Company: CBLO
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001599916-25-000058
Chunk: 14

Company: C2 Blockchain, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 14
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 a private placement transaction, for total proceeds of $40,000. This transaction was exempt from registration under Section 4(a)(2)
of the Securities Act of 1933 and Rule 506(b) of Regulation D promulgated thereunder.

During the same period, the Company received a total of $28,000 from two prospective shareholders for the purchase of common stock.
As of March 31, 2025, these subscribed shares had not yet been issued.

Going Concern

The
Company’s financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern
that contemplates the realization of assets and liquidation of liabilities in the normal course of business.

The
Company demonstrates adverse conditions that raise substantial doubt about the Company's ability to continue as a going concern for one
year following the issuance of these financial statements. These adverse conditions are negative financial trends, specifically operating
loss, working capital deficiency, and other adverse key financial ratios.

The
Company has not established any source of revenue to cover its operating costs. Management plans to fund operating expenses with related
party contributions to capital. There is no assurance that management's plan will be successful. The financial statements do not include
any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities
that might be necessary in the event that the Company cannot continue as a going concern.

    ITEM
    3
    QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET
    RISK

As a smaller reporting company, as defined in Rule
12b-2 of the Exchange Act, we are not required to provide the information called for by this Item.

-3-

    ITEM 4
    CONTROLS AND PROCEDURES

Management’s Report on Disclosure Controls
and Procedures

We maintain disclosure controls and procedures
that are designed to ensure that information required to be disclosed in our reports filed under the Securities Exchange Act of
1934, as amended, is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange
Commission's rules and forms, and that such information is accumulated and communicated to our management, including our chief
executive officer and our chief financial officer, Levi Jacobson, (who is acting as our principal executive officer, principal
financial officer and principle accounting officer) to allow for timely decisions regarding required disclosure.

As of March 31, 2024, we carried out an evaluation, under the supervision of our chief executive