The Company evaluates its convertible debt, options, warrants or other contracts to determine if those contracts or embedded components of those contracts qualify as well.derivatives to be separately accounted for. The result of this accounting treatment is that under certain circumstances the fair value of the derivative is marked-to-market each balance sheet date and recorded as a liability. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the statement of operations as other income or expense. Upon conversion or exercise of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. Equity instruments that are initially classified as equity that become subject to reclassification under this accounting standard are reclassified to liability at the fair value of the instrument on the reclassification date.

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NOTE 2 KANGE CORP.

–NOTES TO THE CONDENSED FINANCIAL STATEMENTS

GOING CONCERNMAY 31, 2016

(unaudited)

Going Concern

The accompanying unaudited condensed financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company sustained net losses of $7,765$46,952 and used cash in operating activities of $6,265$26,097 for the ninesix months ended AugustMay 31, 2015.2016. The Company had working capital deficit, stockholders’ deficiencystockholders' deficit and accumulated deficit of $19,218, $19,218$32,225, $32,225 and $40,418,$584,048, respectively, at AugustMay 31, 2015.2016. These factors raise substantial doubt about the ability of the Company to continue as a going concern for a reasonable period of time. The Company’sCompany's continuation as a going concern is dependent upon its ability to generate revenues and its ability to continue receiving investment capital and loans from third parties to sustain its current level of operations. The Company is in the process of securing working capital from investors for common stock, convertible notes payable, and/or strategic partnerships. No assurance can be given that the Company will be successful in these efforts.

The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Accounting Basis

The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America (“GAAP” accounting). The Company has adopted a November 30 fiscal year end.

Unaudited Interim Financial Statements

The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the result of operations; and (c) cash flows, have been made in order to make the financial statements presented not misleading. These financial statements should be read in conjunction with the financial statements of the Company for the year ended November 30, 2014 and notes thereto contained in the Annual Report on Form 10-K of the Company filed with the United States Securities and Exchange Commission (the “SEC”) on April 27, 2015. The results of operations for such interim periods are not necessarily indicative of operations for a full year.

Development Stage Company

The Company is in the development stage as defined under the then current Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 915-205 “Development-Stage Entities” and among the additional disclosures required as a development stage company are that its financial statements were identified as those of a development stage company, and that the statements of operations, stockholders’ deficit and cash flows disclosed activity since the date of its Inception (August 16, 2013) as a development stage company. Effective June 10, 2014 FASB changed its regulations with respect to Development Stage Entities and these additional disclosures are no longer required for annual reporting periods beginning after December 15, 2014 with the option for entities to early adopt these new provisions. The Company has not elected to early adopt these provisions and consequently these additional disclosures are included in these financial statements.

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KANGE CORP.

(A DEVELOPMENT STAGE COMPANY)

NOTES TO THE CONDENSED UNAUDITED FINANACIAL STATEMENTS

FOR THE THREE AND NINE MONTH PERIODS ENDED AUGUST 31, 2015 AND 2014 AND

THE PERIOD FROM AUGUST 16, 2013 (“INCEPTION”) TO AUGUST 31, 2015

Use of Estimates

The preparation of 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 disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates in the accompanying financial statements include the amortization period for intangible assets, valuation and impairment valuation of intangible assets, depreciable lives of the web site and property and equipment, valuation of warrants and beneficial conversion feature debt discounts, valuation of derivatives, valuation of share-based payments and the valuation allowance on deferred tax assets.

Reclassifications

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 losses, total assets, or stockholders’stockholders' equity as previously reported.

Cash and Cash EquivalentsNet Earnings (Loss) Per Share

For purposesIn accordance with ASC 260-10, "Earnings Per Share," basic net earnings (loss) per common share is computed by dividing the net earnings (loss) for the period by the weighted average number of common shares outstanding during the Statementperiod. Diluted earnings (loss) per share are computed using the weighted average number of Cash Flows,common and dilutive common stock equivalent shares outstanding during the Company considers all highly liquid instruments purchased with a maturityperiod. Dilutive common stock equivalent shares which may dilute future earnings per share consist of three months or less to be cash equivalents to the extent the fundsconvertible notes convertible into 2,851,185 common shares. Equivalent shares are not being held for investment purposes.

The Company's bank accounts are deposited in insured institutions. The funds are insured up to $250,000. At August 31, 2015,utilized when the Company's bank deposits did not exceed the insured amounts.

Fair Value of Financial Instruments

FASB ASC 820 "Fair Value Measurements and Disclosures" establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

These tiers include:

Level 1: defined as observable inputs such as quoted prices in active markets;

Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and

Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions

The Company’s financial instruments consist of cash and a loan from a director. The carrying amount of these financial instruments approximates fair value due to the short-term maturity of these items.

Impairment of Long-Lived Assets

The Company continually monitors events and changes in circumstances that could indicate carrying amounts of long-lived assets may not be recoverable. When such events or changes in circumstances are present, the Company assesses the recoverability of long-lived assets by determining whether the carrying value of such assets will be recovered through undiscounted expected future cash flows. If the total of the future cash flowseffect is less than the carrying amount of those assets, the Company recognizes an impairment loss based on the excess of the carrying amount over the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or the fair value less costs to sell.anti-dilutive (see Note 3).

Dividends

The Company has not adopted any policy regarding payment of dividends. No dividends have been paid during any of the periods shown.

Income Taxes

The Company follows the liability method of accounting for income taxes. Under this method, deferred income tax assets and liabilities are recognized for the estimated tax consequences attributable to differences between the financial statement carrying values and their respective income tax basis (temporary differences). The effect on deferred income tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

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KANGE CORP.

(A DEVELOPMENT STAGE COMPANY)

NOTES TO THE CONDENSED UNAUDITED FINANACIALFINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTH PERIODS ENDED AUGUSTMAY 31, 2015 AND 2014 AND2016

THE PERIOD FROM AUGUST 16, 2013 (“INCEPTION”) TO AUGUST 31, 2015(unaudited)

Revenue RecognitionEffect of Recent Accounting Pronouncements

The Company will recognize revenue in accordance with ASC. 605, “Revenue Recognition” ASC-605 requiresreviews new accounting pronouncements as issued. No new pronouncements had any material effect on these unaudited financial statements. The accounting pronouncements issued subsequent to the date of these unaudited financial statements that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3)were considered significant by management were evaluated for the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are basedpotential effect on management's judgments regarding the fixed naturethese unaudited financial statements. Management does not believe any of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Companysubsequent pronouncements will defer any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required.

Advertising Costs

The Company’s policy regarding advertising is to expense advertising when incurred. The Company incurred advertising expense of $0 and $0 during the nine month periods ended August 31, 2015 and 2014, respectively.

Stock-Based Compensation

As of August 31, 2015 the Company has not issued any stock-based payments. Stock-based compensation is accounted for at fair value in accordance with ASC 718, ”Compensation – Stock Compensation.” To date, the Company has not adoptedhave a stock option plan and has not granted any stock options.

Basic Income (Loss) Per Share

The Company computes loss per share in accordance with “ASC-260,” “Earnings per Share” which requires presentation of both basic and diluted earnings per sharematerial effect on the face of the statement of operations. Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted 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. No potentially dilutive securities were issued or outstanding during the three and nine month periods ended August 31, 2015 and 2014.

Recent Accounting Pronouncements

The Company has reviewed all recently issued, but not yet effective, accounting pronouncementsthese unaudited financial statements as presented and does not believeanticipate the need for any future adoptionrestatement of these unaudited condensed financial statements because of the retro-active application of any suchaccounting pronouncements may be expectedissued subsequent to cause a material impact on itsMay 31, 2016 through the date these unaudited financial condition or the results of its operations other than those relating to Development Stage Companies as discussed above.statements were issued.

NOTE 4 2 – DUE TO SHAREHOLDER ASSIGNMENT OF CONTRACTUAL RIGHTS

In support of the Company’s efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitmentOn November 9, 2015, in exchange for continued support by shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note.

On August 16, 2013, our director and principal shareholder advanced $678 to the Company to fund its initial incorporation with the Nevada Secretary of State. The director and principal shareholder loaned a further $500 to the Company on October 30, 2013 as working capital. During October 2014 the shareholder has loaned $10,300 to the Company for working capital. On December 10, 2014 the shareholder loaned additional $600 to the working capital. During the nine month period ended August 31, 2015 the shareholder loaned additional $6,050 for working capital.

As of August 31, 2015 the total due to this shareholder was $18,128. This amount is due on demand, bears no interest and is unsecured.

NOTE 5 – COMMON STOCK

The Company has 75,000,000 authorized5,000,000 shares of common stock of the Company, the Company was assigned by AMJ Global, LLC ("AMJ Global"), a company beneficially owned by Dr. Arthur Malone, Jr., the Company's chief executive officer and director, the contractual rights of AMJ Global pursuant to its agreements with Blabeey, Inc. ("Blabeey"), a parmobile App designer focused on social media and messaging. The irrevocable assignment, transferred and conveyed in its entirety to the Company, all of AMJ Global's rights and obligations that are stipulated and set forth in every and all agreements between AMJ Global and Blabeey, including, but not limited to, the agreement between AMJ Global and Blabeey dated October 26, 2015. The transaction was, due to the structure of the agreement, between entities under common control and therefore the amount of the historical cost of the assets, $471,672, was recorded as an expense as there is no fixed and determinable future value, and the expense was recorded as a loss on the acquisition of $0.001contractual rights. See Notes 5 and 6.

NOTE 3 – CONVERTIBLE NOTES PAYABLE TO RELATED PARTIES, NET OF DISCOUNTS

Convertible notes payable, net of discounts, all classified as current at May 31, 2016 and November 30, 2015, consists of the following:

Convertible notes to related parties, net of discounts

(a) Assigned from Victor Stepanov on March 15, 2016.

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KANGE CORP.

(A DEVELOPMENT STAGE COMPANY)

NOTES TO THE CONDENSED UNAUDITED FINANACIALFINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTH PERIODS ENDED AUGUSTMAY 31, 2015 AND 2014 AND2016

THE PERIOD FROM AUGUST 16, 2013 (“INCEPTION”) TO AUGUST 31, 2015(unaudited)

On August 29, 2013,November 9, 2015, the Company issued 3,000,000 sharesexecuted a convertible promissory note with AMJ Global, a company which is beneficially owned by Dr. Arthur Malone, Jr., the chief executive officer and director of common stockthe Company, for cash proceeds$18,128. This note was created due to the assignment of $3,000the balance due to shareholder (see Note 5), which was assigned to AMJ Global on November 9, 2015. The note bears interest at $0.001the rate of 12% per annum, which accrues monthly. As of May 31, 2016 and November 30, 2015, the accrued interest was $1,222 and $131, respectively. The note matures on November 8, 2016. The note has a conversion feature of $0.02 per share. A beneficial conversion feature of $18,128 was recorded and will be accreted monthly from the issuance date of the note through maturity. As of May 31, 2016 and November 30, 2015, $10,132 and $1,796, respectively, has been recorded as a beneficial conversion feature expense. See Note 5.

On September 23, 2013,February 5, 2016, the Company issued 1,400,000 sharesexecuted a convertible promissory note with AMJ Global for $19,901. This note was in exchange for the payment of common stock for cash proceedscertain vendors of $7,000the Company. The note bears interest at $0.005the rate of 12% per annum, which accrues monthly. As of May 31, 2016, the accrued interest was $766. The note matures on February 4, 2017. The note has a conversion feature of $0.02 per share. A beneficial conversion feature of $19,901 was recorded and will be accreted monthly from the issuance date of the note through maturity. As of May 31, 2016, $12,754 has been recorded as a beneficial conversion feature expense. See Note 5.

On October 17, 2013,April 6, 2016, the Company issued 1,120,000 sharesexecuted a convertible promissory note with AMJ Global for $6,287. This note was in exchange for the payment of common stock for cash proceedscertain vendors of $11,200the Company. The note bears interest at $0.01the rate of 12% per annum, which accrues monthly. As of May 31, 2016, the accrued interest was $116. The note matures on April 6, 2017. The note has a conversion feature of $0.02 per share. A beneficial conversion feature of $6,287 was recorded and will be accreted monthly from the issuance date of the note through maturity. As of May 31, 2016, $947 has been recorded as a beneficial conversion feature expense. See Note 5.

There were 5,520,000 shares of common stock issued and outstanding as of August 31, 2015.

NOTE 64 – COMMITMENTS AND CONTINGENCIES

Legal Matters

From time to time, the Companywe may become subjectbe involved in litigation relating to legal proceedings, claims and litigation arising out of our operations in the ordinarynormal course of its business. The Company is not currently a party to any material legal proceedings, nor is the Company awareAs of any otherMay 31, 2016, there were no pending or threatened litigation that would have a material adverse effect on the Company’s business, operating results, cash flows or financial condition should such litigation be resolved unfavorably.lawsuits.

NOTE 75 – RELATED PARTY TRANSACTIONS

In support of the Company's efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note.

On August 16, 2013, our sole director and principal shareholder advanced $678 to the Company to fund its initial incorporation with the Nevada Secretary of State. The sole director and principal shareholder loaned a further $500 to the Company on October 30, 2013 as working capital. During October 2014, a director had loaned $10,300 to the Company for working capital. During the fiscal year 2015, through November 9, 2015, an additional $6,650 was loaned to the Company. On November 9, 2015, the total for the loan from this director was $18,128 and it was assigned to AMJ Global, a company controlled by Dr. Arthur Malone, Jr., the Company's chief executive officer and director. The Company executed a convertible note payable to AMJ Global for $18,128. This note was created due to the assignment of the balance due to shareholder (see Note 3), which was assigned to AMJ Global on November 9, 2015.

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–KANGE CORP.

INCOME TAXESNOTES TO THE CONDENSED FINANCIAL STATEMENTS

MAY 31, 2016

(unaudited)

As of August 31, 2015,On February 5, 2016, the Company had net operating loss carry forwardsexecuted a convertible promissory note with AMJ Global for $19,901. This note was in exchange for the payment of $40,418 that may be availablecertain vendors of the Company. The note bears interest at the rate of 12% per annum, which accrues monthly. The note matures on June 8, 2016. The note has a conversion feature of $0.02 per share. See Note 3.

On March 15, 2016, Mr. Stepanov assigned his convertible promissory note to reduce future years’ taxable income through 2035. Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization is determined not likely to occur and accordingly,AMJ Global. See Note 3. 

On April 6, 2016, the Company has recordedexecuted a valuation allowanceconvertible promissory note with AMJ Global for $6,287. This note was in exchange for the deferred tax asset relatingpayment of certain vendors of the Company. The note bears interest at the rate of 12% per annum, which accrues monthly. The note matures on April 6, 2017. The note has a conversion feature of $0.02 per share. See Note 3.

NOTE 6 – STOCKHOLDERS' DEFICIT

Common Stock

The Company was authorized to these tax loss carry-forwards.issue up to 75,000,000 shares of common stock, par value $0.001 per share. Each outstanding share of common stock entitles the holder to one vote per share on all matters submitted to a stockholder vote. All shares of common stock are non-assessable and non-cumulative, with no pre-emptive rights.

There were 10,570,000 shares of common stock issued and outstanding as of May 31, 2016.

NOTE 87 –SUBSEQUENT EVENTS

On October 14, 2015, Elena Trinidad resigned as Chief Financial Officer of the Company to pursue other opportunities. Ms. Trinidad resignation was not due to, and was not caused by, in whole or in part, any disagreement with the Company, where related to the Company’s operations, policies, practices or otherwise.

On October 9, 2015, our independent auditor, Cutler & Co., LLC (“Cutler”), notified the Company that they were merging with Pritchett, Siler & Hardy PC (“PS&H”). On October 9, 2015, the Company received a resignation letter from Cutler and an engagement letter from PS&H, which was signed accordingly.

The Company has evaluated all events that occurred after August 31, 2014February 29, 2016 through the date on which the financial statements were issued and determined that, other than as disclosed above, there were no material subsequent events required to be disclosed under U.S. GAAP.