U.S. SECURITIES AND EXCHANGE COMMISSIONWashington,COMMISSION

Washington, D.C. 20549

Form 10-Q

Mark One

[X]

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

For the quarterly period ended May 31, 20152016

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

For the transition period from ____________________ to _____________________

Commission File No. 333-194055

KANGE CORP.

(Exact name of registrant as specified in its charter)

Nevada		7371		33-1230169
(State or Other Jurisdiction of Incorporation or Organization)		7371 (Primary Standard Industrial Classification Number)		EIN 33-1230169 (IRS Employer Identification Number)

2770 S. Maryland Pkwy. # 302 

3571 E. Sunset Road, Suite 420

Las Vegas, Nevada 8910989120

702 731 3535(702) 499-6022

 (Address(Address and telephone number of principal executive offices)

Indicate by checkmarkcheck mark whether the issuer: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 pastpreceding 12 months (or for such shorter period that the registrantRegistrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] o No [   ]x

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted 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 and post such files). Yes x No o

Indicate by check mark whether the Registrant is a large accelerated filed,filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.

Large See definitions of "large accelerated filer, [  ] Accelerated filer [   ] Non-accelerated filer [   ] Smaller" "accelerated filer" and "smaller reporting company [X]company" in Rule 12b-2 of the Exchange Act.

(Check one):

Indicate by checkmarkcheck mark whether the registrantRegistrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [X] o No [  ]x

Applicable Only to Issuer Involved in Bankruptcy Proceedings During the Preceding Five Years.   N/A

Indicate by checkmark whether the issuer has filed all documents and reports required to be filed by Section 12, 13 and 15(d)As of the Securities Exchange Act of 1934 after the distribution of securities under a plan confirmed by a court.  Yes [   ] No [   ]

Applicable Only to Corporate Registrants

Indicate the number ofJune 8, 2016 there were 10,570,000 shares outstanding of each of the issuer’s classes of common stock, as of the most practicable date:

par value $0.001 per share outstanding.

INDEX

2

Back to TOC

PART I – FINANCIAL INFORMATION

TABLE OF CONTENTS

PART I. FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

KANGE CORP.

(A DEVELOPMENT STAGE COMPANY)

CONDENSED BALANCE SHEETS

KANGE CORP.

(A DEVELOPMENT STAGE COMPANY)

CONDENSED STATEMENTS OF OPERATIONS

(UNAUDITED)

3

Back to TOC

Item 1. Financial Statements.

		May 31,				November 30,
		2016				2015
		(unaudited)
ASSETS
Current assets
Cash		$	334			$	243
Total current assets			334				243
Total assets		$	334			$	243
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities
Convertible notes payable to related parties, net of discount		$	29,386			$	2,368
Accounts payable			200				5,832
Accounts payable to related party			200				-
Accrued expenses to related party			2,773				3,504
Total current liabilities			32,559				11,704
Total liabilities			32,559				11,704
Commitments and contingencies (Note 4)
Stockholders' deficit
Common stock, $0.001 par value, 75,000,000 shares authorized,
10,570,000 and 10,570,000 shares issued and outstanding, respectively			10,570				10,570
Additional paid-in capital			541,253				515,065
Accumulated deficit			(584,048	)			(537,096	)
Total stockholders' deficit			(32,225	)			(11,461	)
Total liabilities and stockholders' deficit		$	334			$	243

See accompanying notes to condensed unaudited financial statements.

4

Back to TOC

		For the three months ended								For the six months ended
		May 31,								May 31,
		2016				2015				2016				2015
Revenue, net		$	-			$	-			$	-			$	-
Operating expenses
General and administrative			6,313				5,581				17,364				5,764
Operating loss			(6,313	)			(5,581	)			(17,364	)			(5,764	)
Other income (expense)
Amortization of debt discount			(14,121	)			-				(27,018	)			-
Interest expense			(1,567	)			-				(2,570	)			-
Net loss		$	(22,001	)		$	(5,581	)		$	(46,952	)		$	(5,764	)
Net loss per share - basic and diluted and diluted		$	(0.00	)		$	(0.00	)		$	(0.00	)		$	(0.00	)
Weighted average number of shares outstanding - basic and diluted			10,570,000				5,520,000				10,570,000				5,520,000

See accompanying notes to condensed unaudited financial statements.

5

Back to TOC

		2016				2015
Cash flows from operating activities:
Net loss		$	(46,952	)		$	(5,764	)
Adjustments to reconcile net loss to net cash used in operations:
Amortization of debt discount			27,018				-
Changes in operating assets and liabilities:
Accounts payable			(5,632	)			-
Accounts payable to related party			200				-
Accrued expenses			(731	)			-
Net cash used in operating activities			(26,097	)			(5,764	)
Cash flows from financing activities:
Proceeds from loan from related party			-				6,650
Proceeds from convertible note payable to related party			26,188				-
Net cash provided by financing activities			26,188				6,650
Net increase (decrease) in cash			91				886
Cash at beginning of period			243				25
Cash at end of period		$	334			$	911
Supplemental disclosure of cash flow information:
Interest paid		$	-			$	-
Income taxes paid		$	-			$	-

See accompanying notes to condensed unaudited financial statements.

6

Back to TOC

KANGE CORP.

(A DEVELOPMENT STAGE COMPANY)

CONDENSED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT)

FOR THE PERIOD FROM NOVEMBER 30, 2014 TO MAY 31, 2015

(UNAUDITED AFTER NOVEMBER 30, 2014)

KANGE CORP.

(A DEVELOPMENT STAGE COMPANY)

CONDENSED STATEMENTS OF CASHFLOWS

 (UNAUDITED)

KANGE CORP.

(A DEVELOPMENT STAGE COMPANY)

NOTES TO THE CONDENSED UNAUDITED FINANACIALFINANCIAL STATEMENTS

FOR THE SIX MONTH PERIODS ENDED MAY 31, 2015 AND 2014 AND THE PERIOD FROM AUGUST 16, 2013 (“2016INCEPTION”) TO MAY 31, 2015

(unaudited)

NOTE 1 – –ORGANIZATION AND NATURE OF BUSINESS

Organization

Kange Corp. (“("Kange,”, “" the Company”, “we”, “us”"Company," "we," "us," or “our”"our") was incorporated under the laws of the State of Nevada on August 16, 2013 (Inception). We are a development stage company and we intend to commence business operations in developing and selling mobile software products, for Apple and androidAndroid platforms, starting in Estonia and Europe, which is our initial intended market. We also plan to provide mobile software products internationally as well.Apple is a trademark of Apple Inc., and Android is a trademark of Alphabet Inc.

The accompanying unaudited condensed financial statements of Kange Corp. have been prepared in accordance with generally accepted accounting principles for interim financial information and the instructions to Form 10-Q and Article 8 of Regulation S-X. The results of operations for the interim period ended May 31, 2016 shown in this report are not necessarily indicative of results to be expected for the full fiscal year ending November 30, 2016. In the opinion of the Company's management, the information contained herein reflects all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the Company's results of operations, financial position and cash flows. The unaudited interim condensed financial statements should be read in conjunction with the audited financial statements in the Company's Form 10-K for the year ended November 30, 2015 filed on February 26, 2016 and Management's Discussion and Analysis of Financial Condition and Results of Operations.

Fair Value of Financial Instruments

The Company measures its financial assets and liabilities in accordance with generally accepted accounting principles. For certain of our financial instruments, including cash, accounts payable, accrued expenses, and short-term loans the carrying amounts approximate fair value due to their short maturities.

The Company evaluates its convertible debt, options, warrants or other contracts to determine if those contracts or embedded components of those contracts qualify as 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.

7

Back to TOC

KANGE CORP.

NOTES TO THE CONDENSED FINANCIAL STATEMENTS

MAY 31, 2016

(unaudited)

Going Concern

The accompanying unaudited condensed financial statements have been prepared on a going concern basis, which assumescontemplates the Company will be able to realize itsrealization of assets and discharge itsthe satisfaction of liabilities in the normal course of businessbusiness. The Company sustained net losses of $46,952 and used cash in operating activities of $26,097 for the foreseeable future.six months ended May 31, 2016. The Company has incurred losses since Inception (August 16, 2013) resulting in anhad working capital deficit, stockholders' deficit and accumulated deficit of $38,417 as of$32,225, $32,225 and $584,048, respectively, at May 31, 2015 and further losses are anticipated in the development of its business raising2016. These factors raise substantial doubt about the ability of the Company’s ability to continue as a going concern.concern for a reasonable period of time. The ability to continueCompany's continuation as a going concern is dependent upon the Company generating profitable operations in the futureits ability to generate revenues and or, obtaining the necessary financingits ability to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on handcontinue receiving investment capital and loans from directors and, 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 private placement of common stock. These financialsCompany will be successful in these efforts.

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

NOTE 3 –Use of Estimates SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Accounting Basis

The Company uses the accrual basispreparation of accounting andfinancial statements in conformity with 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 consolidated 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.

Use of Estimates

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

Cash Significant estimates in the accompanying financial statements include the amortization period for intangible assets, valuation and Cash Equivalents

For purposesimpairment valuation of intangible assets, depreciable lives of the Statementweb site and property and equipment, valuation of Cash Flows,warrants and beneficial conversion feature debt discounts, valuation of derivatives, valuation of share-based payments and the Company considers all highly liquid instruments purchased with a maturity of three months or lessvaluation allowance on deferred tax assets.

Reclassifications

Certain amounts in the prior period financial statements have been reclassified to be cash equivalentsconform to the extent the funds 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 May 31, 2015, 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.

current period presentation. 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 orreclassifications had 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 flows 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.

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 taxreported losses, total assets, and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

Revenue Recognitionor stockholders' equity as previously reported.

The Company will recognize revenue in accordance with ASC. 605, “Revenue Recognition” ASC-605 requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management's judgments regarding the fixed nature 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 Company 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.

Net Earnings (Loss) Per Share

The Company has reviewed all recently issued, but not yet effective, accounting pronouncements 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 issued subsequent to May 31, 2016 through the date these unaudited financial statements were issued.

NOTE 2 – ASSIGNMENT OF CONTRACTUAL RIGHTS

On November 9, 2015, in exchange for 5,000,000 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 mobile 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 contractual 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.

9

Back to TOC

KANGE CORP.

NOTES TO THE CONDENSED FINANCIAL STATEMENTS

MAY 31, 2016

(unaudited)

On November 9, 2015, the Company executed 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 the Company, for $18,128. This note was created due to the assignment of the balance due to shareholder (see Note 5), which was assigned to AMJ Global on November 9, 2015. The note bears interest at the 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 February 5, 2016, the Company executed a convertible promissory note with AMJ Global for $19,901. This note was in exchange for the payment of certain vendors of the Company. The note bears interest at the 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 April 6, 2016, the Company executed a convertible promissory note with AMJ Global for $6,287. This note was in exchange for the payment of certain vendors of the Company. The note bears interest at the 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.

NOTE 4 – COMMITMENTS AND CONTINGENCIES

Legal Matters

From time to time, we may be expected to cause a material impact on its financial condition or the results of its operations other than thoseinvolved in litigation relating to Development Stage Companies as discussed above.claims arising out of our operations in the normal course of business. As of May 31, 2016, there were no pending or threatened lawsuits.

NOTE 4 5 –RELATED PARTY TRANSACTIONS DUE TO SHAREHOLDER

In support of the Company’sCompany'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, the shareholder hasa director had loaned $10,300 to the companyCompany for working capital. On December 10, 2014During the shareholderfiscal year 2015, through November 9, 2015, an additional $6,650 was loaned additional $600 to the working capital.  During six months period ended May 31, 2015 the shareholder loaned additional $6,050 for working capital.

As of May 31,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 thisthe assignment of the balance due to shareholder (see Note 3), which was $18,128. This amount is dueassigned to AMJ Global on demand, bears no interest and is unsecured.November 9, 2015.

10

Back to TOC

KANGE CORP.

NOTE 5 –NOTES TO THE CONDENSED FINANCIAL STATEMENTS COMMON STOCK

MAY 31, 2016

(unaudited)

On February 5, 2016, the Company executed a convertible promissory note with AMJ Global for $19,901. This note was in exchange for the payment of certain 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 AMJ Global. See Note 3. 

On April 6, 2016, the Company executed a convertible promissory note with AMJ Global for $6,287. This note was in exchange for the payment 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 haswas authorized to issue up to 75,000,000 authorized shares of common stock, with a par value of $0.001 per share.

On August 29, 2013, Each outstanding share of common stock entitles the Company issued 3,000,000holder to one vote per share on all matters submitted to a stockholder vote. All shares of common stock for cash proceeds of $3,000 at $0.001 per share.are non-assessable and non-cumulative, with no pre-emptive rights.

On September 23, 2013, the Company issued 1,400,000 shares of common stock for cash proceeds of $7,000 at $0.005 per share.

On October 17, 2013, the Company issued 1,120,000 shares of common stock for cash proceeds of $11,200 at $0.01 per share.

There were 5,520,00010,570,000 shares of common stock issued and outstanding as of May 31, 2015.2016.

NOTE 6 7 –SUBSEQUENT EVENTS INCOME TAXES

As of May 31, 2015,
The Company has evaluated all events that occurred after February 29, 2016 through the Company had net operating loss carry forwards of $38,417 that may be available to reduce future years’ taxable income through 2034. Future tax benefitsdate on which may arise as a result of these losses have not been recognized in thesethe financial statements were issued and determined that, other than as their realization is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the deferred tax asset relating to these tax loss carry-forwards.

NOTE 7– SUBSEQUENT EVENTS

On June 08, 2015, the Company entered into a development contract with Idap Group, LTD, a Ukrainian company  (“Software Developer”). Under the terms of the contract, Software Developer agrees to provide mobile (pda and smartphone) application (“App”) software development to the Company, in exchange for not more than one hundred thousand U.S. dollars. Delivery of the ready Software shall be performed by placing it in the App Store and Google Play by Software Developer or transmitted via the Internet.

On June 11, 2015, by consent of shareholders, the Company’s sole director, Dmitri Brakin resigned as the Chief Executive Officer and Victor Stepanov was nominateddisclosed above, there were no material subsequent events required to be President, Chief Executive Officer and Treasurer. On June 16, 2015 Dmitri Brakin resigned as Chief Financial Officer, Director and Chairman of the Board and Secretary. Mr. Brakindisclosed under U.S. GAAP.

11

Back to TOC

’s resignation was not due to, and was not caused by, in whole or in part, any disagreement with the Company, whether related to the Company’s operations, policies, practices or otherwise.

Effective June 16, 2015, by consent of shareholders, Vassili Oxenuk was nominated to be Director and Chairman of the Board, Zarina Mamyrkulova was nominated to Corporate Secretary, and Elena Trinidad was nominated to Chief Financial Officer and Director.

Effective July 7, 2015, by consent of shareholders, Dr. Arthur Malone, Michael Johnson, Russ Reagan and James Lantiegne were nominated to be Directors.

FORWARD LOOKING STATEMENTS

Statements made in this Form 10-Q that are not historical or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (the "Act") and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified by the use of terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking

statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION

SPECIAL NOTE CONCERNING FORWARD-LOOKING STATEMENTS

We believe that it is important to communicate our future expectations to our security holders and to the public. This report, therefore, contains statements about future events and expectations which are "forward-looking statements" within the meaning of Sections 27A of the Securities Act of 1933 and 21E of the Securities Exchange Act of 1934, including the statements about our plans, objectives, expectations and prospects under the heading "Management's Discussion and Analysis of Financial Condition and Results of Operations." You can expect to identify these statements by forward-looking words such as "may," "might," "could," "would," "will," "anticipate," "believe," "plan," "estimate," "project," "expect," "intend," "seek" and other similar expressions. Any statement contained in this report that is not a statement of historical fact may be deemed to be a forward-looking statement. Although we believe that the plans, objectives, expectations and prospects reflected in or suggested by our forward-looking statements are reasonable, those statements involve risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements, and we can give no assurance that our plans, objectives, expectations and prospects will be achieved.

The following discussion of our results of operations should be read together with our financial statements and related notes included elsewhere in this report.

General

The Company was a startup company that was incorporated in Nevada on August 16, 2013.

The Company plans to developis developing and marketmarketing a software product as a mobile application for end users of the current generation iPhone 5S, 5,and iPad from Apple, Inc., and mobile phones with androidusing the Android platform. The mobile application’sapplication's digital content will be customizable by the owner of the particular device using our software. We plan to stay on the cutting edge of the constantly changing mobile application market, and our goal is to create a quality reputation within the mobile software community and marketplace. We plan to sell our initial applications through AppleApple's App Store or through our own online retail website to small business owners, who desire their own mobile applications and want to control the content. Apple, App Store, iPhone and iPad are trademarks of Apple Inc., and Android and Google Play are trademarks of Alphabet Inc.

On November 9, 2015, AMJ Global, LLC ("AMJ Global"), a company beneficially owned by Dr. Arthur Malone, Jr., the Company's chief executive officer and director, assigned the rights of AMJ Global pursuant to its agreements with Blabeey, Inc. ("Blabeey"), a mobile App designer. 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. Blabeey's web site is www.blabeey.com and is not incorporated in this filing. The Company issued 5,000,000 shares of common stock to AMJ Global for the assignment. The Company valued those shares at $471,672, the historical asset cost of Blabeey.

We have had limited operations and have been issued a "going concern" opinion by our auditor for the period ended November 30, 2015, based upon our reliance on the sale of our common stock as the sole source of funds for our operations for the near future.

12

Back to TOC

Results of Operations

Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation.

We expect we will require additional capital to meet our long term operating requirements.

Three Months Period Ended May 31, 2015 Compared to the Six Month Period Ended May 31, 2014.2016 Compared to the Three Month Period Ended May 31, 2015.

We recognized no revenue for the three months ended May 31, 20152016 and 20142015 as we are a development stage company.

During the three months ended May 31, 2015,2016, we incurred general and administrative expenses of $5,581$6,313 compared to $1,510 that we$5,581 incurred during the three months ended May 31, 2014.2015. These expenses related to corporate overhead, financial and administrative contracted services. They were significantly higher in 2015The variance is due to the timing of services rendered in connection with the auditors’Company's filings. fees billed to the Company in 2015 vs. 2014.

Our net loss for the three months period ended May 31, 20152016 was $5,581$22,001 compared to a net loss of $1,510$5,581 for the three months period ended May 31, 20142015 due to the factors discussed above.above, including $14,121 of amortization of debt discount for 2016.

Six Months Period Ended May 31, 20152016 Compared to the Six Month Period Ended May 31, 2014.February 28, 2015.

We recognized no revenue for the six months ended May 31, 20152016 and 20142015 as we are a development stage company.

During the six months ended May 31, 2015,2016, we incurred general and administrative expenses of $5,764$17,364 compared to $8,569$5,764 incurred forduring the six month periodmonths ended May 31, 2014.2015. These expenses related to corporate overhead, financial and administrative contracted services. They were significantly lower in 2015The variance is due to the timing of services rendered in connection with the auditors’Company's filings. fees billed to the Company in 2015 vs. 2014. The auditors’ fees related to 10K were incurred later in the second and third quarter of 2015, while the full amount of such fees was incurred in the first and second quarter of 2014.

Thus, ourOur net loss for the six monthmonths period ended May 31, 20152016 was $5,764$46,952 compared to a net loss of $8,569$5,764 for the six monthmonths period ended May 31, 20142015 due to the factors discussed above.above, including $27,018 of amortization of debt discount for 2016.

Liquidity and Capital Resources

As of May 31, 2015,2016, our total assets were $911,$334, comprising exclusively of cash, compared to $25$243 in total assets, also comprising exclusively of cash, at November 30, 2014.2015.

As of May 31, 2015,2016, our total liabilities were $18,128, comprising exclusively of shareholder’s advances,$32,559, which included accounts payable, accrued expenses, and notes payable to related parties, compared to $11,478$11,704 in total liabilities, also comprising exclusively of shareholder’s advances,which included accounts payable, accrued expenses, and notes payable to related parties, at November 30, 2014.2015.

Stockholders

’Stockholders' deficit was $17,217$32,225 as of May 31, 2015 compare2016 compared to stockholders' deficit of $11,453$11,461 as of November 30, 2014.2015.