PostAds (PTAD) 10-Q 2 Jun 22 2021 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2021	Jun. 02, 2022
Cover [Abstract]
Entity Registrant Name	GLACIER WORLDWIDE, INC.
Entity Central Index Key	0001655971
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Small Business	true
Entity Shell Company	true
Entity Emerging Growth Company	false
Entity Current Reporting Status	No
Document Period End Date	Sep. 30, 2021
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
Entity Common Stock Shares Outstanding		100,617,900
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	333-208931
Entity Incorporation State Country Code	NV
Entity Tax Identification Number	35-2539888
Entity Interactive Data Current	No
Entity Address Address Line 1	10390 Santa Monica Boulevard
Entity Address City Or Town	Los Angeles
Entity Address State Or Province	CA
Entity Address Postal Zip Code	90025
City Area Code	310
Local Phone Number	359-6791

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Current Assets
Cash	$ 201,336	$ 0
Total current assets	201,336	0
Total Assets	201,336	0
Current Liabilities
Accounts payable and accrued liabilities	116,860	127,283
Due to related party	11,748	2,500
Total current liabilities	128,608	129,783
Total Liabilities	128,608	129,783
Stockholders' Equity (Deficit)
Series A Preferred stock: 10,000,000 shares authorized; $0.001 par value no shares issued and outstanding	0	0
Common stock: 150,000,000 shares authorized; $0.001 par value 100,076,400 shares issued and outstanding	100,076	100,076
Additional paid in capital	15,525	15,525
Subscriptions received- shares to be issued	270,750	0
Accumulated deficit	(313,623)	(245,384)
Total Stockholders' Equity (Deficit)	72,728	(129,783)
Total Liabilities and Stockholders' Equity (Deficit)	$ 201,336	$ 0

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2021	Dec. 31, 2020
Condensed Consolidated Balance Sheets
Series A preferred stock, shares authorized	10,000,000	10,000,000
Series A preferred stock, par value	$ 0.001	$ 0.001
Series A preferred stock, shares issued	0	0
Series A preferred stock, shares outstanding	0	0
Common stock, shares authorized	150,000,000	150,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	100,076,400	100,076,400
Common stock, shares outstanding	100,076,400	100,076,400

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		5 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2020	Sep. 30, 2021
Condensed Consolidated Statements of Operations (Unaudited)
Revenue	$ 0	$ 0	$ 0	$ 0
General and administrative	6,882	0	2,925	13,879
Marketing expense	0	0	0	14,904
Professional fees	9,900	76,520	87,139	39,287
Total Operating Expenses	16,782	76,520	90,064	68,070
Loss from operations	(16,782)	(76,520)	(90,064)	(68,070)
Other Income (Expense)
Interest expense	(34)	0	0	(169)
Net Other Expense	(34)	0	0	(169)
Loss Before Provision for Income Taxes	(16,816)	(76,520)	(90,064)	(68,239)
Provision for Income Taxes	0	0	0	0
Net Loss	$ (16,816)	$ (76,520)	$ (90,064)	$ (68,239)
Net loss per common share: Basic and Diluted	$ 0	$ 0	$ 0	$ 0
Weighted average number of common shares outstanding: Basic and Diluted	100,076,400	88,211,991	88,211,991	100,076,400

Condensed Consolidated Statem_2

Condensed Consolidated Statement of Changes in Stockholders Deficit (Unaudited) - USD ($)	Total	Common Stock	Additional Paid-In Capital	Common stock to be Issued [Member]	Retained Earnings (Accumulated Deficit)
Balance, amount at Apr. 22, 2020	$ 0	$ 0	$ 0	$ 0	$ 0
Issuance of common shares to founder, shares		78,000,000
Issuance of common shares to founder, amount	78,000	$ 78,000	0	0	0
Net loss	(13,544)	$ 0	0	0	(13,544)
Balance, shares at Jun. 30, 2020		78,000,000
Balance, amount at Jun. 30, 2020	64,456	$ 78,000	0	0	(13,544)
Balance, amount at Apr. 22, 2020	0	$ 0	0	0	0
Net loss	(90,064)
Debt forgiveness - related party	5,565
Balance, shares at Sep. 30, 2020		100,036,400
Balance, amount at Sep. 30, 2020	(26,225)	$ 100,036	5,565	10,000	(141,826)
Balance, shares at Jun. 30, 2020		78,000,000
Balance, amount at Jun. 30, 2020	64,456	$ 78,000	0	0	(13,544)
Net loss	(76,520)	$ 0	0	0	(76,520)
Reverse acquisition adjustment, shares		22,036,400
Reverse acquisition adjustment, amount	(29,726)	$ 22,036	0	0	(51,762)
Debt forgiveness - related party	5,565	0	5,565	0	0
Subscriptions received - shares to be issued	10,000	$ 0	0	10,000	0
Balance, shares at Sep. 30, 2020		100,036,400
Balance, amount at Sep. 30, 2020	(26,225)	$ 100,036	5,565	10,000	(141,826)
Balance, shares at Dec. 31, 2020		100,076,400
Balance, amount at Dec. 31, 2020	(129,783)	$ 100,076	15,525	0	(245,384)
Net loss	(13,484)	$ 0	0	0	(13,484)
Balance, shares at Mar. 31, 2021		100,076,400
Balance, amount at Mar. 31, 2021	(143,267)	$ 100,076	15,525	0	(258,868)
Balance, shares at Dec. 31, 2020		100,076,400
Balance, amount at Dec. 31, 2020	(129,783)	$ 100,076	15,525	0	(245,384)
Net loss	(68,239)
Debt forgiveness - related party	0
Balance, shares at Sep. 30, 2021		100,076,400
Balance, amount at Sep. 30, 2021	72,728	$ 100,076	15,525	270,750	(313,623)
Balance, shares at Mar. 31, 2021		100,076,400
Balance, amount at Mar. 31, 2021	(143,267)	$ 100,076	15,525	0	(258,868)
Net loss	(37,939)	0	0	0	(37,939)
Subscriptions received - shares to be issued	265,000	$ 0	0	265,000	0
Balance, shares at Jun. 30, 2021		100,076,400
Balance, amount at Jun. 30, 2021	83,794	$ 100,076	15,525	265,000	(296,807)
Net loss	(16,816)	0	0	0	(16,816)
Subscriptions received - shares to be issued	5,750	$ 0	0	5,750	0
Balance, shares at Sep. 30, 2021		100,076,400
Balance, amount at Sep. 30, 2021	$ 72,728	$ 100,076	$ 15,525	$ 270,750	$ (313,623)

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)	5 Months Ended	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss	$ (90,064)	$ (68,239)
Changes in current assets and liabilities:
Accounts payable and accrued liabilities	79,399	(10,423)
Expenses paid by related party	0	8,610
Net cash used in operating activities	(10,665)	(70,052)
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of subsidiary	781	0
Net cash provided by Investing Activities	781	0
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from advances payable -related party	50	655
Repayment of advances payable - related party	(160)	(17)
Proceed from stock subscriptions	10,000	270,750
Net cash provided by Financing Activities	9,890	271,388
Net cash increase for the period	6	201,336
Cash at beginning of period	0	0
Cash at end of period	6	201,336
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for income taxes	0	0
Cash paid for interest	0	0
NON-CASH INVESTING AND FINANCING ACTIVITIES
Debts forgiveness - related party	$ 5,565	$ 0

GOING CONCERN

GOING CONCERN	9 Months Ended
	Sep. 30, 2021
GOING CONCERN
GOING CONCERN	NOTE 1 – GOING CONCERN The accompanying consolidated financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America (“GAAP”), which contemplates the Company’s continuation as a going concern. The Company has incurred operating losses of $68,239 for the nine months ended September 30, 2021 and has an accumulated deficit of $313,623 as of September 30, 2021. Management intends to raise additional operating funds through equity and/or debt offerings. However, there can be no assurance management will be successful in its endeavors. There are no assurances that the Company will be able to either (1) achieve a level of revenues adequate to generate sufficient cash flow from operations; or (2) obtain additional financing through either private placement, shareholder loans, and/or bank financing necessary to support its working capital requirements. To the extent that funds generated from operations and any private placements, public offerings and/or bank financing are insufficient, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company. If adequate working capital is not available to the Company, it may be required to curtail or cease its operations. Due to uncertainties related to these matters, there exists a substantial doubt about the ability of the Company to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments related to the recoverability or classification of asset-carrying amounts or the amounts and classification of liabilities that may result should the Company be unable to continue as a going concern.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2021
SIGNIFICANT ACCOUNTING POLICIES
SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the unaudited interim consolidated 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 unaudited interim financial statements presented not misleading. The results of operations for such interim periods are not necessarily indicative of operations for a full year. The accompanying unaudited interim consolidated financial statements should be read in conjunction with the financial statements and related notes included in the Company’s Annual Report on Form 10-K, for the year ended December 31, 2020, as filed with the SEC on April 11, 2022. Principles of Consolidation The consolidated financial statements include the accounts of the Company and all of its wholly-owned subsidiary, Drnq Budz Inc. All significant inter-company balances and transactions have been eliminated in consolidation. Use of Estimates The preparation of consolidated financial statements in conformity with GAAP 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 amounts of expenses during the reporting period. Some of these judgments can be subjective and complex, and, consequently, actual results may differ from these estimates. Recent Accounting Pronouncements The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on our financial statements. Cash Cash consist of cash and highly liquid investments with remaining maturities of less than ninety days at the date of purchase. We maintain cash and cash equivalent balances with financial institutions that exceed federally-insured limits. We have not experienced any losses related to these balances, and we believe credit risk to be minimal. The Company does not have any cash equivalents.

RELATED PARTY CONSIDERATIONS

RELATED PARTY CONSIDERATIONS	9 Months Ended
	Sep. 30, 2021
RELATED PARTY CONSIDERATIONS
RELATED PARTY CONSIDERATIONS	NOTE 3 - RELATED PARTY CONSIDERATIONS During the nine months ended September 30, 2021, and the period ended September 30, 2020, a former related party advanced $155 and $50, and the Company repaid $17 and $160 of advances, respectively. During the nine months ended September 30, 2021, the Company’s Principal Executive Officer paid $8,610 of operating and marketing expenses on behalf of the Company and advanced $500 to the Company. As of September 30, 2021, and December 31, 2020, the Company was obliged to the officer, for an unsecured, noninterest bearing demand loan balance of $11,748 and $2,500, respectively.

STOCKHOLDERS EQUITY

STOCKHOLDERS EQUITY	9 Months Ended
	Sep. 30, 2021
STOCKHOLDERS EQUITY
STOCKHOLDERS EQUITY	NOTE 4 - STOCKHOLDERS’ EQUITY Preferred Stock The Company has authorized 10,000,000 preferred shares with a par value of $0.001 per share. The Board of Directors is authorized to divide the authorized shares of Preferred Stock into one or more series, each of which shall be so designated as to distinguish the shares thereof from the shares of all other series and classes. As of September 30, 2021 and December 31, 2020, the Company had no shares of Preferred Stock issued and outstanding. Common Stock The Company has authorized 150,000,000 common shares with a par value of $0.001 per share. Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholders of the corporation is sought. During the nine months ended September 30, 2021, there were no shares issued. As at September 30, 2021 and December 31, 2020, the Company had 100,076,400 shares of common stock issued and outstanding.

SUBSCRIPTIONS RECEIVED - SHARES

SUBSCRIPTIONS RECEIVED - SHARES TO BE ISSUED	9 Months Ended
	Sep. 30, 2021
SUBSCRIPTIONS RECEIVED - SHARES TO BE ISSUED
SUBSCRIPTIONS RECEIVED - SHARES TO BE ISSUED	NOTE 5 – SUBSCRIPTIONS RECEIVED – SHARES TO BE ISSUED During the nine months ended September 30, 2021 and the period April 22, 2022 (inception) to September 30, 2020, the Company had subscriptions of $270,750 and $10,000 for 541,500 and 40,000 shares of common stock, respectively. As of December 31, 2020, the subscription of 40,000 shares of common stock were issued. As of September 30, 2021, 541,500 shares of common stock were not yet issued and the Company recorded $270,750 as common stock to be issued.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2021
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 6 - SUBSEQUENT EVENTS Management has evaluated subsequent events through the date of filling these consolidated financial statements were available to be issued. In February 2022, the Company issued 541,500 shares of common stock for prior stock subscriptions received.

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2021
SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation	The accompanying unaudited interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the unaudited interim consolidated 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 unaudited interim financial statements presented not misleading. The results of operations for such interim periods are not necessarily indicative of operations for a full year. The accompanying unaudited interim consolidated financial statements should be read in conjunction with the financial statements and related notes included in the Company’s Annual Report on Form 10-K, for the year ended December 31, 2020, as filed with the SEC on April 11, 2022.
Principles of Consolidation	The consolidated financial statements include the accounts of the Company and all of its wholly-owned subsidiary, Drnq Budz Inc. All significant inter-company balances and transactions have been eliminated in consolidation.
Use of Estimates	The preparation of consolidated financial statements in conformity with GAAP 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 amounts of expenses during the reporting period. Some of these judgments can be subjective and complex, and, consequently, actual results may differ from these estimates.
Recent Accounting Pronouncements	The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on our financial statements.
Cash	Cash consist of cash and highly liquid investments with remaining maturities of less than ninety days at the date of purchase. We maintain cash and cash equivalent balances with financial institutions that exceed federally-insured limits. We have not experienced any losses related to these balances, and we believe credit risk to be minimal. The Company does not have any cash equivalents.

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	2 Months Ended	3 Months Ended				5 Months Ended	9 Months Ended
	Jun. 30, 2020	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Sep. 30, 2020	Sep. 30, 2021	Dec. 31, 2020
GOING CONCERN (Details Narrative)
Net Loss	$ (13,544)	$ (16,816)	$ (37,939)	$ (13,484)	$ (76,520)	$ (90,064)	$ (68,239)
Accumulated deficit		$ (313,623)					$ (313,623)	$ (245,384)

RELATED PARTY CONSIDERATIONS (D

RELATED PARTY CONSIDERATIONS (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Loan balance amount	$ 11,748		$ 2,500
Advance repayment from related parties	155	$ 50
Advances payable for related party	17	$ 160
Operating and Marketing Expenses [Member]
Advances payable for related party	8,610
Executive Officer [Member]
Advances payable for related party	$ 500

STOCKHOLDERS EQUITY (Details Na

STOCKHOLDERS EQUITY (Details Narrative) - $ / shares	Sep. 30, 2021	Dec. 31, 2020
STOCKHOLDERS EQUITY
Common stock shares, authorized	150,000,000	150,000,000
Common stock shares, issued	100,076,400	100,076,400
Common stock shares, outstanding	100,076,400	100,076,400
Common stock, par value	$ 0.001	$ 0.001
Preferred stock shares, authorized	10,000,000	10,000,000
Preferred stock, par value	$ 0.001	$ 0.001
Preferred Stock shares, issued	0	0
Preferred Stock shares, outstanding	0	0

SUBSCRIPTIONS RECEIVED SHARES T

SUBSCRIPTIONS RECEIVED SHARES TO BE ISSUED (Details Narrative) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
SUBSCRIPTIONS RECEIVED - SHARES TO BE ISSUED
Common stock unissued	541,500
Common stock issued	$ 270,750	$ 40,000
Stock subscription unissued shares	541,500	40,000
Subscription payable	$ 270,750	$ 10,000

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - shares	Feb. 28, 2022	Sep. 30, 2021	Dec. 31, 2020
Stock subscription unissued shares		541,500	40,000
Subsequent Event [Member]
Stock subscription unissued shares	541,500