Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines
Universal Solar Technology, Inc.
11811 North Freeway, Suite 500
Houston, Texas 77060
________________________________
1- 832-229-7046
www.universalsolartechnology,com
paul.landrew@universalsolartechnology.com
SIC: 3433

Quarterly Report
For the Period Ending: March 31, 2020
(the "Reporting Period")

As of 03/31/2020 the number of shares outstanding of our Common Stock was:

600,549,974

As of 12/31/2019 the number of shares outstanding of our Common Stock was:

600,549,974

As of 12/31/2019 the number of shares outstanding of our Common Stock was:

600,549,974

Indicate by check mark whether the company is a shell company (as defined
 in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange
Act of 1934):

Yes: ?		No: ?

Indicate by check mark whether the company's shell status has changed
since the previous reporting period:

Yes: ?		No: ?


Indicate by check mark whether a Change in Control1 of the company has
occurred over this reporting period:

Yes: ?		No: ?


1)	Name of the issuer and its predecessors (if any)

In answering this item, please also provide any names used by
predecessor entities and the dates of the name changes.

Universal Solar Technology, Inc.

Date and state (or jurisdiction) of incorporation (also describe any
changes to incorporation since inception, if applicable) Please also
include the issuer's current standing in its state of incorporation
(e.g. active, default, inactive):

The company was incorporated in the State of Nevada on July 24, 2007
and is currently active with the State.

Has the issuer or any of its predecessors been in bankruptcy,
receivership, or any similar proceeding in the past five years?

Yes: ?		No: ?

If this issuer or any of its predecessors have been the subject of
such proceedings, please provide additional details in the space below:

N/A

2)	Security Information

Trading symbol: 				UNSS
Exact title and class of securities outstanding: 	Common
CUSIP: 					913836102
Par or stated value: 				$.0001

Total shares authorized:	 		2,500,000,000
	as of date: 03/31/20
Total shares outstanding: 			600,549,974
	as of date: 03/31/20
Number of shares in the Public Float2: 		52,579,974
	as of date: 03/31/20
Total number of shareholders of record:		60
	as of date: 03/31/20

All additional class(es) of publicly traded securities (if any):

Trading symbol: 				N/A
Exact title and class of securities outstanding:
CUSIP:
Par or stated value:
Total shares authorized:	 		as of date:
Total shares outstanding: 			as of date:

Transfer Agent

Name: 	     V Stock Transfer, LLC
Phone:       212-828-8436
Email:        info@vstocktransfer.com

Is the Transfer Agent registered under the Exchange
Act?3  Yes: ?	No: ?

Describe any trading suspension orders issued by the
SEC concerning the issuer or its predecessors:

None

List any stock split, stock dividend, recapitalization,
merger, acquisition, spin-off, or reorganization either
currently anticipated or that occurred within the past
12 months:

None

3)	 Issuance History

The goal of this section is to provide disclosure with
respect to each event that resulted in any direct changes
to the total shares outstanding of any class of the
issuer's securities in the past two completed fiscal years
and any subsequent interim period.

Disclosure under this item shall include, in chronological
order, all offerings and issuances of securities, including
debt convertible into equity securities, whether private or
public, and all shares, or any other securities or options
to acquire such securities, issued for services. Using the
tabular format below, please describe these events.

A. Changes to the Number of Outstanding Shares

Check this box to indicate there were no changes to the
number of outstanding shares within the past two completed
fiscal years and any subsequent periods: ?

Shares Outstanding as of Second Most Recent Fiscal Year End:
                                          Opening Balance
Date 12/31/19

  Common:                    600,549,974

  Preferred:                   N/A

*Right-click the rows below and select "Insert" to add rows
as needed.


Date of
Transaction
Transaction type (e.g. new issuance, cancellation, shares
returned to treasury)
Number of Shares Issued (or cancelled)
Class of Securities
Value of shares issued ($/per share) at Issuance
Were the shares issued at a discount to market price at
the time of issuance? (Yes/No)
Individual/ Entity Shares were issued to (entities must
have individual with voting / investment control disclosed).
Reason for share issuance (e.g. for cash or debt conversion)
         -OR-             Nature of Services Provided
Restricted or Unrestricted as of this filing.
Exemption or Registration Type.
01/25/2018
Issuance
20000000
Common
N/A
No
Stephani L. Bankett
Officer
Restricted
Section 4(a)(2)
01/25/2018
Issuance
200000000
Common
N/A
No
Darrell A Calloway
Officer
Restricted
Section 4(a)(2)
01/25/2018
Issuance
20000000
Common
N/A
No
Elbert Hamilton
Officer
Restricted
Section 4(a)(2)
01/25/2018
Issuance
200000000
Common
N/A
No
Paul D Landrew
Officer
Restricted
Section 4(a)(2)
01/25/2018
Issuance
30000000
Common
N/A
No
Tracy Wilkerson
Officer
Restricted
Section 4(a)(2)
01/262018
Issuance
1195880
Common
N/A
No
Cede & CO

Restricted
Section 4(a)(2)
04/25/2018
Cancellation
200000000
Common
N/A
No
Darrell A. Calloway
Officer
Restricted
Section 4(a)(2)
04/25/2018
Cancellation
200000000
Common
N/A
No
Paul D Landrew
Officer
Restricted
Section 4(a)(2)
04/27/2018
Issuance
5000000
Common
N/A
No
Marilyn R Haynes
Gift
Restricted
Section 4(a)(2)
04/27/2018
Issuance
25000000
Common
N/A
No
Caleb J Landrew
Gift
Restricted
Section 4(a)(2)
04/27/2018
Issuance
25000000
Common
N/A
No
Corbin J Landrew
Gift
Restricted
Section 4(a)(2)
04/27/2018
Issuance
25000000
Common
N/A
No
Kimberly R Landrew
Gift
Restricted
Section 4(a)(2)
04/27/2018
Issuance
50000000
Common
N/A
No
Paul D. Landrew
Officer
Restricted
Section 4(a)(2)
04/27/2018
Issuance
25000000
Common
N/A
No
LaTeisha J. Landrew
Gift
Restricted
Section 4(a)(2)
04/27/2018
Issuance
25000000
Common
N/A
No
Johnny Smith
Gift
Restricted
Section 4(a)(2)
04/27/2018
Issuance
10000000
Common
N/A
No
Wayne Nobles
Gift
Restricted
Section 4(a)(2)
04/27/2018
Issuance
10000000
Common
N/A
No
St Stephen Baptist Church - Ernest Schell Control Person
Gift
Restricted
Section 4(a)(2)
05/22/2018
Issuance
160000000
Common
N/A
No
Darrell A Calloway
Officer
Restricted
Section 4(a)(2)
05/22/2018
Issuance
20000000
Common
N/A
No
John Stokes
Gift
Restricted
Section 4(a)(2)
05/22/2018
Issuance
20000000
Common
N/A
No
Austin A Smith
Gift
Restricted
Section 4(a)(2)
08/03/2018
Cancellation
30000000
Common
N/A
No
Tracy Wilkerson
Officer
Restricted
Section 4(a)(2)
08/03/2018
Issuance
28800000
Common
N/A
No
Tracy Wilkerson
Officer
Restricted
Section 4(a)(2)
08/03/2018
Issuance
200000
Common
N/A
No
Skyler Wilkerson
Gift
Restricted
Section 4(a)(2)
08/03/2018
Issuance
200000
Common
N/A
No
Tanesia C Wilkerson
Gift
Restricted
Section 4(a)(2)
08/03/2018
Issuance
200000
Common
N/A
No
Traci S Wilkerson
Gift
Restricted
Section 4(a)(2)
08/03/2018
Issuance
200000
Common
N/A
No
Trenton S Wilkerson
Gift
Restricted
Section 4(a)(2)
08/03/2018
Issuance
200000
Common
N/A
No
Tanesia C / C/F Tristyn S Wilkerson
Gift
Restricted
Section 4(a)(2)
08/03/2018
Issuance
200000
Common
N/A
No
Tanesia C / C/F Tia S Wilkerson
Gift
Restricted
Section 4(a)(2)
08/10/2018
Issuance
2000000
Common
N/A
No
Tamiko L Brock
Employee
Restricted
Section 4(a)(2)
08/10/2018
Issuance
85000
Common
N/A
No
Freddie Hackney III
Gift
Restricted
Section 4(a)(2)
08/10/2018
Issuance
85000
Common
N/A
No
Tyrone Hackney
Gift
Restricted
Section 4(a)(2)
08/10/2018
Issuance
85000
Common
N/A
No
Nicholas Jefferson
Gift
Restricted
Section 4(a)(2)
08/10/2018
Issuance
160000
Common
N/A
No
Ricky Plair
Gift
Restricted
Section 4(a)(2)
08/10/2018
Issuance
5450000
Common
N/A
No
Stock Vest - Art Brent Control Person
Services - Public Relations
Restricted
Section 4(a)(2)












Shares Outstanding on Date of This Report:
Ending Balance Ending Balance:
Date 03/31/20
Common:                          600,549,974
Preferred:                          N/A

Example: A company with a fiscal year end of December 31st,
in addressing this item for its quarter ended September 30,
2019, would include any events that resulted in changes to
any class of its outstanding shares from the period beginning
on January 1, 2017 through September 30, 2019 pursuant to the
tabular format above.

Use the space below to provide any additional details,
including footnotes to the table above:


B. Debt Securities, Including Promissory and Convertible Notes
Use the chart and additional space below to list and describe
all outstanding promissory notes, convertible notes,
convertible debentures, or any other debt instruments that
may be converted into a class of the issuer's equity securities.

Check this box if there are no outstanding promissory,
convertible notes or debt arrangements: ?

Date of Note Issuance
Outstanding Balance ($)
Principal Amount at Issuance ($)
Interest Accrued ($)
Maturity Date
Conversion Terms (e.g. pricing mechanism for determining
conversion of instrument to shares)
Name of Noteholder (entities must have individual with
voting / investment control disclosed).
Reason for Issuance (e.g. Loan, Services, etc.)
12/03/2016
$20,000
$25,000
N/A
Stated in note relative to the dismissal  of court case
in Nevada - A-16-74115-C
"At any time before the Maturity Date, Maker shall have
the right but not the obligation, to cause the Holder
to convert this Note into Common Stock of the Maker or
any security convertible into Common Stock of the Maker
(the "Conversion Shares"), based on a conversion price
equal to the lesser (1) the average price at which the
Maker sells its Common Stock during the sixty (60) days
prior to the conversion or (ii) the par value of the
Maker's Common Stock (the "Conversion Price")
The Arminda Group - Tamiko Plair Control Person
Loan

Use the space below to provide any additional details,
including footnotes to the table above:




4) 	Financial Statements

A. The following financial statements were prepared
in accordance with:

  ? U.S. GAAP
  ? IFRS

B. The financial statements for this reporting period
were prepared by (name of individual)4:

Name: 			J. Anthony Barr, CPA, Esq.
Title:     			CPA
Relationship to Issuer: 	Professional Services
Provider

Provide the financial statements described below for
the most recent fiscal year or quarter.  For the
initial disclosure statement (qualifying for Pink
Current Information for the first time) please
provide reports for the two previous fiscal years
and any subsequent interim periods.

C.	Balance sheet;
D.	Statement of income;
E.	Statement of cash flows;
F.	Statement of Changes in Shareholders' Equity
G.	Financial notes; and
H.	Audit letter, if audited

You may either (i) attach/append the financial
statements to this disclosure statement or (ii)
file the financial statements through OTCIQ as
a separate report using the appropriate report
name for the applicable period end.
("Annual Report," "Quarterly Report" or
"Interim Report").

If you choose to publish the financial statements
in a separate report as described above, you must
state in the accompanying disclosure statement
that such financial statements are incorporated
by reference.  You may reference the document(s)
containing the required financial statements by
indicating the document name, period end date,
and the date that it was posted to OTCIQ in the
field below. Financial Statements must be
compiled in one document.

The 2020 Quarterly Financial Statements are
included in this disclosure.

Financial statement information is considered
current until the due date for the subsequent report
(as set forth in the qualifications section above).
To remain qualified for Current Information, a
company must post its Annual Report within 90
days from its fiscal year-end date and Quarterly
Reports within 45 days of each fiscal quarter-end date.

5) 	Issuer's Business, Products and Services

The purpose of this section is to provide a clear
description of the issuer's current operations.
In answering this item, please include the following:

A. Summarize the issuer's business operations (If
the issuer does not have current operations,
state "no operations")

No Operations

B. Describe any subsidiaries, parents, or affiliated
companies, if applicable, and a description of such
entity's business, contact information for the
business, officers, directors, managers or
control persons. Subsidiary information may be
included by reference

The Arminda Group, LLC is the parent company of
 Universal Solar Technology, Inc.

C. Describe the issuers' principal products or
services, and their markets

N/A

6) 	Issuer's Facilities

The goal of this section is to provide a potential
investor with a clear understanding of all assets,
properties or facilities owned, used or leased by
the issuer.
In responding to this item, please clearly
describe the assets, properties or facilities of
the issuer, give the location of the principal
plants and other property of the issuer and
describe the condition of the properties.
If the issuer does not have complete ownership
or control of the property (for example, if
others also own the property or if there is a
mortgage on the property), describe the
limitations on the ownership.

If the issuer leases any assets, properties or
facilities, clearly describe them as above and
the terms of their leases.

Office Space at 11811 North Freeway, Suite 500,
Houston, Texas 77060.  Six month term with option
if needed.

7) 	Officers, Directors, and Control Persons
The goal of this section is to provide an investor
with a clear understanding of the identity of all
the persons or entities that are involved in
managing, controlling or advising the operations,
business development and disclosure of the issuer,
as well as the identity of any significant or b
eneficial shareholders.

Using the tabular format below, please provide
information, as of the period end date of this
report, regarding any person or entity owning 5%
of more of any class of the issuer's securities,
as well as any officer, and any director of the
company, regardless of the number of shares they
own. If any listed are corporate shareholders or
entities, provide the name and address of the
person(s) beneficially owning or controlling
such corporate shareholders, or the name and
contact information of an individual representing
the corporation or entity in the note section.


Name of Officer/Director or Control Person
Affiliation with Company (e.g. Officer/Director/Owner
of more than 5%)
Residential Address (City / State Only)
Number of shares owned
 Share type/class
Ownership Percentage of Class Outstanding
Note
Paul D Landrew
Officer
Houston, Texas
50000000
Common
8%
------------------
Darrell A Calloway
Officer
Houston, Texas
160000000
Common
26.6%
------------------
The Arminda Group, LLC - Tamiko Plair Control Person
Parent Company
Houston, Texas
200000000
Common
33.3%
These are the shares associated with the Note
currently held by The Arminda Group, LLC

8)	Legal/Disciplinary History

A. Please identify whether any of the persons listed
above have, in the past 10 years, been the subject of:

1. A conviction in a criminal proceeding or named
as a defendant in a pending criminal proceeding
(excluding traffic violations and other minor offenses);

       None

2. The entry of an order, judgment, or decree, not
subsequently reversed, suspended or vacated, by a
court of competent jurisdiction that permanently or
temporarily enjoined, barred, suspended or otherwise
limited such person's involvement in any type of
business, securities, commodities, or banking activities;

       None

3.	A finding or judgment by a court of competent
jurisdiction (in a civil action), the Securities and
Exchange Commission, the Commodity Futures Trading
Commission, or a state securities regulator of a
violation of federal or state securities or commodities
law, which finding or judgment has not been reversed,
suspended, or vacated; or

None

4.	The entry of an order by a self-regulatory
organization that permanently or temporarily barred,
suspended, or otherwise limited such person's
involvement in any type of business or securities activities.

       None

B. Describe briefly any material pending legal
proceedings, other than ordinary routine litigation
incidental to the business, to which the issuer or
any of its subsidiaries is a party or of which any of
their property is the subject. Include the name of the
court or agency in which the proceedings are pending,
the date instituted, the principal parties thereto, a
description of the factual basis alleged to underlie
the proceeding and the relief sought. Include
similar information as to any such
known to be contemplated by governmental authorities.

    None


9) 	Third Party Providers

Please provide the name, address, telephone number
and email address of each of the following outside
providers:

Securities Counsel

Name: 			Andrew Coldicutt
Firm: 			The Law Offices of Andrew Coldicutt
Address 1: 		1220 Rosecrans Street, PMB 258
Address 2: 		San Diego, CA 92106
Phone: 			619-228-4970
Email: 			Andrew@ColdicuttLaw.com







Accountant or Auditor

Name: 			J. Anthony Barr, CPA, Esq.
Firm:			Barr Law and CPA Firm
Address 1:		11811 North Freeway, Suite 500
Address 2: 		Houston, Texas 77060
Phone: 			713-836-9601
Email: 			lawandcpa@outlook.com

Investor Relations

Name:
Firm:
Address 1:
Address 2:
Phone:
Email:

Other Service Providers

Provide the name of any other service provider(s)
that that assisted, advised, prepared or provided
information with respect to this disclosure statement.
This includes counsel, advisor(s) or consultant(s)
or provided assistance or services to the issuer
during the reporting period.

Name:
Firm:
Nature of Services:
Address 1:
Address 2:
Phone:
Email:

Name:
Firm:
Nature of Services:
Address 1:
Address 2:
Phone:
Email:






















10) 	Issuer Certification

Principal Executive Officer:

The issuer shall include certifications by the
chief executive officer and chief financial officer
of the issuer (or any other persons with different
titles but having the same responsibilities).

The certifications shall follow the format below:

I, Paul D. Landrew certify that:

1. I have reviewed this Annual Disclosure Statement
of Universal Solar Technology, Inc.;

2. Based on my knowledge, this disclosure statement
does not contain any untrue statement of a material
fact or omit to state a material fact necessary to
make the statements made, in light of the circum-
stances under which such statements were made, not
misleading with respect to the period covered by
this disclosure statement; and

3. Based on my knowledge, the financial statements,
and other financial information included or
incorporated by reference in this disclosure statement,
fairly present in all material respects the financial
condition, results of operations and cash flows of
the issuer as of, and for, the periods presented in
this disclosure statement.

09/16/20
/s/Paul D. Landrew [CEO's Signature]
(Digital Signatures should appear as "/s/ [OFFICER NAME]")

Principal Financial Officer:

I, Paul D. Landrew certify that:

1. I have reviewed this Annual Disclosure Statement of
Universal Solar Technology, Inc.

2. Based on my knowledge, this disclosure statement
does not contain any untrue statement of a material
fact or omit to state a material fact necessary to
make the statements made, in light of the circumstances
under which such statements were made, not misleading
with respect to the period covered by this disclosure
statement; and

3. Based on my knowledge, the financial statements,
and other financial information included or incorporated
by reference in this disclosure statement, fairly
present in all material respects the financial condition,
results of operations and cash flows of the issuer as of,
and for, the periods presented in this disclosure statement.

09/16/20
/s/Paul D. Landrew [CFO's Signature]
(Digital Signatures should appear as "/s/ [OFFICER NAME]")













Universal Solar Technology, Inc.

Balance Sheet (unaudited)

for the quarter ending March 31, 2020

Assets
Quarter ending March 31, 2020


$

Current assets


    Cash
86

    Accounts Receivables
0

Total Current Assets
86




Fixed assets
27,871

Accumulated Depreciation
(18,116)

Total assets
9,841




Current Liabilities


Accrued Lease Liability
18,340

Long Term Liability


  Loan Payable
19,050

Total Liabilities
37,390




Stockholder's Equity


Common Stock ($0.0001 Par Value) authorized 2,500,000,000
shares; issued and outstanding - 547,970,000 restricted,
52,579,974 non-restricted and 600,549,974 shares
3,081

Additional Paid-In Capital
81,279

Retained Earnings
(579,278)

Opening Balance Equity
(155,500)

Owner's Contributions
626,562

Owner's Equity
(2,260)

Net Income
(1,434)

Total Equity
(27,549)

Total Liabilities and Stockholders' Equity
9,841






Universal Solar Technology, Inc.
Statement of Operations (unaudited)
quarter ending March 31, 2020

Quarter ending March 31, 2020

$


Revenues

  Total Revenue

  Cost of Goods Sold

Gross Profit



Operating Expenses

   Advertising & Marketing

   Charitable Contributions

   Contractors

   Dues & subscriptions

   Legal & Professional Services

   Office Supplies & Software
40
   Other Business Expenses

   Rent & Lease

   Taxes & Licenses

   Travel

Depreciation Expense
1,394
Total Expenses
              1,434
Net Operating Loss
            (1,434)
Net loss
            (1,434)














Universal Solar Technology, Inc
Statement of Cash Flows (unaudited)
quarter ended March 31, 2020

Quarter ended March 31, 2020

$
Operating Activities

Net loss
(1,434)
Depreciation
1,394
  Adjustments to Net Income:

    Changes in Accounts Receivables

Changes in Payables

Total Adjustments to reconcile Net Income to Net Cash provided by operations:

Total Cash Flow from Operating Activities
(40)


Investing Activies



Financing Activities

Additional Paid-In Capital (Common Stock)

Common Stock ($0.0001 Par Value)

Opening Balance Equity

Owner's Contributions

Retained Earnings

Net cash provided by financing activities
-
Net cash increase for period
(40)
Cash at beginning of period
126
Cash at end of period
86
The accompanying notes are an integral part of these
unaudited financial statements.

Notes to Universal Solar Technology, Inc. Financial Statements Unaudited for
Period Ending March 31, 2020.



Table of Contents
NOTE 1.  ORGANIZATION AND NATURE OF BUSINESS	15
Overview	15
NOTE 2.   GOING CONCERN UNCERTAINTY	15
NOTE 3.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	15
Basis of Presentation	15
Basis of Measurement	16
Estimates and Assumptions	16
Other Business Expenses	16
Lease Expense & Accrued Lease Liability	16
NOTE 4.  FIXED ASSETS	16
NOTE 5.  LONG-TERM DEBT	17
NOTE 6.  COMMITMENTS AND CONTINGENCIES	17
Legal Matters	17
NOTE 7.  STOCKHOLDERS' EQUITY	17
Common Stock	17
NOTE 8.  VARIABE INTEREST ENTITY	18
NOTE 9.  EQUITY-BASED COMPENSATION	18
Restricted Stock	18
NOTE 10.  RELATED PARTY TRANSACTIONS	18
NOTE 11.   SUBSEQUENT EVENTS	18










Notes to Universal Solar Technology, Inc.
Financial Statements Unaudited for
Period Ending March 31, 2020.

NOTE 1.  ORGANIZATION AND NATURE OF BUSINESS

Overview

      Universal Solar Technology, Inc. (the "Company")
was incorporated under the laws of the State of Nevada
on July 24, 2007.  The Company's common shares trade
on the OTC Exchange Market under the trading symbol
UNSS.  The Company's principal and registered office
is located at 19547 Bold River Road, Tomball, Texas
77375.  Our telephone number is (832)229-7046 and our
web address is www.universalsolartechnology.com.  The
information provided on our website is not part of this
Annual Report on the OTC Disclosure Statement and is
therefore not incorporated by reference in this Annual
Report on the OTC Disclosure Statement.

      The Company's business focus has moved in the
direction of a fintech renewable energy platform
development as well as the planned installation o
f a closed loop waste to energy technology with a
global consequential impact.


NOTE 2.   GOING CONCERN UNCERTAINTY

      Our unaudited 2020 first quarter financial
statements have been prepared as a going concern
basis in accordance with generally accepted accounting
principles in the United States.  The going concern basis
assumes that we will continue in operations for the
next 12 months and will be able to realize our assets
and discharge our liabilities and commitments in the
normal course of business.

      Our lack of revenue, recurring losses, negative
cash flows from operating activities, stockholders'
deficit, need for additional financing and the
uncertainties surrounding our ability to obtain such
financing raise substantial doubt about our ability to
continue as a going concern.  The Company's anticipated
merger with Entrex will position the Company to
generate revenue from a more diverse strategic
investment approach.  Likewise we are in the final
stages of negotiations for a partnership with a waste
to energy company which will position us for revenue
generation within the next 12 months.

      The achievement of these goals is paramount to
the mitigation of the factors described.  To fail in
completing these actions will cast substantial doubt
as to our ability to continue as a going concern for
a period of 12 months after the date our financial
statements included in this Annual Report on OTC
Disclosure Statement are issued. If we become unable
to continue as a going concern, we may have to
liquidate our assets, and potentially realize
significantly less than the values at which
they are carried on our financial statements,
and the holders of our securities could lose
all or part of their investment.

NOTE 3.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of Presentation

      The Company's unaudited 2020 first quarter
financial statements were approved by the Board of
Directors on September 14, 2020 and have been prepared
in accordance and conformity with generally accepted
accounting principles as issued by the Financial
Accounting Standards Board (FASB) using the
accounting policies described herein.

Notes to Universal Solar Technology, Inc.
Financial Statements Unaudited for
Period Ending March 31, 2020.

Basis of Measurement

      These financial statements are presented in
US dollars which is the functional and reporting
currency.  The financial statements are prepared
on a historical cost basis.  In addition, these
financial statements have been prepared using
the accrual basis of accounting.

Estimates and Assumptions

      The preparation of the condensed financial
statements in conformity with generally accepted
accounting principles, United States, requires
management to make estimates and assumptions that
affect the reported amounts of assets and
liabilities and disclosure of contingent assets
and liabilities at the date of the financial
statements and the reported amounts of revenues
and expenses during the reporting period. The most
significant estimates in the Company's financial
statements relate to fixed assets. Actual results
could differ from those estimates.

Other Business Expenses

      The Company recorded non-capitalized
equipment, office supplies, reimbursements,
bank charges, postage, printing services and
utilities in this account.

Lease Expense & Accrued Lease Liability

      On January 1, 2019, we adopted Accounting
Standards Update ("ASU") No. 2016-02, Leases, as
amended by ASU 2018-10, Codification Improvements
to Topic 842, ASU 2018-11, Targeted Improvements,
and 2019-01, Codification Improvements.  These
ASUs required the recognition of lease assets
and lease liabilities for virtually all leases
and required disclosure of key information about
leasing arrangements.  We elected to adopt these
new standards prospectively.

   The Company had a two-year sub-lease agreement
 with a company that had surplus space.  The lease
 began March 2017 and ended March 2019.  The monthly
 payments were $3,200 per month.  Upon inquiry,
the Company disclosed that while it paid $58,460 for
leasing, there was an outstanding balance of $18,340
("outstanding balance") which is payable by December
31, 2020. Of the outstanding balance, $9,600 is
attributable to 2019, and $8,740 is attributed to 2018.

   In 2018, the Company did not properly expense
and accrue for the lease liability applicable to
 the period.  With the adoption of ASU 2018-10
and to correct this accounting error, the Company
recorded expenses and accrued lease liability for
2018 as follows:
   The landlord did not take legal action nor did
 the landlord impose interest on the outstanding
balance. The Company has agreed to pay  the
remaining balance of $18,340 by December 31, 2020.
For the avoidance of doubt, the landlord is not a
related party.

NOTE 4.  FIXED ASSETS
      Fixed Assets comprised of furniture,
desktop computers, fax machines, phone and
security systems as of March 31.  Fixed Assets
are depreciated using the straight-line method
over five (5) years.
Notes to Universal Solar Technology, Inc.
Financial Statements Unaudited for
Period Ending March 31, 2020.


NOTE 5.  LONG-TERM DEBT

   Long-term debt consisted of the following
as of March 31:




Loan Payable
(unaudited)


        $
(a)  Loan Payable

   19,050
(b)  Interest rate

       0
(c) Years in repayment


Lump sum

(a) The Company currently has a loan payable
in the amount of $19,050.
(b) The interest rate on the loan is 0 percent.
(c) The original loan amount was $25,000. These
funds were used in securing the receivables.
The balance reflected as of December 31, 2018
was $19,050. The lender, Darrell A. Calloway,
serves as President of the Company; this
 related Party Transaction is also discussed
in Note 11.  Mr. Calloway has agreed to defer
monthly payments on the loan.  The loan is
due in full by December 31, 2022.

NOTE 6.  COMMITMENTS AND CONTINGENCIES

Legal Matters

			The Company confirms
that are no legal matters or litigation pending.

NOTE 7.  STOCKHOLDERS' EQUITY

Common Stock

      As of December 31, 2018, we are authorized
to issue 2.5 billion shares of common stock with
a par value of $0.0001 per share.  For the years
ended December 31, 2019, and December 31, 2018
there were 600,549,974 shares issued and outstanding.

      Basic loss per common share is computed by
dividing net loss available to common stockholders
by the weighted average number of common shares
outstanding during each period. The computation
of basic loss per share is presented as follows
for the years ended December 31, 2019 and
December 31, 2018:



Loss Per Common Share (unaudited)
Loss Per Common Share (unaudited)


2019
2018


(t)    Loss Per Common Share
Weighted average common shares outstanding (basic)
(0.0001)

(0.0004)

NOTE 8.  VARIABE INTEREST ENTITY

      A VIE is defined as an entity in which equity
investors do not have the characteristics of a
controlling financial interest or do not have
sufficient equity at risk for the entity to
finance its activities without additional
subordinated financial support from other parties.
The Company confirms that there are no VIE interests.

NOTE 9.  EQUITY-BASED COMPENSATION

Restricted Stock

	In August 2017, the company issued Restricted
Stock Units for the original management team.  The
stock was issued at par value and carried a two
year vesting period.  The company has disclosed
all Restricted Stock Units which were issued and
are included in the current disclosure.  There
are no additional entitlements or options planned
 at this time.  There have been no transactions
of stock being sold by the original management
team as the shares are still restricted since
no legal opinion has been attained.  All
certificates still have a legend.

NOTE 10.  RELATED PARTY TRANSACTIONS

      As of December 31, 2018, Company has
received loans from Paul D. Landrew, Chairman
and Chief Executive Officer and Darrell A.
Calloway, President. Paul D. Landrew loaned
the Company of $626,562 which was converted
to "Owner's Equity".  Presently, the Company,
has a loan payable to Darrell A. Calloway in
the amount of $19,050 as described in Note 6.

NOTE 11.   SUBSEQUENT EVENTS

		The Company confirms that w
ere no subsequent events to report.

1 "Change in Control" shall mean any events
resulting in:

(i) Any "person" (as such term is used in Sections
13(d) and 14(d) of the Exchange Act) becoming the
"beneficial owner" (as defined in Rule 13d-3 of
the Exchange Act), directly or indirectly, of
securities of the Company representing fifty
percent (50%) or more of the total voting p
ower represented by the Company's then outstanding
voting securities;

(ii) The consummation of the sale or disposition
by the Company of all or substantially all of the
Company's assets;

(iii) A change in the composition of the Board
occurring within a two (2)-year period, as a
result of which fewer than a majority of the
directors are directors immediately prior to
such change; or

(iv) The consummation of a merger or consolidation
 of the Company with any other corporation, other
than a merger or consolidation which would result
in the voting securities of the Company outstanding
immediately prior thereto continuing to represent
(either by remaining outstanding or by being
converted into voting securities of the surviving
entity or its parent) at least fifty percent (50%)
of the total voting power represented by the voting
securities of the Company or such surviving entity
or its parent outstanding immediately after such
merger or consolidation.

2 "Public Float" shall mean the total number of
unrestricted shares not held directly or indirectly
 by an officer, director, any person who is the
beneficial owner of more than 10 percent of the
total shares outstanding (a "control person"),
or any affiliates thereof, or any immediate
family members of officers, directors and
control persons.

3 To be included in the Pink Current Information
tier, the transfer agent must be registered under
the Exchange Act.

4 The financial statements requested pursuant to
this item must be prepared in accordance with US
GAAP or IFRS by persons with sufficient financial
skills.