Organization and basis of accounting | Note 1 – Organization and basis of accounting Basis of Presentation and Organization Ketdarina Corp. was incorporated under the laws of the State of Nevada on July 13, 2011. Until November 19, 2014, we were in the business of wholesale of bedding products to industrial, commercial and institutional retailers, and other professional business users, or to other wholesalers and related subordinated services. On November 19, 2014, as reported in our Form 8-K which was filed with the Securities and Exchange Commission on November 28, 2014, the previous principal shareholders: (a) sold their shares to Western Highlands Minerals, Ltd., a Vietnamese corporation WHM); (b) resigned as our management and appointed WHMs designees as new management, (c) took over the inactive bedding business from us, and (d) cancelled all previous debt which we owed to them. Since the change of control, although engaging in ongoing discussions, WHM and its designees have not entered into any agreements or understandings by which we would acquire any assets or a business. On December 16, 2020, as a result of a receivership in Clark County, Nevada, Case Number: A-20-816621-B, Custodian Ventures LLC (Custodian) was appointed receiver of Ketdarina Corp. (the Company). On that same date, Custodian appointed David Lazar as the Companys Chief Executive Officer, President, Secretary, Chief Financial Officer, Chief Executive Officer and Chairman of the Board of Directors. On April 6, 2021, Custodian Ventures LLC (the Seller), entered into a Common Stock Purchase Agreement (the SPA) pursuant to which the Seller agreed to sell to Calgary Thunder Bay Limited (the Purchaser), the 71,260,000 On that same date, Mr. David Lazar, who was the Registrants sole officer and director, submitted his resignation from all management positions and appointed Brett Lovegrove as the sole director and officer of the Company. On May 7, 2021, by consent of the Companys sole director and Calgary Thunder Bay Limited, as majority shareholder, the Company amended its corporate name to ZHRH Corporation and the name change became effective on July 16, 2021. On July 16, 2021, the Company changed its trading symbol from KTDR to ZHEC. On October 4, 2021, the Board of Directors of the Company increased the size of the Board by two persons and appointed each James Purnell Bond and Aymar de Lencquesaing as directors of the Company effective as of October 4, 2021. On October 4, 2021, the Board of the Company adopted Amended and Restated Bylaws. On October 25, 2021, we entered into an amendment with Blue Oak Advisory Limited (Blue Oak) and Zhonguan Ruiheng Environmental Technology Company Limited (ZHRH China) (the Amendment), which was an amendment to an original agreement between ZHRH China and Blue Oak dated January 6, 2021, (the Original Agreement). The Company was not a party to the Original Agreement between ZHRH China and Blue Oak. The Amendment is effective as of October 25, 2021, and sets forth that Mr. Jean-Michel Doublet is to be appointed as the Companys Chief Executive Officer and Mr. Lionel Therond is to be appointed as the Companys Chief Financial Officer. The Amendment was entered into with the intent to set forth renumeration to be received by Mr. Jean-Michel Doublet and Mr. Lionel Therond in connection with any proposed business combination in which the Company acquires ZHRH China. The Company has not entered into any agreements, letters of intent or any other oral or written agreements in connection with any proposed business combination in which the Company acquires ZHRH China, other than the Amendment. There can be no assurance that the Company will enter into any letters of intent or any other oral or written agreements in connection with any proposed business combination in which the Company acquires ZHRH China, or that any such business combination can occur at all (the Proposed Business Combination). Pursuant to the Amendment, each Mr. Jean-Michel Doublet and Mr. Lionel Therond are to provide 25% of their working hours each week to their duties to the Company in exchange for the following: (i) Blue Oak is to receive an increased success fee under the Original Agreement upon consummation of the Proposed Business Combination, (ii) Mr. Jean-Michel Doublet and Mr. Lionel Therond are each to receive 0.5% of the Companys common stock on a fully diluted basis upon the occurrence of the Proposed Business Combination to vest 50% upon completion of the Proposed Business Combination and 50% 6 months thereafter and (iii) Mr. Jean-Michel Doublet and Mr. Lionel Therond are each to receive additional shares constituting 1.5% of the Companys then fully diluted common stock to vest upon the Companys uplisting to the OTCQB or Nasdaq. On October 25, 2021, Mr. Brett Lovegrove, who has served as the sole director and officer of the Company since April 13, 2021, resigned from all officer positions with the Company effective on the same date. On October 25, 2021, the Board of Directors of the Company took the following actions: (i) appointed Mr. Jean-Michel Doublet as the Companys Chief Executive Officer, (ii) appointed Mr. Lionel Therond as the Companys Chief Financial Officer and (iii) appointed Mr. Brett Lovegrove as the Chairman of the Board, all effective on the same date. Mr. Doublet is a beneficial owner of 60% of Blue Oak and is the Chief Executive Officer of Blue Oak. Mr. Lionel Therond is a beneficial owner of 40% of Blue Oak and is a director at Blue Oak. Blue Oak is set to receive remuneration from the Company in connection with the Proposed Business Combination pursuant to the Original Agreement. The accompanying condensed financial statements are prepared on the basis of accounting principles generally accepted in the United States of America (GAAP). The Company is a development stage enterprise devoting substantial efforts to establishing a new business, financial planning, raising capital, and research into products which may become part of the Companys product portfolio. The Company has not realized significant sales through since inception. A development stage company is defined as one in which all efforts are devoted substantially to establishing a new business and, even if planned principal operations have commenced, revenues are insignificant. |