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

¨
For the fiscal year ended August 31, 2020

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

For the transition period from _____________ to _____________

Commission file number 000-52831

Nevada

37-1832675

(State or other jurisdiction of

incorporation or organization)

(I.R.S. Employer

Identification No.)

~~Registrant’s telephone number, including area code:~~ ~~(302) 782-9788~~

~~Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 the Securities Act. Yes~~ ¨ No x

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 the Securities Act. Yes ☐ No ☒

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒

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

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

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

~~Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act Yes~~ ¨ No x

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

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-K (§229.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes x No ¨

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ¨

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

Large accelerated filer	¨☐	Accelerated filer	¨☐
Non-accelerated filer	¨☐	Smaller reporting company	x☒
~~(Do not check if a smaller reporting company)~~		Emerging Growth Company	x☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

The aggregate market value of Common Stock held by non-affiliates of the Registrant on February 28, 2020, was $30,108 based on a $0.036 average bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed second fiscal quarter.

Indicate the number of shares outstanding of each of the registrant’s classes of common stock as of the latest practicable date.

80,616 shares of common stock as of December 8, 2020.

~~Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes~~ xNo ¨

The aggregate market value of Common Stock held by non-affiliates of the Registrant on February 28, 2018, was $16,730 based on a $0.02 average bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed second fiscal quarter.

~~Indicate the number of shares outstanding of each of the registrant’s classes of common stock as of the latest practicable date.~~

This annual report contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as ~~“may“~~“may”, ~~“should“~~“should”, ~~“expects“~~“expects”, ~~“plans“~~“plans”, ~~“anticipates“~~“anticipates”, ~~“believes“~~“believes”, ~~“estimates“~~“estimates”, ~~“predicts“~~“predicts”, ~~“potential“~~“potential” or ~~“continue“~~“continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors ~~including the risks in the section entitled “Risk Factors“~~ that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

Our consolidated unaudited financial statements are stated in United States Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles. The following discussion should be read in conjunction with our financial statements and the related notes that appear elsewhere in this annual report. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed below and elsewhere in this annual report.

InUnless otherwise specified in this annual report, ~~unless otherwise specified,~~ all dollar amounts are expressed in United States dollars and all references to “common ~~shares“~~stock” refer to ~~the~~shares of our common ~~shares in our capital~~ stock.

As used in this ~~current~~annual report, ~~and unless otherwise indicated,~~ the terms ~~“we“~~“we”, ~~“us“~~“us”, “our” and ~~“our“~~“our company” mean ~~Kalmin Corp.~~Nanovation Microtech, Inc. , a Nevada corporation and our wholly-owned subsidiary, No Tie LLC, a New York limited liability corporation, unless otherwise indicated.

We were incorporated under the laws of the State of Nevada on July 20, ~~2016,~~2017, for the purpose of manufacturing and selling the necessary equipment for drinking mate - kalabas and bombilla.

On May 4, 2018, as a result of a private transaction, the control block of voting stock of our company, represented by 4,000,000 shares of common stock, was transferred from Jose Maria Galarza Gaona to Greenfields International Limited, resulting in a change of control.

Upon the change of control of our company, the existing directors and officers resigned immediately. Accordingly, Jose Maria Galarza Gaona, serving as director and President and Karel Astride Oulai, serving as Treasurer and Secretary, ceased to be officers and directors of our company. At the effective date of the transfer, Teddy Chen An, ~~age 36,~~ assumed the role of director and Chief Executive Officer, President, Secretary and Treasurer of ~~the Company.~~our company.

~~We are currently seeking new business opportunities with established business entities for merger with or acquisition~~With the change of a target business. In certain instances, a target business may wish to become our subsidiary or may wish to contribute assets to us rather than merge. We have not yet begun negotiations or entered into any definitive agreements for potential new business opportunities, and there can be no assurance that we will be able to enter into any definitive agreements.

~~Any new acquisition or business opportunities that we may acquire will require additional financing. There can be no assurance, however, that we will be able to acquire~~control on May 4, 2018, management determined it was in the ~~financing necessary to enable us to pursue our plan of operation. If our company requires additional financing and we are unable to acquire such funds, our business may fail.~~

~~Management~~best interest of our company ~~believes that there are benefits~~ to being a reporting company with a class of securities quoted on the OTCQB, such as: (i) the ability to use registered securities to acquire assets or businesses; (ii) increased visibility in the financial community; (iii) the facilitation of borrowing from financial institutions; (iv) potentially improved trading efficiency; (v) potential stockholder liquidity; (vi) potentially greater ease in raising capital subsequent to an acquisition; (vii) potential compensation of key employees through stock awards or options; (viii) potentially enhanced corporate image; and (ix) a presence in the United States’ capital market.

~~We may~~ seek a business opportunity with entities that have recently commenced operations, or entities who wish to utilize the public marketplace in order to raise additional capital in order to expand business development activities, to develop a new ~~product or service, or for other corporate purposes. We may acquire assets and establish wholly-owned subsidiaries in various businesses or acquire existing businesses as subsidiaries.~~

In implementing a structure for a particular business acquisition or opportunity, we may become a party to a merger, consolidation, reorganization, joint venture, or licensing agreement with another corporation or entity. We may also acquire stock or assets of an existing business. Upon the consummation of a transaction, it is anticipated that our sole officer and two directors will continue to manage the Company.

As of the date hereof, we have not entered into any formal written agreements for a business combination or opportunity. When any such agreement is reached, we intend to disclose such an agreement by filing a current report on Form 8-K.

We anticipate that the selection of a business opportunity in which to participate will be complex and without certainty of success. Business opportunities may be available in many different industries and at various stages of development, all of which will make the task of comparative investigation and analysis of such business opportunities extremely difficult and complex. Business opportunities that we believe are in the best interests of our company may be scarce, or we may be unable to obtain the ones that we want. We can provide no assurance that we will be able to locate compatible business opportunities.

~~Currently,~~On December 1, 2018, we entered into a Share Sale and Purchase Agreement (the “Agreement”) with No Tie LLC (“No Tie”). Under the terms of the Agreement, we have agreed to purchase all of the issued and outstanding shares of No Tie and its mobile application assets for a purchase price of $37,500 (the “Acquisition”).

In connection with the Agreement, our company assumed certain ongoing responsibilities of No Tie, including maintaining Apple developer licenses and domain name registration and hosting.

The assets acquired by our company consist of a significant portion of the assets used in the operation of the No Tie business, with the exception of, accounts receivable for sales made prior to the closing date for the developer accounts, cash on hand and all computers, printers and related accessories and technology equipment.

On December 2, 2018, we entered into a First Amendment to the Agreement, wherein the closing date of the Acquisition was extended from December 1, 2018 to on or before January 31, 2019. The Acquisition closed on January 25, 2019. At closing, No Tie became a subsidiary of our company.

Our principal executive offices are located at Osterbrogade 226 st. tv, Copenhagen, Denmark 2100. Our telephone number is (302)782-4171. We do not have a source of revenue. We are not able to fund our cash requirements through our current operations. We have been reliant on loans by affiliated and non-affiliated parties to provide financial contributions and services to keep our company operating. Further, we believe that our company may have difficulties raising capital from other sources until we locate a prospective merger candidate through which we can pursue our plan of operation. If we are unable to secure adequate capital to continue our acquisition efforts, our shareholders may lose some or all of their investment and our business may fail. We currently have no written or oral agreement from our majority shareholder to continue to provide financial contributions.

Other than ~~our directors and officers, who provide their services to our company and independent consultants,~~as set out herein, we have ~~no full time employees.~~not been involved in any bankruptcy, receivership or similar proceedings, nor have we been a party to any material reclassification, merger, consolidation or purchase or sale of a significant amount of assets not in the ordinary course of our business.

~~You~~Upon closing of the Acquisition, we are ~~advised to read this Form 10-K~~now an App business with 120+ Apps primarily for iPhone, iPad and Apple Watch with over six million downloads and awards from AARP, About.com, BestAppEver and more. Several of our Apps have consistently been ranked in ~~conjunction with other reports and documents that we file from time to time with~~ the SEC. In particular, please read our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K that we file from time to time. You may obtain copies of these reports directly from us or from the SEC at the SEC’s Public Reference Room at 100 F. Street, N.E. Washington, D.C. 20549, and you may obtain information about obtaining access to the Reference Room by calling the SEC at 1-800-SEC-0330. In addition, the SEC maintains information for electronic filers at its website http://www.sec.gov.Top Ten in their categories, including #1 iPad Medical app.

~~As a “smaller reporting company“, we are not required to provide the information required by this Item.~~

Our ~~address principal executive office is located at 8 The Green, Suite #5140 Dover DE 19901.~~iPhone iOS portfolio includes 97 Apps, primarily consisting of ring tones. Our apps also include talking video greeting cards, games, Autism Speaking Soundboards and more.

From time to time, we may become involved in litigation relating to claims arising out of our operations in the normal course of business. We are not involved in any pending legal proceeding or litigation and, to the best of our knowledge, no governmental authority is contemplating any proceeding to which we are a party and which would reasonably be likely to have a material adverse effect on our company. To date, our company has never been involved in litigation, as either a party or a witness, nor has our company been involved in any legal proceedings commenced by any regulatory agency against our company.

~~Not applicable.~~We are an emerging growth company under the JOBS Act. We shall continue to be deemed an emerging growth company until the earliest of:

As an emerging growth company we are exempt from Section 404(b) of Sarbanes Oxley. Section 404(a) requires issuers to publish information in their annual reports concerning the scope and adequacy of the internal control structure and procedures for financial reporting. This statement shall also assess the effectiveness of such internal controls and procedures. Section 404(b) requires that the registered accounting firm shall, in the same report, attest to and report on the assessment and the effectiveness of the internal control structure and procedures for financial reporting.

As an emerging growth company we are also exempt from Section 14A (a) and (b) of the Securities Exchange Act of 1934 which require the shareholder approval of executive compensation and golden parachutes. These exemptions are also available to us as a Smaller Reporting Company.

Investing in our common stock involves a high degree of risk. You should carefully consider the risks described below, together with the other information contained in this current report, including our financial statements and the related notes attached as exhibits, before making any decision to invest in shares of our common stock. If any of the events contemplated by the following discussion of risks should occur, our business, results of operations and financial condition could suffer significantly. As a result, you could lose some or all of your investment in our common stock.

The audit opinion and notes that accompany our financial statements for the year ended August 31, 2018, disclose a ‘going concern’ qualification to our ability to continue in business. The accompany statements have been prepared under the assumption that we will continue as a going concern. We have incurred losses since our inception. We do not have sufficient cash to fund normal operations and meet debt obligations for the next 12 months without deferring payment on certain current liabilities and raising additional funds.

We currently are not profitable and our ability to continue as a going concern is dependent upon our ability to raise capital to fund our future operations and working capital requirements or our ability to make positive progress in executing our business plan. Our plans for mitigating the going concern qualification include financing our future operations through sales of our common stock and/or debt and the eventual profitable operations of our business. The uncertainty of our achievement of these factors raises substantial doubt about our ability to continue as a going concern.

If we are unable to maintain a good relationship with Apple, our business will suffer.

The Apple App Store is our primary distribution, marketing, promotion and payment platform for our Apps. We expect to generate substantially all of our revenue through those platforms for the foreseeable future. Any deterioration in our relationship with Apple would harm our business and adversely affect the value of our stock.

We are subject to Apple’s standard terms and conditions for application developers, which govern the promotion, distribution and operation of games and other applications on their platform.

If Apple loses their market position or otherwise fall out of favor with Internet users, we would need to identify alternative channels for marketing, promoting and distributing our Apps, which would consume substantial resources and may not be effective. In addition, Apple has broad discretion to change their terms of service and other policies with respect to us and other developers, and those changes may be unfavorable to us.

We operate in a new and rapidly changing industry, which makes it difficult to evaluate our business and prospects.

Mobile apps, from which we expect to derive all of our revenue, is a new and rapidly evolving industry. The growth of the mobile app industry and the level of demand and market acceptance of our Apps are subject to a high degree of uncertainty. Our future operating results will depend on numerous factors affecting the mobile app industry, many of which are beyond our control, including:

Our ability to plan for app development, distribution and promotional activities will be significantly affected by our ability to anticipate and adapt to relatively rapid changes in the tastes and preferences of our current and potential users. New and different types of entertainment may increase in popularity at the expense of mobile apps. A decline in the popularity of apps in general, or our Apps in particular, would harm our business and prospects.

We have a new business model and a short operating history, which makes it difficult to evaluate our prospects and future financial results and may increase the risk that we will not be successful.

We have a short operating history and a new business model, which makes it difficult to effectively assess our future prospects.

Our growth depends on our ability to consistently launch new apps that achieve significant popularity. Each of our Apps requires significant engineering, marketing and other resources to develop, launch and sustain via regular upgrades. Our ability to successfully launch, sustain and expand apps and attract and retain a user-base largely will depend on our ability to:

If our Apps do not maintain their popularity, our results of operations could be harmed.

In addition to creating new apps that are attractive to a significant number of users, we must extend the life of our existing Apps, in particular our most successful Apps. For an App to remain popular, we must constantly enhance, expand or upgrade it with new features users find useful. Such constant enhancement requires the investment of significant resources, particularly with older Apps, and such costs on average have increased. We may not be able to successfully enhance, expand or upgrade our current Apps.

Our Apps target a specific market, and may be negatively impacted by updates to the iOS platform and unfavorable reviews, which could harm our business and results of operations.

Because our Apps are very specific on what they can do there is potential for them to be serving too narrow of a market. Another risk posed to our Apps are updates to the iOS platform, which could render some of our Apps or their features obsolete. In addition, negative reviews or ratings by app users could lower the number of downloads of our Apps. Each of the foregoing could harm our business and results of operations.

Any failure or significant interruption in our network could impact our operations and harm our business.

Our technology infrastructure is critical to the performance of our Apps and to user satisfaction. Our Apps run on a complex distributed system, or what is commonly known as cloud computing. This system is operated by third parties that we do not control and which would require significant time to replace. We expect this dependence on third parties to continue.

Security breaches, computer viruses and computer hacking attacks could harm our business and results of operations.

Security breaches, computer malware and computer hacking attacks have become more prevalent in our industry, and may occur on our systems in the future. Any security breach caused by hacking, which involves efforts to gain unauthorized access to information or systems, or to cause intentional malfunctions or loss or corruption of data, software, hardware or other computer equipment, and the inadvertent transmission of computer viruses could harm our business, financial condition and operating results.

We face significant competition, there are low barriers to entry in the search engine optimization industry, and competition is intense.

The search engine optimization industry is highly competitive, and we expect more competitors to emerge. We face competition from a number of competitors who offer search engine optimization software. Some of these current, emerging and potential competitors have significant resources for developing or acquiring additional software solutions, and have a more diversified set of revenue sources than we do and may be less severely affected by changes in consumer preferences, regulations or other developments that may impact the search engine optimization. Increased competition could result in loss of existing customers or reduce our ability to acquire new customers, both of which could harm our business.

There are low barriers to entry in the app industry, and competition is intense.

The app industry is highly competitive, with low barriers to entry and we expect more companies to enter the sector and a wider range of apps to be introduced. In addition, we have limited experience in developing apps for mobile and other platforms and our ability to succeed on those platforms is uncertain. As we continue to devote resources to developing apps for those platforms, we will face significant competition from established companies and new-comers. Some of these current, emerging and potential competitors have significant resources for developing apps, and have a more diversified set of revenue sources than we do and may be less severely affected by changes in consumer preferences, regulations or other developments that may impact the market for mobile apps. Increased competition could result in loss of existing users or reduce our ability to acquire new users, both of which could harm our business.

We may in the future be, subject to intellectual property disputes, which are costly to defend and could require us to pay significant damages and could limit our ability to use certain technologies in the future.

We may face allegations that we have infringed the trademarks, copyrights, patents and other intellectual property rights of third parties, including from our competitors, non-practicing entities and former employers of our personnel. Patent and other intellectual property litigation may be protracted and expensive, and the results are difficult to predict. As the result of any court judgment or settlement we may be obligated to cancel the launch of a new App, stop offering an App or certain features of an App, pay royalties or significant settlement costs, purchase licenses or modify our Apps and features while we develop substitutes.

Failure to protect or enforce our intellectual property rights or the costs involved in such enforcement could harm our business and operating results.

We regard the protection of our trade secrets, copyrights, and other intellectual property rights as critical to our success and we rely on trade secret protection and copyright law to protect our proprietary rights. However, trade secret protection and copyright law may not prevent the misappropriation of our proprietary information or deter independent development of similar technologies by others. Further, in some instances we may be required to obtain licenses to intellectual property in lieu of ownership. Such licenses may be limited in scope and require us to renegotiate on a frequent basis for additional use rights. Moreover, to the extent we only have a license to any intellectual property used in our software, there may be no guarantee of continued access to such intellectual property, including on commercially reasonable terms.

We could be required to cease certain activities and/or incur substantial costs as a result of any claim of infringement of another party’s intellectual property rights.

Some of our competitors may own technology patents, copyrights, trademarks, trade secrets and website content, which they may use to assert claims against us. In recent years, there has been significant litigation involving patents and other intellectual property rights. Companies in the Internet and technology industries are increasingly bringing and becoming subject to suits alleging infringement of proprietary rights. As we face increasing competition and as litigation becomes a more common way to resolve disputes, we face a higher risk of being the subject of intellectual property infringement claims. We cannot assure you that we will not become subject to claims that we have misappropriated or misused other parties’ intellectual property rights. If we are sued by a third party that claims that our technology infringes its rights, the litigation (with or without merit) could be expensive and could divert our management resources.

The results of any intellectual property litigation to which we might become a party may require us to do one or more of the following:

If we are required to make substantial payments or undertake any of the other actions noted above as a result of any intellectual property infringement claims against us, such payments or costs could have a material adverse effect upon our business and financial results.

Programming errors or flaws in our Apps could harm our reputation or decrease market acceptance of our Apps, which would harm our operating results.

Our Apps may contain errors, bugs, flaws or corrupted data, and these defects may only become apparent after their launch, particularly as we launch new Apps and rapidly release new features to existing Apps under tight time constraints. Further, if we utilize application developers in India and/or China, we believe there is an increased likelihood that our Apps may contain errors, bugs, flaws or corrupted data. We believe that if our users have a negative experience with our Apps, they may be less inclined to continue or resume using them or recommend our Apps to other potential users. Undetected programming errors, App defects and data corruption can disrupt our operations, adversely affect the experience of our users.

Our business is subject to a variety of other U.S. and foreign laws, many of which are unsettled and still developing and which could subject us to claims or otherwise harm our business.

We are subject to a variety of laws in the United States and abroad, including laws regarding consumer protection, intellectual property, export and national security, that are continuously evolving and developing. The scope and interpretation of the laws that are or may be applicable to us are often uncertain and may be conflicting, particularly laws outside the United States. For example, laws relating to the liability of providers of online services for activities of their users and other third parties are currently being tested by a number of claims, including actions based on invasion of privacy and other torts, unfair competition, copyright and trademark infringement, and other theories based on the nature and content of the materials searched, the ads posted or the content provided by users.

If we are not able to comply with these laws or regulations or if we become liable under these laws or regulations, we could be directly harmed, and we may be forced to implement new measures to reduce our exposure to this liability. This may require us to expend substantial resources or to modify our Apps, which would harm our business, financial condition and results of operations. In addition, the increased attention focused upon liability issues as a result of lawsuits and legislative proposals could harm our reputation or otherwise impact the growth of our business. Any costs incurred as a result of this potential liability could harm our business and operating results.

If we fail to keep up with technological developments and evolving user expectations, we may fail to maintain or attract customers or generate revenues, and our business and operating results may be materially and adversely affected.

We operate in a market characterized by rapidly changing technologies, evolving industry standards, new product and service announcements, new generations of product enhancements and changing user expectations. Accordingly, our performance and the ability to further monetize our Apps will depend on our ability to adapt to these rapidly changing technologies and industry standards, and our ability to continually innovate in response to both evolving demands of the marketplace and competitive products. There may be occasions when we may not be as responsive as our competitors in adapting our existing software to changing industry standards and the needs of our users.

We intend to devote resources aimed at developing new software applications and enhancing our existing software. We may not be able to effectively integrate new software applications or enhance our existing software on a timely basis or at all, which may decrease user satisfaction with our services. Such new software applications or enhancements to our existing software, even if developed or integrated, may not function as expected or may be unable to attract and retain a substantial number of users to use our products. Our failure to keep pace with rapid technological changes and evolving user expectations may cause us to fail to retain or attract users or generate revenues, and could have a material and adverse effect on our business and operating results.

We expect to make significant investments in growing our business and significantly increase our use of independent contractors, which could further reduce our ability to attain profitability. In addition, as a public company, we will incur significant accounting, legal and other expenses that we did not incur as a private company. As a result of these increased expenditures, our ability to become profitable in the future could become more difficult. In future periods, our revenue could decline or grow more slowly than we expect. We also may incur significant losses in the future for a number of reasons, including due to the other risks described in this prospectus, and we may encounter unforeseen expenses, difficulties, complications, delays and other unknown factors. Accordingly, we may not be able to attain profitability, and we may continue to incur losses in the future.

We may experience fluctuations in our quarterly operating results due to a number of factors, which make our future results difficult to predict.

Our revenue and other operating results could vary significantly from quarter to quarter due to a variety of factors, many of which are outside our control. In addition, we may not be able to accurately predict our future revenue or results of operations. We base our current and future expense levels on our internal operating plans and forecasts, and some of our operating costs are to a large extent fixed in the near term. As a result, we may not be able to reduce our costs quickly enough to compensate for an unexpected shortfall in revenue, and even a small shortfall in revenue could adversely affect financial results for that quarter.

Our employee is only part-time and the loss of one or more of our key personnel, or our failure to attract and retain other highly qualified personnel in the future, could harm our business.

We currently depend on the continued services and performance of one part-time employee. The loss of our employee could disrupt our current Apps, delay new app development, and decrease user retention, which would have an adverse effect on our business. In addition, as our employee is only part time and is required to only devote ten (10) hours per week to our affairs, it may have a negative impact on our business and planned operations. Further, we cannot any employee from terminating their employment with us at any time.

As we grow, we cannot guarantee we will be able to attract the personnel we need to maintain our competitive position. If we do not succeed in attracting, hiring and integrating excellent personnel, or retaining and motivating existing personnel, we may be unable to grow effectively.

We will need to continue to expand and enhance our network infrastructure to accommodate the growth of our business.

We rely on our internal network infrastructure to manage our operations and to provide us with the data we need to analyze the performance of our business and to report our operational and financial performance accurately. We plan to invest in expanding and enhancing our network systems which could involve additional purchases of computer hardware and software as well as the hiring of additional operations personnel. We may not be able to successfully install and implement any new computer hardware and software needed to enhance our operational systems and we may not be able to attract a sufficient number of additional qualified operations personnel. If we are unable to successfully expand and enhance our network infrastructure and operational systems, or experience difficulties in implementing such systems, our business could be harmed.

Our systems and operations are vulnerable to damage or interruption from fires, floods, power losses, telecommunications failures, cyber attacks, terrorist attacks, acts of war, human errors, break-ins and similar events. Additionally, we rely on our network, data centers and third-party infrastructure and enterprise applications, internal technology systems and our website for our development, marketing and operational support activities. In the event of a catastrophic event, we may be unable to continue our operations and may endure system interruptions, reputational harm, delays in our software development, lengthy interruptions in our services, breaches of data security and loss of critical data, all of which could have an adverse effect on our future operating results.

Security breaches have become more prevalent in the technology industry. We believe that we take reasonable steps to protect the security, integrity and confidentiality of the information we collect, use, store and disclose, but there is no guarantee that inadvertent (e.g., software bugs or other technical malfunctions, employee error or malfeasance, or other factors) or unauthorized data access or use will not occur despite our efforts. Although we have not experienced any material security breaches to date, we have in the past experienced and we may in the future experience attempts to disable our systems or to breach the security of our systems. Techniques used to obtain unauthorized access to personal information, confidential information and/or the systems on which such information are stored and/or to sabotage systems change frequently and generally are not recognized until launched against a target. As a result, we may be unable to anticipate these techniques or to implement adequate preventative measures.

If an actual or perceived security breach occurs, the market perception of our security measures could be harmed and we could lose sales and users and/or suffer other negative consequences to our business. A security breach could adversely affect the user experience and cause the loss or corruption of data, which could harm our business, financial condition and operating results. Any failure to maintain the security of our infrastructure could result in loss of personal information and/or other confidential information, damage to our reputation and user relationships, early termination of our contracts and other business losses, indemnification of our users, financial penalties, litigation, regulatory investigations and other significant liabilities. In the event of a major third-party security incident, we may incur losses in excess of their insurance coverage. Further, we do not have insurance currently, and certain incidents that we can experience may not be covered by any insurance that we may carry in the future.

If we fail to maintain our brand or further develop widespread brand awareness cost-effectively, our business may suffer.

We believe that developing and maintaining widespread awareness of our brand in a cost-effective manner is critical to achieving widespread acceptance of our Apps and attracting new users. Brand promotion activities may not generate consumer awareness or increase revenue, and even if they do, any increase in revenue may not offset the expenses we incur in building our brand. In addition, our brand can be harmed if we experience adverse publicity for our Apps for any reason, including due to “bugs,” outages, security breaches or violations of laws. If we fail to successfully promote and maintain our brand, or incur substantial expenses, we may fail to attract or retain user necessary to realize a sufficient return on our brand-building efforts, or to achieve the widespread brand awareness that is critical for broad user adoption of our Apps.

We may need to raise additional funds in the future to achieve our current business strategy and our inability to obtain funding will cause our business to fail.

We may need to raise additional funds through public or private debt or equity sales in order to fund our future operations and fulfill our business plan in the future. These financings may not be available when needed. Even if these financings are available, they may be on terms that we deem unacceptable or are materially adverse to your interests with respect to dilution of book value, dividend preferences, liquidation preferences, or other terms. Our inability to obtain financing could have an adverse effect on our ability to implement our current business plan and develop our properties and products, and as a result, could require us to diminish or suspend our operations and possibly cease our existence.

Risks Related to the Acquisition and Ownership of Our Common ~~Equity, Related Stockholder Matters~~Stock

There is not now, and ~~Issuer Purchases~~there may never be, an active, liquid and orderly trading market for our common stock, which may make it difficult for you to sell your shares of ~~Equity Securities~~our common stock.

Our common stock is eligible for quotation on OTC Markets, OTCPink (Current Information) tier of OTC Markets Group Inc., an over-the-counter quotation system, and there is not now, nor has there been since our inception, any significant trading activity in our common stock or a market for shares ~~are~~of our common stock, and an active trading market for our shares may never develop or be sustained. As a result, investors in our common stock must bear the economic risk of holding those shares for an indefinite period of time. We do not now, and may not in the future, meet the initial listing standards of any national securities exchange, and we presently anticipate that our common stock will be quoted on the OTC Markets in the OTCPink (Current Information) tier or another over-the-counter quotation system in the foreseeable future. In those venues, our stockholders may find it difficult to obtain accurate quotations as to the market value of their shares of our common stock, and may find few buyers to purchase their stock and few market makers to support its price. As a result of these and other factors, you may be unable to resell your shares of our common stock at or above the price for which you purchased them, at or near quoted bid prices, or at all. Further, an inactive market may also impair our ability to raise capital by selling additional equity in the future, and may impair our ability to enter into strategic partnerships or acquire companies or products by using shares of our common stock as consideration.

Our share price is expected to be volatile and may be influenced by numerous factors, some of which are beyond our control.

Market prices for shares of mobile application companies such as ours are often volatile, and the trading price of our common stock is therefore likely to be highly volatile and could be subject to wide fluctuations in response to various factors, some of which are beyond our control. In addition to the factors discussed in this “Risk Factors” section and elsewhere in this report, these factors include:

In addition, the stock market in general, and the stocks of small-cap biotechnology companies in particular, have experienced extreme price and volume fluctuations that have often been unrelated or disproportionate to the operating performance of these companies. Broad market and industry factors may negatively affect the market price of our common stock, regardless of our actual operating performance. In addition other biotechnology companies or our competitors’ programs could have positive or negative results that impact their stock prices and their results or stock fluctuations could have a positive or negative impact on our stock price regardless of whether such impact is direct or not. The realization of any of the above risks or any of a broad range of other risks, including those described in these “Risk Factors,” could have a dramatic and material adverse impact on the market price of our common stock.

Our common stock is subject to the “penny stock” rules of the SEC and the trading market in the securities is limited, which makes transactions in the stock cumbersome and may reduce the value of an investment in the stock.

Rule 15g-9 under the ~~symbol “KLMN.“ The following quotations, obtained~~Exchange Act establishes the definition of a “penny stock,” for the purposes relevant to us, as any equity security that has a market price of less than $5.00 per share or with an exercise price of less than $5.00 per share, subject to certain exceptions. For any transaction involving a penny stock, unless exempt, the rules require: (i) that a broker or dealer approve a person’s account for transactions in penny stocks; and (ii) the broker or dealer receive from ~~Stockwatch, reflect~~ the ~~high~~investor a written agreement to the transaction, setting forth the identity and ~~low bids~~quantity of the penny stock to be purchased.

In order to approve a person’s account for ~~our common shares based on inter-dealer prices, without retail mark-up, mark-down~~transactions in penny stocks, the broker or ~~commission~~dealer must: (i) obtain financial information and ~~may not represent actual transactions.~~investment experience objectives of the person and (ii) make a reasonable determination that the transactions in penny stocks are suitable for that person and the person has sufficient knowledge and experience in financial matters to be capable of evaluating the risks of transactions in penny stocks.

The ~~following table reflects~~broker or dealer must also deliver, prior to any transaction in a penny stock, a disclosure schedule prescribed by the SEC relating to the penny stock market, which, in highlight form: (i) sets forth the basis on which the broker or dealer made the suitability determination; and (ii) confirms that the broker or dealer received a signed, written agreement from the investor prior to the transaction. Generally, brokers may be less willing to execute transactions in securities subject to the “penny stock” rules. This may make it more difficult for investors to dispose of our common stock and cause a decline in the market value of our common stock.

Disclosure also has to be made about the risks of investing in penny stocks in both public offerings and in secondary trading and about the commissions payable to both the broker or dealer and the registered representative, current quotations for the securities and the rights and remedies available to an investor in cases of fraud in penny stock transactions. Finally, monthly statements have to be sent disclosing recent price information for the penny stock held in the account and information on the limited market in penny stocks.

FINRA sales practice requirements may limit a stockholder’s ability to buy and sell our stock.

The Financial Industry Regulatory Authority, or FINRA, has adopted rules requiring that, in recommending an investment to a customer, a broker-dealer must have reasonable grounds for believing that the investment is suitable for that customer. Prior to recommending speculative or low-priced securities to their non-institutional customers, broker-dealers must make reasonable efforts to obtain information about the customer’s financial status, tax status, investment objectives and other information. Under interpretations of these rules, FINRA has indicated its belief that there is a high probability that speculative or low-priced securities will not be suitable for at least some customers. If these FINRA requirements are applicable to us or our securities, they may make it more difficult for broker-dealers to recommend that at least some of their customers buy our common stock, which may limit the ability of our stockholders to buy and ~~low bid information~~sell our common stock and could have an adverse effect on the market for and price of our common stock.

If securities or industry analysts do not publish, or cease publishing, research or publish inaccurate or unfavorable research about our business or our market, or if they change their recommendations regarding our stock adversely, our stock price and any trading volume could decline.

Any trading market for our common stock ~~obtained from Nasdaq~~that may develop will depend in part on the research and ~~reflects inter-dealer prices, without retail mark-up, markdown~~reports that securities or ~~commission,~~industry analysts publish about us or our business, markets or competitors. Securities and industry analysts do not currently, and may ~~not necessarily represent actual transactions.~~never, publish research on us or our business. If no securities or industry analysts commence coverage of our company, the trading price for our stock would be negatively affected. If securities or industry analysts initiate coverage, and one or more of those analysts downgrade our stock or publish inaccurate or unfavorable research about our business or our market, our stock price would likely decline. If one or more of these analysts cease coverage of our company or fail to publish reports on us regularly, demand for our stock could decrease, which might cause our stock price and any trading volume to decline.

~~The high~~If we fail to maintain proper and ~~low bid prices~~effective internal controls, our ability to produce accurate and timely financial statements could be impaired, which could harm our operating results, our ability to operate our business and investors’ views of us.

We are required to comply with Section 404 of the Sarbanes-Oxley Act. Section 404 of the Sarbanes-Oxley Act requires public companies to conduct an annual review and evaluation of their internal controls. Our management team and Board of Directors will need to devote significant efforts to maintaining adequate and effective disclosure controls and procedures and internal control over financial reporting in order to comply with applicable regulations, which may include hiring additional legal, financial reporting and other finance and accounting staff. Additionally, any of our efforts to improve our internal controls and design, implement and maintain an adequate system of disclosure controls may not be successful and will require that we expend significant cash and other resources.

Under the Jumpstart Our Business Startups Act of 2012, or the JOBS Act, issuers that qualify as “emerging growth companies” under the JOBS Act will not be required to provide an auditor’s attestation report on internal controls for so long as the issuer qualifies as an emerging growth company. We currently qualify as an emerging growth company under the JOBS Act, and we may choose not to provide an auditor’s attestation report on internal controls. However, if we cannot favorably assess the effectiveness of our internal control over financial reporting, or if we require an attestation report from our independent registered public accounting firm in the future and that firm is unable to provide an unqualified attestation report on the effectiveness of our internal controls over financial reporting, investor confidence and, in turn, our stock price could be materially adversely affected.

Ensuring that we have adequate internal financial and accounting controls and procedures in place so that we can produce accurate financial statements on a timely basis is a costly and time-consuming effort that will need to be evaluated frequently. Our failure to maintain the effectiveness of our internal controls in accordance with the requirements of the Sarbanes-Oxley Act could have a material adverse effect on our business. We could lose investor confidence in the accuracy and completeness of our financial reports, which could have an adverse effect on the price of our common stock. In addition, if our efforts to comply with new or changed laws, regulations, and standards differ from the activities intended by regulatory or governing bodies due to ambiguities related to practice, regulatory authorities may initiate legal proceedings against us and our business may be harmed.

We do not have sufficient accounting and supervisory personnel with the appropriate level of technical accounting experience and training necessary or adequate accounting policies, processes and procedures, particularly in the areas of revenue recognition, equity related transactions and other complex, judgmental areas for U.S. GAAP financial reporting and SEC reporting purposes and consequently, we must rely on third party consultants. These deficiencies represent a material weakness (as defined under the Exchange Act) in our internal control over financial reporting in both design and operation. We may identify additional material weaknesses in the future. Under the Exchange Act, a material weakness is defined as a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of a company’s annual or interim financial statements will not be prevented or detected on a timely basis by the company’s internal controls. We are currently developing a plan to design, review, implement and refine internal control over financial reporting. However, we may identify deficiencies and weaknesses or fail to remediate previously identified deficiencies in our internal controls. If material weaknesses or deficiencies in our internal controls exist and go undetected or unremediated, our financial statements could contain material misstatements that, when discovered in the future, could cause us to fail to meet our future reporting obligations and cause the price of our common stock ~~for the periods indicated below are as follows:~~to decline.

~~(1)~~

~~our shares of common stock were listed for trading on the OTC Markets on November 28, 2017.~~

Our shares are issued in registered form. Action Stock Transfer, 2469 E. Fort Union Blvd, Suite 214, Salt Lake City UT 84121 (Telephone: (801) 274-1088; Facsimile: (801) 274-1099 is the registrar and transfer agent for our common shares.

We are not subject to compliance with rules requiring the adoption of certain corporate governance measures and as a result our stockholders have limited protections against interested director transactions, conflicts of interest and similar matters.

The Sarbanes-Oxley Act, as well as rule changes enacted by the SEC, the New York Stock Exchange and the NASDAQ Stock Market as a result of Sarbanes-Oxley, require the implementation of various measures relating to corporate governance. These measures are designed to enhance the integrity of corporate management and the securities markets and apply to securities which are listed on those exchanges. Because we are not presently required to comply with many of the corporate governance provisions we have not yet adopted these measures. As a result, we do not yet have an audit or compensation committee. Until we comply with such corporate governance measures, regardless of whether such compliance is required, the absence of such standards of corporate governance may leave our stockholders without protections against interested director transactions, conflicts of interest and similar matters.

We do not have a class of our securities registered under Section 12 of the Exchange Act. Until we do or we become subject to Section 15(d) of the Exchange Act, we will be a “voluntary filer.”

We are not currently required under Section 13 or Section 15(d) of the Exchange Act to file periodic reports with the SEC. We have in the past voluntarily elected to file some or all of these reports to ensure that sufficient information about us and our operations is publicly available to our stockholders and potential investors. Because we are a voluntary filer, we are considered a non-reporting issuer under the Exchange Act. Until we become subject to the reporting rules under the Exchange Act, we are not required to file annual, quarterly or current reports and could cease doing so at any time. Additionally, until we register a class of our securities under Section 12 of the Exchange Act, we are not subject to the SEC’s proxy rules, and large holders of our capital stock will not be subject to beneficial ownership reporting requirements under Sections 13 or 16 of the Exchange Act and their related rules. As a result, our stockholders and potential investors may not have available to them as much or as robust information as they may have if and when we become subject to those requirements.

Our principal stockholders own a significant percentage of our stock and will be able to exert significant control over matters subject to stockholder approval.

Certain of our principal stockholders own a significant percentage of our outstanding capital stock. As of the date of this report, our holders of 5% or more of our capital stock and their respective affiliates beneficially own approximately 82% of our outstanding voting stock (which includes shares they have the right to acquire within 60 days), after giving effect to the Acquisition. Accordingly, our large stockholders have significant influence over our affairs due to their substantial ownership, and have substantial voting power to approve matters requiring the approval of our stockholders. For example, these stockholders may be able to control elections of directors, amendments of our organizational documents, or approval of any merger, sale of assets, or other major corporate transaction. This concentration of ownership may prevent or discourage unsolicited acquisition proposals or offers for our common stock that some of our stockholders may believe is in their best interest.

If we issue additional shares of our capital stock in the future, our existing stockholders will be diluted.

Our Articles of Incorporation authorizes the issuance of up to 75,000,000 shares of our common. Possible business and financial uses for our authorized capital stock include, without limitation, equity financing, future stock splits, acquiring other companies, businesses or products in exchange for shares of our capital stock, issuing shares of our capital stock to partners or other collaborators in connection with strategic alliances, attracting and retaining employees by the issuance of additional securities under our equity compensation plan, or other transactions and corporate purposes that our Board of Directors deems are in the interests of our company. Additionally, issuances of shares of our capital stock could have the effect of delaying or preventing changes in control or our management. Any future issuances of shares of our capital stock may not be made on favorable terms or at all, they may have rights, preferences and privileges that are superior to those of our common stock, and may have an adverse effect on our business or the trading price of our common stock. The issuance of any additional shares of our common stock will reduce the book value per share and may contribute to a reduction in the market price of the outstanding shares of our common stock. Additionally, any such issuance will reduce the proportionate ownership and voting power of all of our current stockholders.

Sales of a substantial number of shares of our common stock in the public market, or the perception that such sales could occur, could cause our stock price to fall.

~~On November 28, 2018,~~If our existing stockholders sell, or indicate an intention to sell, substantial amounts of our common stock in the ~~shareholders’ list showed 12~~public market after the legal restrictions on resale discussed in this report lapse or after those shares become registered ~~shareholders~~for resale pursuant to an effective registration statement, the trading price of our common stock could decline. As of the date of this current report, a total of 4,836,500 shares of our common stock are outstanding. Of those shares, only approximately 863,500 are currently freely tradable, without restriction, in the public market. If we were to elect to file a registration statement with ~~4,836,500~~respect to outstanding shares of our common stock, those shares that become registered would be freely tradable without restriction, except for shares held by our affiliates, and any sales of those shares or any perception in the market that such sales may occur could cause the trading price of our common stock to decline.

In addition, shares of common stock that are either subject to outstanding options or reserved for future issuance under our equity incentive plan will become eligible for sale in the public market to the extent permitted by the provisions of various vesting schedules, Rule 144 under the Securities Act, and any future registration of such shares under the Securities Act. If these additional shares of common stock are sold, or if it is perceived that they will be sold, in the public market, the trading price of our common stock could decline.

The elimination of personal liability of our directors and officers under Nevada law and the existence of indemnification rights held by our directors, officers and employees may result in substantial expenses.

Our Bylaws eliminate to the furthest extent permitted under Nevada law the personal liability of our directors and officers to us, our stockholders and creditors for damages as a result of any act or failure to act in his or her capacity as a director or officer. Further, our Bylaws provide that we are obligated to indemnify, subject to certain exceptions, each of our directors or officers to the fullest extent authorized by Nevada law and, subject to certain conditions, to advance the expenses incurred by any director or officer in defending any action, suit or proceeding prior to its final disposition. Those indemnification obligations could expose us to substantial expenditures to cover the cost of settlement or damage awards against our directors or officers, which we may be unable to afford. Further, those provisions and resulting costs may discourage us or our stockholders from bringing a lawsuit against any of our current or former directors or officers for such damages, even if such actions might otherwise benefit our stockholders.

We do not intend to pay cash dividends on our capital stock in the foreseeable future.

We have never declared or paid any cash dividends on our common stock and do not anticipate paying any dividends in the foreseeable future. We currently intend to retain all future earnings to fund the development and growth of our business. Any future payment of cash dividends in the future will be at the discretion of our Board of Directors and will depend on, among other things, our earnings, financial condition, capital requirements, level of indebtedness, statutory and contractual restrictions applying to the payment of dividends and other considerations that the Board of Directors deems relevant. Our stockholders should not expect that we will ever pay cash or other dividends on our outstanding capital stock.

We are an emerging growth company and we cannot be certain if the reduced disclosure requirements applicable to emerging growth companies will make our common stock less attractive to investors.

We are an emerging growth company under the JOBS Act. For as long as we continue to be an emerging growth company, we intend to take advantage of certain exemptions from various reporting requirements that are applicable to other public companies including, but not limited to, reduced disclosure obligations regarding executive compensation in our periodic reports and proxy statements, exemptions from the requirements of holding a nonbinding advisory stockholder vote on executive compensation and any golden parachute payments not previously approved, exemption from the requirement of auditor attestation in the assessment of our internal control over financial reporting and exemption from any requirement that may be adopted by the Public Company Accounting Oversight Board. If we do, the information that we provide stockholders may be different than what is available with respect to other public companies. We cannot predict if investors will find our common stock less attractive because we will rely on these exemptions. If some investors find our common stock less attractive as a result, there may be a less active trading market for our common stock and our stock price may be more volatile.

Under the JOBS Act, emerging growth companies can delay adopting new or revised accounting standards until such time as those standards apply to private companies. We have irrevocably elected to take advantage of this extended transition period. Since we will not be required to comply with new or revised accounting standards on the relevant dates on which adoption of such standards is required for other public companies, our financial statements may not be comparable to the financial statements of companies that comply with the effective dates of those accounting standards.

We will remain an emerging growth company until the earliest of (1) the end of the fiscal year in which the market value of our common stock that is held by non-affiliates exceeds $700 million as of the end of the second fiscal quarter, (2) the end of the fiscal year in which we have total annual gross revenues of $1 billion or more during such fiscal year, (3) the date on which we issue more than $1 billion in non-convertible debt in a three-year period or (4) January 31, 2023, the end of the fiscal year following the fifth anniversary of the date of the first sale of our common stock pursuant to an effective registration statement filed under the Securities Act. Decreased disclosures in our SEC filings due to our status as an “emerging growth company” may make it harder for investors to analyze our results of operations and financial prospects.

We are a smaller reporting company, and we cannot be certain if the reduced disclosure requirements applicable to smaller reporting companies will make our common stock less attractive to investors.

We are currently a “smaller reporting company”, meaning that we are not an investment company, an asset-backed issuer, or a majority-owned subsidiary of a parent company that is not a smaller reporting company and have a public float of less than $250 million or annual revenues of less than $100 million, and no public float, or public float of less than $700 million during the most recently completed fiscal year. In the event that we are still considered a “smaller reporting company,” at such time we cease being an “emerging growth company”, we will be required to provide additional disclosure in our SEC filings. However, similar to “emerging growth companies”, “smaller reporting companies” are able to provide simplified executive compensation disclosures in their filings; are exempt from the provisions of Section 404(b) of the Sarbanes-Oxley Act requiring that independent registered public accounting firms provide an attestation report on the effectiveness of internal control over financial reporting; and have certain other decreased disclosure obligations in their SEC filings, including, among other things, only being required to provide two years of audited financial statements in annual reports and in a registration statement under the Exchange Act on Form 10. Decreased disclosures in our SEC filings due to our status as a “smaller reporting company” may make it harder for investors to analyze our results of operations and financial prospects.

Our principal executive offices are located at Osterbrogade 226 st. tv, Copenhagen, Denmark 2100. Our offices are provided to us at no cost.

There is a limited public market for our common shares. Our common shares are listed for quotation on the Pink sheets of the OTC Markets under the trading symbol “KLMN”. Trading in stocks quoted on the Pink Sheets is often thin and is characterized by wide fluctuations in trading prices due to many factors that may be unrelated to a company’s operations or business prospects.

Pink Sheet securities are not listed or traded on the floor of an organized national or regional stock exchange. Instead, OTC Pink Sheet securities transactions are conducted through a telephone and computer network connecting dealers in stocks. Pink Sheet issuers are traditionally smaller companies that do not meet the financial and other listing requirements of a regional or national stock exchange.

As of December 8, 2020, we had 3 shareholders of record of our common stock with 80,616 shares of common stock outstanding.

We have not paid any cash dividends onto our ~~common stock and have no present intention~~shareholders. The declaration of ~~paying~~ any future cash dividends onis at the ~~shares~~discretion of our ~~common stock. Our current policy is to retain~~board of directors and depends upon our earnings, if any, ~~for use~~our capital requirements and financial position, our general economic conditions, and other pertinent conditions. It is our present intention not to pay any cash dividends in the foreseeable future, but rather to reinvest earnings, if any, in our ~~operations and in the development of our business. Our future dividend policy will be determined from time to time by our board of directors.~~business operations.

~~We do~~Our company has not ~~have~~adopted any equity compensation ~~plans.~~plans and does not anticipate adopting any equity compensation plans in the near future. Notwithstanding the foregoing, because the company has limited cash resources at this time, it may issue shares or options to or enter into obligations that are convertible into shares of common stock with its employees and consultants as payment for services or as discretionary bonuses.

Recent Sales of ~~Unregistered Securities; Use of Proceeds from Registered Securities~~unregistered securities

~~We did not sell any equity~~There have been no sales of unregistered securities ~~which~~by us within the past three years.

There were ~~not registered under the Securities Act during~~no repurchases of common stock for the year ended August 31, ~~2018 that were not otherwise disclosed on our quarterly reports~~2020.

This annual report on Form ~~10-Q~~10-K contains forward-looking statements within the meaning of the federal securities laws. These include statements about our expectations, beliefs, intentions or ~~our current reports on Form 8-K filed during~~strategies for the ~~year ended August 31, 2018.~~

~~Purchase of Equity Securities~~future, which we indicate by words or phrases such as “anticipate,” “expect,” “intend,” “plan,” “will,” “we believe,” “management believes” and similar language. Except for the ~~Issuer and Affiliated Purchasers~~

~~We did not purchase any of our shares of common stock or other securities during our fourth quarter of our fiscal year ended August 31, 2018.~~

~~As a “smaller reporting company“, we are not required to provide~~historical information contained herein, the ~~information required by~~matters discussed in this ~~Item.~~

~~Item 7. Management’s~~“Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and elsewhere in this current report on Form 10-K are forward-looking statements that involve risks and uncertainties. The factors listed in the section captioned “Risk Factors,” as well as any cautionary language in this current report on Form 10-K, provide examples of risks, uncertainties and events that may cause our actual results to differ materially from those projected. Except as may be required by law, we undertake no obligation to update any forward-looking statement to reflect events after the date of this current report on Form 10-K.

We intend for this discussion to provide information that will assist in understanding our financial statements, the changes in certain key items in those financial statements, and the primary factors that accounted for those changes, as well as how certain accounting principles affect our financial statements.

Our company has experienced net losses to date, and it has not generated revenue from operations, we will need additional working capital to service debt and for ongoing operations, which raises substantial doubt about our ability to continue as a going concern. Management of our company has developed a strategy to meet operational shortfalls which may include equity funding, short term or long term financing or debt financing, to enable our company to reach profitable operations. If we fail to generate positive cash flow or obtain additional financing, when required, we may have to modify, delay, or abandon some or all of our business and expansion plans

The following discussion and analysis should be read in conjunction with our company’s audited financial statements for the fiscal years ended August 31, 2020 and ~~the related~~2019 and accompanying notes appended thereto that ~~appear elsewhere~~are included in this annual report. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward looking statements. Factors that could cause or contribute to such differences include, but are not limited to those discussed below and elsewhere in this annual report, particularly in the section entitled “Risk Factors“ beginning on page 8 of this annual report.

~~Our audited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles.~~Results of Operations

~~Results of Operations -~~ Year Ended August 31, ~~2018~~2020 Compared to ~~Year Ended~~ August 31, ~~2017~~

~~The following summary of our results of operations should be read in conjunction with our consolidated financial statements for the years ended August 31, 2018 and 2017, which are included herein.~~2019

Our operating results for the year ended August 31, ~~2018~~2020 and ~~2017,~~August 31, 2019, and the changes between those periods for the respective items are summarized as follows:

On December 1, 2018, we entered into a Share Sale and Purchase Agreement with No Tie LLC. The Acquisition closed on January 25, 2019. At closing, No Tie became a subsidiary of our company.

During the year ended August 31, 2020 and August 31, 2019, we incurred total net loss of $133,121 and $32,858, respectively.

We ~~recognized revenue of $25,766 and cost of~~had sales ~~of $13,511~~ for the year ended August 31, ~~2018,~~2020 as compared to ~~$26,000 and $6,030~~$2,774 revenue from mobile application sales during the year ended August 31, 2019. The Company started to recognize mobile application sales since the acquisition of No Tie LLC on January 25, 2019.

Operating expenses were $40,414 for the year ended August 31, ~~2017. The gross profit declined~~2020, compared to ~~$12,255~~$35,362 for the year ended August 31, ~~2018 from $19,970~~2019 due to the increase in professional fees incurred with respect to the requirements for public reporting.

Other expenses incurred during the year ended August 31, ~~2017 mainly due to the increase in cost~~2020 were $93,501 consisting of ~~goods sold. On May 4, 2018, the Company underwent a change~~note discount amortization of ~~control~~$80,085 and ~~the Company was currently evaluating its future strategic business plans.~~note interest of $13,416.

~~Operating expenses were $58,568 for the year ended August 31, 2018, compared to $22,068 for the year ended August 31, 2017, due to an increase in professional fees.~~

~~We incurred a net loss in the amount of $46,313 and $2,098 for the years ended August 31, 2018 and 2017, respectively.~~

	As of			As of					As of			As of
	August 31,			August 31,					August 31,			August 31,
	2018			2017		Changes			2020			2019			Changes $			Change %

Current Assets	$	-		$	27,272	$	(27,272	)	$	-		$	2,326		$	(2,326	)	(100%)
Current Liabilities	$	15,403		$	21,453	$	(6,050	)	$	105,599		$	54,890		$	50,709			92	%
Working Capital (Deficiency)	$	(15,403	)	$	5,819	$	(21,222	)	$	(105,599	)	$	(52,564	)	$	(53,035	)		101	%

As of ~~August31, 2018,~~August 31, 2020, we had a working capital deficit of ~~$15,403~~$105,599 compared to a working capital deficit of ~~$5,819~~$52,564 as of August 31, ~~2017.~~

~~As of August 31, 2018, we had no current assets with all assets being transferred upon~~2019. The increase in working capital deficiency was mainly due to the ~~change of control~~increase in convertible note issued for payment made for operation expense on behalf of the Company on May 4, 2018, as the assets were returned to the previous owner. As of August 31, 2017, we had current assets of $27,272 composed of cash and cash equivalents of $4,021, prepaid expense of $10,343 and inventory of $12,908.

~~As of August 31, 2018, we had current liabilities of $15,403 for accounts payable~~ and accrued ~~liabilities of $12,821 and advances from director of $2,582, as compared to current liabilities of $21,453 as of August 31, 2017, for advances from director.~~interest.

	Year			Year						Year			Year
	Ended			Ended						Ended			Ended
	August 31,			August 31,						August 31,			August 31,
	2018			2017			Changes			2020			2019			Changes			Change %

Net cash used in operating activities	$	(11,153	)	$	(22,355	)	$	11,202		$	(35,694	)	$	(41,863	)	$	6,169		(15%)
Net cash used in investing activities		-			(10,585	)		10,585
Net cash provided by investing activities										$	-		$	53		$	(53	)	(100%)
Net cash provided by financing activities	$	7,132		$	36,380		$	(29,248	)	$	33,846		$	43,658		$	(9,812	)	(22%)
Net increase (decrease) in cash and cash equivalents	$	(4,021	)	$	3,440		$	(7,461	)
Net increase(decrease) in cash and cash equivalents										$	(1,848	)	$	1,848		$	(3,696	)	(200%)

~~For~~During the year ended August 31, ~~2018,~~2020, net cash used in operating activities was ~~$11,153,~~$35,694, related to our net loss of ~~$46,313, offset~~$133,121, decreased by ~~the depreciation expense~~note discount amortization of ~~$2,081, a decrease~~$80,086 and net changes in ~~prepaid expenses of $5,321, a decrease in inventory of $12,877~~operating assets and ~~an increase in accounts payable and accrued~~ liabilities of ~~$13,181 and an increase in customer deposits of $1,700.~~$17,341.

~~For~~During the year ended ~~August31, 2017,~~August 31, 2019, net cash used in operating activities was ~~$22,355,~~$41,863, related to our net loss of ~~$2,098 which was~~$32,858, increased by ~~an increase~~net changes in ~~prepaid expenses~~operating assets and liabilities of ~~$8,303 and an increase in inventory of $12,908,and was offset by the depreciation expense of $954.~~$9,005.

~~For~~During the year ended August 31, ~~2018,~~2020, we had no investing activities.

During the year ended August 31, 2019, net cash provided by investing activities was ~~$0, as compared to~~$53 from acquisition of net cash ~~used in investing activities of $10,585 for~~from No Tie LLC.

~~For the year ended~~2020 and August 31, ~~2018,~~2019, net cash provided by financing activities was ~~$7,132, attributed to the net advancement~~$33,846 from ~~director of $6,632 and the~~ proceeds from ~~the sale of~~ issuance of ~~common stock of $500.~~

~~For the year ended August 31, 2017, net cash provided by the financing activities was $36,380 attributed to the~~convertible note and $43,658 from advancement from the director, ~~of $20,600 and the proceeds from the issuance of common stock of $15,780.~~respectively.

Our cash balance at August 31, 2018 was $0, with $15,403 in outstanding current liabilities, consisting of accounts payable and accrued liabilities of $12,821 and advances from director of $2,582. We estimate total expenditures over the next 12 months are expected to be approximately $12,000.

~~As a “smaller reporting company“, we are not required to provide tabular disclosure obligations.~~

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

We believe that the following accounting policies are the most critical to aid you in fully understanding and evaluating this “Management’s Discussion and Analysis of Financial Condition and Results of Operation.”

The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States ~~of America~~ requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. ~~A change in managements’ estimates or assumptions could have a material impact on our financial condition and results of operations during the period in which such changes occurred.~~ Actual results could differ from those estimates. ~~Our financial statements reflect all~~These estimates are reviewed periodically, and, as adjustments ~~that management believes~~become necessary, they are ~~necessary for~~reported in earnings in the ~~fair presentation~~period in which they become known. The estimates on depreciation were based on the estimated useful lives of ~~their financial condition and results of operations for~~our company’s assets. Any estimates during the ~~periods presented.~~period have had an immaterial effect on earnings.

Our company will adopt Accounting Standard Update (“ASU“) 2014-09, “Revenue from Contracts with Customers (Topic 606)“ as of September 1, 2018. ASU 2014-09 will replace most existing revenue recognition guidance in US GAAP when it becomes effective. Management has ~~evaluated the impact of our company’s adoption of ASU 2014-09 on its financial statements~~implemented all new accounting pronouncements and does not ~~expect the new standard to~~believe that there are any other accounting pronouncements that have been issued that may have a ~~significant~~material impact on its financial position, results of operations and related disclosures. To make this determination, management has identified the contract with its customer, identified the performance obligations, determined the transaction price, allocated the transaction price to the performance obligations in the contract, and recognized revenue when our company satisfies the performance obligation.statements.

~~As a “smaller reporting company“, we are not required to provide the information required by this Item.~~Not Applicable.

~~REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM~~Report of Independent Registered Public Accounting Firm

We have audited the accompanying consolidated balance sheets of ~~Kalmin Corp. (the “Company”)~~Nanovation Microtech, Inc. as of August 31, ~~2018~~2020 and ~~2017, and~~2019, the related statements of operations, ~~changes in stockholders’~~stockholders' equity (deficit), and cash flows for ~~each of~~ the years ~~in the two-year period~~then ended, ~~August 31, 2018,~~ and the related notes (collectively referred to as the ~~financial statements)~~"financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of August 31, ~~2018~~2020 and ~~2017,~~2019, and the results of its operations and its cash flows for ~~each of~~ the years ~~in the two-year period~~then ended, ~~August 31, 2018,~~ in conformity with accounting principles generally accepted in the United ~~States of America.~~States.

These financial statements are the responsibility of the ~~Company’s~~Company's management. Our responsibility is to express an opinion on the ~~Company’s~~Company's financial statements based on our ~~audits.~~audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ~~(PCAOB)~~("PCAOB") and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our ~~audits~~audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Our ~~audits~~audit included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our ~~audits~~audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our ~~audits provide~~audit provides a reasonable basis for our opinion.

Substantial Doubt about the Company’s Ability to Continue as a Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial statements, the Company has ~~incurred net~~suffered recurring losses from operations and has a significant accumulated deficit. In addition, the Company continues to experience negative cash ~~flow~~flows from ~~operations since inception.~~operations. These factors ~~and the need for additional financing in order for the Company to meet its business plans raises~~raise substantial doubt about the ~~Company’s~~Company's ability to continue as a going concern. ~~Our opinion is~~Management's plans in regard to these matters are also described in Note 2. The financial statements do not ~~modified with respect to~~include any adjustments that ~~matter.~~

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

	For the Years Ended						For the Year Ended
	August31,			August 31,			August31,			August 31,
	2018			2017			2020			2019

REVENUES	$	25,766		$	26,000
COST OF GOODS SOLD		13,511			6,030
GROSS PROFIT		12,255			19,970
REVENUES, NET OF FEES							$	794		$	2,774

OPERATING EXPENSES
General and administrative	$	58,568		$	22,068		$	40,414		$	35,632
Total Operating Expenses		58,568			22,068			40,414			35,632

LOSS FROM OPERATIONS		(46,313	)		(2,098	)
OTHER EXPENSES
Interest expense								93,501			-
								93,501			-

Loss Before Income Taxes								(133,121	)		(32,858	)
Provision for Income Taxes		-			-			-			-

NET LOSS	$	(46,313	)	$	(2,098	)	$	(133,121	)	$	(32,858	)

Loss per Common Share - Basic and Diluted	$	(0.01	)		(0.00	)
Net loss per share: Basic and Diluted							$	(1.65	)		(0.41	)
Weighted Average Common Shares Outstanding - Basic and Diluted		4,836,158			4,174,597			80,616			80,616

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

	For the Years Ended						For the Year Ended
	August 31,			August 31,			August 31,			August 31,
	2018			2017			2020			2019

CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(46,313	)	$	(2,098	)	$	(133,121	)	$	(32,858	)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation		2,081			954
Note Discount Amortization								80,086			-
Changes in operating assets and liabilities:
Prepaid expenses		5,321			(8,303	)
Inventory		12,877			(12,908	)
Accounts receivable								478			(478	)
Accounts payable and accrued liabilities		13,181			-			3,450			(8,527	)
Customer deposits		1,700			-
Accrued interest								13,413			-
Net cash used in operating activities		(11,153	)		(22,355	)		(35,694	)		(41,863	)

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of equipment and furniture		-			(10,585	)
Net cash used in investing activities		-			(10,585	)
Acquisition (Disposal) of net cash from No Tie LLC								-			53
Net cash provided by investing activities								-			53

CASH FLOWS FROM FINANCING ACTIVITIES
Net advances from director		6,632			20,600
Proceeds from sale of common stock		500			15,780
Advancement from director								-			43,658
Proceeds from issuance of convertible note								33,846			-
Net cash provided by financing activities		7,132			36,380			33,846			43,658

Net increase (decrease) in cash and cash equivalents		(4,021	)		3,440
Net changes in cash and cash equivalents								(1,848	)		1,848
Cash and cash equivalents - beginning of period		4,021			581			1,848			-
Cash and cash equivalents - end of period	$	-		$	4,021		$	-		$	1,848

Supplemental Cash Flow Disclosures
Cash paid for interest	$	-		$	-		$	-		$	-
Cash paid for income taxes	$	-		$	-		$	-		$	-

Non-Cash Investing and Financing Activity:
Transfer of net liabilities upon change of control	$	14,960		$	-
Note Beneficial Conversion Feature							$	80,086		$	-

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

~~Kalmin Corp.~~Nanovation Microtech, Inc. (“the ~~Company“~~Company”) was incorporated on July 20, 2016 in the State of Nevada. ~~The Company previously manufactured and sold the necessary equipment for drinking mate - kalabas and bombilla.~~

On May 4, 2018, as a result of a private transaction, the control block of voting stock of the Company, represented by 4,000,000 shares of common stock, was transferred from Jose Maria Galarza Gaona to Greenfields International Limited, and a change of control of Kalmin Corp. has occurred.

Upon the change of control of the Company, the existing directors and officers resigned immediately. Accordingly, Jose Maria Galarza Gaona, serving as director and President and Karel Astride Oulai, serving as Treasurer and Secretary, ceased to be the Company’s officers and directors. At the effective date of the transfer, ~~Teddy Chen An,~~Xie Qi Kang, age 36, assumed the role of director and Chief Executive Officer, President, Secretary and Treasurer of the Company.

From inception until May 4, 2018, the Company manufactured and sold the necessary equipment for drinking mate – kalabas and bombilla. With the change of control on May 4, 2018, management determined it was in the best interest of the Company to seek new business opportunities.

On December 1, 2018, the Company entered into a Share Sale and Purchase Agreement (the “Agreement”) with No Tie LLC (“No Tie”). Under the terms of the Agreement, the Company have agreed to purchase all of the issued and outstanding shares of No Tie and its mobile application assets for a purchase price of $37,500 (the “Acquisition”).

In connection with the Agreement, the Company assumed certain ongoing responsibilities of No Tie, including maintaining Apple developer licenses and domain name registration and hosting.

The Acquisition closed on January 25, 2019. At closing, No Tie became a subsidiary of our company.

On June 15, 2020, the Company approved the name change and a 60:1 reverse stock split which was approved by FINRA and effective July 15, 2020.

Upon closing of the Acquisition, the Company is ~~currently evaluating its future strategic~~now an App business ~~plans.~~with 120+ Apps primarily for iPhone, iPad and Apple.

The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States (“~~GAAP“~~GAAP”), which contemplate continuation of the Company as a going concern. ~~However, the~~The Company ~~had $25,766 revenues for~~incurred an operating loss of $133,121 during the year ended August 31, ~~2018; but incurred a net loss~~2020 and has accumulated deficit of ~~$46,313.~~$245,812 from continued operations and retained earnings of $29,190 from discontinued operations as of August 31, 2020. The Company has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time. Therefore, there is substantial doubt about the Company’s ability to continue as a going concern. Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses. The Company intends to position itself so that it will be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors to become financially viable and continue as a going concern. These financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

The Company’s financial statements have been prepared in conformity with GAAP and are expressed in U.S. dollars. The Company’s fiscal year-end is August 31 ~~2018.~~^st.

The accompanying consolidated financial statements include all of the accounts of the Company and its wholly owned subsidiary, No Tie, LLC. All significant intercompany accounts and transactions have been eliminated.

Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported consolidated net (loss).

All of the cash is maintained with the Bank of America, one of the major financial institutions in the United States. Deposits with this bank may exceed the amount of insurance provided on such deposits. Generally, these deposits may be redeemed on demand and, therefore, bear minimal risk. The Company considers all highly liquid ~~investments~~instruments purchased with ~~the~~an original ~~maturities~~maturity of three months or less ~~at the date of acquisition~~ to be cash equivalents.

The preparation of financial statements in conformity with GAAP 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 of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Inventories are stated at the lower of cost or market. Cost is principally determined using the first-in, first out (“FIFO“) method. Inventory of $31 was transferred upon the change of control of the Company on May 4, 2018, as the assets were returned to the previous owner.

The Company records depreciation and amortization when appropriate using the straight-line method over the assets estimated useful life of five years. Expenditures for maintenance and repairs are charged to expense as incurred. Additions, major renewals and replacements that increase the property’s useful life are capitalized. Property sold or retired, together with the related accumulated depreciation is removed from the appropriate accounts and the resulting gain or loss is included in net income. During the years ended August 31, 2018 and 2017, the depreciation expense was $2,081 and $954, respectively. Property and Equipment of $12,573 was transferred upon the change of control of the Company on May 4, 2018, as the assets were returned to the previous owner.

~~The carrying value of cash and the Company’s loan from shareholder approximates its fair value due to their short-term maturity.~~

Advertising expenses consisted of marketing expenses and promotional activity expenses, and are recognized when incurred. Total advertising expense was $4,600 and $6,900 for the years ended August 31, 2018 and 2017, respectively.

The Company recognizes revenue from the sale of products and services in accordance with ~~ASC 605,~~Accounting Standards Codification (“ASC”) 606, Revenue ~~Recognition~~from Contracts with Customers, using the following ~~the five steps~~five-step procedure:

The Company recognizes revenue when it satisfies its obligation by transferring control of the good or service to the customer. A performance obligation is satisfied over time if one of the following criteria are met:

The Company’s sales are completed through an online platforms by third parties. The Company receives collection on payments either at the time of sale, or 30 or 60 days subsequent to the sale.

~~Earnings (Loss) Per Share~~For products and services where collection is immediate, the Company recognizes revenue at the time of sale.

Basic loss per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive. As of August 31, 2018 and 2017, there were no potentially dilutive debt or equity instruments issued or outstanding.Accounts Receivable

~~Income Taxes~~The Company records accounts receivable in accordance with ASC 310, “Receivables.” Receivables consist of mobile application sales that have been made, but cash has not yet been received. The terms of receivables are typically 60 days after sale.

The Company accounts for income taxes pursuant to ASC 740, Income Taxes. Deferred tax assets and liabilities are ~~recognized~~recorded for ~~the future tax consequences attributable to~~ differences between the ~~consolidated~~ financial statements ~~carrying amounts~~and tax basis of ~~existing~~the assets and liabilities that will result in taxable or deductible amounts in the future based on enacted tax laws and ~~their respective tax basis. Deferred~~rates. Valuation allowances are established when necessary to reduce 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~~amount expected to be ~~recovered~~realized. Income tax expense is recorded for the amount of income tax payable or ~~settled. The effect on~~refundable for the period increased or decreased by the change in deferred tax assets and liabilities during the period. (see Note 6)

Net loss per share is calculated in accordance with Codification topic 260, “Earnings Per Share” for the periods presented. Basic net loss per share is computed using the weighted average number of ~~a change in tax rates~~common shares outstanding. Diluted loss per share has not been presented because there are no dilutive items. Diluted net loss per share is ~~recognized in income in~~based on the assumption that all dilutive stock options, warrants, and convertible debt are converted or exercised by applying the treasury stock method. Under this method, options and warrants are assumed exercised at the beginning of the period (or at the ~~enactment occurs. A valuation allowance is provided for certain deferred tax assets~~time of issuance, if ~~it is more likely than~~later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. Options, warrants and/or convertible debt will have a dilutive effect, during periods of net profit, only when the average market price of the common stock during the period exceeds the exercise or conversion price of the items. The Company has not issued any options or warrants or similar securities since inception.

For the year ended August 31, 2020 and August 31, 2019, respectively, the following convertible notes were excluded from the computation of diluted net loss per shares as the result of the computation was anti-dilutive:

Management has considered all recent accounting pronouncements issued. The Company’s management believes that ~~the Company~~these recent pronouncements will not ~~realize tax assets through future operations (see Note 6).~~have a material effect on the Company’s financial statements.

~~The Company’s reporting and functional currencies are both the U.S. dollar. Foreign currency transaction gains and losses are included in other income (expense).~~

The Company will adopt Accounting Standard Update (“ASU“) 2014-09, “Revenue from Contracts with Customers (Topic 606)“ as of September 1, 2018. ASU 2014-09 will replace most existing revenue recognition guidance in US GAAP when it becomes effective. Management has evaluated the impact of the Company’s adoption of ASU 2014-09 on its financial statements and does not expect the new standard to have a significant impact on its financial position, results of operations and related disclosures. To make this determination, management has identified the contract with its customer, identified the performance obligations, determined the transaction price, allocated the transaction price to the performance obligations in the contract, and recognized revenue when the Company satisfies the performance obligation.

On December 1, 2019, the Company issued a convertible note to an un-affiliated party of $68,813 to replace the full amount of related party advances that had been provided to the Company. The convertible notes are due on demand, bear interest at 25% per annum and are convertible at $0.001 per share for the Company common stock. The discount on convertible notes from beneficial conversion feature of $68,813 was fully amortized during the nine ended May 31, 2020.

On May ~~4, 2018, as~~31, 2020, the Company issued a ~~result~~convertible note to an un-affiliated party of $4,230 for paying operating expenses on behalf of the ~~change~~Company. The convertible notes are due on demand, bear interest at 25% per annum and are convertible at $0.001 per share for the Company common stock. The discount on convertible notes from beneficial conversion feature of ~~control~~$4,230 was fully amortized during the year ended August 31, 2020.

On August 31, 2020, the Company issued a convertible note to an un-affiliated party of $7,043 for paying operating expenses on behalf of the ~~Company,~~Company. The convertible notes are due on demand, bear interest at 25% per annum and are convertible at $0.001 per share for the Company ~~transferred all~~common stock. The discount on convertible notes from beneficial conversion feature of ~~its assets and liabilities to its former director summarized as follows:~~$7,043 was fully amortized during the year ended August 31, 2020.

Net Liabilities Transferred

Inventory

$ 31

Property and equipment, net of accumulated depreciation

12,572

Accounts payable and accrued liabilities

(360 )
Customer deposits

(1,700 )
Advances from director

(25,503 )

$ (14,960 )

~~In July 2016,~~ As of August 31, 2020, the Company ~~executed an agreement with the President to loan the Company an amount not more than $25,000. This advance was unsecured, non-interest bearing~~owed convertible note payable of $80,086 and ~~due on demand.~~accrued interest of $13,413. During the year ended August 31, ~~2018, the Company’s President advanced $13,232 to~~2020, the Company incurred interest expense of $13,413 and ~~the~~amortization of note discount of $80,086.

The Company has ~~made~~authorized seventy-five million (75,000,000) shares of common stock with a ~~$6,600 repayment to him.~~par value of $0.001.

On June 15, 2020, a majority of our stockholders and our board of directors approved a reverse stock split of our issued and outstanding shares of common stock on a sixty (60) old for one (1) new basis. The reverse stock split became effective on July 15, 2020. The reverse stock split has been retrospectively reflected in the financial statements for the year ended August 31, 2020.

As of August 31, 2020, and 2019, 80,616 shares of common stock were issued and outstanding.

The Company provides for income taxes under ASC 740, Income Taxes. Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax basis of assets and liabilities and the tax rates in effect when these differences are expected to reverse. 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.

On December 22, 2017, the United States enacted the Tax Cuts and Jobs Act (the ~~“Act“~~“Act”) resulting in significant modifications to existing law. The Company has considered the accounting impact of the effects of the Act during the year ended August 31, 2018 including a reduction in the corporate tax rate from 34% to 21% among other changes.

The components of the Company’s deferred tax asset and reconciliation of income taxes computed at the new statutory rate of 21% to the income tax amount recorded as of August 31, ~~2018~~2020 and ~~August 31, 2017~~2019 are as follows:

~~The change in the valuation allowance during the years ended August 31, 2018 and 2017 was $9,163 and $713, respectively.~~

As of August 31, ~~2018,~~2020, the Company had ~~$50,643 in~~$216,622 of the U.S. net operating losses ~~(“NOLs“~~(the “U.S. NOLs”) ~~that may be available to offset future taxable income,~~, which begin to expire between 2036 and 2038. NOLs generated in ~~2036.~~ tax years prior to August 31, 2018, can be carried forward for twenty years, whereas NOLs generated after August 31, 2018 can be carried forward indefinitely.

In accordance with Section 382 of the U.S. Internal Revenue ~~Code. The~~Code, the usage of the Company’s net operating loss carry forwards is subject to annual limitations following greater than 50% ownership changes. Tax returns for the years ended 2016 through ~~2018~~2020 are subject to review by the tax authorities.

~~The changes in deferred tax assets related to the changes in tax rates are as follows:~~

Management has evaluated subsequent events through the date these financial statements were available to be issued. Based on our evaluation no material events have occurred that require disclosure.

~~None.~~From October 24, 2017 through January 29, 2019, there were no disagreements (as defined in Item 304 of Regulation S-K) with Accell on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Accell would have caused it to make reference in connection with its opinion to the subject matter of the disagreement. Further, during the period of October 24, 2017 through January 29, 2019, there were no reportable events (as defined in Item 304(a)(1)(v) of Regulation S-K).

~~Item 9A. Controls and Procedures~~On January 29, 2019, we engaged BF Borgers CPA PC, Certified Public Accountants (“Borgers”), an independent registered public accounting firm, as our principal independent accountant with the approval of our board of directors.

Management’s Report on Internal Controls over Financial Disclosure Controls and Procedures

Management is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Exchange Act Rule 13a-15(f)). Our company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. Under the supervision and with the participation of management, including our Chief Executive Officer, our company conducted an evaluation of the effectiveness of our company’s internal control over financial reporting as of August 31, ~~2018~~2020 using the criteria established in “Internal Control - Integrated ~~Framework“~~Framework” issued by the Committee of Sponsoring Organizations of the Treadway Commission (“~~COSO“~~COSO”).

A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of our company’s annual or interim financial statements will not be prevented or detected on a timely basis. In its assessment of the effectiveness of internal control over financial reporting as of August 31, ~~2018,~~2020, our company determined that there were control deficiencies that constituted material weaknesses, as described below.

	1.	We do not have an Audit Committee – While not being legally obligated to have an audit committee, it is the management’s view that such a committee, including a financial expert member, is an utmost important entity level control over our company’s financial statement. Currently our Board of Directors acts in the capacity of the Audit Committee, and does not include a member that is considered to be independent of management to provide the necessary oversight over management’s activities.

	2.
	2.	We did not maintain appropriate cash controls – As of August 31, ~~2018,~~2020, our company has not maintained sufficient internal controls over financial reporting for the cash process, including failure to segregate cash handling and accounting functions, and did not require dual signature on our company’s bank accounts. Alternatively, the effects of poor cash controls were mitigated by the fact that our company had limited transactions in their bank accounts.

	3.
	3.	We did not implement appropriate information technology controls – As at August 31, ~~2018,~~2020, our company retains copies of all financial data and material agreements; however there is no formal procedure or evidence of normal backup of our company’s data or off-site storage of data in the event of theft, misplacement, or loss due to unmitigated factors.

Accordingly, our company concluded that these control deficiencies resulted in a reasonable possibility that a material misstatement of the annual or interim financial statements will not be prevented or detected on a timely basis by the company’s internal controls.

As a result of the material weaknesses described above, management has concluded that our company did not maintain effective internal control over financial reporting as of August 31, ~~2018~~2020 based on criteria established in Internal Control- Integrated Framework issued by COSO.

Our management is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer’s management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

An evaluation was conducted under the supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures as of August 31, ~~2018.~~2020. Based on that evaluation, our management concluded that our disclosure controls and procedures were not effective as of such date to ensure that information required to be disclosed in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms.

There was no change in our company’s internal control over financial reporting during the quarterly period covered by this report that has materially affected, or is reasonably likely to materially affect, our company’s internal control over financial reporting.

~~None.~~Except as provided above, there is no information to be disclosed in a report on Form 8-K during the fourth quarter of the year covered by this Form 10-K that has not been previously filed with the Securities and Exchange Commission.

~~All directors~~The Company:The following individuals are current members of our ~~company hold office until the next annual meeting~~Board of Directors and executive officers; all of the ~~security holders~~members of the Board are appointed until their respective successor is elected or until their successors have been elected and qualified. The officers of our company are appointed by our board of directors and hold office until their death, resignation or removal from office. Our directors and executive officers, their ages, positions held, and duration as such, are as follows:resignation.

~~The following is a brief account~~(c) Identification of the education and business experience during at least the past five years of each director, executive officer and key employee of our company, indicating the person’s principal occupation during that period, and the name and principal business of the organization in which such occupation and employment were carried out.

~~Teddy Chen An – President, Chief Executive Officer, Secretary, Treasurer and Director~~

Teddy Chen An graduated from Guangzhou University with a Master’s Degree in Financial Management in 2006 and also has a Bachelor of Science in Finance Management form Jinan University in 2004. He has experience in numerous accounting and financial management positions in a variety of different companies. He started his career as a finance executive in Guangzhou Elsca Trade Co Ltd for 5 years from 2006 to 2011, then moving on to Mingzhi Accounting and Tax Consultation as a senior auditor from 2011 to 2015. He last served as the Finance Director of Rich International, a leading Apparel & Fashion export company based in China from 2015 - 2018.certain significant employees.

Our company ~~believes that Mr. An’s professional background experience gives him the qualifications~~currently does not have any significant employees.

Xie Qi Kang– Chief Executive Officer, President, Secretary, Treasurer and ~~skills necessary to serve~~Director

Xie Qi Kang graduated in 1974 from Jiangsu University with a Master Degree in Finance. Since then he has worked as a Vice President of Business Affairs at Lingma Plastic Machinery Co., Ltd, as well as a senior assistant director, ~~and officer~~financial operations at Zhejiang Poney Electric Co., Ltd. On 2005 he was employed by Hangzhou Taiyi Technology Co., Ltd, to be a Finance Manager. He was later employed in 2010 to 2017 to be a senior director of ~~our company.~~a finance division at Hangzhou Xingxi Technology Co., Ltd.

~~We have no formal employment agreements with any of our directors or officers.~~

~~There are no family relationships between any of our directors, executive officers and proposed directors or executive officers.~~

To the best of our knowledge, none of our directors or executive officers has, during the past ten years:

1.	1.	been convicted in a criminal proceeding or been subject to a pending criminal proceeding (excluding traffic violations and other minor offences);

2.	2.	had any bankruptcy petition filed by or against the business or property of the person, or of any partnership, corporation or business association of which he was a general partner or executive officer, either at the time of the bankruptcy filing or within two years prior to that time;

3.	3.	been subject to any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction or federal or state authority, permanently or temporarily enjoining, barring, suspending or otherwise limiting, his involvement in any type of business, securities, futures, commodities, investment, banking, savings and loan, or insurance activities, or to be associated with persons engaged in any such activity;

4.	4.	been found by a court of competent jurisdiction in a civil action or by the SEC or the Commodity Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended, or vacated;

5.	5.	been the subject of, or a party to, any federal or state judicial or administrative order, judgment, decree, or finding, not subsequently reversed, suspended or vacated (not including any settlement of a civil proceeding among private litigants), relating to an alleged violation of any federal or state securities or commodities law or regulation, any law or regulation respecting financial institutions or insurance companies including, but not limited to, a temporary or permanent injunction, order of disgorgement or restitution, civil money penalty or temporary or permanent cease-and-desist order, or removal or prohibition order, or any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or

6.	6.	been the subject of, or a party to, any sanction or order, not subsequently reversed, suspended or vacated, of any self-regulatory organization (as defined in Section 3(a)(26) of the Exchange Act (15 U.S.C. 78c(a)(26)), any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange Act (7 U.S.C. 1(a)(29)), or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member.

~~Our common stock is not registered pursuant to Section 12~~16(a) of the Securities Exchange Act of 1934, as amended, ~~(the “Exchange Act“). Accordingly,~~requires our executive officers and directors and persons who own more than 10% of a registered class of our equity securities ~~are not subject~~ to file with the SEC initial statements of beneficial ownership, ~~reporting requirements~~reports of changes in ownership and annual reports concerning their ownership of our shares of common stock and other equity securities, on Forms 3, 4 and 5, respectively. Executive officers, directors and greater than 10% shareholders are required by the SEC regulations to furnish us with copies of all Section ~~16(1)~~16(a) reports they file.

Based solely on our review of the ~~Exchange Act.~~copies of such forms received by our company, or written representations from certain reporting persons that no Form 5s were required for those persons, we believe that, during the fiscal year ended August 31, 2020, all filing requirements applicable to our officers, directors and greater than 10% beneficial owners as well as our officers, directors and greater than 10% beneficial owners of our subsidiaries were complied with.

We ~~have~~do not ~~adopted~~currently have a Code of ~~Business Conduct~~Ethics in place for the Company. Our business operations are not complex and ~~Ethics.~~are very limited. Our company seeks advice and counsel from outside experts such as our lawyers and accountants on matters relating to corporate governance and financial reporting.

Our board of directors held no formal meetings during the year ended August 31, ~~2018.~~2020. All proceedings of the board of directors were conducted by resolutions consented to in writing by all the directors and filed with the minutes of the proceedings of the directors. Such resolutions consented to in writing by the directors entitled to vote on that resolution at a meeting of the directors are, according to the Colorado Revised Statutes and our Bylaws, as valid and effective as if they had been passed at a meeting of the directors duly called and held.

As of August 31, ~~2018,~~2020, we did not effect any material changes to the procedures by which our shareholders ~~August~~may recommend nominees to our board of directors. Our board of directors does not have a policy with regards to the consideration of any director candidates recommended by our shareholders. Our board of directors has determined that it is in the best position to evaluate our company’s requirements as well as the qualifications of each candidate when the board considers a nominee for a position on our board of directors. If shareholders wish to recommend candidates directly to our board, they may do so by sending communications to the president of our company at the address on the cover of this annual report.

Currently our audit committee consists of our entire board of directors. We do not have a standing audit committee as we currently have limited working capital and minimal revenues. Should we be able to raise sufficient funding to execute our business plan, we will form an audit, compensation committee and other applicable committees utilizing our directors’ expertise.

Currently our audit committee consists of our entire board of directors. We do not currently have a director who is qualified to act as the head of the audit committee.

	(a)	our principal executive officer;

	(b)	each of our two most highly compensated executive officers who were serving as executive officers at the end of the years ended August 31, ~~2018~~2020 and ~~2017;~~2019; and

	(c)	up to two additional individuals for whom disclosure would have been provided under (b) but for the fact that the individual was not serving as our executive officer at the end of the years ended August 31, ~~2018~~2020 and ~~2017,~~2019, who we will collectively refer to as the named executive officers of our company, are set out in the following summary compensation table, except that no disclosure is provided for any named executive officer, other than our principal executive officers, whose total compensation did not exceed $100,000 for the respective fiscal year:

~~(1)~~	Teddy Chen An was appointed President, Chief ~~Financial~~Executive Officer, Secretary, Treasurer and ~~Treasurer~~director on May 4, ~~2018.~~
~~(2)~~	~~Jose Mari Galarza Gaona was appointed President and Director on July 20, 2016 and resigned all positions on May 4, 2018.~~
~~(3)~~	~~Karel Astride Oulai was appointed Secretary and Treasurer on September 14,~~ 2018 and resigned ~~all positions~~ on ~~May 4, 2018.~~January 25, 2019.

There are no arrangements or plans in which we provide pension, retirement or similar benefits for directors or executive officers. Our directors and executive officers may receive share options at the discretion of our board of directors in the future. We do not have any material bonus or profit sharing plans pursuant to which cash or non-cash compensation is or may be paid to our directors or executive officers, except that share options may be granted at the discretion of our board of directors.

~~During the fiscal year ended August 31, 2018 we did not grant any stock options.~~

~~During our fiscal year ended August 31, 2018 there were no options exercised by our named officers.~~

We do not have any agreements for compensating our directors for their services in their capacity as directors, although such directors are expected in the future to receive stock options to purchase shares of our common stock as awarded by our board of directors.

There are no arrangements or plans in which we provide pension, retirement or similar benefits for directors or executive officers. We have no material bonus or profit sharing plans pursuant to which cash or non-cash compensation is or may be paid to our directors or executive officers, except that stock options may be granted at the discretion of the board of directors or a committee thereof.

~~Indebtedness of Directors, Senior Officers, Executive Officers and Other Management~~

None of our directors or executive officers or any associate or affiliate of our company during the last two fiscal years, is or has been indebted to our company by way of guarantee, support agreement, letter of credit or other similar agreement or understanding currently outstanding.

The following table sets forth ~~as of November 28, 2018,~~ certain information ~~with respect to~~concerning the ~~beneficial ownership~~number of shares of our common ~~and preferred shares by~~stock owned beneficially as of December 8, 2020 by: (i) each ~~shareholder~~person (including any group) known byto us to ~~be the beneficial owner of~~own more than 5%five percent (5%) of any class of our ~~common and preferred shares, as well as by each~~voting securities, (ii) members of our ~~current directors~~Board of Directors, and or (iii) our executive ~~officers as a group. Each person has~~officers. Unless otherwise indicated, the stockholder listed possesses sole voting and investment power with respect to the shares ~~of common and preferred stock, except as otherwise indicated. Beneficial ownership consists of a direct interest in the shares of common and preferred stock, except as otherwise indicated.~~shown.

~~(1)~~

~~Under Rule 13d-3, a~~A beneficial owner of a security includes any person who, directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise has or shares: (i) voting power, which includes the power to vote, or to direct the voting of shares; and (ii) investment power, which includes the power to dispose or direct the disposition of shares. Certain shares may be deemed to be beneficially owned by more than one person (if, for example, persons share the power to vote or the power to dispose of the shares). In addition, shares are deemed to be beneficially owned by a person if the person has the right to acquire the shares (for example, upon exercise of an option) within 60 days of the date as of which the information is provided. In computing the percentage ownership of any person, the amount of shares outstanding is deemed to include the amount of shares beneficially owned by such person (and only such person) by reason of these acquisition rights. As a result, the percentage of outstanding shares of any person as shown in this table does not necessarily reflect the person’s actual ownership or voting power with respect to the number of shares of common stock actually outstanding on ~~November 28, 2018.~~December 8, 2020. As of ~~November 28, 2018~~December 8, 2020, there were ~~4,836,500~~80,616 shares of our ~~company’s~~ common stock issued and outstanding.

Our company has not adopted any equity compensation plans and does not anticipate adopting any equity compensation plans in the near future. Notwithstanding the foregoing, because the company has limited cash resources at this time, it may issue shares or options to or enter into obligations that are convertible into shares of common stock with its employees and consultants as payment for services or as discretionary bonuses. The company does not have any arrangements for such issuances or arrangements at this time.

We are unaware of any contract or other arrangement or provisions of our Articles or Bylaws the operation of which may at a subsequent date result in a change of control of our company. There are not any provisions in our Articles or Bylaws, the operation of which would delay, defer, or prevent a change in control of our company.

~~Except as disclosed herein, no~~No director, executive officer, shareholder holding at least 5% of shares of our common stock, or any family member thereof, had any material interest, direct or indirect, in any transaction, or proposed transaction since the year ended August 31, ~~2018,~~2020, in which the amount involved in the transaction exceeded or exceeds the lesser of $120,000 or one percent of the average of our total assets at the year-end for the last three completed fiscal years.

We currently act with one director, consisting of Teddy Chen An. We have determined that none of our directors is an independent director, as that term is used in Rule 4200(a)(15) of the Rules of National Association of Securities Dealers.

Currently our audit committee consists of our entire board of directors. We currently do not have nominating, compensation committees or committees performing similar functions. There has not been any defined policy or procedure requirements for shareholders to submit recommendations or nomination for directors.

From inception to present date, we believe that the members of our audit committee and the board of directors have been and are collectively capable of analyzing and evaluating our financial statements and understanding internal controls and procedures for financial reporting.

The aggregate fees billed for the most recently completed fiscal year ended August 31, ~~2018~~2020 and for fiscal year ended August 31, ~~2017~~2019 for professional services rendered by the principal accountant for the audit of our annual financial statements and review of the financial statements included in our quarterly reports on Form 10-Q and services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for these fiscal periods were as follows:

	Year Ended
Fee Category					Year Ended August 31, 2020		Year Ended August 31, 2019
	August 31, 2018		August 31, 2017
Audit Fees	$	15,000	$	17,000	$	27,540	$	17,810
Audit Related Fees	$	Nil	$	Nil
Audit-Related Fees						-		-
Tax Fees	Nil		Nil			-		-
All Other Fees	Nil		Nil			-		-
Total	$	15,000	$	17,000
Total Fees					$	27,540	$	17,810

Our board of directors pre-approves all services provided by our independent auditors. All of the above services and fees were reviewed and approved by the board of directors either before or after the respective services were rendered.Audit committee policies & procedures

~~Our board of directors has considered the nature and amount of fees billed~~We do not currently have a standing audit committee. The above services were approved by our ~~independent auditors and believes that the provision~~Board of ~~services for activities unrelated to the audit is compatible with maintaining our independent auditors’ independence.~~Directors.

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

~~8 The Green, Suite #5140, Dover DE~~Osterbrogade 226 st. tv, Copenhagen Denmark		~~19901~~2100
(Address of principal executive offices)		(Zip Code)

Title of ~~Each Class~~each class	Trading Symbol(s)	Name of ~~Each Exchange On Which Registered~~each exchange on which registered
~~N/A~~None	None	~~N/A~~None

~~Item 1.~~		~~Business~~PART I		34
~~Item 1B.~~ITEM 1.	~~Unresolved Staff Comments~~ BUSINESS		54
~~Item 2.~~ITEM 1A.	~~Properties~~RISK FACTORS		57
~~Item 3.~~ITEM 1B.	~~Legal Proceedings~~UNRESOLVED STAFF COMMENTS		518
~~Item 4.~~ITEM 2.	~~Mine Safety Disclosures~~PROPERTIES		518
~~Item 5.~~ITEM 3.	~~Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities~~LEGAL PROCEEDINGS		518
~~Item 6.~~ITEM 4.	~~Selected Financial Data~~MINE SAFETY DISCLOSURES		618
~~Item 7.~~		~~Management’s Discussion and Analysis of Financial Condition and Results of Operations~~		6
~~Item 7A.~~	~~Quantitative and Qualitative Disclosures About Market Risk~~		9
~~Item 8.~~	~~Financial Statements and Supplementary Data~~		10
~~Item 9.~~	~~Changes in and Disagreements With Accountants on Accounting and Financial Disclosure~~		19
~~Item 9A.~~	~~Controls and Procedures~~PART II		19
~~Item 9B.~~ITEM 5.	~~Other Information~~MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES		19
ITEM 6.	SELECTED FINANCIAL DATA		19
ITEM 7.	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS		20
~~Item 10.~~ITEM 7A.	~~Directors, Executive Officers and Corporate Governance~~QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK		2122
~~Item 11.~~ITEM 8.	~~Executive Compensation~~FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA		23
~~Item 12.~~ITEM 9.	~~Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters~~CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE		2533
~~Item 13.~~ITEM 9A.	~~Certain Relationships and Related Transactions, and Director Independence~~CONTROLS AND PROCEDURES		2633
~~Item 14.~~ITEM 9B.	~~Principal Accounting Fees and Services~~OTHER INFORMATION		2634
~~Item 15.~~		~~Exhibits, Financial Statement Schedules~~PART III		2735
ITEM 10.	DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE		35
ITEM 11.	EXECUTIVE COMPENSATION		37
ITEM 12.	SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS		38
ITEM 13.	CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE		38
ITEM 14.	PRINCIPAL ACCOUNTING FEES AND SERVICES		39
PART IV			40
ITEM 15.	EXHIBITS, FINANCIAL STATEMENT SCHEDULES		40
ITEM 16.	FORM 10-K SUMMARY		40
SIGNATURES			41

	·	Apple discontinues or limits access to its platform by us and other app developers;
	·	Apple removes one of our revenue-producing Apps from their store;
	·	Apple modifies its terms of service or other policies, including fees charged to, or other restrictions on, us or other application developers, or change how the personal information of its users is made available to application developers on the their platform or shared by users from Apple’s strong brand recognition and large user base.

	·	changes in consumer demographics and public tastes and preferences;
	·	the availability and popularity of other forms of entertainment;
	·	the worldwide growth of personal computer, broadband internet and mobile device users, and the rate of any such growth; and
	·	general economic conditions, particularly economic conditions adversely affecting discretionary consumer spending.

	1.	The last day of the fiscal year of the issuer during which it had total annual gross revenues of $1,000,000,000 (as such amount is indexed for inflation every 5 years by the Commission to reflect the change in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics, setting the threshold to the nearest 1,000,000) or more;

	2.	The last day of the fiscal year of the issuer following the fifth anniversary of the date of the first sale of common equity securities of the issuer pursuant to an effective IPO registration statement;

	3.	The date on which such issuer has, during the previous 3-year period, issued more than $1,000,000,000 in non- convertible debt; or

	4.	The date on which such issuer is deemed to be a ‘large accelerated filer’, as defined in section 240.12b-2 of title 46, Code of Federal Regulations, or any successor thereto.

	·	anticipate and effectively respond to changing app interests and preferences;
	·	anticipate or respond to changes in the competitive landscape;
	·	anticipate or respond to changes in the competitive landscape;
	·	effectively market new apps and enhancements to our existing users and new users;
	·	minimize launch delays and cost overruns on new apps; and
	·	minimize downtime and other technical difficulties.

	·	cease making, selling, offering for sale or using technologies that incorporate the challenged intellectual property;
	·	make substantial payments for legal fees, settlement payments or other costs or damages;
	·	obtain a license, which may not be available on reasonable terms, to sell or use the relevant technology; or
	·	redesign technology to avoid infringement.

OTC Markets
Quarter Ended	High			Low
August 31, 2018		11.00			2.00
May 31, 2018		2.00			0.02
February 28, 2018		0.02			0.02
November 30, 2017		0.02	⁽¹⁾		0.02	⁽¹⁾

	August 31, 2018			August 31, 2017

ASSETS
Current Assets
Cash and cash equivalents	$	-		$	4,021
Prepaid expenses		-			10,343
Inventory		-			12,908
Total Current Assets		-			27,272
Property and equipment, net of accumulated depreciation		-			9,631
TOTAL ASSETS	$	-		$	36,903

LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
Current Liabilities
Accounts payable and accrued liabilities	$	12,821		$	-
Advances from director		2,582			21,453
TOTAL LIABILITIES		15,403			21,453

STOCKHOLDERS’ (DEFICIT) EQUITY
Common stock, par value $0.001 per share, 75,000,000 shares authorized, 4,836,500 and 4,811,500 shares issued and outstanding, respectively		4,836			4,811
Additional paid-in capital		30,404			14,969
Accumulated deficit		(50,643	)		(4,330	)
Total stockholders’ (deficit) equity		(15,403	)		15,450
TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY	$	-		$	36,903


	Common Stock				Additional
	Number of Shares		Amount		Paid-in Capital		Accumulated Deficit			Total

Balance - August 31, 2016		4,000,000	$	4,000	$	-	$	(2,232	)	$	1,768
Common shares issued for cash		811,500		811		14,969		-			15,780
Net loss		-		-		-		(2,098	)		(2,098	)
Balance - August 31, 2017		4,811,500	$	4,811	$	14,969	$	(4,330	)	$	15,450
Common shares issued for cash		25,000		25		475		-			500
Transfer of net liabilities upon change of control		-		-		14,960		-			14,960
Net loss		-		-		-		(46,313	)		(46,313	)
Balance - Aug 31, 2018		4,836,500	$	4,836	$	30,404	$	(50,643	)	$	(15,403	)

								Retained
								Earnings
	Common Stock				Additional			from
	Number of Shares		Amount		Paid-in Capital			Discontinued Operations		Accumulated Deficit			Total

*Balance - August 31, 2018		80,616	$	81	$	35,159		$	29,190	$	(79,833	)	$	(15,403	)
Acquisition of net assets		-		-		(4,303	)		-		-			(4,303	)
Net loss		-		-		-			-		(32,858	)		(32,858	)
*Balance - August 31, 2019		80,616	$	81	$	30,856		$	29,190	$	(112,691	)	$	(52,564	)
Note Beneficial Conversion Feature		-		-		80,086			-		-			80,086
Net loss		-		-		-			-		(133,121	)		(133,121	)
Balance - August 31, 2020		80,616	$	81	$	110,942		$	29,190	$	(245,812	)	$	(105,599	)

	August 31, 2018		August 31, 2017
Machinery and equipment	$	-	$	6,700
Furniture		-		3,885
Less: accumulated amortization		-		(954	)
Net property and equipment	$	-	$	9,631

	a.	the customer simultaneously receives and consumes the benefits as the entity performs;

	b.	the entity’s performance creates or enhances an asset that the customer controls as the asset is created or enhanced; or

	c.	the entity’s performance does not create an asset with an alternative use to the entity, and the entity has an enforceable right to payment for performance completed to date.

Net Liabilities Transferred
Inventory	$	31
Property and equipment, net of accumulated depreciation		12,572
Accounts payable and accrued liabilities		(360	)
Customer deposits		(1,700	)
Advances from director		(25,503	)
	$	(14,960	)

	Tax Rate at 21%		Tax Rate at 34%		Changes

Year Ended August 31, 2017	$	441	$	713	$	(273	)
Year Ended August 31, 2018	$	9,726	$	15,746	$	(6,021	)

Name	~~Position Held with the Company~~Age	~~Age~~Positions Held		Date ~~First Elected or Appointed~~of Appointment
		~~Teddy Chen An~~
Xie Qi Kang	71	Chief Executive Officer, President, Secretary, Treasurer and ~~Treasurer~~Director	36	~~May 4, 2018~~January 25, 2019

SUMMARY COMPENSATION TABLE
Name and Principal Position	Year	Salary ($)		Bonus ($)		Stock Awards ($)		Option Awards ($)		Non-Equity Incentive Plan Compensation ($)		Change in Pension Value and Nonqualified Deferred Compensation Earnings ($)		All Other Compensation($)		Total ($)
Xie Qi Kang	2020		0		0		0		0		0		0		0		0
CEO⁽¹⁾ President, Secretary, Treasurer and Director	2019		0		0		0		0		0		0		0		0

Teddy Chen An⁽²⁾	2020		N/A		N/A		N/A		N/A		N/A		N/A		N/A		N/A
Former CEO, President, Secretary, Treasurer and Director	2019		0		0		0		0		0		0		0		0

Name and Address of Beneficial Owner	Amount and Nature of Beneficial Ownership	Percentage of Class⁽¹⁾
Xie Qi Kang Osterbrogade 226 st. tv Copenhagen, Denmark 2100	0		0	%
*Directors and Executive Officers as a Group*	0		0	%
Greenfield International Limited 3^rd Floor, 14 Hanover Street Mayfair, London UK W1S 1YH	66,667 Common / Direct		82.70	%
*5% Shareholders as a Group*	*66,667 Common*		82.70	%

~~Name and Address of Beneficial Owner~~(1)	~~Amount and Nature of Beneficial Ownership~~	~~Percentage of Class~~^{(1)(2)(3)(4)(5)(6)}
~~Teddy Chen An 8 The Green, Suite #5140 Dover DE 19901~~	~~Nil~~	~~Nil~~
*~~Directors and Executive Officers as a Group~~*	*~~Nil~~*	*~~Nil~~*
~~Greenfields International Limited~~ 3^Rd ~~Floor, 14 Hanover Street~~ ~~Mayfair, London United Kingdom W1S 1YH~~	~~4,000,000 Common~~		~~82.70%~~
*~~5% shareholders as a group~~*	*~~4,000,000 Common~~*		*~~82.70~~*%

	(1)	Financial statements for our company are listed in the index under Item 8 of this document.

	(2)	All financial statement schedules are omitted because they are not applicable, not material or the required information is shown in the financial statements or notes thereto.

EXHIBIT NUMBER		Exhibit Description

(21)		Subsidiaries of Registrant
~~(31)~~21.1*		List of subsidiaries
(31)		Rule 13a-14 (d)/15d-14d) Certifications
31.1*		~~Section 302~~Rule 13(a)-14(a)/15(d)-14(a) Certification ~~by the Principal~~of Chief Executive Officer and Chief Financial Officer
(32)		Section 1350 Certifications
32.1**		Section ~~906~~1350 Certification ~~by the Principal~~of Chief Executive Officer and Chief Financial Officer
~~101~~**(100)		Interactive Data File
~~101.INS~~101.INS**		XBRL Instance Document
~~101.SCH~~101.SCH**		XBRL Taxonomy Extension Schema Document
~~101.CAL~~101.CAL**		XBRL Taxonomy Extension Calculation Linkbase Document
~~101.DEF~~101.DEF**		XBRL Taxonomy Extension Definition Linkbase Document
~~101.LAB~~101.LAB**		XBRL Taxonomy Extension Label Linkbase Document
~~101.PRE~~101.PRE**		XBRL Taxonomy Extension Presentation Linkbase Document

*Filed herewith.	~~Filed herewith~~
**	~~Furnished herewith~~

	NANOVATION MICROTECH, INC.		~~KALMIN CORP.~~
		~~(Registrant)~~
Dated December 10, 2020	By:	/s/ Xie Qi Kang
~~Dated: November 29, 2018~~		~~/s/ Teddy Chen An~~
		Xie Qi Kang	~~Teddy Chen An~~
		President, Chief Executive Officer, Secretary, Treasurer and Director
		(Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer)

~~Dated: November 29, 2018~~Dated December 10, 2020		/s/ ~~Teddy Chen An~~
		~~Teddy Chen An~~Xie Qi Kang
		Xie Qi Kang
		President, Chief Executive Officer, Secretary, Treasurer and Director
		(Principal Executive Officer, Principal Financial Officer ~~and~~ and Principal Accounting Officer)