Diamond Cartel 10-Q 1 May 24 2024 Q3 Quarterly report Financial data

Cover

Cover	9 Months Ended
	Jan. 31, 2024 shares
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jan. 31, 2024
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--04-30
Entity File Number	333-215884
Entity Registrant Name	ALEXANDER TECH CORP.
Entity Central Index Key	0001347491
Entity Tax Identification Number	80-0914174
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	6161 Fleetwood Court
Entity Address, City or Town	San Jose
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95210
City Area Code	519
Local Phone Number	619-4370
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	true
Entity Shell Company	true
Entity Common Stock, Shares Outstanding	268,725

Balance Sheets (unaudited)

Balance Sheets (unaudited) - USD ($)	Jan. 31, 2024	Apr. 30, 2023
Current Assets
Cash	$ 10,522	$ 9,955
Prepaid expenses	1,420	1,420
Total Assets	11,942	11,375
Current Liabilities
Account payable and accrued liabilities	615	2,115
Due to related party	263,665	211,202
Advances payable	42,240	42,088
Total Liabilities	306,520	255,405
Stockholders’ Deficit
Preferred Stock, 25,000,000 shares authorized, $0.0000001. par value;       0.48 shares issued and outstanding at January 31, 2024 and April 30, 2023
Additional paid-in capital	454,216	454,216
Accumulated deficit	(748,794)	(698,246)
Total Stockholders’ Deficit	(294,578)	(244,030)
Total Liabilities and Stockholders’ Deficit	11,942	11,375
Common Class A [Member]
Stockholders’ Deficit
Common stock, value
Total Stockholders’ Deficit
Common Class B [Member]
Stockholders’ Deficit
Common stock, value
Total Stockholders’ Deficit
Common Class C [Member]
Stockholders’ Deficit
Common stock, value
Total Stockholders’ Deficit

Balance Sheets (unaudited) (Par

Balance Sheets (unaudited) (Parenthetical) - $ / shares	Jan. 31, 2024	Apr. 30, 2023
Preferred stock, authorized	25,000,000	25,000,000
Preferred stock, par value (in dollars per share)	$ 0.00	$ 0.00
Preferred stock, issued	0.48	0.48
Preferred stock, outstanding	0.48	0.48
Common Class A [Member]
Common stock, authorized	700,000,000	700,000,000
Common stock, par value (in dollars per share)	$ 0.00	$ 0.00
Common stock, issued	268,725	268,725
Common stock, outstanding	268,725	268,725
Common Class B [Member]
Common stock, authorized	200,000,000	200,000,000
Common stock, par value (in dollars per share)	$ 0.00	$ 0.00
Common stock, issued	0	0
Common stock, outstanding	0	0
Common Class C [Member]
Common stock, authorized	75,000,000	75,000,000
Common stock, par value (in dollars per share)	$ 0.00	$ 0.00
Common stock, issued	0	0
Common stock, outstanding	0	0

Statements of Operations (unaud

Statements of Operations (unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Jan. 31, 2024	Jan. 31, 2023	Jan. 31, 2024	Jan. 31, 2023
Income Statement [Abstract]
Revenue
Expenses
General and administrative	9,702	16,474	50,548	18,521
Net Loss before provision for income tax	(9,702)	(16,474)	(50,548)	(18,521)
Provision for income tax
Net Loss	$ (9,702)	$ (16,474)	$ (50,548)	$ (18,521)
Net Loss Per Common Share – Basic and Diluted	$ (0.04)	$ (0.06)	$ (0.19)	$ (0.07)
Weighted Average Number of Common Shares Outstanding – Basic and Diluted	268,725	268,725	268,725	268,725

Statements of Shareholders' Def

Statements of Shareholders' Deficit (unaudited) - USD ($)	Preferred Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Common Class A [Member]	Common Class B [Member]	Common Class C [Member]	Total
Balance –October 31, 2023 at Apr. 30, 2022		$ 454,216	$ (664,795)				$ (210,579)
Beginning balance (in shares) at Apr. 30, 2022	0.48			268,725
Net loss for the period			(18,521)				(18,521)
Balance – January 31, 2024 at Jan. 31, 2023		454,216	(683,316)				(229,100)
Ending balance (in shares) at Jan. 31, 2023	0.48			268,725
Balance –October 31, 2023 at Oct. 31, 2022		454,216	(666,842)				(212,626)
Beginning balance (in shares) at Oct. 31, 2022	0.48			268,725
Net loss for the period			(16,474)				(16,474)
Balance – January 31, 2024 at Jan. 31, 2023		454,216	(683,316)				(229,100)
Ending balance (in shares) at Jan. 31, 2023	0.48			268,725
Balance –October 31, 2023 at Apr. 30, 2023		454,216	(698,246)				(244,030)
Beginning balance (in shares) at Apr. 30, 2023	0.48			268,725
Net loss for the period			(50,548)				(50,548)
Balance – January 31, 2024 at Jan. 31, 2024		454,216	(748,794)				(294,578)
Ending balance (in shares) at Jan. 31, 2024	0.48			268,725
Balance –October 31, 2023 at Oct. 31, 2023		454,216	(739,092)				(284,876)
Beginning balance (in shares) at Oct. 31, 2023	0.48			268,725
Net loss for the period			(9,702)				(9,702)
Balance – January 31, 2024 at Jan. 31, 2024		$ 454,216	$ (748,794)				$ (294,578)
Ending balance (in shares) at Jan. 31, 2024	0.48			268,725

Statements of Cash Flows (unaud

Statements of Cash Flows (unaudited) - USD ($)	9 Months Ended
	Jan. 31, 2024	Jan. 31, 2023
Operating Activities:
Net loss	$ (50,548)	$ (18,521)
Adjustments to reconcile net loss to net cash used in operating activities:
Foreign exchange gain on amount due to related party	152	(301)
Changes in operating assets and liabilities:
Accounts payable and accrued liabilities	(1,500)	(1,000)
Net Cash Used in Operating Activities	(51,896)	(19,822)
Financing Activities:
Proceeds of loan from related party	52,463	19,822
Net Cash Provided by Financing Activities	52,463	19,822
Change in Cash	567
Cash – Beginning of Period	9,955
Cash – End of Period	10,522
Supplemental Disclosures:
Interest paid
Income taxes paid

Business Description

Business Description	9 Months Ended
	Jan. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business Description	1. Business Description Alexander Tech Corp (the “Company”) was incorporated in the State of Delaware on August 17, 2005. The Company is a Blank Check Company which plans to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business with one or more businesses. On July 14, 2018, the Company had entered into a Letter of Intent with an unrelated third party. Except for this Letter of Intent, the Company has not identified any business combination target and has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. On January 12, 2022, the Company changed its name from The Diamond Cartel Inc. to Alexander Tech Corp.

Going Concern

Going Concern	9 Months Ended
	Jan. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	2. Going Concern These financial statements have been prepared on a going concern basis, which contemplates the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has not generated any revenue since inception. As of January 31, 2024, the Company has a working capital deficiency of $ 294,578 748,794

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Jan. 31, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	3. Summary of Significant Accounting Policies a) Basis of Presentation The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial statements and with Article 8 of Regulation S-X of the United States Securities and Exchange Commission (“SEC”). Accordingly, they do not contain all information and footnotes required by accounting principles generally accepted in the United States of America for annual financial statements. In the opinion of the Company’s management, the accompanying unaudited financial statements contain all the adjustments necessary (consisting only of normal recurring accruals) to present the financial position of the Company at January 31, 2024 and the results of operations and cash flows for the periods presented. The results of operations for the nine months ended January 31, 2024 are not necessarily indicative of the operating results for the full fiscal year or any future period. These unaudited financial statements should be read in conjunction with the financial statements and related notes thereto included elsewhere in this filing for the years ended April 30, 2023 and 2022. The Company has an April 30 year-end. b) Use of Estimates The preparation of financial statements in accordance 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 at the date of the financial statements and the reported amounts of revenue and expenses in the reporting period. The Company regularly evaluates estimates and assumptions related to deferred income tax asset valuations. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. c) Recent Accounting Pronouncements The Company has implemented all new pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Advances Payable

Advances Payable	9 Months Ended
	Jan. 31, 2024
Advances Payable
Advances Payable	4. Advances Payable On July 14, 2018, the Company executed a Letter of Intent (the “LOI”) with a Corporation registered in the country of Chile (“Corporation”). Pursuant to the LOI, the Corporation agreed to exchange 100 3,916,988 500,000 500,000 15,000 15,000 135,000 Once the Company raised a minimum of $4,500,000 after the completion the transaction, the former President of the Company was to receive the remaining $350,000. 42,240 42,088

Related Party Transactions

Related Party Transactions	9 Months Ended
	Jan. 31, 2024
Related Party Transactions [Abstract]
Related Party Transactions	5. Related Party Transactions As at January 31, 2024 and April 30, 2023, the Company was indebted to a company controlled by the current President of the Company for $ 263,665 211,202

Share Capital

Share Capital	9 Months Ended
	Jan. 31, 2024
Share Capital
Share Capital	6. Share Capital On January 12, 2022, the Company amended its Articles of Incorporation, terminating the designation of 54,000 1,000,000 0.001 25,000,000 0.0000001 200,000,000 700,000,000 0.0000001 200,000,000 0.0000001 75,000,000 0.0000001 268,725 There were no share transactions during the nine months ended January 31, 2024 or 2023.

Subsequent Events

Subsequent Events	9 Months Ended
	Jan. 31, 2024
Income Tax Disclosure [Abstract]
Subsequent Events	7. Subsequent Events Management has evaluated subsequent events through the date that these financial statements were issued. There have been no events that would require adjustment to or disclosure in the financial statements.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Jan. 31, 2024
Accounting Policies [Abstract]
Basis of Presentation	a) Basis of Presentation The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial statements and with Article 8 of Regulation S-X of the United States Securities and Exchange Commission (“SEC”). Accordingly, they do not contain all information and footnotes required by accounting principles generally accepted in the United States of America for annual financial statements. In the opinion of the Company’s management, the accompanying unaudited financial statements contain all the adjustments necessary (consisting only of normal recurring accruals) to present the financial position of the Company at January 31, 2024 and the results of operations and cash flows for the periods presented. The results of operations for the nine months ended January 31, 2024 are not necessarily indicative of the operating results for the full fiscal year or any future period. These unaudited financial statements should be read in conjunction with the financial statements and related notes thereto included elsewhere in this filing for the years ended April 30, 2023 and 2022. The Company has an April 30 year-end.
Use of Estimates	b) Use of Estimates The preparation of financial statements in accordance 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 at the date of the financial statements and the reported amounts of revenue and expenses in the reporting period. The Company regularly evaluates estimates and assumptions related to deferred income tax asset valuations. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.
Recent Accounting Pronouncements	c) Recent Accounting Pronouncements The Company has implemented all new pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Going Concern (Details Narrativ

Going Concern (Details Narrative) - USD ($)	Jan. 31, 2024	Apr. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Working capital deficiency	$ 294,578
Accumulated deficit	$ 748,794	$ 698,246

Advances Payable (Details Narra

Advances Payable (Details Narrative) - USD ($)		9 Months Ended
	Jul. 14, 2018	Jan. 31, 2024	Jan. 31, 2023	Apr. 30, 2023
Proceeds of loan from related party		$ 52,463	$ 19,822
Advances payable		$ 42,240		$ 42,088
Related Party [Member]
Common stock, issued	3,916,988
Common stock, outstanding	3,916,988
Proceeds of loan from related party	$ 500,000
Related Party [Member] | President [Member]
Proceeds of loan from related party	500,000
Payable after the acceptance of LOI	15,000
Refundable amount	15,000
Receivables based on minimum transaction completion	$ 135,000
Description of raising capital	Once the Company raised a minimum of $4,500,000 after the completion the transaction, the former President of the Company was to receive the remaining $350,000.
Equity Investment [Member] | Related Party [Member]
Ownership percentage	100%

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	Jan. 31, 2024	Apr. 30, 2023
Related Party Transaction [Line Items]
Due to related party	$ 263,665	$ 211,202
Related Party [Member] | President [Member]
Related Party Transaction [Line Items]
Due to related party	$ 263,665	$ 211,202

Share Capital (Details Narrativ

Share Capital (Details Narrative) - $ / shares	Jan. 12, 2022	Jan. 31, 2024	Apr. 30, 2023
Preferred stock, authorized		25,000,000	25,000,000
Preferred stock, par value (in dollars per share)		$ 0.00	$ 0.00
Minimum [Member]
Preferred stock, authorized	1,000,000
Preferred stock, par value (in dollars per share)	$ 0.001
Maximum [Member]
Preferred stock, authorized	25,000,000
Preferred stock, par value (in dollars per share)	$ 0.00
Preferred Class A [Member]
Shares terminated	54,000
Common Stock [Member]
Shares terminated	200,000,000
Common Class A [Member]
Common stock, authorized	700,000,000	700,000,000	700,000,000
Common stock, par value (in dollars per share)	$ 0.00	$ 0.00	$ 0.00
Common stock, issued	268,725	268,725	268,725
Common stock, outstanding	268,725	268,725	268,725
Common Class B [Member]
Common stock, authorized	200,000,000	200,000,000	200,000,000
Common stock, par value (in dollars per share)	$ 0.00	$ 0.00	$ 0.00
Common stock, issued		0	0
Common stock, outstanding		0	0
Common Class C [Member]
Common stock, authorized	75,000,000	75,000,000	75,000,000
Common stock, par value (in dollars per share)	$ 0.00	$ 0.00	$ 0.00
Common stock, issued		0	0
Common stock, outstanding		0	0