Company: FTSP
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001199835-25-000267
Chunk: 7

Company: FinTrade Sherpa, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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 share. The Company reserved 10,000,000
shares of common stock for issuance under its 2016 Omnibus Equity Incentive Plan. The Company has issued 124,054,600 common shares and
no preferred shares.

Subsequent
to June 30, 2025, the Company issued 1,760,000 common shares for gross proceeds of $220,000, of which $20,000 was received prior to period
end.

Options

No
options are outstanding at June 30, 2025, and December 31, 2024.

5.RELATED
PARTY TRANSACTIONS AND AMOUNTS DUE

In
addition to transactions with related parties discussed elsewhere in these unaudited interim financial statements, the following transactions
occurred with related parties.

On
February 14, 2025, the Company entered into a Debt Conversion Agreement with Lode-Star Gold Inc. (“LSG”), pursuant
to which the Company and LSG settled aggregate debt of $169,645 owed by the Company to LSG through the conversion of the debt into 1,357,158
common shares of the Company.

At
June 30, 2025, the Company had amounts due to related parties of $29,577, with no specific terms of repayment, due to the Company’s
majority shareholder and president, with no accrued interest payable.

9

    ITEM
    2.
    MANAGEMENT’S
    DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The
following discussion and analysis of our financial condition and results of operations should be read in conjunction with our unaudited
interim financial statements and related notes appearing elsewhere in this Quarterly Report. In addition to historical financial information,
the following discussion includes certain forward-looking statements that reflect our plans, estimates, and our current views with respect
to future events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate,
anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue
certainty on these forward-looking statements, which apply only as of the date of this report. Except as required by applicable law,
including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these
statements to actual results.

New
Business 

As
at July 25th, 202