# EDGAR Filing Document

**Accession Number:** 0001748232
**File Stem:** 0001641172-25-019058
**Filing Date:** 2025-7
**Character Count:** 348318
**Document Hash:** e0d45e8ed49520532155278a6dce80b8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641172-25-019058.hdr.sgml**: 20250714

**ACCESSION NUMBER**: 0001641172-25-019058

**CONFORMED SUBMISSION TYPE**: 10-K

**PUBLIC DOCUMENT COUNT**: 60

**CONFORMED PERIOD OF REPORT**: 20250331

**FILED AS OF DATE**: 20250714

**DATE AS OF CHANGE**: 20250714

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GPODS, INC.
- **CENTRAL INDEX KEY:** 0001748232
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-BUILDING MATERIALS, HARDWARE, GARDEN SUPPLY [5200]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 821608504
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 10-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-226515
- **FILM NUMBER:** 251120878

**BUSINESS ADDRESS:**
- **STREET 1:** 1308 OAK AVENUE
- **CITY:** CARLSBAD
- **STATE:** CA
- **ZIP:** 92008
- **BUSINESS PHONE:** 760-681-6665

**MAIL ADDRESS:**
- **STREET 1:** 1308 OAK AVENUE
- **CITY:** CARLSBAD
- **STATE:** CA
- **ZIP:** 92008

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 10-K**

(Mark One)

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

for the Annual period ended **March 31, 2025**

OR

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

for the transition period from ___________ to__________

Commission file number **<u>333-226515</u>**

**<u>GPODS, INC.</u>**

(Exact name of registrant as specified in its charter)

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| | |
|:---|:---|
| **nevada** | **82-1608504** |
| (State or other jurisdiction of<br> incorporation or organization) | (I.R.S. Employer<br> Identification No.) |

---

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| | |
|:---|:---|
| **1035 East Vista Way, Vista California** | **92084** |
| (Address of principal executive offices) | (Zip Code) |

---

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| |
|:---|
| Registrant's telephone number, including area code: **(442) 237-2345** |
| **N/A** |
| (Former name, former address and former fiscal year, if changed since last report) |

---

Copies of communications to:

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No ☒

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☐ No ☒

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☐ No ☒

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer ☐ (Do not check if a smaller reporting company) Smaller reporting company ☒ <br> Emerging Growth Company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in rule 12b-2 of the Exchange Act). Yes ☐ No ☒

The aggregate market value of the voting and non-voting common stock held by non-affiliates of the registrant as of the last business day of the registrant's most recently completed second fiscal quarter was none.

The number of shares of the registrant's common stock outstanding as of July 14, 2025 was 22,770,500 shares.

Documents incorporated by reference: None

**GPODS, INC.**

**INDEX TO ANNUAL REPORT ON FORM 10-K**

---

| | | |
|:---|:---|:---|
| **[PART I](#Aa_001)** | **[PART I](#Aa_001)** | **[PART I](#Aa_001)** |
| ITEM 1. | [BUSINESS](#Aa_002) | 4 |
| ITEM 1A. | [RISK FACTORS](#Aa_003) | 10 |
| ITEM 1B. | [UNRESOLVED STAFF COMMENTS](#Aa_004) | 20 |
| ITEM 2. | [PROPERTIES](#Aa_005) | 21 |
| ITEM 3. | [LEGAL PROCEEDINGS](#Aa_006) | 21 |
| ITEM 4. | [MINE SAFETY DISCLOSURES](#Aa_007) | 21 |
| **[PART II](#Aa_008)** | **[PART II](#Aa_008)** | **[PART II](#Aa_008)** |
| ITEM 5. | [MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES](#Aa_009) | 21 |
| ITEM 6. | [SELECTED FINANCIAL DATA](#Aa_010) | 22 |
| ITEM 7. | [MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION](#Aa_011) | 22 |
| ITEM 7A. | [QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK](#Aa_012) | 32 |
| ITEM 8. | [FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA](#Aa_013) | 32 |
| ITEM 9. | [CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE](#Aa_014) | 33 |
| ITEM 9A. | [CONTROLS AND PROCEDURES](#Aa_015) | 33 |
| ITEM 9B. | [OTHER INFORMATION](#Aa_016) | 34 |
| [**PART III**](#Aa_017) | [**PART III**](#Aa_017) | [**PART III**](#Aa_017) |
| ITEM 10. | [DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE](#Aa_018) | 34 |
| ITEM 11. | [EXECUTIVE COMPENSATION](#Aa_019) | 37 |
| ITEM 12. | [SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS](#Aa_020) | 38 |
| ITEM 13. | [CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE](#Aa_021) | 43 |
| ITEM 14. | [PRINCIPAL ACCOUNTANT FEES AND SERVICES](#Aa_022) | 44 |
| [**PART IV**](#Aa_023) | [**PART IV**](#Aa_023) | [**PART IV**](#Aa_023) |
| ITEM 15. | [EXHIBITS AND FINANCIAL STATEMENT SCHEDULES](#Aa_024) | 45 |
|  | [SIGNATURES](#Aa_025) | 46 |
|  | CERTIFICATIONS |  |

---

**<u>Part I</u>**

**FORWARD-LOOKING STATEMENTS**

This Annual Report on Form 10-K ("Report") contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). These forward-looking statements are not historical facts but rather are based on current expectations, estimates and projections. We may use words such as "anticipate," "expect," "intend," "plan," "believe," "foresee," "estimate" and variations of these words and similar expressions to identify forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control, are difficult to predict and could cause actual results to differ materially from those expressed or forecasted. These risks and uncertainties include the following:

● the risks and other factors described under the caption "Risk Factors" under Item 1A of this Report on Form 10-K;

● our future operating results;

● our business prospects;

● any contractual arrangements and relationships with third parties;

● the dependence of our future success on the general economy;

● any possible financings; and

● the adequacy of our cash resources and working capital.

Because the factors referred to above could cause actual results or outcomes to differ materially from those expressed in any forward-looking statements made by us, you should not place undue reliance on any such forward-looking statements. New factors emerge from time to time, and their emergence is impossible for us to predict. In addition, we cannot assess the impact of each factor on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

This Report should be read completely and with the understanding that actual results may be materially different from what we expect. The forward-looking statements included in this Report are made as of the date of this Report and should be evaluated with consideration of any changes occurring after the date of this Report. We will not update forward-looking statements even though our situation may change in the future and we assume no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Except as otherwise indicated by the context, references in this report to "Company", "GPods", "we", "us" and "our" are references to GPODS, INC. All references to "USD" or United States Dollar refer to the legal currency of the United States of America.

**ITEM 1. BUSINESS**

We were incorporated under the laws of the State of Nevada on March 27, 2017, at which time we acquired a business plan, various pieces of information technology, furniture and other office equipment, as well as industry resource materials and business relationships from our founder and CEO, Mr. Dolan. As of July 14, 2025, we had three employees, Mr. Dolan and two other individuals. For fiscal year 2025, Mr. Dolan will continue to devote at least 25 - 30 hours a week to us but may increase the number of hours as necessary.

The Company issued 6,000,000 shares of its common stock to Mr. Dolan at inception in exchange for organizational services. Following our formation, we issued an additional 4,000,000 shares of our common stock to Mr. Dolan, in exchange for a business plan, office furniture, design equipment, computing equipment along with other related industry materials that he developed.

As a commercial organic grower, Mr. Dolan was the third employee with Fortuna Organics in Fallbrook, California (located outside of San Diego). Mr. Dolan experienced a significant amount of rudimentary development in indoor organic farming. The first GPod developed with which Mr. Dolan participated in was to support growing in all season, the year-round ability to grow organic produce. This became a completely new approach to organic growing. The green houses moved food production from the lower latitudes (as evidenced in the southern United States), to higher latitudes. While green houses had inherent problems, different light cycle per season of the year, GPods allows the grower to grow year-round. This empowers the grower to control 'Organic Requirements', a major concern in the organic growing industry. Never before had the growing industry needed to consider demand for organic produce and its extreme popularity

Another progressive development Mr. Dolan was involved in was integrating new types of growing processes from drip irrigation and root immersion. Mr. Dolan first visualized the concept of the GPod while working with Fortuna Organics. Mr. Dolan' professional experience has provided him with keen insight into what the indoor grower needs to be successful. Through experimentation and multiple manufacturing trial and errors, Mr. Dolan established the importance of simplicity and automation in the growing process.

This we believe is a vital aspect of what will be the GPods experience. Mr. Dolan will maximize his professional expertise in organic farming industry providing a background for GPods product offerings to transform the green house. Mr. Dolan believes the GPod solution is a revolutionary growing system that will add benefits to the local community by creating alternative food sources to urban neighborhoods.

We are a development stage company and have limited financial resources. We have not established or attempted to establish a source of equity or debt financing. Our independent registered public accounting firm has included an explanatory paragraph in their report emphasizing the uncertainty of our ability to remain a going concern. We are in the early stages of executing our business plan. We still have a significant amount of work that needs to be completed and funds that need to be raised in order to compete within this sophisticated consumer market. To date, we have not developed any finished product or services and cannot predict when a finished product or services will be developed or externally acquired. We believe that we have an advantage with our founder, and CEO and his industry relationships and the solicitation of their help with growing our business model.

As of March 31, 2025, we had limited assets which consisted of; cash and cash equivalents of $405, prepaid expense of $4,675, and software development costs of $108,600. In order to fund the development of our business and our working capital needs for the next 12 months, we will attempt to secure funding from the sale of additional common stock (or preferred stock if necessary), from shareholder, related party and non-related party loans, or from strategic joint ventures or partners. Furthermore, in order to implement the foregoing plan of operations, we anticipate that we will need to secure additional financing of between $200,000 and $250,000 during the next twelve months. If we are unsuccessful in securing the additional financing, we may not be able to proceed with execution of our business plan.

Based on the exact nature of our business and expected level of competition, we anticipate continuing to incur operating losses into the foreseeable future. Because we currently do not have a fully developed and ready for market environmentally-friendly, cost-efficient optimized grow system, and our resources are severely limited, we cannot predict if and when we will generate sufficient revenues or whether we will become a viable and sustainable business operations. Accordingly, due to our lack of assets, significant operations and for the foreseeable future the ability to generate revenues, our auditors have stated in their opinion that there currently exists substantial doubt about our ability to continue as a going concern.

*General Overview*

There is no way of accurately predicting when product development will progress to the point of generating any revenue. The timing of business development is a function of having sufficient working capital. There is no way of knowing when or if we will be able to raise the necessary funds. If we do, fully developed product offerings could be ready within three to six months following when the necessary funds have been secured. If we do not raise sufficient financing, revenue producing activities of any kind will most likely not commence until at least 18 months, if ever.

We are building a business that provides indoor self-contained organic growing modules. We are developing an interactive website that provides customization using our extensive interchangeable modules. Our optimized growing system will enable the consumer to create a variety of custom growing systems that meet the grower's specific needs.

Our intended optimized growing system focused website, ecommerce system and manufacturing facilities outline a three-step method for providing users with what we believe to be a comprehensive approach to provide a turnkey growing system. We believe this approach will provide an experience in home gardening that will become the new way to empower the urban dwell with a sense of satisfaction from bountiful output and will be valued by both the grower and their family and friends. We believe this acceptance within the urban city will provide rapid growth and popularity. We will create a system that easy to use and promotes creativity. This approach will additionally help us in creating long-lasting return customer relationships.

Our business operations will be comprised of two segments: a) an optimized growing system website for micro-farming consumers; and b) integration services for the optimized grow system along with direct sales through retail outlets. The optimized growing system, website, ecommerce solution and back-office framework were developed with the assistance of an established business website firm. The Company developed its initial design of the growing system through the efforts of its founder and CEO, and the design firm. The Company has been working with this design firm for years on an as "needed basis".

The optimized growing system that the Company has developed through the direct assistance of a design and manufacturing facility (since early 2014) and the efforts of our founder, Mr. Dolan. The Company intends to seek the assistance of outside sales and marketing consultants to develop a professional sales and marketing strategy to capitalize on our product designs. We will seek to staff a management team (besides Mr. Dolan) with the technical skills necessary in hydroponic horticulture technology, design engineering with a strong emphasis on simplicity and functionality. We intend to with further financing create and staff an in-house development group, which we believe will develop new generations of the optimized growing system that GPods and services of a similar nature to our business development in self-contained indoor organic gardening.

While the raw materials or components that we use are slightly more expensive, quality and consistency is assured. We believe that the current materials and components that we use in our designs is worth the extra cost to us. The average user or customer we believe will seek out a product that has this same quality and consistency and willing to pay more for it; part of our competitive advantage. We currently source our raw materials and components from a number of suppliers. These raw materials or components are widely available and have no geographic or international limitations on their availability. We do not believe that we will have any issues with obtaining these raw materials or components from suppliers or the availability of raw materials or components needed for our optimized growing system.

Our plan to continue as a going concern is to reach the point where we begin generating sufficient revenues from our environmentally optimized growing system business(s) or services (complimentary to the grow system) to meet our obligations on a timely basis. The Company has not yet acquired or internally fully developed any services. We may not be able to acquire or internally develop any services in the future because of a lack of available funds or financing to do so. In order for us to develop or acquire any services, we must be able to secure the necessary financing, beyond just the proceeds of our completed public offering. In the early stages of our operations, we will continue to keep costs to a minimum. The cost to develop our business plan as currently outlined will be in excess of $250,000. We have no established current sources of funds to buildout the business plan as outlined. Until we obtain sufficient and further funding, we will keep our operating costs as low as possible with our founder, and CEO providing substantially all of the work on his own without any payment of cash compensation. This methodology would result in our development stage extending for at least two to three years or even more.

We believe that our environmentally optimized growing system division (once developed, if at all) may generate revenues earlier than direct sales (once developed, if at all). If we are unable to obtain adequate funding or financing, the Company faces the ultimate likelihood of business failure. There are no assurances that we will be able to raise any funds or establish any financing program for the Company's growth.

*Industry Overview*

Urban dwellers are challenged for the lack of growing space, many aspire to grow their own organic food but have no dirt or space to do so, and many of these individuals have garages that could provide them with the space they would need to grow via the GPod. The GPod, or closed growth system, is not a new idea, NASA for example has been developing similar modules since the 1950's. Thus, taking advantage of an underutilized garage space combined with the flexibility of the GPod growing system, we believe that we will empower urban dwellers to grow their own food without having to move from the city. Daily ad-hoc shoppers are dependent on grocery stores, eventually discovering farmer's markets, meeting people similar to themselves who were growing and selling or bartering their own produce. The GPod optimized growing system can provide healthy food at a reasonable cost and availability, a healthy alternative.

The indoor growing trend first came about as a result of people moving to non-conducive growing latitudes, such as the upper mid-west. These people of the north still needed fresh organic produce year-round, so they had to ship in produce half the year or create indoor growing facilities (green-houses). They developed some of the most successful green houses in the world; these greenhouses controlled all the necessary factors to grow plants such as; temperature, humidity, nutrient feeding and various other plant needs. The one factor they could not control was light that would provide year-round growth. As a result of years of development, the indoor growing industry developed high intensity lighting that plants need to flower and produce fruit. Urban residents with little or no space, often limited by Home Owner Associations, are looking for ways to enjoy the art of organic growing, the GPods system enables the urban grower to grow within the confines of his or her garage. GPods are an indoor, self-sustained, closed growing system, they can grow year-round regardless of the temperature or season. Some urban dwellers, who have the space to grow, sometimes lack the time and fortitude to embark on the complex building of their own outdoor garden, GPods are a turnkey solution. The person who has the love for growing but lacks the time to build or do the research necessary to build a successful self-contained growing system can begin immediately via the GPod.

Although outdoor gardens facilitate the growing of vegetables and herbs they have inherent challenges, challenges that the GPod will greatly reduce. The greatest challenge is the ability to grow year-round, GPods high intensity lighting allows for year-round growing. Secondly, the GPod provides complete control of the growing system, thus qualifying as a recognized "Organic" grow. Based on the growth of the famers markets in the United States, we believe that the demographic of customers of the GPod growing system to be at a scale that will allow GPods to sell in high volume at a low price point.

Growing organically the GPod way is the consumer's path to control over their intake, an attempt to make the foods you serve for your family free of the things they don't need. It's argued that organic gardens are impractical, expensive and somewhat strange. Nothing could be further from the truth. It is the way our great grandparents gardened, just inside a controlled system, without the chemical pesticides and synthetic fertilizers.

 

*Competitive Focus*

We expect to encounter strong competition in all areas of our business activity. We intend to compete on the basis of technology, performance, price, quality, reliability, reputation, distribution, range of products and services, ease of use of our products, account relationships, user training, service and support, security, availability of applications and internet infrastructure offerings, and our sustainability performance.

The markets for our key business are characterized by strong competition among major corporations with long-established positions and a large number of new and rapidly growing businesses which we will compete with. In this market most product life cycles are short, and to remain competitive we must develop new products and services, periodically enhance our products and services and compete effectively on the basis of the above various factors. In addition, we may compete with our potential partners, including other grow-system businesses that design, manufacture and market their products. Our successful management of these competitive relationships will be critical to our success. Moreover, we anticipate that we may have to adjust our prices on our products and services to stay competitive in this market.

We believe the following will assist us in exploiting the expected growth in the environmentally optimized integrated portable grow system market which is ideal for growing high quality specialty crops and many varieties of herbs and other plant life with controlled indoor organic gardening:

&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Scalability</u>.
 We believe our state of-the-art, environmentally optimized grow system and its varied support by unique GPod design and services
 will become scalable, a solution designed to serve the underserved, fragmented horticulture and micro-farming market and sophisticated
 urban gardener.

2. <u>"Sticky" Relationship</u>. Our business model will provide a solution that is designed to act as an incentive to keep the consumer engaged
 with our state of-the-art, environmentally optimized grow system and support services using current and future GPod modules.

3. <u>Expertise in Indoor Gardening</u>. Our founder has extensive experience in organic growing which comes from his vast experience in the commercial
 growing industry. We will seek to capitalize on that expertise.

4. <u>Speed to Implementation</u>. We believe that a *fully-developed* environmentally optimized grow system and well thought-out vertical *GPod product line, in combination* with our manufacturing and distribution system, will provide immediate insight into the
 usage (and behavior) of our consumer and their micro-farming output and customers' unique growing needs.

*Growth Strategy*

Key elements of our growth strategy shall include:

&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Core Products</u>. We plan to enhance our core products through user interface and functionality with our optimized growing system as
 well as interchangeable modules for different growing requirements, with new offerings as soon as reasonably practicable.

2. <u>Focus</u>.
 We intend to organically grow market penetration by: (a) securing contracts with organic wholesalers in various markets, (b) exploiting
 social networks, (c) leveraging development opportunities, and (d) adding solutions to professionals in the market.

3. <u>Strategic Alliances</u>. We plan to team with other businesses that have complementary features to our products, when fully developed, thereby
 reducing our development cost and introducing us to consumers and end-users.

4. <u>International Expansion</u>. We intend to expand internationally through partnerships and alliances.

 

*Business Objectives*

Our objective is to become a provider of self-contained organic grow modules. We are pursuing the following strategies to achieve this goal:

&nbsp;&nbsp;&nbsp;&nbsp;a) Initiating
 website development and ecommerce function, identifying complimentary product offerings, promoting, and advertising through social
 media campaigns;

b) Create
 a national media presence through social media – We will seek to create and enhance a national awareness and aggressively market
 our products through social media outlets;

c) Identify
 and develop strategic relations with our Manufacturing partners – utilize partners, high volume distribution facility to create
 highly efficient low-cost production model; and

d) High
 functioning, and esthetically pleasing grow modules will contribute to growers' overall productivity and sense of well-being.
 GPods can convey a sense of self-reliance for the basic needs of life. We will provide a comprehensive selection of modules that
 can be food oriented or yield based to meet the expectations of each individual organic grower. Every Urban grower may not have the
 means to grow, but with the help of GPods they can grow year-round.

GPod products can transform any garage space into a productive space for the family to enjoy, not just the farmer. We believe that friends visiting the garage fitted with a GPods products will instantly be won over.

This Report includes limited market and industry data and forecasts that we obtained from internal research, publicly available information and industry publications and surveys. The industry in which we operate is subject to a high degree of uncertainty and risk due to a variety of factors, including those described in the section above entitled "Risk Factors".

It is our plan to seek additional financing from either equity financing or through debt instruments. These efforts will most likely occur now that our direct public offering is complete and the aggregate proceeds have been received. Our management has, through relationships and partnerships, begun the necessary work on some of our intended products. Our founder and CEO has primarily provided these services through the date of this Report. Our business plan requires further completion of these tasks which require the hiring of employees and/or outside contractors. With the level of sophistication and expertise of our founder and CEO, as well as other various professionals that he knows, the Company should make progress in its development planned product, but currently no specific timeframe can be provided. Most if not all of these actions will be predicated on the Company obtaining the necessary financing to accomplish these steps. If financing is not available on terms reasonable to the Company and its shareholders, then the progression steps of this business plan will not occur as planned and may never occur.

We currently have no sources of financing and no commitments for financing. There are no assurances that we will obtain sufficient financing or the necessary resources to enter into contractual agreements with outside designers or sales/marketing firms. We currently do not have any cash or other resources to commence the use of outside service providers. If we do not receive any funding or financing, our business is likely to be maintained with limited operations for at least the next 12 months because our founder and CEO will continue to provide his services without consideration. We have no formal agreement in place with our founder and CEO covering his services, our founder's and CEO's plan will be to do all of the administrative and planning work as well as programming and marketing work on his own without consideration while he continues to seek other sources of funding for the Company.

*Intellectual Property*

We currently have no patents or trademarks. We intend to file a United States federal trademark registration for "GPODS, INC.," "The GPod Solution," and various other marks. We currently have registered <u>www.gpodsinc.com</u> and <u>www.gpods.biz</u> domain names. We consider our trademarks and other intellectual property rights to be important to our branding strategy and business success. Each state has its own laws regarding registration of a trademark, including the requirements for keeping the registration valid. Although these laws are similar in many respects, variations exist regarding the time period for renewing the registration. For example, a trademark registered in California is valid for only five years and is renewable for successive five-year periods.

Although not required to validate a trademark, federal registration does provide additional benefits for the trademark owner. Included in these benefits are the right to use the symbol "®" and the right to file a trademark infringement lawsuit in federal court. To maintain these benefits, the owner of a federally registered trademark must make additional periodic filings to keep the registration valid. The first filing must be made between the fifth and sixth years after the trademark's registration date and is called a "declaration of use" or "section 8 filing." This informs the USPTO that the trademark is still in use. The second filing is made between the ninth and 10th years after the trademark's registration date and includes another declaration of use along with an application for renewal. The third and subsequent filings will also include a declaration of use and application for renewal and must be done between the ninth and 10th year anniversary after the last filing. We have not registered our trademark.

Failing to file the required renewal applications for a registered trademark will result in the registration being cancelled, but as long as the trademark is still in use, the owner's common law trademark rights are still valid, and a new registration application can be filed. Even common law trademark rights become invalid if the owner has abandoned use of the trademark. Non-use of a trademark for three consecutive years is generally considered proof that the owner has abandoned the trademark. We have continued to use our trademark and intend on re-registering and applying for all applicable protections available under the law along with the right to transfer.

*Government Regulation and Industry Standards*

While there is no governmental regulation relating to the sale of growing equipment or soil and nutrients that we may sell in connection with our GPod solution, there may be laws and regulations governing the cultivation and sale of certain horticulture products that may be grown with the systems. We may be subject to various federal, state, provincial and local laws and regulations, compliance with which will increase our operating costs, limit or restrict the product and services that we intent to provide or the methods by which we intend to offer and how we sell those products and services. Noncompliance with these laws and regulations can subject us to fines or various forms of civil or criminal prosecution, any of which could have a material adverse effect on our reputation, business, financial position, results of operations and future cash flows.

*Employees*

As of July 14, 2025, we had three employees, one of which is our founder and CEO, Mr. Dolan. During calendar year ended December 31, 2024 (dependent on our financing and available working capital), Mr. Dolan devoted at least 30 hours a week to us. Mr. Dolan plans to provide that many hours per week during calendar year ending December 31, 2025. Mr. Dolan is allowed to devote his time to our Company as he is not limited or restricted from being involved with us by his other business operations. Mr. Dolan currently has no formal employment agreement with the Company which provides for cash payment of his services.

During the year ended March 31, 2025, the Company and Mr. Dolan negotiated a settlement of a portion of his accrued salary in exchange for equity in the Company. The Company settled $250,000.00 in accrued compensation for 2,500,000 shares of its common stock. During the year ended March 31, 2025 the Company and Mr. Dolan agreed to cancel or forgive indebtedness of $225,000 due and owing to Mr. Dolan. Mr. Dolan, our CEO, utilized this debt relief to obtain forgiveness from several of its vendors.

Due to the above actions and our limited financial condition, we may be limited in seeking the employment of others to assist in our operations. Our founder and CEO's current plan is to provide most of the administrative and planning work for our product and marketing efforts on his own without any cash compensation. Mr. Dolan will continue to seek other sources of financing for the Company and its business plan. We currently have a good relationship with our employees.

The Company's other two employees work on a part time basis and as needed for specific projects. Their function is to assist Mr. Dolan in operations as well as certain administrative functions that are necessary to run the business. Mr. Dolan will continue to defer payment for his services. It is his belief that this course is in the best interest of the Company and for any prospective investors who may invest in the Company's equity. As stated previously we may in the future use other independent contractors and consultants to assist in many aspects of our business on an "as needed" basis pending adequate resources being available or their ability to defer payment for services.

**WHERE YOU CAN GET ADDITIONAL INFORMATION**

We are required to file annual, quarterly and current reports, proxy statements and other information with the Securities and Exchange Commission (the "SEC"). You may read and copy our reports or other filings made with the SEC at the SEC's Public Reference Room, located at 100 F Street, N.E., Washington, DC 20549. You can obtain information on the operations of the Public Reference Room by calling the SEC at 1-800-SEC-0330. You can also access these reports and other filings electronically on the SEC's web site, www.sec.gov.

We are not currently required to deliver an annual report to our security holders and do not expect to do so for the foreseeable future.

**ITEM 1A. RISK FACTORS**

The following risk factors should be considered in connection with an evaluation of our business as described in our Plan of Operations:

In addition to other information in this Report, the following risk factors should be carefully considered in evaluating our business because such factors may have a significant impact on our business, operating results, liquidity and financial condition. As a result of the risk factors set forth below, actual results could differ materially from those projected in any forward-looking statements. Additional risks and uncertainties not presently known to us, or that we currently consider to be immaterial, may also impact our business, result of operations, liquidity and financial condition. If any such risks occur, our business, operating results, liquidity and financial condition could be materially affected in an adverse manner. Under such circumstances, if and when a trading market for our securities is established, the trading price of our securities could decline, and you may lose all or part of your investment.

**THE SECURITIES ISSUED BY THE COMPANY INVOLVE A HIGH DEGREE OF RISK AND, THEREFORE, SHOULD BE CONSIDERED EXTREMELY SPECULATIVE. THEY SHOULD NOT BE PURCHASED BY PERSONS WHO CANNOT AFFORD THE POSSIBILITY OF THE LOSS OF THE ENTIRE INVESTMENT. PROSPECTIVE INVESTORS SHOULD READ ALL OF THE COMPANY'S FILINGS, INCLUDING ALL EXHIBITS, AND CAREFULLY CONSIDER, AMONG OTHER FACTORS THE FOLLOWING RISK FACTORS.**

You should be aware that there are substantial risks to an investment in our common stock. Carefully consider these risk factors, along with all of the other information included in this Report, before you decide to invest in shares of our common stock.

If any of the following risk factors were to occur, our business, financial condition, results of operations or future prospects could be materially adversely affected. If that happens, the market price for our common stock, if any, could decline, and prospective investors would likely lose all or even part of their investment.

***Risks Related to the Business***

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| | |
|:---|:---|
| ***1 .*** | ***GPODS, INC. has limited financial resources. Our independent registered auditors' report includes an explanatory paragraph stating that there is substantial doubt about our ability to continue as a going concern****.* |

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GPODS, INC. is an early-stage company and limited financial resources currently available to it. We had tangible assets of $113,680 and $107,308 as of March 31, 2025 and March 31, 2024, respectively. We had a negative working capital balance of $510,948 and $1,681,820 as of March 31, 2025 and March 31, 2024, respectively. We had a stockholders' deficit of $402,348 and $1,576,220 at March 31, 2025 and March 31, 2024, respectively. Our independent registered auditor included an explanatory paragraph in their opinion on our financial statements as of and for the period ended March 31, 2025 that states that Company losses from operations raise substantial doubt about its ability to continue as a going concern. We will require additional financing beyond the amount received from our completed public offering. Financing sought may be in the form of equity or debt from sources yet to be identified. With the completion of the public offering, we will seek additional financing to further pursue and execute on our business operations and expansion. No assurances can be given that we will generate revenue (or any at all) or obtain the necessary working capital to continue as a going concern.

Our current resources and source of working capital primarily consists of loans from several nonaffiliated parties who are business associates of our founder. These nonaffiliated financial sources we believe to be sufficient to keep our business operations functioning for the next six to 12 months. We do not have a formal agreement with our founder and CEO, nor with the nonaffiliated parties to fund our current working capital needs; Mr. Dolan's, current plan is to perform most of the Company's operational needs on his own without any cash compensation while he seeks additional sources of funding. This includes seeking to delay or defer payments to vendors and nonaffiliated parties. Through the date of this Report, deferred payment has helped us with managing our working capital needs. The Company developed much of its initial design of its environmentally optimized growing system through the efforts of Mr. Dolan. We currently spend between $30,000 and $50,000 per month on operational expenses not directly related to our completed public offering. Our monthly expenditures are primarily related to consulting services that we incur for design and manufacturing and software development. Each of these firms expend approximately $10,000 to $15,000 per month in billable hours for services provided. To date we have not generated revenues from our business, and our expenses will continue to accrue or be deferred until sufficient financing is obtained to be able to pay for these expenses. Additional financing may be obtained from our founder or others who are familiar with our founder and loan us the funds necessary to pay for these expenses. Through this date we have received interest-free loans and deferred payment on services to fund our operations. No assurances can be given that we will be able to continue fund our operations beyond a month-to-month basis.

***2.***  ***GPODS, INC. is and will continue to be completely dependent on the services of our founder, president, and CEO, Robert Dolan. The loss of whose services may cause our business operations to cease. We will need to retain qualified employees and outside consultants to further implement our business strategy.*** 

Our operations and business strategy are completely dependent upon the knowledge and business relationships of Mr. Dolan, our founder and CEO. He is under no obligation to remain employed by us. If he should choose to leave us for any reason, or if he becomes ill and is unable to work, our operations will likely fail. If we are able to find sufficient personnel, it is uncertain whether we will find someone to develop and execute our business along the lines described in this Report and performed by our founder and CEO. We will certainly fail without the services of Mr. Dolan or an appropriate replacement is found.

We intend to purchase key-man life insurance on the life of Mr. Dolan naming the Company as the beneficiary when and if we obtain the financial resources to do so and Mr. Dolan is insurable. We have not procured such insurance, and no guarantee is certain that we will be able to obtain such key-man life insurance. Accordingly, it is important that we are able to attract, motivate and retain qualified employees or outside contractors to further our business efforts and operations.

***3.***  ***Because we recently commenced business operations, we face a high risk of business failure.*** 

We were formed on March 27, 2017. Most of our efforts to date have been related to executing our business plan and expanding business operations. Through March 31, 2025 we have had no revenues from operations. We face a high risk of business failure. The likelihood of success must be considered in light of our expenses, complications and delays frequently encountered in connection with the establishment and expansion of a business and the competitive market in which the Company operates. There can be no assurance that revenues from sales of our product or services will continue to occur or that they will be significant enough or we will be able to sell at a profit, if at all. Future revenues or profits, if any, will depend on numerous factors, including, but not limited to, initial market acceptance and the successful implementation of a sound market strategy.

The Company has not yet fully developed product or services that are saleable and available to consumers. We may not be able develop any product or services in the future because of a lack of funds or financing. In order for us to fully develop or acquire product or services, we must secure financing beyond "the recently completed direct public offering". In the early stage of our operations, we have attempted to keep our costs at a minimum. The cost to develop product and services as currently outlined may well be in excess of $250,000 which is beyond our current capital raise plans. We have no established source of funds to fully undertake our business and expansion strategy as outlined. Until we obtain funding, if ever, we will keep our operating costs as low as possible with our founder, and CEO providing most of the administrative and other operational functions on his own without any cash compensation. We currently use the services of a technical design firm with whom we have been working with on an as "needed basis". The technical design firm provides its services on a deferment basis enabling us to not have to pay them immediately or even in the near term. We do not expect to pay them in full or even partially for a period of time. This methodology could result in our optimized environmental grow-system development extending beyond another two to three years. If we are unable to obtain adequate funding or financing, the Company faces the likelihood of business failure. There are no assurances that we will be able to raise any funds or establish any financing for our growth.

The Company's profitability, if any, could be materially and adversely impacted if our product or services were to experience poor operating results. Our ability to achieve profitability will be dependent on the ability of our product or services to generate sufficient operating cash flow to fund growth or acquisitions. There can be no assurance that our results of operations will be profitable or that our strategy will be successful or even begin to generate sufficient revenues.

***4.***  ***We may not have or ever have the resources or ability to implement and manage our growth strategy.*** 

Although the Company expects to experience growth based on the ability to implement and execute our business strategy, significant operations may never occur because the business plan may never be fully implemented because of the lack of funds in order to do so. If the Company's growth strategy is implemented, of which no assurances can be provided, a significant strain on our management, operating systems or financial resources may be imposed. Failure by the Company's management to manage this expected growth, if it occurs, or if unexpected difficulties are encountered during this growth, could impose a material adverse impact on the Company's results of operations or financial condition.

The Company's ability to operate a profitable product or service line (if we are able to establish any product or service line at all) will depend upon a number of factors, including: (i) identifying an appropriate and satisfactory sales channel; (ii) generating sufficient funds from our then-existing operations or by obtaining third-party financing or additional capital to develop new products or develop new services; (iii) the success or the Company's management team along with our financial, accounting and internal control systems; and (iv) staffing, training and retention of skilled personnel, if any at all. These factors are beyond the Company's control and may be adversely affected by the economy or actions taken by competing businesses. Moreover, potential product or services that may meet the Company's focus and other criteria for developing new product or services, if we are able to develop or acquire at all, are believed to be limited. There can be no assurance that the Company will be able to execute and manage a growth strategy effectively or at all.

***5.***  ***We may not be successful in hiring technical personnel because of the competitive market for qualified people.*** 

The Company's success depends largely on its ability to attract, hire, train and retain highly qualified personnel. Competition for such personnel may be intense. There can be no assurance that the Company will be successful in attracting and retaining the specific personnel it requires to conduct and expand its operations successfully or to differentiate us from our competitors. The Company's results of operations and growth prospects could be materially adversely affected if the Company were unable to attract, hire, train and retain such qualified personnel.

***6.***  ***Our reliance on referrals from outside contacts to develop business may not be effective.*** 

The Company initially will rely on our founder and CEO, Mr. Dolan, for a majority of our business and believes that industry professionals will be an important source of business referrals. However, as is typical within the industry, there are no contractual agreements with consultants or outside reps who may represent our product and services in the marketplace. We currently have no contracts or agreements in place with outside sales reps or industry professionals. No assurances can be given that using outside sales reps or industry professionals will result in any meaningful numbers of sales leads or referrals.

***7.***  ***Fluctuations in our financial results make quarterly comparisons and financial forecasting difficult.*** 

The Company's future or projected quarterly operating results may vary and reduced levels of earnings or continued losses may be experienced in one or more quarters. Fluctuations in the Company's quarterly operating results could result from a variety of factors, including changes in revenues, size and timing of orders, changes in the mix of projects, the timing of new offerings by the Company or its competitors, new office or facilities openings by the Company, changes in pricing policies by the Company or its competitors, market acceptance of new and enhanced services offered by the Company or its competitors, changes in operating expenses, availability of qualified personnel, disruption in sources of related product and services, the effect of potential acquisitions and industry and general economic factors. The Company will have limited or no control over many of these factors. The Company's expenses we believe will be based upon, in part, on its expectation as to future or projected sales. If revenue levels are below expectations, operating results are likely to be adversely affected by these revenue levels. Because of these fluctuations and uncertainties, our operating results may fail to meet the expectations of investors. If this happens, any trading price of our common stock could be materially adversely affected.

***8.***  ***There are significant potential conflicts of interest.*** 

Our management and employees will be required to commit substantial time to our business affairs and, accordingly, these individuals (particularly our founder and CEO) may have one or more conflicts of interest in allocating professional time among business activities. In the course of other business activities, certain key personnel (particularly our founder and CEO) may become aware of business opportunities which may be appropriate for presentation to us, as well as other businesses with which they are affiliated. As such, there may be conflicts of interest in determining to which entity a business opportunity should be presented to. We cannot provide any assurance that our efforts to eliminate the potential impact of conflicts of interest will be effective.

***9.***  ***We will need to establish additional relationships with industry professionals to fully develop and market our company and its intended product or services.*** 

We do not possess all of the resources necessary to develop our product or services on a commercial scale. We will need to design a network of third-parties that will be able to carry out our intended market penetration, as well as enhance our marketing and sales strategy through appropriate arrangements with local industry professionals and consultants to design new product and services. If we are not able to enlist the services of third-party vendors, or seek out consultants, our business will suffer.

***10.***  ***Following the effective date of our registration statement we are subject to periodic reporting requirements of Section 15(d) of the Exchange Act.*** 

Following the effective date of our registration statement we are required to file periodic reports with the Securities and Exchange Commission pursuant to the Exchange Act. In order to comply with these requirements, our independent registered public accounting firm will review our financial statements on a quarterly basis and audit our financial statements on an annual basis. Moreover, our legal counsel will review and assist in the preparation of such reports. The costs charged by professionals for such services cannot be accurately predicted at this time. The number and type of financial transactions that we engage in and the complexity of our reports cannot be determined at this time and will affect the amount of time spent by our auditors and attorneys. However, the incurrence of such costs will obviously be an expense to our operations and thus have a negative effect on our ability to meet overhead requirements and earn a profit.

However, for as long as we remain an "emerging growth company" as defined in the JOBS Act, we may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not "emerging growth companies" including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in our periodic reports and proxy statements, and exemptions from the requirements of holding an annual nonbinding advisory vote on executive compensation and seeking nonbinding stockholder approval of any golden parachute payments not previously approved. We may take advantage of these reporting exemptions until we are no longer an "emerging growth company."

If we cannot provide reliable financial reports or prevent fraud, our business and operating results could be harmed, investors could lose confidence in our reported financial information, and the trading price of our common stock, if a market ever develops, could drop significantly.

***11.***  ***Our internal controls may be inadequate, which may cause our financial reporting to be unreliable and lead to misinformation being disseminated.*** 

Our management is responsible for establishing and maintaining adequate internal control over our financial reporting. As defined in Exchange Act Rule 13a-15(f), internal control over financial reporting is a process designed by, or under the supervision of, the principal executive and principal financial officer and effected by the board of directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles and includes those policies and procedures that:

● pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the Company;

● provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and/or directors of the Company; and

● provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company's assets that could have a material effect on the financial statements.

Our internal controls may be inadequate or ineffective, which could cause financial reporting to be unreliable and lead to misinformation being disseminated to the public. Investors relying upon this misinformation may make an uninformed investment decision.

Failure to achieve and maintain an effective internal control environment could cause us to face regulatory action and also cause investors to lose confidence in our reported financial information, either of which could have a material adverse effect on the Company's business, financial condition, results of operations and future prospects.

However, our auditors will not be required to formally attest to the effectiveness of our internal control over financial reporting pursuant to Section 404 until we are no longer an "emerging growth company" as defined in the JOBS Act if we take advantage of the exemptions available to us through the JOBS Act.

***12.***  ***The costs of being a public company could result in us being unable to continue as a going concern.*** 

As a public company, we are required to comply with numerous financial reporting and legal requirements, including those pertaining to audits and internal control. The costs of maintaining our public company reporting requirements could be significant and may preclude us from seeking financing or equity investment on terms acceptable to us and our shareholders. We estimate these costs to be more than $100,000 per year and may well even be higher if our business volume or financial transactional activity increases significantly. Our current estimate does not include necessary expenses associated with compliance, documentation and specific reporting requirements of Section 404 as we will not be subject to the full reporting requirements of Section 404 until we exceed $75 million in market capitalization or we decide to opt-out of the "emerging growth company" as defined under the JOBS Act. This exemption is available to us under the JOBS Act or until we have been public for more than five years.

If our revenues are insufficient or non-existent, and/or we cannot satisfy these costs through the issuance of shares or debt, we may be unable to satisfy these costs during the normal course of business. This would certainly result in our being unable to continue as a going concern.

***13.***  ***Having only two directors limits our ability to establish effective independent corporate governance procedures and increases the control of our founder, president, and CEO.*** 

We have one director who serves as our sole officer and Chairman of the board. Accordingly, we cannot establish board committees comprised of independent members to oversee such functions as compensation or audit issues. In addition, currently a vote of the board is decided in favor of the chairman (who is our sole officer), which gives him complete control over all corporate issues. While our second board member does place significant oversight over our officers, this is limited with the level of complexity that our board has.

Until we have a much larger board of directors that include independent members, if ever, there will be limited oversight of our CEO's (and founder's) decisions and activities with little ability for minority shareholders to challenge or reverse such activities and decisions, even if they are not in the best interests of minority shareholders.

***Risks Related to Our Common Stock***

***14.***  ***The Company sold shares without an underwriter.*** 

Shares of common stock were offered on our behalf by Mr. Dolan, our founder and CEO, on a best-efforts basis. No broker-dealer was retained and no broker-dealer was under any obligation to purchase any shares of common stock. The sale of a small number of shares increases the likelihood that no market will ever develop for our common stock.

***15.***  ***A limited number of investors purchased shares of our common stock; they may lose their entire investment without us being even able to develop a market for our shares.*** 

A small number of shares were sold by the Company (7,500,000) to 61 investors, even with this number of individual investors we will be unable to attempt to create a public market of any kind. In such an event, it is likely that the investors' entire investment in our common stock may be lost. A number of our investor's shares were reacquired by the Company through an arms-length transaction at $0.01 per share. A total of 45 investors accepted the offer by the Company to acquire their 1,300,000 shares of common stock. The Company will have paid for these shares through the remittance of funds to each shareholder as those funds are available. A shareholder payable of $13,000 was recorded on the books as of September 30, 2020. As of January 4, 2025 all 45 of the investors received payment from the Company.

***16.***  ***The offering price of our common stock was determined arbitrarily.*** 

Our offering price was not determined by an independent financial evaluation, market mechanism or by our auditors, and was, therefore, to a large extent arbitrary. Our PCAOB-registered public accounting firm has not reviewed management's valuation and, accordingly expresses no opinion as to the fairness of the offering price. As a result, the price of our direct public offering may not reflect the value perceived by the market. There can be no assurance that the common stock offered hereby is worth the price for which it was offered, and investors may, therefore, lose a portion of, or their entire, investment.

***17.***  ***Shareholders may be diluted significantly through our efforts to obtain financing and satisfy obligations through issuance of additional shares.*** 

We do not have a committed source of financing. Wherever possible, our board of directors will attempt to use non-cash consideration to satisfy obligations. In many instances, we believe that the non-cash consideration will consist of restricted shares of our common stock. Our board of directors has authority, without action or vote of the shareholders, to issue all or part of the authorized (90,000,000) shares but unissued (67,729,500) shares. In addition, if a trading market develops for our common stock, we may attempt to raise capital by selling shares, possibly at a discount to market. These actions will result in dilution of the ownership interests of existing shareholders, further dilute common stock book value, and that dilution may be material.

***18.***  ***The interests of shareholders may be hurt because we can issue shares to individuals or entities that support existing management with such issuances serving to enhance existing management's ability to maintain control of our company.*** 

Our board of directors has authority, without action or vote of the shareholders, to issue all or part of the authorized but unissued common shares. Such issuances may be issued to parties or entities committed to supporting existing management and the interests of existing management which may not be the same as the interests of other shareholders. Our ability to issue shares without shareholder approval serves to enhance existing management's ability to maintain control of the company.

***19.***  ***Our articles of incorporation provide for indemnification of officers and directors at our expense and limit their liability.*** 

Our Articles of Incorporation at Article XI provide for indemnification as follows: "No director or officer of the corporation shall be personally liable to the corporation or any of its stockholders for damages for breach of fiduciary duty as a director or officer; provided, however, that the foregoing provision shall not eliminate or limit the liability of a director or officer: (i) for acts or omissions which involve intentional misconduct, fraud or knowing violation of law; or (ii) the payment of dividends in violation of Section 78.300 of the Nevada Revised Statutes. Any repeal or modification of an Article by the stockholders of the corporation shall be prospective only and shall not adversely affect any limitation of the personal liability of a director or officer of the corporation for acts or omissions prior to such repeal or modification".

We have been advised that, in the opinion of the Securities and Exchange Commission, indemnification for liabilities arising under federal securities laws is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification for liabilities arising under federal securities laws, other than the payment by us of expenses incurred or paid by a director, officer or controlling person in the successful defense of any action, suit or proceeding, is asserted by a director, officer or controlling person in connection with our activities, we will (unless in the opinion of our counsel, the matter has been settled by controlling precedent) submit to a court of appropriate jurisdiction, the question whether indemnification by us is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue. The legal process relating to this matter if it were to occur is likely to be very costly and may result in us receiving negative publicity, either of which factors is likely to materially reduce market and price for our shares, if such a market ever develops.

***20.***  ***Currently, there is no established public market for our securities, and there can be no assurances that any established public market will ever develop or that our common stock will be quoted for trading and, even if quoted, it is likely to be subject to significant price fluctuations.*** 

Prior to the date of this Report, there has not been any established trading market for our common stock, and there is currently no established public market whatsoever for our securities. While we have not contacted a market maker, we will need to contact a market maker to file an application with Financial Industry Regulatory Authority ("FINRA") on our behalf. This application would have been done in order to be able to quote the shares of common stock on the over-the-counter bulletin board ("OTCBB") previously maintained by FINRA commencing only upon the effectiveness of our registration statement which occurred in fiscal year ending March 31, 2019.

The OTCBB was an electronic quotation service provided by the FINRA to its subscribing members for over-the-counter (OTC) trade data for U.S. stocks. Unlike other OTC platforms, OTCBB was a quotation-only service. In 2020, FINRA announced it was winding down the OTCBB, as the bulk of OTC stock trading occurred on OTC Markets Group's platforms. FINRA officially ceased operations of the OTCBB on Nov. 8, 2021.

A FINRA member market maker selection will be made now that our direct public offering is completed and we have caught up on our public reporting for quarterly and annual financial information. There can be no assurance that a market maker's application when filed will be accepted by FINRA, and we cannot accurately estimate as to the period of time that the application will require. We are not permitted to file such application on our behalf; this can only be done by a market maker who is a member of FINRA.

If this application is accepted by FINRA, there can be no assurances as to whether:

&nbsp;&nbsp;&nbsp;&nbsp;(i) any
 market for our shares will develop;

(ii) the
 prices at which our common stock will trade; or

(iii) the
 extent to which investor interest in us will lead to the development of an active, liquid trading market. Active trading markets
 generally result in lower price volatility and more efficient execution of buy and sell orders for investors.

If we are able to have our shares of common stock quoted on the OTC Markets Group's platforms, we will then try, through a market maker and it's clearing firm, to become eligible with the Depository Trust Company ("DTC") in order to permit our shares to trade electronically. Generally, if an issuer is not "DTC-eligible," its shares cannot be electronically transferred between brokerage accounts, which, based on the current realities of the marketplace, means that shares of an issuer will not be traded. Technically the shares of an issuer may be traded manually between accounts, but this takes days, sometimes weeks, and is not a realistic option for issuers. While DTC-eligibility is not a requirement to trade on the OTC Markets Group's platforms, it is a necessity to process trades if an issuers' securities are going to trade with any volume. There are no assurances that our shares of common stock will ever become DTC-eligible or, if they do how long it will take to accomplish.

In addition, our common stock is unlikely to be followed by financial analysts, and few institutions acting as market makers will act in such capacity for our common stock. These factors could adversely affect the liquidity and trading price of the shares of our common stock. Until the shares of our common stock are fully distributed, and an orderly market develops, if ever, the price at which it trades is likely to fluctuate. Prices for the shares of our common stock will be determined by the marketplace and may be influenced by many factors, including the depth and liquidity of the market for shares of our common stock, developments affecting our business, including factors referred to elsewhere, investor perception of the Company and general economic and market conditions. No assurances can be provided that an orderly or liquid market will ever develop for the shares of our common stock.

Because of the anticipated low price of the securities being registered, many brokerage firms may not be willing to effect transactions in these securities. Purchasers of our securities should be aware that any market that develops will be subject to the penny stock regulations and restrictions.

***21.***  ***Any market that develops will be subject to the penny stock regulations and restrictions pertaining to low priced stocks.*** 

The trading of our securities, if any, will be in the over-the-counter markets such as OTCQX, OTCQB or OTC-Open Market trading platforms as maintained by OTCMarkets Group, Inc. (the "OTC Market"). As a result, investors will find it difficult to dispose of, or to obtain accurate quotations as to the price of, our securities.

OTCQX - This is considered the highest tier of OTC Markets' securities based on the amount of available information. In order to be eligible for the OTCQX tier, the reporting companies must be current on all regulatory disclosures, maintain audited financials, and may not be a penny stock as that term is defined below, or a shell corporation, or in bankruptcy.

OTCQB - This tier is designed for early-stage or growth companies. Reporting companies must have a minimum bid price of $0.01. These reporting companies must be current in their regulatory reporting and have audited annual financials in accordance with U.S. GAAP. Similar to OTCQX, these reporting companies may not be in bankruptcy.

Pink Market ("OTC Pink Sheets") - This tier is also known as the Open Market. There are no minimum financial standards in terms of regulation, and it can include a wide variety of companies, including foreign companies, penny stock companies, shell companies, and other firms that choose not to provide or disclose financial information. Within the Pink Market, companies are classified as showing current or limited information.

Rule 3a51-1 of the Exchange Act establishes the definition of a "penny stock," for purposes relevant to us, as any equity security that has a minimum bid price of less than $5.00 per share or with an exercise price of less than $5.00 per share, subject to a limited number of exceptions which are not available to us. It is likely that our shares will be considered to be penny stocks for the immediately foreseeable future. This classification severely and adversely affects any market liquidity for our common stock.

For any transaction involving a penny stock, unless exempt, the penny stock rules require that a broker or dealer approve a person's account for transactions in penny stocks and the broker or dealer receive from the investor a written agreement to the transaction setting forth the identity and quantity of the penny stock to be purchased. In order to approve a person's account for transactions in penny stocks, the broker or dealer must obtain financial information and investment experience and objectives of the person and make a reasonable determination that the transactions in penny stocks are suitable for that person and that that person has sufficient knowledge and experience in financial matters to be capable of evaluating the risks of transactions in penny stocks.

The broker or dealer must also deliver, prior to any transaction in a penny stock, a disclosure schedule prepared by the Securities and Exchange Commission relating to the penny stock market, which, in highlight form, sets forth:

● the basis on which the broker or dealer made the suitability determination; and

● that the broker or dealer received a signed, written agreement from the investor prior to the transaction.

Disclosure also has to be made about the risks of investing in penny stock in both public offerings and in secondary trading and commissions' payable to both the broker-dealer and the registered representative, current quotations for the securities and the rights and remedies available to an investor in cases of fraud in penny stock transactions. Additionally, monthly statements have to be sent disclosing recent price information for the penny stock held in the account and information on the limited market in penny stocks.

Because of these regulations, broker-dealers may not wish to engage in the above-referenced necessary paperwork and disclosures or may encounter difficulties in their attempt to sell shares of our common stock, which may affect the ability of selling shareholders or other holders to sell their shares in any secondary market and have the effect of reducing the level of trading activity in any secondary market. These additional sales practice and disclosure requirements could impede the sale of our securities, if and when our securities become publicly traded. In addition, the liquidity for our securities may decrease, with a corresponding decrease in the price of our securities. Our shares, in all probability, will be subject to such penny stock rules for the foreseeable future and our shareholders will, in all likelihood, find it difficult to sell their securities.

***22.***  ***The market for penny stocks has experienced numerous frauds and abuses that could adversely impact investors in our stock.*** 

Company management believes that the market for penny stocks has suffered from patterns of fraud and abuse. Such patterns include:

● Control of the market for the security by one or a few broker-dealers that are often related to the promoter or issuer;

● Manipulation of prices through prearranged matching of purchases and sales and false and misleading press releases;

● "Boiler room" practices involving high pressure sales tactics and unrealistic price projections by sales persons;

● Excessive and undisclosed bid-ask differentials and markups by selling broker-dealers; and

● Wholesale dumping of the same securities by promoters and broker-dealers after prices have been manipulated to a desired level, along with the inevitable collapse of those prices with consequent investor losses.

***23.***  ***Any trading market that may develop may be restricted by virtue of state securities "Blue Sky" laws that prohibit trading absent compliance with individual state laws.*** 

Currently there is no established public market for the shares of our common stock, and there can be no assurance that any established public market will develop in the foreseeable future. Transfer of shares of our common stock may also be restricted under the securities or securities regulations laws promulgated by various states and foreign jurisdictions, commonly referred to as "Blue Sky" laws. Absent compliance with such individual state laws, our common stock may not be traded in such jurisdictions. Because the securities registered hereunder have not been registered for resale under the blue-sky laws of any state, the holders of such shares and persons who desire to purchase them in any trading market that might develop in the future, should be aware that there may be significant state blue sky law restrictions upon the ability of investors to sell the securities and of purchasers to purchase the securities. These restrictions prohibit the secondary trading of our common stock. We currently do not intend to and may not be able to qualify securities for resale in at least 11 states which do not offer manual exemptions (or may offer manual exemptions but may not offer one to us if we are considered by them to be a shell company at the time of application) and require shares to be qualified before they can be resold by our shareholders. Accordingly, investors should consider the secondary market for our securities to be a limited one.

***24.***  ***Our board of directors (consisting of two persons) have the authority, without shareholder approval, to issue preferred stock with terms that may not be beneficial to common stockholders and with the ability to affect adversely shareholder voting power and perpetuate their control over us.*** 

Our articles of incorporation allow us to issue shares of preferred stock without any vote or further action by our stockholders. Our board of directors have the authority to fix and determine the relative rights and preferences of the preferred stock. Our board of directors have the authority to issue preferred stock without further stockholder approval, including large blocks of preferred stock. As a result, our board of directors could authorize the issuance of a series of preferred stock that would grant to holders the preferred right to our assets upon liquidation, the right to receive dividend payments before dividends are distributed to the holders of common stock and the right to redemption of the shares, together with a premium, prior to the redemption of the shares of our common stock.

***25.***  ***The ability of our founder and CEO to control our business may limit or eliminate minority shareholders' ability to influence corporate affairs.*** 

As of the date of this report our founder and CEO beneficially owns 57 percent of our equity. Because of his beneficial ownership, our founder, and CEO is in the unique position to elect the board of directors, decide on all matters requiring shareholder approval and determine our policies. The interests of our founder and CEO may differ from the interests of other shareholders, such as with respect to the issuance of new shares, business transactions with or a sale to other companies, selection of additional officers and directors and other significant business decisions. Minority shareholders would have no way of overriding decisions made by our founder and CEO. This level of control may have an adverse impact on the market value of the shares of our common stock because our founder and CEO may institute or undertake transactions, policies or programs that may result in losses, may not take any steps to increase our visibility in the financial community or may sell sufficient numbers of shares to significantly decrease our price per share.

***26.***  ***A significant portion of our presently issued and outstanding common shares are restricted under Rule 144 of the Securities Act, as amended.*** 

A significant portion of our outstanding shares of common stock (16,500,000 of the 22,770,500 shares) are "restricted securities" as defined under Rule 144 promulgated under the Securities Act and may only be sold pursuant to an effective registration statement or an exemption from registration, if available. Rule 144 provides in essence that a person who is not an affiliate and has held restricted securities for a prescribed period of at least six (6) months if purchased from a reporting issuer or twelve (12) months (as is the case herein) if purchased from a non-reporting Company, may, under certain conditions, sell all or any of his shares without volume limitation, in brokerage transactions. Affiliates, however, may not sell shares in excess of one percent of the Company's outstanding common stock every three months. As a result of the revisions to Rule 144 (effective December 31, 2008) there is no limit on the number of restricted securities that may be sold by a non-affiliate (i.e., a stockholder who has not been an officer, director or control person for at least 90 consecutive days) after the restricted securities have been held by the owner for the aforementioned prescribed period of time. A sale under Rule 144 or under any other exemption from the Act, if available, or pursuant to registration of shares of common stock of present stockholders, may have a depressive effect upon the price of the common stock in any market that may develop.

***27.***  ***We do not expect to pay cash dividends in the foreseeable future.*** 

We have never paid cash dividends on our common stock. We do not expect to pay dividends on our common stock at any time in the foreseeable future. The payment of dividends directly depends upon our future earnings, capital requirements, financial requirements and other factors that our board of directors will consider. Since we do not anticipate paying cash dividends on our common stock, return on your investment, if any, will depend solely on an increase, if any, in the market value of our common stock.

***28.***  ***We are an "emerging growth company" and cannot be certain whether the reduced disclosure requirements applicable to emerging growth companies will make our common stock less attractive to investors.*** 

We are an "emerging growth company," as defined in the JOBS Act, and we may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not "emerging growth companies" including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in our periodic reports and proxy statements, and exemptions from the requirements of holding an annual non-binding advisory vote on executive compensation and nonbinding stockholder approval of any golden parachute payments not previously approved. We cannot predict if investors will find our common stock less attractive because we will rely on these exemptions. If some investors find our common stock less attractive as a result, there may be a less active trading market for our common stock and our stock price may be more volatile.

In addition, Section 107 of the JOBS Act provides that an "emerging growth company" can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. In other words, an "emerging growth company" can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. However, we are choosing to "opt out" of such extended transition period, and as a result, we will comply with new or revised accounting standards on the relevant dates on which adoption of such standards is required for non-emerging growth companies. Section 107 of the JOBS Act provides that our decision to opt out of the extended transition period for complying with new or revised accounting standards is irrevocable.

***29.***  ***Because we are not subject to compliance with rules requiring the adoption of certain corporate governance measures, our stockholders have limited protection against interested director transactions, conflicts of interest and similar matters.*** 

The Sarbanes-Oxley Act of 2002, as well as rule changes proposed and enacted by the Securities and Exchange Commission, the New York and American Stock Exchanges and the NASDAQ Stock Market, as a result of Sarbanes-Oxley, require the implementation of various measures relating to corporate governance. These measures are designed to enhance the integrity of corporate management and the securities markets and apply to securities that are listed on those exchanges or the NASDAQ Stock Market. Because we are not presently required to comply with many of the corporate governance provisions and because we chose to avoid incurring the substantial additional costs associated with such compliance any sooner than legally required, we have not yet adopted these measures even though we may be required in the future.

Because of the size of our board of directors and the limited number of independent directors, we do not have independent audit or compensation committees. As a result, our board of directors have the ability, among other things, to determine their own level of compensation. Until we comply with such corporate governance measures, regardless of whether such compliance is required, the absence of such standards of corporate governance may leave our stockholders without protections against self-interested director transactions, conflicts of interest, if any, and similar matters and investors may be reluctant to provide us with funds necessary to expand our operations.

We intend to comply with all corporate governance measures relating to director independence as and when required. However, we may find it very difficult or be unable to attract and retain qualified officers, directors and members of board committees required to provide for our effective management as a result of Sarbanes-Oxley Act of 2002. The enactment of the Sarbanes-Oxley Act of 2002 has resulted in a series of rules and regulations by the Securities and Exchange Commission that increase responsibilities and liabilities of directors and executive officers. The perceived increased personal risk associated with these recent changes may make it costlier or deter qualified individuals from accepting these roles. Some of the corporate governance measures have been metered by the JOBS Act.

***30.***  ***You may have limited access to information regarding our business because our obligations to file periodic reports with the Securities and Exchange Commission could be automatically suspended under certain circumstances.*** 

As of the effective date of our registration statement we became subject to certain informational requirements of the Exchange Act, as amended and are required to file periodic reports (i.e., annual, quarterly and material events) with the Securities and Exchange Commission which will be immediately available to the public for inspection and copying. In the event during the year that our registration statement became effective, these reporting obligations may be automatically suspended under Section 15(d) of the Exchange Act if we have less than 300 shareholders and do not file a registration statement on Form 8-A (of which we have no current plans to file). If this occurs after the year in which our registration statement became effective, we will no longer be obligated to file such periodic reports with the Securities and Exchange Commission and access to our business information would then be even more restricted. After this we may be required to deliver periodic reports to security holders as proscribed by the Exchange Act, as amended. However, we will not be required to furnish proxy statements to security holders and our directors, officers and principal beneficial owners will not be required to report their beneficial ownership of securities to the Securities and Exchange Commission pursuant to Section 16 of the Exchange Act. Previously, a company with more than 500 shareholders of record and $10 million in assets had to register under the Exchange Act. However, the JOBS Act raises the minimum shareholder threshold from 500 to either 2,000 persons or 500 persons who are not "accredited investors" (or 2,000 persons in the case of banks and bank holding companies). The JOBS Act excludes securities received by employees pursuant to employee stock incentive plans for purposes of calculating the shareholder threshold. This means that access to information regarding our business and operations will be limited.

***For all of the foregoing reasons and others set forth herein, an investment in our securities and any market that may develop in our securities in the future involves a high degree of risk and potential loss of your entire investment.***

**ITEM 1B. UNRESOLVED STAFF COMMENTS**

None.

**ITEM 1C. CYBERSECURITY**

We have processes to assess, identify and manage risks from cybersecurity threats as a part of our overall risk assessment process. On a regular basis we implement into our operations these cybersecurity processes, technologies, and controls to assess, identify, and manage material risks. We engage certain external advisors to enhance our cybersecurity oversight where necessary. Whereas a member of our board of directors, Mr. Wesley Fry, is a cybersecurity expert.

To manage our material risks from cybersecurity threats and to protect against, detect, and prepare to respond to cybersecurity incidents, we endeavor to undertake the below listed activities:

● Monitor emerging data protection
 laws in conjunction with our advisors and implement changes to our processes to comply;

● Maintain firewall and virus protection software, and
 two factor authentication logins to servers ; and

● Seek to obtain a cybersecurity insurance policy where
 necessary.

As part of the above processes, we will engage with third party service providers, beyond our board member, to review our cybersecurity program and help identify areas for continued focus, improvement, and compliance.

Our processes also include assessing cybersecurity threat risks associated with the use of third-party service providers in the normal course of business use. Third-party risks are included within our cybersecurity risk management processes discussed above. In addition, we assess cybersecurity considerations in the selection and oversight of our third-party service providers, including due diligence on the third parties that have access to our systems and facilities that house our critical systems and data.

Our board of directors is responsible for oversight of our risk assessment, risk management and cybersecurity risks. Our board of directors engage in discussions with management on cybersecurity-related news and discuss any updates to our cybersecurity risk management and strategy programs that are necessary.

As of the date of this Report, we have not encountered risks from cybersecurity threats that have materially affected, or are reasonably likely to materially affect, our business strategy, results of operations or financial position.

**ITEM 2. PROPERTIES**

Our offices are located at and our mailing address is 1035 East Vista Way, Vista, California 92084. This space is currently used by us and one other business that Mr. Dolan operates from this location. The property from which we conduct our primary operations from is rented by Mr. Dolan in his personal capacity. Mr. Dolan does not charge us and he currently pays for all the utilities and maintenance costs required by the use of this facility. There is no written lease agreement and we are under a month-to-month verbal agreement to use this facility at no cost to the Company. The Company utilizes storage and other space on as needed basis from several of its investors or vendors. We do not compensate them for this usage and operate under a verbal agreement as well.

**ITEM 3. LEGAL PROCEEDINGS**

We know of no material, existing or pending legal proceedings against our company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which our director, officer or any affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our interests.

**ITEM 4. MINE SAFETY DISCLOSURES**

Not applicable.

**<u>PART II</u>**

**ITEM 5. MARKET FOR THE REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES**

***Market for our Common Stock***

Our common stock is not listed on any established national stock exchange. While our common stock we believe will be quoted on the OTC-Pink Sheets market system upon initial application, there most likely will be a very limited public market for the shares of our common stock, with little to no trades of our common stock that will take place in any given time. Any quotations reflect interdealer prices, without retail mark-up, mark-down or commission, and may not represent actual transactions.

We plan to apply for listing on the OTCQB market as maintained by OTC Markets.

***Shareholders of Record***

As of July 14, 2025, an aggregate of 22,770,500 shares of our common stock were issued and outstanding and owned by 30 shareholders of record.

***Recent Sales of Unregistered Securities***

The Company's board of directors re-approved the 2022 Stock Offering and its extension of its terms and conditions and intends on settling with several of its vendors through the issuance of common stock as payment for vendor accounts payable under the terms of the 2022 Stock Offering.

During the twelve-month period ended March 31, 2025 the Company issued 6,500,000 shares of its $0.001 par value common stock, for approximately $650,000 of value, in exchange for the settlement of certain accounts payable, notes payable and accrued compensation amounts.

***Repurchase of Equity Securities***

We have no current plans, programs or other arrangements in regard to repurchases of our common stock beyond the one million three hundred thousand shares of common stock that occurred in or around September 2020.

***Dividends***

We have not since March 27, 2017 (date of inception) declared or paid any cash dividends on our common stock and currently do not anticipate paying such cash dividends. We currently anticipate that we will retain all of our earnings for use in the development and expansion of our business and for general corporate purposes. Any determination to pay dividends in the future will be at the discretion of our board of directors (the "Board" or the "Board of Directors") and will depend upon our results of operations, financial condition, tax laws and other factors as the Board, in its discretion, deems relevant.

***Securities Authorized for Issuance under Equity Compensation Plans***

None**.**

***Use of Proceeds from the Sale of Registered Securities***

None.

***Subsequent Issuances after Year-End***

None

All of the above-described issuances were exempt from registration pursuant to Section 4(a)(2) and/or Regulation D of the Securities Act as transactions not involving a public offering. With respect to each transaction listed above, no general solicitation was made by either the Company or any person acting on its behalf. All such securities issued pursuant to such exemptions are restricted securities as defined in Rule 144(a)(3) promulgated under the Securities Act, appropriate legends have been placed on the documents evidencing the securities, and may not be offered or sold absent registration or pursuant to an exemption there from.

**ITEM 6. SELECTED FINANCIAL DATA**

Selected financial data to our financial statements located elsewhere in this Report on Form 10-K is not required for smaller reporting companies under Article 8 Regulation S-X.

**ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS**

*Forward looking statements: Statements about our future expectations are "forward-looking statements" and are not guarantees of future performance. When used herein, the words "may," "will," "should," "anticipate," "believe," "appear," "intend," "plan," "expect," "estimate," "approximate," and similar expressions are intended to identify such forward-looking statements. These statements involve risks and uncertainties inherent in our business, including those set forth under the caption "Risk Factors," in this Report, and are subject to change at any time. Our actual results could differ materially from these forward-looking statements. This Annual Report on Form 10-K does not have any statutory safe harbor for this forward-looking statement. We undertake no obligation to update publicly any forward-looking statements.*

Management's Discussion and Analysis should be read in conjunction with the financial statements included in this annual report on Form 10-K (the "Financial Statements" or "Report"). These financial statements have been prepared in accordance with generally accepted accounting policies in the United States ("GAAP"). Except as otherwise disclosed, all dollar figures included therein and in the following management discussion and analysis are quoted in United States dollars.

The following discussion of the Company's financial condition and the results of operations should be read in conjunction with the Financial Statements and footnotes thereto appearing elsewhere in this Report.

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. In order to comply with the terms of the safe harbor, the Company notes that in addition to the description of historical facts contained herein, this Report contains certain forward-looking statements that involve risks and uncertainties as detailed herein and from time to time in the Company's other filings with the Securities and Exchange Commission and elsewhere. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties, which could cause actual results to differ materially from those, described in the forward-looking statements. These factors include, among others: (a) the Company's fluctuations in sales and operating results; (b) risks associated with international operations; (c) regulatory, competitive and contractual risks; (d) development risks; (e) the ability to achieve strategic initiatives, including but not limited to the ability to achieve sales growth across the business segments through a combination of enhanced sales force, new products, and customer service; and (f) pending litigation.

*Operations*

We were incorporated on March 27, 2017 and soon thereafter acquired our business plan from our founder and CEO, Mr. Robert Dolan. Most of the activity through July 14, 2025 involved the execution of our business plan, business development, technical engineering and design of the GPod grow-system and associated services, along with an emphasis on low-cost production of modular components and configurations, and of course the preparation of the Company's financial statements and other financial information as well as our corporate governance efforts in anticipation of our completed direct public offering.

We are a development stage business and have very limited financial resources. We have not established a source of equity or debt financing. Our independent registered public accounting firm has included an explanatory paragraph in their report emphasizing the uncertainty of our ability to remain as a going concern. An investor or financial statement reader should read our Risk Factors in full.

Our plan to continue as a going concern is to reach the point where we begin generating sufficient revenues from our business(s) or support services to meet our obligations on a timely basis. The Company has not yet acquired or internally developed a ready for market product or service utilizing our environmental growing system. We may not be able to acquire or internally develop any product or services in the future because of a lack of available funds or financing to do so. In order for us to develop or acquire new products or services, we must be able to secure financing, this includes beyond just the net proceeds of the completed direct public offering. In the early stages of operations, we will continue to maintain or keep our costs to a minimum. The cost to develop the business plan as currently outlined may very well be in excess of $250,000. We have no established source of funds to undertake the business plan as currently outlined. Until we obtain the necessary funding, if ever, we will continue to keep our operating costs as low as possible. Our founder and CEO will provide a substantial amount of the work without any cash compensation. This methodology would certainly result in extending our development stage for at least two to five years. If we are unable to obtain adequate funding or financing, the Company faces the ultimate likelihood of business failure. There are no assurances that we will be able to raise any funds or establish any financing program for the Company's growth.

*Business*

There is no way of accurately predicting when product development will progress to the point of generating any revenue. The timing of development is a function of having sufficient working capital. There is no way of knowing when or if we will be able to raise the capital necessary. If we do, services could be ready within three to six months following that the necessary funds have been secured by us. If we do not raise sufficient financing, revenue producing activities of any kind will most likely not commence for at least 18 months, if ever.

We are building a company that provides turn-key stand-alone grow modules intended to fit in a standard size garage. We are developing an environmentally sound, cost-efficient optimized grow-system ("optimized growing system") that provides customization of the GPod layout with interchangeable modules to match the growers' needs. Our optimized growing system will enable consumers to modify and enhance their GPod layout to create custom systems with modifications such as thicker/thinner insulated walls, automated growing systems (i.e. hydroponic and aeroponic based), environmental controls (heating/cooling/humidity/arid), flood trays, drip systems, and lighting choices (LED, incandescent, infrared, ultraviolet, etc.). The user will have access to the latest technological advancements and trends in the horticultural world, while staying well within the guidelines of organic growing as currently understood.

Our optimized growing system will provide users with what we believe to be a comprehensive approach to custom organic gardening in the urban environment. We believe this approach will provide an experience in organic gardening that will become the new way to capture would-be home gardeners by providing a turnkey garage sized GPod. This ready-to-go system will offer an immediate sense of satisfaction from the GPod gardener. The immediate ability to start growing your own vegetables with only a minimal effort by the gardener combined with the net results of incredible organic fruits and vegetables will make the GPod provide the urban gardener self-sufficiency for their family and friends. We believe this new concept in gardening using the GPod grow-system will provide maximum yield per square foot. We have created a system that is easy to operate and is so simple that it promotes creativity. This approach will additionally help us in creating long-lasting return customers and create new relationships.

Our business operations will be comprised of two distinct segments:

&nbsp;&nbsp;&nbsp;&nbsp;a) GPod
 sales of modular organic systems for micro-farming consumers; and

b) Support
 services for the micro-farming consumer

We developed our optimized growing system utilizing internal resources, our founder's vast knowledge and assistance from a reputable design and engineering firm with experience in project development like this. We have not yet formalized any relationships with manufacturers of our product or ancillary components that we intend to use. The Company intends to seek the help of outside sales representatives and marketing consultants to develop a professional sales and marketing strategy to capitalize on these technologies. We intend to pursue this strategy with further financing and hire an in-house web design and support group. To date no commercial website or services have been developed through these efforts. The Company believes our customers will primarily come from social media, SEO (search engine optimized) advertising, word of mouth, trade shows and conventions.

With a goal of building mobile farming systems that provide the customer' the ability to meet their food needs. GPods has developed an aeroponic system that cuts down on time, water-use, energy-use, and cost reduction, while boosting production and to promote healthier foods. The vertical farming system allows the operator to grow up to three times more produce in a given area than conventional hydroponic growing systems. This system is designed to reduce water usage by 50% compared to conventional hydroponic methods.

The GPod system uses an innovative technology to grow a wide variety of plants, including vine plants, root plants, flowers, and greens. The vertical aeroponic system – meaning plants are grown without soil by exposing roots to mineral nutrient spray solutions in a water solvent – aims to reduce expenses associated with energy, water, space, and labor. While hydroponics technology is expected to continue to dominate the market over the next few years, aeroponic and aquaponics systems are expected to show rapid growth due to the lower water usage of the former and the rising adoption of the latter by small-scale systems due to cost benefits.

The GPod vertical is comprised of one reservoir, one water pump, and multiple rows of 2-inch square holes to which the seedling inserts are affixed. The spray of nutrient-rich water feeds the plants efficiently and provide cost saving by using less water and food. The rows are spaced to reduce the size requirements for water, and energy usage but are fully accessible for harvesting from the ground. While hydroponics technology is expected to continue to dominate the market over the next few years, aeroponic and aquaponics are expected to show rapid growth due to the lower water usage of the former and the rising adoption of the latter by small-scale systems due to cost benefits.

With a goal of building mobile farm systems that provide customers the ability to meet their food production needs, GPods believes that it has developed an aeroponic system that cuts down on time, water, and energy use, and reduces costs, while boosting production and to promote healthier foods. Its vertical farming system allows the operator the ability to grow up to three times more produce in a given area than conventional hydroponic growing systems. The system is designed to reduce water usage by about 50% compared to conventional hydroponic methods.

Our plan to continue as a going concern is to reach the point where we begin generating sufficient revenues from our environmentally optimized growing system business(s) or services (complimentary to the grow-system) to meet our obligations on a timely basis. The Company has not yet acquired or fully developed any of its intended services. We may not be able to acquire or internally develop any of its intended services in the future because of a lack of available funds or financing to do so. In order for us to develop or acquire any of its intended services, we must be able to secure the necessary financing, beyond just the proceeds of the completed direct public offering. In the early stages of our operations, we will continue to keep costs to a minimum. The cost to develop our business plan as currently outlined will be in excess of $250,000. We have no established current sources of funds to undertake the business plan as outlined. Until we obtain funding, if ever, we will keep our operating costs as low as possible with our founder, and CEO providing substantially all of the work on his own without any cash compensation. This methodology would result in our development stage extending for at least two to three years.

We believe that our environmentally optimized growing system division (once developed, if at all) may begin to generate sufficient revenues earlier than the corporate direct sales (once developed, if at all). If we are unable to obtain adequate funding or financing, the Company faces the ultimate likelihood of business failure. There are no assurances that we will be able to raise any funds or establish any financing program for the Company's growth.

*Industry Overview*

Aspiring urban organic growers who are challenged may find history interesting that the modular growing systems were invented by horticultural engineers as early as the 19th century. Famous botanist George Arends saw the need for year-round growing to accomplish the success in his prolific perennials. These controlled systems were expensive and therefore limited in size; therefore, he was always trying to make the limited space available more productive. George Arends (1862-1952) of Ronsdorf, Germany was a prolific breeder of perennials. Best known for his cultivars of False Spirea (*Astilbe*), with perhaps 95% of those sold today belonging to the *arendsii* species, he also bred *Bergenia, Sedum, Phlox* and *Campanula.* Between 1902 and 1952 Arends introduced over 74 cultivars of *Astilbe*, with the bronze leaf and red flowered 'Fanal' in 1933 the first of its type.

The purist of the organic growing movement initially thought that the highest form of organic growing was achieved outdoors in the soil under the sun; little did they know that the soil, water and other local factors were toxic and not controllable. The GPod creates a pure, clean environment, free of toxic factors, finite, in that the 'grow' is starting from scratch with pure materials and a clean environment.

Early development of outdoor greenhouses was embraced for their ability to seize control of nature's uncontrollable whims. Although embraced for its superiority over standard outdoor farming, it still was lacking some of the base needs in order to be a perennial grower. Green houses were an attempt to bring a semblance of control into farming, pests were rampant, water was at a premium, and toxic chemicals were around every corner, causing issues at every corner. In the 50's greenhouse growing became mainstream, rows of green houses as far as the eye could see, high yields and low loss continued to encourage the trend. It wasn't till the late 80's that consumers started to become more informed, informed of the lack of supervision of what goes into the growth of the food they were eating, the organic movement was born, the consumer started to change his demands, and the market place reacted. Today the organic movement is king, the majority of consumers are well informed, and they demand the strict control of the growth of their consumables.

Based on industry reports, sales of organic food growing hardware and supplies, the industry has seen revenue doubled every three years; outperforming most traditional outdoor commercial gardening relative revenues. In the United States indoor organic gardening may surpass $10 billion per annum. Over the next five years this represents more than $500 million in sales; a significant increase to current spending of controlled indoor growing equipment and other ancillary products. Retail sales we believe have historically served the average organic grower. Our management team believes that the GPod system will revolutionize this relationship by providing the infrastructure at a reasonable cost with supplies arriving on a scheduled as needed basis.

We believe the confluence of a need for organic foods in combination with the recent advances with indoor gardening, cost reduction in startup and online customization of the GPod present an opportunity for us to position our business in introducing a revolutionary product and business model. Garage space planning and design will be changed in future housing to incorporate this new system of growing.

*Competitive Focus*

We expect to encounter strong competition in all areas of our business activity. We intend to compete on the basis of technology, performance, price, quality, reliability, reputation, distribution, range of products and services, ease of use of our products, account relationships, user training, service and support, security, availability of applications and internet infrastructure offerings, and our sustainability performance.

The markets for our key business are characterized by strong competition among major corporations with long-established positions and a large number of new and rapidly growing businesses which we will compete with. In this market most product life cycles are short, and to remain competitive we must develop new products and services, periodically enhance our products and services and compete effectively on the basis of the above various factors. In addition, we may compete with our potential partners, including other grow-system businesses that design, manufacture and market their products. Our successful management of these competitive relationships will be critical to our success. Moreover, we anticipate that we may have to adjust our prices on our products and services to stay competitive in this market.

We believe the following will assist us in exploiting the expected growth in the environmentally optimized integrated portable grow-system market which is ideal for growing high quality specialty crops and many varieties of herbs and other plant life with controlled indoor organic gardening:

&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Scalability</u>.
 We believe our state of-the-art, environmentally optimized grow-system and its varied support by unique GPod design and services
 will become scalable, a solution designed to serve the underserved, fragmented horticulture and micro-farming market and sophisticated
 urban gardener.

&nbsp;&nbsp;&nbsp;&nbsp;2. <u>"Sticky" Relationship</u>. Our business model will provide a solution that is designed to act as an incentive to keep the consumer engaged
 with our state of-the-art, environmentally optimized grow-system and support services using current and future GPod modules.

3. <u>Expertise in Indoor Gardening</u>. Our founder has extensive experience in organic growing which comes from his vast experience in the commercial
 growing industry. We will seek to capitalize on that expertise.

4. <u>Speed to Implementation</u>. We believe that a fully-developed environmentally optimized grow-system and well thought-out vertical GPod
 product line, in combination with our manufacturing and distribution system, will provide immediate insight into the usage (and behavior)
 of our consumer and their micro-farming output and customers' unique growing needs.

*Growth Strategy*

Key elements of our growth strategy shall include:

&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Core Products</u>. We plan to enhance our core products through user interface and functionality with our optimized growing system as
 well as interchangeable modules for different growing requirements, with new offerings as soon as reasonably practicable.

2. <u>Focus</u>.
 We intend to organically grow market penetration by: (a) securing contracts with organic wholesalers in various markets, (b) exploiting
 social networks, (c) leveraging development opportunities, and (d) adding solutions to professionals in the market.

3. <u>Strategic Alliances</u>. We plan to team with other businesses that have complementary features to our products, when fully developed, thereby
 reducing our development cost and introducing us to consumers and end-users.

4. <u>International Expansion</u>. We intend to expand internationally through partnerships and alliances.

*Business Objectives*

Our objective is to become a provider of self-contained organic grow modules. We are pursuing the following strategies to achieve this goal:

&nbsp;&nbsp;&nbsp;&nbsp;a) Initiating
 website development and ecommerce function, identifying complimentary product offerings, promoting, and advertising through social
 media campaigns;

b) Create
 a national media presence through social media – We will seek to create and enhance a national awareness and aggressively market
 our products through social media outlets;

c) Identify
 and develop strategic relations with our Manufacturing partners – utilize partners, high volume distribution facility to create
 highly efficient low-cost production model; and

d) High
 functioning, and esthetically pleasing grow modules will contribute to growers' overall productivity and sense of well-being.
 GPods can convey a sense of self-reliance for the basic needs of life. We will provide a comprehensive selection of modules that
 can be food oriented or yield based to meet the expectations of each individual organic grower. Every Urban grower may not have the
 means to grow, but with the help of GPods they can grow year-round.

GPod products can transform any garage space into a productive space for the family to enjoy, not just the farmer. We believe that friends visiting the garage fitted with a GPod products will instantly be won over.

*The Future and Proto Pod-II*

The van conversion business transforms standard cargo or passenger vans into custom living spaces, catering to the growing demand for mobile lifestyles and adventure travel. We believe that this business can offer both ready-made converted vans for sale and conversion services for customer-owned vehicles, targeting outdoor enthusiasts, digital nomads, and those seeking alternative housing solutions. The market is currently experiencing robust growth, driven by trends in remote work, travel, and sustainability making it perfect for our Proto Pod-II experience.

Overview - The Model: Custom van conversions (both ready-made vans for sale and custom conversion services for client-owned vehicles). The Market: Adventure travelers, van life enthusiasts, digital nomads, and eco-conscious consumers. The Selling Proposition: High-quality, handcrafted conversions with options for sustainable materials and advanced off-grid technology.

Market - The global van conversion market was valued at approximately $2.5 billion in 2024 and is projected to reach approximately $4.8 billion by 2033, with a compound annual growth rate ("CAGR") of 7.5%. We believe that demand will be fueled by: The rise of van life culture and remote work. Desire for cost-effective, flexible travel and living options. Growing interest in eco-friendly and electric van conversions. Key competitors include established conversion shops and DIY builders. Differentiation can be achieved through design quality, customization, and customer service.

Products and Services - Ready-Made Camper Vans: Purchase and convert vans, then sell as turnkey living spaces. Higher profit margins but longer sales cycles. Custom Conversion Services: Convert customer-supplied vans to their specifications. Lower margins but quicker turnaround and less inventory risk. Upgrade Packages: Solar power, water systems, insulation, heating/cooling, custom cabinetry, and tech integration. Consulting & Design: For DIY customers seeking professional guidance.

Planning - Facility: Workshop for conversions, storage, and client consultations. Team: Skilled carpenters, electricians, plumbers, and project managers. Start small, scale as demand grows. Suppliers: Source sustainable and high-quality materials in bulk to control costs. Process: Standardize workflows for efficiency—planning, metalwork, electrics, insulation, carpentry, water/gas, and furnishings. Project Management: Use digital tools to track progress, manage timelines, and communicate with clients.

Sales and Marketing - Digital Presence: Professional website with portfolio, pricing, and customer testimonials. Social media: Active Instagram, YouTube, and Facebook accounts showcasing builds and behind-the-scenes content. Leverage daily updates and van tours to attract buyers. Events: Attend RV, van life, and outdoor expos. Partnerships: Collaborate with campgrounds, adventure outfitters, and travel influencers. Referral Program: Incentivize satisfied customers to refer new clients.

Legal and Regulatory - Business Registration: Obtain appropriate licenses and permits for your location. Insurance: Commercial auto, general liability, and property insurance. Certifications: Use licensed professionals for plumbing, electrical, and propane installations. Secure necessary permits and inspections. Vehicle Titling: Assist clients with title transfers and registration.

Risk - Inventory: Selling ready-made vans can tie up capital; balance with custom conversion services for steady cash flow. Market: Monitor trends and adjust offerings (e.g., electric van conversions, off-grid tech) to stay competitive. Quality: Maintain high standards to build reputation and secure referrals.

A van conversion business incorporating the Proto Pod-II concept offers strong growth potential by combining craftsmanship, design, and adventure. The Company's success will depend on efficient operations, standout marketing, and delivering exceptional customer experiences. With the right strategy, this new business segment we believe can capture a significant share of a thriving and evolving market that is available to the Company.

This Report includes limited market and industry data and forecasts that we obtained from internal research, publicly available information and industry publications and surveys. The industry in which we operate is subject to a high degree of uncertainty and risk due to a variety of factors, including those described in the section above entitled "Risk Factors".

Without additional financing we will not be able to pursue our business plan or our time-line objectives, and the Company may fail. It is our plan to seek additional financing from either equity financing or through debt instruments. Company's management has, through relationships and partnerships, begun the necessary work on some of our intended products. Our founder and CEO has primarily provided these services through the date of this Report. Our business plan requires further completion of these tasks which require the hiring of employees and/or outside contractors. With the level of sophistication and expertise of our founder and CEO, as well as other various professionals that he knows, the Company should make progress in its development planned product, but currently no specific timeframe can be provided. Most if not all of these actions will be predicated on the Company obtaining the necessary financing to accomplish these steps. If financing is not available on terms reasonable to the Company and its shareholders, then the progression steps of this business plan will not occur as planned and may never occur.

We currently have no sources of financing and no commitments for financing. There are no assurances that we will obtain sufficient financing or the necessary resources to enter into contractual agreements with outside designers or sales or marketing firms. We currently do not have any cash or other resources to commence the use of outside service providers. If we do not receive funding or financing, our business is likely to be maintained with limited operations for at least the next 12 months because our founder and CEO, will continue to provide his services without consideration. We have no formal agreement in place with our founder and CEO covering his services, our founder's and CEO's plan will be to do all of the administrative and planning work as well as programming and marketing work on his own without consideration while he continues to seek other sources of funding for the Company.

*Necessity for Additional Financing*

Management believes that if it is successful in raising the necessary funds, of which there can be no assurances, we may generate sizeable revenue within the next 12 to 18 months. While we hope that we will be successful in these efforts, additional equity or debt financing may not be available to us on acceptable terms or at all, and thus we would fail to satisfy our cash requirements. As of the date of this Report we have received approximately $68,000 in loans from our majority shareholder, as well as interest free loans from business associates of our founder in the amount of $172,000. We expect these amounts will increase substantially over the next few months as the next phase of operations is rolled out.

Securing additional financing is critical to implementation of our timeline. If and when we obtain the required additional financing, we should be able to take our business plan through the necessary steps. In the event we are unable to raise any additional funds we will not be able to pursue our business plan, and we may fail entirely. We currently have no committed sources of financing besides the verbal commitment from our majority shareholder to provide us with financing in the short term until we are able to obtain reliable sources of financing.

*Other*

As a corporate policy, we will not incur any financial obligations that we cannot satisfy with identified resources. We believe the perception that many have of a public company is that they are more likely than not that they will accept restricted securities from a public company as consideration for indebtedness than they would from a private company. We have not performed any formal studies of this matter. Our conclusion is based solely on our own observations. There can be no assurances that we will be successful in any of those efforts even if we become a publicly traded company. The issuance of restricted shares will dilute the ownership interests of our current stockholders.

*Results of Operations for the twelve-month period ended March 31, 2025 compared to the twelve-month period ended March 31, 2024*

---

| | | |
|:---|:---|:---|
|  | **For the year ended**<br> **March 31, 2025** | **For the year ended**<br> **March 31, 2024** |
| Expenses: |  |  |
| &nbsp;&nbsp;&nbsp;Officer compensation and wage expense – related party | 60000 | 60000 |
| &nbsp;&nbsp;&nbsp;Consulting expense | 40500 | 134750 |
| &nbsp;&nbsp;&nbsp;Legal and accounting expense | 8250 | 29250 |
| &nbsp;&nbsp;&nbsp;Design and technical expense – related party | 52200 |  |
| &nbsp;&nbsp;&nbsp;Software development and consulting expense – related party | 57200 | 15400 |
| &nbsp;&nbsp;&nbsp;Administration expense and other | 4778 | 9740 |
|  | (222928) | (249140) |
| Operating income (loss) | (222928) | (249140) |
| Other income and expense | 250000 | - |
| Income/(Loss) before provision for income tax | 27072 | (249140) |
| Provision for income tax | - | - |
| Net income/(loss) | $27072 | $(249140) |
| Basic and diluted income/(loss) per share | $0.00 | $(0.02) |
| Weighted average common shares outstanding - basic and diluted | 16448500 | 16270500 |

---

 

*Expenses*

Expenses for the twelve-month period ended March 31, 2025 compared to the twelve-month period ended March 31, 2024 were $222,928 and $249,140, respectively. Expenses decreased year over year by $26,212 or a decrease of 10.5%. The primary reason for this is we recently began our efforts on the Proto-Pod II version as well as increasing our general business operations.

Officer's compensation - related party was $60,000 for the twelve-month period ended March 31, 2025 compared to $60,000 for the twelve-month period ended March 31, 2024. Officer compensation expense – related party remained static year over year. We and Mr. Dolan agreed to cancel or forgive approximately $225,000 of accrued compensation due and owing to Mr. Dolan. This was necessary as we do not currently have the financial capabilities to pay Mr. Dolan for this accrued compensation. As a requirement by us Mr. Dolan was to forgive a portion of his compensation in order for us to receive concessions from several of our vendors that had sizeable accounts payable balances. It was agreed in principal by Mr. Dolan, the Company and the vendors at the time that Mr. Dolan may forgive additional compensation or convert that accrued compensation into equity of the Company at the then prevailing prices. No written agreement was entered into with regards to the remaining accrued compensation. Subsequent to the $225,000 in forgiveness and prior to year-end the Company and the related party agreed to settle another $250,000 in accrued compensation payable to its founder in exchange for 2,500,000 shares of its common equity stock. We removed approximately $475,000 in accrued compensation from the balance sheet.

Consulting expenses were $40,500 for the twelve-month period ended March 31, 2025 compared to $134,750 for the twelve-month period ended March 31, 2024. Consulting expense decreased year over year by $94,250 or a decrease of 69.9%. The primary reason for this is during the prior year we retained outside professionals to assist us with operational and other business type consulting services, in preparation for our financial reporting and other regulatory needs that have been left unattended, along with process controls and other best practices if we are to self-manufacture our GPod product.

Legal and accounting expenses were $8,250 for the twelve-month period ended March 31, 2025 compared to $29,250 for the twelve-month period ended March 31, 2024. Legal and accounting expenses decreased comparative period over comparative period by $21,000 or a decrease of 71.8%. The Company retained PCAOB audit firm, Gillespie & Associates, PLLC, in connection with the preparation of its financial reporting and other regulatory needs. The Company expects to incur additional expenses due and owing to our PCAOB audit firm for our continued efforts in remaining compliant.

Software development and consulting expense – related party incurred in connection with our new environmentally optimized growing system was $57,200 for the twelve-month period ended March 31, 2025 compared to $15,400 for the twelve-month period ended March 31, 2024. Software development and consulting expense – related party increased year over year by $41,800 or an increase of 271.4%. The primary reason for this is we increased the need for outside contractors and development as well as efforts in the development of our Proto-Pod II version of the former GPod product.

Design and technical expense incurred in connection with our new environmentally optimized growing system was $52,200 for the twelve-month period ended March 31, 2025 compared to $0 for the twelve-month period ended March 31, 2024. Design and technical expense increased significantly comparative period over comparative period by $52,200. The primary reason for this is we significantly increased our need for outside contractors and development as well as efforts in the development of our Proto-Pod II version of the former GPod product.

Administrative costs and other expense were $4,778 for the twelve-month period ended March 31, 2025 compared to $9,740 for the twelve-month period ended March 31, 2024. Administrative costs and other expense decreased year over year by $4,962 or a decrease of 50.1%. Administrative costs and other expense remained relatively static comparative period over comparative period beyond the reduction in our EDGAR service providers fees which were reduced on a month-to-month basis.

Other income or expense were $250,000 for the twelve-month period ended March 31, 2025 compared to $0 for the twelve-month period ended March 31, 2025. This was comprised of debt forgiveness of $150,000 (previously $271,800, of which $121,800 was subsequently reclassified to additional paid in capital due to the nature of the transaction was with a related party), and a gain on sale of asset – related party of $100,000 for the twelve-months ended March 31, 2025. These were both one-time events and therefore not comparative for prior periods.

*Income/(loss) before provision for income taxes*

Income/(loss) before provision for incomes taxes for the twelve-month period ended March 31, 2025 compared to the twelve-month period ended March 31, 2024 was $27,072 and $(249,140), respectively. We recorded no provision for federal income taxes. We have not generated any revenues from our product sales to date. Provision for income taxes which is specific to the $800 California minimum franchise tax due annually is included in administrative costs and other expense. Weighted average common shares outstanding was 16,448,500 for the twelve-month period ended March 31, 2025 compared to 16,270,500 for the twelve-month period ended March 31, 2024. Basic and diluted income/(loss) per share for the twelve-month period ended March 31, 2025 compared to the twelve-month period ended March 31, 2024 was $0.00 and $(0.02), respectively.

*Liquidity*

We paid all costs related to our direct public offering. These expenses were paid as necessary. Absent the ability to pay these amounts in full and our expected public reporting costs and other needs we may need to seek financial assistance from shareholders or non-affiliated parties of the Company and its founder who may agree to loan us capital. To the extent that such liabilities cannot be extended or satisfied in other ways we may seek outside financing or loans from financial institutions or other funding sources. If and when secured, these loans most likely will be evidenced by interest-bearing secured and unsecured notes treated as loans until repaid, if and when the Company has the ability to do so. No formal written arrangement exists with respect to anyone's commitment to loan us funds for these purpose or others. Our current funding sources have provided us unsecured notes payable with non-interest bearing and due upon demand terms. We believe these to be favorable because of the relationship of our founder with these lenders.

Since acquiring the business plan, most of our resources and work have been devoted to executing our business plan, limited technical design and drawing, testing and mock-up of our interchangeable modules to be used with our intended product, implementing systems and controls, and completing our registration statement. When our registration statement was complete, we began to refocus our work on product and service offerings as well as push forward with the development of our intellectual property surrounding *our new environmentally optimized growing system*. We believe the research and development work needed to further complete our product development, attract designers, and initiate marketing plans, including the development of a saleable product, will range between $200,000 and $250,000. This includes the use of outside contractors and experts and the services of our founder, Mr. Dolan. If we are able to secure the necessary funding to outsource these steps, of which there can be no assurance, we believe that we can execute a proper launch of our product and services to the consumer. If we are only able to use internal resources (primarily consisting of services of our founder, and CEO), the process may take much longer and our launch may be limited to a much smaller market. If we are unable to raise sufficient financing, development costs would have to come from our founder and CEO (to the extent that he is capable and willing to provide such additional financing). While we have engaged the services of several outside consultants on an as "needed basis" their assistance is rather limited and based on our financial capabilities and commitment. Our goal is for us to be able to have a saleable product, several robust sales channels and an e-commerce presence in six to twelve months from this date. There is no way of estimating the likelihood of reaching that goal.

Private capital will continue to be solicited from associates of our founder and CEO or through private investors referred to us by those same associates. To date, we have not sought out any larger funding sources other than associates of Mr. Dolan, nor have we authorized any person or entity to seek out funding on our behalf. If a market for our securities ever develops, of which there can be no assurances, we may use restricted shares of our common stock to compensate employees, consultants and independent contractors wherever possible. We cannot predict the likelihood or source of raising capital or funds needed to complete the development of our product and the stages as outlined above.

We embarked upon an effort to become a public company and, by doing so, have incurred and will continue to incur additional significant expenses for legal, accounting and related services. Once we become a publicly traded entity, subject to the reporting requirements of the Exchange Act, we will incur ongoing expenses associated with professional fees for accounting, legal and a host of other expenses including annual reports and proxy statements, if required. We estimate these costs to be in excess of $100,000 per year and may be higher if our business volume or business activity increases significantly. Our current estimate of costs does not include the necessary expenses associated with compliance, documentation and specific reporting requirements of Section 404 (as we are not subject to the full reporting requirements of Section 404 until we exceed $75 million in market capitalization or we decide to opt-out of the "emerging growth company" as defined under the JOBS Act). This exemption is only available to us under the JOBS Act or until we have been public for more than five years. These obligations we believe reduce our ability and resources to expand our business. We hope to be able to use our status as a public company to increase the ability to use noncash means of settling obligations and compensate independent contractors who provide professional services to us (i.e. issuance of restricted shares of our common stock), although there can be no assurances that we will be successful in any of those efforts. We will reduce compensation paid to management (if and when we do compensate management) if there is insufficient cash generated from operations to satisfy these costs.

We do not have any current plans to raise capital through the sale of securities except as described herein. We hope to be able to use our status as a public company to enable us to use non-cash means of settling obligations and compensate persons or firms providing services to us, although there can be no assurances that we will be successful in any of those efforts. We believe that the perception that many people have of a public company make it more likely that they will accept restricted securities from a public company as consideration for indebtedness to them than they would from a private company. We have not performed any studies of this matter. Our conclusion is based on our own beliefs and advice that we have received from finance and market professionals. Issuing shares of common stock to such persons instead of paying cash to them may increase our chances to establish and expand our business and business opportunities. Having shares of our common stock may also give a person a greater feeling of identity with us which may result in increased referrals. However, these actions, if successful, will result in dilution of the ownership interests of existing shareholders, may further dilute common stock book value, and that dilution may be material. Such issuances may also serve to enhance existing management's ability to maintain control of the Company because the shares may be issued to parties or entities committed to supporting existing management. As presented in our audited financial statements to this Report the Company offered shares of its common stock to settle certain accounts payable and other obligations. The price at which the Company settled these debts were the same or comparable to what is being offered in our amended 2022 private placement offering. No further negotiations have taken place with any other professionals or vendors at this time.

As of March 31, 2025, we owed approximately $500,000 (of which approximately $100,000 is owed to various related parties) in connection with product development costs incurred, consulting services and other expenses. We have not entered into any formal agreements or agreements, written or oral, with any vendors or others for payment of services or expenses that cannot be deferred. There are no other significant liabilities due as of March 31, 2025. As of March 31, 2025, we owed approximately $31,000 in connection with three (3) interest-free demand loans from three (3) related parties, Mr. Dolan, Mr. Estus and Mr. Fry. As of March 31, 2025, we owed approximately $172,000 from two (2) non-affiliated parties. The proceeds of loans (both related party and non-related party) were used for working capital. Our cash position was approximately $400 at March 31, 2025. During the twelve-month period ended March 31, 2025 the Company issued 6,500,000 shares of its common stock for $650,000 in exchange for accounts payable, notes payable and accrued compensation payments. We increased our additional paid in capital balance by over $1.3 million which consisted of debt forgiveness from various related parties, and the exchange of debt obligations into common stock of the Company.

*Critical Accounting Policies*

The preparation of financial statements and related footnotes requires us to make judgments, estimates, and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses, and related disclosure of contingent assets and liabilities.

An accounting policy is considered to be critical if it requires an accounting estimate to be made based on assumptions about matters that are highly uncertain at the time the estimate is made, and if different estimates that reasonably could have been used, or changes in the accounting estimates that are reasonably likely to occur periodically, could materially impact the financial statements.

There are no critical policies or decisions that rely on judgments that are based on assumptions about matters that are highly uncertain at the time the estimate is made.

Financial Reporting Release No. 60 requires all companies to include a discussion of critical accounting policies or methods used in the preparation of financial statements. There are no critical policies or decisions that rely on judgments that are based on assumptions about matters that are highly uncertain at the time the estimate is made. Note 2 to the financial statements, included elsewhere in this Report, includes a summary of the significant accounting policies and methods used in the preparation of our financial statements.

*Recently Issued Accounting Pronouncements*

The Company evaluated recent accounting pronouncements through March 31, 2025 and believes there are none that have a material effect on the Company's financial statements except for the following.

In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740)—Improvements to Income Tax Disclosures ("ASU 2023-09"), which is intended to enhance the transparency and decision usefulness of income tax disclosures. The amendments in ASU 2023-09 provide for enhanced income tax information primarily through changes to the rate reconciliation and income taxes paid information. ASU 2023-09 is effective for the Company prospectively to all annual periods beginning after December 15, 2024. Early adoption is permitted. We are currently evaluating the impact this update will have on our financial condition. The adoption had no material impact on our financial statements.

In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280)—Improvements to Reportable Segment Disclosures ("ASU 2023-07"), which require public companies disclose significant segment expenses and other segment items on an annual and interim basis and to provide in interim periods all disclosures about a reportable segment's profit or loss and assets that are currently required annually. The guidance is effective for public entities for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The guidance is applied retrospectively to all periods presented in the financial statements, unless it is impracticable. The adoption had no material impact on our financial statements.

In October 2023, the FASB issued ASU No. 2023-06, Disclosure Improvements: Codification Amendments in Response to the SEC's Disclosure Update and Simplification Initiative. This update modifies the disclosure or presentation requirements of a variety of topics in the Accounting Standards Codification to conform with certain SEC amendments in Release No. 33-10532, Disclosure Update and Simplification. The amendments in this update should be applied prospectively, and the effective date for each amendment will be the date on which the SEC's removal of that related disclosure from Regulation S-X or S-K becomes effective. However, if the SEC has not removed the related disclosure from its regulations by July 14, 2027, the amendments will be removed from the Codification and not become effective. Early adoption is prohibited. We are currently evaluating the potential impact of this guidance on our financial statements.

We have implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and we do not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on our financial position or results of operations.

*Critical Accounting Policies*

The preparation of financial statements and related notes requires us to make judgments, estimates, and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses, and related disclosure of contingent assets and liabilities.

An accounting policy is considered to be critical: (a) if it requires an accounting estimate to be made based on assumptions about matters that are highly uncertain at the time the estimate is made; and (b) if different estimates that reasonably could have been used, or changes in the accounting estimates that are reasonably likely to occur periodically, could materially impact the financial statements.

*Seasonality*

We have not generated any revenues, so we have no direct experience with seasonality for our business. We do not expect that our planned business operations as currently outlined will be affected by seasonality.

*Off-Balance Sheet Arrangements*

We have no off-balance sheet arrangements, as defined in Item 303(a)(4)(ii) of Regulation S-K, obligations under any guarantee contracts or contingent obligations. We also have no other commitments other than the costs of being a public company that will increase our operating costs or cash requirements in the future.

**ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK**

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

**ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA**

**GPODS, INC.**

**MARCH 31, 2025**

**INDEX TO FINANCIAL STATEMENTS**

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| | |
|:---|:---|
| Contents | Page(s) |
| [Reports of Independent Registered Public Accounting Firm](#fin_001) | F-1 |
| [Balance Sheets at March 31, 2025 and 2024](#fin_002) | F-2 |
| [Statement of Operations for the Years Ended March 31, 2025 and 2024](#fin_003) | F-3 |
| [Statement of Stockholders' Equity (Deficit) for the Years Ended March 31, 2025 and 2024](#fin_004) | F-4 |
| [Statement of Cash Flows for the Years Ended March 31, 2025 and 2024](#fin_005) | F-5 |
| [Notes to the Financial Statements](#fin_006) | F-6 |

---

MICHAEL GILLESPIE & ASSOCIATES, PLLC

**CERTIFIED PUBLIC ACCOUNTANTS**

**VANCOUVER, WA 98666**

**206.353.5736** **<u>Report of Independent Registered Public Accounting Firm</u>**

To the Shareholders & Board of Directors

GPods, Inc.

**Opinion on the Financial Statements**

We have audited the accompanying balance sheets of GPods, Inc. as of March 31, 2025 and 2024 and the related statements of operations, changes in stockholders' deficit, cash flows, and the related notes (collectively referred to as "financial statements") for the years then ended. In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of March 31, 2025 and 2024 and the results of its operations and its cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America.

**Going Concern**

The accompanying financial statements have been prepared assuming the Company will continue as a going concern. As discussed in Note #2 to the financial statements, although the Company has limited operations it has yet to attain profitability. This raises substantial doubt about its ability to continue as a going concern. Management's plan in regard to these matters is also described in Note #2. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

**Basis for Opinion**

These financial statements are the responsibility of the Company's 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 2022.

PCAOB ID: 6108

Vancouver, Washington

July 9, 2025

**GPODS, INC.**

**BALANCE SHEETS**

---

| | | |
|:---|:---|:---|
|  | **March 31, 2025** | **March 31, 2024** |
| **ASSETS** |  |  |
| **CURRENT ASSETS:** |  |  |
| &nbsp;&nbsp;&nbsp;Cash and cash equivalents | $405 | $1708 |
| &nbsp;&nbsp;&nbsp;Prepaid expense | 4675 | - |
| Total Current Assets | 5080 | 1708 |
| **OTHER ASSETS:** |  |  |
| Proto-Pod capitalized costs, net of impairment reserve of $0 and $261,303 at March 31, 2025 and March 31, 2024, respectively |  |  |
| Internal use software | 108600 | 105600 |
| Total Other Assets | 108600 | 105600 |
| **TOTAL ASSETS** | $113680 | $107308 |
| **LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)** |  |  |
| **CURRENT LIABILITIES:** |  |  |
| &nbsp;&nbsp;&nbsp;Accounts payable and other accrued expense | $250350 | $680850 |
| &nbsp;&nbsp;&nbsp;Related party accounts payable (see Note 4) | 52000 | 339600 |
| &nbsp;&nbsp;&nbsp;Related party accrued compensation expense (see Note 4) | 10000 | 425000 |
| &nbsp;&nbsp;&nbsp;Related party loans and notes payable (see Note 4) | 31543 | 68043 |
| &nbsp;&nbsp;&nbsp;Notes payable | 172135 | 161535 |
| &nbsp;&nbsp;&nbsp;Investor stock payable | - | 8500 |
| **TOTAL LIABILITIES** | 516028 | 1683528 |
| **STOCKHOLDERS' EQUITY (DEFICIT):** |  |  |
| &nbsp;&nbsp;&nbsp;Common stock, $0.001 par value; 90,000,000 shares authorized; 22,770,500 and 16,270,500 issued and outstanding at March 31, 2025 and March 31, 2024, respectively | 22771 | 16271 |
| &nbsp;&nbsp;&nbsp;Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued and outstanding |  |  |
| &nbsp;&nbsp;&nbsp;Additional paid in capital | 1171820 | 31520 |
| &nbsp;&nbsp;&nbsp;Accumulated deficit | (1596939) | (1624011) |
| **TOTAL STOCKHOLDERS' EQUITY (DEFICIT)** | (402348) | (1576220) |
| **TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)** | $113680 | $107308 |

---

SEE NOTES TO FINANCIAL STATEMENTS

**GPODS, INC.**

**STATEMENTS OF OPERATIONS**

---

| | | |
|:---|:---|:---|
|  | **For the year** **ended**<br> **March 31, 2025** | **For the year** **ended**<br> **March 31, 2024** |
| Expenses: |  |  |
| &nbsp;&nbsp;&nbsp;Officer compensation and wage expense – related party | 60000 | 60000 |
| &nbsp;&nbsp;&nbsp;Consulting expense | 40500 | 134750 |
| &nbsp;&nbsp;&nbsp;Legal and accounting expense | 8250 | 29250 |
| &nbsp;&nbsp;&nbsp;Design and technical expense – related party | 52200 |  |
| &nbsp;&nbsp;&nbsp;Software development expense – related party | 57200 | 15400 |
| &nbsp;&nbsp;&nbsp;Administrative expense and other | 4778 | 9740 |
| Total expenses | 222928 | 249140 |
| Operating income (loss) | (222928) | (249140) |
| Other income and expense: |  |  |
| Debt forgiveness | 150000 |  |
| Gain on sale of asset– related party | 100000 | - |
| Total other income and expense | 250000 | - |
| Income/(loss) before income tax | 27072 | (249140) |
| Provision for income tax | - | - |
| Net income/(loss) | $27072 | $(249140) |
| Basic and diluted gain/(loss) per share | $0.00 | $(0.02) |
| Weighted average common shares outstanding - basic and diluted | 16448500 | 16270500 |

---

SEE NOTES TO FINANCIAL STATEMENTS

**GPODS, INC.**

**STATEMENT OF STOCKHOLDERS' DEFICIT**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Common**<br> **Stock** | **Common**<br> **Stock**<br> **Amount** | **Additional**<br> **Paid-in**<br> **Capital** | **Accumulated**<br> **Deficit** | **Total** |
| Balance – March 31, 2023 | 16270500 | $16271 | $31520 | $(1374871) | $(1327080) |
| Net loss – for the twelve months ended March 31, 2024 | - | - | - | (249140) | (249140) |
| Balance – March 31, 2024 | 16270500 | 16271 | 31520 | (1624011) | (1576220) |
| Debt forgiveness from related party transactions |  |  | 375000 |  | 375000 |
| Reclassification of debt forgiveness due to change in status of non-related party |  |  | 121800 |  | 121800 |
| Issuance of common stock in exchange for settlement of related party loans and notes payable – fair value of $0.10 per share, $0.001 par value | 500000 | 500 | 49500 |  | 50000 |
| Issuance of common stock in exchange for settlement of related party accrued compensation - $0.10 per share, $0.001 par value | 2500000 | 2500 | 247500 |  | 250000 |
| Issuance of common stock in exchange for settlement of related party accounts payable - $0.10 per share, $0.001 par value | 3500000 | 3500 | 346500 |  | 350000 |
| Net income/(loss) – for the twelve months ended March 31, 2025 | - | - | - | 27072 | 27072 |
| Balance – March 31, 2025 | 22770500 | $22771 | $1171820 | $(1596939) | $(402348) |

---

SEE NOTES TO FINANCIAL STATEMENTS

**GPODS, INC.**

**STATEMENT OF CASH FLOWS**

---

| | | |
|:---|:---|:---|
|  | **For the year ended**<br> **March 31, 2025** | **For the year ended**<br> **March 31, 2024** |
| CASH FLOW FROM OPERATING ACTIVITIES: |  |  |
| Net income/(loss) | $27072 | $(249140) |
| Gain on extinguishment of debt | (150000) |  |
| Related party – gain on sale of asset | (100000) |  |
| Adjustments to reconcile net loss to cash (used in) operating activities: |  |  |
| &nbsp;&nbsp;&nbsp;Change in prepaid expense and other | (4675) |  |
| &nbsp;&nbsp;&nbsp;Change in accounts payable and accrued expense - other | 41300 | 135550 |
| &nbsp;&nbsp;&nbsp;Change in investor payable | (8500) | (4500) |
| Net Cash (Used in) Operating Activities | (194803) | (118090) |
| CASH FLOW FROM INVESTING ACTIVITIES |  |  |
| &nbsp;&nbsp;&nbsp;Capitalized proto-pod costs – related party | - | - |
| Net Cash (Used in) Investing Activities | - | - |
| CASH FLOW FROM FINANCING ACTIVITIES: |  |  |
| &nbsp;&nbsp;&nbsp;Change in accounts payable – related party | 109400 | 15400 |
| &nbsp;&nbsp;&nbsp;Change in accrued expense – related party | 60000 | 60000 |
| &nbsp;&nbsp;&nbsp;Loan proceeds – non-related party | 15600 | 38019 |
| &nbsp;&nbsp;&nbsp;Loan payments - related party |  | (1050) |
| &nbsp;&nbsp;&nbsp;Loan proceeds - related party | 8500 | - |
| Net Cash Provided by Financing Activities | 193500 | 112369 |
| CHANGE IN CASH | (1303) | (5721) |
| CASH AT BEGINNING OF PERIOD | 1708 | 7429 |
| CASH AT END OF PERIOD | $405 | $1708 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION |  |  |
| Cash paid for: |  |  |
| Interest | $- | $- |
| Income taxes | $- | $- |
| &nbsp;&nbsp;&nbsp;Non-cash investing and financing activities: |  |  |
| &nbsp;&nbsp;&nbsp;Capitalized services - Proto-pod costs – non-related party | $- | $- |
| &nbsp;&nbsp;&nbsp;Capitalized services - Internal use software – related party | $3000 | $15400 |
| &nbsp;&nbsp;&nbsp;Increase in paid in capital from related party debt settlement | $496800 | $- |
| &nbsp;&nbsp;&nbsp;Issuance of equity in exchange for notes payable – related party | $50000 | $- |
| &nbsp;&nbsp;&nbsp;Issuance of equity in exchange for accounts payable – related party | $350000 | $- |
| &nbsp;&nbsp;&nbsp;Issuance of equity in exchange for accrued compensation – related party | $200000 | $- |

---

SEE NOTES TO FINANCIAL STATEMENTS

**GPODS, INC.**

**NOTES TO THE FINANCIAL STATEMENTS**

**MARCH 31, 2025**

**NOTE 1-SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

Organization

The "Company" was incorporated on March 27, 2017 (date of inception) under the laws of the State of Nevada, as GPods, Inc. The Company is headquartered in Southern California and offers its services throughout the continental United States and Canada.

Nature of business

The Company's business is to provide customers with various storage and organization solutions through an assortment of innovative products and unparalleled customer service. The Company offers its products directly to customers including business-to-business customers, through an e-commerce website and/or call center operation. We provide a self-contained grow-pod solution that streamlines the start-up process and begins generating revenue for the customer in as little time as possible. The GPod system is designed for ease of operation, allowing customers of all backgrounds and philosophies to immediately start growing quality specialty crops, specifically leafy crops, including many varieties of herbs, spices and plant species.

Year end

The Company's year-end is March 31.

Cash and cash equivalents

For the purpose of the statements of cash flows, all highly liquid investments with an original maturity of three months or less are considered to be cash equivalents. The carrying value of these investments approximates fair value.

Inventory

Inventory is valued at the lower of cost or market value. Cost is determined using the first in first out (FIFO) method. Provision for potentially obsolete or slow-moving inventory is made based on management analysis or inventory levels and future sales forecasts.

Revenue recognition

The Company recognizes revenue in accordance with the Financial Accounting Standard Board ("FASB") issued Accounting Standards Codification ("ASC") *ASC 605, Revenue Recognition. ASC 605* requires that four basic criteria are met: (1) persuasive evidence of an arrangement exists, (2) delivery of products and services has occurred, (3) the fee is fixed or determinable and (4) collectability is reasonably assured. The Company recognizes revenue during the month in which products are shipped or fees are earned.

Advertising costs

Advertising costs are expensed as incurred; however, no material advertising costs were incurred for the year ended March 31, 2025 or March 31, 2024.

Fair value of financial instruments

Fair value measurements are determined under a three-level hierarchy for fair value measurements that prioritizes the inputs to valuation techniques used to measure fair value, distinguishing between market participant assumptions developed based on market data obtained from sources independent of the reporting entity ("observable inputs") and the reporting entity's own assumptions about market participant assumptions developed based on the best information available in the circumstances ("unobservable inputs").

Fair value is the price that would be received to sell an asset or would be paid to transfer a liability (i.e., the "exit price") in an orderly transaction between market participants at the measurement date. In determining fair value, the Company primarily uses prices and other relevant information generated by market transactions involving identical or comparable assets ("market approach"). The Company considers the impact of a decrease in volume and level of activity for an asset or liability when compared with normal activity to identify transactions that are not orderly.

**GPODS, INC.**

**NOTES TO THE FINANCIAL STATEMENTS**

**MARCH 31, 2025**

**NOTE 1–SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)**

The highest priority is given to unadjusted quoted prices in active markets for identical assets (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Securities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.

The three hierarchy levels are defined as follows:

Level 1 - Quoted prices in active markets that is unadjusted and accessible at the measurement date for identical, unrestricted assets or liabilities;

Level 2 - Quoted prices for identical assets and liabilities in markets that are not active, quoted prices for similar assets and liabilities in active markets or financial instruments for which significant inputs are observable, either directly or indirectly;

Level 3 - Prices or valuations that require inputs that are both significant to the fair value measurement and unobservable.

Credit risk adjustments are applied to reflect the Company's own credit risk when valuing all liabilities measured at fair value. The methodology is consistent with that applied in developing counterparty credit risk adjustments, but incorporates the Company's own credit risk as observed in the credit default swap market.

Financial instruments consist primarily of cash, prepaid expense, accounts payable and accrued expenses, and notes payable. The carrying amounts of such financial instruments approximate their respective estimated fair value due to the short-term maturities and approximate market interest rates of these instruments. The estimated fair value is not necessarily indicative of the amounts the Company would realize in a current market exchange or from future earnings or cash flows.

Stock-based compensation

The Company accounts for stock awards issued to non-employees in accordance with *ASC 505-50, Equity-Based Payments to Non-Employees.* The measurement date is the earlier of (1) the date at which a commitment for performance by the counterparty to earn the equity instruments is reached, or (2) the date at which the counterparty's performance is complete. Stock awards granted to non-employees are to be valued at their respective measurement dates based on the trading price of the Company's common stock (when available) and recognized as an expense during the period in which the services are provided.

Earnings per share

Earnings (loss) per share are computed in accordance with *ASC 260, Earnings per Share*. Basic earnings (loss) per share is computed by dividing net income (loss), after deducting preferred stock dividends accumulated during the period, by the weighted-average number of shares of common stock outstanding during each period. Diluted earnings per share is computed by dividing net income by the weighted-average number of shares of common stock, common stock equivalents and other potentially dilutive securities, if any, outstanding during the period.

Income taxes

The Company accounts for income taxes in accordance with *ASC 740-10, Income Taxes*. Deferred tax assets and liabilities are recognized to reflect the estimated future tax effects, calculated at the tax rate expected to be in effect at the time of realization. A valuation allowance related to a deferred tax asset is recorded when it is more likely than not that some portion of the deferred tax asset will not be realized. Deferred tax assets and liabilities are adjusted for the effects of the changes in tax laws and rates of the date of enactment.

*ASC 740-10* prescribes a recognition threshold that a tax position is required to meet before being recognized in the financial statements and provides guidance on recognition, measurement, classification, interest and penalties, accounting in interim periods, disclosure and transition issues. Interest and penalties are classified as a component of interest and other expenses.

**GPODS, INC.**

**NOTES TO THE FINANCIAL STATEMENTS**

**MARCH 31, 2025**

**NOTE 1-SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)**

Uncertain tax positions are measured and recorded by establishing a threshold for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Only tax positions meeting the more-likely-than-not recognition threshold at the effective date may be recognized or continue to be recognized.

Use of estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reported period. Actual results could differ from those estimates.

Long-lived assets

Long-lived assets are reviewed for impairment when events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.

Recent accounting standards pronouncements or updates

Accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on the financial statements upon adoption.

**NOTE 2-GOING CONCERN**

The Company's financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern that contemplates the realization of assets and liquidation of liabilities in the normal course of business.

As noted above, the Company is in its development stage and, accordingly, has not yet generated sufficient or reoccurring revenues from its operations. Since inception, the Company has been primarily engaged in financing activities and executing its plan of operations. As a result, the Company from one-off or one-time transactions incurred, net income from operations for the twelve-month period ended March 31, 2025 was $27,072. This reduced our accumulated deficit of $1,596,939 as of March 31, 2025. The Company as of March 31, 2025 still continues to have a negative working capital balance of $510,948. The Company's activities since inception have primarily been sustained through the deferral of debt and payments to vendors and others.

The Company intends to raise additional capital through the sale of equity securities, the offering of debt securities, or borrowings from financial institutions and both related and nonrelated parties. Management believes that its actions to secure additional funding provide the Company the opportunity to continue as a going concern. There is no guarantee the Company will be successful in achieving any of these objectives. These sources of working capital are not currently assured, and consequently do not sufficiently mitigate the risks and uncertainties disclosed above.

The ability of the Company to continue as a going concern is dependent upon management's ability to raise capital from the sale of its equity and, ultimately, the achievement of operating revenues. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

**NOTE 3-INTANGIBLE ASSETS AND CAPITALIZED COSTS**

Intangible Asset

Intangible assets with finite lives are amortized over their estimated useful life. The Company monitors conditions related to these assets to determine whether events and circumstances warrant a revision to the remaining amortization period. The Company tests its intangible assets with finite lives for potential impairment whenever management concludes events or changes in circumstances indicate that the carrying amount may not be recoverable. The original estimate of an asset's useful life and the impact of an event or circumstance on either an asset's useful life or carrying value involve significant judgment.

**GPODS, INC.**

**NOTES TO THE FINANCIAL STATEMENTS**

**MARCH 31, 2025**

**NOTE 3-INTANGIBLE ASSETS AND CAPITALIZED COSTS (CONTINUED)**

Proto-Pod Capitalized Costs and Internal Use Software

The Company defines a capital expenditure as a purchase or payment that provides a future benefit to the business and increases the value of fixed asset or intangible asset and its value. The benefit to the business must exceed two years and the minimum capitalization threshold varies. Capital is a limited company resource from which spending should result in increased value to the business, as generally demonstrated by increased revenue, revenue protection, or increased efficiencies. Effective allocation of the Company's limited capital resources needs to be performed to maximize benefit, and timely reporting and monitoring of capital spending is imperative.

The Company determined through detailed analysis and review with its related party service provider DLE Consulting ("DLE") that costs incurred by the Company from DLE's professional services and its intimate involvement in the development and construction, design and modifications to the Proto-Pod should be capitalized. The Company has not determined as to whether expenses incurred for its new version of the Proto-Pod II should be capitalized or not. The Company analyzes expenditures on a monthly basis as to whether to expense or to capitalize. The balance at March 31, 2025 for the Company's Proto-Pod Capitalized Costs was $0. The Company during the twelve-month period ending March 31, 2025 sold to DLE what remained of its Proto-Pod Capitalized Costs. The Company and vendor came to an agreement to sell the Proto-Pod Capitalized Costs for $100,000 which was satisfied with a commensurate reduction in accounts payable due and owing to the vendor. The Company recognized $100,000 gain on sale of asset from the disposition of the Proto-Pod Capitalized Costs and was disclosed as a related party transaction within its Statement of Operations.

The Company determined through analysis and review with its related party service provider (see Note 4-Related Party Notes Payable and Other Related Party Transactions) W270 Systems, SA ("W270") that a portion of costs incurred by the Company from W270 and its work on our internal use software to be utilized in the Proto-Pod development and its use by the Company to analyze information obtained from various sources to expand its services should be capitalized. In the recent past W270 devoted approximately 50% to 60% of its professional time to our varied smart-phone applications that are to be offered by the Company, and 40% to 50% of its professional time for development of our in-house use software that will not be made available to the public. It has been determined that our smart-phone application efforts and the capitalization of such costs significantly dropped as a percentage of W270's overall efforts. This is two-fold as the Company believes it is near the end of its smart-phone application development, with commercial launch imminent, as well as the launch of the in-house internal use software. The vendor validated this determination with its focus on pure software development and maintenance. The Company continues to analyze these expenditures on a monthly basis as to whether to expense or capitalize such costs. For the twelve-month period ended March 31, 2025, the Company capitalized internal use software development costs of $3,000. Balances at March 31, 2025 and March 31, 2024 for Company's Internal Use Software were $108,600 and $105,600, respectively.

**GPODS, INC.**

**NOTES TO THE FINANCIAL STATEMENTS**

**MARCH 31, 2025**

**NOTE 4-RELATED PARTY NOTES PAYABLE AND OTHER RELATED PARTY TRANSACTIONS**

The Company recorded compensation expense to its related party of $60,000 and $60,000 for twelve-month periods ended March 31, 2025 and 2024, respectively. The Company and its founder/related party agreed to limit the related party's annual salary to $60,000 per year or $5,000 per month. The Company and the related party during the twelve-month period ended March 31, 2025 agreed to cancel or forgive approximately $225,000 of accrued compensation due and owing to Mr. Dolan. This was necessary as the Company did not currently have the financial capabilities to pay Mr. Dolan for this compensation and it was requirement for Mr. Dolan to forgive a portion of his compensation in order to receive concessions from several of its vendors that had sizeable accounts payable balances. It was agreed in principal by Mr. Dolan, the Company and the vendors that Mr. Dolan may forgive additional compensation or convert that accrued compensation into equity of the Company at the then prevailing prices. No written agreement was entered into with regards to the remaining accrued compensation at the time. Subsequent to the accrued compensation forgiveness, and prior to year-end, the Company and the related party agreed to settle another $250,000 in accrued compensation payable to its founder in exchange for 2,500,000 shares of its common equity stock. Accrued compensation payable of $10,000 and $425,000 is due and payable as of March 31, 2025 and March 31, 2024, respectively.

On December 31, 2017, the Company executed a promissory note with its related party, Mr. Robert Dolan, Chief Executive Officer of the Company in the amount of $6,000. The unsecured note payable bears interest at 0% per annum and is due upon demand. Subsequent to the accrued compensation forgiveness, and prior to year-end, the Company and the related party agreed to settled approximately $50,000 of related party promissory note(s) due to Mr. Dolan in exchange for 500,000 shares of its common equity stock. The outstanding balance for the related party promissory note(s) due to Mr. Dolan as of March 31, 2025 and 2024 was $18,043 and $68,043 respectively. During prior years the Company borrowed money from a shareholder. This amount was negligible and amounted to $50 due and owing to this shareholder. During the twelve-month period ending March 31, 2024, we paid this shareholder back the $50 owed to them. For the twelve-month period ended March 31, 2025, the Company approached this shareholder to borrow needed funds once again (as well Mr. Fry agreed to join our board of directors). This related party lent the Company $8,500 in August of 2024 to cover certain obligations of the Company. With the exchange of certain accounts payable for equity in the Company, Mr. David Estus became a related party. For the year ended March 31, 2022 the Company borrowed $5,000 from Mr. Estus. Therefore Mr. Estus is a related party due to his ownership in the Company.

As of March 31, 2025 total related party promissory notes were $31,543 which consists of Mr. Dolans related party note payable balance of $18,043, $5,000 owed to Mr. Estus, and another $8,500 owed to Mr. Fry. Mr. Fry's and Mr. Estus' unsecured notes payable bear interest at 0% per annum and is due upon demand. The Company used these related party funds for working capital purposes and for the development of its proto-type GPods solution.

**GPODS, INC.**

**NOTES TO THE FINANCIAL STATEMENTS**

**MARCH 31, 2025**

**NOTE 4-RELATED PARTY NOTES PAYABLE AND OTHER RELATED PARTY TRANSACTIONS (CONTINUED)**

We had accounts due and owing to a vendor that became a related party during the year ended March 31, 2019 due to their equity ownership in the Company. As part of the Mr. Dolan's negotiated accrued compensation forgiveness described above, the Company was able to secure vendor accounts payable forgiveness or a reduction with W270 of $150,000. Subsequent to the forgiveness of the accounts payable balance, and prior to year-end, the Company and W270 agreed to settle another $200,000 in accounts payable due and owing to W270 in exchange for 2,000,000 shares of its common equity stock.

We had accounts due and owing to a vendor that became a related party during the year ended March 31, 2025 due to their equity ownership in the Company. The related party, DLE Consulting ("DLE"), and its principal, Mr. Estus, executed a subscription agreement on March 27, 2025. As part of the Mr. Dolan's negotiated accrued compensation forgiveness described above, the Company was able to secure vendor accounts payable forgiveness or a reduction with DLE of $121,800. In accordance with GAAP, we are required to reclassify what was initially a gain on settlement of debt forgiveness in the 4<sup>th</sup> quarter of fiscal year ending March 31, 2025 to an increase in additional paid in capital balance. Additionally, during the 2<sup>nd</sup> quarter of fiscal year ending March 31, 2025, DLE and the Company entered into an agreement to purchase the Proto-Pod Capitalized Costs for a pre-determined price of $100,000 which was considered fair value for the assets. The Proto-Pod Capitalized Costs was fully reserved for impairment. This transaction closed in September 2024 with a satisfaction of accounts payable due and owing to DLE in the amount of $100,000. Subsequent to the forgiveness of the accounts payable balance and gain on sale of the asset, and prior to year-end, the Company and DLE agreed to settle another $150,000 in accounts payable due and owing to DLE in exchange for 1,500,000 shares of its common equity stock. Upon acceptance of equity in the Company DLE became a related party requiring any transaction with DLE to be in compliance with related party disclosure for the entire period presented.

The related party accounts payable balance for the vendors totaled $339,600 at March 31, 2024 and $52,000 at March 31, 2025.

Capitalized internal use – software increased during the twelve-month period ended March 31, 2025 by $3,000. As described in Note 3 above the Company capitalized approximately 50% (this changed significantly in the period presented) of the costs incurred to develop its internal use software in accordance with GAAP. Other costs incurred with respect to W270 are expensed as incurred; during the twelve-month period ended March 31, 2025 this amounted to $57,200 which is characterized as Software development expense – related party.

Capitalized costs – prototype increased during the twelve-month period ended March 31, 2025 by $0. As described in Note 3 above the Company capitalized approximately 100% of the costs incurred to develop its prototype product in accordance with GAAP. Of the $0 in costs capitalized, $0 was incurred with respect to the DLE, and $0 in costs that our CEO and President, Mr. Dolan incurred and paid for during the twelve-month period. With the sale of the Proto-Pod Capitalized Costs during the twelve-month period, the Company does not believe that it will incur any additional capitalized costs with respect to that derivation of the prototype which is no longer under development; however, the Company has begun or recently embarked upon the development of a new prototype that has been classified as Proto-Pod II. The Proto-Pod II is centered upon recreational vehicle or delivery van-sized enclosures that are both fully mobile and supports the GPod product and service vision. Other costs incurred with respect to DLE are expensed as incurred; during the twelve-month period ended March 31, 2025 this amounted to $52,200 which is characterized as Design and technical expense – related party.

Our two significant vendors in production and operations, both now related parties have agreed to continue to defer any cash payments on their accounts payable balances until the Company has secured sufficient financing.

**NOTE 5-NOTES PAYABLE AND INVESTOR STOCK PAYABLE**

Notes Payable

The Company's unsecured notes payable bore interest at 0% per annum and were due and payable on demand. The Company may from time to time borrow additional funds from these non-affiliated sources on similar terms, if available. The Company used these funds primarily for working capital purposes. These notes payable were made in the ordinary course of business. As of March 31, 2025 and March 31, 2024 the Company had $172,135 and $161,535 in outstanding notes payable, respectively.

The Company, during the twelve-month period ended March 31, 2025, received proceeds of $15,600 from two of its notes payable holders. No payments were made during the twelve-month period ended March 31, 2025. The Company, during the twelve-month period ended March 31, 2024, received proceeds of $38,019 and no payments were made to the note payable holders. The Company has no plans on repaying the promissory notes payable and may seek to convert these notes payable into common stock of the Company or through some other means.

Investor Stock Payable

During the twelve-month period ended March 31, 2021, the Company in connection with its failure to list on the available exchanges to it made an offer to a number of its shareholders to repurchase their shares at the same price that they had originally invested in. As of March 31, 2025 all of the former investors who executed these agreements have been paid in full.

As of March 31, 2025 and March 31, 2024 the Company had $0 and $8,500 in outstanding investor stock payable due to these 45 former shareholders, respectively.

**GPODS, INC.**

**NOTES TO THE FINANCIAL STATEMENTS**

**MARCH 31, 2025**

**NOTE 6-INCOME TAXES**

At March 31, 2025, the Company had a net operating loss carryforward of $1,596,939, which begins to expire in fiscal year ending March 31, 2035. Components of net deferred tax asset, including a valuation allowance, are as follows for March 31, 2025 and 2024:

---

| | | |
|:---|:---|:---|
| Deferred tax asset: | **March 31, 2025** | **March 31, 2024** |
| Net operating loss carryforward | $335360 | $341045 |
| Total deferred tax asset | 335360 | 341045 |
| Less: Valuation allowance | (335360) | (341045) |
| Net deferred tax asset | $- | $- |

---

Valuation allowance for deferred tax asset as of March 31, 2025 and March 31, 2024 was $335,360 and $341,045, respectively. In assessing the recovery of the deferred tax asset, management considers whether it is more likely than not that some or all of the deferred tax asset will not be realized. The realization of the deferred tax asset is dependent upon the generation of future taxable income in the periods in which those temporary differences become deductible. Management considers scheduled reversals of future deferred tax assets, projected future taxable income, and tax planning strategies in making this assessment. As a result, management determined it was more likely than not that our deferred tax asset will not be realized and recorded a 100% valuation allowance for the period.

Reconciliation between statutory rate and the effective tax rate for the twelve-month periods ending March 31, 2025 and March 31, 2024:

---

| | |
|:---|:---|
| Federal statutory rate | (21.0)% |
| State taxes, net of federal benefit | (0.00)% |
| Change in valuation allowance | 21.0% |
| Effective tax rate | 0.0% |

---

The Company accounts for income tax using the liability method prescribed by ASC 740, "Income Taxes". Under this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and liabilities using enacted tax rates that will be in effect in the year in which the differences are expected to reverse. The deferred tax assets on March 31, 2025 and 2024 consist of net operating loss carryforwards. The net deferred tax asset has been fully offset by a valuation allowance because of the uncertainty of the attainment of future taxable income. For reporting purposes, we previously included state minimum franchise tax as a component of income taxes for the period reported. In accordance with ASC 740 we have included this minimum franchise tax in administrative expense and other in our Statement of Operations.

The Company did not identify any material uncertain tax positions. The Company did not recognize any interest or penalties for unrecognized tax benefits. The federal income tax returns of the Company are subject to examination by the IRS generally for three years after filing with the service.

**NOTE 7-SHARE CAPITAL**

The Company is authorized to issue 90,000,000 shares of its $0.001 par value common stock and 10,000,000 shares of its $0.001 par value preferred stock.

**GPODS, INC.**

**NOTES TO THE FINANCIAL STATEMENTS**

**MARCH 31, 2025**

**NOTE 7-SHARE CAPITAL (CONTINUED)**

Common stock

Holders of the Company's common stock are entitled to one vote for each share on all matters submitted to a stockholder vote. Holders of common stock do not have cumulative voting rights. Therefore, holders of a majority of the shares of common stock voting for the election of directors can elect all of the directors. Holders of the Company's common stock representing a majority of the voting power of the Company's capital stock issued, outstanding and entitled to vote, represented in person or by proxy, are necessary to constitute a quorum at any meeting of stockholders. A vote by the holders of a majority of the Company's outstanding shares is required to effectuate certain fundamental corporate changes such as liquidation, merger or an amendment to the Company's certificate of incorporation.

Holders of the Company's common stock are entitled to share in all dividends that the board of directors, in its discretion, declares from legally available funds. In the event of a liquidation, dissolution or winding up, each outstanding share entitles its holder to participate pro rata in all assets that remain after payment of liabilities and after providing for each class of stock, if any, having preference over the common stock. The Company's common stock has no pre-emptive rights, no conversion rights and there are no redemption provisions applicable to the Company's common stock.

During September 2022, the Company began an exempt private placement offering (the "2022 Stock Offering") of its common stock at a price of $0.10 per share. Total capital raise for the 2022 Stock Offering is $750,000. The 2022 Stock Offering the Company may include the settlement of accounts payable, vendor accounts as well as the settlement of related party amounts due on loans and accrued expense. The Company's board of directors re-approved the 2022 Stock Offering and its extension of its terms and conditions and intends on settling with several of its vendors through the issuance of common stock as payment for vendor accounts payable under the terms of the 2022 Stock Offering. During the twelve-month period ended March 31, 2025 the Company issued 6,500,000 shares of its common stock for $650,000 in exchange for accounts payable, notes payable and accrued compensation payments.

At March 31, 2025 and March 31, 2024, there were 22,770,500 and 16,270,500 shares of common stock issued and outstanding, respectively.

**NOTE 8-GAIN ON DEBT FORGIVENESS**

As discussed in Note 4-Related Party Notes Payable and Other Related Party Transactions the Company and several of its vendors and Mr. Dolan, its related party, officer and director. The Company and the related party during the twelve-month period ended March 31, 2025 agreed to cancel or forgive approximately $225,000 of accrued compensation to Mr. Dolan for no consideration. This was economically necessary as the Company does not have the financial capabilities to pay Mr. Dolan for his accrued compensation and it was necessary for Mr. Dolan to forgive a portion of his compensation in order to receive concessions from several of its vendors that too had sizeable liability or financial balances with the Company. As part of the accrued compensation forgiveness with Mr. Dolan described above and in Note 4, the Company was able to secure vendor accounts payable forgiveness or a reduction with one of its non-related party vendors totaling $150,000 reflected in our Statement of Operations. Furthermore, the Company was able to secure vendor accounts payable forgiveness or reductions with two of its related party vendors totaling $271,800 reflected as an increase in additional paid in capital within our Statement of Stockholders' Equity.

**NOTE 9-GAIN ON SALE OF ASSET - RELATED PARTY**

As discussed in Note 4-Related Party Notes Payable and Other Related Party Transactions the Company entered into an agreement to sell the Proto-Pod Capitalized Costs to a (at the time) non-related party vendor that performed services on the Proto-Pod for $100,000. The Proto-Pod Capitalized Costs had been fully reserved for impairment in prior years, therefore any amount received would be considered a gain on sale in the period received or executed. This transaction closed prior to September 30, 2024 with a satisfaction of accounts payable due and owing to this (now a related party) vendor in the amount of $100,000. The Company recognized gain on the sale of $100,000 from the disposition of the asset during the twelve-month period ended March 31, 2025 as reflected in our Statement of Operations. No cost pertaining to the sale was recognized as the Company had fully reserved for impairment of the asset in prior periods.

**NOTE 10-SUBSEQUENT EVENTS**

The Company evaluated all events that occurred after the balance sheet date of March 31, 2025 through the date the financial statements were issued, July 9, 2025. The Company determined that it had the following reportable events.

● During
 the months of May and June 2025, the Company borrowed an additional $5,000 and $5,000 in funds from one of its note's payable holders. The holder's note payable amends the prior unsecured notes
 payable which bears interest at 0 %
 per annum and is due and payable on demand.

**ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE**

We have had no disagreements with accountants on accounting and financial disclosure.

**ITEM 9A. CONTROLS AND PROCEDURES**

*Evaluation of Disclosure Controls and Procedures*

The Company maintains disclosure controls and procedures that are designed to ensure that information required to be disclosed in the Company's Exchange Act reports is recorded, processed, summarized and reported within the time communicated to the Company's management, including its Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure based closely on the definition of "disclosure controls and procedures" in Rule 13a-15(e). The Company's disclosure controls and procedures are designed to provide a reasonable level of assurance of reaching the Company's desired disclosure control objectives. In designing periods specified in the SEC's rules and forms, and that such information is accumulated and evaluating the disclosure controls and procedures, management recognized that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives, and management necessarily was required to apply its judgment in evaluating the cost-benefit relationship of possible controls and procedures. The Company's certifying officer, its Principal Executive Officer, its Principal Financial Officer and Principal Accounting Officer, has concluded that the Company's disclosure controls and procedures are effective in reaching that level of assurance.

Our Principal Executive Officer and Principal Financial Officer evaluated the effectiveness of our disclosure controls and procedures (as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934, as amended) as of the end of the period covered by this Report. Based on the evaluation, he concluded that our disclosure controls and procedures are effective in timely alerting them to material information relating to us required to be included in our periodic SEC filings. The Company hired a financial expert with the experience necessary in creating and managing internal control systems as well as to continue to improve the effectiveness of our internal controls and financial disclosure controls.

*Limitations on the Effectiveness of Controls*

Management has confidence in its internal controls and procedures. The Company's management believes that a control system, no matter how well designed and operated can provide only reasonable assurance and cannot provide absolute assurance that the objectives of the internal control system are met, and no evaluation of internal controls can provide absolute assurance that all control issues and instances of fraud, if any, within a company have been detected. Further, the design of an internal control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitation in all internal control systems, no evaluation of controls can provide absolute assurance that all control issuers and instances of fraud, if any, within the Company have been detected.

*Management's Annual Report on Internal Control over Financial Reporting*

Our management is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Rule 13a-15(f) under the Securities Exchange Act of 1934, as amended). Management conducted an evaluation of the effectiveness of our internal control over financial reporting based on criteria established in the Internal Control - Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework), (the COSO criteria). Based on this evaluation, management has concluded that our internal control over financial reporting was effective as of March 31, 2025.

This annual report does not include an attestation report of our registered public accounting firm regarding internal control over financial reporting. As we are a non-accelerated filer, management's report is not subject to attestation by our registered public accounting firm.

This Report shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that section, and is not incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

*Changes in Internal Controls*

There were no changes in the Company's internal controls over financial reporting that occurred during the quarter ended March 31, 2025 that have materially affected, or is reasonably likely to materially affect, our internal controls over financial reporting.

Internal control systems, no matter how well designed and operated, have inherent limitations. Therefore, even a system which is determined to be effective cannot provide absolute assurance that all control issues have been detected or prevented. Our systems of internal controls are designed to provide reasonable assurance with respect to financial statement preparation and presentation.

**ITEM 9B. OTHER INFORMATION**

None.

**<u>PART III</u>**

**ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE**

***Directors and Executive Officers***

The following table and text set forth the names and ages of all our directors and executive officers and key management personnel as of July 14, 2025. Our directors serve until the next annual meeting of stockholders and until their successors are elected and qualified, or until their earlier death, retirement, resignation or removal. Executive officers serve at the discretion of the Board of Directors and are elected or appointed to serve until the next board of directors meeting which may follow the annual meeting of stockholders. Provided is a brief description of the business experience of each director and executive officer and key management personnel during the past five years and indication of directorships held by (if any) of each director in other companies subject to the reporting requirements under the Federal Securities Acts.

---

| | | |
|:---|:---|:---|
| **Name** | **Age** | **Position** |
| Robert L. Dolan | 41 | Chairman, CEO (Principal Executive Officer)<br> CFO (Principal Financial and Accounting Officer) |
| Wesley T. Fry | 64 | Member of the Board of Directors |

---

Robert L. Dolan, Chairman, CEO, CFO

Mr. Dolan is currently the Company's sole officer in the dual capacity of CEO, CFO and Chairman of the Company's board of directors. He has held these positions since March 27, 2017. He is responsible for all duties required of a corporate officer and the development of the business. From May 2005 through the 2024, Mr. Dolan served as a principal with a commercial organic farm located in Southern California, Fortuna Farms. He was instrumental in starting Fortuna Farms with an extensive background in indoor organic growing melding with traditional farming. Mr. Dolan regularly attends trade shows, subscribes to industry publications, and visits local farmers and growers to stay abreast of the newest technologies and the most advanced methods used in the industry. Farming is not a job for him, it's a part of his identity, inheritance, and legacy continuously growing his base of knowledge. Mr. Dolan holds an Associate Degree in Horticulture with an emphasis in hydroponic automation received from California State University, San Marcos. Mr. Dolan has earned a number of industry awards for his unique designs as well as local recognition for his concepts in hydroponic automation, use and sustainability.

Wesley T. Fry, Director

Mr. Fry joined the Company as a member of the board of directors on December 15, 2024. Mr. Fry through his wholly-owned corporation W270, SA, a Costa Rican corporation provides services as an information technology consultant for various businesses. Mr. Fry from 2008 through 2012 served as Network Operation Shift Manager and Lead for a leading DOD contractor at the North Island Naval Air Station, San Diego. Mr. Fry previously served as Network Administrator for a leading DOD contractor at the Naval Amphibious Base – Coronado, with which he served from 2006 through 2007. Mr. Fry previously served as Network Deployment Lead for a leading subcontractor that provided their services to such companies as Cisco Systems and Home Depot with which he served from 2001 through 2006. Mr. Fry has managed IT consulting operations ranging from start-ups to $500 million in annual sales. Mr. Fry was involved with some of the earliest innovators in VOIP (Voice over the Internet Protocol).

*Possible Potential Conflicts*

The OTC Market Group on which we plan to have our shares of common stock quoted does not currently have any director independence requirements. OTC stocks that do meet specific requirements are quoted in OTC Market Group's OTCQX and OTCQB marketplaces.

No member of management will be required by us to work on a full-time basis. Accordingly, certain conflicts of interest may arise between us and our officer(s) and director(s) in that they may have other business interests in the future to which they devote their attention, and they may be expected to continue to do so although management time must also be devoted to our business. As a result, conflicts of interest may arise that can be resolved only through their exercise of such judgment as is consistent with each officer's understanding of his/her fiduciary duties to us.

Currently we have two directors, and will seek to add additional officer(s) and/or director(s) as and when the proper personnel are identified and terms of employment are mutually negotiated and agreed, particularly when we have sufficient capital resources and cash flow to make such offers.

In an effort to resolve potential conflicts of interest, we previously entered into a written agreement with Mr. Dolan specifying that any business opportunities that he may become aware of independently or directly through his association with us (as opposed to disclosure to him of such business opportunities by management or consultants associated with other entities) would be presented by him solely to us.

We cannot provide assurance that our efforts to eliminate the potential impact of conflicts of interest will be effective.

*Term of Office*

Each director is elected by the Board and serves until his or her successor is elected and qualified, unless he or she resigns or is removed earlier. Each of our officers is elected by the Board to a term of one (1) year and serves until his or her successor is duly elected and qualified, or until he or she is earlier removed from office or resigns.

*Family Relationships*

There are no family relationships between or among any of our directors, executive officers and incoming directors or executive officers.

*Involvement in Certain Legal Proceedings*

No director, executive officer, significant employee or control person of the Company has been involved in any legal proceeding listed in Item 401(f) of Regulation S-K in the past 10 years.

*Committees of the Board of Directors*

The Company does not currently have any committees of the Board of Directors. Concurrent with having sufficient members and resources, the Board of Directors plans to establish an audit committee and a compensation committee. We believe that a minimum of five directors is needed to have effective committee system**s**. The audit committee will review the results and scope of annual audits and other services provided by independent auditors and will review and evaluate the system of internal controls. The compensation committee will manage any stock option plan we may establish and review and recommend compensation arrangements for officers. No final determination has yet been made as to the membership

*Nominations to the Board of Directors*

Our directors take a critical role in guiding our strategic direction and oversee the management of the Company. Board candidates are considered based upon various criteria, such as their broad-based business and professional skills and experiences, a global business and requirements of these committees or when we may have sufficient members to establish such committees. See "Executive Compensation" hereinafter.

All directors will be reimbursed by GPods for any expenses incurred in attending directors' meetings provided that GPods has the resources to pay these fees. GPods will consider applying for officers and directors' liability insurance at such time that it has the resources to do so.

*Code of Ethics*

We adopted a Code of Ethics (the "Code") that applies to directors, officers and employees, including our chief executive officer and chief financial officer. A written copy of the Code has been filed with the SEC and is available upon written request to the Company.

 

social perspective, concern for the long-term interests of the stockholders, diversity, and personal integrity and judgment.

In addition, directors must have time available to devote to Board activities and to enhance their knowledge in the growing business. Accordingly, we seek to attract and retain highly qualified directors who have sufficient time to attend to their substantial duties and responsibilities to the Company.

*Director Nominations*

As of March 31, 2025, we did not make any material changes to the procedures by which our shareholders may recommend nominees to our Board.

*Employment Arrangements*

None of our officers, directors, or employees are currently party to employment agreements with the Company. The Company has no pension, health, annuity, bonus, insurance profit sharing or similar benefit plans; however, the Company may adopt such plans in the future. There are no personal benefits available for directors, officers or employees of the Company.

*Involvement in Certain Legal Proceedings*

Except as described below, during the past ten years, no present director, executive officer or person nominated to become a director or an executive officer of the Company:

&nbsp;&nbsp;&nbsp;&nbsp;1. had
 a petition under the federal bankruptcy laws or any state insolvency law filed by or against, or a receiver, fiscal agent or similar
 officer appointed by a court for the business or property of such person, or any partnership in which he was a general partner at
 or within two years before the time of such filing, or any corporation or business association of which he was an executive officer
 at or within two years before the time of such filing;

2. was
 convicted in a criminal proceeding or subject to a pending criminal proceeding (excluding traffic violations and other minor offenses);

3. was
 subject to any order, judgment or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction,
 permanently or temporarily enjoining his from or otherwise limiting his involvement in any of the following activities:

i acting as a futures commission merchant, introducing broker, commodity trading advisor commodity pool operator, floor broker, leverage transaction merchant, any other person regulated by the Commodity Futures Trading Commission, or an associated person of any of the foregoing, or as an investment adviser, underwriter, broker or dealer in securities, or as an affiliated person, director or employee of any investment company, bank, savings and loan association or insurance company, or engaging in or continuing any conduct or practice in connection with such activity;

ii engaging in any type of business practice; or

iii engaging in any activity in connection with the purchase or sale of any security or commodity or in connection with any violation of federal or state securities laws or federal commodities laws; or

&nbsp;&nbsp;&nbsp;&nbsp;4. was
 the subject of any order, judgment or decree, not subsequently reversed, suspended or vacated, of a federal or state authority barring,
 suspending or otherwise limiting for more than 60 days the right of such person to engage in any activity described in paragraph
 (3) (i), above, or to be associated with persons engaged in any such activity; or

5. found
 by a court of competent jurisdiction (in a civil action), the Securities and Exchange Commission or the Commodity Futures Trading
 Commission to have violated a federal or state securities or commodities law, and for which the judgment has not been reversed, suspended
 or vacated.

**ITEM 11. EXECUTIVE COMPENSATION**

*General Philosophy*

Our Board is solely responsible for establishing and administering our executive and director compensation plans, if any.

*Executive Compensation*

The following table shows, for the twelve months ended March 31, 2025 and 2024, compensation awarded or paid to, or earned by, our Chief Executive Officer and Chief Financial Officer (the "Named Executive Officers").

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SUMMARY COMPENSATION TABLE** | **SUMMARY COMPENSATION TABLE** | **SUMMARY COMPENSATION TABLE** | **SUMMARY COMPENSATION TABLE** | **SUMMARY COMPENSATION TABLE** | **SUMMARY COMPENSATION TABLE** | **SUMMARY COMPENSATION TABLE** | **SUMMARY COMPENSATION TABLE** | **SUMMARY COMPENSATION TABLE** | **SUMMARY COMPENSATION TABLE** |
| **Name and**<br> **principal position (a)** | **Year (b)** | **Salary**<br> **($)**<br> **(c)** | **Bonus**<br> **($)**<br> **(d)** | **Stock**<br> **Awards**<br> **($)**<br> **(e)** | **Option**<br> **Awards**<br> **($)**<br> **(f)** | **Non-Equity**<br> **Incentive Plan**<br> **Compensation**<br> **($)**<br> **(g)** | **Nonqualified**<br> **Deferred**<br> **Compensation**<br> **Earnings**<br> **($)**<br> **(h)** | **All Other**<br> **Compensation**<br> **($)**<br> **(i)** | **Total ($) (j)** |
| Robert Dolan<br> CEO, CFO and Director <sup>(1) (2)</sup> | 2025 | 60000 |  |  |  |  |  |  | 60000 |
|  | 2024 | 60000 |  |  |  |  |  |  | 60000 |

---

The Company had an employment arrangement with Mr. Dolan for services which administratively terminated on February 28, 2019. We initially entered into this agreement on March 27, 2017. Mr. Dolan's compensation was not based on any percentage of profits or other financial calculations. Mr. Dolan as a board member makes decisions determining the amount and timing of payment for his compensation and, for the immediate future, Mr. Dolan has elected not to receive payment of compensation which permits us to meet our day-day financial obligations. Mr. Dolan's compensation was deferred until at such time that we receive sufficient financing or that we no longer are a going concern. During the twelve months ended March 31, 2025 the Company and Mr. Dolan came to an agreement to cancel certain outstanding obligations of the Company due and owing to Mr. Dolan. Pursuant to the agreement Mr. Dolan forgave $225,000 in past due compensation, tendered another $250,000 in past due compensation or accrued compensation for 2,500,000 shares of the Company's common stock and exchanged $50,000 in amounts due to Mr. Dolan for expenditures incurred by Mr. Dolan in exchange for 500,000 shares of the Company's common stock. As part of this agreement, the Company was able to leverage Mr. Dolan's forgiveness of certain debts, the exchange of equity for amounts due to Mr. Dolan to obtain forgiveness of certain debts from several vendors as well as the exchange of equity for amounts due to several vendors. This would have not occurred without the cooperation of Mr. Dolan.

&nbsp;&nbsp;&nbsp;&nbsp;(1) Mr.
 Dolan was previously employed by the Company under an employment agreement that provided
 for initially a $5,000/month salary increasing in the second (2<sup>nd</sup>) year to $5,500/month
 salary. The Company and Mr. Dolan mutually agreed to defer the payment of compensation until
 as such time the Company is able to with sufficient financing and/or it ceases to be a going
 concern. Mr. Dolan currently receives an accrued salary of $60,000 per year which is through
 a verbal agreement and understanding with the Company. While the previous (and now terminated)
 agreement called for annual increases, Mr. Dolan and the Board of Directors agreed to keep
 the compensation to $5,000/month until the Company achieves financing in excess of $750,000.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Mr.
 Dolan converted $250,000 in past due compensation in exchange for 2,500,000 shares of the
 Company's common stock at a price of $0.10 per share. This occurred on around March
 28, 2025. The Company has not issued the shares as of this date. Mr. Dolan additionally forgave
 $225,000 in past due compensation for no consideration, this occurred prior to or by December
 31, 2024. The Company currently has a small balance that is due to Mr. Dolan for past due
 compensation at March 31, 2025.

*Grants of Plan-Based Awards Table*

None of our named executive officers received any grants of stock, option awards or other plan-based awards during the year ended March 31, 2025. The Company had no activity with respect to any types of these awards.

*Options Exercised and Stock Vested Table*

None of our named executive officers exercised any stock options, and no restricted stock units, if any, held by our named executive officers vested during the year ended March 31, 2025. The Company had no activity with respect to any types of these awards.

*Outstanding Equity Awards at Fiscal Year-End Table*

None of our named executive officers had any outstanding stock or option awards as of March 31, 2025 that would be compensatory to the officer. The Company has not issued any awards to its named executive officers. The Company and its board of directors may grant awards as it sees fit to its employees as well as to key consultants (of which there are none).

*Potential Payments upon Termination or Change-in-Control*

SEC regulations state that we must disclose information regarding agreements, plans or arrangements that provide for payments or benefits to our executive officers in connection with any termination of employment or change in control of the company. We currently have no employment agreements with any of our executive officers, nor any compensatory plans or arrangements resulting from the resignation, retirement or any other termination of any of our executive officers, from a change-in-control, or from a change in any executive officer's responsibilities following a change-in-control. As a result, we have omitted this table.

*Compensation of Directors*

We have no standard arrangement to compensate directors for their services in their capacity as directors. Directors are not paid for meetings attended. However, we intend to review and consider future proposals regarding board compensation. All travel and lodging expenses associated with corporate matters are reimbursed by us, if and when incurred.

The following table sets forth compensation paid to our non-executive (and executive) directors for the fiscal year ended March 31, 2025.

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Fees Earned or Paid in Cash** | **Stock Awards** | **Option Awards** | **Non-Equity**<br> **Incentive Plan**<br> **Compensation** | **Nonqualified**<br> **Deferred**<br> **Compensation**<br> **Earnings** | **All Other**<br> **Compensation** | **Total** |
| Robert Dolan<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |
| Wesley Fry<sup>(2)</sup> | $- | $- | $- | $- | $- | $- | $- |

---

<sup>(1)</sup> Mr. Dolan provides his services as a director to the Company for no compensation or expense.

<sup>(2)</sup> Mr. Fry provides his services as a director to the Company for no compensation or expense.

*Pension Table*

None.

*Retirement Plans*

We do not offer any annuity, pension, or retirement benefits to be paid to any of our officers, directors, or employees in the event of retirement. There are also no compensatory plans or arrangements with respect to any individual named above which results or will result from the resignation, retirement, or any other termination of employment with our company, or from a change in the control of our Company.

*Compensation Committee*

We do not have a separate compensation committee. Instead, our Board reviews and approves executive compensation policies and practices, reviews salaries and bonuses for other officers, administers our stock option plans and other benefit plans, if any, and considers other matters that may be brought forth to it.

*Risk Management Considerations*

We believe that our compensation policies and practices for our employees, including our executive officers, do not create risks that are reasonably likely to have a material adverse effect on our Company.

**ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS**

*Long-Term Incentive Plans and Awards*

We do not have any long-term incentive plans that provide compensation intended to serve as incentive for performance. No individual grants or agreements regarding future payouts under non-stock price-based plans have been made to any executive officer or any director or any employee or consultant since our inception; accordingly, no future payouts under non-stock price-based plans or agreement s have been granted or entered into or exercised by our officer or director or employees or consultants since we were founded.

*Grants of Plan-Based Awards Table*

None of our named executive officers received any grants of stock, option awards or other plan-based awards during the fiscal period ended March 31, 2025. The Company has no activity with respect to any types of these awards.

*Options Exercised and Stock Vested Table*

None of our named executive officers exercised any stock options, and no restricted stock units if any, held by our named executive officers vested during the fiscal period ended March 31, 2025. The Company has no activity with respect to any types of these awards.

*Outstanding Equity Awards at Fiscal Year-End Table*

None of our named executive officers had any outstanding stock or option awards as of March 31, 2025. The Company has not issued any awards to its named executive officers. The Company and its board may grant awards as it sees fit to its employees as well as key consultants and other outside professionals.

**SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT**

As of July 14, 2025 we had 22,770,500 shares of common stock outstanding which are held by 30 shareholders of record. The chart below sets forth the ownership, or claimed ownership, of certain individuals and entities. This chart discloses those persons known by the Board of Directors to have, or claim to have, beneficial ownership of more than 5% of the outstanding shares of our common stock as of July 14, 2025; of all directors and executive officers of GPods, Inc.; and of our directors and officers as a group.

---

| | | | |
|:---|:---|:---|:---|
| **Title of Class** | **Name and Address**<br> **of Beneficial**<br> **Owner of Shares<sup>(1)</sup>**  | **Amount of**<br> **Beneficial**<br> **Ownership<sup>(2)</sup>** | **Percent**<br> **of Class** |
| Common | Robert Dolan (3) | 13000000 | 57.09% |
| Common | Wesley Fry (4) | 2250000 | 9.88% |
| Common | David Estus (5) | 1500000 | 6.59% |
|  | All Directors and Officers as a group (2 persons) | 15250000 | 66.97% |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) The
 address for purposes of this table is 1035 East Vista Way, Vista, California 92084.

(2) Unless
 otherwise indicated, we believe all persons named in the table have sole voting and investment power with respect to all shares of
 the common stock beneficially owned by them. A person is deemed to be the beneficial owner of securities which may be acquired by
 such person within 60 days from the date indicated above upon the exercise of options, warrants or convertible securities. Each beneficial
 owner's percentage ownership is determined by assuming that options, warrants or convertible securities that are held by such
 person (but not those held by any other person) and which are exercisable within 60 days of the date indicated above, have been exercised.

(3) Upon
 inception Mr. Dolan received 6,000,000 shares for services and 4,000,000 shares for selling certain intangible and tangible assets
 to the Company on April 20, 2017. Mr. Dolan received an additional 500,000 shares and 2,500,000 shares for the settlement of certain
 liabilities due and owing by the Company to Mr. Dolan. The shares were issued in March 2025 and the exchanges qualify as consideration
 for investment under the 2022 private placement offering memorandum.

(4) Pursuant
 to our direct public offering Mr. Fry received 250,000 shares for $2,500.00 in consideration.
 On March 28, 2025 Mr. Fry received 2,000,000 shares as settlement of certain liabilities
 due and owing by the Company to Mr. Fry. The exchange qualifies as consideration for investment
 under the 2022 private placement offering memorandum.

(5) On
 March 28, 2025 Mr. Estus received 1,500,000 shares as settlement for certain liabilities due and owing by the Company to Mr. Estus.
 The exchange qualifies as consideration for investment under the 2022 private placement offering memorandum.

*Securities Authorized for Issuance under Equity Compensation Plans*

None.

 

*Non-Cumulative Voting*

The holders of our shares of common stock do not have cumulative voting rights, which means that the holders of more than 50% of such outstanding shares, voting for the election of Directors, can elect all of the Directors to be elected, if they so choose. In such an event, the holders of the remaining shares will not be able to elect any of our directors.

 

*Introduction*

We were incorporated under the laws of the State of Nevada on March 27, 2017. GPods, Inc. is authorized to issue 90,000,000 shares of common stock and 10,000,000 shares of preferred stock.

*Preferred Stock*

Our Articles of Incorporation authorize the issuance of 10,000,000 shares of preferred stock with designations, rights and preferences determined from time to time by our board of directors. No shares of preferred stock have been designated, issued or are outstanding. Accordingly, our board of directors is empowered, without stockholder approval, to issue up to 10,000,000 shares of preferred stock with voting, liquidation, conversion, and other rights that could adversely affect the rights of the holders of the common stock. Although we have no present intention to issue any shares of preferred stock, there can be no assurance that we will not do so in the future.

Among other rights, our board of directors may determine, without further vote or action by our stockholders:

● The number of shares and the designation of the series;

● Whether to pay dividends on the series and, if so, the dividend rate, the dividend payment date, whether dividends will be cumulative and, if so, from which date or dates, and the relative rights of priority of payment of dividends on shares of the series;

● Whether the series will have voting rights in addition to the voting rights provided by law and, if so, the terms of the voting rights;

● Whether the series will be convertible into or exchangeable for shares of any other class or series of stock and, if so, the terms and conditions of conversion or exchange;

● Whether or not the shares of the series will be redeemable and, if so, the dates, terms and conditions of redemption and whether there will be a sinking fund for the redemption of that series and, if so, the terms and amount of the sinking fund; and

● The rights of the shares of series in the event of our voluntary or involuntary liquidation, dissolution or winding up and the relative rights or priority, if any, of payment of shares of the series.

We presently do not have plans to issue any shares of preferred stock. However, preferred stock could be used to dilute a potential hostile acquirer. Accordingly, any future issuance of preferred stock or any rights to purchase preferred shares may have the effect of making it more difficult for a third party to acquire control of us. This may delay, defer or prevent a change of control in our Company or an unsolicited acquisition proposal. The issuance of preferred stock also could decrease the amount of earnings attributable to, and assets available for distribution to, the holders of our common stock and could adversely affect the rights and powers, including voting rights, of the holders of our common stock.

*Common Stock*

Our Articles of Incorporation authorize the issuance of 90,000,000 shares of common stock. There were 22,770,500 shares of our common stock issued and outstanding as of March 31, 2025 held by thirty shareholders of record:

● Have equal ratable rights to dividends from funds legally available for payment of dividends when, as and if declared by the board of directors;

● Are entitled to share ratably in all of the assets available for distribution to holders of common stock upon liquidation, dissolution or winding up of our affairs;

● Do not have preemptive, subscription or conversion rights, or redemption or access to any sinking fund; and

● Are entitled to one non-cumulative vote per share on all matters submitted to stockholders for a vote at any meeting of stockholders.

*Authorized but Un-issued Capital Stock*

Nevada law does not require stockholder approval for any issuance of authorized shares. These shares may be used for a variety of corporate purposes, including future public offerings to raise additional capital or to facilitate corporate acquisitions.

One of the effects of un-issued and unreserved common stock (and/or preferred stock) may be to enable our board of directors to issue shares to persons friendly to current management, which issuance could render more difficult or discourage an attempt to obtain control of our board by means of a merger, tender offer, proxy contest or otherwise, and thereby protect the continuity of our management and possibly deprive stockholders of opportunities to sell their shares of our common stock at prices higher than prevailing market prices.

*Shareholder Matters*

As an issuer of "penny stock", the protection provided by the federal securities laws relating to forward looking statements does not apply to us; our shares will probably be considered penny stocks for the foreseeable future. Although the federal securities laws provide a safe harbor for forward-looking statements made by a public company that files a report under the federal securities laws, this safe harbor is not available to issuers of penny stocks. As a result, we will not have the benefit of this safe harbor protection in the event of any claim that the material provided by us, including this Report, contained a material misstatement of fact or was misleading in any material respect because of our failure to include any statements necessary to make the statements not misleading.

As a Nevada corporation, we are subject to the Nevada Revised Statutes ("NRS" or "Nevada law"). Certain provisions of Nevada law described below create rights that might be deemed material to our shareholders. Some provisions might delay or make more difficult acquisitions of our stock or changes in our control or might also have the effect of preventing changes in our management or might make it more difficult to accomplish transactions that some of our shareholders may believe to be in their best interests.

*Directors' Duties*. Section 78.138 of the Nevada law allows our directors and officers, in exercising their powers to further our interests, to consider the interests of our employees, suppliers, creditors and customers. They can also consider: (a) the economy of the state and the nation; (b) the interests of the community and of society; and (c) our long-term and short-term interests and that of our shareholders, including the possibility that these interests may be best served by our continued independence. Our directors may resist a change or potential change in control if they, by a majority vote of a quorum, determine that the change or potential change is opposed to or not in our best interest. Our board of directors may consider these interests or have reasonable grounds to believe that, within a reasonable time, any debt which might be created as a result of the change in control would cause our assets to be less than our liabilities, render us insolvent, or cause us to file for bankruptcy protection.

*Dissenters' Rights*. Among the rights granted under Nevada law which might be considered material is the right for shareholders to dissent from certain corporate actions and obtain payment for their shares (see NRS 92A.380-390). This right is subject to exceptions, summarized below, and arises in the event of mergers, plans of conversion, or plans of exchange. This right normally applies if shareholder approval of the corporate action is required either by Nevada law or by the terms of a company's articles of incorporation.

A shareholder does not have the right to dissent with respect to any plan of merger or exchange, if the shares held by the shareholder are part of a class of shares which are:

● Listed on a national securities exchange;

● Issued by an open-end management investment company registered with the SEC and which may be redeemed at the option of the shareholder at net asset value; or

● Traded in an organized market and has at least 2,000 holders and a market value of at least $20,000,000, exclusive of the value of shares held by the company's senior executives, directors, and beneficial stockholders owning more than 10% of such shares.

This exception notwithstanding, a shareholder will still have a right of dissent if it is provided for in the articles of incorporation, if the board of directors resolution approving the plan of merger or exchange provides otherwise, or if the shareholders are required under the plan of merger or exchange to accept anything but cash or owner's interests, or a combination of the two, in the surviving or acquiring entity, or in any other entity falling in any of the three categories described above in this paragraph.

*Inspection Rights*. Nevada law specifies that shareholders have the right to inspect company records (see NRS 78.105). This right extends to any person who has been a shareholder of record for at least six months immediately preceding his or her demand to inspect. It also extends to any person holding, or authorized in writing by the holders of, at least 5% of outstanding shares. Shareholders having this right are to be granted inspection rights upon five days' written notice. The records covered by this right include official copies of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 articles of incorporation and all amendments thereto;

ii. Bylaws
 and all amendments thereto; and

iii. A
 stock ledger or a duplicate stock ledger, revised annually, containing the names, alphabetically arranged, of all persons who are
 stockholders of the corporation, showing their places of residence, if known, and the number of shares held by them, respectively.

*Control Share Acquisitions*. Sections 78.378 to 78.3793 of Nevada law contain provisions that may prevent a person acquiring a controlling interest in a Nevada-registered company from exercising voting rights. To the extent that these rights support the voting power of minority shareholders, these rights may be deemed material. These provisions will be applicable to us as soon as we have 200 shareholders of record with at least 100 of these shareholders having addresses in Nevada as reflected on our stock ledger. While we do not yet have the required number of shareholders in Nevada or elsewhere, it is possible that at some future point we will reach these numbers and, accordingly, these provisions will become applicable. We do not intend to notify shareholders when we have reached the number of shareholders specified under these provisions of Nevada law. Shareholders can learn this information pursuant to the inspection rights described above and can see the approximate number of our shareholders by checking under Item 5 of our annual report on Form 10-K. This form is filed with the SEC within 90 days after the close of each fiscal year hereafter. You can view these and our other filings at www.sec.gov in the "EDGAR" database.

Under NRS Sections 78.378 to 78.3793, an acquiring person who acquires a controlling interest in a company may not obtain voting rights on any of these shares unless these voting rights are granted by a majority vote of our disinterested shareholders at a special shareholders' meeting held upon the request and at the expense of the acquiring person. If the acquiring person's shares are accorded full voting rights and the acquiring person acquires control shares with a majority or more of all the voting power, any shareholder, other than the acquiring person, who does not vote for authorizing voting rights for the control shares, is entitled to exercise dissenting rights and demand payment for the fair value of their shares, and we must comply with the demand. An "acquiring person" means any person who, individually or acting with others, acquires or offers to acquire, directly or indirectly, a controlling interest in our shares. "Controlling interest" means the ownership of our outstanding voting shares sufficient to enable the acquiring person, individually or acting with others, directly or indirectly, to exercise one-fifth or more but less than one-third, one-third or more but less than a majority, or a majority or more of all the voting power of the company in the election of our directors. Voting rights must be given by a majority of our disinterested shareholders as each threshold is reached or exceeded. "Control shares" means the company's outstanding voting shares that an acquiring person: (a) acquires or offers to acquire in an acquisition; and (b) acquires within 90 days immediately preceding the date when the acquiring person becomes an acquiring person.

These Nevada statutes do not apply if a company's articles of incorporation or bylaws in effect on the tenth day following the acquisition of a controlling interest by an acquiring person provide that these provisions do not apply to the company or to an acquisition of a controlling interest.

According to NRS 78.378, the provisions referred to above do not restrict our directors from taking action to protect the interests of our Company and its shareholders, including but not limited to, adopting or executing plans, arrangements or instruments that grant or deny rights, privileges, power or authority to a holder of a specified number of shares or percentage of share ownership or voting power. Likewise, these provisions do not prevent directors or shareholders from imposing stricter requirements in our Articles of Incorporation, bylaws, or a board resolution relating to the acquisition of a controlling interest in the Company.

Our Articles of Incorporation and bylaws do not exclude us from the restrictions imposed by NRS 78.378 to 78.3793, nor do they impose any more stringent requirements.

*Certain Business Combinations*. Sections 78.411 to 78.444 of the Nevada law may restrict our ability to engage in a wide variety of transactions with an "interested shareholder." As was discussed above in connection with NRS 78.378 to 78.3793, these provisions could be considered material to our shareholders, particularly to minority shareholders. They might also have the effect of delaying or making more difficult acquisitions of our stock or changes in our control. These sections of NRS are applicable to any Nevada company with 200 or more stockholders of record and that has a class of securities registered under Section 12 of the 1934 Securities Exchange Act, unless the company's articles of incorporation provide otherwise.

These provisions of Nevada law prohibit us from engaging in any "combination" with an interested stockholder for two years after the date the interested stockholder acquired the shares that cause him/her to become an interested shareholder, unless the combination meets all the requirements of our Articles of Incorporation; and the combination was either approved (1) by our board of directors before the person became an interested shareholder; or (2) by the board of directors and disinterested shareholders representing at least 60% of the Company's voting power. The term "combination" is described in NRS 78.416 and includes, among other things, mergers, sales or purchases of assets, and issuances or reclassifications of securities. If the combination did not have prior approval, the interested shareholder may proceed after the two-year period only if the shareholder receives approval from a majority of our disinterested shareholders or the combination meets the requirements for adequate consideration that are specified in NRS 78.441-42. For the above provisions, "resident domestic-corporation" means a Nevada corporation that has 200 or more shareholders of record. An "interested stockholder" is defined in NRS 78.423 as someone who is either:

● The beneficial owner, directly or indirectly, of 10% or more of the voting power of our outstanding voting shares; or

● Our affiliate or associate and who within two years immediately before the date in question, was the beneficial owner, directly or indirectly, of 10% or more of the voting power of our outstanding shares at that time.

*Transfer Agent*

Our transfer agent is Securities Transfer Corporation, 2901 Dallas Parkway, Suite 380, Plano, TX 75093. Its telephone number is 469-633-0101.

**ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE.**

*The following information summarizes transactions we have either engaged in for the past two fiscal years or propose to engage in, involving our executive officers, directors, more than 5% stockholders, or immediate family members of these persons. These transactions were negotiated between related parties and may be determined to have been without "arm's length" bargaining and, as a result, the terms of these transactions may be different than transactions negotiated between unrelated parties or persons.*

Other than as set forth below, we were not a party to any transactions or series of similar transactions that have occurred during fiscal 2025 in which:

● The amounts involved exceeds the lesser of $120,000 or one percent of the average of our total assets at year-end for the last two completed fiscal years ($1,000); and

● A director, executive officer, holder of more than 5% of our common stock or any member of their immediate family had or will have a direct or indirect material interest.

For both our office and mailing address it is 1035 East Vista Way, Vista, California 92084. This space is currently used by us and other businesses that Mr. Dolan operates. There is no written lease agreement and we operate under a month-month verbal agreement to use this facility with Mr. Dolan.

We recorded compensation expense of $60,000 to Mr. Dolan for the year ending March 31, 2025. The Company and Mr. Dolan during the twelve-month period ended March 31, 2025 agreed to cancel or forgive approximately $225,000 of accrued compensation due and owing to Mr. Dolan. This was necessary as the Company did not currently have the financial capabilities to pay Mr. Dolan for this compensation and it was requirement for Mr. Dolan to forgive a portion of his compensation in order to receive concessions from several of its vendors that had sizeable accounts payable balances. It was agreed in principal by Mr. Dolan, the Company and the vendors that Mr. Dolan may forgive additional compensation or convert that accrued compensation into equity of the Company at the then prevailing prices. No written agreement was entered into with regards to the remaining accrued compensation at the time. During the year ending March 31, 2025, we entered into several settlement agreements with certain holders of debt with the Company. Two of those transactions occurred with CEO and founder Mr. Dolan. Mr. Dolan and the Board of Directors agreed that Mr. Dolan would exchange $50,000 of his related party notes payable balance for 500,000 shares of its common stock equity with a par value of $0.001 per share under the terms of the 2022 private placement memorandum offering which is currently set at $0.10 per share. Mr. Dolan and the Company executed this transaction in early March 2025. In addition, Mr. Dolan and the Board of Directors agreed that Mr. Dolan would exchange $250,000 of his accrued compensation payable balance for 2,500,000 shares of its common stock equity with a par value of $0.001 per share under the terms of the 2022 private placement memorandum offering for $0.10 per share. During March 2025 we issued 3 million shares of our common stock to Mr. Dolan for approximately $300,000 in value. The Company and Mr. Dolan prior to December 31, 2024 agreed to cancel or forgive approximately $225,000 of accrued compensation due and owing to Mr. Dolan at the time. This was operationally necessary as the Company did not have the financial capabilities to pay Mr. Dolan for this compensation and it was a necessary requirement for Mr. Dolan to forgive a portion of his past due compensation in order to receive concessions from several of its vendors who also had sizeable accounts payable balances. Mr. Dolan received no consideration for the cancellation of this indebtedness.

We recorded software development expense – related party of $57,200 to W270, SA which is 100% owned by a member of the Board of Directors, Mr. Fry, for the year ending March 31, 2025. We borrowed approximately $8,500 from Mr. Fry to pay for working capital costs for the year ending March 31, 2025. As part of the Mr. Dolan's negotiated accrued compensation forgiveness described above, the Company was able to secure vendor accounts payable forgiveness or a reduction with W270, SA of $150,000. During the year ending March 31, 2025, we entered into a settlement agreement with Mr. Fry and W270, SA a vendor of the Company. This transaction occurred with Mr. Fry, the related party. Mr. Fry and the Board of Directors agreed that related party would exchange $200,000 of related party accounts payable balance for 2,000,000 shares of its common stock equity with a par of $0.001 per share under the terms of the 2022 private placement memorandum offering. Mr. Fry executed this transaction in late March 2025. We issued another 2 million shares of our common stock to Mr. Fry for approximately $200,000 in value prior to March 31, 2025. Mr. Fry received no consideration for the cancellation of this indebtedness.

We recorded Design and technical expense – related party of $52,200 to DLE Consulting which is 100% owned by Mr. Estus, for the year ending March 31, 2025. As part of the Mr. Dolan's negotiated accrued compensation forgiveness described above, the Company was able to secure vendor accounts payable forgiveness or a reduction with DLE Consulting of $121,800. In accordance with GAAP, we are required to reclassify what was initially a gain on settlement of debt forgiveness to an increase in additional paid in capital balance. Additionally, during the year ending March 31, 2025, DLE Consulting and the Company entered into an agreement to purchase the Proto-Pod Capitalized Costs for a pre-determined price of $100,000. The Proto-Pod Capitalized Costs had been fully reserved for impairment in prior years, therefore any amount received would be considered 100% gain from the sale of the asset in the period received. This transaction closed in September 2024 with a satisfaction of accounts payable due and owing to DLE Consulting in the amount of $100,000. During the year ending March 31, 2025, we entered into a settlement agreement with Mr. Estus and DLE Consulting a vendor of the Company. This transaction occurred with Mr. Estus, the related party. Mr. Estus and the Board of Directors agreed that related party would exchange $150,000 of related party accounts payable balance for 1,500,000 shares of its common stock equity with a par of $0.001 per share under the terms of the 2022 private placement memorandum offering. Mr. Estus executed this transaction in late March 2025. We issued 1.5 million shares of our common stock to Mr. Estus for approximately $150,000 in value prior to March 31, 2025. Mr. Estus received no consideration for the cancellation of this indebtedness.

Other related party disclosure within our footnotes to the financial statements are not required here in this section due to the party's ownership percentages not equaling or exceeding the 5% ownership requirement, at the end of the year or during the year in question.

*Review, Approval or Ratification of Transactions with Related Persons*

Although we adopted a Code of Ethics, we still rely on our Board to review related party transactions on an ongoing basis to prevent conflicts of interest. Our Board reviews a transaction in light of the affiliations of the director, officer or employee and the affiliations of such person's immediate family. Transactions are presented to our Board for approval before they are entered into or, if this is not possible, for ratification after the transaction has occurred. If our Board finds that a conflict of interest exists, then it will determine the appropriate remedial action, if any. Our Board approves or ratifies a transaction if it determines that the transaction is consistent with the best interests of the Company.

*Director Independence*

For purposes of determining director independence, we have applied the definitions set out in NASDAQ Rule 5605(a)(2). The OTCQB market as maintained by OTCMarkets Group, Inc. does not have director independence requirements. The NASDAQ definition of "Independent Officer" means a person other than an Executive Officer or employee of the Company or any other individual having a relationship which, in the opinion of the Company's Board, would interfere with the exercise of independent judgment in carrying out the responsibilities of a director. According to the NASDAQ definition, Mr. Dolan is not an independent director because Mr. Dolan currently serves as an officer of the Company.

**ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES**

The following table presents the fees for professional audit services rendered by Michael Gillespie & Associates, PLLC, a professional limited liability company ("MGA") for the audit of the Company's annual financial statements for the fiscal years ended March 31, 2025 and March 31, 2024 and fees billed for other services rendered by MGA during those periods. All services reflected in the following fee table were pre**-**approved, respectively, in accordance with the policy of the Board.

---

| | | |
|:---|:---|:---|
|  | **March 31, 2025** | **March 31, 2024** |
| Audit fees <sup>(1)</sup> | $8250 | $29250 |
| Audit-related fees |  |  |
| Tax fees |  |  |
| All other fees | - | - |
| Total Fees | $8250 | $29250 |

---

Notes:

<sup>(1)</sup> Audit fees consist of audit and review services, consent and review of documents filed with the SEC. For fiscal years ended March 31, 2025 and March 31, 2024, respectively.

In its capacity, the Board pre-approves all audit (including audit-related) and permitted non-audit services to be performed by the independent auditors. The Board will annually approve the scope and fee estimates for the year-end audit to be performed by the Company's independent auditors for the fiscal year. With respect to other permitted services, the Board pre-approves specific engagements, projects and categories of services on a fiscal year basis, subject to individual project and annual maximums.

**<u>PART IV</u>**

**ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES**

The following documents are filed as part of this Annual Report on Form 10-K

&nbsp;&nbsp;&nbsp;&nbsp;(a) Financial
 Statements

---

| | |
|:---|:---|
|  | **Page** |
| [Report of Independent Registered Public Accounting Firm](#fin_001) | F-1 |
| [Financial Statements for the years ended March 31, 2025 and March 31, 2024 Balance Sheets](#fin_002) | F-2 |
| [Statements of Operations](#fin_003) | F-3 |
| [Statement of Stockholders' Equity (Deficit)](#fin_004) | F-4 |
| [Statements of Cash Flows](#fin_005) | F-5 |
| [Notes to the Financial Statements](#fin_006) | F-6 |

---

&nbsp;&nbsp;&nbsp;&nbsp;(b) Exhibits

---

| | |
|:---|:---|
| **No.** | **Description** |
| 3.1 | [Articles of Incorporation \*](https://www.sec.gov/Archives/edgar/data/1748232/000107878218000772/fs1_ex3z1.htm) |
| 3.2 | [By-Laws \*](https://www.sec.gov/Archives/edgar/data/1748232/000107878218000772/fs1_ex3z2.htm) |
| 10.1#\*\* | [Agreement and Mutual Release – Robert Dolan dated March 14, 2025](ex10-1.htm) |
| 10.2#\*\* | [Agreement and Mutual Release – Robert Dolan dated March 14, 2025](ex10-2.htm) |
| 10.3#\*\* | [Agreement and Mutual Release - W270, S.A. dated March 27, 2025](ex10-3.htm) |
| 10.4#\*\* | [Agreement and Mutual Release – DLE Consulting dated March 27, 2025](ex10-4.htm) |
| 14.1 | [Code of Ethics \*](https://www.sec.gov/Archives/edgar/data/1748232/000107878218000772/fs1_ex14z1.htm) |
| 31.1#\*\* | [Certification of Chief Executive Officer](ex31-1.htm) |
| 31.2#\*\* | [Certification of Chief Financial Officer](ex31-2.htm) |
| 32.1#\*\* | [Certifications of Chief Executive Officer](ex32-1.htm) |
| 32.2#\*\* | [Certifications of Chief Financial Officer](ex32-2.htm) |
| 101.INS | Inline XBRL Instance Document¥ |
| 101.SCH | Inline XBRL Taxonomy Extension Schema¥ |
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase¥ |
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase¥ |
| 101.LAB | Inline XBRL Taxonomy Extension Labels Linkbase¥ |
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase¥ |
| 104 | Cover Page Interactive Data File (Embedded within the Inline XBRL document) |

---

\* - Previously filed with our Form S-1 registration statement submitted to the Commission on August 2, 2018.

# Filed herewith.

\*\* Furnished herewith.

¥ The XBRL related information in Exhibit 101 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liability of that section and shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing or document.

**<u>SIGNATURES</u>**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **GPODS, INC.** | **GPODS, INC.** |
|  | (Registrant) | (Registrant) |
| Date: July 14, 2025 |  |  |
|  | By: | */s/ Robert Dolan* |
|  |  | Robert Dolan |
|  |  | President, CEO, Principal Executive Officer, |
|  |  | Treasurer, Chairman, CFO (Principal Financial |
|  |  | Officer and Principal Accounting Officer) |

---

Pursuant to the requirements of the Securities Exchange Act of 1934, this Report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | | |
|:---|:---|:---|
| **Signatures** | **Title(s)** | **Date** |
| */s/ Robert Dolan* | Director and President, CEO, Principal Executive Officer, | July 14, 2025 |
| Robert Dolan | Treasurer, Chairman, CFO (Principal Financial<br> Officer and Principal Accounting Officer) |  |
| */s/ Wesley Fry* | Director | July 14, 2025 |
| Wesley Fry |  |  |

---

## Exhibit 10.1

**Exhibit 10.1**

**AGREEMENT AND MUTUAL RELEASE**

This Agreement and Mutual Release (the "<u>Agreement</u>") is entered into as of March 14, 2025 (the "<u>Effective Date</u>") by and between Robert Dolan, an individual (referred to herein as "<u>Creditor</u>") and GPods, Inc. (the "Company" or the "<u>Debtor</u>") with reference to the following facts:

**RECITALS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. **WHEREAS**, Creditor provided certain monies or services to Company prior to the Effective Date, for which there is a remaining balance due, including all accrued and unpaid interest and/or penalties, if any, in the amount of $50,000.00, ("<u>Amount Due</u>")<sup>1</sup>; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. **WHEREAS**, Creditor and Debtor agree that the Amount Due represents all monies, services and/or any other form of consideration owed to Creditor by Company as of the Effective Date; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. **WHEREAS,** Debtor desires to (i) make payment on services invoiced and provided for by the Creditor through the period ending March 14, 2025, expenses incurred on behalf of the Company in the amount of $-0- paid by the Creditor, and (ii) Creditor wishes to receive payment on services invoiced and provided in the amount of $50,000.00, expenses paid for on behalf of Company in the amount of $-0-; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. **WHEREAS,** Debtor recognizes and acknowledges that Creditor has fully discussed possible repayment terms and settlement of the amounts due.

**NOW THEREFORE,** in consideration of the mutual promises and agreements set forth herein, and other good valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Representations and Warranties</u>. Creditor represents and warrants to the Debtor (and Company) that all references contained in this Agreement to "Creditor" includes them either individually or jointly and that: (i) Creditor, as of the Effective Date, has not previously assigned or transferred in any manner, or purported to have assigned or transferred in any manner, any Claim (as defined below) or right set forth in this Agreement or arising out of the Amount Due, (ii) the Amount Due represents all monies, services or any other form of consideration owed to Creditor by Company as of the Effective date, (iii) Creditor understands that by signing this Agreement, Creditor is accepting the issuance of common stock of the Debtor (the "Equity Payment") of $50,000.00 as payment in full of the Amount Due and that as such the Debtor becomes current on the monies owed to Creditor as of the Effective Date, (iv) upon Creditor's receipt of the Equity Payment of $50,000.00, Creditor shall have received full compensation from the Debtor of the Amount Due and Creditor shall have no further claims against Debtor for monies owed, or otherwise as of the Effective Date (unless agreed to by and between the Creditor and the Debtor), (v) Creditor is an "accredited investor" (or a corporation or entity not formed for the purpose of investing in Debtor) as such term is defined in Rule 501(a) of Regulation D promulgated under the Securities Act of 1933, as amended; and (vi) Creditor confirms that Debtor has provided Creditor with reasonable opportunity to ask questions of and receive sufficient relevant information from Debtor concerning Debtor and the activities of Debtor, or to otherwise secure additional information, to the extent that Debtor possesses such information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Debtor Covenants</u>. In consideration of the mutual covenants and agreements set forth in this Agreement, Debtor agrees that upon receipt by the Debtor of an executed duplicate of this Agreement and any instrument of indebtedness or note (if any) evidencing the Amount Due (i) Debtor shall issue to Creditor (or Creditor's designee) within twenty-five (25) business days following the Effective Date certificates in the amount of <u>500,000</u> shares of common stock of the Company, which share certificates shall have an original issuance date of <u>March 14,</u> 2025, (ii) said share certificates shall be eligible for legend removal on the earlier of <u>March 14,</u> 2026 or a date permitted under revised Rule 144 with the Securities and Exchange Commission, and (ii) Debtor shall issue to Creditor within 15 calendar days following the Effective Date a cash payment(s) in an amount equal to <u>$5.</u>00.

---

| |
|:---|
| 1 |
| _***<u>wf</u>*__ _*<u>rd</u>***_<br>Creditor / Debtor |

---

Debtor further agrees that the restrictive legends on the share certificates referenced in foregoing paragraph 2(i), shall be eligible for legend removal on any date on or after <u>March 14</u>, 2026 upon receipt by the Company of all of the following documents: (a) a valid legal opinion instructing that such legend(s) be removed, (b) a brokers representation letter, (c) a complete Form 144, exhibits included.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Mutual Release</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>By Creditor</u>: In consideration of the mutual covenants and agreements set forth herein, and except with respect to obligations arising under this Agreement, Creditor, on their own behalf and on behalf of their current or former successors-in-interest, assigns, transferees, affiliates, representatives, partners, shareholders, officers, directors, employees and agents (collectively "<u>Creditor Affiliated Parties</u>"), hereby fully and forever release, remise and discharge Debtor and the Company and its current or former successors-in-interest, assigns, transferees, affiliates, representatives, partners, shareholders, officers, directors, employees, agents, principals, predecessors, alter egos, parents, subsidiaries, affiliates, attorneys, insurers and successors (collectively called "<u>Debtor Affiliated Parties</u>" herein), and each of them of and from any and all liabilities, claims, demands, actions, causes of action, rights, obligations, compensation, expenses, contracts, agreements and debts, whether or not direct or indirect, contingent, accrued, inchoate, liquidated or unliquidated, foreseen, or unforeseen, matured or unmatured, or known or unknown which the Creditor and their Creditor Affiliated Parties has or may have against the Company and its Company Affiliated Parties from the beginning of time up to the Effective Date of this Agreement, including, but not limited to, any and all claims, demands, grievances, causes of action or suit of any kind arising out of, related to, or in any way connected with, the dealings between the parties to date, including any claims related to any employment or consulting relationship and/or its termination (collectively called "<u>Claims</u>" herein). Creditor acknowledges and agrees that this release of all of Creditor's Claims includes, but is not limited to, the release and waiver of any and all legal or administrative claims arising under any express or implied contract, law (federal, state or administrative), rule, regulation, or ordinance, including, but not limited to, Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, the California Fair Employment and Housing Act, and any other law or regulation relating to employment or employment discrimination.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>By Debtor</u>: In consideration of the mutual covenants and agreements set forth herein, and except with respect to obligations arising under this Agreement, Debtor, on their own behalf and on behalf of their current or former successors-in-interest, assigns, transferees, affiliates, representatives, partners, shareholders, officers, directors, employees and agents (collectively "<u>Debtor Affiliated Parties</u>"), hereby fully and forever release, remise and discharge Creditor and its current or former successors-in-interest, assigns, transferees, affiliates, representatives, partners, shareholders, officers, directors, employees, agents, principals, predecessors, alter egos, parents, subsidiaries, affiliates, attorneys, insurers and successors (collectively called "<u>Creditor Affiliated Parties</u>" herein), and each of them of and from any and all liabilities, claims, demands, actions, causes of action, rights, obligations, compensation, expenses, contracts, agreements and debts, whether or not direct or indirect, contingent, accrued, inchoate, liquidated or unliquidated, foreseen, or unforeseen, matured or unmatured, or known or unknown which the Debtor and their Debtor Affiliated Parties has or may have against the Creditor and its Creditor Affiliated Parties from the beginning of time up to the Effective Date of this Agreement, including, but not limited to, any and all claims, demands, grievances, causes of action or suit of any kind arising out of, related to, or in any way connected with, the dealings between the parties to date, including any claims related to any employment or consulting relationship and/or its termination (collectively called "<u>Claims</u>" herein). Debtor acknowledges and agrees that this release of all of Debtor's Claims includes, but is not limited to, the release and waiver of any and all legal or administrative claims arising under any express or implied contract, law (federal, state or administrative), rule, regulation, or ordinance, including, but not limited to, Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, the California Fair Employment and Housing Act, and any other law or regulation relating to employment or employment discrimination.]

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Creditor to Terminate All Pending Proceedings</u>. Creditor agrees that if they have initiated or instituted any legal or administrative proceeding(s) or action(s) against the Debtor or Debtor Affiliated Parties, then Creditor shall immediately follow the execution of this Agreement withdraw, dismiss or terminate with prejudice any such proceedings or actions.

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| |
|:---|
| 2 |
| _***<u>wf</u>*__ _*<u>rd</u>***_<br>Creditor / Debtor |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Advice of Counsel</u>. By executing this Agreement Creditor acknowledges that they have read this Agreement and have had an opportunity to receive independent legal advice with respect to executing this Agreement and that Creditor on their own behalf and on the behalf of their Creditor Affiliated Parties hereby agree that all rights under Section 1542 of the Civil Code of the State of California are hereby waived by them and their Affiliated Parties. Section 1542 provides as follows:

"A general release does not extend to claims which the Creditor does not know of or suspect to exist in their favor at the time of executing the release, which if known by them must have materially affected their settlement with the Debtor or the Company."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Non-Admission</u>. None of the parties admits, and each of the parties expressly deny, having any liability of any kind to any other and that Creditor was an employee of the Company. Creditor lent monies to the Company (during the period March, through March, 2025).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>Confidentiality</u>. Creditor acknowledges and agrees that they have a continuing obligation to keep confidential and not to disclose information known or learned as a consequence of their affiliation or relationship with the Company, including facts relating to the business operations, trade secrets, formulations, procedures, materials, finances, SEC and other regulatory matters or compliance, customers, clients, suppliers, and marketing or sales strategies, methods, and tactics.

Each of the parties acknowledge and agree that the fact, terms, conditions and amounts of the settlement encompassed by this Agreement shall be strictly confidential, and shall not be publicly disclosed, discussed or described by any party to any person or entity, whether public or private except as may be required by law, or to a court, or to a taxing authority, or in a private consultation that any party may have with his/her/its tax advisor or attorney.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>Non-Disparagement</u>. Each of the parties' covenants and agrees that on and after the Effective Date of this Agreement, none of them will criticize or ridicule or make any statement which disparages or is derogatory of any party to this Agreement unless authorized or privileged by law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Cooperation by Creditor</u>. Creditor agrees that they will cooperate with the Company in any legal or administrative proceeding with which Company is involved that relates to events of which Creditor may have knowledge as a result of Creditor's affiliation with Company, and Company agrees that in such circumstance, Creditor shall be reasonably compensated for such cooperation. Further, Creditor agrees that (i) they shall not communicate or cooperate with any adverse litigant opposing Company unless compelled to do so by subpoena or valid court order or other process of law, and (ii) they will notify the Company of any attempt by an adverse litigant to communicate with Creditor. The parties agree that Company, upon receipt of written notification that Creditor becomes subject to a court order or served with a subpoena, notification if any court order or subpoena is served on Creditor in any such event Creditor shall at its sole and exclusive expense, take all steps reasonably necessary to have the order vacated or the subpoena quashed by the court or administrative agency.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Attorneys' Fees and Costs</u>. In the event that any legal proceeding is instituted in connection with any controversy arising out of the interpretation or enforcement of this Agreement, including without limitation the enforcement of any rights hereunder, the prevailing party (as defined by the courts of California) shall be entitled to recover, in addition to court costs and all reasonable costs and expenses relating to such proceeding, such sums as the court may decide are reasonable including, without limitation, those related or relating to any and all appeals incurred in interpreting or enforcing the terms of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Choice of Law; Venue</u>. This Agreement has been made in, and shall be governed by and construed and enforced in accordance with the laws of the State of California and the federal law of the United States without reference to principles of conflicts of law. The parties agree that, in the event of any dispute arising out of this Agreement or the transactions contemplated thereby, venue for such dispute shall be in the state or federal courts located in San Diego, California, and that each party hereto waives any objection to such venue based on forum non conveniens.

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|:---|
| 3 |
| _***<u>wf</u>*__ _*<u>rd</u>***_<br>Creditor / Debtor |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. <u>Waiver</u>. None of the parties shall, by mere lapse of time, without giving further written notice, be deemed to have waived any breach of this Agreement by any other party. Further, the waiver by any party of a particular breach of this Agreement shall not be construed or deemed as a continuing waiver of such breach. To the maximum extent permitted by law, no claim or right arising out of the Agreement can be discharged by any party, in whole or in part, by a waiver or renunciation of the claim or right unless done in writing and signed by all of the other parties hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. <u>Severability</u>. The parties agree that if any one or more of the provisions of this Agreement should ever be declared or determined by any court of competent jurisdiction to be illegal or invalid, the validity of the remaining parts, terms or provisions shall not be affected thereby, and said illegal or invalid part, term or provision shall be automatically conformed to the law, if possible, or if not possible, be deemed to be stricken from this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14. <u>Counterparts/Facsimile Signatures</u>. This Agreement may be executed in one or more counterparts, each of which when so signed shall be deemed to be an original, and such counterparts together shall constitute one and the same instrument. In lieu of the original, a facsimile transmission or copy of the original shall be as effective and enforceable as the original.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15. <u>Entire Agreement</u>. The parties understand and agree that this instrument constitutes, and shall be deemed to constitute, the entire agreement between the parties concerning the subject matter and contents of this Agreement, and that this instrument supersedes all prior negotiations, proposed agreement, or understandings, if any, between the parties concerning any of the provisions of this Agreement. No amendment to this Agreement shall be effective unless it is in writing and signed by a duly authorized representative of each of the parties to this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16. <u>Fair Meaning</u>. The parties understand and agree that the wording of this Agreement shall be construed as a whole according to its fair meaning, and not strictly for or against any of the parties, including the party that drafted this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17. <u>Captions</u>. The paragraph headings contained in this Agreement are for reference purposes only and shall not in any way affect the meaning or interpretation of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18. <u>Signatures Authorized</u>. Each of the parties represents and warrants that the person whose signature is shown below on behalf of that party has acted for, on behalf of, and with the express authorization of that party, and that each of the parties is legally bound thereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19. <u>Terms Contractual</u>. The parties understand and agree that the terms of this Agreement are contractual, not a mere recital or recitals.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20. <u>Conditions Precedence</u>. This Agreement is not considered effective, nor binding until the conditions set forth in this document are completed by the Creditor and the Debtor, specifically instructions by Creditor to Debtor and Debtor must complete actions required in sections 2(i).

*---------------------Remainder of this page left blank intentionally--------------------------* 

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|:---|
| 4 |
| _***<u>wf</u>*__ _*<u>rd</u>***_<br>Creditor / Debtor |

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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first written above.

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| | |
|:---|:---|
| **DEBTOR:** | **CREDITOR(S):** |
| GPods, Inc. | Robert Dolan, Individually |
| a Nevada Corporation |  |
| By: ***illegible*** | By: ***illegible*** |
| Wesley Fry, Director | Robert Dolan, an individual |

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|:---|
| 5 |
| _***<u>wf</u>*__ _*<u>rd</u>***_<br>Creditor / Debtor |

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EXHIBIT 1 – CREDITOR STATEMENT OF OUTSTANDING INVOICES

![](ex10-1_001.jpg)

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|:---|
| 6 |
| _***<u>wf</u>*__ _*<u>rd</u>***_<br>Creditor / Debtor |

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## Exhibit 10.2

**Exhibit 10.2**

**AGREEMENT AND MUTUAL RELEASE**

This Agreement and Mutual Release (the "<u>Agreement</u>") is entered into as of March 14, 2025 (the "<u>Effective Date</u>") by and between Robert Dolan, an individual (referred to herein as "<u>Creditor</u>") and GPods, Inc. (the "Company" or the "<u>Debtor</u>") with reference to the following facts:

**RECITALS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. **WHEREAS**, Creditor provided certain monies or services to Company prior to the Effective Date, for which there is a remaining balance due, including all accrued and unpaid interest and/or penalties, if any, in the amount of $250,000.00, ("<u>Amount Due</u>")<sup>1</sup>; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. **WHEREAS**, Creditor and Debtor agree that the Amount Due represents all monies, services and/or any other form of consideration owed to Creditor by Company as of the Effective Date; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. **WHEREAS,** Debtor desires to (i) make payment on services invoiced and provided for by the Creditor through the period ending March 14, 2025, expenses incurred on behalf of the Company in the amount of $-0- paid by the Creditor, and (ii) Creditor wishes to receive payment on services invoiced and provided in the amount of $250,000.00, expenses paid for on behalf of Company in the amount of $-0-; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. **WHEREAS,** Debtor recognizes and acknowledges that Creditor has fully discussed possible repayment terms and settlement of the amounts due.

**NOW THEREFORE,** in consideration of the mutual promises and agreements set forth herein, and other good valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Representations and Warranties</u>. Creditor represents and warrants to the Debtor (and Company) that all references contained in this Agreement to "Creditor" includes them either individually or jointly and that: (i) Creditor, as of the Effective Date, has not previously assigned or transferred in any manner, or purported to have assigned or transferred in any manner, any Claim (as defined below) or right set forth in this Agreement or arising out of the Amount Due, (ii) the Amount Due represents all monies, services or any other form of consideration owed to Creditor by Company as of the Effective date, (iii) Creditor understands that by signing this Agreement, Creditor is accepting the issuance of common stock of the Debtor (the "Equity Payment") of $250,000.00 as payment in full of the Amount Due and that as such the Debtor becomes current on the monies owed to Creditor as of the Effective Date, (iv) upon Creditor's receipt of the Equity Payment of $250,000.00, Creditor shall have received full compensation from the Debtor of the Amount Due and Creditor shall have no further claims against Debtor for monies owed, or otherwise as of the Effective Date (unless agreed to by and between the Creditor and the Debtor), (v) Creditor is an "accredited investor" (or a corporation or entity not formed for the purpose of investing in Debtor) as such term is defined in Rule 501(a) of Regulation D promulgated under the Securities Act of 1933, as amended; and (vi) Creditor confirms that Debtor has provided Creditor with reasonable opportunity to ask questions of and receive sufficient relevant information from Debtor concerning Debtor and the activities of Debtor, or to otherwise secure additional information, to the extent that Debtor possesses such information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Debtor Covenants</u>. In consideration of the mutual covenants and agreements set forth in this Agreement, Debtor agrees that upon receipt by the Debtor of an executed duplicate of this Agreement and any instrument of indebtedness or note (if any) evidencing the Amount Due (i) Debtor shall issue to Creditor (or Creditor's designee) within twenty-five (25) business days following the Effective Date certificates in the amount of <u>2,500,000</u> shares of common stock of the Company, which share certificates shall have an original issuance date of <u>March 14,</u> 2025, (ii) said share certificates shall be eligible for legend removal on the earlier of <u>March 14,</u> 2026 or a date permitted under revised Rule 144 with the Securities and Exchange Commission, and (ii) Debtor shall issue to Creditor within 15 calendar days following the Effective Date a cash payment(s) in an amount equal to <u>$5.</u>00.

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|:---|
| 1 |
| _***<u>wf</u>*__ _*<u>rd</u>***_<br>Creditor / Debtor |

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Debtor further agrees that the restrictive legends on the share certificates referenced in foregoing paragraph 2(i), shall be eligible for legend removal on any date on or after <u>March 14</u>, 2026 upon receipt by the Company of all of the following documents: (a) a valid legal opinion instructing that such legend(s) be removed, (b) a brokers representation letter, (c) a complete Form 144, exhibits included.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Mutual Release</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>By Creditor</u>: In consideration of the mutual covenants and agreements set forth herein, and except with respect to obligations arising under this Agreement, Creditor, on their own behalf and on behalf of their current or former successors-in-interest, assigns, transferees, affiliates, representatives, partners, shareholders, officers, directors, employees and agents (collectively "<u>Creditor Affiliated Parties</u>"), hereby fully and forever release, remise and discharge Debtor and the Company and its current or former successors-in-interest, assigns, transferees, affiliates, representatives, partners, shareholders, officers, directors, employees, agents, principals, predecessors, alter egos, parents, subsidiaries, affiliates, attorneys, insurers and successors (collectively called "<u>Debtor Affiliated Parties</u>" herein), and each of them of and from any and all liabilities, claims, demands, actions, causes of action, rights, obligations, compensation, expenses, contracts, agreements and debts, whether or not direct or indirect, contingent, accrued, inchoate, liquidated or unliquidated, foreseen, or unforeseen, matured or unmatured, or known or unknown which the Creditor and their Creditor Affiliated Parties has or may have against the Company and its Company Affiliated Parties from the beginning of time up to the Effective Date of this Agreement, including, but not limited to, any and all claims, demands, grievances, causes of action or suit of any kind arising out of, related to, or in any way connected with, the dealings between the parties to date, including any claims related to any employment or consulting relationship and/or its termination (collectively called "<u>Claims</u>" herein). Creditor acknowledges and agrees that this release of all of Creditor's Claims includes, but is not limited to, the release and waiver of any and all legal or administrative claims arising under any express or implied contract, law (federal, state or administrative), rule, regulation, or ordinance, including, but not limited to, Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, the California Fair Employment and Housing Act, and any other law or regulation relating to employment or employment discrimination.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>By Debtor</u>: In consideration of the mutual covenants and agreements set forth herein, and except with respect to obligations arising under this Agreement, Debtor, on their own behalf and on behalf of their current or former successors-in-interest, assigns, transferees, affiliates, representatives, partners, shareholders, officers, directors, employees and agents (collectively "<u>Debtor Affiliated Parties</u>"), hereby fully and forever release, remise and discharge Creditor and its current or former successors-in-interest, assigns, transferees, affiliates, representatives, partners, shareholders, officers, directors, employees, agents, principals, predecessors, alter egos, parents, subsidiaries, affiliates, attorneys, insurers and successors (collectively called "<u>Creditor Affiliated Parties</u>" herein), and each of them of and from any and all liabilities, claims, demands, actions, causes of action, rights, obligations, compensation, expenses, contracts, agreements and debts, whether or not direct or indirect, contingent, accrued, inchoate, liquidated or unliquidated, foreseen, or unforeseen, matured or unmatured, or known or unknown which the Debtor and their Debtor Affiliated Parties has or may have against the Creditor and its Creditor Affiliated Parties from the beginning of time up to the Effective Date of this Agreement, including, but not limited to, any and all claims, demands, grievances, causes of action or suit of any kind arising out of, related to, or in any way connected with, the dealings between the parties to date, including any claims related to any employment or consulting relationship and/or its termination (collectively called "<u>Claims</u>" herein). Debtor acknowledges and agrees that this release of all of Debtor's Claims includes, but is not limited to, the release and waiver of any and all legal or administrative claims arising under any express or implied contract, law (federal, state or administrative), rule, regulation, or ordinance, including, but not limited to, Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, the California Fair Employment and Housing Act, and any other law or regulation relating to employment or employment discrimination.]

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Creditor to Terminate All Pending Proceedings</u>. Creditor agrees that if they have initiated or instituted any legal or administrative proceeding(s) or action(s) against the Debtor or Debtor Affiliated Parties, then Creditor shall immediately follow the execution of this Agreement withdraw, dismiss or terminate with prejudice any such proceedings or actions.

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|:---|
| 2 |
| _***<u>wf</u>*__ _*<u>rd</u>***_<br>Creditor / Debtor |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Advice of Counsel</u>. By executing this Agreement Creditor acknowledges that they have read this Agreement and have had an opportunity to receive independent legal advice with respect to executing this Agreement and that Creditor on their own behalf and on the behalf of their Creditor Affiliated Parties hereby agree that all rights under Section 1542 of the Civil Code of the State of California are hereby waived by them and their Affiliated Parties. Section 1542 provides as follows:

"A general release does not extend to claims which the Creditor does not know of or suspect to exist in their favor at the time of executing the release, which if known by them must have materially affected their settlement with the Debtor or the Company."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Non-Admission</u>. None of the parties admits, and each of the parties expressly deny, having any liability of any kind to any other and that Creditor was an employee of the Company. Creditor lent monies to the Company (during the period March, through March, 2025).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>Confidentiality</u>. Creditor acknowledges and agrees that they have a continuing obligation to keep confidential and not to disclose information known or learned as a consequence of their affiliation or relationship with the Company, including facts relating to the business operations, trade secrets, formulations, procedures, materials, finances, SEC and other regulatory matters or compliance, customers, clients, suppliers, and marketing or sales strategies, methods, and tactics.

Each of the parties acknowledge and agree that the fact, terms, conditions and amounts of the settlement encompassed by this Agreement shall be strictly confidential, and shall not be publicly disclosed, discussed or described by any party to any person or entity, whether public or private except as may be required by law, or to a court, or to a taxing authority, or in a private consultation that any party may have with his/her/its tax advisor or attorney.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>Non-Disparagement</u>. Each of the parties' covenants and agrees that on and after the Effective Date of this Agreement, none of them will criticize or ridicule or make any statement which disparages or is derogatory of any party to this Agreement unless authorized or privileged by law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Cooperation by Creditor</u>. Creditor agrees that they will cooperate with the Company in any legal or administrative proceeding with which Company is involved that relates to events of which Creditor may have knowledge as a result of Creditor's affiliation with Company, and Company agrees that in such circumstance, Creditor shall be reasonably compensated for such cooperation. Further, Creditor agrees that (i) they shall not communicate or cooperate with any adverse litigant opposing Company unless compelled to do so by subpoena or valid court order or other process of law, and (ii) they will notify the Company of any attempt by an adverse litigant to communicate with Creditor. The parties agree that Company, upon receipt of written notification that Creditor becomes subject to a court order or served with a subpoena, notification if any court order or subpoena is served on Creditor in any such event Creditor shall at its sole and exclusive expense, take all steps reasonably necessary to have the order vacated or the subpoena quashed by the court or administrative agency.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Attorneys' Fees and Costs</u>. In the event that any legal proceeding is instituted in connection with any controversy arising out of the interpretation or enforcement of this Agreement, including without limitation the enforcement of any rights hereunder, the prevailing party (as defined by the courts of California) shall be entitled to recover, in addition to court costs and all reasonable costs and expenses relating to such proceeding, such sums as the court may decide are reasonable including, without limitation, those related or relating to any and all appeals incurred in interpreting or enforcing the terms of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Choice of Law; Venue</u>. This Agreement has been made in, and shall be governed by and construed and enforced in accordance with the laws of the State of California and the federal law of the United States without reference to principles of conflicts of law. The parties agree that, in the event of any dispute arising out of this Agreement or the transactions contemplated thereby, venue for such dispute shall be in the state or federal courts located in San Diego, California, and that each party hereto waives any objection to such venue based on forum non conveniens.

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| |
|:---|
| 3 |
| _***<u>wf</u>*__ _*<u>rd</u>***_<br>Creditor / Debtor |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. <u>Waiver</u>. None of the parties shall, by mere lapse of time, without giving further written notice, be deemed to have waived any breach of this Agreement by any other party. Further, the waiver by any party of a particular breach of this Agreement shall not be construed or deemed as a continuing waiver of such breach. To the maximum extent permitted by law, no claim or right arising out of the Agreement can be discharged by any party, in whole or in part, by a waiver or renunciation of the claim or right unless done in writing and signed by all of the other parties hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. <u>Severability</u>. The parties agree that if any one or more of the provisions of this Agreement should ever be declared or determined by any court of competent jurisdiction to be illegal or invalid, the validity of the remaining parts, terms or provisions shall not be affected thereby, and said illegal or invalid part, term or provision shall be automatically conformed to the law, if possible, or if not possible, be deemed to be stricken from this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14. <u>Counterparts/Facsimile Signatures</u>. This Agreement may be executed in one or more counterparts, each of which when so signed shall be deemed to be an original, and such counterparts together shall constitute one and the same instrument. In lieu of the original, a facsimile transmission or copy of the original shall be as effective and enforceable as the original.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15. <u>Entire Agreement</u>. The parties understand and agree that this instrument constitutes, and shall be deemed to constitute, the entire agreement between the parties concerning the subject matter and contents of this Agreement, and that this instrument supersedes all prior negotiations, proposed agreement, or understandings, if any, between the parties concerning any of the provisions of this Agreement. No amendment to this Agreement shall be effective unless it is in writing and signed by a duly authorized representative of each of the parties to this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16. <u>Fair Meaning</u>. The parties understand and agree that the wording of this Agreement shall be construed as a whole according to its fair meaning, and not strictly for or against any of the parties, including the party that drafted this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17. <u>Captions</u>. The paragraph headings contained in this Agreement are for reference purposes only and shall not in any way affect the meaning or interpretation of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18. <u>Signatures Authorized</u>. Each of the parties represents and warrants that the person whose signature is shown below on behalf of that party has acted for, on behalf of, and with the express authorization of that party, and that each of the parties is legally bound thereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19. <u>Terms Contractual</u>. The parties understand and agree that the terms of this Agreement are contractual, not a mere recital or recitals.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20. <u>Conditions Precedence</u>. This Agreement is not considered effective, nor binding until the conditions set forth in this document are completed by the Creditor and the Debtor, specifically instructions by Creditor to Debtor and Debtor must complete actions required in sections 2(i).

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| |
|:---|
| 4 |
| _***<u>wf</u>*__ _*<u>rd</u>***_<br>Creditor / Debtor |

---

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first written above.

---

| | |
|:---|:---|
| **DEBTOR:** | **CREDITOR(S):** |
| GPods, Inc. | Robert Dolan, Individually |
| a Nevada Corporation |  |
| By: ***illegible*** | By: ***illegible*** |
| Wesley Fry, Director | Robert Dolan, an individual |

---

---

| |
|:---|
| 5 |
| _***<u>wf</u>*__ _*<u>rd</u>***_<br>Creditor / Debtor |

---

EXHIBIT 1 – CREDITOR STATEMENT OF OUTSTANDING INVOICES

![](ex10-2_001.jpg)

---

| |
|:---|
| 6 |
| _***<u>wf</u>*__ _*<u>rd</u>***_<br>Creditor / Debtor |

---

## Exhibit 10.3

**Exhibit 10.3**

**AGREEMENT AND MUTUAL RELEASE**

This Agreement and Mutual Release (the "<u>Agreement</u>") is entered into as of March 27, 2025 (the "<u>Effective Date</u>") by and between Wesley Fry, an individual and W270, S.A, a Costa Rica domiciled corporation (collectively referred to herein as "<u>Creditor</u>") and GPods, Inc. (the "Company" or the "<u>Debtor</u>") with reference to the following facts:

**RECITALS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. **WHEREAS**, Creditor provided certain monies or services to Company prior to the Effective Date, for which there is a remaining balance due, including all accrued and unpaid interest and/or penalties, if any, in the amount of $200,000.00, ("<u>Amount Due</u>")<sup>1</sup>; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. **WHEREAS**, Creditor and Debtor agree that the Amount Due represents all monies, services and/or any other form of consideration owed to Creditor by Company as of the Effective Date; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. **WHEREAS,** Debtor desires to (i) make payment on services invoiced and provided for by the Creditor through the period ending March 27, 2025, expenses incurred on behalf of the Company in the amount of $-0- as well as any legal fees of $-0- paid by the Creditor, and (ii) Creditor wishes to receive payment on services invoiced and provided in the amount of $200,000.00, expenses paid for on behalf of Company in the amount of $-0-, and legal fees incurred of $-0- (which Creditor will pay if due); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. **WHEREAS,** Debtor recognizes and acknowledges that Creditor has fully discussed possible repayment terms and settlement of the amounts due.

**NOW THEREFORE,** in consideration of the mutual promises and agreements set forth herein, and other good valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Representations and Warranties</u>. Creditor represents and warrants to the Debtor (and Company) that all references contained in this Agreement to "Creditor" includes them either individually or jointly and that: (i) Creditor, as of the Effective Date, has not previously assigned or transferred in any manner, or purported to have assigned or transferred in any manner, any Claim (as defined below) or right set forth in this Agreement or arising out of the Amount Due, (ii) the Amount Due represents all monies, services or any other form of consideration owed to Creditor by Company as of the Effective date, (iii) Creditor understands that by signing this Agreement, Creditor is accepting the issuance of common stock of the Debtor (the "Equity Payment") of $200,000.00 as payment in full of the Amount Due and that as such the Debtor becomes current on the monies owed to Creditor as of the Effective Date, (iv) upon Creditor's receipt of the Equity Payment of $200,000.00, Creditor shall have received full compensation from the Debtor of the Amount Due and Creditor shall have no further claims against Debtor for monies owed, services rendered or otherwise as of the Effective Date (unless agreed to by and between the Creditor and the Debtor), (v) Creditor is an "accredited investor" (or a corporation or entity not formed for the purpose of investing in Debtor) as such term is defined in Rule 501(a) of Regulation D promulgated under the Securities Act of 1933, as amended; and (vi) Creditor confirms that Debtor has provided Creditor with reasonable opportunity to ask questions of and receive sufficient relevant information from Debtor concerning Debtor and the activities of Debtor, or to otherwise secure additional information, to the extent that Debtor possesses such information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Debtor Covenants</u>. In consideration of the mutual covenants and agreements set forth in this Agreement, Debtor agrees that upon receipt by the Debtor of an executed duplicate of this Agreement and any instrument of indebtedness or note (if any) evidencing the Amount Due (i) Debtor shall issue to Creditor (or Creditor's designee) within twenty-five (25) business days following the Effective Date certificates in the amount of <u>2,000,000</u> shares of common stock of the Company, which share certificates shall have an original issuance date of <u>March 27,</u> 2025, (ii) said share certificates shall be eligible for legend removal on the earlier of <u>March 27,</u> 2026 or a date permitted under revised Rule 144 with the Securities and Exchange Commission, and (ii) Debtor shall issue to Creditor within 15 calendar days following the Effective Date a cash payment(s) in an amount equal to <u>$5.</u>00.

---

| |
|:---|
| 1 |
| _***<u>rd</u>*__ _*<u>wf</u>***_<br>Creditor / Debtor |

---

Debtor further agrees that the restrictive legends on the share certificates referenced in foregoing paragraph 2(i), shall be eligible for legend removal on any date on or after <u>March 27</u>, 2026 upon receipt by the Company of all of the following documents: (a) a valid legal opinion instructing that such legend(s) be removed, (b) a brokers representation letter, (c) a complete Form 144, exhibits included.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Mutual Release</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>By Creditor</u>: In consideration of the mutual covenants and agreements set forth herein, and except with respect to obligations arising under this Agreement, Creditor, on their own behalf and on behalf of their current or former successors-in-interest, assigns, transferees, affiliates, representatives, partners, shareholders, officers, directors, employees and agents (collectively "<u>Creditor Affiliated Parties</u>"), hereby fully and forever release, remise and discharge Debtor and the Company and its current or former successors-in-interest, assigns, transferees, affiliates, representatives, partners, shareholders, officers, directors, employees, agents, principals, predecessors, alter egos, parents, subsidiaries, affiliates, attorneys, insurers and successors (collectively called "<u>Debtor Affiliated Parties</u>" herein), and each of them of and from any and all liabilities, claims, demands, actions, causes of action, rights, obligations, compensation, expenses, contracts, agreements and debts, whether or not direct or indirect, contingent, accrued, inchoate, liquidated or unliquidated, foreseen, or unforeseen, matured or unmatured, or known or unknown which the Creditor and their Creditor Affiliated Parties has or may have against the Company and its Company Affiliated Parties from the beginning of time up to the Effective Date of this Agreement, including, but not limited to, any and all claims, demands, grievances, causes of action or suit of any kind arising out of, related to, or in any way connected with, the dealings between the parties to date, including any claims related to any employment or consulting relationship and/or its termination (collectively called "<u>Claims</u>" herein). Creditor acknowledges and agrees that this release of all of Creditor's Claims includes, but is not limited to, the release and waiver of any and all legal or administrative claims arising under any express or implied contract, law (federal, state or administrative), rule, regulation, or ordinance, including, but not limited to, Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, the California Fair Employment and Housing Act, and any other law or regulation relating to employment or employment discrimination.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>By Debtor</u>: In consideration of the mutual covenants and agreements set forth herein, and except with respect to obligations arising under this Agreement, Debtor, on their own behalf and on behalf of their current or former successors-in-interest, assigns, transferees, affiliates, representatives, partners, shareholders, officers, directors, employees and agents (collectively "<u>Debtor Affiliated Parties</u>"), hereby fully and forever release, remise and discharge Creditor and its current or former successors-in-interest, assigns, transferees, affiliates, representatives, partners, shareholders, officers, directors, employees, agents, principals, predecessors, alter egos, parents, subsidiaries, affiliates, attorneys, insurers and successors (collectively called "<u>Creditor Affiliated Parties</u>" herein), and each of them of and from any and all liabilities, claims, demands, actions, causes of action, rights, obligations, compensation, expenses, contracts, agreements and debts, whether or not direct or indirect, contingent, accrued, inchoate, liquidated or unliquidated, foreseen, or unforeseen, matured or unmatured, or known or unknown which the Debtor and their Debtor Affiliated Parties has or may have against the Creditor and its Creditor Affiliated Parties from the beginning of time up to the Effective Date of this Agreement, including, but not limited to, any and all claims, demands, grievances, causes of action or suit of any kind arising out of, related to, or in any way connected with, the dealings between the parties to date, including any claims related to any employment or consulting relationship and/or its termination (collectively called "<u>Claims</u>" herein). Debtor acknowledges and agrees that this release of all of Debtor's Claims includes, but is not limited to, the release and waiver of any and all legal or administrative claims arising under any express or implied contract, law (federal, state or administrative), rule, regulation, or ordinance, including, but not limited to, Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, the California Fair Employment and Housing Act, and any other law or regulation relating to employment or employment discrimination.]

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Creditor to Terminate All Pending Proceedings</u>. Creditor agrees that if they have initiated or instituted any legal or administrative proceeding(s) or action(s) against the Debtor or Debtor Affiliated Parties, then Creditor shall immediately follow the execution of this Agreement withdraw, dismiss or terminate with prejudice any such proceedings or actions.

---

| |
|:---|
| 2 |
| _***<u>rd</u>*__ _*<u>wf</u>***_<br>Creditor / Debtor |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Advice of Counsel</u>. By executing this Agreement Creditor acknowledges that they have read this Agreement and have had an opportunity to receive independent legal advice with respect to executing this Agreement and that Creditor on their own behalf and on the behalf of their Creditor Affiliated Parties hereby agree that all rights under Section 1542 of the Civil Code of the State of California are hereby waived by them and their Affiliated Parties. Section 1542 provides as follows:

"A general release does not extend to claims which the Creditor does not know of or suspect to exist in their favor at the time of executing the release, which if known by them must have materially affected their settlement with the Debtor or the Company."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Non-Admission</u>. None of the parties admits, and each of the parties expressly deny, having any liability of any kind to any other party and further deny that Creditor was ever an employee of the Company. Creditor provided professional services to the Company (during the period March, through March, 2025) as a consultant in their technical profession. Nothing contained in this Agreement shall be construed or deemed as any admission of any liability or as confirmation or agreement that an employee relationship as that is defined by the California Department of Industrial Relations ever existed between Company and Creditor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>Confidentiality</u>. Creditor acknowledges and agrees that they have a continuing obligation to keep confidential and not to disclose information known or learned as a consequence of their affiliation or relationship with the Company, including facts relating to the business operations, trade secrets, formulations, procedures, materials, finances, SEC and other regulatory matters or compliance, customers, clients, suppliers, and marketing or sales strategies, methods, and tactics.

Each of the parties acknowledge and agree that the fact, terms, conditions and amounts of the settlement encompassed by this Agreement shall be strictly confidential, and shall not be publicly disclosed, discussed or described by any party to any person or entity, whether public or private except as may be required by law, or to a court, or to a taxing authority, or in a private consultation that any party may have with his/her/its tax advisor or attorney.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>Non-Disparagement</u>. Each of the parties' covenants and agrees that on and after the Effective Date of this Agreement, none of them will criticize or ridicule or make any statement which disparages or is derogatory of any party to this Agreement unless authorized or privileged by law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Cooperation by Creditor</u>. Creditor agrees that they will cooperate with the Company in any legal or administrative proceeding with which Company is involved that relates to events of which Creditor may have knowledge as a result of Creditor's affiliation with Company, and Company agrees that in such circumstance, Creditor shall be reasonably compensated for such cooperation. Further, Creditor agrees that (i) they shall not communicate or cooperate with any adverse litigant opposing Company unless compelled to do so by subpoena or valid court order or other process of law, and (ii) they will notify the Company of any attempt by an adverse litigant to communicate with Creditor. The parties agree that Company, upon receipt of written notification that Creditor becomes subject to a court order or served with a subpoena, notification if any court order or subpoena is served on Creditor in any such event Creditor shall at its sole and exclusive expense, take all steps reasonably necessary to have the order vacated or the subpoena quashed by the court or administrative agency.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Attorneys' Fees and Costs</u>. In the event that any legal proceeding is instituted in connection with any controversy arising out of the interpretation or enforcement of this Agreement, including without limitation the enforcement of any rights hereunder, the prevailing party (as defined by the courts of California) shall be entitled to recover, in addition to court costs and all reasonable costs and expenses relating to such proceeding, such sums as the court may decide are reasonable including, without limitation, those related or relating to any and all appeals incurred in interpreting or enforcing the terms of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Choice of Law; Venue</u>. This Agreement has been made in, and shall be governed by and construed and enforced in accordance with the laws of the State of California and the federal law of the United States without reference to principles of conflicts of law. The parties agree that, in the event of any dispute arising out of this Agreement or the transactions contemplated thereby, venue for such dispute shall be in the state or federal courts located in San Diego, California, and that each party hereto waives any objection to such venue based on forum non conveniens.

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| |
|:---|
| 3 |
| _***<u>rd</u>*__ _*<u>wf</u>***_<br>Creditor / Debtor |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. <u>Waiver</u>. None of the parties shall, by mere lapse of time, without giving further written notice, be deemed to have waived any breach of this Agreement by any other party. Further, the waiver by any party of a particular breach of this Agreement shall not be construed or deemed as a continuing waiver of such breach. To the maximum extent permitted by law, no claim or right arising out of the Agreement can be discharged by any party, in whole or in part, by a waiver or renunciation of the claim or right unless done in writing and signed by all of the other parties hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. <u>Severability</u>. The parties agree that if any one or more of the provisions of this Agreement should ever be declared or determined by any court of competent jurisdiction to be illegal or invalid, the validity of the remaining parts, terms or provisions shall not be affected thereby, and said illegal or invalid part, term or provision shall be automatically conformed to the law, if possible, or if not possible, be deemed to be stricken from this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14. <u>Counterparts/Facsimile Signatures</u>. This Agreement may be executed in one or more counterparts, each of which when so signed shall be deemed to be an original, and such counterparts together shall constitute one and the same instrument. In lieu of the original, a facsimile transmission or copy of the original shall be as effective and enforceable as the original.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15. <u>Entire Agreement</u>. The parties understand and agree that this instrument constitutes, and shall be deemed to constitute, the entire agreement between the parties concerning the subject matter and contents of this Agreement, and that this instrument supersedes all prior negotiations, proposed agreement, or understandings, if any, between the parties concerning any of the provisions of this Agreement. No amendment to this Agreement shall be effective unless it is in writing and signed by a duly authorized representative of each of the parties to this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16. <u>Fair Meaning</u>. The parties understand and agree that the wording of this Agreement shall be construed as a whole according to its fair meaning, and not strictly for or against any of the parties, including the party that drafted this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17. <u>Captions</u>. The paragraph headings contained in this Agreement are for reference purposes only and shall not in any way affect the meaning or interpretation of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18. <u>Signatures Authorized</u>. Each of the parties represents and warrants that the person whose signature is shown below on behalf of that party has acted for, on behalf of, and with the express authorization of that party, and that each of the parties is legally bound thereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19. <u>Terms Contractual</u>. The parties understand and agree that the terms of this Agreement are contractual, not a mere recital or recitals.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20. <u>Conditions Precedence</u>. This Agreement is not considered effective, nor binding until the conditions set forth in this document are completed by the Creditor and the Debtor, specifically instructions by Creditor to Debtor and Debtor must complete actions required in sections 2(i).

*---------------------Remainder of this page left blank intentionally--------------------------* 

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| |
|:---|
| 4 |
| _***<u>rd</u>*__ _*<u>wf</u>***_<br>Creditor / Debtor |

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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first written above.

---

| | |
|:---|:---|
| **DEBTOR:** | **CREDITOR(S):** |
| GPods, Inc. | W270, S.A. |
| a Nevada Corporation | a Costa Rica Corporation |
| By: ***illegible*** | By: ***illegible*** |
| Robert Dolan, President & CEO | Wesley Fry, Managing Partner |
|  | Wesley Fry, Individually |
|  | By: ***illegible*** |
|  | Wesley Fry, an individual |

---

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| |
|:---|
| 5 |
| _***<u>rd</u>*__ _*<u>wf</u>***_<br>Creditor / Debtor |

---

EXHIBIT 1 – CREDITOR STATEMENT OF OUTSTANDING INVOICES

![](ex10-3_001.jpg)

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| |
|:---|
| 6 |
| _***<u>rd</u>*__ _*<u>wf</u>***_<br>Creditor / Debtor |

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## Exhibit 10.4

**Exhibit 10.4**

**AGREEMENT AND MUTUAL RELEASE**

This Agreement and Mutual Release (the "<u>Agreement</u>") is entered into as of March 27, 2025 (the "<u>Effective Date</u>") by and between David Estus, an individual and DLE CONSULTING, a California unincorporated business entity (collectively referred to herein as "<u>Creditor</u>") and GPods, Inc. (the "Company" or the "<u>Debtor</u>") with reference to the following facts:

**RECITALS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. **WHEREAS**, Creditor provided certain monies or services to Company prior to the Effective Date, for which there is a remaining balance due, including all accrued and unpaid interest and/or penalties, if any, in the amount of $150,000.00, ("<u>Amount Due</u>")<sup>1</sup>; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. **WHEREAS**, Creditor and Debtor agree that the Amount Due represents all monies, services and/or any other form of consideration owed to Creditor by Company as of the Effective Date; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. **WHEREAS,** Debtor desires to (i) make payment on services invoiced and provided for by the Creditor through the period ending March 27, 2025, expenses incurred on behalf of the Company in the amount of $-0- as well as any legal fees of $-0- paid by the Creditor, and (ii) Creditor wishes to receive payment on services invoiced and provided in the amount of $150,000.00, expenses paid for on behalf of Company in the amount of $-0-, and legal fees incurred of $-0- (which Creditor will pay if due); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. **WHEREAS,** Debtor recognizes and acknowledges that Creditor has fully discussed possible repayment terms and settlement of the amounts due.

**NOW THEREFORE,** in consideration of the mutual promises and agreements set forth herein, and other good valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Representations and Warranties</u>. Creditor represents and warrants to the Debtor (and Company) that all references contained in this Agreement to "Creditor" includes them either individually or jointly and that: (i) Creditor, as of the Effective Date, has not previously assigned or transferred in any manner, or purported to have assigned or transferred in any manner, any Claim (as defined below) or right set forth in this Agreement or arising out of the Amount Due, (ii) the Amount Due represents all monies, services or any other form of consideration owed to Creditor by Company as of the Effective date, (iii) Creditor understands that by signing this Agreement, Creditor is accepting the issuance of common stock of the Debtor (the "Equity Payment") of $150,000.00 as payment in full of the Amount Due and that as such the Debtor becomes current on the monies owed to Creditor as of the Effective Date, (iv) upon Creditor's receipt of the Equity Payment of $150,000.00, Creditor shall have received full compensation from the Debtor of the Amount Due and Creditor shall have no further claims against Debtor for monies owed, services rendered or otherwise as of the Effective Date (unless agreed to by and between the Creditor and the Debtor), (v) Creditor is an "accredited investor" (or a corporation or entity not formed for the purpose of investing in Debtor) as such term is defined in Rule 501(a) of Regulation D promulgated under the Securities Act of 1933, as amended; and (vi) Creditor confirms that Debtor has provided Creditor with reasonable opportunity to ask questions of and receive sufficient relevant information from Debtor concerning Debtor and the activities of Debtor, or to otherwise secure additional information, to the extent that Debtor possesses such information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Debtor Covenants</u>. In consideration of the mutual covenants and agreements set forth in this Agreement, Debtor agrees that upon receipt by the Debtor of an executed duplicate of this Agreement and any instrument of indebtedness or note (if any) evidencing the Amount Due (i) Debtor shall issue to Creditor (or Creditor's designee) within twenty-five (25) business days following the Effective Date certificates in the amount of <u>1,500,000</u> shares of common stock of the Company, which share certificates shall have an original issuance date of <u>March 27,</u> 2025, (ii) said share certificates shall be eligible for legend removal on the earlier of <u>March 27,</u> 2026 or a date permitted under revised Rule 144 with the Securities and Exchange Commission, and (ii) Debtor shall issue to Creditor within 15 calendar days following the Effective Date a cash payment(s) in an amount equal to <u>$5.</u>00.

---

| |
|:---|
| 1 |
| _***<u>rd</u>*__ _*<u>de</u>***_<br>Creditor / Debtor |

---

Debtor further agrees that the restrictive legends on the share certificates referenced in foregoing paragraph 2(i), shall be eligible for legend removal on any date on or after <u>March 27</u>, 2026 upon receipt by the Company of all of the following documents: (a) a valid legal opinion instructing that such legend(s) be removed, (b) a brokers representation letter, (c) a complete Form 144, exhibits included.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Mutual Release</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>By Creditor</u>: In consideration of the mutual covenants and agreements set forth herein, and except with respect to obligations arising under this Agreement, Creditor, on their own behalf and on behalf of their current or former successors-in-interest, assigns, transferees, affiliates, representatives, partners, shareholders, officers, directors, employees and agents (collectively "<u>Creditor Affiliated Parties</u>"), hereby fully and forever release, remise and discharge Debtor and the Company and its current or former successors-in-interest, assigns, transferees, affiliates, representatives, partners, shareholders, officers, directors, employees, agents, principals, predecessors, alter egos, parents, subsidiaries, affiliates, attorneys, insurers and successors (collectively called "<u>Debtor Affiliated Parties</u>" herein), and each of them of and from any and all liabilities, claims, demands, actions, causes of action, rights, obligations, compensation, expenses, contracts, agreements and debts, whether or not direct or indirect, contingent, accrued, inchoate, liquidated or unliquidated, foreseen, or unforeseen, matured or unmatured, or known or unknown which the Creditor and their Creditor Affiliated Parties has or may have against the Company and its Company Affiliated Parties from the beginning of time up to the Effective Date of this Agreement, including, but not limited to, any and all claims, demands, grievances, causes of action or suit of any kind arising out of, related to, or in any way connected with, the dealings between the parties to date, including any claims related to any employment or consulting relationship and/or its termination (collectively called "<u>Claims</u>" herein). Creditor acknowledges and agrees that this release of all of Creditor's Claims includes, but is not limited to, the release and waiver of any and all legal or administrative claims arising under any express or implied contract, law (federal, state or administrative), rule, regulation, or ordinance, including, but not limited to, Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, the California Fair Employment and Housing Act, and any other law or regulation relating to employment or employment discrimination.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>By Debtor</u>: In consideration of the mutual covenants and agreements set forth herein, and except with respect to obligations arising under this Agreement, Debtor, on their own behalf and on behalf of their current or former successors-in-interest, assigns, transferees, affiliates, representatives, partners, shareholders, officers, directors, employees and agents (collectively "<u>Debtor Affiliated Parties</u>"), hereby fully and forever release, remise and discharge Creditor and its current or former successors-in-interest, assigns, transferees, affiliates, representatives, partners, shareholders, officers, directors, employees, agents, principals, predecessors, alter egos, parents, subsidiaries, affiliates, attorneys, insurers and successors (collectively called "<u>Creditor Affiliated Parties</u>" herein), and each of them of and from any and all liabilities, claims, demands, actions, causes of action, rights, obligations, compensation, expenses, contracts, agreements and debts, whether or not direct or indirect, contingent, accrued, inchoate, liquidated or unliquidated, foreseen, or unforeseen, matured or unmatured, or known or unknown which the Debtor and their Debtor Affiliated Parties has or may have against the Creditor and its Creditor Affiliated Parties from the beginning of time up to the Effective Date of this Agreement, including, but not limited to, any and all claims, demands, grievances, causes of action or suit of any kind arising out of, related to, or in any way connected with, the dealings between the parties to date, including any claims related to any employment or consulting relationship and/or its termination (collectively called "<u>Claims</u>" herein). Debtor acknowledges and agrees that this release of all of Debtor's Claims includes, but is not limited to, the release and waiver of any and all legal or administrative claims arising under any express or implied contract, law (federal, state or administrative), rule, regulation, or ordinance, including, but not limited to, Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, the California Fair Employment and Housing Act, and any other law or regulation relating to employment or employment discrimination.]

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Creditor to Terminate All Pending Proceedings</u>. Creditor agrees that if they have initiated or instituted any legal or administrative proceeding(s) or action(s) against the Debtor or Debtor Affiliated Parties, then Creditor shall immediately follow the execution of this Agreement withdraw, dismiss or terminate with prejudice any such proceedings or actions.

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| |
|:---|
| 2 |
| _***<u>rd</u>*__ _*<u>de</u>***_<br>Creditor / Debtor |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Advice of Counsel</u>. By executing this Agreement Creditor acknowledges that they have read this Agreement and have had an opportunity to receive independent legal advice with respect to executing this Agreement and that Creditor on their own behalf and on the behalf of their Creditor Affiliated Parties hereby agree that all rights under Section 1542 of the Civil Code of the State of California are hereby waived by them and their Affiliated Parties. Section 1542 provides as follows:

"A general release does not extend to claims which the Creditor does not know of or suspect to exist in their favor at the time of executing the release, which if known by them must have materially affected their settlement with the Debtor or the Company."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Non-Admission</u>. None of the parties admits, and each of the parties expressly deny, having any liability of any kind to any other party and further deny that Creditor was ever an employee of the Company. Creditor provided professional services to the Company (during the period March, through March, 2025) as a consultant in their technical profession. Nothing contained in this Agreement shall be construed or deemed as any admission of any liability or as confirmation or agreement that an employee relationship as that is defined by the California Department of Industrial Relations ever existed between Company and Creditor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>Confidentiality</u>. Creditor acknowledges and agrees that they have a continuing obligation to keep confidential and not to disclose information known or learned as a consequence of their affiliation or relationship with the Company, including facts relating to the business operations, trade secrets, formulations, procedures, materials, finances, SEC and other regulatory matters or compliance, customers, clients, suppliers, and marketing or sales strategies, methods, and tactics.

Each of the parties acknowledge and agree that the fact, terms, conditions and amounts of the settlement encompassed by this Agreement shall be strictly confidential, and shall not be publicly disclosed, discussed or described by any party to any person or entity, whether public or private except as may be required by law, or to a court, or to a taxing authority, or in a private consultation that any party may have with his/her/its tax advisor or attorney.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>Non-Disparagement</u>. Each of the parties' covenants and agrees that on and after the Effective Date of this Agreement, none of them will criticize or ridicule or make any statement which disparages or is derogatory of any party to this Agreement unless authorized or privileged by law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Cooperation by Creditor</u>. Creditor agrees that they will cooperate with the Company in any legal or administrative proceeding with which Company is involved that relates to events of which Creditor may have knowledge as a result of Creditor's affiliation with Company, and Company agrees that in such circumstance, Creditor shall be reasonably compensated for such cooperation. Further, Creditor agrees that (i) they shall not communicate or cooperate with any adverse litigant opposing Company unless compelled to do so by subpoena or valid court order or other process of law, and (ii) they will notify the Company of any attempt by an adverse litigant to communicate with Creditor. The parties agree that Company, upon receipt of written notification that Creditor becomes subject to a court order or served with a subpoena, notification if any court order or subpoena is served on Creditor in any such event Creditor shall at its sole and exclusive expense, take all steps reasonably necessary to have the order vacated or the subpoena quashed by the court or administrative agency.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Attorneys' Fees and Costs</u>. In the event that any legal proceeding is instituted in connection with any controversy arising out of the interpretation or enforcement of this Agreement, including without limitation the enforcement of any rights hereunder, the prevailing party (as defined by the courts of California) shall be entitled to recover, in addition to court costs and all reasonable costs and expenses relating to such proceeding, such sums as the court may decide are reasonable including, without limitation, those related or relating to any and all appeals incurred in interpreting or enforcing the terms of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Choice of Law; Venue</u>. This Agreement has been made in, and shall be governed by and construed and enforced in accordance with the laws of the State of California and the federal law of the United States without reference to principles of conflicts of law. The parties agree that, in the event of any dispute arising out of this Agreement or the transactions contemplated thereby, venue for such dispute shall be in the state or federal courts located in San Diego, California, and that each party hereto waives any objection to such venue based on forum non conveniens.

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| |
|:---|
| 3 |
| _***<u>rd</u>*__ _*<u>de</u>***_<br>Creditor / Debtor |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. <u>Waiver</u>. None of the parties shall, by mere lapse of time, without giving further written notice, be deemed to have waived any breach of this Agreement by any other party. Further, the waiver by any party of a particular breach of this Agreement shall not be construed or deemed as a continuing waiver of such breach. To the maximum extent permitted by law, no claim or right arising out of the Agreement can be discharged by any party, in whole or in part, by a waiver or renunciation of the claim or right unless done in writing and signed by all of the other parties hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. <u>Severability</u>. The parties agree that if any one or more of the provisions of this Agreement should ever be declared or determined by any court of competent jurisdiction to be illegal or invalid, the validity of the remaining parts, terms or provisions shall not be affected thereby, and said illegal or invalid part, term or provision shall be automatically conformed to the law, if possible, or if not possible, be deemed to be stricken from this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14. <u>Counterparts/Facsimile Signatures</u>. This Agreement may be executed in one or more counterparts, each of which when so signed shall be deemed to be an original, and such counterparts together shall constitute one and the same instrument. In lieu of the original, a facsimile transmission or copy of the original shall be as effective and enforceable as the original.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15. <u>Entire Agreement</u>. The parties understand and agree that this instrument constitutes, and shall be deemed to constitute, the entire agreement between the parties concerning the subject matter and contents of this Agreement, and that this instrument supersedes all prior negotiations, proposed agreement, or understandings, if any, between the parties concerning any of the provisions of this Agreement. No amendment to this Agreement shall be effective unless it is in writing and signed by a duly authorized representative of each of the parties to this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16. <u>Fair Meaning</u>. The parties understand and agree that the wording of this Agreement shall be construed as a whole according to its fair meaning, and not strictly for or against any of the parties, including the party that drafted this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17. <u>Captions</u>. The paragraph headings contained in this Agreement are for reference purposes only and shall not in any way affect the meaning or interpretation of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18. <u>Signatures Authorized</u>. Each of the parties represents and warrants that the person whose signature is shown below on behalf of that party has acted for, on behalf of, and with the express authorization of that party, and that each of the parties is legally bound thereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19. <u>Terms Contractual</u>. The parties understand and agree that the terms of this Agreement are contractual, not a mere recital or recitals.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20. <u>Conditions Precedence</u>. This Agreement is not considered effective, nor binding until the conditions set forth in this document are completed by the Creditor and the Debtor, specifically instructions by Creditor to Debtor and Debtor must complete actions required in sections 2(i).

*---------------------Remainder of this page left blank intentionally--------------------------* 

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| |
|:---|
| 4 |
| _***<u>rd</u>*__ _*<u>de</u>***_<br>Creditor / Debtor |

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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first written above.

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| | |
|:---|:---|
| **DEBTOR:** | **CREDITOR(S):** |
| GPods, Inc. | DLE CONSULTING |
| a Nevada Corporation | an unincorporated entity |
| By: ***illegible*** | By: ***illegible*** |
| Robert Dolan, President & CEO | David Estus, owner |
|  | David Estus, Individually |
|  | By: ***illegible*** |
|  | David Estus, an individual |

---

---

| |
|:---|
| 5 |
| _***<u>rd</u>*__ _*<u>de</u>***_<br>Creditor / Debtor |

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EXHIBIT 1 – CREDITOR STATEMENT OF OUTSTANDING INVOICES

![](ex10-4_001.jpg)

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| |
|:---|
| 6 |
| _***<u>rd</u>*__ _*<u>de</u>***_<br>Creditor / Debtor |

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## Exhibit 31.1

**Exhibit 31.1**

**<u>CERTIFICATIONS</u>**

---

| | |
|:---|:---|
|  | I, Robert Dolan, certify that: |
| 1. | I have reviewed this Report on Form 10-K of GPods, Inc. (the "Company") for the period ending March 31, 2025; |
| 2. | Based on my knowledge, this report 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 report; |
| 3. | Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Company as of, and for, the periods presented in this report; |
| 4. | I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a–15(f) and 15d–15(f)) for the registrant and have: |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) designed
 such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
 to ensure that material information relating to the Company, including its subsidiaries, is made known to us by others within those
 entities, particularly during the period in which this report is being prepared;

(b) designed
 such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our
 supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
 for external purposes in accordance with generally accepted accounting principles;

(c) evaluated
 the effectiveness of the Company's disclosure controls and procedures and presented in this report our conclusions about the
 effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;
 and

(d) disclosed
 in this report any change in the Company's internal control over financial reporting that occurred during the Company's
 most recent fiscal quarter (the Company's fourth fiscal quarter in the case of an annual report) that has materially affected,
 or is reasonably likely to materially affect, the Company's internal control over financial reporting.

&nbsp;&nbsp;&nbsp;&nbsp;5. I
 have disclosed, based on my most recent evaluation of internal control over financial reporting, to the Company's auditors
 and the audit committee of the Company's Board of Directors (or persons performing the equivalent functions):

---

| | |
|:---|:---|
| (a) | all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Company's ability to record, process, summarize and report financial information; and |
| (b) | any fraud, whether or not material, that involves management or other employees who have a significant role in the Company's internal control over financial reporting. |
| Date: July 14, 2025 | Date: July 14, 2025 |

---

---

| | |
|:---|:---|
| By: | */s/ Robert Dolan* |
|  | Robert Dolan, |
|  | President, Chief Executive Officer and Principal Executive Officer |

---

## Exhibit 31.2

**Exhibit 31.2**

**<u>CERTIFICATIONS</u>**

---

| | |
|:---|:---|
|  | I, Robert Dolan, certify that: |
| 1. | I have reviewed this Report on Form 10-K of GPods, Inc. (the "Company") for the period ending March 31, 2025; |
| 2. | Based on my knowledge, this report 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 report; |
| 3. | Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Company as of, and for, the periods presented in this report; |
| 4. | I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a–15(f) and 15d–15(f)) for the registrant and have: |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) designed
 such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
 to ensure that material information relating to the Company, including its subsidiaries, is made known to us by others within those
 entities, particularly during the period in which this report is being prepared;

(b) designed
 such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our
 supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
 for external purposes in accordance with generally accepted accounting principles;

(c) evaluated
 the effectiveness of the Company's disclosure controls and procedures and presented in this report our conclusions about the
 effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;
 and

(d) disclosed
 in this report any change in the Company's internal control over financial reporting that occurred during the Company's
 most recent fiscal quarter (the Company's fourth fiscal quarter in the case of an annual report) that has materially affected,
 or is reasonably likely to materially affect, the Company's internal control over financial reporting.

&nbsp;&nbsp;&nbsp;&nbsp;5. I
 have disclosed, based on my most recent evaluation of internal control over financial reporting, to the Company's auditors
 and the audit committee of the Company's Board of Directors (or persons performing the equivalent functions):

---

| | |
|:---|:---|
| (a) | all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Company's ability to record, process, summarize and report financial information; and |
| (b) | any fraud, whether or not material, that involves management or other employees who have a significant role in the Company's internal control over financial reporting. |
| Date: July 14, 2025 | Date: July 14, 2025 |

---

---

| | |
|:---|:---|
| By: | */s/ Robert Dolan* |
|  | Robert Dolan, |
|  | Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer |

---

## Exhibit 32.1

**Exhibit 32.1**

**CERTIFICATION PURSUANT TO**

**SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002**

**(18 U.S.C. 1350)**

In connection with the Report of GPods, Inc. (the "Company") on Form 10-K for the fiscal period ended March 31, 2025, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Robert Dolan, Chief Executive Officer and Principal Executive Officer of the Company, certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. 1350), that to my knowledge:

&nbsp;&nbsp;&nbsp;&nbsp;1. the
 Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. the
 information contained in the Report fairly presents, in all material respects, the financial condition and results of operations
 of the Company.

Date: July 14, 2025

---

| | |
|:---|:---|
| By: | */s/ Robert Dolan* |
|  | Robert Dolan, |
|  | President, Chief Executive Officer, and Principal Executive Officer |

---

## Exhibit 32.2

**Exhibit 32.2**

**CERTIFICATION PURSUANT TO**

**SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002**

**(18 U.S.C. 1350)**

In connection with the Report of GPods, Inc. (the "Company") on Form 10-K for the fiscal period ended March 31, 2025, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Robert Dolan, Chief Financial Officer and Principal Accounting Officer of the Company, certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. 1350), that to my knowledge:

&nbsp;&nbsp;&nbsp;&nbsp;1. the
 Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. the
 information contained in the Report fairly presents, in all material respects, the financial condition and results of operations
 of the Company.

Date: July 14, 2025

---

| | |
|:---|:---|
| By: | */s/ Robert Dolan* |
|  | Robert Dolan, |
|  | President, Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer |

---