Company: CBLO
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001882781-25-000034
Chunk: 387

Company: C2 Blockchain, Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 7A
Chunk 387
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 management. Our responsibility is to express an opinion on the Company’s
financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board
(United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities
laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We
conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company
is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit,
we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion
on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Our
audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error
or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding
the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant
estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides
a reasonable basis for our opinion.

/S/
MICHAEL GILLESPIE & ASSOCIATES, PLLC

We
have served as the Company’s auditor since 2024.

PCAOB
ID: 6108

Vancouver,
Washington

September
4, 2025 

-
F2 -

Table
of Contents

C2
Blockchain, Inc.

Balance
Sheets

(Audited)

    June
                                            30,  2025 

    June
                                            30, 2024 
  
    ASSETS

    CURRENT
    ASSETS

    Cash
    and cash equivalents
    $
    9
     
    $
    30
  
    Prepaid
    Expenses
     
    13,068

    -
  
    Total
    Current Assets
     
    13,077

    30

    NON-CURRENT
    ASSETS

    Intangible
    assets – cryptocurrency
    $