LAMY 10-Q

 false 2025 FY 0001939937

 2024-06-01

 2024-11-30

 2025-10-17

 2023-06-01

 2023-06-01

 2023-06-01

 2023-06-01

 2024-06-01

 2024-06-01

 2024-06-01

 2022-05-01
 2022-05-22

 2022-01-31

 2022-05-01
 2022-05-26

 2022-02-01
 2022-02-28

 2022-06-01

 LMMY:SmartyPantsMember

 2022-05-26

 LMMY:ShengwuMember

 2024-12-05
 2024-12-06

 LMMY:WitmerMember

 2024-12-05
 2024-12-06

 LMMY:TownsendMember

 2024-12-05
 2024-12-06

 UNITED STATES

 SECURITIES AND EXCHANGE COMMISSION

 Washington, D.C. 20549

 FORM 10-K

 ANNUAL REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the fiscal year ended
 May 31, 2025

 TRANSITION REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the transition period from ___________ to ___________

 Commission File No. 000-56599

 LAMY

 (Exact name of registrant
as specified in its charter)

 Wyoming

 37-2039216

 (State or Other Jurisdiction of Incorporation or Organization)

 (IRS Employer Identification Number)

 201 Allen Street, Unit 10104, New York City, New York 10002

 8200

 (Address of principal executive offices)

 (Primary Standard Industrial Classification Code Number)

 657 - 315-8312
(Registrant's telephone number, including area code)

 Securities registered pursuant to Section 12(b) of
the Act:

 Title of each class

 Trading Symbol(s)

 Name of each exchange on which registered

 Common Stock

 N/A

 N/A

 Securities registered pursuant to Section 12(g) of
the Act: None

 Indicate by check mark whether the registrant is a
well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No

 Indicate by check mark if the registrant is not required
to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No

 Indicate by check mark whether the registrant (1)
has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months
(or for shorter period that the registrant as required to file such reports), and (2) has been subject to such filing requirements for
the past 90 days. Yes No

 Indicate by check mark whether the registrant has
submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of
this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes No

 Indicate by check mark whether the registrant is a
large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See
the definitions of "large accelerated filer," "accelerated filer", "smaller reporting company", and
"emerging growth company" in Rule 12b-2 of the Exchange Act.

 Large accelerated filer

 Accelerated filer

 Non-accelerated filer

 Smaller reporting company

 Emerging Growth company

 If an emerging growth company, indicate by check mark
if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act.

 Indicate by check mark whether the registrant has
filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting
under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its
audit report. Yes No

 If securities are registered pursuant to Section 12(b)
of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of
an error to previously issued financial statements.

 Indicate by check mark whether any of those error
corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's
executive officers during the relevant recovery period pursuant to §240.10D-1(b).

 Indicate by check mark whether the registrant is a
shell company (as defined in Rule 12b-2 of the Act) Yes No

 The aggregate market value of the voting and non-voting
common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and
asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter
was $ 1,289,023.

 As of October 17, 2025, the registrant
had 7,777,000 shares of common stock issued and outstanding.

 ITEM 1
 Business

 ITEM 1A
 Risk Factors

 ITEM 1B
 Unresolved Staff Comments

 ITEM 1C
 Cybersecurity

 ITEM 2
 Properties

 ITEM 3
 Legal Proceedings

 ITEM 4
 Mine Safety Disclosures

 ITEM 5
 Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

 ITEM 6
 [Reserved]

 ITEM 7
 Management's Discussion and Analysis of Financial Condition and Results of Operations

 ITEM 7A
 Quantitative and Qualitative Disclosures about Market Risk

 ITEM 8
 Financial Statements and Supplementary Data

 ITEM 9
 Changes In and Disagreements with Accountants on Accounting and Financial Disclosure

 ITEM 9A
 Controls and Procedures

 ITEM 9B
 Other Information

 ITEM 9C
 Disclosure Regarding Foreign Jurisdictions that Prevent Inspections

 ITEM 10
 Directors, Executive Officers and Corporate Governance

 ITEM 11
 Executive Compensation

 ITEM 12
 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

 ITEM 13
 Certain Relationships and Related Transactions, and Director Independence

 ITEM 14
 Principal Accountant Fees and Services

 ITEM 15
 Exhibits and Financial Statement Schedules

 ITEM 16
 Form 10-K Summary

 i

 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

 This Annual Report on Form 10-K (this
"Annual Report") contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933,
as amended (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), and the Private Securities Litigation Reform Act of 1995. The statements contained in this report that are not purely historical
are forward-looking statements. Our forward-looking statements include, but are not limited to, statements regarding our or our management's
expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts
or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The
words "anticipates," "believe," "continue," "could," "estimate," "expect,"
"intend," "may," "might," "plan," "possible," "potential," "predict,"
"project," "should," "would" and similar expressions may identify forward-looking statements, but
the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this report may include,
for example, statements about:

 our ability to select an appropriate target business or businesses;

 our ability to complete our initial business combination;

 our expectations around the performance of the prospective target business or businesses;

 our success in retaining or recruiting, or changes required in, our officers, key employees or directors following our initial business combination;

 our officers and directors allocating their time to other businesses and potentially having conflicts of interest with our business or in approving our initial business combination, as a result of which they would then receive expense reimbursements;

 our potential ability to obtain additional financing to complete our initial business combination;

 our pool of prospective target businesses in the life sciences industry;

 the ability of our officers and directors to generate a number of potential acquisition opportunities;

 our public securities' potential liquidity and trading;

 the lack of a market for our securities;

 the use of proceeds not held in the trust account or available to us from interest income on the trust account balance;

 the trust account not being subject to claims of third parties; or

 our financial performance following our initial public offering.

 The forward-looking statements
contained in this report are based on our current expectations and beliefs concerning future developments and their potential effects
on us. There can be no assurance that future developments affecting us will be those that we have anticipated. These forward-looking statements
involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or
performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties
include, but are not limited to, those factors described under the heading "Risk Factors." Should one or more of these risks
or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those
projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

 ii

 Item 1. Business

 Recent Change in Control

 Effective December 6, 2024, there
occurred a change in control of the Company. On such date, pursuant to two separate stock purchase agreements (the "Change-in-Control
Agreements"), Zhang Shengwu acquired a total of 5,250,000 shares of the Company's common stock (the "Acquired Shares"),
5,000,000 of the Acquired Shares from Dwight Witmer and 250,000 of the Acquired Shares from Stephen Townsend. The Acquired Shares represent
approximately 67.51% of the outstanding shares of the Company's common stock and constitute voting control of the Company.

 The total consideration paid by
Mr. Shengwu for the Acquired Shares was $335,910 in cash, $318,410 to Mr. Witmer and $17,500 to Mr. Townsend.

 In conjunction with the Change-in-Control
Agreements, on December 6, 2024, Dwight Witmer resigned as a Director, CEO, CFO and Secretary of the Company, Stephen Townsend resigned
as a Director and COO of the Company and Zhang Shengwu was appointed as the Sole Director, President, Chief Executive Officer and Secretary
of the Company.

 Background

 The
Company was incorporated in Wyoming in January of 2022.

 The
Company's Registration Statement on Form S-1 was declared effective by the Securities and Exchange Commission on February 13, 2023.
This was followed by our initial offering of shares of the Company's common stock. The initial offering concluded in May of 2023.

 Business
Strategies

 We
are a startup developing a business taping the eLearning market and the gaming market by teaching financial knowledge and resource management
to children. The product is to be delivered through an educational platform and, in particular, a video game marketed as twoplus1
which for a competitive subscription fee will provide an immersive learning experience in finance and real estate. The game will a number
of revenue-generating features deployed in the game, including a possibility to trade virtual property from which LAMY intends to generate
monetary commissions.

 Our
business has not suffered any bankruptcy, receivership or similar proceeding at any time. There have not been any material reclassification,
merger, consolidation, or purchase or sale of a significant amount of assets in or out of the ordinary course of business.

 The
business model of our Company is deploying new technologies and trying to use innovations to reduce costs, gain competitive advantages
to significantly affect the overcoming the inertia of developing economies. The relatively small costs for starting our business, ease
of launching and being "closer" to the client than larger companies lower the barrier to creating and penetrating into the
already narrow niche of numerous competitors in our target markets.

 We
are not in need for any government approval of principal products or services we provide.

 Intellectual Properties

 We
have trademark protected of twoplus1 brand in the United Kingdom and are in the process
of doing the same in other key regions.

 Item 1A. Risk Factors

 Not applicable to smaller reporting
companies.

 Item 1B. Unresolved Staff Comments

 None.

 Item 1C. Cybersecurity

 We use, store and process data
for and about our customers, employees, partners and suppliers. We have not yet implemented a formal cybersecurity risk management program
designed to identify, assess and mitigate risks from cybersecurity threats to this data, our systems and business operations. We intend
to implement a cybersecurity risk management program before the end of 2025.

 Cyber Risk Management and Strategy

 Under the oversight of the Board
of Directors (since we do not currently have an Audit Committee), we intend to implement and maintain a risk management program that includes
processes for the systematic identification, assessment, management, and treatment of cybersecurity risks. Our cybersecurity oversight
and operational processes would be integrated into our overall risk management processes. We intend to implement a risk-based approach
to the management of cyber threats, supported by cybersecurity technologies, including automated tools, designed to monitor, identify
and address cybersecurity risks. In support of this approach, it is expected that we would have a third-party security consultant implement
processes to assess, identify and manage security risks to our company, including in the pillar areas of security and compliance, application
security, infrastructure security and data privacy. This process, once implemented, would include regular compliance and critical system
access reviews. In addition, we intend to conduct application security assessments, vulnerability management, penetration testing, security
audits and ongoing risk assessments as part of our risk management process.

 We expect to utilize third parties
and consultants to assist in the identification and assessment of risks, including to support tabletop exercises and to conduct security
testing. We intend to utilize well-known cloud-based technologies and service providers, such as Amazon AWS, Microsoft Office and Google
enterprise to provide protection against cybersecurity threats.

 Further, we intend to put processes
in place that would evaluate potential risks from cybersecurity threats associated with our use of third-party service providers that
would have access to our data, including a review process for such providers' cybersecurity practices, risk assessments, contractual
requirement and system monitoring.

 Part of our intended program would
be ongoing evaluation and enhancement of our systems, controls and processes where possible, including in response to actual or perceived
threats specific to us or experienced by other companies.

 Risks from cybersecurity threats
have, to date, not materially affected us, our business strategy, results of operations or financial condition.

 Item 2. Description of Property

 Our executive offices, which we
lease, are located at 201 Allen Street Unit 10104 New York, New York 10002. This office will satisfy our needs for the foreseeable future.

 Item 3. Legal Proceedings

 We are not subject to any material
legal proceedings, nor, to our knowledge, is any material legal proceeding threatened against us or any of our officers or directors.

 Item 4. Mine Safety Disclosures

 None.

 Item 5. Market for Common Equity, Related Stockholder
Matters and Issuer Purchases of Equity Securities

 Market Information

 The trading
symbol for our common stock is "LMMY." Our common stock trades on the OTCID platform of OTC Markets. Since our common stock
began trading in October 2024, the closing sales prices have ranged from a low of $0.085 to a high of $10.00, with sporadic trading.

 Registered Holders of
our Common Stock

 As
of October 16, 2025, there were approximately 30 record owners of our common stock.

 Dividends

 We have
never declared or paid cash dividends on its common stock, nor do we anticipate paying cash dividends in the foreseeable future.

 Recent Sales of Unregistered
Securities

 During
the three months ended May 31, 2025, we had no sales of unregistered shares.

 Item 6. [Reserved]

 Item 7. Management's Discussion and Analysis
of Financial Condition and Results of Operations

 We are a development-stage corporation
with limited operations and limited revenues from our business operations. Our independent auditor has issued a going-concern opinion.
This means that our independent auditor believes there is substantial doubt that we can continue as an on-going business for the next
twelve months. We do not anticipate that we will generate significant revenues, until we have obtained sufficient funds to initiate a
marketing program, of which there is no assurance.

 Recent Change in Control

 Effective
December 6, 2024, there occurred a change in control of the Company On such date, pursuant to two separate stock purchase agreements (the Change-in-Control
Agreements), Zhang Shengwu acquired a total of 5,250,000 shares of the Company's common stock (the Acquired Shares), 5,000,000
of the Acquired Shares from Dwight Witmer and 250,000 of the Acquired Shares from Stephen Townsend. The Acquired Shares represent approximately
67.51% of the outstanding shares of the Company's common stock and constitute voting control of the Company.

 The total
consideration paid by Mr. Shengwu for the Acquired Shares was $335,910 in cash, $318,410 to Mr. Witmer and $17,500 to Mr. Townsend.

 In conjunction
with the Change-in-Control Agreements, on December 6, 2024, Dwight Witmer resigned as a Director, CEO, CFO and Secretary of the Company,
Stephen Townsend resigned as a Director and COO of the Company and Zhang Shengwu was appointed as the Sole Director, President, Chief
Executive Officer and Secretary of the Company.

 No change in the Company's business plan occurred,
as a result of this change in control.

 Results of Operations

 Fiscal Year Ended May 31,
2025, Compared to Fiscal Year Ended May 31, 2024. During the fiscal year ended May 31, 2025, we generated $3,750 in revenues;
during the fiscal year ended May 31, 2024, we generated $11,500 in revenues. Our net income for the fiscal year ended May 31, 2025, was
$51,395 compared to a net loss of $25,807 for the fiscal year ended May 31, 2024.

 Operating expenses incurred were
$31,843 during the fiscal year ended May 31, 2025, compared to $28,076 in operating expenses during the fiscal year ended May 31, 2024.

 Unless and until we obtain additional
capital or our operations begin to generate significant revenues, of which there is no assurance, we expect that our operating expenses
will remain at current levels.

 Liquidity and Capital Resources

 At May 31, 2025.
As of May 31, 2025, we had cash of $-0- and no working capital, compared to cash of $1,028 and a working capital deficit of $1,205 as
of May 31, 2024.

 Cash Flows

 Cash Flows from Operating
Activities. We have not generated positive cash flows from operating activities. For the fiscal year ended May 31, 2025, net cash
flows used in operating activities was $4,528. For the fiscal year ended May 31, 2024, net cash flows used in operating activities was
$12,484.

 Cash Flows from Investing
Activities. For the fiscal years ended May 31, 2025 and 2024, net cash flows provided by investing activities was $-0- and $-0-,
respectively.

 Cash Flows from Financing
Activities. We have financed our operations primarily either from advances from our former sole executive officer or from third
parties. For the fiscal year ended May 31, 2025, net cash provided by financing activities was $3,500. For the fiscal year ended May 31,
2024, net cash from financing activities was $5,657.

 Off-Balance Sheet Arrangements

 We currently have no off-balance
sheet arrangements.

 Going Concern

 Our financial statements have
been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability
and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation. Our
report from our independent registered public accounting firm for the fiscal year ended January 31, 2025, includes an explanatory paragraph
stating our company has recurring losses and limited operations which raise substantial doubt about its ability to continue as a going
concern. If our company is unable to obtain adequate capital, we may be required to reduce the scope, delay, or eliminate some or all
of its planned operations. These factors, among others, raise substantial doubt about our company's ability to continue as a going
concern.

 Critical Accounting Policies

 The discussion and analysis of
our financial condition and results of operations are based upon our financial statements, which have been prepared in accordance with
the accounting principles generally accepted in the United States of America. Preparing financial statements requires management to make
estimates and assumptions that affect the reported amounts of assets, liabilities, and expenses. These estimates and assumptions are affected
by management's application of accounting policies. We believe that understanding the basis and nature of the estimates and assumptions
involved with the following aspects of our financial statements is critical to an understanding of our financial statements.

 Use of Estimates. The preparation
of financial statements in conformity with accounting principles generally accepted in the United States of America 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. The estimates and judgments will also affect the reported amounts for certain expenses during
the reporting period. Actual results could differ from these good faith estimates and judgments.

 Recent Accounting Pronouncements

 Recent accounting pronouncements issued by the Financial
Accounting Standards Board ("FASB"), (including its EITF, the AICPA and the SEC), did not or are not believed by management
to have a material effect on our company's present or future financial statements.

 Going Concern

 The Company's independent
auditors' reports accompanying our May 31, 2025 and 2024, financial statements contain an explanatory paragraph expressing substantial
doubt about our ability to continue as a going concern. The financial statements have been prepared "assuming that we will continue
as a going concern," which contemplates that we will realize our assets and satisfy our liabilities and commitments in the ordinary
course of business.

 Item 7A. Quantitative and Qualitative Disclosures
about Market Risk

 Not applicable to smaller reporting
companies.

 Item 8. Financial Statements and Supplementary
Data

 Please see our Financial Statements
required by this Item, together with the report thereon of the Independent Registered Public Accounting Firm, beginning on page F-1 of
this Annual Report.

 Item 9. Changes in and disagreements with Accountants
on Accounting and Financial Disclosure

 On June 11, 2024, the Board of
Directors of LAMY approved the engagement of Boladale Lawal & Co ('BLC') as the Company's independent registered
public accounting firm for the fiscal year ended May 31, 2024, effective immediately, and dismissed Bush and Associates CPA (''Bush"),
as the Company's independent registered public accounting firm.

 Bush and Associates CPA never
issued an audit opinion on our financial statements, and during the course of their engagement there were no disagreements with Bush and
Associates CPA on any matters of accounting principles or practices, financial statement disclosure or auditing scope and procedures which,
if not resolved to the satisfaction of With, would have caused Bush and Associates CPA to make reference to the matter in their audit
opinion, if issued.

 Item 9A. Controls and Procedures

 Disclosure Controls and Procedures

 Disclosure controls and procedures
are designed to ensure that information required to be disclosed in the reports filed or submitted under the Exchange Act is recorded,
processed, summarized and reported, within the time period specified in the SEC's rules and forms, and that such information is
accumulated and communicated to management, including the Chief Executive Officer and Chief Financial Officer, as appropriate, to allow
timely decisions regarding required disclosures. Our management necessarily applied its judgment in assessing the costs and benefits of
such controls and procedures, which, by their nature, can provide only reasonable assurance regarding management's control objectives.

 Our management, with the participation
of our Chief Executive Officer, evaluated the effectiveness of the design and operation of our disclosure controls and procedures as of
the end of the period covered by this Report. Based upon this evaluation, our Chief Executive Officer concluded that our disclosure controls
and procedures were not effective because of the identification of a material weakness in our internal control over financial reporting
which is described below.

 Management's Report on Internal Control Over
Financial Reporting

 Our management is responsible
for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Exchange Rule 13a-15(f).
Our internal control over financial reporting is a process designed to provide reasonable assurance to our management and board of directors
regarding the reliability of financial reporting and the preparation of the financial statements for external purposes in accordance with
U.S. GAAP.

 Our internal control over financial
reporting includes those policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately
and fairly reflect the transactions and dispositions of our assets; (ii) provide reasonable assurance that transactions are recorded as
necessary to permit preparation of financial statements in accordance with U.S. GAAP and our receipts and expenditures are being made
only in accordance with authorizations of our management and directors; and (iii) provide reasonable assurance regarding prevention or
timely detection of unauthorized acquisition, use, or disposition of our assets that could have a material effect on our financial statements.

 Because of its inherent limitations,
internal control over financial reporting may not prevent or detect misstatements. All internal control systems, no matter how well designed,
have inherent limitations, including the possibility of human error and the circumvention of overriding controls. Accordingly, even effective
internal control over financial reporting can provide only reasonable assurance with respect to financial statement preparation. Also,
projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of
changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

 Our management assessed the effectiveness
of our internal control over financial reporting as of May 31, 2025. In making this assessment, it used the criteria set forth by the
Committee of Sponsoring Organizations of the Tread way Commission ("COSO") in Internal Control-Integrated Framework (2013).
Based on this evaluation, management concluded that that our internal control over financial reporting was not effective as of May 31,
2025. Our Chief Executive Officer concluded we have a material weakness due to lack of segregation of duties, a limited corporate governance
structure, and a lack of a formal management review process over preparation of financial information. A material weakness is a deficiency,
or a combination of control deficiencies, in internal control over financial reporting such that there is a reasonable possibility that
a material misstatement of our annual or interim financial statements will not be prevented or detected on a timely basis.

 Our size has prevented us from
being able to employ sufficient resources to enable us to have an adequate level of supervision and segregation of duties within our system
of internal control. Therefore, while there are some compensating controls in place, it is difficult to ensure effective segregation of
accounting and financial reporting duties. Management reported the following material weaknesses:

 Lack of segregation of duties in certain accounting and financial reporting processes including the initiation, processing, recording and approval of disbursements;

 Our corporate governance responsibilities are performed by the Board of Directors, none of whom are independent under applicable standards; we do not have an audit committee or compensation committee. Our Board of Directors acts primarily by written consent without meetings which results in several of our corporate governance functions not being performed concurrent (or timely) with the underlying transactions, including evaluation of the application of accounting principles and disclosures.

 Certain reports that we prepare, and accounting and reporting conclusions reached in connection with the financial statement preparation process are not subjected to a formal review process that includes multiple levels of review and are not submitted timely to the Board of Directors for review or approval; and

 While we strive to segregate duties
as much as practicable, there is an insufficient volume of transactions at this point in time to justify additional full-time staff. We
believe that this is typical in many development stage companies. We may not be able to fully remediate the material weakness until we
commence operations at which time, we would expect to hire more staff. We will continue to monitor and assess the costs and benefits of
additional staffing.

 This Annual Report does not include
an attestation report of our registered public accounting firm regarding internal control over financial reporting. Management's
report was not subject to attestation by our registered public accounting firm pursuant to the SEC rules that permit us to provide only
management's report in this Annual Report.

 Changes in Internal Control Over Financial Reporting

 There were no changes in our internal
control over financial reporting that occurred during the quarter ended May 31, 2025, that has materially affected, or is reasonably likely
to materially affect, our internal control over financial reporting.

 Item 9B. Other Information

 During the year ended May 31,
2025, no director or officer of the Company adopted or terminated a "Rule 10b5-1 trading arrangement"
or "non-Rule 10b5-1 trading arrangement," as each term is defined in Item 408(a) of Regulation S-K.

 Item 9C. Disclosures Regarding Foreign Jurisdictions
that Prevent Inspections

 Not Applicable.

 Item 10. Directors, Executive Officers, Promoters
and Corporate Governance

 Directors
of the Company are elected by the shareholders to a term of 1 (one) year and serve until a successor is elected and qualified. Officers
of the corporation are appointed by the Board of Directors to a term of one year and serves until a successor is duly appointed and qualified,
or until he or she is removed from office.

 Information
concerning our sole executive officer and director is set forth below.

 Name and Address of Executive

 Officer and/or Director

 Age

 Position

 President, Chief Executive Officer, Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer, Secretary, Treasurer and Sole Director

 Shengwu
Zhang has held his positions since December 6, 2025, and is expected to hold them until the next annual meeting of our stockholders. Jiang
Jian is currently the Sole officer and Director and control person of Rapid Line Inc.

 Certain
information regarding the background of Shengwu Zhang is set forth below.

 Shengwu
Zhang, has, since February 2020, served as CEO of Shanghai Jiuye Technology Group Co., Ltd., a China-based technology company. From
February 2014 through February 2020, Mr. Zhang served as Director of Operations for Dalian Damao Surveying and Mapping Service Co., Ltd.,
a China-based surveying and mapping company. Until such time as the Company's level of operations increases, Mr. Zhang will devote
not less than 20 hours per week on the business of the Company.

 Committees of the Board

 Our company
currently does not have nominating, compensation or audit committees or committees performing similar functions, nor does our Company
have a written nominating, compensation or audit committee charter. Our director believes that it is not necessary to have such committees,
at this time, because the functions of such committees can be adequately performed by the sole director.

 Our company
does not have any defined policy or procedural requirements for shareholders to submit recommendations or nominations for Directors. The
sole director believes that, given the stage of our development, a specific nominating policy would be premature and of little assistance
until our business operations develop to a more advanced level. Our company does not currently have any specific or minimum criteria for
the election of nominees to the sole director and we do not have any specific process or procedure for evaluating such nominees. The sole
director, will assess all candidates, whether submitted by management or shareholders, and make recommendations for election or appointment.

 A shareholder
who wishes to communicate with our sole director may do so by directing a written request addressed to our sole director and officer,
at the address appearing on the first page of this Annual Report.

 Corporate Governance

 We promote
accountability for adherence to honest and ethical conduct; endeavors to provide full, fair, accurate, timely and understandable disclosure
in reports and documents that the Company files with the Securities and Exchange Commission (the SEC) and in other public communications
made by our company and strives to be compliant with applicable governmental laws, rules and regulations. We have not, however, formally
adopted a written code of business conduct and ethics that governs our employees, officers and directors, as our company is not required
to do so.

 In lieu
of an Audit Committee, our sole director is responsible for reviewing and making recommendations concerning the selection of outside auditors,
reviewing the scope, results and effectiveness of the annual audit of our company's financial statements and other services provided
by our company's independent public accountants. The sole director reviews our company's internal accounting controls, practices
and policies.

 Insider Trading Policy

 We
have no t yet adopted insider trading policies and procedures, inasmuch as there is currently no trading in our common stock.
At such time as trading in our common stock commences, we intend to adopt insider trading policies governing the purchase, sale and
other dispositions of the our company's securities by directors, officers and employees that are reasonably designed to
promote compliance with insider trading laws, rules and regulations.

 Section 16(a) Beneficial
Ownership Reporting Compliance

 Section
16(a) of the Securities Exchange Act of 1934 requires our company's officers and directors, and persons who own more than ten percent
(10%) of a registered class of our company's equity securities to file reports of ownership and changes in ownership with the SEC.
Officers, directors and greater than ten percent stockholders are required by SEC regulations to furnish us with copies of all Section
16(a) forms they file.

 Based
solely on our review of certain reports filed with the SEC pursuant to Section 16(a) of the Securities Exchange Act of 1934, as amended,
the reports required to be filed with respect to transactions in our common stock during the fiscal year ended May 31, 2025, were not
timely.

 Code of Business Conduct

 We have
not adopted a Code of Business Conduct within the meaning of Item 406(b) of Regulation S-K.

 Board Committees

 We do
not have any Board Committees.

 Code of Ethics

 We have not yet adopted a code
of ethics for our company.

 Item 11. Executive Compensation

 The following tables set forth
certain information about compensation paid, earned, or accrued for services by our executive officers (collectively, the "Named
Executive Officer") for the years ended May 31, 2024 and 2025:

 Summary Compensation Table

 Name
 and

 Principal

 Position

 Year

 Ended

 5/31

 Salary

 ($)

 Bonus

 ($)

 Stock

 Awards

 ($)

 Option

 Awards

 ($)

 Non-Equity

 Incentive

 Plan

 Compensation

 ($)

 Nonqualified

 Deferred

 Compensation

 ($)

 All
 Other

 Compensation

 ($)

 Total

 ($)

 Dwight Witmer

 Former President, CEO and CFO

 2025

 2024

 -1-

 -1-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -1-

 -1-

 Stephen Townsend

 Former EVC

 2025

 2024

 -0-

 -0-

 -0-

 -0-

 2,500

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 Shengwu Zhang (1)

 CEO & CFO

 2025

 2024

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 (1) Mr. Zhang did not become an officer of our company
until December 6, 2024.

 We have not entered into an employment
agreement with Shengwu Zhang, the Company's sole officer and director.

 Outstanding Equity Awards

 The table below reflects all outstanding
equity awards made to each Named Executive Officer that were outstanding at May 31, 2025.

 Name

 Grant Date

 Number of Securities Underlying Unexercised Options (#) Exercisable

 Number of Securities Underlying Unexercised Options (#) Unexercisable

 Option

 Exercise Price

 ($)

 Option Expiration

 Date

 –

 –

 –

 –

 –

 Change of Control Agreement

 As of the date of this Annual
Report, we had no pension plans or compensatory plans or other arrangements that provide compensation in the event of a termination of
employment or a change in our control.

 Item 12. Security Ownership of Certain Beneficial
Owners and Management and Related Stockholder Matters

 The following table provides certain information regarding
the ownership of our common stock, as of May 31, 2024 and as of the date of the filing of this annual report by:

 each of our executive officers;

 each director;

 each person known to us to own more than 5% of our outstanding common stock; and

 all of our executive officers and directors and as a group.

 Title of Class

 Name and Address

 of Beneficial Owner

 Amount and Nature of

 Beneficial Ownership

 Percentage (1)

 Common Stock

 5,250,000 shares of common stock

 67.51%

 201 Allen St.

 Unit 10104

 New York, NY 10002

 (1)
 Based on 7,777,000 shares of common stock issued and outstanding as of the date of this Annual Report.

 Item 13. Certain Relationships and Related Transactions,
and Director Independence

 As of May 31, 2024, the Company
had accumulated advances from its former CEO Dwight Witmer in the amount of $12,958. Effective December 6, 2024, Mr. Witmer forgave all
indebted owed to him.

 Item 14. Principal Accountant Fees and Services

 The aggregate fees billed for
the most recently completed fiscal year ended May 31, 2025 and 2024, for professional services rendered by the principal accountants for
the audits & assurance services were as follows:

 Year Ended

 May 31, 2025

 May 31, 2024

 Audit Fees

 $
 6,000

 $
 3,000

 Audit Related Fees

 –

 –

 Tax Fees

 –

 –

 All Other Fees

 –

 –

 Total

 $
 6,000

 $
 3,000

 Our board of directors pre-approves
all services provided by our independent auditors. All of the above services and fees were reviewed and approved by the board of directors
before the respective services were rendered.

 Our board of directors has considered
the nature and amount of fees billed by our independent auditors and believes that the provision of services for activities unrelated
to the audit is compatible with maintaining our independent auditors' independence.

 Item 15. Exhibits and Financial Statement Schedules

 Financial Statements

 Please see the index to the Company's
Financial Statements, beginning on page F-1 of this Annual Report.

 Exhibits

 The following documents (unless otherwise indicated)
are filed herewith and made part of this registration statement.

 31.1 #

 Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of Sarbanes-Oxley Act of 2002

 32.1 #

 Certification of the Company's Principal Executive Officer and Principal Financial Officer to Section 906 of the Sarbanes-Oxley Act of 2002

 101. INS

 101. SCH

 101. CAL

 101. DEF

 101. LAB

 101. PRE

 Item 16. Form 10-K Summary

 None.

 SIGNATURES

 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 on October 17, 2025.

 LAMY

 By:

 /s/ Shengwu Zhang

 Chief Executive Officer

 Pursuant
to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the
registrant and in the capacities indicated on October 17, 2025.

 Signature

 Title

 /s/ Shengwu Zhang

 Chief Executive Officer (Principal Executive Officer),

 President, Chief Financial Officer, Principal Financial Officer

 and Principal Accounting Officer, Secretary and Sole Director

 Report of Independent Registered Public Accounting
Firm

 To the Board of Directors and Stockholders of

 LAMY

 Opinion on the Financial Statements

 We have audited the accompanying balance sheets
of LAMY. (the 'Company') as of May 31, 2025 and 2024, and the related statements of operations, changes in stockholders'
(deficit) and cash flows for each of the two years in the period ended May 31, 2025 and 2024, and the related notes (collectively referred
to as the "financial statements").

 In our opinion, the financial statements present
fairly, in all material respects the financial position of the Company as of May 31, 2025 and 2024, and the results of its operations
and its cash flows for each of the two years in the period ended May 31, 2025 and 2024, in conformity with accounting principles generally
accepted in the United States of America.

 Going Concern

 The accompanying financial statements have been
prepared assuming that the Company will continue as a going concern. As discussed in Note 2, the Company suffered an accumulated deficit
of $(31,770), These matters raise substantial doubt about the Company's ability to continue as a going concern. Management's
plans with regards to these matters are also described in Note 2 to the financial statements. These financial statements do not include
any adjustments that might result from the outcome of this uncertainty.

 Basis for Opinion

 These financial statements are the responsibility
of the Company's management. Our responsibility is to express an opinion on the Company's financial statements based on our
audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB")
and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable
rules and regulations of the Securities and Exchange Commission and the PCAOB.

 We conducted our audits in accordance with the
standards of the PCAOB. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial
statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged
to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding
of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company's
internal control over financial reporting. Accordingly, we express no such opinion.

 Our audits included performing procedures to assess
the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond
to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating
the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

 Critical Audit Matters

 Critical audit matters are matters arising from
the current period audit of the financial statements that were communicated or required to be communicated to the audit committee and
that: (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging,
subjective, or complex judgments. Communication of critical audit matters does not alter in any way our opinion on the financial statements
taken as a whole and we are not, by communicating the critical audit matters, providing separate opinions on the critical audit matter
or on the accounts or disclosures to which they relate.

 Going Concern Uncertainty – See also
Going Concern Uncertainty explanatory paragraph above

 As described in Note 2 to the financial statements,
the Company has accumulated losses from inception (January 31, 2022) to May 31, 2025 of $(31,770) and the Company has not yet established
an ongoing source of revenue sufficient to cover its operating costs, also all the assets of the company was written off during the year
ended. These factors among others raise substantial doubt about the ability of the company to continue as a going concern for a reasonable
period of time.

 The procedures performed to address the
matter included:

 1.

 We inquired of executive officers, and key members of management,
of the Company regarding factors that would have an impact on the Company's ability to continue as a going concern.

 2.

 We performed testing procedures such as analytical procedures
to identify conditions and events that indicate that there could be substantial doubt about the Company's ability to continue
as a going concern for a reasonable period of time.

 3.

 We reviewed and evaluated management plan for dealing with
adverse effects of these conditions and events

 4.

 We assessed the possibility of raising additional debt or credit,

 5.

 We obtained and reviewed the impairment assessment memo

 6.

 We evaluated the completeness and accuracy of disclosures in
the consolidated financial statements.

 /S/ Boladale Lawal

 BOLADALE LAWAL & CO.

 (Chartered Accountants)

 (PCAOB ID 6993)

 Lagos, Nigeria

 We have served as the Company's auditor
since 2024.

 October 16, 2025

 F- 1

 LAMY

 BALANCE SHEETS

 MAY 31,
 2025

 MAY 31,
 2024

 ASSETS

 Current Assets

 Cash & cash equivalents

 $
 –

 $
 1,028

 Accounts receivable

 –

 11,500

 Interest receivable

 –

 Total current assets

 –

 12,964

 Non-Current assets

 Intangibles (net)

 –

 9,537

 Equipment (net)

 –

 4,952

 Total non-current assets

 –

 14,489

 TOTAL ASSETS

 $
 –

 $
 27,453

 LIABILITIES AND STOCKHOLDERS' EQUITY

 Current Liabilities

 Accrued expenses

 $
 –

 $
 1,211

 Advances from related parties

 –

 12,958

 Total current liabilities

 –

 14,169

 Non-Current Liabilities

 Loans from related parties

 –

 18,100

 Note payable – related party

 –

 10,000

 Note payable – others

 –

 29,000

 Accrued Interest

 –

 11,079

 Total non-current liabilities

 –

 68,179

 Total Liabilities

 –

 82,348

 Stockholders' Equity (Deficit)

 Common stock, $ 0.0001 par value, 100,000,000 shares authorized; 7,777,000 shares issued and outstanding as of May 31, 2025 & 2024

 Additional Paid-In-Capital

 30,992

 27,492

 Accumulated Deficit

 ( 31,770
)

 ( 83,165
)

 Total Stockholders' equity (deficit)

 –

 ( 54,895
)

 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

 $
 –

 $
 27,453

 The accompanying notes are an integral part of these

 F- 2

 LAMY

 STATEMENT OF OPERATIONS

 YEAR ENDED
 MAY 31, 2025

 YEAR ENDED
 MAY 31, 2024

 Revenue

 $
 3,750

 $
 11,500

 Cost of revenue

 7,251

 9,667

 Gross Profit / (loss)

 ( 3,501
)

 1,833

 Operating Expenses

 Impairment Expenses

 3,463

 –

 General and administrative expenses

 28,380

 28,076

 Total Operating expenses

 31,843

 28,076

 Other Income

 86,739

 Income (Loss) before provision for income taxes

)

 Provision for income taxes

 –

 –

 Net income / (loss)

 $

 $
)

 Income (loss) per common share: Basic and diluted

 $
 ( 0.00
)

 $
 ( 0.00
)

 Weighted Average Number of Common Shares Outstanding: Basic and diluted

 The accompanying notes are an integral part of these

 F- 3

 LAMY

 STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)

 FOR THE YEAR ENDED MAY 31, 2025 AND MAY 31,
 2023

 Number of
 Common
 Shares

 Amount
 ($)

 Additional Paid-In-Capital
 ($)

 Accumulated Deficit
 ($)

 Total
 ($)

 Balances as of May 31, 2023

 27,492

 ( 57,358
)

 ( 29,088
)

 Net loss for the year

 –

 –

 –

)

)

 Balances as of May 31, 2024

 27,492

 ( 83,165
)

 ( 54,895
)

 Balances as of May 31, 2024

 27,492

 ( 83,165
)

 ( 54,895
)

 Additional Paid-In-Capital

 –

 –

 3,500

 –

 3,500

 Net Income / (loss) for the year

 –

 –

 Balances as of May 31, 2025

 30,992

 ( 31,770
)

 –

 The accompanying notes are an integral part of these

 F- 4

 LAMY

 STATEMENT OF CASH FLOWS

 YEAR ENDED
 MAY 31, 2025

 YEAR ENDED
 MAY 31, 2024

 CASH FLOWS FROM OPERATING ACTIVITIES

 Net loss

 $

 $
)

 Adjustment as of non-cash items:

 Depreciation

 3,775

 5,033

 Amortization

 7,251

 9,667

 Impairment expenses

 3,463

 –

 Changes in operating assets and liabilities

 Changes in other assets

 ( 50,079
)

 –

 Increase in accounts receivable

 11,500

 ( 11,500
)

 Increase in interest receivable

 ( 436
)

 Increase in accrued expenses

 ( 1,211
)

 Increase in advances from related parties

 ( 31,058
)

 9,958

 Net cash provided by (used in) Operating activities

 ( 4,528
)

 ( 12,484
)

 CASH FLOWS FROM INVESTING ACTIVITIES

 Net cash provided by (used in) Investing activities

 –

 –

 CASH FLOWS FROM FINANCING ACTIVITIES

 Proceeds from sale of common stock

 –

 –

 APIC

 3,500

 –

 Accrued Interest

 –

 5,657

 Net cash provided by Financing activities

 3,500

 5,657

 Increase (decrease) in cash and equivalents

 ( 1,028
)

 ( 6,827
)

 Cash and equivalents at beginning of the period

 1,028

 7,855

 Cash and equivalents at end of the period

 $
 –

 $
 1,028

 Supplemental cash flow information:

 Cash paid for:

 Interest

 $
 –

 $
 –

 Taxes

 $
 –

 $
 –

 Non-cash investing and financing activities

 Proceeds of loan from related party in exchange of asset

 $
 –

 $
 –

 Proceeds from note payable against acquisition of intangibles

 $
 –

 $
 –

 The accompanying notes are an integral part of these

 F- 5

 LAMY

 NOTES TO THE AUDITED FINANCIAL STATEMENTS

 FOR THE YEAR ENDED MAY 31, 2025

 NOTE 1 – ORGANIZATION AND BUSINESS

 LAMY. (the "Company") is a corporation
established under the corporation laws in the State of Wyoming on January 31, 2022. The company intends to develop a successful business
through provision of financial knowledge and resource management to the youngsters through an educational platform and, chiefly, an immersive
video game called TwoPlus1.

 The Company has adopted May 31 fiscal year end.

 NOTE 2 – GOING CONCERN

 The Company's financial statements as of May
31, 2025, have been prepared using generally accepted accounting principles in the United States of America applicable to a going concern,
which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet
established an ongoing source of revenue sufficient to cover its operating costs and allow it to continue as a going concern. The Company
has accumulated loss from inception (January 31, 2022) to May 31, 2025 of $ 31,770. These factors among others raise substantial doubt
about the ability of the company to continue as a going concern for a reasonable period of time.

 In order to continue as a going concern, the Company
will need, among other things, additional capital resources. Management's plan is to obtain such resources for the Company by obtaining
capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking third party equity
and/or debt financing. However, management cannot provide any assurances that the Company will be successful in accomplishing any of its
plans. These financial statements do not include any adjustments related to the recoverability and classification of assets or the amounts
and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

 NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES

 Basis of Presentation

 The financial statements of the Company have been
prepared in accordance with generally accepted accounting principles in the United States of America.

 New Accounting Pronouncements

 There were various accounting standards and interpretations
issued recently, none of which are expected to a have a material impact on our financial position, operations or cash flows.

 Cash and Cash Equivalents

 For purposes of the statement of cash flows, the Company
considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents.

 F- 6

 Stock-Based Compensation

 As of May 31, 2025, the Company has not issued any
stock-based payments to its employees.

 Stock-based compensation is accounted for at fair
value in accordance with ASC 718, when applicable. To date, the Company has not adopted a stock option plan and has not granted any stock
options.

 Use of Estimates and Assumptions

 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 period. Actual results could differ from those estimates.

 Due to the limited level of operations, the Company
has not had to make material assumptions or estimates other than the assumption that the Company is a going concern.

 Fair Value of Financial Instruments

 ASC 825, "Disclosures about Fair Value of Financial
Instruments", requires disclosure of fair value information about financial instruments. ASC 820, "Fair Value Measurements"
defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures
about fair value measurements. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information
available to management as of May 31, 2025.

 The respective carrying values of certain on-balance-sheet
financial instruments approximate their fair values. These financial instruments include cash, accounts payable and related party loan
payable. Fair values were assumed to approximate carrying values for these financial instruments as either they do not have any active
market or are short term in nature and therefore their carrying amounts approximate fair value.

 Income Taxes

 Income taxes are provided in accordance with ASC No.
740, Accounting for Income Taxes. A deferred tax asset or liability is recorded for all temporary differences between financial and tax
reporting and net operating loss carry forwards. Deferred tax expense (benefit) results from the net change during the year of deferred
tax assets and liabilities.

 Deferred tax assets are reduced by a valuation allowance
when, in the opinion of management, it is more likely than not that some portion of all of the deferred tax assets will be realized. Deferred
tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.

 Revenue Recognition

 We adopted Accounting Standards Codification ("ASC")
Topic 606, "Revenue from Contracts with Customers", and all related interpretations for recognition of our revenue from tours
and services. Previously we recorded revenue based on ASC Topic 605. Adoption of new accounting standard did not have any material impact
on our reported revenue.

 F- 7

 Revenue is recognized when the following criteria
are met:

 Identification of the contract, or contracts, with customer;

 Identification of the performance obligations in the contract;

 Determination of the transaction price;

 Allocation of the transaction price to the performance obligations in the contract; and

 Recognition of revenue when, or as, we satisfy performance obligation.

 The Company has evaluated all the recent accounting
pronouncements and determined that there are no other accounting pronouncements that will have a material effect on the Company's

 Fixed Assets

 Fixed assets are stated at cost, net of accumulated
depreciation and accumulated impairment losses, if any. The cost comprises purchase price, borrowing costs, if capitalization criteria
are met and directly attributable cost of bringing the asset to its working condition for the intended use. Any subsidy/reimbursement/contribution
received for installation and acquisition of any fixed assets is shown as deduction in the year of receipt. Capital work- in progress
is stated at cost.

 Subsequent expenditure related to an item of fixed
assets is added to its book value only if it increases the future benefits from the existing asset beyond its previously assessed standard
of performance. All other expenses on existing fixed assets, including day-to-day repairs and maintenance expenditure and cost of replacing
parts, are charged to the Statement of Profit and Loss for the period during which such expenses are incurred.

 Gains or losses arising from de-recognition of fixed
assets are measured as the difference between the net disposal proceeds and the carrying amount of the assets derecognized.

 The Company utilizes straight-line depreciation over
the estimated useful life of the asset.

 Office Equipment – 3 years

 Earnings per Share

 ASC No. 260, "Earnings Per Share", specifies
the computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock.
The Company has adopted the provisions of ASC No. 260.

 Basic net loss per share amounts is computed by dividing
the net loss by the weighted average number of common shares outstanding. Diluted earnings per share are the same as basic earnings per
share due to the lack of dilutive items in the Company.

 NOTE 4 – EQUIPMENT (NET)

 Company acquired equipment as on May 25, 2022 for
$ 15,100.

 The Company depreciates its property using straight-line
depreciation over the estimated useful life of 3 years.

 From inception (January 31, 2022) through May
31, 2025 the company has recorded a total of $ 13,923 in depreciation expense, and write-off the balance of $ 1,177 in income statement.

 F- 8

 NOTE 5 – INTANGIBLE ASSETS

 Company acquired intangibles as on May 26, 2022 and
consist of Videogame platform and related property rights of $ 29,000. The Company amortize its intangibles using straight-line depreciation
over the estimated useful life of 3 years.

 From inception (January 31, 2022) through May
31, 2024 the company has recorded a total of $ 26,714 in amortization expense and write off the unamortized balance of $ 2,286 to the income
statement.

 NOTE 6 – CAPITAL STOCK

 The Company has 100,000,000 shares of common stock
authorized with a par value of $ 0.0001 per share.

 In February 2022, the Company issued 5,000,000
shares of its common stock at $0.0001 per share for total proceeds of $ 500.

 During the year ended May 31, 2023, the Company
issued 2,527,000 shares of its common stock at an offering price of $0.01 per share for total proceeds of $ 25,270 while 250,000 shares
were issued for services at par value of $ 2,500.

 As of May 31, 2024 & 2025 the Company had 7,777,000
shares issued and outstanding respectively.

 NOTE 7 – RELATED PARTY TRANSACTIONS

 In support of the Company's efforts and cash
requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate
financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by officers,
directors, or shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities.

 Since inception (January 31, 2022) through May 31,
2025 the Company's sole officer and director contributed additional paid in capital to the Company.

 NOTE 8 – NOTE PAYABLE – OTHERS

 As of May 26, 2022, Company owes a note payable of
$ 29,000 to a third party (Smarty Pants, LLC) against the purchase of an intangible property. This note is unsecured, bear 10% simple interest
per annum and fully payable by 26 th May, 2024. As of May 31, 2025, interest accrued and this note has been written off.

 NOTE 9 – INCOME TAXES

 The reconciliation of income tax benefit at the U.S.
statutory rate of 21% for the period ended May 31, 2025 to the company's effective tax rate is as follows:

 Reconciliation of income taxes

 Tax benefit at U.S. statutory rate

 $
 ( 17,465
)

 Change in valuation allowance

 17,465

 Income tax expense

 $
 –

 F- 9

 The tax effects of temporary differences that give
rise to significant portions of the net deferred tax assets at May 31, 2024 are as follows:

 Schedule of deferred tax assets

 Deferred tax assets:

 Net operating loss

 $
 ( 17,465
)

 Valuation allowance

 17,465

 Deferred tax assets

 $
 –

 The Company has approximately $ 83,165 of net operating
losses ("NOL") carried forward to offset taxable income, if any, in future years which expire in fiscal 2041. In assessing
the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred
tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income
during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax
liabilities, projected future taxable income and tax planning strategies in making this assessment. Based on the assessment, management
has established a full valuation allowance against all of the deferred tax assets relating to NOLs for every period because it is more
likely than not that all of the deferred tax asset will not be realized.

 NOTE 10 – CHANGE IN CONTROL

 Effective December 6, 2024,
there occurred a change in control of the Company On such date, pursuant to two separate stock purchase agreements (the "Change-in-Control
Agreements"), Zhang Shengwu acquired a total of 5,250,000 shares of the Company's common stock (the "Acquired Shares"),
5,000,000 of the Acquired Shares from Dwight Witmer and 250,000 of the Acquired Shares from Stephen Townsend. The Acquired Shares represent
approximately 67.51% of the outstanding shares of the Company's common stock and constitute voting control of the Company.

 The total consideration paid
by Mr. Shengwu for the Acquired Shares was $ 335,910 in cash, $ 318,410 to Mr. Witmer and $ 17,500 to Mr. Townsend.

 In conjunction with the Change-in-Control
Agreements, on December 6, 2024, Dwight Witmer resigned as a Director, CEO, CFO and Secretary of the Company, Stephen Townsend resigned
as a Director and COO of the Company and Zhang Shengwu was appointed as the Sole Director, President, Chief Executive Officer and Secretary
of the Company.

 NOTE 11 – SUBSEQUENT EVENTS

 The Company has evaluated other subsequent events
through October 16, 2025, the date these financial statements were issued and has determined that there are no items to disclose.

 F- 10