# EDGAR Filing Document

**Accession Number:** 0001627554
**File Stem:** 0001017386-23-000119
**Filing Date:** 2023-3
**Character Count:** 60811
**Document Hash:** f7c70033ae6b2fd35146515a00e831cc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001017386-23-000119.hdr.sgml**: 20230324

**ACCESSION NUMBER**: 0001017386-23-000119

**CONFORMED SUBMISSION TYPE**: 10-Q

**PUBLIC DOCUMENT COUNT**: 49

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230324

**DATE AS OF CHANGE**: 20230323

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pedro's List, Inc.
- **CENTRAL INDEX KEY:** 0001627554
- **STANDARD INDUSTRIAL CLASSIFICATION:** [3949]
- **IRS NUMBER:** 320450509
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** 10-Q
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-201215
- **FILM NUMBER:** 23757398

**BUSINESS ADDRESS:**
- **STREET 1:** 11700 WEST CHARLESTON BLVD.
- **STREET 2:** SUITE 170-174
- **CITY:** LAS VEGAS,
- **STATE:** NV
- **ZIP:** 89135
- **BUSINESS PHONE:** (702) 985-7544

**MAIL ADDRESS:**
- **STREET 1:** 11700 WEST CHARLESTON BLVD.
- **STREET 2:** SUITE 170-174
- **CITY:** LAS VEGAS,
- **STATE:** NV
- **ZIP:** 89135

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Quest Management Inc
- **DATE OF NAME CHANGE:** 20141210

?xml version="1.0" encoding="utf-8"?

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549**

**FORM 10-Q**

**☒&nbsp;&nbsp;&nbsp;&nbsp; QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

**FOR THE QUARTERLY PERIOD ENDED**

**January 31, 2023**

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

**Commission file number 333-201215**

**I.R.S. Employer Identification No. 32-0450509**

**<u>PEDRO'S LIST, INC.</u>**

(Exact name of registrant as specified in its charter)

**<u>Nevada</u>**

(State or other jurisdiction of incorporation or organization)

**<u>11700 West Charleston Blvd.</u>**

**<u>Suite 170-174</u>**

**<u>Las Vegas, NV 89135</u>**

(Address of principal executive offices, including zip code.)

**<u>(702) 985-7544</u>**

(Telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| None | N/A | N/A |

---

Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 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 last 90 days. **Yes [X] No [ ]**

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted 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 [X ] 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," "non-accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer☐ Smaller reporting company ☒ 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 13(a) 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 [X]**

Indicate the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: 63,423,887 shares of common stock as of the date of March 22, 2023.

**PEDRO'S LIST, INC.**

**January 31, 2023**

**FORM 10-Q**

**TABLE OF CONTENTS**

---

| | | |
|:---|:---|:---|
| **Item #** | **Description** | **Page**<br> **Numbers** |
|  | **PART I** |  |
| ITEM 1 | UNAUDITED FINANCIAL STATEMENTS AND NOTES TO FINANCIAL STATEMENTS | 3 |
| ITEM 2 | MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS | 16 |
| ITEM 3 | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK | 17 |
| ITEM 4 | CONTROLS AND PROCEDURES | 17 |
|  | **PART II** |  |
| ITEM 1 | LEGAL PROCEEDINGS | 18 |
| ITEM 1A | RISK FACTORS | 19 |
| ITEM 2 | UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS | 19 |
| ITEM 3 | DEFAULTS UPON SENIOR SECURITIES | 19 |
| ITEM 4 | MINE SAFETY DISCLOSURES | 19 |
| ITEM 5 | OTHER INFORMATION | 19 |
| ITEM 6 | EXHIBITS | 19 |
|  | **SIGNATURES** | 20 |

---

**ITEM 1. FINANCIAL STATEMENTS**

**PEDRO'S LIST, INC.** 

**INDEX TO CONENSED FINANCIAL STATEMENTS**

**(Unaudited)**

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;PAGE |
| &nbsp;&nbsp;CONDENSED BALANCE SHEETS (UNAUDITED) | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) | &nbsp;&nbsp;7 |
| &nbsp;&nbsp;NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS | &nbsp;&nbsp;8 |

---

---

| |
|:---|
| &nbsp;&nbsp;**PEDRO'S LIST, INC.** |
| &nbsp;&nbsp;Condensed Consolidated Balance Sheets |
| &nbsp;&nbsp;January 31, 2023 and October 31, 2022 |
| &nbsp;&nbsp;(Unaudited) |

---

---

| | | |
|:---|:---|:---|
|  | January 31,<br>2023 | October 31,<br>2022 |
| ASSETS |  |  |
| &nbsp;&nbsp;&nbsp;Current Assets |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash | $23133 | $17518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Note receivable | 6000 | 6000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Current Assets | 29133 | 23518 |
| &nbsp;&nbsp;&nbsp;Total Assets | $29133 | $23518 |
| &nbsp;&nbsp;LIABILITIES AND STOCKHOLDERS' (DEFICIT) |  |  |
| &nbsp;&nbsp;&nbsp;Current Liabilities |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notes payable | $350815 | $296829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Note payable- Related party | 33125 | 37500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable and accrued expenses | 31000 | 30113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable and accrued expenses - Related party | 10999 | 5363 |
| &nbsp;&nbsp;&nbsp;Total Current Liabilities | 425939 | 369805 |
| &nbsp;&nbsp;&nbsp;Total Liabilities | 425939 | 369805 |
| &nbsp;&nbsp;&nbsp;Commitments and contingencies |  |  |
| &nbsp;&nbsp;&nbsp;Stockholders (Deficit) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stock, $0.001 par value, 750,000,000 shares authorized; |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62,573,887 and 50,073,887 shares issued and outstanding at |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Common stock, $0.001 par value, 750,000,000 shares authorized; 62,573,887 and 50,073,887 shares issued and outstanding at** January 31, 2023 and October 31, 2022 | 62574 | 50074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Additional paid-in capital | 1321926 | 1321926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulated (Deficit) | (1781306) | (1718287) |
| &nbsp;&nbsp;&nbsp;Total Stockholders' (Deficit) | (396806) | (346287) |
| &nbsp;&nbsp;&nbsp;Total Liabilities and Stockholders' (Deficit) | $29133 | $23518 |

---

The accompanying footnotes are an integral part of these unaudited condensed financial statements.

---

| |
|:---|
| &nbsp;&nbsp;**PEDRO'S LIST, INC.** |
| &nbsp;&nbsp;Condensed Consolidated Statements of Operations |
| &nbsp;&nbsp;For the Three Months Ended January 31, 2023 and 2022 |
| &nbsp;&nbsp;(Unaudited) |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;Three Months Ended | &nbsp;&nbsp;Three Months Ended |
|  | January 31, | January 31, |
|  | 2023 | 2022 |
| Revenues | $— | $— |
| &nbsp;&nbsp;Total Revenues |  |  |
| &nbsp;&nbsp;Operating Expenses |  |  |
| &nbsp;&nbsp;&nbsp;General and administrative | 38748 | 28250 |
| &nbsp;&nbsp;&nbsp;Total operating expenses | 38748 | 28250 |
| &nbsp;&nbsp;&nbsp;(Loss) before other expenses | (38748) | (28250) |
| &nbsp;&nbsp;Other (expense) |  |  |
| &nbsp;&nbsp;&nbsp;Loss from debt conversion | (8125) |  |
| &nbsp;&nbsp;&nbsp;Interest income | 7 |  |
| &nbsp;&nbsp;&nbsp;Interest (expense)-Related party | (1153) |  |
| &nbsp;&nbsp;&nbsp;Interest (expense) | (15000) |  |
| &nbsp;&nbsp;&nbsp;Total other (expense) | (24271) |  |
| &nbsp;&nbsp;(Loss) before income taxes | (63019) | (28250) |
| &nbsp;&nbsp;&nbsp;Income taxes |  |  |
| &nbsp;&nbsp;Net (loss) | $(63019) | $(28250) |
| &nbsp;&nbsp;(Loss) per share-Basic and diluted | $(0.00) | $(0.52) |
| &nbsp;&nbsp;Weighted average shares outstanding |  |  |
| &nbsp;&nbsp;&nbsp;**Weighted average shares outstanding** Basic and diluted | 59584757 | 53887 |

---

The accompanying footnotes are an integral part of these unaudited condensed financial statements.

---

| |
|:---|
| &nbsp;&nbsp;**PEDRO'S LIST, INC.** |
| &nbsp;&nbsp;Condensed Consolidated Statements of Stockholders' (Deficit) |
| &nbsp;&nbsp;For the Three Months Ended January 31, 2023 and 2022 |
| &nbsp;&nbsp;(Unaudited) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Common Stock | Common Stock | | | |
|  | Shares | Amount | Additional<br>Paid-In<br>Capital |<br>Accumulated<br>(Deficit) |<br>Stockholders'<br>(Deficit) |
| &nbsp;&nbsp; Balance - November 1, 2021 | 53887 | $54 | $771946 | $(835927) | $(63927) |
| &nbsp;&nbsp; Net (loss) for the three months ended January 31, 2022 |  |  |  | (28250) | (28250) |
| &nbsp;&nbsp;Balance- January 31, 2022 | 53887 | $54 | $771946 | $(864177) | $(92177) |
|  | Common Stock | Common Stock | Additional<br> Paid-In | Accumulated | Stockholders' |
|  | Shares | Amount | Capital | (Deficit) | (Deficit) |
| &nbsp;&nbsp; Balance- November 1, 2022 | 50073887 | $50074 | $1321926 | $(1718287) | $(346287) |
| &nbsp;&nbsp; Common stock issued for debt conversion | 12500000 | 12500 |  |  | 12500 |
| &nbsp;&nbsp; Net (loss) for the three months ended January 31, 2023 |  |  |  | (63019) | (63019) |
| &nbsp;&nbsp;Balance- January 31, 2023 | 62573887 | $62574 | $1321926 | $(1781306) | $(396806) |

---

The accompanying footnotes are an integral part of these unaudited condensed financial statements.

---

| |
|:---|
| &nbsp;&nbsp;**PEDRO'S LIST, INC.** |
| &nbsp;&nbsp;Condensed Consolidated Statements of Cash Flows |
| &nbsp;&nbsp;For the Three Months Ended January 31, 2023 and 2022 |
| &nbsp;&nbsp;(Unaudited) |

---

---

| | | |
|:---|:---|:---|
|  | Three Months Ended | Three Months Ended |
|  | January 31, | January 31, |
|  | 2023 | 2022 |
| &nbsp;&nbsp;CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net (loss) | $(63019) | $(28250) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjustments to reconcile net loss to net cash used |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Adjustments to reconcile net loss to net cash used** in operating activities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Loss) from debt conversion | 8125 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes in assets and liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Increase in accounts payable and accrued expenses | (4739) | 6128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Increase in accounts payable and accrued expenses - Related party | 5637 | (6000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net cash (used) in operating activities | (53996) | (28122) |
| &nbsp;&nbsp;CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Increase in notes payable | 63986 | 28122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Increase in notes payable - Related party | (4375) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net cash provided by financing activities | 59611 | 28122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net (decrease) in cash | 5615 |  |
| &nbsp;&nbsp;CASH AT BEGINNING PERIOD | 17518 |  |
| &nbsp;&nbsp;CASH AT END OF PERIOD | $23133 | $— |
| &nbsp;&nbsp;SUPPLEMENTAL CASH FLOW INFORMATION: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash paid for interest | $— | $— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash paid for income taxes | $— | $— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stock issued for debt conversion | $12500 | $— |

---

The accompanying footnotes are an integral part of these unaudited condensed financial statements.

**PEDRO'S LIST, INC.**

**(Formerly Quest Management, Inc.)** 

**Notes to Condensed Consolidated Unaudited Financial Statements**

**January 31, 2023 and October 31, 2022**

**NOTE 1- Business, Basis of Presentation and Significant Accounting Policies**

**Nature of Operations**

Pedro's List, Inc., formerly known as Quest Management, Inc. (the "Company") was incorporated in the State of Nevada on October 12, 2014. The Company originally intended to engage in the business of development of marketing channels to distribute fitness equipment to the wholesale market in the United States. The Company acquired Pedro's List U.S. L.L.C. on May 23, 2022 through the exchange of 20,000 shares of its common stock and is entering into the business of offering an online service to consumers looking for credible and reputable home service and repair providers in Mexico. This acquisition was treated as a purchase with Pedro's List, Inc. being the Acquirer.

The Company may continue to seek the acquisition of other business activities and the related capital needed to enter into an activity to bring operations that would be profitable and increase the value to the shareholders. The activities may be in the industries currently or previously pursued, but it is not known at this point in time, and the current operations will be financed by its parent company and/or debts incurred by the Company.

**Basis of Presentation**

The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America ("US GAAP") and are presented in US dollars. The Financial Statements and related disclosures as of October 31, 2022 are audited pursuant to the rules and regulations of the United States Securities and Exchange Commission ("SEC"). All other periods presented in these financial statements are unaudited pursuant to the rules and regulations of the United States Securities and Exchange Commission ("SEC"). Unless the context otherwise requires, all references to "Quest Management," "we," "us," "our" or the "Company" are to Pedro's List, Inc.

**Cash and Cash Equivalents**

The Company considers all highly liquid investments purchased with original maturities of three months or less to be cash equivalents.

**Revenue Recognition**

The Company applies ASC 606, *Revenue from Contracts with Customers*. Under ASC 606, the Company will recognize revenue from the sale of our exercise equipment by applying the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue as each performance obligation is satisfied.

**Advertising** 

Advertising costs are expensed as incurred. Advertising expenses for the three months ended January 31, 2023 and 2022 were $0.

 **PEDRO'S LIST, INC.**

**(Formerly Quest Management, Inc.)**

**Notes to Condensed Consolidated Unaudited Financial Statements**

**January 31, 2023 and October 31, 2022**

**NOTE 1 – Business, Basis of Presentation and Significant Accounting Policies (Continued)**

**Intangibles with Finite Lives**

The Company applies the provisions of Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 360-10, *Property, Plant and Equipment,* where applicable to all long-lived assets. FASB ASC 360-10 addresses accounting and reporting for impairment and disposal of long-lived assets. The Company periodically evaluates the carrying value of long-lived assets to be held and used in accordance with FASB ASC 360-10. FASB ASC 360-10 requires impairment losses to be recorded on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets' carrying amounts. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the fair market value of the long-lived assets. Loss on long-lived assets to be disposed of is determined in a similar manner, except that fair market values are reduced for the cost of disposal.

The Company does not amortize any intangible assets with finite lives.

Goodwill and intangible assets are reviewed for potential impairment whenever events or circumstances indicate that their carrying amounts may not be recoverable. Management determined an impairment adjustment related to these intangibles was necessary at October 31, 2022. The Company impaired the goodwill allocated from the purchase of its Subsidiary in the amount of $647,739.

**Fair Value of Financial Instruments**

The Company adopted ASC 820, *Fair Value Measurements and Disclosures*, which provides a framework for measuring fair value under US GAAP. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The standard also expands disclosures about instruments measured at fair value and establishes a fair value hierarchy, which requires an entity to maximize the use

of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:

Level 1 — Quoted prices for identical assets and liabilities in active markets;

Level 2 — Quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and

Level 3 — Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.

 **Use of Estimates**

The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made; however actual results could differ materially from those estimates.

**PEDRO'S LIST, INC.**

**(Formerly Quest Management, Inc.)**

**Notes to Condensed Consolidated Unaudited Financial Statements**

**January 31, 2023 and October 31, 2022**

**NOTE 1- Business, Basis of Presentation and Significant Accounting Policies (continued)** 

**Emerging Growth Company Critical Accounting Policy Disclosure**

The Company qualifies as an "emerging growth company" under the 2012 JOBS Act. 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. As an emerging grown company, the Company can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. The Company has chosen to "opt out" of such extended transition period, and as a result, the Company 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.

**Income Taxes**

The Company accounts for income taxes under ASC 740-10-30, *Income Taxes*. Deferred income tax assets and liabilities are determined based upon differences between the financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the statements of operations in the period that includes the enactment date.

The Company adopted ASC 740-10-25, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under ASC 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. ASC 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of ASC 740-10-25.

**Loss Per Share**

Net loss per common share is computed pursuant to ASC 260-10-45, Earnings Per Share. Basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by dividing net loss by the weighted average number of shares of common stock and potentially outstanding shares of common stock during each period, unless their effect is anti-dilutive due to continuing losses. There were no potentially dilutive shares outstanding as of January 31, 2023 and October 31, 2022, respectively

**Principles of Consolidation**

The consolidated financial statements include the accounts of Pedro's List, Inc. and its wholly owned Subsidiary Pedro's List U.S. L.L.C. All intercompany transactions are eliminated in consolidation.

**Recent Accounting Pronouncements**

We do not expect the adoption of recently issued accounting pronouncements to have a significant impact on our results of operations or financial position.

 **PEDRO'S LIST, INC.**

**(Formerly Quest Management, Inc.)**

**Notes to Condensed Consolidated Unaudited Financial Statements**

**January 31, 2023 and October 31, 2022**

 **NOTE 2 – Financial Condition and Going Concern**

The Company's financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company had limited operations during the period from October 12, 2014 (date of inception) to January 31, 2023 resulted in accumulated deficit of $1,781,306. As of January 31, 2023, Company had working capital deficit of $396,806. These factors raise substantial doubt as to its ability to obtain debt and/or equity financing and achieve profitable operations.

Management intends to raise additional operating funds through equity and/or debt offerings. However, there can be no assurance management will be successful in its endeavors. Ultimately, the Company will need to achieve profitable operations in order to continue as a going concern.

There are no assurances that the Company will be able to either (1) achieve a level of revenues adequate to generate sufficient cash flow from operations; or (2) obtain additional financing through either private placement, public offerings and/or bank financing necessary to support its working capital requirements. To the extent that funds generated from operations and any private placements, public offerings and/or bank financing are insufficient, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company. If adequate working capital is not available to the Company, it may be required to curtail its operations.

**NOTE 3 – Acquisition**

Effective May 23, 2022 acquired all membership interests in Pedro's List U.S. L.L.C.("PLLLC").

The purchase price for the acquisition of PLLLC was the issuance of 20,000 shares of the Company's common stock at $27.50 per share and the assumption of the net liabilities of BSLLC. One hundred percent of the purchase price was allocated to goodwill.

The allocation of the purchase price and the estimated fair market values of the assets acquired, and liabilities assumed are shown below.

---

| | |
|:---|:---|
| Cash | $45198 |
| Intercompany debt offset | 18155 |
| Note receivable | 6000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total assets acquired | 69353 |
| Accounts payable and accrued expenses | 9682 |
| Notes payable | 157410 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total liabilities assumed | 167092 |
| Net debt assumed | 97439 |
| Common stock issued | 550000 |
| Amount allocated to goodwill (impaired) | $647439 |

---

**PEDRO'S LIST, INC.**

**(Formerly Quest Management, Inc.)**

**Notes to Condensed Consolidated Unaudited Financial Statements**

**January 31, 2023 and October 31, 2022**

**NOTE 4 – Notes Payable**

The Company's debt consists of the following:

---

| | | |
|:---|:---|:---|
|  | January 31, 2023 | October 31, 2022 |
| &nbsp;&nbsp;Notes payable, non-interest bearing, due upon demand, unsecured. | $53269 | $53269 |
| &nbsp;&nbsp;Note payable, non-interest bearing, due upon demand, unsecured. | 32410 | 32410 |
| &nbsp;&nbsp;Note payable, 10% per month interest, due with interest on September 1, 2023, secured by assets of the company | 50000 | 50000 |
| &nbsp;&nbsp;Note payable, non-interest bearing, due upon demand, unsecured, convertible at $.50 per share | 98986 | 45000 |
| &nbsp;&nbsp;Note payable, non-interest bearing, due upon demand, unsecured. | 100000 | 100000 |
| &nbsp;&nbsp;Note payable, non-interest bearing, due upon demand, unsecured. | 6150 | 6150 |
| &nbsp;&nbsp;Notes payable, non-interest bearing, due upon demand, unsecured | 10000 | 10000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total due | 350815 | 296829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Current Portion | 350815 | 296829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-term portion | $— | $— |

---

Interest expense was $15,000 for the quarter ended January 31, 2023 and a total of $20,000 is due on the above notes at January 31, 2023.

 **NOTE 5 – Note Payable -Related Party**

The Company's related party debt consists of the following:

---

| | | |
|:---|:---|:---|
|  | January 31, 2023 | October 31, 2022 |
| &nbsp;&nbsp;Notes payable, non-interest bearing, due upon demand, unsecured | $8125 | $12500 |
| &nbsp;&nbsp; Note payable, 15% interest, due upon demand, unsecured. | 25000 | 25000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total due | 33125 | 37500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Current Portion | 33125 | 37500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-term portion | $— | $— |

---

Interest expense was $1,153 for the quarter ended January 31, 2023 and a total of $6,515 is due on the above notes at January 31, 2023

**PEDRO'S LIST, INC.**

**(Formerly Quest Management, Inc.)**

**Notes to Condensed Consolidated Unaudited Financial Statements**

**January 31, 2023 and October 31, 2022**

**NOTE 6 – Income Taxes**

The Company adopted the provisions of ASC 740-10 (formerly known as FIN No. 48, Accounting for Uncertainty in Income Taxes). ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in a company's financial statements. ASC 740-10 requires a company to determine whether it is more likely than not that a tax position will be sustained upon examination based upon the technical merits of the position. If the more-likely-than-not threshold is met, a company must measure the tax position to determine the amount to recognize in the financial statements. The application of income tax law is inherently complex. Laws and regulation in this area are voluminous.

and are often ambiguous. As such, we are required to make many subjective assumptions and judgments regarding the income tax exposures. Interpretations and guidance surrounding income tax laws and regulations change over time. As such, changes in the subjective assumptions and judgments can materially affect amounts recognized in the balance sheets and statements of income.

The Company has no unrecognized tax benefit, which would affect the effective tax rate if recognized. There has been no significant change in the unrecognized tax benefit during the period ended January 31, 2023.

We classify interest and penalties arising from the underpayment of income taxes in the statement of income under general and administrative expenses. As of January 31, 2023, we had no accrued interest or penalties related to uncertain tax positions.

Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carry forwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.

The components of deferred income tax assets (liabilities) at January 31, 2023, were as follows:

---

| | | | |
|:---|:---|:---|:---|
|  | Balance | Rate | Tax |
| Federal loss carryforward | $1781306 | 21% | $374074 |
| Valuation allowance |  |  | (374074) |
| &nbsp;&nbsp;&nbsp;&nbsp; Deferred tax asset |  |  | $— |

---

**PEDRO'S LIST, INC.**

**(Formerly Quest Management, Inc.)**

**Notes to Condensed Consolidated Unaudited Financial Statements**

**January 31, 2023 and October 31, 2022**

**NOTE 7 – Capital Stock**

The Company on May 23, 2022 issued 20,000 shares of its common stock valued at $27.50 per share for the acquisition of Pedro's List U.S. L.L.C. This transaction was determined to be an acquisition for accounting purposes with Pedro's List, Inc. being the Acquirer.

The Company on October 11, 2022 issued 50,000,000 shares of its common stock valued at $.001 per share for services.

The Company reverse split its common stock on a one for five thousand basis in early August. This split has been retroactively reflected in these financial statements.

The Company issued in November 12,500,000 shares of common stock for $4,375 of a note payable to a related party. The Company recorded a $8,125 loss on this transaction.

**NOTE 8 – Contingencies and Commitments**

The Company follows ASC 440 & ASC 450, subtopic 450-20 of the FASB Accounting Standards Codification to report accounting for contingencies and commitments respectively. Certain conditions may exist as of the date the financial statements are issued, which may result in a loss to the Company, but which will only be resolved when one or more future events occur or fail to occur.

The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or un-asserted claims that may result in such proceedings, the Company evaluates the perceived merits of any legal proceedings or un-asserted claims as well as the perceived merits of the amount of relief sought or expected to be sought therein.

If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company's financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed.

Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time, that these matters will have a material adverse effect on the Company's consolidated financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company's business, financial position, and results of operations or cash flows.

Management of the Company has conducted a diligent search and concluded that there were no commitments, contingencies, or legal matters pending at the balance sheet dates.

The effects of Covid -19 could impact our ability to operate under the going concern and maintain sufficient liquidity to continue operations. The impact of Covid-19 on companies is evolving rapidly and its future effects are uncertain. There are material uncertainties from Covid-19 that cast significant doubt on the company's ability to operate under the going concern. It is highly likely that our company will have issues relating to the current situation that need to be considered by management. There will be a wide range of factors to take into account in going concern judgments and financial projections including travel bans, restrictions, government assistance and potential sources of replacement financing, financial health of suppliers and customers and their effect on expected profitability and other key financial performance ratios including information that shows whether there will be sufficient liquidity to continue to meet obligations when they are due.

**PEDRO'S LIST, INC.**

**(Formerly Quest Management, Inc.)**

**Notes to Condensed Consolidated Unaudited Financial Statements**

**January 31, 2023 and October 31, 2022**

**NOTE 9 – Related Party Transactions**

A loan amount of $12,500 was due to Custodian of the company on a note payable. The note payable is non-interest bearing, unsecured and is payable on demand. The Company issued 12,500,000 shares of its common stock for $4,375 of the note payable and recorded an $8,125 loss on the transaction.

The Company issued on October 11, 2022 10,000,000 shares to an officer and director of the company valued at $.001 per share for past services.

A note payable in the amount of $25,000 is due to an individual that came onto the Board of Directors October 11, 2022. This amount was reclassified from the regular notes payable to related parties. Interest expense of $1,153 was accrued for the current quarter and $6,516 is due on this note as of January 31, 2023.

**NOTE 10 – Subsequent Events**

In accordance with ASC 855-10, the Company has analyzed its operations subsequent to October 31, 2022 through the date these financial statements were issued and has determined that it has two material subsequent events to disclose in these financial statements.

The Company in February 2023 voted to increase its authorized shares from 750,000,000 to 875,000,000. The authorized Common Stock with remain at 750,000,000 and a new Class of Preferred Stock will be authorized for 125,000,000 Additionally, the par value of the Common Stock will be changed from $.001 to $.00001. The Preferred Stock will have a par value of $.0001.

Additionally, the Company designated 10,000,000 shares of its Preferred Stock to a Class of Series A. The Series A Preferred shares shall have the right to convert a rate of one share for every two hundred and fifty shares of common and will have the right to cast their vote prior to any conversion.

The Board authorized 235,294 shares of restricted common stock to be issued for a consulting agreement on March 6, 2023.

The Board authorized the issuance of 850,000 shares of restricted common stock on March 1, 2023 for a consulting contract.

**ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.**

**<u>CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS</u>**

**Forward-looking Statements**

Statements made in this Quarterly Report, which are not purely historical, are forward-looking statements with respect to the goals, plan objectives, intentions, expectations, financial condition, results of operations, future performance and our business, including, without limitation, (i) our ability to raise capital, and (ii) statements preceded by, followed by or that include the words "may," "would," "could," "should," "expects," "projects," "anticipates," "believes," "estimates," "plans," "intends," "targets" or similar expressions.

Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond our control) that could cause actual results to differ materially from those set forth in the forward-looking statements, including the following, general economic or industry conditions, nationally and/or in the communities in which we may conduct business, changes in the interest rate environment, legislation or regulatory requirements, conditions of the securities markets, our ability to raise capital, changes in accounting principles, policies or guidelines, financial or political instability, acts of war or terrorism, other economic, competitive, governmental, regulatory and technical factors affecting our current or potential business and related matters.

Accordingly, results actually achieved may differ materially from expected results in these statements. Forward-looking statements speak only as of the date they are made. We do not undertake, and specifically disclaim, any obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of such statements.

**Plan of Operation** 

In May 2022, we acquired Pedro's List, LLC which is in the technology business to provide online service to consumers in the Mexican market.

Our plan of operation for the next 12 months is to: (i). execute on the proof of concept and differentiators, (ii) establish the market for our services (iii) assemble a team of highly skilled and experienced people (iii) execute the technology and establish a revenue base for our services. During the next 12 months, our cash requirements include expenses to market our technology; expenses to set up facilities and systems set ups to provide the services to the consumers; the payment of our SEC reporting and filing expenses, including associated legal and accounting fees; and costs incident to maintaining our good standing as a corporation in our state of organization. We anticipate that we will need to raise additional equity funds to successfully commence and operate not only our online technologies but create the system of providers to the consumer. We have no commitments to raise any additional funds at the present time, and we can offer no assurance that we will be able to raise additional funds on terms acceptable to the Company.

**Liquidity and Capital Resources**

As of January 31, 2023, we had total current assets of $29,133 consisting of $23,133 in cash and $6,000 in a note receivable. We had $425,939 in total current liabilities as of January 31, 2023. Our total current liabilities of $425,939 consisted of notes payable $350,815, notes payable-related party of $33,125, accounts payable and accrued expenses of $31,000 and accounts payable and accrued expenses- related party of $10,999. See our Plan of Operation above for information about our cash requirements for the next 12 months.

For a description of the various loans that the Company has outstanding see footnotes 4 and 5 to the Company's financial statements included herein. The Company intends to repay these loans from future revenues and offerings of capital raises, though none have been formally established at the date of this report.

See the Exhibit Index below to determine where copies of the various promissory notes and/or amendments are located. The Company may seek additional loans from third parties on the same or similar terms in the near future on an as needed basis, but the Company can offer no assurance that additional funds will be available to the Company.

**Results of Operations**

**Three months Ended January 31, 2023 Compared Three Months Ended January 31, 2022**

We had no revenues during the quarter ended January 31, 2023.

We incurred general and administrative expenses of $38,738 for the quarter ended January 31, 2023, an increase of $10,498 from the $28,250 of general and administrative expenses incurred during the quarter ended January 31, 2022.

We incurred interest expense of $15,000 in the quarter ended January 31, 2023, an increase of $15,000 from $0 of interest expense incurred in the quarter ended January 31, 2022. The increase is due to the increase in aggregate principal balance of the notes payable in the later period from increased borrowings. We also incurred interest expense-related party of $1,153 in the quarter ended January 31, 2023, an increase of $1,153 from $0 of interest expense incurred in the quarter ended January 31, 2022. We incurred loss from debt conversion of $8,125 in the quarter ended January 31, 2023, an increase of $8,125 from $0 of loss from conversions incurred in the quarter ended January 31, 2022.

We incurred a net loss of $63,019, or approximately $0.00 per share, in the quarter ended January 31, 2023, which is $34,769 more than the net loss of $28,250 incurred in the quarter ended January 31, 2022. The increase in the net loss incurred in the later period is largely attributable to an increase in general and administrative expenses and the increase in interest expense.

**Capital Resources**

The cash flows from operating activities during the quarter ended January 31, 2023, consisted of the following: The net loss of $63,019 partially offset by $8,125 from the non-cash loss from debt conversion, a $5,636 increase in accounts payable and accrued expenses-related party and a decrease in accounts payable of $4,476 resulting in net cash used in operating activities of $53,734.

The cash flows from operating activities during the prior quarter ended January 31, 2022, consisted of the following: The net loss of $28,250 partially offset by a decrease of $6,000 in accounts payable and accrued expenses-related party and an increase of $6,128 in accounts payable and accrued expenses resulting in net cash used in operating activities of $28,122.

The cash flows from financing activities during the quarter ended January 31, 2023 consisted of the following: We received proceeds in notes payable of $59,349, resulting in net cash provided by financing activities of $59,349.

The cash flows from financing activities during the quarter ended January 31, 2022 were $0

**Going Concern**

The Company's financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has sustained operating losses during the current year-to-date and may not achieve the level of profitable operations to sustain its activities. These factors raise substantial doubt as to its ability to obtain debt and/or equity financing and achieve profitable operations.

Management intends to raise additional operating funds to fund operations for the next 12 months through proceeds to be received from the raising funds through equity and/or debt offerings. However, there can be no assurance management will be successful in its endeavors. Ultimately, the Company will need to achieve profitable operations in order to continue as a going concern.

There are no assurances that the Company will be able to either (1) achieve a level of revenues adequate to generate sufficient cash flow from operations; or (2) obtain additional financing through either private placement, public offerings and/or bank financing necessary to support its working capital requirements. To the extent that funds generated from operations and any private placements, public offerings and/or bank financing are insufficient, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company. If adequate working capital is not available to the Company, it may be required to curtail its operations.

**Emerging Growth Company Critical Accounting Policy Disclosure**

The Company qualifies as an "emerging growth company" under the 2012 JOBS Act. 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. As an emerging grown company, the Company can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. The Company may elect to take advantage of the benefits of this extended transition period in the future.

**<u>Off-Balance Sheet Arrangements</u>**

We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.

**ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK**

Smaller reporting companies are not required to provide the information required by this item.

**ITEM 4. CONTROLS AND PROCEDURES.**

**<u>Evaluation of Disclosure Controls and Procedures</u>**

Disclosure controls and procedures are controls and procedures that are designed to ensure that information required to be disclosed in our reports filed under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by our company in the reports that it files or submits under the Exchange Act is accumulated and communicated to our management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. Our management carried out an evaluation under the supervision and with the participation of our Principal Executive Officer and Principal Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures pursuant to Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934 ("Exchange Act"). Based upon that evaluation, our Principal Executive Officer and Principal Financial Officer have concluded that our disclosure controls and procedures were not effective, due to the material weaknesses resulting from the Board of Directors not currently having any independent members and no director qualifies as an audit committee financial expert as defined in Item 407(d)(5)(ii) of Regulation S-K, and controls were not designed and in place to ensure that all disclosures required were originally addressed in our financial statements.

**Changes in Internal Control over Financial Reporting**

Our management has also evaluated our internal control over financial reporting, and there have been no significant changes in our internal controls or in other factors that could significantly affect those controls subsequent to the date of our last evaluation.

The Company is not required by current SEC rules to include, and does not include an auditor's attestation report. The Company's registered public accounting firm has not attested to Management's reports on the Company's internal control over financial reporting.

**PART II. OTHER INFORMATION**

**ITEM 1. LEGAL PROCEEDINGS**

None.

**ITEM 1A. RISK FACTORS**

As a smaller reporting company, we are not required to provide the information required by this item.

**ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS**

On November 22, 2022, the Company issued a total of 12,500,000 to five separate accredited investors in exchange for the conversion of $4,375 worth of an outstanding note payable, or $0.00035 per share. The above referenced shares were issued in reliance on an exemption from registration under the Securities Act of 1933 set forth in Section 4(a)(2) thereof and/or Rule 506 of Regulation D promulgated thereunder as the transaction did not involve a public offering and there was no general solicitation.

**ITEM 3. DEFAULTS UPON SENIOR SECURITIES**

None.

**ITEM 4. MINE SAFTEY DISCLOSURES**

N/A

**ITEM 5. OTHER INFORMAION**

None.

**ITEM 6. EXHIBITS.**

The following exhibits are included with this quarterly filing. Those marked with an asterisk and required to be filed hereunder, are incorporated by reference and can be found in their entirety in our Registration Statement on Form S-1, filed under SEC File Number 333-201215, at the SEC website at www.sec.gov:

---

| | |
|:---|:---|
| **Exhibit**<br> **Number** | <br> **Description** |
| 3.1 | Articles of Incorporation\* |
| 3.2 | Bylaws\* |
| 31.1 | Sec. 302 Certification of Principal Executive Officer |
| 31.2 | Sec. 302 Certification of Principal Financial Officer |
| 32.1 | Sec. 906 Certification of Principal Executive Officer |
| 32.2 | Sec. 906 Certification of Principal Financial Officer |
| 101 | Interactive data files pursuant to Rule 405 of Regulation S-T |

---

**<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.

---

| | | |
|:---|:---|:---|
|  | **PEDRO'S LIST, INC.** | **PEDRO'S LIST, INC.** |
|  | (Registrant) | (Registrant) |
| Dated: March 22, 2023 | By: | */s/ Andrew Birnbaum* |
|  |  | Andrew Birnbaum |
|  |  | (Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer and Sole Director) |

---

## Exhibit 31.1

Exhibit 31.1

CERTIFICATION

I, Andrew Birnbaum certify that:

1. I
 have reviewed this report on Form 10-K for the year ended October 31, 2022.

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 registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are 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:

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 registrant, including its consolidated 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 registrant'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 registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant'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 registrant'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 registrant's internal control over financial reporting.

<br> Date: March 15, 2023

*<u><br> /s/ Andrew Birnbaum</u>*

Andrew Birnbaum

Chief Executive Officer

## Exhibit 31.2

Exhibit 31.2

CERTIFICATION

I, Andrew Birnbaum, certify that:

1. I have reviewed this report on Form 10-K for the year ended October 31, 2022.

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 registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are 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:

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 registrant, including its consolidated 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 registrant'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 registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant'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 registrant'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 registrant's internal control over financial reporting.

Date: March 15, 2023

*<u><br> /s/ Andrew Birnbaum</u>*

Andrew Birnbaum

Chief Financial Officer

## Exhibit 32.1

Exhibit 32.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Annual Report of Pedro's List, Inc. (the "Company") on Form 10-K for the period ended October 31, 2022 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Andrew Birnbaum, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the Sarbanes-Oxley Act of 2002, that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company.

IN WITNESS WHEREOF, the undersigned has executed this certification as of March 15, 2023.

*<u>/s/ Andrew Birnbaum</u>*

Andrew Birnbaum

Chief Executive Officer

## Exhibit 32.2

Exhibit 32.2

CERTIFICATION OF CHIEF FINANCIAL OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Annual Report of Pedro's List, Inc. (the "Company") on Form 10-Q for the year ended October 31, 2022 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Andrew Birnbaum, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the Sarbanes-Oxley Act of 2002, that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company.

IN WITNESS WHEREOF, the undersigned has executed this certification as of March 15, 2022.

*<u>/s/ Andrew Birnbaum</u>*

Andrew Birnbaum

Chief Financial Officer