Company: CBLO
Filing Date: 2025-02-03
Form Type: 10-Q
Source: 0001599916-25-000009
Chunk: 0

Company: C2 Blockchain, Inc.
Filing Date: 2025-02-03
Form: 10-Q
Item: Item 1
Chunk 0
---
 reconcile net loss to net cash used in operating activities:

    Changes
    in current assets and liabilities:

    Net
    cash used in operating activities
     
    (12,564)

    (13,510)

    CASH
    FLOWS FROM FINANCING ACTIVITIES

      Loan
    to company - related party
    $
                  12,554
     
    $
            13,600
  
    Net
    cash provided by financing activities
     
                 12,554

                13,600

    Net
    change in cash
    $
    (10)
     
    $
    90
  
    Beginning
    cash balance
     
    30

    -
  
    Ending
    cash balance
    $
    20
     
    $
    90

    SUPPLEMENTAL
    DISCLOSURE OF CASH FLOW INFORMATION: 

         Interest
    paid
    $
    -
     
    $
    -
  
         Income
    taxes paid
    $
    -
    
    $
    -

The accompanying
notes are an integral part of these unaudited financial statements.

F-4

Table of Contents

C2
Blockchain, Inc.

Notes
to the Unaudited Financial Statements

Note
1 - Organization and Description of Business

C2 Blockchain, Inc. was incorporated on June 30, 2021, in
the State of Nevada.

On
June 30, 2021, Levi Jacobson was appointed Chief Executive Officer, Chief Financial Officer, and Director of C2 Blockchain, Inc.

On
April 1, 2022, the Company completed a holding company reorganization.

On
May 23, 2022, C2 Blockchain, Inc. began a quoted market in its common stock on May 23, 2022, under the ticker symbol “CBLO”
as listed on the OTC Markets Group.

The
Company’s business plan is to concentrate on cryptocurrency related investments and development opportunities including but not
limited to cryptocurrency mining, primarily for Bitcoin, for our own account, investments in private and/or public entities, joint ventures
and acquisitions of blockchain related companies. We have not commenced our planned principal operations.

Currently,
Mendel Holdings, LLC, a Delaware Limited Liability Company, owned and controlled by Levi Jacobson, our sole director is our controlling
shareholder, owning 200,