Next Meats (NXMH) 10-Q 27 Sep 21 2022 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Jul. 31, 2021	Sep. 27, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Period End Date	Jul. 31, 2021
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--04-30
Entity File Number	000-56167
Entity Registrant Name	Next Meats Holdings, Inc.
Entity Central Index Key	0001811530
Entity Tax Identification Number	85-4008709
Entity Incorporation, State or Country Code	NV
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
Shares Outstanding as of September 27, 2021		500,000,000

Balance Sheets

Balance Sheets - USD ($)	Jul. 31, 2021	Apr. 30, 2021
Noncurrent Assets
Stock	$ 187,500
TOTAL ASSETS	187,500
Current Liabilities
Accrued expenses	5,800	9,700
Total Current Liabilities	5,800	9,700
TOTAL LIABILITIES	5,800	9,700
Preferred Stock ($.001 par value, 20,000,000 shares authorized and 0 shares issued and outstanding as of July 31, 2021 and April 30, 2021)
Common stock ($.001 par value, 500,000,000 shares authorized and 500,000,000 shares issued and outstanding as of July 31, 2021 and April 30, 2021)	500,000	500,000
Additional paid-in capital	5,880,316,515	5,880,112,830
Accumulated deficit	(5,880,634,815)	(5,880,622,530)
Total Stockholders’ Equity (Deficit)	181,700	(9,700)
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY (DEFICIT)	$ 187,500

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical)	Jul. 31, 2021$ / sharesshares
Statement of Financial Position [Abstract]
preferred stock par value | $ / shares	$ 0.001
preferred stock authorized	20,000,000
preferred stock issued and outstanding	0
Common stock par value | $ / shares	$ 0.001
common stock authorized	500,000,000
common stock issued and outstanding	500,000,000

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Jul. 31, 2021	Jul. 31, 2020
Operating expenses
General and administrative expenses	$ 12,285	$ 1,850
Total operating expenses	12,285	1,850
Net loss	$ (12,285)	$ (1,850)
Basic and Diluted net loss per common share	$ 0	$ 0
Weighted average number of common shares outstanding - Basic and Diluted	500,000,000	10,000,000

Statements of Changes in Stockh

Statements of Changes in Stockholders' Deficit (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Income (Loss), Derivative Qualifying as Hedge, Excluded Component, Including Portion Attributable to Noncontrolling Interest [Member]	Total
Balances, July 31, 2021	$ 10,000	$ 2,885	$ (14,510)	$ (1,625)
Shares Outstanding				10,000,000
Balances, April 30, 2021 at Apr. 30, 2020	10,000	2,885	(14,510)	$ (1,625)
Shares Outstanding at Apr. 30, 2020				10,000,000
Expenses paid on behalf of the Company and contributed to capital		1,625		$ 1,625
Net loss			(1,850)	(1,850)
Balances, July 31, 2021	10,000	4,510	(16,360)	$ (1,850)
Shares Outstanding				10,000,000
Balances, July 31, 2021	500,000	5,880,112,830	(5,880,622,530)	$ (9,700)
Shares Outstanding				500,000,000
Balances, April 30, 2021 at Apr. 30, 2021	500,000	5,880,112,830	(5,880,622,530)	$ (9,700)
Shares Outstanding at Apr. 30, 2021				500,000,000
Expenses paid on behalf of the Company and contributed to capital		203,685		$ 203,685
Net loss			(12,285)	(12,285)
Balances, July 31, 2021	$ 500,000	$ 5,880,316,515	$ (5,880,634,815)	$ 181,700
Shares Outstanding				500,000,000

Statements of Changes in Stoc_2

Statements of Changes in Stockholders' (Deficit) Continued - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Income (Loss), Derivative Qualifying as Hedge, Excluded Component, Including Portion Attributable to Noncontrolling Interest [Member]	Total
Shares Outstanding				10,000,000
Balances, July 31, 2020	$ 10,000	$ 2,885	$ (14,510)	$ (1,625)
Balances, April 30, 2021 at Apr. 30, 2020	10,000	2,885	(14,510)	(1,625)
Expenses paid on behalf of the Company and contributed to capital		1,625		1,625
Net loss			(1,850)	$ (1,850)
Shares Outstanding				10,000,000
Balances, July 31, 2020	10,000	4,510	(16,360)	$ (1,850)
Shares Outstanding				500,000,000
Balances, July 31, 2020	500,000	5,880,112,830	(5,880,622,530)	$ (9,700)
Balances, April 30, 2021 at Apr. 30, 2021	500,000	5,880,112,830	(5,880,622,530)	(9,700)
Expenses paid on behalf of the Company and contributed to capital		203,685		203,685
Net loss			(12,285)	$ (12,285)
Shares Outstanding				500,000,000
Balances, July 31, 2020	$ 500,000	$ 5,880,316,515	$ (5,880,634,815)	$ 181,700

Statement of Cash Flows (Unaudi

Statement of Cash Flows (Unaudited) - USD ($)	3 Months Ended		16 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021
Statement of Cash Flows [Abstract]
Net loss	$ (12,285)	$ (1,850)	$ 5,880,634,815
Changes in current assets and liabilities:
Accrued expenses	(3,900)	225
Net cash used in operating activities	(16,185)	(1,625)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of stock	(187,500)
Net cash used in investing activities	(187,500)
CASH FLOWS FROM FINANCING ACTIVITIES
Expenses contributed to capital	203,685	1,625
Net cash provided by financing activities	203,685	1,625
Net change in cash	0	0
Beginning cash balance	0	0
Ending cash balance	0	0	$ 0
Interest paid	0	0
Income taxes paid	$ 0	$ 0

Note 1 Organization and Descrip

Note 1 Organization and Description of Business	3 Months Ended
	Jul. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Note 1 Organization and Description of Business	Note 1 Organization and Description of Business Next Meats Holdings, Inc. (we, us, our, or the "Company"), formerly known as Turnkey Solutions, Inc., was incorporated on April 15, 2020 in the State of Nevada. On April 15, 2020, Paul Moody was appointed Chief Executive Officer, Chief Financial Officer, and Director of the Company, at the time known as “Turnkey Solutions, Inc.” On October 1, 2020, the Company, at the time known as “Turnkey Solutions, Inc.” (the “Company” or “Successor”) announced on Form 8-K plans to participate in a holding company reorganization (“the Reorganization” or “Merger”) with Intermedia Marketing Solutions, Inc. (“IMMM” or “Predecessor”) and Intermedia Marketing Solutions Merger Sub, Inc. (“Merger Sub”) collectively (the “Constituent Corporations”) pursuant to NRS 92A.180, NRS A.200, NRS 92A.230 and NRS 92A.250. Immediately prior to the Reorganization, the Company was a direct and wholly owned subsidiary of Intermedia Marketing Solutions, Inc. and Intermedia Marketing Solutions Merger Sub, Inc. was a direct and wholly owned subsidiary of the Company. The effective date and time of the Reorganization was October 28, 2020 at 4PM PST (the “Effective Time”). The entire plan of Merger is on file with Nevada Secretary of State (“NSOS”) and included in the Articles of Merger pursuant to NRS 92A.200 Nevada Secretary of State (“NSOS”) and attached to and made a part thereof to the Articles of Merger pursuant to NRS 92A.200 filed with NSOS on October 16, 2020. At the Effective Time, Predecessor merged with and into its indirect and wholly owned subsidiary, Merger Sub with Predecessor as the surviving corporation resulting in Predecessor as a wholly owned subsidiary of the Company. Concurrently and after the Effective Time, the Company cancelled all of its stock held in Predecessor resulting in the Company as a stand-alone and separate entity with no subsidiaries, no assets and negligible liabilities. The assets and liabilities of Predecessor, if any, remain with Predecessor. The Company has abandoned the business plan of its Predecessor and resumed its former business plan of a blank check company after completion of the Merger. Full details pertaining to the Reorganization can be viewed in the Company’s Form 8-K filed on October 29, 2020. On November 18, 2020 our former controlling shareholder, Flint Consulting Services, LLC sold 35,000,000 shares of common stock to Next Meats Co., Ltd a Japan Company. Collectively, the majority shareholders of Next Meats Co., Ltd are comprised of Ryo Shirai, Hideyuki Sasaki, and Koichi Ishizuka. The Purchase Price was paid with personal funds of the majority shareholders of NMC. On the same day, November 18, 2020, Paul Moody resigned from his position of Chief Executive Officer, Chief Financial Officer, President, Secretary, Treasurer and Director. Simultaneous to Paul Moody’s resignations Ryo Shirai was appointed as our Chief Executive Officer and Director, Hideyuki Sasaki as our Chief Operating Officer and Director, and Koichi Ishizuka as our Chief Financial Officer. On January 8, 2021 our majority shareholder, Next Meats Co., Ltd., a Japan Company, along with our Board of Directors, comprised of Mr. Koichi Ishizuka, Mr. Ryo Shirai, and Mr. Hideyuki Sasaki, took action to ratify, affirm, and approve a name change of the Company from Turnkey Solutions, Inc., to Next Meats Holdings, Inc. The Company filed a Certificate of Amendment with the Nevada Secretary of State (“NVSOS”) to enact the name change with an effective date of January 19, 2021. This was previously disclosed in the Form 8-K we filed on January 25, 2021. Also on January 8, 2021, our majority shareholder Next Meats Co., Ltd., along with our Board of Directors took action to ratify, affirm, and approve a change of the Company’s ticker symbol from TKSI to NXMH. Pursuant to the above, the Company carried out a FINRA corporate action. As a result of the aforementioned actions the Company’s CUSIP number was changed from 90043H102 to 65345L 100. The change in CUSIP, name change, and symbol change were posted on the FINRA daily list on January 25, 2021 with a market effective date of January 26, 2021. On January 28, 2021, our majority shareholder, Next Meats Co., Ltd., along with our Board of Directors took action to ratify, affirm, and approve the issuance of 452,352,298 shares of restricted common stock to Next Meats Co., Ltd. The shares were issued for services rendered to the Company. Following this issuance we now have 500,000,000 shares of common stock issued and outstanding. On June 9, 2021 the Company entered into a “Share Cancellation and Exchange Agreement” (referred to herein as “the Agreement”) with Next Meats Co., Ltd., a Japan Company. Next Meats Co., Ltd. is referred to herein as “NMCO”, and Next Meats Holdings, Inc., is referred to herein as “the Company”, and or “NXMH.” The current shareholders of Next Meats Co., Ltd. are referred to herein as “NMCO shareholders”. Pursuant to the agreement, at the effective time of the agreement, NXMH shall acquire NMCO as a wholly owned subsidiary and commensurate with this action, there shall be a conversion of the NXMH Percentile Share Interest in exchange for the Company’s 100% percentile share interest in NMCO. Immediately prior to the Effective Time, (defined below) each NMCO shareholder shall cancel and exchange their percentile share interest in NMCO for an equivalent percentile share interest in NXMH pursuant to each NMCO shareholder’s pro rata percentage set forth on the chart below (the “Cancellation and Exchange”). At the Effective Time, NMCO shall issue NXMH 1,000 shares of its common stock. Effective Time: Effective Time The aforementioned parties hereto intend that the reorganization contemplated by this Agreement shall constitute a tax-free organization pursuant to Section 368(a)(1) of the Internal Revenue Code. As of July 31, 2021, the Company had not yet commenced any operations. The Company has elected April 30th as its year end.

Note 2 Summary of Significant A

Note 2 Summary of Significant Accounting Policies	3 Months Ended
	Jul. 31, 2021
Accounting Policies [Abstract]
Note 2 Summary of Significant Accounting Policies	Note 2 Summary of Significant Accounting Policies Basis of Presentation This summary of significant accounting policies is presented to assist in understanding the Company's financial statements. These accounting policies conform to accounting principles, generally accepted in the United States of America, and have been consistently applied in the preparation of the financial statements. The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and the rules of the Securities and Exchange Commission (“SEC”) and should be read in conjunction with the unaudited financial statements and notes thereto contained in the Company’s most recent Annual Financial Statements In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim period presented have been reflected herein. The results of operations for the interim period are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements, which would substantially duplicate the disclosures contained in the unaudited financial statements for the most recent fiscal period, as reported in the 2021 Annual Report, have been omitted. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles 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 revenues and expenses during the reporting period. In the opinion of management, all adjustments necessary in order to make the financial statements not misleading have been included. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Cash and cash equivalents at July 31, 2021 and April 30, 2021 were $0. Income Taxes The Company accounts for income taxes under ASC 740, “ Income Taxes Basic Earnings (Loss) Per Share The Company computes basic and diluted earnings (loss) per share in accordance with ASC Topic 260, Earnings per Share The Company does not have any potentially dilutive instruments as of July 31, 2021 and, thus, anti-dilution issues are not applicable. Fair Value of Financial Instruments The Company’s balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization. ASC 820, Fair Value Measurements and Disclosures - Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. - Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means. - Level 3 - Inputs that are both significant to the fair value measurement and unobservable. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of July 31, 2021. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. These financial instruments include accrued expenses. Related Parties The Company follows ASC 850, Related Party Disclosures, Share-Based Compensation ASC 718, “ Compensation – Stock Compensation The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, “ Equity – Based Payments to Non-Employees.” The Company had no stock-based compensation plans as of July 31, 2021. The Company’s stock based compensation for the periods ended July 31, 2021 and July 31, 2020 were $0 for both periods. Recently Issued Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). ASU 2016-02 We have no assets and or leases and do not believe we will be impacted in the foreseeable future by the newly adopted accounting standard(s) mentioned above. The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new pronouncements that have been issued that might have a material impact on its financial position or results of operations. -F5- Table of Contents

Note 3 Going Concern

Note 3 Going Concern	3 Months Ended
	Jul. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Note 3 Going Concern	Note 3 Going Concern The Company’s financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern that contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company demonstrates adverse conditions that raise substantial doubt about the Company's ability to continue as a going concern for one year following the issuance of these financial statements. These adverse conditions are negative financial trends, specifically operating loss, working capital deficiency, and other adverse key financial ratios. The Company has not established any source of revenue to cover its operating costs. Management plans to fund operating expenses with related party contributions to capital. There is no assurance that management's plan will be successful. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event that the Company cannot continue as a going concern.

Note 4 Income Taxes

Note 4 Income Taxes	3 Months Ended
	Jul. 31, 2021
Income Tax Disclosure [Abstract]
Note 4 Income Taxes	Note 4 Income Taxes The Company has not recognized an income tax benefit for its operating losses generated based on uncertainties concerning its ability to generate taxable income in future periods. The tax benefit for the period presented is offset by a valuation allowance established against deferred tax assets arising from the net operating losses, the realization of which could not be considered more likely than not. In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not. As of July 31, 2021, the Company has incurred a net loss of approximately $ 5,880,634,815 1,234,933,311

Note 5 Commitments and Continge

Note 5 Commitments and Contingencies	3 Months Ended
	Jul. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Note 5 Commitments and Contingencies	Note 5 Commitments and Contingencies The Company follows ASC 450-20, Los Contingencies, uly 31, 2021.

Note 6 Stock

Note 6 Stock	3 Months Ended
	Jul. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Note 6 Stock	Note 6 Stock On July 20, 2021, Catapult Solutions, Inc., a Nevada Corporation (“Catapult”), entered into a Share Purchase Agreement (the “Agreement”) by and among CRS Consulting, LLC, a Wyoming Limited Liability Company (“CRS”), related party White Knight Co., Ltd., (“WKC”), and the Company, pursuant to which, on July 23, 2021, (“Closing Date”), for the purchase price of $375,000, CRS sold 10,000 shares of Catapult’s Series Z Preferred Stock, representing approximately 81.20% voting control of Catapult; 5,000 shares of Series Z Preferred Stock were transferred to WKC and 5,000 shares of Series Z Preferred Stock were transferred to the Company. WKC paid consideration of $187,500 and related party, Next Meats Co., Ltd, paid the remaining $187,500 on behalf of the Company. The consummation of the transactions contemplated by the Agreement resulted in a change in control of Catapult, with WKC and the Company becoming Catapult’s largest controlling stockholders, having approximately 80.20% combined voting control over Catapult. Pursuant to the Agreement, on July 23, 2021, the former Directors of Catapult resigned their positions and, on that same date, our CFO and Director, Mr. Koichi Ishizuka, was appointed as Catapult’s Chief Executive Officer, Chief Financial Officer, President, Secretary, Treasurer, and Director. The purpose of the acquisition of the shares was to acquire control of Catapult, which at that time was, and on the date hereof is, a shell company as defined in Rule 12b-2 of the Exchange Act with no operating business. The Company is exploring various business opportunities with respect to Catapult Solutions, Inc. Subsequent to the above, Catapult Solutions, Inc. changed its name to Dr. Foods, Inc.

Note 7 Accrued Expenses

Note 7 Accrued Expenses	3 Months Ended
	Jul. 31, 2021
Payables and Accruals [Abstract]
Note 7 Accrued Expenses	Note 7 Accrued Expenses Accrued expenses totaled $ 5,800 9,700

Note 8 Shareholders_ Equity

Note 8 Shareholders’ Equity	3 Months Ended
	Jul. 31, 2021
Equity [Abstract]
Note 8 Shareholders’ Equity	Note 8 Shareholders’ Equity Preferred Stock The authorized preferred stock of the Company consists of 20,000,000 shares with a par value of $0.001. There were no shares issued and outstanding as of July 31, 2021 and April 30, 2021. Common Stock The authorized common stock of the Company consists of 500,000,000 shares with a par value of $0.001. There were 500,000,000 shares of common stock issued and outstanding as of July 31, 2021 and April 30, 2021. As of July 31, 2021, our majority shareholder, Next Meats Co., Ltd. holds 487,352,298 shares of common stock or approximately 97.47% of common shares issued and outstanding. Additional Paid-In Capital During the period ended July 31, 2021, the Company’s majority shareholder, Next Meats Co., Ltd. paid expenses on behalf of the Company totaling $16,185 and purchased stock on behalf of the Company totaling $187,500 (Note 6). The $203,685 in total payments are considered contributions to the company with no expectation of repayment and are posted as additional paid-in capital.

Note 9 Related-Party Transactio

Note 9 Related-Party Transactions	3 Months Ended
	Jul. 31, 2021
Related Party Transactions [Abstract]
Note 9 Related-Party Transactions	Note 9 Related-Party Transactions Office Space We utilize the office space and equipment of our management at no cost.

Note 10 Subsequent Events

Note 10 Subsequent Events	3 Months Ended
	Jul. 31, 2021
Subsequent Events [Abstract]
Note 10 Subsequent Events	Note 10 Subsequent Events Subsequent to July 31, 2021, our majority shareholder, Next Meats Co., Ltd., paid expenses on behalf of the Company totaling $20,200. The payments are considered contributions to the company with no expectation of repayment and are posted as additional paid-in capital. On or about September 17, 2021, we incorporated NextMeats France, a French Company, that will act as a wholly owned subsidiary of the Company. We intend to utilize Next Meats France to, amongst other things, operate as a reseller and distributor, in France and throughout Europe, of food products currently offered by Next Meats Co., Ltd., a Japanese Company. There are currently no agreements in place between Next Meats Co., Ltd. and NextMeats France, however each entity is currently under common control and shares the same management team.

Note 2 Summary of Significant_2

Note 2 Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Jul. 31, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation This summary of significant accounting policies is presented to assist in understanding the Company's financial statements. These accounting policies conform to accounting principles, generally accepted in the United States of America, and have been consistently applied in the preparation of the financial statements. The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and the rules of the Securities and Exchange Commission (“SEC”) and should be read in conjunction with the unaudited financial statements and notes thereto contained in the Company’s most recent Annual Financial Statements In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim period presented have been reflected herein. The results of operations for the interim period are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements, which would substantially duplicate the disclosures contained in the unaudited financial statements for the most recent fiscal period, as reported in the 2021 Annual Report, have been omitted.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles 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 revenues and expenses during the reporting period. In the opinion of management, all adjustments necessary in order to make the financial statements not misleading have been included. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Cash and cash equivalents at July 31, 2021 and April 30, 2021 were $0.
Income Taxes	Income Taxes The Company accounts for income taxes under ASC 740, “ Income Taxes
Basic Earnings (Loss) Per Share	Basic Earnings (Loss) Per Share The Company computes basic and diluted earnings (loss) per share in accordance with ASC Topic 260, Earnings per Share The Company does not have any potentially dilutive instruments as of July 31, 2021 and, thus, anti-dilution issues are not applicable.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company’s balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization. ASC 820, Fair Value Measurements and Disclosures - Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. - Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means. - Level 3 - Inputs that are both significant to the fair value measurement and unobservable. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of July 31, 2021. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. These financial instruments include accrued expenses.
Related Parties	Related Parties The Company follows ASC 850, Related Party Disclosures,
Share-Based Compensation	Share-Based Compensation ASC 718, “ Compensation – Stock Compensation The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, “ Equity – Based Payments to Non-Employees.” The Company had no stock-based compensation plans as of July 31, 2021. The Company’s stock based compensation for the periods ended July 31, 2021 and July 31, 2020 were $0 for both periods.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). ASU 2016-02 We have no assets and or leases and do not believe we will be impacted in the foreseeable future by the newly adopted accounting standard(s) mentioned above. The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Note 4 Income Taxes (Details Na

Note 4 Income Taxes (Details Narrative) - USD ($)	3 Months Ended		16 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021
Income Tax Disclosure [Abstract]
net loss	$ (12,285)	$ (1,850)	$ 5,880,634,815
deferred tax asset	$ 1,234,933,311		$ 1,234,933,311

Note 7 Accrued Expenses (Detail

Note 7 Accrued Expenses (Details Narrative) - USD ($)	Jul. 31, 2021	Apr. 30, 2021
Payables and Accruals [Abstract]
accrued expenses	$ 5,800	$ 9,700