Company: NTCS
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001683168-25-004268
Chunk: 118

Company: Natics Corp.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 3
Chunk 118
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and outstanding as of January 31, 2023.

During the quarter ended April 30, 2023, the Company
issued 440,000 common shares to few individuals at $0.01 per share in consideration of $4,400.

There were 5,280,300 shares of
common stock issued and outstanding as of April 30, 2023.

     F-10 

During the quarter ended July 31, 2023, the Company
issued 215,000 common shares to few individuals at $0.01 per share in consideration of $2,150.

There were 5,495,300 shares of common stock issued
and outstanding as of April 30, 2025.

Voting Common Stock

All shares of common stock have voting rights
and are identical. All holders of shares of voting common stock shall at every meeting of the stockholders be entitled to one vote for
each share of the capital stock held by such stockholder.

Non-voting Common Stock

All of the other terms of the Non-Voting Common
Stock shall be identical to the Voting Common Stock, except for the right of first refusal that attaches to the Non-Voting Common Stock,
as explained in the Company’s Bylaws.

NOTE 5 – COMMITMENTS AND CONTINGENCIES

In the normal course of business, the Company
may become a party to litigation matters involving claims against it. At April 30, 2025, there are no current matters that would have
a material effect on the Company’s financial position or results of operations.

The extent of the impact of the coronavirus (“COVID-19”)
outbreak on the financial performance of the Company will depend on future developments, including the duration and spread of the outbreak
and related advisories and restrictions and the impact of COVID-19 on the overall economy, all of which are highly uncertain and cannot
be predicted. If the overall economy is impacted for an extended period, the Company’s future operating results may be materially
and adversely affected.

NOTE 6 – INTANGIBLE ASSETS

The Company purchased and possesses an asset in
a form of the website and mobile application concerned with online workouts. The Company purchased the website and mobile application
for $43,000 and is amortizing the asset straight-line over its five year useful life or $8,600 per year.

Balances as of April 30, 2025 and April 30, 2024
are as follows:

    April 30