| Subsequent Events | Note 7 - Subsequent Events Subsequent events
have been evaluated through the date these financial statements were issued no
other Item 2. Management’s Discussion and Analysis
of Financial Condition and Results of Operations. THE FOLLOWING DISCUSSION OF OUR PLAN OF OPERATION
AND RESULTS OF OPERATIONS SHOULD BE READ IN CONJUNCTION WITH THE FINANCIAL STATEMENTS AND RELATED NOTES TO THE FINANCIAL STATEMENTS INCLUDED
ELSEWHERE IN THIS REPORT. THIS DISCUSSION CONTAINS FORWARD-LOOKING STATEMENTS THAT RELATE TO FUTURE EVENTS OR OUR FUTURE FINANCIAL PERFORMANCE.
THESE STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS THAT MAY CAUSE OUR ACTUAL RESULTS, LEVELS OF ACTIVITY,
PERFORMANCE OR ACHIEVEMENTS TO BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS, LEVELS OF ACTIVITY, PERFORMANCE OR ACHIEVEMENTS EXPRESSED
OR IMPLIED BY THESE FORWARD-LOOKING STATEMENTS. THESE RISKS AND OTHER FACTORS INCLUDE, AMONG OTHERS, THOSE LISTED UNDER “FORWARD-LOOKING
STATEMENTS” AND “RISK FACTORS” AND THOSE INCLUDED ELSEWHERE IN THIS REPORT. We provide an internet interactive
software to allow consumers that need credit repair to track all the monthly payments they make and pay all their bills on-time. Once
a consumer begins to use the Ecrid bill pay system, the system rewards them with an ECRID
credit rating of up to 900 points. Each time the consumer does not pay a bill on-time, Ecrid subtracts points from the credit rating Ecrid
assigns the consumer. Maintaining a high Ecrid score will enable the consumer lenders to buy a car, house or other payment related things. Our founder and sole officer and director,
Cleveland Gary, who has education in Business Administration and over 25 years of work experience in business administration, currently
handles all facets of the Company's operations, and our strategic development. The Company developed a credit
report monitoring software that gives lenders a sound up to date credit report that validates the members credit worthiness. Within the
scope of each member's credit report, Ecrid Credit Tool Analysis provides to the lender a comprehensive analysis report that validates
the members credit worthiness along with their ability to assure monthly payments can be made on time based upon each member's income
to debt ratio. Inclusive of the credit evaluation software is the Ecrid Bill Pay feature where each member can pay their bill and have
it processed to avoid late payments. In addition, each member will receive a monthly alert to inform them of their Ecrid Credit Score
through the Ecrid Score Monitoring feature. The process for creating and
the related online software, database and system becomes popular and more and more clients seeking to be able to borrow funds will begin
using the Ecrid scoring system. For purposes of demand and marketability, choosing a format that is currently on the demand is vital (consumers
are desperate to borrow funds to assist their finances), and this is why a proper needs assessment is essential. We consider it the most
important aspect of the entire process. Next, we determine the feasibility
of making our product a success. We consider our product a success when the members are getting approved for a home, car, credit card,
personal loan and other products and services that can be financed within each member's income to debt ratio range. With using the Ecrid
Credit Analysis Tool, it creates for the borrower and lender a win/win situation because the borrower chances of defaulting on the loan
is highly unlikely because the approval is based on what each member can afford to pay. Basically, a successful payment
plan is created through the Ecrid Credit Analysis Tool for each member to succeed in making their monthly payments on time from the beginning
to the end of the loan agreement. The Ecrid System makes it easier for the Lender to trust giving the borrower a credit approval because
the lender is assured the borrower has the ability to pay off the evaluation from the Ecrid Credit Analysis Tool. Results of Operations For the Three Months Ended September 30, 2022 and
2021: Revenue The Company did not record revenue for the three months
ended September 30, 2022 and 2021, respectively. Operating Expenses Operating expenses for the three months ended September
30, 2021, were $15,369, as compared to $87,163 for the three months ended September 30, 2021. The decrease is primarily attributable to
lower software development expenses. Net Loss The Company recorded a net loss for the three months
ended September 30, 2022 and 2021, respectively of $15,369 and $87,163. The decrease is primarily attributable to lower software development
expenses. For the Six Months Ended September 30, 2022 and
2021: Revenue The Company did not earn revenue for the six months
ended September 30, 2022 and 2021, respectively. Operating Expenses Operating expenses for the six months ended September
30, 2022, were $19,663 as compared to $87,163 for the six months ended September 30, 2021 due to lower software development expenses. Net Loss The Company recorded a net loss for the six months
ended September 30, 2022 and 2021, respectively of $19,663 and $87,163. The decrease is primarily attributable to lower software development
expenses. Liquidity and Capital Resources At September 30, 2022, we had a working capital deficit
of $32,139 primarily due to the net loss of $19,663. Inflation did not have a material impact on the Company’s
operations for the applicable period. Other than the foregoing, management knows of no trends, demands, or uncertainties that are reasonably
likely to have a material impact on the Company’s results of operations. Net Cash Net cash provided by operating activities for the
six months ended September 30, 2022 was $16,631, and net cash used in operations was $87,163 for the six months ended September 30, 2021. Going Concern Analysis The Company had a net loss of $19,663 and $87,163
for the six months ended September 30, 2022 and 2021, respectively. On September 30, 2022, we had cash and cash equivalents of approximately
$26,650, a working capital deficit of $32,139 and an accumulated deficit of $9,443,585. We have evaluated the significance of these conditions
in relation to our ability to meet our obligations and believe that we will be successful in raising capital that will provide the funds
necessary to fund operations and enhance the production of revenue. As of September 30, 2022, the Company had no off-balance
sheet arrangements. Not required. Item 4. Controls and Procedures Evaluation of Disclosure Controls and Procedures Our management, the Chief Executive
Officer and Chief Financial Officer, evaluated the effectiveness of our disclosure controls and procedures as of the end of the period
covered by this Quarterly Report on Form 10-Q. For purposes of this section, the term disclosure controls and procedures Based upon that evaluation, our
Chief Executive Officer and Chief Financial Officer has concluded that, as of September 30, 2022, the end of the period covered by this
report, our disclosure controls and procedures were effective at a reasonable assurance level. Inherent Limitations on the Effectiveness of Controls Management does not expect that
our disclosure controls and procedures or our internal control over financial reporting will prevent or detect all errors and all fraud.
A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives
of the control systems are met. Further, the design of a control system must reflect the fact that there are resource constraints, and
the benefits of controls must be considered relative to their costs. Because of the inherent limitations in a cost-effective control system,
no evaluation of internal control over financial reporting can provide absolute assurance that misstatements due to error or fraud will
not occur or that all control issues and instances of fraud, if any, have been or will be detected. These inherent limitations include
the realities that judgments in decision-making can be faulty and that breakdowns can occur because of a simple error or mistake. Controls
can also be circumvented by the individual acts of some persons, by collusion of two or more people, or by management override of the
controls. The design of any system of controls is based in part on certain assumptions about the likelihood of future events, and there
can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Projections of any
evaluation of controls effectiveness to future periods are subject to risks. Over time, controls may become inadequate because of changes
in conditions or deterioration in the degree of compliance with policies or procedures. Changes in Internal Control Over Financial Reporting In addition, our management with
the participation of our principal executive officer and principal financial officer have determined that no change in our internal control
over financial reporting (as that term is defined in Rules 13(a)-15(f) and 15(d)-15(f) of the Exchange Act) occurred during the quarter
ended September 30, 2022 that has materially affected, or is reasonably likely to materially affect, our internal control over financial
reporting. The Company is not involved in any disputes and does
not have any litigation matters pending which the Company believes could have a materially adverse effect on the Company’s financial
condition or results of operations. There is no action, suit, proceeding, inquiry or investigation before or by any court, public board,
government agency, self-regulatory organization or body pending or, to the knowledge of the executive officers of our Company or any of
our subsidiaries, threatened against or affecting our Company, our common stock, any of our subsidiaries or of our Company’s or
our Company’s subsidiaries’ officers or directors in their capacities as such, in which an adverse decision could have a material
adverse effect. However, from time to time, we may become involved
in various lawsuits and legal proceedings which arise in the ordinary course of business. Litigation is subject to inherent uncertainties,
and an adverse result in these or other matters may arise from time to time that may harm our business. Item 1A. Risk Factors. We believe there are no changes that constitute material
changes from the risk factors previously disclosed in our Form 10-K annual report. It is presently unknowable how long the current situation
with Covid-19 will continue and what impact the Covid-19 situation will ultimately have upon the Company. There were no unregistered sales of the Company’s
equity securities. There has been no default in the payment of principal,
interest, sinking or purchase fund installment, or any other material default, with respect to any indebtedness of the Company. Item 4. Mine Safety Disclosures. Not applicable. There is no other information required to be disclosed
under this item which has not been previously disclosed.
Exhibit No. Description
31.1 Certification by the Principal Executive Officer of Registrant pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (Rule 13a-14(a) or Rule 15d-14(a)). *
31.2 Certification by the Principal Financial Officer of Registrant pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (Rule 13a-14(a) or Rule 15d-14(a)). *
32.1 Certification by the Principal Executive Officer pursuant to 18 U.S.C. 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. *
32.2 Certification by the Principal Financial Officer pursuant to 18 U.S.C. 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. *
101.INS iXBRL Instance Document *
101.SCH iXBRL Taxonomy Extension Schema *
101.CAL iXBRL Taxonomy Extension Calculation Linkbase *
101.DEF iXBRL Taxonomy Extension Definition Linkbase *
101.LAB iXBRL Taxonomy Extension Label Linkbase *
101.PRE iXBRL Taxonomy Extension Presentation Linkbase * * Filed herewith. Pursuant to the requirements of Section 13 or 15(d)
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
CREEK ROAD MINERS, INC.
Date: November 17, 2022 By: /s/ Cleveland Gary
Name: Cleveland Gary
Title:
Chief Executive Officer (Principal Executive Officer) (Principal Financial and Accounting Officer) CERTIFICATION OF CHIEF EXECUTIVE OFFICER I, Cleveland Gary, certify that:
1. I have reviewed this Form 10-Q for the fiscal quarter ended September 30, 2022 of Ecrid, Inc.;
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an Annual Report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
Date: November 17, 2022 By: /s/ Cleveland Gary
Cleveland Gary President and Chief Executive (Principal Executive Officer) CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 I, Cleveland Gary, certify that: 1. I have reviewed this Form 10-Q
for the fiscal quarter ended September 30, 2022 of Ecrid, Inc.; 2. Based on my knowledge, this
quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements
made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly
report; 3. Based on my knowledge, the financial
statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition,
results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report; 4. The registrant’s other
certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act
Rules 13a-15(e) and 15d-15(e)) and internal controls over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))
for the registrant and have:
a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly for the period in which this quarterly report is being prepared;
b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c) evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;
d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; 5. The registrant’s other
certifying officer and I have disclosed, based on our most recent evaluation, to the registrant’s auditors and the audit committee
of the registrant’s board of directors (or persons performing the equivalent function):
a) all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant’s ability to record, process, summarize and report financial data and have identified for the registrant’s auditors any material weaknesses in internal controls; and
b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.
Date: November 17, 2022 By: /s/ Cleveland Gary
Cleveland Gary Principal Financial Officer CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 In connection with this Quarterly Report of Ecrid,
Inc. (the “Company”), on Form 10-Q for the period ended September 30, 2022, as filed with the U.S. Securities and Exchange
Commission on the date hereof, I, Cleveland Gary, Principal Executive Officer of the Company, certify to the best of my knowledge, pursuant
to 18 U.S.C. Sec. 1350, as adopted pursuant to Sec. 906 of the Sarbanes-Oxley Act of 2002, that:
(1) Such Quarterly Report on Form 10-Q for the period ended September 30, 2022, fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2) The information contained in such Quarterly Report on Form 10-Q for the period ended September 30, 2022, fairly presents, in all material respects, the financial condition and results of operations of the Company.
Date: November 17, 2022 By: /s/ Cleveland Gary
Cleveland Gary
Principal Executive Officer CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 In connection with this Quarterly Report of Ecrid,
Inc. (the “Company”), on Form 10-Q for the period ended September 30, 2022, as filed with the U.S. Securities and Exchange
Commission on the date hereof, I, Cleveland Gary, Principal Financial Officer of the Company, certify to the best of my knowledge, pursuant
to 18 U.S.C. Sec. 1350, as adopted pursuant to Sec. 906 of the Sarbanes-Oxley Act of 2002, that:
(1) Such Quarterly Report on Form 10-Q for the period ended September 30, 2022, fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2) The information contained in such Quarterly Report on Form 10-Q for the period ended September 30, 2022, fairly presents, in all material respects, the financial condition and results of operations of the Company.
Date: November 17, 2022 By: /s/ Cleveland Gary
Cleveland Gary
Principal Financial Officer |
