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10-K true 2024-05-31 --05-31 2024 false 333-273760 BLUE CHIP CAPITAL GROUP, INC. NV 84-3870355 269 South Beverly Drive Suite 373 Beverly Hills CA 90212 (402) 960-6110 Common Stock, par value $0.0001 No Yes Yes Yes Non-accelerated Filer true true false true false true false 80841900 List hereunder the following documents if incorporated by reference and the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the document is incorporated: (1) Any annual report to security holders; (2) Any proxy or information statement; and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in">(i)</td><td style="font: 10pt Times New Roman, Times, Serif">Form <a href="https://www.sec.gov/Archives/edgar/data/1932213/000149315223042069/forms-1a.htm" style="-sec-extract: exhibit">S-1/A</a> filed with the Commission on November 20, 2023;</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in">(ii)</td><td style="font: 10pt Times New Roman, Times, Serif">Form <a href="https://www.sec.gov/Archives/edgar/data/1932213/000149315224021737/form8-k.htm" style="-sec-extract: exhibit">8-K</a> filed with the Commission on May 29, 2024;</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in">(iii)</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Form <a href="https://www.sec.gov/Archives/edgar/data/1932213/000149315224035686/form8-ka.htm" style="-sec-extract: exhibit">8-K/A</a> filed with the Commission on September 11, 2024.</td></tr></table> true 6968 Barton CPA PLLC Cypress, Texas

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<p id="xdx_803_eus-gaap--OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_zSNcrLGH5a15" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">NOTE 1 – ORGANIZATION AND BUSINESS Blue Chip Capital Group, Inc., (the “ Company”) was incorporated in the State of Delaware on November 27, 2019, under the name of Blue-Chip Financial Group Corp. It was subsequently re-domiciled to the state of Nevada on December 17, 2020, with a name change to Blue Chip Capital Group, Inc. This is the first reporting date on the Company’s activity in Nevada. The Company is developing stage Company that has created a Crowdfunding platform that provides individual investors with access to investment opportunities. The Company’s business purpose is to identify, research and if determined to meet the Company’s criteria, acquire an interest in business opportunities available for the Company to leverage. The Company is not restricting its business development criteria to any specific business, industry, or geographical location. The Company may in fact participate in a business venture of virtually any kind or nature so long that it is in the best interest of the Company and its shareholders in an effort to build long-term shareholder value. On January 8, 2021, the Company created an additional wholly subsidiary entitled Raise Wise Morocco L.L.C. No assets or liabilities have been recorded on its balance sheet, nor has the subsidiary had any transactions since inception. The subsidiary’s purpose is to create a Crowdfunding platform that provides individual investors with access to investment opportunities. The Company owns <span id="xdx_900_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20210108__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--RiseWiseMoroccoLLCMember_z6LhynelpRY1" title="Equity method ownership percentage">100% of the subsidiary. The Company is in the process of establishing a Crowdfunding platform in Sweden under the name RaiseWise Sweden AB. The Company formed a Swedish Limited liability on May 21, 2020, company with the name RaiseWise Sweden AB that is a wholly owned subsidiary of the Company that has been granted a registration to provide crowd funding services with the national regulator in Sweden). On December 22, 2020, Medcap LTD agreed to purchase a twenty percent (<span id="xdx_901_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_dp_uPure_c20201222__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--MedcapLTDMember_zvenQbRjdqi8" title="Equity method ownership percentage">20%) ownership in the wholly owned subsidiary for $<span id="xdx_902_eus-gaap--EquityMethodInvestmentAggregateCost_iI_c20201222__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--MedcapLTDMember_zSnzlV5jst23" title="Equity method investment">50,000. There have been no transactions at this time.

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<p id="xdx_805_eus-gaap--SubstantialDoubtAboutGoingConcernTextBlock_zcqZATxO8leh" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">NOTE 2 – GOING CONCERN The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has generated no revenues for the year ended May 31, 2024. The Company had a net loss of $345,868 and an accumulated deficit of $1,652,278 raising substantial doubt about the ability of the Company to continue as a going concern for a reasonable period of time. The Company’s continuation as a going concern is dependent upon, among other things, its ability to generate revenues and its ability to obtain capital from third parties. No assurance can be given that the Company will be successful in these efforts. Management plans to identify adequate sources of funding to provide operating capital for continued growth. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

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NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) BLUE CHIP CAPITAL GROUP, INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 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. Principals of Consolidation The consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (GAAP). The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated. Cash and Cash Equivalents The Company accounts for cash and cash equivalents under Accounting Standards Codification (“ASC”) 305, Cash and Cash Equivalents (“ASC 305”) and considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. Software Application Software consists of an internally developed information system for use by the Company to allow individuals to invest in various opportunities as well as present individuals to provide opportunities for potential Investors and accounted for in accordance with ASC 350-40, Intangibles – Goodwill and Other – Internal-Use Software (“ASC350-40”). Costs incurred up to and including the feasibility stage of development as well as maintenance costs are expensed as incurred. As of May 31, 2024, the software is within the application development phase and all costs are currently capitalized. <p id="xdx_84A_eus-gaap--RevenueFromContractWithCustomerPolicyTextBlock_zTFcfpfy9Ftg" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">Revenue Recognition Revenue for license fees is recognized upon the execution and closing of the contract for the amount of the contract. Contract fees are generally due based upon various progress milestones. Revenue from contract payments are estimated and accrued as earned. Any adjustments between actual contract payments and estimates are made to current operations in the period they are determined. Deferred Income Taxes and Valuation Allowance The Company accounts for income taxes under ASC 740, Income Taxes (“ASC 740”). Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations. No deferred tax assets or liabilities were recognized at May 31, 2021. Based on its evaluation, the Company has concluded that there are no significant uncertain tax positions requiring recognition in its financial statements. The Company’s evaluation was performed for the tax years ended May 31, 2024, 2023, 2022 and 2021 for U.S. Federal Income Tax and for the State of Nevada. The Company has net operating loss carry forwards in the amount of approximately $1,652,590 that will expire beginning in 2035. The deferred tax assets including the net operating loss carry forward tax benefit of $347,028 which is offset by a valuation allowance. The Company follows the provisions of uncertain tax positions. The Company recognized approximately no increase in the liability for unrecognized tax benefits. The Company has no tax position at May 31, 2024 for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. BLUE CHIP CAPITAL GROUP, INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Financial Instruments ASC 820, Fair Value Measurements and Disclosures (ASC “820”) defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below: Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 3 - Inputs that are both significant to the fair value measurement and unobservable. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of May 31, 2024. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. The Company does not have any assets or liabilities measured at fair value on a recurring basis. Warrants On June 29, 2021, the Company entered into a subscription agreement with a third party who agreed to purchase <span id="xdx_909_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_pid_c20210629__20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember_zfKy9xdNrF2g" title="Common stock purchase, shares">1,440,000 shares of common stock for $<span id="xdx_901_eus-gaap--SaleOfStockConsiderationReceivedOnTransaction_pid_c20210629__20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember_zkhUy1RF3w9a" title="Common stock purchase, value">45,000. In further consideration hereof, the Company will provide warrants to third party allowing third party to purchase a total of Three Hundred and Seventy-Eight Thousand (<span id="xdx_901_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember_zLA8GiyXAzZe" title="Warrants to purchase common stock">378,000) additional shares of the Company’s common stock (the “Warrants”) on the following terms: (i) a warrant to purchase One Hundred and Twenty-Six Thousand (<span id="xdx_90F_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyTwoMember_zTVMJQdSCy49" title="Warrants to purchase common stock">126,000) shares of the Company’s common stock on or before October 1, 2022, at a price of Fifty Cents ($<span id="xdx_90B_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyTwoMember_zI7vs7GfArWf" title="Warrants to purchase common stock">.50) per share; (ii) a warrant to purchase One Hundred and Twenty-Six Thousand (<span id="xdx_900_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyThreeMember_z8bvCmL8MkCe" title="Warrants to purchase common stock">126,000) shares of the Company’s common stock on or before October 1, 2023, at a price of Seventy-Five Cents ($<span id="xdx_903_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyThreeMember_zmcaNYsGOnf4" title="Warrants to purchase common stock">.75) per share; and (iii) a warrant to purchase One Hundred and Twenty-Six Thousand (<span id="xdx_90F_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyFourMember_zMe5m5F7ovz" title="Warrants to purchase common stock">126,000) shares of the Company’s common stock on or before October 1, 2024, at a price of Ninety Cents ($<span id="xdx_90A_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyFourMember_zmPmU2PCU2Ub" title="Warrants to purchase common stock">.90) per share. The warrants will exercisable by cash payment only. On July 3, 2021, the Company entered into a subscription agreement with a third party who agreed to purchase <span id="xdx_901_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_pid_c20210703__20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember_zG2rtBSxyeW1" title="Common stock purchase, shares">1,600,000 shares of common stock for $<span id="xdx_90F_eus-gaap--SaleOfStockConsiderationReceivedOnTransaction_pid_c20210703__20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember_z9E8bzcIGuX4" title="Common stock purchase, value">50,000. In further consideration hereof, the Company will provide warrants to another third party allowing third party to purchase a total of Four Hundred and Twenty Thousand (<span id="xdx_90B_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember_zd0qMJp3KQTe" title="Warrants to purchase common stock">420,000) additional shares of the Company’s common stock (the “Warrants”) on the following terms: (i) a warrant to purchase One Hundred and Forty Thousand (<span id="xdx_90E_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyTwoMember_zDYfiubid82b" title="Warrants to purchase common stock">140,000) shares of the Company’s common stock on or before October 1, 2022, at a price of Fifty Cents ($<span id="xdx_900_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyTwoMember_zUAeF8qEq2ch" title="Warrants to purchase common stock">.50) per share; (ii) a warrant to purchase One Hundred and Forty Thousand (<span id="xdx_900_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyThreeMember_zpUYri1mgna5" title="Warrants to purchase common stock">140,000) shares of the Company’s common stock on or before October 1, 2023, at a price of Seventy-Five Cents ($<span id="xdx_909_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyThreeMember_zw9SEv1mIYBb" title="Warrants to purchase common stock">.75) per share; and (iii) a warrant to purchase One Hundred and Forty Thousand (<span id="xdx_901_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyFourMember_zGMYJ0jyKQta" title="Warrants to purchase common stock">140,000) shares of the Company’s common stock on or before October 1, 2024, at a price of Ninety Cents ($<span id="xdx_903_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyFourMember_zvXWZEbU3oN3" title="Warrants to purchase common stock">.90) per share. The warrants will be exercisable by cash payment only. BLUE CHIP CAPITAL GROUP, INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS During the year ended May 31, 2024, the Company entered into several subscription agreements with a third parties who agreed to purchase <span id="xdx_901_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_pid_c20230601__20240531__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember_zCNdF6fZZ0Q" title="Common stock purchase, shares">730,150 shares of common stock for $<span id="xdx_906_eus-gaap--SaleOfStockConsiderationReceivedOnTransaction_pid_c20230601__20240531__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember_zc4PAk3EZGjh" title="Common stock purchase, value">257,450. In further consideration hereof, the Company will provide warrants to third parties allowing third parties to purchase a total of Two Hundred and Ninety-Seven Thousand six hundred (<span id="xdx_909_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20240531__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember_zWUTzFeuPsJb" title="Warrants to purchase common stock">291,600) additional shares of the Company’s common stock (the “Warrants”) on the following terms: (i) a warrant to purchase One Hundred and Forty Thousand Eight and eight (<span id="xdx_907_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20240531__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeJulySeventeenTwoThousandTwentyFourMember_zQf7IORBSsL6" title="Warrants to purchase common stock">145,800) shares of the Company’s common stock on or before July 17, 2024 at a price of Sixty five Cents ($<span id="xdx_900_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20240531__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeJulySeventeenTwoThousandTwentyFourMember_zql8HqwsBvjb" title="Warrants to purchase common stock">.65) per share; (ii) a warrant to purchase One Hundred and Forty Thousand Eight and eight (<span id="xdx_905_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20240531__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeJulySeventeenTwoThousandTwentyFiveMember_zJoqB2mYNPWa" title="Warrants to purchase common stock">145,800) of the Company’s common stock on or before July 17, 2025 at a price of Ninety Cents ($<span id="xdx_908_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20240531__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeJulySeventeenTwoThousandTwentyFiveMember_z2sceVjUvq06" title="Warrants to purchase common stock">.90) per share; The warrants will exercisable by cash payment only no warrants were granted, forfeited, expired or cancelled. As of May 31, 2024, there were 617,600 warrants outstanding with a weighted average exercise price of $<span id="xdx_90D_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice_iI_c20240531__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember_zce4EKw4ee3e" title="Weighted average exercise price">0.72, a weighted average remaining expiration period of approximately <span id="xdx_906_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageRemainingContractualTerm_dtY_c20230601__20240531__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember_zYMg3zYMa2Oh" title="Weighted average remaining expiration period">3.0 years and intrinsic value of <span id="xdx_900_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingIntrinsicValue_iI_dc_c20240531__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember_z4w3IpVT51N9" title="Warrants outstanding instrinsic value">zero. There were no additional warrants issued in this year ended May 31, 2024. <p id="xdx_846_eus-gaap--ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_zePH9IETBKl7" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">Long-lived Assets Long-lived assets such as property, equipment and identifiable intangibles are reviewed for impairment whenever facts and circumstances indicate that the carrying value may not be recoverable. When required impairment losses on assets to be held and used are recognized based on the fair value of the asset. The fair value is determined based on estimates of future cash flows, market value of similar assets, if available, or independent appraisals, if required. If the carrying amount of the long-lived asset is not recoverable from its undiscounted cash flows, an impairment loss is recognized for the difference between the carrying amount and fair value of the asset. When fair values are not available, the Company estimates fair value using the expected future cash flows discounted at a rate commensurate with the risk associated with the recovery of the assets. We did not recognize any impairment losses for any periods presented. At May 31, 2024, and May 31, 2023, the Company does not have any long-lived assets. Property and Equipment The Company follows ASC 360, Property, Plant, and Equipment, for its fixed assets. Equipment is stated at cost less accumulated depreciation. Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets (3 years). At May 31, 2024, and May 31, 2023, the Company did not have any fixed assets. Related Parties The Company follows ASC 850, Related Party Disclosures (ASC:850”) for the identification of related parties and disclosure of related party transactions. At May 31, 2024, and May 31, 2023, the amounts due for related party transactions were $72,265 and $49,898 respectively. The single related party was a shareholder and officer of the Company and made various advances to cover operating expenses when the Company was short of the required cash flow. During the fiscal year ended May 31, 2024, Freddy Cimper was named Chief Technical Officer and was paid $20,000 in professional fees. Joseph Richard Moran is an officer of Blue Chip Capital Group, Inc and is the Chief Executive Officer of NM & RM Corporation. NM & RM was paid $85,000 for professional fees during the Year ended May 31, 2024. <p id="xdx_84C_eus-gaap--ShareBasedCompensationOptionAndIncentivePlansDirectorPolicy_zy4ejrmuzu9g" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">Stock-Based Compensation ASC 718 Compensation – Stock Compensation, (“ASC 718”) prescribes accounting and reporting standards for all stock-based payments award to employees, including employee stock options, restricted stock, employee stock purchase plans and stock appreciation rights, may be classified as either equity or liabilities. The Company determines if a present obligation to settle the share-based payment transaction in cash or other assets exists. A present obligation to settle in cash or other assets exists if: (a) the option to settle by issuing equity instruments lacks commercial substance or (b) the present obligation is implied because of an entity’s past practices or stated policies. If a present obligation exists, the transaction should be recognized as a liability; otherwise, the transaction should be recognized as equity. BLUE CHIP CAPITAL GROUP, INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50 Equity – Based Payments to Non-Employees (“ASC 505-50”). Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date. For stock-based transaction, as of May 31, 2024, the Company issued shares for services at par value since the stock is has no established market price at this time. <p id="xdx_842_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zYhezghmqV15" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">Recently Issued Accounting Pronouncements We have reviewed the issued Accounting Standards Update (“ASU”) accounting pronouncements and interpretations thereof that have effectiveness dates during the periods reported and in future periods. The Company has carefully Considered the new pronouncements that alter previous generally accepted accounting principles and does not believe that any new or modified principles will have a material impact on the corporation’s reported financial position or operations in the near term. The applicability of any standard is subject to the formal review of our financial management and certain standards are under consideration. <p id="xdx_849_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_z2t4I8Gk7c4e" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; background-color: white">Reclassification of Prior Year Presentation Certain prior year amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of prior operations.

Basis of Presentation The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”)

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.

Principals of Consolidation The consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (GAAP). The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated.

Cash and Cash Equivalents The Company accounts for cash and cash equivalents under Accounting Standards Codification (“ASC”) 305, Cash and Cash Equivalents (“ASC 305”) and considers all highly liquid investments with an original maturity of three months or less to be cash equivalents.

Software Application Software consists of an internally developed information system for use by the Company to allow individuals to invest in various opportunities as well as present individuals to provide opportunities for potential Investors and accounted for in accordance with ASC 350-40, Intangibles – Goodwill and Other – Internal-Use Software (“ASC350-40”). Costs incurred up to and including the feasibility stage of development as well as maintenance costs are expensed as incurred. As of May 31, 2024, the software is within the application development phase and all costs are currently capitalized.

<p id="xdx_84A_eus-gaap--RevenueFromContractWithCustomerPolicyTextBlock_zTFcfpfy9Ftg" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">Revenue Recognition Revenue for license fees is recognized upon the execution and closing of the contract for the amount of the contract. Contract fees are generally due based upon various progress milestones. Revenue from contract payments are estimated and accrued as earned. Any adjustments between actual contract payments and estimates are made to current operations in the period they are determined.

Deferred Income Taxes and Valuation Allowance The Company accounts for income taxes under ASC 740, Income Taxes (“ASC 740”). Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations. No deferred tax assets or liabilities were recognized at May 31, 2021. Based on its evaluation, the Company has concluded that there are no significant uncertain tax positions requiring recognition in its financial statements. The Company’s evaluation was performed for the tax years ended May 31, 2024, 2023, 2022 and 2021 for U.S. Federal Income Tax and for the State of Nevada. The Company has net operating loss carry forwards in the amount of approximately $1,652,590 that will expire beginning in 2035. The deferred tax assets including the net operating loss carry forward tax benefit of $347,028 which is offset by a valuation allowance. The Company follows the provisions of uncertain tax positions. The Company recognized approximately no increase in the liability for unrecognized tax benefits. The Company has no tax position at May 31, 2024 for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility.

1652590

347028

Financial Instruments ASC 820, Fair Value Measurements and Disclosures (ASC “820”) defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below: Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 3 - Inputs that are both significant to the fair value measurement and unobservable. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of May 31, 2024. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. The Company does not have any assets or liabilities measured at fair value on a recurring basis.

Warrants On June 29, 2021, the Company entered into a subscription agreement with a third party who agreed to purchase <span id="xdx_909_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_pid_c20210629__20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember_zfKy9xdNrF2g" title="Common stock purchase, shares">1,440,000 shares of common stock for $<span id="xdx_901_eus-gaap--SaleOfStockConsiderationReceivedOnTransaction_pid_c20210629__20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember_zkhUy1RF3w9a" title="Common stock purchase, value">45,000. In further consideration hereof, the Company will provide warrants to third party allowing third party to purchase a total of Three Hundred and Seventy-Eight Thousand (<span id="xdx_901_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember_zLA8GiyXAzZe" title="Warrants to purchase common stock">378,000) additional shares of the Company’s common stock (the “Warrants”) on the following terms: (i) a warrant to purchase One Hundred and Twenty-Six Thousand (<span id="xdx_90F_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyTwoMember_zTVMJQdSCy49" title="Warrants to purchase common stock">126,000) shares of the Company’s common stock on or before October 1, 2022, at a price of Fifty Cents ($<span id="xdx_90B_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyTwoMember_zI7vs7GfArWf" title="Warrants to purchase common stock">.50) per share; (ii) a warrant to purchase One Hundred and Twenty-Six Thousand (<span id="xdx_900_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyThreeMember_z8bvCmL8MkCe" title="Warrants to purchase common stock">126,000) shares of the Company’s common stock on or before October 1, 2023, at a price of Seventy-Five Cents ($<span id="xdx_903_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyThreeMember_zmcaNYsGOnf4" title="Warrants to purchase common stock">.75) per share; and (iii) a warrant to purchase One Hundred and Twenty-Six Thousand (<span id="xdx_90F_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyFourMember_zMe5m5F7ovz" title="Warrants to purchase common stock">126,000) shares of the Company’s common stock on or before October 1, 2024, at a price of Ninety Cents ($<span id="xdx_90A_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20210629__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyFourMember_zmPmU2PCU2Ub" title="Warrants to purchase common stock">.90) per share. The warrants will exercisable by cash payment only. On July 3, 2021, the Company entered into a subscription agreement with a third party who agreed to purchase <span id="xdx_901_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_pid_c20210703__20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember_zG2rtBSxyeW1" title="Common stock purchase, shares">1,600,000 shares of common stock for $<span id="xdx_90F_eus-gaap--SaleOfStockConsiderationReceivedOnTransaction_pid_c20210703__20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember_z9E8bzcIGuX4" title="Common stock purchase, value">50,000. In further consideration hereof, the Company will provide warrants to another third party allowing third party to purchase a total of Four Hundred and Twenty Thousand (<span id="xdx_90B_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember_zd0qMJp3KQTe" title="Warrants to purchase common stock">420,000) additional shares of the Company’s common stock (the “Warrants”) on the following terms: (i) a warrant to purchase One Hundred and Forty Thousand (<span id="xdx_90E_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyTwoMember_zDYfiubid82b" title="Warrants to purchase common stock">140,000) shares of the Company’s common stock on or before October 1, 2022, at a price of Fifty Cents ($<span id="xdx_900_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyTwoMember_zUAeF8qEq2ch" title="Warrants to purchase common stock">.50) per share; (ii) a warrant to purchase One Hundred and Forty Thousand (<span id="xdx_900_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyThreeMember_zpUYri1mgna5" title="Warrants to purchase common stock">140,000) shares of the Company’s common stock on or before October 1, 2023, at a price of Seventy-Five Cents ($<span id="xdx_909_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyThreeMember_zw9SEv1mIYBb" title="Warrants to purchase common stock">.75) per share; and (iii) a warrant to purchase One Hundred and Forty Thousand (<span id="xdx_901_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyFourMember_zGMYJ0jyKQta" title="Warrants to purchase common stock">140,000) shares of the Company’s common stock on or before October 1, 2024, at a price of Ninety Cents ($<span id="xdx_903_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20210703__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeOctoberOneTwoThousandTwentyFourMember_zvXWZEbU3oN3" title="Warrants to purchase common stock">.90) per share. The warrants will be exercisable by cash payment only. BLUE CHIP CAPITAL GROUP, INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS During the year ended May 31, 2024, the Company entered into several subscription agreements with a third parties who agreed to purchase <span id="xdx_901_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_pid_c20230601__20240531__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember_zCNdF6fZZ0Q" title="Common stock purchase, shares">730,150 shares of common stock for $<span id="xdx_906_eus-gaap--SaleOfStockConsiderationReceivedOnTransaction_pid_c20230601__20240531__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember_zc4PAk3EZGjh" title="Common stock purchase, value">257,450. In further consideration hereof, the Company will provide warrants to third parties allowing third parties to purchase a total of Two Hundred and Ninety-Seven Thousand six hundred (<span id="xdx_909_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20240531__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember_zWUTzFeuPsJb" title="Warrants to purchase common stock">291,600) additional shares of the Company’s common stock (the “Warrants”) on the following terms: (i) a warrant to purchase One Hundred and Forty Thousand Eight and eight (<span id="xdx_907_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20240531__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeJulySeventeenTwoThousandTwentyFourMember_zQf7IORBSsL6" title="Warrants to purchase common stock">145,800) shares of the Company’s common stock on or before July 17, 2024 at a price of Sixty five Cents ($<span id="xdx_900_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20240531__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeJulySeventeenTwoThousandTwentyFourMember_zql8HqwsBvjb" title="Warrants to purchase common stock">.65) per share; (ii) a warrant to purchase One Hundred and Forty Thousand Eight and eight (<span id="xdx_905_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20240531__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeJulySeventeenTwoThousandTwentyFiveMember_zJoqB2mYNPWa" title="Warrants to purchase common stock">145,800) of the Company’s common stock on or before July 17, 2025 at a price of Ninety Cents ($<span id="xdx_908_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20240531__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartyMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember__srt--StatementScenarioAxis__custom--OnOrBeforeJulySeventeenTwoThousandTwentyFiveMember_z2sceVjUvq06" title="Warrants to purchase common stock">.90) per share; The warrants will exercisable by cash payment only no warrants were granted, forfeited, expired or cancelled. As of May 31, 2024, there were 617,600 warrants outstanding with a weighted average exercise price of $<span id="xdx_90D_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice_iI_c20240531__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember_zce4EKw4ee3e" title="Weighted average exercise price">0.72, a weighted average remaining expiration period of approximately <span id="xdx_906_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageRemainingContractualTerm_dtY_c20230601__20240531__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember_zYMg3zYMa2Oh" title="Weighted average remaining expiration period">3.0 years and intrinsic value of <span id="xdx_900_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingIntrinsicValue_iI_dc_c20240531__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember_z4w3IpVT51N9" title="Warrants outstanding instrinsic value">zero. There were no additional warrants issued in this year ended May 31, 2024.

1440000

45000

378000

126000

0.50

126000

0.75

126000

0.90

1600000

50000

420000

140000

0.50

140000

0.75

140000

0.90

730150

257450

291600

145800

0.65

145800

0.90

617600

0.72 P3Y 0

<p id="xdx_846_eus-gaap--ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_zePH9IETBKl7" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">Long-lived Assets Long-lived assets such as property, equipment and identifiable intangibles are reviewed for impairment whenever facts and circumstances indicate that the carrying value may not be recoverable. When required impairment losses on assets to be held and used are recognized based on the fair value of the asset. The fair value is determined based on estimates of future cash flows, market value of similar assets, if available, or independent appraisals, if required. If the carrying amount of the long-lived asset is not recoverable from its undiscounted cash flows, an impairment loss is recognized for the difference between the carrying amount and fair value of the asset. When fair values are not available, the Company estimates fair value using the expected future cash flows discounted at a rate commensurate with the risk associated with the recovery of the assets. We did not recognize any impairment losses for any periods presented. At May 31, 2024, and May 31, 2023, the Company does not have any long-lived assets.

Property and Equipment The Company follows ASC 360, Property, Plant, and Equipment, for its fixed assets. Equipment is stated at cost less accumulated depreciation. Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets (3 years). At May 31, 2024, and May 31, 2023, the Company did not have any fixed assets.

P3Y

Related Parties The Company follows ASC 850, Related Party Disclosures (ASC:850”) for the identification of related parties and disclosure of related party transactions. At May 31, 2024, and May 31, 2023, the amounts due for related party transactions were $72,265 and $49,898 respectively. The single related party was a shareholder and officer of the Company and made various advances to cover operating expenses when the Company was short of the required cash flow. During the fiscal year ended May 31, 2024, Freddy Cimper was named Chief Technical Officer and was paid $20,000 in professional fees. Joseph Richard Moran is an officer of Blue Chip Capital Group, Inc and is the Chief Executive Officer of NM & RM Corporation. NM & RM was paid $85,000 for professional fees during the Year ended May 31, 2024.

72265

49898

20000

85000

<p id="xdx_84C_eus-gaap--ShareBasedCompensationOptionAndIncentivePlansDirectorPolicy_zy4ejrmuzu9g" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">Stock-Based Compensation ASC 718 Compensation – Stock Compensation, (“ASC 718”) prescribes accounting and reporting standards for all stock-based payments award to employees, including employee stock options, restricted stock, employee stock purchase plans and stock appreciation rights, may be classified as either equity or liabilities. The Company determines if a present obligation to settle the share-based payment transaction in cash or other assets exists. A present obligation to settle in cash or other assets exists if: (a) the option to settle by issuing equity instruments lacks commercial substance or (b) the present obligation is implied because of an entity’s past practices or stated policies. If a present obligation exists, the transaction should be recognized as a liability; otherwise, the transaction should be recognized as equity. BLUE CHIP CAPITAL GROUP, INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50 Equity – Based Payments to Non-Employees (“ASC 505-50”). Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date. For stock-based transaction, as of May 31, 2024, the Company issued shares for services at par value since the stock is has no established market price at this time.

<p id="xdx_842_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zYhezghmqV15" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">Recently Issued Accounting Pronouncements We have reviewed the issued Accounting Standards Update (“ASU”) accounting pronouncements and interpretations thereof that have effectiveness dates during the periods reported and in future periods. The Company has carefully Considered the new pronouncements that alter previous generally accepted accounting principles and does not believe that any new or modified principles will have a material impact on the corporation’s reported financial position or operations in the near term. The applicability of any standard is subject to the formal review of our financial management and certain standards are under consideration.

<p id="xdx_849_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_z2t4I8Gk7c4e" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; background-color: white">Reclassification of Prior Year Presentation Certain prior year amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of prior operations.

NOTE 4-RESTATEMENT During the preparation of its Form 10-K for the year ended May 31, 2024, management of the Company identified misstatements with respect to recognition of legal expenses during the year ended May 31, 2023. Management identified legal expenses were not correctly recognized and should have been accrued in that quarter and in the year end. The Company has restated its Consolidated Balance Sheet as of May 31, 2023, and the related Consolidated Statement of Operations, Consolidated Statement of Stockholders’ Equity and Consolidated Statement of Cash Flows for the year ended May 31, 2023, to correct the misstatements described above. <p id="xdx_89D_eus-gaap--ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentsTextBlock_z6ITKJqQWWFc" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The following table summarizes the effects of the restatement as of May 31, 2023, and for the year ended May 31, 2023. Corresponding changes were made in the Consolidated Statement of Stockholders’ Equity and Consolidated Statement of Cash Flows. The restatement had no net effect on the cash flows of the Company. SCHEDULE OF EFFECTS OF RESTATEMENT <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%; margin-left: 0.5in"> <tr style="display: none; vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"> </td><td id="xdx_49F_20230531__us-gaap--ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis__custom--LegalExpensesCorrectionMember__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_z1Gb0gE51Wa2" style="border-bottom: Black 1pt solid; text-align: center">As Previously Reported</td><td style="padding-bottom: 1pt; text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"> </td><td id="xdx_491_20230531__us-gaap--ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis__custom--LegalExpensesCorrectionMember_z1LlpubGi5y7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As Restated</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2023,</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="border-bottom: Black 1pt solid; text-align: center">As Previously Reported</td><td style="padding-bottom: 1pt; text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As Restated</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: center"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Consolidated Balance Sheet Information:</td><td style="text-align: center"> </td> <td style="text-align: center"> </td><td style="text-align: center"> </td><td style="text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center"> </td></tr> <tr id="xdx_406_eus-gaap--AccountsPayableCurrent_iI_zTKHBdI36oui" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Accounts Payable</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">47,024</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">77,024</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--Liabilities_iI_z76u7H9Vvqje" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">49,898</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">79,898</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--RetainedEarningsAccumulatedDeficit_iI_zTALPgcZJT75" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Accumulated deficit</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,276,410</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,306,410</td><td style="text-align: left">)</td></tr> <tr id="xdx_40E_eus-gaap--StockholdersEquity_iI_zRAqW4SU5ngh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total stockholders’ equity</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">40,450</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,450</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--LiabilitiesAndStockholdersEquity_iI_zbr0E6tdMQcb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total liabilities and stockholders’ equity</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">90,348</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">90,348</td><td style="text-align: left"> </td></tr> </table> BLUE CHIP CAPITAL GROUP, INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%; margin-left: 0.5in"> <tr style="display: none; vertical-align: bottom; background-color: White"> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"> </td><td id="xdx_491_20220601__20230531__us-gaap--ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis__custom--LegalExpensesCorrectionMember__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zFRwbO8pwE65" style="border-bottom: Black 1pt solid; text-align: center">As Previously Reported</td><td style="padding-bottom: 1pt; text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"> </td><td id="xdx_496_20220601__20230531__us-gaap--ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis__custom--LegalExpensesCorrectionMember_zqwxKAoxhexj" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As Restated</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Year Ended May 31, 2023</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="border-bottom: Black 1pt solid; text-align: center">As Previously Reported</td><td style="padding-bottom: 1pt; text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As Restated</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: center"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: left">Consolidated Statement of Operations Information:</td><td style="text-align: center"> </td> <td style="text-align: center"> </td><td style="text-align: center"> </td><td style="text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center"> </td></tr> <tr id="xdx_400_eus-gaap--GeneralAndAdministrativeExpense_zQGFs6aZ6rcl" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">General and Administrative</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">173,636</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">203,636</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--OperatingExpenses_zG0YnxUuoeLe" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total operating expenses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">173,636</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">203,636</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--OperatingIncomeLoss_zdIabgRfnOOd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Loss from operations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(173,636</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(203,636</td><td style="text-align: left">)</td></tr> <tr id="xdx_40E_eus-gaap--NetIncomeLoss_zHSmzHSTMofj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">NET LOSS</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(173,636</td><td style="text-align: left">) </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(203,636</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Net loss per share – basic and diluted</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right"><span id="xdx_906_eus-gaap--EarningsPerShareBasic_c20220601__20230531__us-gaap--ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis__custom--LegalExpensesCorrectionMember__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zooerZyKcpq" title="Net loss per share basic"><span id="xdx_902_eus-gaap--EarningsPerShareDiluted_c20220601__20230531__us-gaap--ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis__custom--LegalExpensesCorrectionMember__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zg5cxf0P6Wdl" title="Net loss per share diluted">(0.0011</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right"><span id="xdx_902_eus-gaap--EarningsPerShareBasic_c20220601__20230531__us-gaap--ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis__custom--LegalExpensesCorrectionMember_zRO5EnUmXDp7" title="Net loss per share basic"><span id="xdx_90F_eus-gaap--EarningsPerShareDiluted_c20220601__20230531__us-gaap--ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis__custom--LegalExpensesCorrectionMember_zySHbCfO7YO5" title="Net loss per share diluted">(0.0013</td><td style="text-align: left">) </td></tr> </table>

<p id="xdx_89D_eus-gaap--ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentsTextBlock_z6ITKJqQWWFc" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The following table summarizes the effects of the restatement as of May 31, 2023, and for the year ended May 31, 2023. Corresponding changes were made in the Consolidated Statement of Stockholders’ Equity and Consolidated Statement of Cash Flows. The restatement had no net effect on the cash flows of the Company. SCHEDULE OF EFFECTS OF RESTATEMENT <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%; margin-left: 0.5in"> <tr style="display: none; vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"> </td><td id="xdx_49F_20230531__us-gaap--ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis__custom--LegalExpensesCorrectionMember__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_z1Gb0gE51Wa2" style="border-bottom: Black 1pt solid; text-align: center">As Previously Reported</td><td style="padding-bottom: 1pt; text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"> </td><td id="xdx_491_20230531__us-gaap--ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis__custom--LegalExpensesCorrectionMember_z1LlpubGi5y7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As Restated</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2023,</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="border-bottom: Black 1pt solid; text-align: center">As Previously Reported</td><td style="padding-bottom: 1pt; text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As Restated</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: center"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Consolidated Balance Sheet Information:</td><td style="text-align: center"> </td> <td style="text-align: center"> </td><td style="text-align: center"> </td><td style="text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center"> </td></tr> <tr id="xdx_406_eus-gaap--AccountsPayableCurrent_iI_zTKHBdI36oui" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Accounts Payable</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">47,024</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">77,024</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--Liabilities_iI_z76u7H9Vvqje" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">49,898</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">79,898</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--RetainedEarningsAccumulatedDeficit_iI_zTALPgcZJT75" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Accumulated deficit</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,276,410</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,306,410</td><td style="text-align: left">)</td></tr> <tr id="xdx_40E_eus-gaap--StockholdersEquity_iI_zRAqW4SU5ngh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total stockholders’ equity</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">40,450</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,450</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--LiabilitiesAndStockholdersEquity_iI_zbr0E6tdMQcb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total liabilities and stockholders’ equity</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">90,348</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">90,348</td><td style="text-align: left"> </td></tr> </table> BLUE CHIP CAPITAL GROUP, INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%; margin-left: 0.5in"> <tr style="display: none; vertical-align: bottom; background-color: White"> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"> </td><td id="xdx_491_20220601__20230531__us-gaap--ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis__custom--LegalExpensesCorrectionMember__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zFRwbO8pwE65" style="border-bottom: Black 1pt solid; text-align: center">As Previously Reported</td><td style="padding-bottom: 1pt; text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"> </td><td id="xdx_496_20220601__20230531__us-gaap--ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis__custom--LegalExpensesCorrectionMember_zqwxKAoxhexj" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As Restated</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Year Ended May 31, 2023</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="border-bottom: Black 1pt solid; text-align: center">As Previously Reported</td><td style="padding-bottom: 1pt; text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As Restated</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: center"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: left">Consolidated Statement of Operations Information:</td><td style="text-align: center"> </td> <td style="text-align: center"> </td><td style="text-align: center"> </td><td style="text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center"> </td></tr> <tr id="xdx_400_eus-gaap--GeneralAndAdministrativeExpense_zQGFs6aZ6rcl" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">General and Administrative</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">173,636</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">203,636</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--OperatingExpenses_zG0YnxUuoeLe" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total operating expenses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">173,636</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">203,636</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--OperatingIncomeLoss_zdIabgRfnOOd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Loss from operations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(173,636</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(203,636</td><td style="text-align: left">)</td></tr> <tr id="xdx_40E_eus-gaap--NetIncomeLoss_zHSmzHSTMofj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">NET LOSS</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(173,636</td><td style="text-align: left">) </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(203,636</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Net loss per share – basic and diluted</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right"><span id="xdx_906_eus-gaap--EarningsPerShareBasic_c20220601__20230531__us-gaap--ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis__custom--LegalExpensesCorrectionMember__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zooerZyKcpq" title="Net loss per share basic"><span id="xdx_902_eus-gaap--EarningsPerShareDiluted_c20220601__20230531__us-gaap--ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis__custom--LegalExpensesCorrectionMember__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zg5cxf0P6Wdl" title="Net loss per share diluted">(0.0011</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right"><span id="xdx_902_eus-gaap--EarningsPerShareBasic_c20220601__20230531__us-gaap--ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis__custom--LegalExpensesCorrectionMember_zRO5EnUmXDp7" title="Net loss per share basic"><span id="xdx_90F_eus-gaap--EarningsPerShareDiluted_c20220601__20230531__us-gaap--ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis__custom--LegalExpensesCorrectionMember_zySHbCfO7YO5" title="Net loss per share diluted">(0.0013</td><td style="text-align: left">) </td></tr> </table>

47024

77024

49898

79898

-1276410

-1306410

40450

10450

90348

173636

203636

173636

203636

-173636

-203636

-173636

-203636

-0.0011

-0.0013

NOTE 5 – WHOLLY OWNED SUBSIDIARY On January 8, 2021, the Company created an additional wholly subsidiary entitled Raise Wise Morocco L.L.C. No assets or liabilities have been recorded on its balance sheet, nor has the subsidiary had any transactions since inception. The subsidiary’s purpose is to create a Crowdfunding platform that provides individual investors with access to investment opportunities. The Company owns <span id="xdx_908_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20210108__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--RiseWiseMoroccoLLCMember_zWYrgAyICMza" title="Ownership percentage">100% of the subsidiary. The Company is in the process of establishing a Crowdfunding platform in Sweden under the name RaiseWise Sweden AB. The Company formed a Swedish Limited liability company with the name RaiseWise Sweden AB that is a wholly owned subsidiary of the Company that has been granted a registration to provide crowd funding services with the national regulator in Sweden). The Company owns <span id="xdx_90D_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20240531__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--RiseWiseSwedenMember_zM2EJWzlS0k6" title="Ownership percentage">100% of the stock in RaiseWise Sweden and there has been no transaction recorded at May 31, 2024.

NOTE 6 – STOCKHOLDERS’ EQUITY Series A Preferred Stock Based upon Board resolutions at the time the Company was re-domiciled in Nevada, the Company is authorized to issue 10,000,000 shares of Common Stock, at a par value of $.0001 of which 999,999 shares of Common Stock were issued to our founders. Our Board has the authority, without further action by the stockholders, to issue up to <span id="xdx_90F_ecustom--UndesignatedPreferredStockSharesAuthorized_iI_pid_c20201217__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember_zJgAkZknOS76" title="Undesignated preferred stock, shares authorized">9,000,000 shares of undesignated preferred stock with rights and preferences, including voting rights, designated from time to time by our Board. As of November 30, 2021, there are 1,000,000 shares of Series A Preferred Stock authorized, of which <span id="xdx_903_eus-gaap--PreferredStockSharesOutstanding_iI_pid_c20211130__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember_zGoZod4Y64o9" title="Preferred stock, shares outstanding">999,999 shares are outstanding. The holders of the Series A Preferred Stock shall have full voting rights and powers on all matters subject to a vote by the holders of the Company’s Common Stock and Series A Preferred Stock shall vote together as a single class with the holders of the Company’s Common Stock and the holders of any other class or series of shares entitled to vote with the Common Stock (collectively, the “Voting Capital Stock”), with the holders of Series A Preferred Stock being entitled to sixty-eight percent (68%) of the total votes on all such matters regardless of the actual number of shares of Series A Preferred Stock then outstanding, and the holders of Voting Capital Stock and any other shares entitled to vote being entitled to their proportional share of the remaining 32% of the total votes based on their respective voting power. Unless otherwise declared from time to time by the Board of Directors, out of funds legally available thereof, the holders of shares of the outstanding shares of Series A Preferred Stock shall not be entitled to receive dividends. Holders of Series A Preferred Stock shall not be entitled, as a matter of right, to subscribe for, purchase or receive any part of any stock of the Corporation of any class whatsoever, or of securities convertible into or exchangeable for any stock of any class whatsoever, whether now or hereafter authorized and whether issued for cash or other consideration or by way of dividend by virtue of the Series A Preferred Stock nor shall the shares of Series A Preferred Stock be convertible into shares of the Corporation’s Common Stock. The shares of Series A Voting Preferred Stock being issued to the holders are not transferable. BLUE CHIP CAPITAL GROUP, INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Common Stock Based upon Board resolutions at the time the Company was re-domiciled in Nevada, the Company is authorized to issue 400,000,000 shares of Common Stock, at a par value of $.0001 of which 150,000,000 shares of Common Stock were issued to our founders. The Company issues an additional <span id="xdx_90C_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20201217__20201217__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ThirdPartiesMember_z00NiDr7BR31" title="Number of shares issued">730,150 shares to third parties for cash investments. The Company also issued <span id="xdx_90A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_pid_c20201217__20201217__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zttizOF2T0Cg" title="Number of shares issued as compensation">4,730,000 shares as compensation. Additional shares may be issued upon the exercise of any outstanding warrants issued to private investors or to be issued by the Company in the future, or otherwise authorized for issuance by our board of directors, from time-to-time, without further stockholder approval. On July17, 2023 the Board of Directors approved a resolution to cancel <span id="xdx_901_eus-gaap--StockIssuedDuringPeriodSharesShareBasedCompensationForfeited_pid_c20230717__20230717__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_z0DphoJDg3oc" title="Number of shares cancelled">75,000,000 common shares that had originally been issued to the founders. The holders of the Company’s common stock are entitled to receive dividends out of assets or funds legally available for the payment of dividends at such times and in such amounts as the board from time to time may determine. Holders of common stock are entitled to one vote for each share held on all matters submitted to a vote of shareholders. There is no cumulative voting of the election of directors then standing for election. The common stock is not entitled to pre-emptive rights and is not subject to conversion or redemption.

10000000

0.0001

999999

9000000

1000000

999999

The holders of the Series A Preferred Stock shall have full voting rights and powers on all matters subject to a vote by the holders of the Company’s Common Stock and Series A Preferred Stock shall vote together as a single class with the holders of the Company’s Common Stock and the holders of any other class or series of shares entitled to vote with the Common Stock (collectively, the “Voting Capital Stock”), with the holders of Series A Preferred Stock being entitled to sixty-eight percent (68%) of the total votes on all such matters regardless of the actual number of shares of Series A Preferred Stock then outstanding, and the holders of Voting Capital Stock and any other shares entitled to vote being entitled to their proportional share of the remaining 32% of the total votes based on their respective voting power

400000000

0.0001

150000000

730150

4730000

75000000

NOTE 7 – SUBSEQUENT EVENTS Subsequent events were evaluated through November 8, 2024, which is the date the financial statements were available to be issued. On August 28, 2024, the Board of Directors of Blue-Chip Capital Group, Inc. (the “Company”) approved the execution of a Proposal to purchase US Petrochemical Industries, Inc. (“US Petrochemical”), a privately owned company based in Houston, TX. The proposed acquisition requires the Company to purchase <span id="xdx_900_eus-gaap--BusinessAcquisitionPercentageOfVotingInterestsAcquired_iI_pid_dp_uPure_c20240828__us-gaap--BusinessAcquisitionAxis__custom--USPetrochemicalIndustriesIncMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zyyItlAX46w" title="Percentage of voting interests acquired">100% of the capital stock in US Petrochemical from Laique Rehman, President and sole stockholder of US Petrochemical, for $<span id="xdx_90F_eus-gaap--PaymentsToAcquireBusinessesGross_c20240828__20240828__us-gaap--BusinessAcquisitionAxis__custom--USPetrochemicalIndustriesIncMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zawgWiMlXKb" title="Payments to acquire businesses">7,000,000. The amount is payable in 5 months subject to the review and approval by the Company of the audited and interim financial statements of US Petrochemical for the fiscal years ended 2022 and 2023 and the interim periods of fiscal 2024, as well as receipt by the Company of necessary documentation and information to conduct its due diligence. The Company has submitted documentation required for completion and submission of a Form 15c2-11 (or Form 211) for approval from FINRA to secure a symbol for trading of its common stock on the stock exchange or a quotation system. Management anticipates the receipt of approval in approximately 60 days. On September 11, 2024, the Board of Directors of Blue-Chip Capital Group, Inc. (the “Company”) accepted the resignation of Hassan Oulhous as a member of the Company’s Board of Directors, which resignation was reported in a Form 8-K filed on September 16, 2024. Mr. Oulhous, who served as a Director since 2021, did not inform the Company of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices, nor is any disagreement known to an executive officer of the Company, as defined in 17 CFR 240.3b-7, on any matter relating to the Company’s operations, policies or practices. The Company understands that the resignation was for the purpose of Mr. Oulhous pursuing other business opportunities. The Company provided Mr. Oulhous with a copy of the disclosure contained in the Form 8-K. On September 11, 2024, in connection with the resignation of Mr. Oulhous, the Board approved the appointment of Mr. James C. DiPrima, the Company’s Interim Chief Executive Officer and Interim Chief Financial Officer, to its Board of Directors. Mr. DiPrima has served as the Company’s Interim Chief Executive Officer and Interim Chief Financial Officer since March 29, 2024. On October 16, 2024, the Board of Directors of Blue Chip Capital Group, Inc. (the “Company”) accepted the resignation of James Lasry as a member of the Company’s Board of Directors. Mr. Lasry, who served as a Director since 2021, informed the Company that he did not have sufficient business time to devote to the Company’s affairs as a Board member. Mr. Lasry did not inform the Company of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices, nor is any disagreement known to an executive officer of the Company, as defined in 17 CFR 240.3b-7, on any matter relating to the Company’s operations, policies or practices. A copy of the Form 8-K reporting Mr. Lasry’s resignation was filed on October 22, 2024. Following the acceptance of Mr. Lasry’s resignation, the Registrant’s Board of Directors approved the appointment of Mr. Frederic Ohana as a member of the Registrant’s Board effective on October 21, 2024. A Form 8-K reporting Mr. Ohana’s appointment was filed on October 22, 2024.

7000000