Company: NUTR
Filing Date: 2025-05-12
Form Type: S-1/A
Source: 0001641172-25-009604
Chunk: 215

Company: NUSATRIP Inc
Filing Date: 2025-05-12
Form: S-1/A
Chunk 215
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 STATEMENTS

FOR THE THREE MONTHS ENDED MARCH 31, 2025 AND 2024

(Currency expressed in United States Dollars (“US$”))</div>

NOTE 10 — SHAREHOLDERS’ EQUITY(cont.)

Preferred Stock

On May 22, 2023, we designated 50,000 shares of our preferred stock as Super Voting Preferred Stock. On June 21, 2024, we designated an additional 25,000 shares of our preferred stock as Super Voting Preferred Stock.

On September 3, 2024, we have issued 75,000 shares of the Company’s Super Voting Preferred Stock to Heather Maynard. On October 14, 2024, we have cancelled the Company’s Super Voting Preferred Stock to Heather Maynard and the 75,000 Super Voting Preferred Stocks are held in the treasury stock.

Voting Rights:Each share of the Company’s preferred stock entitles its holder to 1,000 votes per share and votes with the Company’s Common Stock as a single class on all matters to be voted or consented upon by the stockholders.

Dividend Right:The holders of the Company’s preferred stock are not entitled to any dividend rights.

Liquidation Right:The holders of the Company’s preferred stock are not entitled to any liquidation preference.

Conversion Rights:The shares of the Company preferred stock are not convertible into the Company’s common stock.

Redemption Rights:The Super Voting Preferred Stock is not subject to any redemption rights .

Other Matters:The holders of the Company’s preferred stock have no subscription or redemption privileges and are not subject to redemption. The Company’s Series Preferred Stock does not entitle its holders to preemptive rights. All of the outstanding shares of the Company’s preferred stock are fully paid and non-assessable.

NOTE 11 — INCOME TAXES

The provision for income taxes consisted of the following:

|             |     | Three        
 months ended 
 March        
 31,          
 2025         |   |     | 2024 |     |
|:------------|:----|:-------------|:--|:----|:-----|----:|
| Current     
 tax         |     | $            | — |     | $    | 465 |
| Income      
 tax expense |     | $            | — |     | $    | 465 |

Reconciliation of statutory to effective tax rate:

|                                  |     | Three        
 months ended 
 March        
 31,          
 2025         |          |   |