Cover
Cover - shares | 6 Months Ended | |
Dec. 31, 2021 | Feb. 01, 2022 | |
Cover [Abstract] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Quarterly Report | true | |
Document Transition Report | false | |
Document Period End Date | Dec. 31, 2021 | |
Document Fiscal Period Focus | Q2 | |
Document Fiscal Year Focus | 2022 | |
Current Fiscal Year End Date | --06-30 | |
Entity File Number | 000-1528188 | |
Entity Registrant Name | Goff Corp. | |
Entity Central Index Key | 0001528188 | |
Entity Tax Identification Number | 27-3129919 | |
Entity Incorporation, State or Country Code | NV | |
Entity Address, Address Line One | 3535 Executive Terminal Drive | |
Entity Address, City or Town | Henderson | |
Entity Address, State or Province | NV | |
Entity Address, Postal Zip Code | 89052 | |
City Area Code | (702) | |
Local Phone Number | 840-4433 | |
Title of 12(b) Security | Common Stock, $.001 | |
Trading Symbol | GOFF | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | true | |
Elected Not To Use the Extended Transition Period | false | |
Entity Shell Company | true | |
Entity Common Stock, Shares Outstanding | 228,250,000 |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) | Dec. 31, 2021 | Jun. 30, 2021 |
CURRENT ASSETS | ||
Cash | ||
Prepaid expenses and other current assets | ||
Total current assets | ||
Total non-current assets | ||
TOTAL ASSETS | ||
CURRENT LIABILITIES | ||
Accounts payable – related party | 89,130 | 89,130 |
Accounts payable - officer | 20,220 | |
Accounts payable – non-related parties | 19,954 | |
Note payable – former officer | ||
Total current liabilities | 129,304 | 89,130 |
TOTAL LIABILITIES | 129,304 | 89,130 |
STOCKHOLDERS’ DEFICIT | ||
Series A Preferred stock, par value $0.001; 10,000,000 shares authorized; 10,000,000 and 5,000,000 shares issued and outstanding as of December 31, 2021 and June 30, 2021, respectively | 10,000 | 5,000 |
Common stock, par value $0.001; 1,875,000,000 shares authorized, 228,250,000 and 227,250,000 shares issued and outstanding as of December 31, 2021 and June 30, 2021, respectively | 228,250 | 227,250 |
Additional paid in capital | 19,974,300 | |
Accumulated deficit | (20,341,854) | (321,380) |
Total stockholders’ deficit | (129,304) | (89,130) |
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parenthetical) - $ / shares | Dec. 31, 2021 | Jun. 30, 2021 |
Statement of Financial Position [Abstract] | ||
Preferred Stock, Par or Stated Value Per Share | $ 0.001 | $ 0.001 |
Preferred Stock, Shares Authorized | 10,000,000 | 10,000,000 |
Preferred Stock, Shares Issued | 10,000,000 | 5,000,000 |
Preferred Stock, Shares Outstanding | 10,000,000 | 5,000,000 |
Common stock, par value | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 1,875,000,000 | 1,875,000,000 |
Common stock, shares issued | 228,250,000 | 227,250,000 |
Common stock, shares outstanding | 228,250,000 | 227,250,000 |
Consolidated Statements of Oper
Consolidated Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | 6 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2021 | Dec. 31, 2020 | |
Income Statement [Abstract] | ||||
REVENUES | ||||
COST OF REVENUES | ||||
GROSS PROFIT | ||||
OPERATING EXPENSES: | ||||
Professional fees | 19,890,000 | 20,014,352 | ||
General and administrative | 6,122 | |||
Total operating expenses | 19,890,000 | 20,020,474 | ||
LOSS FROM OPERATIONS BEFORE OTHER EXPENSES | (19,890,000) | (20,020,474) | ||
OTHER INCOME (EXPENSE): | ||||
Interest expense | ||||
Total other income (expense) | ||||
LOSS FROM OPERATIONS BEFORE BENEFIT (PROVISION) FOR INCOME TAXES | (19,890,000) | (20,020,474) | ||
BENEFIT (PROVISION) FOR INCOME TAXES | ||||
NET LOSS | $ (19,890,000) | $ (20,020,474) | ||
NET LOSS PER SHARE | ||||
Basic and diluted | $ (0.0872) | $ (0.0879) | ||
SHARES USED IN CALCULATION OF NET LOSS PER SHARE | ||||
Basic and diluted | 228,021,739 | 227,250,000 | 227,635,870 | 227,250,000 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows (Unaudited) - USD ($) | 6 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Cash flows from operating activities: | ||
Net loss | $ (20,020,474) | |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||
Consulting fees for preferred stock issued | 19,930,300 | |
Changes in assets and liabilities | ||
Prepaid expenses | ||
Accounts payable - officer | 20,220 | |
Accounts payable – non-related parties | 19,954 | |
Accounts payable and accrued expenses – related party | ||
Net cash provided by (used in) operating activities | (50,000) | |
Cash flows from financing activities: | ||
Proceeds from officer in consideration of preferred stock | 50,000 | |
Net cash provided by financing activities | 50,000 | |
NET INCREASE (DECREASE) IN CASH | ||
Cash - beginning of year | ||
Cash - end of year | ||
SUPPLEMENTAL DISCLOSURES: | ||
Cash paid for interest | ||
Cash paid for income taxes |
Consolidated Statement of Chang
Consolidated Statement of Changes in Shareholders' Deficit (Unaudited) - USD ($) | Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total |
Balances at September 30, 2021 at Jun. 30, 2020 | $ 5,000 | $ 227,225 | $ (314,514) | $ (82,264) | |
Beginning balance, shares at Jun. 30, 2020 | 5,000,000 | 227,250,000 | |||
Net loss for the period | |||||
Balances at December 31, 2021 at Dec. 31, 2020 | $ 5,000 | $ 227,250 | (314,514) | (82,264) | |
Ending balance, shares at Dec. 31, 2020 | 5,000,000 | 227,250,000 | |||
Balances at September 30, 2021 at Jun. 30, 2021 | $ 5,000 | $ 227,250 | (321,380) | (89,130) | |
Beginning balance, shares at Jun. 30, 2021 | 5,000,000 | 227,250,000 | |||
Issuance of preferred shares to officer for advances made to Company and for services rendered | $ 300 | 100,000 | 100,300 | ||
Issuance of preferred shares to officer for advances made to Company and for services rendered, shares | 300,000 | ||||
Net loss for the period | (130,474) | (130,474) | |||
Balances at December 31, 2021 at Sep. 30, 2021 | $ 5,300 | $ 227,250 | 100,000 | (451,854) | (119,304) |
Ending balance, shares at Sep. 30, 2021 | 5,300,000 | 227,250,000 | |||
Balances at September 30, 2021 at Jun. 30, 2021 | $ 5,000 | $ 227,250 | (321,380) | (89,130) | |
Beginning balance, shares at Jun. 30, 2021 | 5,000,000 | 227,250,000 | |||
Net loss for the period | (20,020,474) | ||||
Balances at December 31, 2021 at Dec. 31, 2021 | $ 10,000 | $ 228,250 | 19,974,300 | (20,341,854) | (129,304) |
Ending balance, shares at Dec. 31, 2021 | 10,000,000 | 228,250,000 | |||
Balances at September 30, 2021 at Sep. 30, 2021 | $ 5,300 | $ 227,250 | 100,000 | (451,854) | (119,304) |
Beginning balance, shares at Sep. 30, 2021 | 5,300,000 | 227,250,000 | |||
Issuance of common and preferred shares to officer for services rendered | $ 4,700 | $ 1,000 | 19,874,300 | 19,880,000 | |
Issuance of common and preferred shares to officer for services rendered, shares | 4,700,000 | 1,000,000 | |||
Net loss for the period | (19,890,000) | (19,890,000) | |||
Balances at December 31, 2021 at Dec. 31, 2021 | $ 10,000 | $ 228,250 | $ 19,974,300 | $ (20,341,854) | $ (129,304) |
Ending balance, shares at Dec. 31, 2021 | 10,000,000 | 228,250,000 |
NATURE OF OPERATIONS
NATURE OF OPERATIONS | 6 Months Ended |
Dec. 31, 2021 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
NATURE OF OPERATIONS | NOTE 1- NATURE OF OPERATIONS Nature of Operations Goff Corp. (the “Company”) was incorporated in the State of Nevada on July 12, 2010. The Company was an exploration stage mining company, that engaged in exploration and mining of mineral properties. They focused on gold and silver production. Since 2013, the Company has been dormant and in June 2021, a new custodian took over and will focus his efforts on developing a strategy for this company moving forward, including identifying suitable targets for acquisition. The Company had a subsidiary Golden Glory Resources, Inc. This entity was in the business of the aforementioned gold and silver production efforts. There has been no operations in this entity since 2013 until June 9, 2021 when custodianship was awarded to George Sharp. On June 9, 2021, custodianship of the Company was awarded to George Sharp. By Order dated June 14, 2021, all liabilities other than George Sharp’s judgement have been discharged by the Nevada District Court, Clark County. |
SUMMARY OF SIGNIFICANT ACCOUNTI
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 6 Months Ended |
Dec. 31, 2021 | |
Accounting Policies [Abstract] | |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | NOTE 2- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation These consolidated financial statements are presented as unaudited and in United States dollars and have been prepared in accordance with generally accepted accounting principles in the United States of America. The Company believes that these consolidated financial statements present fairly, in all material respects, the financial position of the Company and the results of its operations and cash flows for the periods presented. The consolidated financial statements include the accounts of the Company as well as their wholly owned subsidiary, Golden Glory Resources, Inc. All inter-company transactions have been eliminated in consolidation. The Company has a fiscal June 30 year end. |
STOCKHOLDERS_ DEFICIT
STOCKHOLDERS’ DEFICIT | 6 Months Ended |
Dec. 31, 2021 | |
Equity [Abstract] | |
STOCKHOLDERS’ DEFICIT | NOTE 3- STOCKHOLDERS’ DEFICIT There have been no common or preferred stock transactions since 2013 until August 29, 2021 when the Company issued 300,000 On October 22, 2021, the Company issued 1,000,000 4,700,000 19,880,000 All of the stock-based compensation was measured pursuant to ASC 718-10-50 at the fair value of the shares at the share price on the date of issuance. The preferred shares convert to common at a ratio of 1 share of preferred stock converts to 30 shares of common stock There are no As of December 31, 2021, all 10,000,000 228,250,000 |
ACCOUNTS PAYABLE - OFFICER
ACCOUNTS PAYABLE - OFFICER | 6 Months Ended |
Dec. 31, 2021 | |
Accounts Payable - Officer | |
ACCOUNTS PAYABLE - OFFICER | NOTE 4 – ACCOUNTS PAYABLE - OFFICER The Company had a judgment filed against them on July 23, 2012 by George Sharp in the amount of $ 57,450 28,049 85,499 3,631 89,130 The Company has incurred additional expenses in the six months ended December 31, 2021 that either have been paid by George Sharp or will be paid by George Sharp. Those advances are included in this account and are non-interest bearing. |
NOTE PAYABLE _ FORMER OFFICER
NOTE PAYABLE – FORMER OFFICER | 6 Months Ended |
Dec. 31, 2021 | |
Debt Disclosure [Abstract] | |
NOTE PAYABLE – FORMER OFFICER | NOTE 5 – NOTE PAYABLE – FORMER OFFICER The Company has $ 24,814 |
GOING CONCERN
GOING CONCERN | 6 Months Ended |
Dec. 31, 2021 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
GOING CONCERN | NOTE 6 – GOING CONCERN The Company concluded that due to the change in management and revival of the entity, these conditions raise substantial doubt about the Company’s ability to continue as a going concern for one year from the date the financial statements are issued. Management intends to identify potential merger candidates to provide operating revenues and profitability. Our ability to effectively identify, develop and implement a viable plan for our business may be hindered by risks and uncertainties which are beyond our control, including without limitation, the continued negative effects of the coronavirus pandemic on the U.S. and global economies. Even though management believes this plan will allow the Company to continue as a going concern, there are no guarantees to the successful execution of this plan. These financial statements of the Company have been prepared assuming that the Company will continue as a going concern, which contemplates, among other things, the realization of assets and the satisfaction of liabilities in the normal course of business over a reasonable period of time. Impact of COVID-19 The COVID-19 pandemic has not had a material impact on the Company, particularly due to our lack of operations. |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 6 Months Ended |
Dec. 31, 2021 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | NOTE 7 – SUBSEQUENT EVENTS On January 19, 2022, the Company registered with the Secretary of State in Nevada to change their name to Worldwide NFT Inc. |
SUMMARY OF SIGNIFICANT ACCOUN_2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 6 Months Ended |
Dec. 31, 2021 | |
Accounting Policies [Abstract] | |
Basis of Presentation | Basis of Presentation These consolidated financial statements are presented as unaudited and in United States dollars and have been prepared in accordance with generally accepted accounting principles in the United States of America. The Company believes that these consolidated financial statements present fairly, in all material respects, the financial position of the Company and the results of its operations and cash flows for the periods presented. The consolidated financial statements include the accounts of the Company as well as their wholly owned subsidiary, Golden Glory Resources, Inc. All inter-company transactions have been eliminated in consolidation. The Company has a fiscal June 30 year end. |
STOCKHOLDERS_ DEFICIT (Details
STOCKHOLDERS’ DEFICIT (Details Narrative) - USD ($) | Oct. 22, 2021 | Aug. 29, 2021 | Dec. 31, 2021 | Sep. 30, 2021 | Dec. 31, 2021 | Dec. 31, 2020 | Jun. 30, 2021 |
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||||||
Number of shares issued for services, value | $ 100,300 | ||||||
Number of shares converted | The preferred shares convert to common at a ratio of 1 share of preferred stock converts to 30 shares of common stock | ||||||
Stock options granted | 0 | 0 | |||||
Series A Preferred stock, shares authorized | 10,000,000 | 10,000,000 | 10,000,000 | ||||
Common stock, shares issued | 228,250,000 | 228,250,000 | 227,250,000 | ||||
Common stock, shares outstanding | 228,250,000 | 228,250,000 | 227,250,000 | ||||
Common Stock [Member] | |||||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||||||
Number of shares issued, during period | 1,000,000 | ||||||
Number of shares issued for services | |||||||
Number of shares issued for services, value | |||||||
George Sharp [Member] | |||||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||||||
Voting rights, description | the Company issued 300,000 shares of the authorized “blank check” preferred stock to George Sharp with 10,000 common votes for each share of preferred stock. | ||||||
Number of shares issued, during period | 300,000 | ||||||
Chief Executive Officer [Member] | Series A Preferred Stock [Member] | |||||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||||||
Number of shares issued for services | 4,700,000 | ||||||
Chief Executive Officer [Member] | Common Stock [Member] | |||||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||||||
Number of shares issued for services | 1,000,000 | ||||||
Number of shares issued for services, value | $ 19,880,000 |
ACCOUNTS PAYABLE - OFFICER (Det
ACCOUNTS PAYABLE - OFFICER (Details Narrative) - USD ($) | Dec. 31, 2021 | Jun. 30, 2021 | Jun. 09, 2021 | Jan. 05, 2021 | Jul. 23, 2012 |
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items] | |||||
Accounts payable, related party | $ 89,130 | $ 89,130 | |||
George Sharp [Member] | |||||
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items] | |||||
Accounts payable, related party | $ 89,130 | $ 85,499 | $ 57,450 | ||
Accrued interest | $ 3,631 | $ 28,049 |
NOTE PAYABLE _ FORMER OFFICER (
NOTE PAYABLE – FORMER OFFICER (Details Narrative) - USD ($) | Dec. 31, 2021 | Jun. 30, 2021 |
Short-term Debt [Line Items] | ||
Note payable, current | ||
Officer [Member] | Unsecured Non Interest Bearing Note [Member] | ||
Short-term Debt [Line Items] | ||
Note payable, current | $ 24,814 |