Company: GLEI
Filing Date: 2025-08-26
Form Type: 10-Q
Source: 0001139020-25-000273
Chunk: 5

Company: Galaxy Enterprises Inc. /WY/
Filing Date: 2025-08-26
Form: 10-Q
Item: Part I, Item 8
Chunk 5
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 the information and notes required by GAAP for the complete financial statements. While the information presented is unaudited, it includes all adjustments, which are, in the opinion of management, necessary to present fairly the financial position, result of operation and cash flows for the interim periods presented in accordance with accounting principles generally accepted in the United States of America. All adjustments are of a normal recurring nature. It is suggested that the interim financial statements be read in conjunction with the Company’s year-end July 31, 2023 financial statements. Operating results for the nine-month period ended April 30, 2024 are not necessarily indicative of the results that can be expected for the fiscal year ended July 31, 2024.
 
There have been no changes in the accounting policies from those disclosed in the notes to the audited financial statements for the period ended July 31, 2023.

4. CAPITAL STOCK
 
The total number of common shares authorized that may be issued by the Company is 500,000,000 shares with a par value of $0.0001 per share.
 
There was no capital stock activity during the nine months ended April 30, 2024 and 2023.
 
As of April 30, 2024, there were no issued and outstanding stock options or warrants.

F-5

5. RELATED PARTY TRANSACTIONS
 
None.

6. SUBSEQUENT EVENTS
 
None.

F-6

Item 2. Management’s Discussion and Analysis of Financial Conditions and Results of Operations.

Forward Looking Statements

This quarterly report contains forward-looking statements that involve risks and uncertainties.  We use words such as anticipate, believe, plan, expect, future, intend and similar expressions to identify such forward-looking statements. You should not place too much reliance on these forward-looking statements. Our actual results are likely to differ materially from those anticipated in these forward-looking statements for many reasons, including the risks faced by us described in this section.

Overview

We intend to commence business operations by offering real estate management services for clients that focus on cost-efficient operations and tenant retention on a range of properties including residential housing and Class A, B, and C office space, as well as industrial, manufacturing, retail, and warehousing facilities. We also intend to provide our clients with real estate consulting services, including market analysis and modeling, market forecasts, lease and asset management, site selection, feasibility studies, sales and exit strategies, strategic planning, organizational design, capital management, and research services. We