Company: STRG
Filing Date: 2025-09-08
Form Type: 10-Q
Source: 0001640334-25-001648
Chunk: 5

Company: STARGUIDE GROUP, INC.
Filing Date: 2025-09-08
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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The accompanying notes are an integral part of these condensed consolidated financial statements.

 6Table of Contents

STARGUIDE GROUP, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

JULY 31, 2025

(Unaudited)

NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS Starguide Group, Inc. was incorporated in the State of Nevada on February 21, 2017 and established a fiscal year end of January 31. The Company intends to be an incubator of Software as a Service (Saas) startups and is in active discussions with multiple SaaS businesses. The Company’s goal is to identify and locate SaaS businesses with the potential to grow, and to bring them under the Starguide corporate umbrella.  On December 8, 2022, the Company acquired 80% shares in Live Investments Holdings, a corporation organized in Great Britain located in London, in exchange for sixteen thousand dollars ($16,000) on closing.  Live Investments Holdings Ltd. owns 100% of Live Lead Tech Ltd, a cloud-based lead generation software corporation organized in Great Britain located in London. As a result of the acquisition of a majority of the issued and outstanding shares of Live Investments Holdings Ltd, the Company have now assumed Live Investments Holdings Ltd’s business operations as a majority-owned subsidiary and on a consolidated basis.   

NOTE 2 – GOING CONCERN UNCERTAINTY As reflected in the accompanying consolidated financial statements, the Company’s current liabilities exceeded its current assets by $379,725, has an accumulated deficit of $373,442 and shareholders’ deficit of $378,458 as of July 31, 2025. For the six months ended July 31, 2025, the Company suffered a net loss of $30,941 and negative operating cash flow of $25,946. These factors among others raise substantial doubt about our ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent on the financial support from its major shareholder and its ability to raise additional capital and implement its business plan. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. Management believes that the current actions to obtain additional funding and implement its strategic plans provide the opportunity for the Company to continue as a going concern. There are no