KAT Exploration (KATX) 10-Q 15 Mar 22 2022 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Feb. 28, 2022	Mar. 13, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Feb. 28, 2022
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--11-30
Entity File Number	001-08589
Entity Registrant Name	KAT EXPLORATION, INC.
Entity Central Index Key	0001474558
Entity Tax Identification Number	87-2737873
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	2313 Hollyhill Lane
Entity Address, City or Town	Denton
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	76205
City Area Code	626
Local Phone Number	429.2780
Title of 12(b) Security	Common Stock, no par value
Trading Symbol	KATX
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	true
Entity Common Stock, Shares Outstanding		1,759,271,048

Balance Sheets (Unaudited)

Balance Sheets (Unaudited) - USD ($)	Feb. 28, 2022	Nov. 30, 2021
Current Assets
Cash	$ 0	$ 0
Accounts receivable	0	0
Inventory	0	0
Total Current Assets	0	0
Fixed Assets
Machinery & equipment	0	0
Accumulated depreciation	0	0
Total Fixed Assets	0	0
Total Assets	0	0
Current Liabilities
Accounts Payable	0	0
Credit Cards	0	0
Due to related parties	14,125	13,000
Total Current Liabilities	14,125	13,000
Total Liabilities	14,125	13,000
Stockholders' equity
Common stock, $.001 par value, 1,759,271,048 shares issued and outstanding at February 28, 2022 and and November 30, 2021	1,759,271	1,759,271
Additional paid-in capital	864,100	864,100
Retained Deficit	(2,637,496)	(2,636,371)
Total Stockholders' Deficit	(14,125)	(13,000)
Total Liabilities and Stockholders' Deficit	$ 0	$ 0

Balance Sheets (Unaudited) (Par

Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Feb. 28, 2022	Nov. 30, 2021
Statement of Financial Position [Abstract]
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares, Issued	1,759,271,048	1,759,271,048
Common Stock, Shares, Outstanding	1,759,271,048	1,759,271,048

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Feb. 28, 2022	Feb. 28, 2021
Income Statement [Abstract]
Revenue	$ 0	$ 0
Operating Expenses:
General & administrative expenses	1,125	0
Total operating expenses	1,125	0
Loss from operations	(1,125)	0
Other Income / (Expense)	0	0
Net Income / (loss)	$ (1,125)	$ 0
Basic and diluted loss per share	$ 0	$ 0
Basic and diluted weighted average shares	1,759,271,048	1,759,271,048

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended		12 Months Ended
	Feb. 28, 2022	Feb. 28, 2021	Nov. 30, 2021	Nov. 30, 2020
Cash Flows from Operating Activities
Net Loss	$ (1,125)	$ 0	$ (13,000)
Changes in Operating Assets and Liabilities
Accounts Receivable	0	0
Inventory	0	0
Credit Cards	0	0
Depreciation	0	0
Due to related parties	1,125	0
Net Cash Used in Operating Activities	0	0
Cash Flows from Investing Activities
Net Cash Provided by Investing Activities	0	0
Cash Flows from Financing Activities
Issuance of Capital Stock for cash	0	0
Note payable	0	0
Net Cash Provided by Financing Activities	0	0
Net Increase (Decrease) in Cash	0	0
Cash at Beginning of Period	0	0	0
Cash at End of Period	0	0	$ 0	$ 0
Supplemental Cash Flow Information:
Income Taxes Paid	0	0
Interest Paid	$ 0	$ 0

Statements of Stockholders' Equ

Statements of Stockholders' Equity (Deficit) (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance - November 30, 2021 at Nov. 30, 2019	$ 1,759,271	$ 864,100	$ (2,623,371)
Shares, Outstanding, Beginning Balance at Nov. 30, 2019	1,759,271,048
Net loss for the period February 28, 2022
Balance - February 28, 2022 at Nov. 30, 2020	$ 1,759,271	864,100	(2,623,371)
Shares, Outstanding, Ending Balance at Nov. 30, 2020	1,759,271,048
Net loss for the period February 28, 2022			(13,000)	(13,000)
Balance - February 28, 2022 at Nov. 30, 2021	$ 1,759,271	864,100	(2,636,371)	(13,000)
Shares, Outstanding, Ending Balance at Nov. 30, 2021	1,759,271,048
Net loss for the period February 28, 2022			(1,125)	(1,125)
Balance - February 28, 2022 at Feb. 28, 2022	$ 1,759,271	$ 864,100	$ (2,637,496)	$ (14,125)
Shares, Outstanding, Ending Balance at Feb. 28, 2022	1,759,271,048

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Feb. 28, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	NOTE 1 – BASIS OF PRESENTATION The accompanying unaudited condensed financial statements of KAT Exploration, Inc. (the “Company”), have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Regulation S-X, promulgated by the Securities and Exchange Commission. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair representation have been included herein. Operating results are not necessarily indicative of the results which may be expected for the year ending November 30, 2021 or other future periods. For further information, refer to the financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended November 30, 2021.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Feb. 28, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 2 – RELATED PARTY TRANSACTIONS Since the beginning of the fiscal years ended November 30, 2021, the Company’s related party been funding the monthly expenses.

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
	Feb. 28, 2022
Earnings Per Share [Abstract]
EARNINGS PER SHARE	NOTE 3 – EARNINGS PER SHARE The Company follows FASB ASC 260, Earnings Per Share Basic and diluted loss per common share was calculated using the following number of shares for the three and three months ended February 28, 20221 and 2021: Schedule of weighted average number of shares Three Months Ended February 28: 2022 2021 Weighted average number of common shares outstanding - Basic 1,759,271,048 1,759,271,048 Weighted average number of common shares outstanding - Diluted 1,759,271,048 1,759,271,048

INDEBTEDNESS

INDEBTEDNESS	3 Months Ended
	Feb. 28, 2022
Debt Disclosure [Abstract]
INDEBTEDNESS	NOTE 4 – INDEBTEDNESS The company owes related party $ 14,125

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
	Feb. 28, 2022
Earnings Per Share [Abstract]
Schedule of weighted average number of shares	Schedule of weighted average number of shares Three Months Ended February 28: 2022 2021 Weighted average number of common shares outstanding - Basic 1,759,271,048 1,759,271,048 Weighted average number of common shares outstanding - Diluted 1,759,271,048 1,759,271,048

Schedule of weighted average nu

Schedule of weighted average number of shares (Details) - shares	3 Months Ended
	Feb. 28, 2022	Feb. 28, 2021
Earnings Per Share [Abstract]
Weighted average number of common shares outstanding - Basic	1,759,271,048	1,759,271,048
Weighted average number of common shares outstanding - Diluted	1,759,271,048	1,759,271,048

INDEBTEDNESS (Details Narrative

INDEBTEDNESS (Details Narrative)	Feb. 28, 2022USD ($)
Debt Disclosure [Abstract]
Accounts Payable, Related Parties, Current	$ 14,125