Company: CCCP
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001477932-25-001313
Chunk: 115

Company: Crona Corp.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 4
Chunk 115
---
 to continue as a going concern included the following, among others:

 ·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. ·We reviewed and evaluated management's plans for dealing with adverse effects of these conditions and events. ·We inquired of Company management and reviewed company records to assess whether there are additional factors that contribute to the uncertainties disclosed. ·We assessed whether the Company’s determination that there is substantial doubt about its ability to continue as a going concern was adequately disclosed.

/S/ Boladale Lawal

Boladale Lawal & CO (PCAOB ID 6993)

We have served as the Company's auditor since 2024

Lagos, Nigeria

February 25, 2025

 F-3Table of Contents

CRONA CORP.BALANCE SHEETS         December 31, 2024  December 31, 2023        ASSETS      Current Assets      Prepaid expenses $-  $255 Total Current Assets  -   255 Long-term Assets        Intangible asset, net  25,006   50,013 Property, plant and equipment, net  14,070   18,550 Total Long-term Assets  39,076   68,563 Total Assets  $39,076  $68,818 LIABILITIES AND STOCKHOLDERS’ DEFICIT        Liabilities        Current Liabilities        Accounts payable $7,323  $2,544 Accrued expenses  -   2,000 Interest payable  44,129   21,258 Related party advances   24,643   4,503 Convertible notes payable, net of discount  132,500   130,637 Total Current Liabilities  208,595   160,942 Promissory note, related party  100,000   100,000 Total Long Term Liabilities  100,000   100,000 Total Liabilities  308,595   260,942 Commitments and contingencies (Note 6)        Stockholders’ Deficit        Preferred stock, par value $0.00001 10,000,000 shares authorized,