Mr. Panagiotis Lazaretos, the Company’s President and Director, Mr. Panagiotis Tolis, the Company’s Secretary and a Director, Mr. Theofylaktos P. Oikonomou, the Company’s Director and Mr. Eleftherios Kontos, have periodically advanced the Company funds as unsecured obligations. The funds were used to pay travel and operating expenses of the Company. The obligations bear no interest, have no fixed term and are not evidenced by any written agreement. The amounts due to related parties were forgiven by the respective related parties as of September 30, 2019, thereby resulting in an increase in Additional Paid in Capital. The balance in due to related party is zero as of September 3, 2019.

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CHANGES IN EQUITY

9 Months Ended

Sep. 30, 2019

Equity [Abstract]

CHANGES IN EQUITY

NOTE 8 – CHANGES IN EQUITY

For the year beginning January 1, 2019 the company had a shareholders’ deficit balance of $7,786. With the sale of 120,000 shares of common stock for a value of $30,000, with the issue of 5,000 shares of common stock for a value of $1,250, the receipt of $6,000 in subscription receivables, the forgiveness of debt by Directors of $21,468 and the net loss of $61,551 for the nine months ended September 30, 2019 the ending balance in equity is $2,655 as of September 30, 2019.

For the year beginning January 1, 2018 the company had a shareholders’ deficit balance of $14,390. With the sale of 386,700 shares of common stock for a value of $77,340, with the issue of 120,000 shares of common stock for a value of $24,000, the receipt of $2,000 in subscription receivables and the net loss of $61,435 for the nine months ended September30, 2018 the ending balance in equity was $37,515 as of September 30, 2018.