Company: LAAI
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001683168-25-003680
Chunk: 3

Company: Loan Artificial Intelligence Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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 the
Condensed Financial Statements

As of and for the three months ended March 31,
2025 and December 31, 2024

(Unaudited)

NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS

Vestiage, Inc. (OTC “VEST”) was incorporated
under the laws of the State of Florida on October 31, 2006, as The Harvard Learning Centers, Inc. On February 18, 2013, the name of the
Company was changed to Vestiage, Inc.

Business operations for Vestiage, Inc. were abandoned
by former management when they resigned on September 9, 2015, and a custodianship action, as described in the subsequent paragraph, was
commenced in 2021.

On May 26, 2022, the Circuit Court of the Nineth
Judicial Circuit in and for Orange County, Florida granted the Application for Appointment of Custodian as a result of the absence of
a functioning board of directors and the revocation of the Company’s charter. The order appointed Small Cap Compliance, LLC (the
“Custodian”) custodian with the right to appoint officers and directors, negotiate and compromise debt, execute contracts,
issue stock, and authorize new classes of stock.

Small Cap Compliance, LLC (“SCC”)
is a shareholder in the Company and applied to the Court for an Order appointing SCC as the Custodian. This application was for the purpose
of reinstating VEST’s corporate charter to do business and restoring value to the Company for the benefit of the stockholders.

The court awarded custodianship to the Custodian
based on the absence of a functioning board of directors, revocation of the company’s charter, and abandonment of the business.
At this time, the Custodian appointed Rhonda Keaveney as sole officer and director.

The Custodian attempted to contact the Company’s
officers and directors through letters, emails, and phone calls, with no success.

On December 31, 2022, the company executed a Share
Exchange Agreement with Fun Fitness Corporation (“FFC”), of which Rhonda Keaveney is the sole officer and director. The Company
acquired 1,000,000 shares of Series A Preferred Stock of FFC in exchange for 500,000 shares of common stock, making Fun Fitness Corporation
a wholly owned subsidiary of the Company. The acquisition is a combination of entities under common control; however, FFC was incorporated