# EDGAR Filing Document

**Accession Number:** 0001357878
**File Stem:** 0001472375-23-000024
**Filing Date:** 2023-1
**Character Count:** 66827
**Document Hash:** 4385f015b413d8815f091ccfdf873fa3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001472375-23-000024.hdr.sgml**: 20230124

**ACCESSION NUMBER**: 0001472375-23-000024

**CONFORMED SUBMISSION TYPE**: 10-Q

**PUBLIC DOCUMENT COUNT**: 39

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230124

**DATE AS OF CHANGE**: 20230124

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** REGENEREX PHARMA, INC.
- **CENTRAL INDEX KEY:** 0001357878
- **STANDARD INDUSTRIAL CLASSIFICATION:** PHARMACEUTICAL PREPARATIONS [2834]
- **IRS NUMBER:** 980479983
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 10-Q
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-53230
- **FILM NUMBER:** 23548407

**BUSINESS ADDRESS:**
- **STREET 1:** 5348 VEGAS DRIVE #177
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89108
- **BUSINESS PHONE:** (702) 805-7525

**MAIL ADDRESS:**
- **STREET 1:** 5348 VEGAS DRIVE #177
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89108

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PEPTIDE TECHNOLOGIES, INC.
- **DATE OF NAME CHANGE:** 20180309

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Eternelle Skincare Products Inc.
- **DATE OF NAME CHANGE:** 20170621

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PEPTIDE TECHNOLOGIES, INC.
- **DATE OF NAME CHANGE:** 20111007

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

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**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 10-Q**

**[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934**

For the quarterly period ended December 31, 2022

**[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT**

Commission File No. 000-53230

![](regenerexlogo.gif)

**<u>REGENEREX PHARMA, INC.</u>**

(Exact name of registrant as specified in its charter)

---

| | |
|:---|:---|
| **Nevada** | 98-0479983 |
| (State or other jurisdiction of | (IRS Employer |
| incorporation or organization) | Identification No.) |

---

**<u>5348 Vegas Drive #177</u>**

**<u>Las Vegas, NV 89108</u>**

(Address of principal executive offices)

**<u>(702) 273-3772</u>**

Registrant's telephone number, including area code

________________________

(Former name or former address, if changed since last report.)

Indicate by check mark whether the Registrant (1) has filed all reports required 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 [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 such files).

Yes [X] No [ ]

------

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;Large accelerated filer | [ ] | Accelerated filer | [ ] |
| &nbsp;&nbsp;&nbsp;Non-Accelerated filer | [ ] | Smaller reporting company | [X] |
|  |  | Emerging growth company | [X] |

---

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]

Securities registered pursuant to Section 12(b) of the Act: None

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date.

---

| | |
|:---|:---|
| Class | Outstanding at January 24, 2023 |
| Common stock, $0.001 par value | 277112660 |

---

------

"Explanatory Note Regarding Forward-Looking Statements:"

This Quarterly Report on Form 10-Q contains forward-looking statements which are made pursuant to the safe harbor provisions 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 statements may be identified by such forward-looking terminology as "may," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue" or the negative of these terms or other comparable terminology. Our forward-looking statements are based on a series of expectations, assumptions, estimates and projections about our company, are not guarantees of future results or performance and involve substantial risks and uncertainty. We may not actually achieve the plans, intentions or expectations disclosed in these forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in these forward-looking statements. Our business and our forward-looking statements involve substantial known and unknown risks and uncertainties, including the risks and uncertainties inherent in our statements regarding:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;●&nbsp;&nbsp;&nbsp;&nbsp; our ability to add new customers;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;●&nbsp;&nbsp;&nbsp;&nbsp; the impacts of COVID-19, or other future pandemics on our business, results of operations, financial position and cash flows;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;●&nbsp;&nbsp;&nbsp;&nbsp; the potential benefits of and our ability to maintain our relationships, and establish or maintain future collaborations or strategic relationships or obtain additional funding;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;●&nbsp;&nbsp;&nbsp;&nbsp; our marketing capabilities and strategy;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;●&nbsp;&nbsp;&nbsp;&nbsp; our ability to maintain a cost-effective program;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;●&nbsp;&nbsp;&nbsp;&nbsp; our ability to retain the continued service of our key professionals and to identify, hire and retain additional qualified professionals;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;●&nbsp;&nbsp;&nbsp;&nbsp; our competitive position, and developments and projections relating to our competitors and our industry;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;●&nbsp;&nbsp;&nbsp;&nbsp; our estimates regarding expenses, future revenue, capital requirements and needs for additional financing; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;●&nbsp;&nbsp;&nbsp;&nbsp; the impact of laws and regulations.

All of our forward-looking statements are as of the date of this Quarterly Report on Form 10-Q only. In each case, actual results may differ materially from such forward-looking information. We can give no assurance that such expectations or forward-looking statements will prove to be correct. An occurrence of, or any material adverse change in, one or more of the risk factors or risks and uncertainties referred to in this Quarterly Report on Form 10-Q or included in our other public disclosures or our other periodic reports or other documents or filings filed with or furnished to the U.S. Securities and Exchange Commission (the "SEC") could materially and adversely affect our business, prospects, financial condition and results of operations. Except as required by law, we do not undertake or plan to update or revise any such forward-looking statements to reflect actual results, changes in plans, assumptions, estimates or projections or other circumstances affecting such forward-looking statements occurring after the date of this Quarterly Report on Form 10-Q, even if such results, changes or circumstances make it clear that any forward-looking information will not be realized. Any public statements or disclosures by us following this Quarterly Report on Form 10-Q that modify or impact any of the forward-looking statements contained in this Quarterly Report on Form 10-Q will be deemed to modify or supersede such statements in this Quarterly Report on Form 10-Q.

------

**REGENEREX PHARMA, INC.**

**INDEX TO FORM 10-Q FILING**

**FOR THE NINE MONTHS ENDED DECEMBER 31, 2022 AND 2021**

**TABLE OF CONTENTS**

---

| | | |
|:---|:---|:---|
|  |  | **PAGE** |
| **PART I - FINANCIAL INFORMATION** | **PART I - FINANCIAL INFORMATION** |  |
| [Item 1.](#page_1) | [Financial Statements (Unaudited)](#page_1) | [1](#page_1) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;[Balance Sheets](#page_1) | [1](#page_1) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;[Statements of Operations](#page_2) | [2](#page_2) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;[Statements of Cash Flows](#page_3) | [3](#page_3) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;[Statements of Stockholders' Deficit](#page_4) | [4](#page_4) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#page_5) | [5](#page_5) |
| [Item 2.](#page_11) | [Management Discussion & Analysis of Financial Condition and Results of Operations](#page_11) | [11](#page_11) |
| [Item 3](#page_15) | [Quantitative and Qualitative Disclosures About Market Risk](#page_15) | [15](#page_15) |
| [Item 4.](#page_15) | [Controls and Procedures](#page_15) | [15](#page_15) |
| **PART II - OTHER INFORMATION** | **PART II - OTHER INFORMATION** |  |
| [Item 1.](#page_17) | [Legal Proceedings](#page_17) | [17](#page_17) |
| [Item 2.](#page_17) | [Unregistered Sales of Equity Securities and Use of Proceeds](#page_17) | [17](#page_17) |
| [Item 3.](#page_17) | [Defaults Upon Senior Securities](#page_17) | [17](#page_17) |
| [Item 4.](#page_17) | [Mining Safety Disclosures](#page_17) | [17](#page_17) |
| [Item 5](#page_17) | [Other Information](#page_17) | [17](#page_17) |
| [Item 6.](#page_17) | [Exhibits](#page_17) | [17](#page_17) |
| **CERTIFICATIONS** | **CERTIFICATIONS** |  |
| 31.1 | Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act |  |
| 31.2 | Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act |  |
| 32.1 | Certification of Chief Executive Officer Pursuant to Section 906 of the Sarbanes-Oxley Act |  |
| 32.2 | Certification of Chief Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act |  |

---

------

 **PART I**

**FINANCIAL INFORMATION**

**ITEM 1. FINANCIAL STATEMENTS**

**REGENEREX PHARMA, INC.**

**BALANCE SHEETS**

**(UNAUDITED)**

---

| | | |
|:---|:---|:---|
|  | **December 31, 2022** | **March 31, 2022** |
| **ASSETS** |  |  |
| **Current Assets** |  |  |
| &nbsp;&nbsp;Cash and equivalents | $1203 | $2640 |
| &nbsp;&nbsp;Prepaid expenses | 2500 | 5256 |
| Total Current Assets | 3703 | 7896 |
| Website, net of accumulated amortization of $25,690 and $23,174, respectively | 4910 | 7426 |
| Computer equipment, net of accumulated amortization of $82 and $0, respectively | 1316 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Assets** | $9929 | $15322 |
| **LIABILITIES AND STOCKHOLDERS' DEFICIT** |  |  |
| **Current Liabilities** |  |  |
| &nbsp;&nbsp;Accounts payable | $66125 | $63027 |
| &nbsp;&nbsp;Related party advances | 131887 | 131687 |
| &nbsp;&nbsp;Accrued compensation | 221192 | 221192 |
| &nbsp;&nbsp;Other accrued liabilities | 118301 | 91667 |
| &nbsp;&nbsp;Current portion of notes payable to shareholder | 337369 | 152880 |
| Total Current Liabilities | 874874 | 660453 |
| Notes payable to shareholder, net of current portion | 173712 | 340486 |
| Notes payable to related parties | 38000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Liabilities** | 1086586 | 1000939 |
| Commitments and Contingencies (Note 7) |  |  |
| **Stockholders' Deficit** |  |  |
| Common stock: $0.001 par value: 675,000,000 shares authorized:<br>277,112,660 issued and outstanding at December 31, 2022 and March 31, 2022 | 277113 | 277113 |
| &nbsp;&nbsp;&nbsp;Additional paid-in capital | 671963 | 671963 |
| &nbsp;&nbsp;&nbsp;Accumulated deficit | (2025733) | (1934693) |
| Total Stockholders' Deficit | (1076657) | (985617) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Liabilities and Stockholders' Deficit** | $9929 | $15322 |

---

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

------

**REGENEREX PHARMA, INC.**

**STATEMENTS OF OPERATIONS**

**(UNAUDITED)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Three Months Ended** | **Three Months Ended** | **Nine Months Ended** | **Nine Months Ended** |
|  | **December 31,** | **December 31,** | **December 31,** | **December 31,** |
|  | **2022** | **2021** | **2022** | **2021** |
| **Operating Expenses** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;General and administrative | $28802 | $61975 | $67592 | $94737 |
| &nbsp;&nbsp;&nbsp;Sales and marketing | 300 |  | 300 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Operating Expenses | 29102 | 61975 | 67892 | 94737 |
| **Operating Loss** | (29102) | (61975) | (67892) | (94737) |
| **Other Income (Expense)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Interest expense | (17241) | (14548) | (49365) | (44130) |
| &nbsp;&nbsp;&nbsp;Foreign currency gain (loss) | (3057) | (1889) | 26217 | 483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Other Income (Expense) | (20298) | (16437) | (23148) | (43647) |
| **Loss from Continuing Operations** | (49400) | (78412) | (91040) | (138384) |
| Loss from Discontinued Operations |  | (1022) |  | (8758) |
| Net Loss | $(49400) | $(79434) | $(91040) | $(147142) |
| **Basic and Diluted Loss per Common Share** | $(0.00) | $(0.00) | $(0.00) | $(0.00) |
| **Weighted Average Number of Common Shares Outstanding** | 227112660 | 203743095 | 277112660 | 152749024 |

---

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

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**REGENEREX PHARMA, INC.**

**STATEMENTS OF CASH FLOWS**

**(UNAUDITED)**

---

| | | |
|:---|:---|:---|
|  | **For the Nine Months Ended** | **For the Nine Months Ended** |
|  | **December 31,** | **December 31,** |
|  | **2022** | **2021** |
| **Cash Flows from Operating Activities:** |  |  |
| Net loss | $(91040) | $(147142) |
| &nbsp;&nbsp;&nbsp;&nbsp;Loss from discontinued operations |  | 8758 |
| Adjustments to reconcile net loss to cash flows used in operating activities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Depreciation | 2598 | 2329 |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign currency adjustments | (26217) | (483) |
| &nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation |  | 45000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Changes in operating assets and liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses | 2756 | 1213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable and accrued liabilities | 38763 | 36033 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net cash used in continuing operating activities | (73140) | (54292) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net cash used in discontinued operating activities |  | (8758) |
| Net cash used in operating activities | (73140) | (63050) |
| **Cash Flows from Investing Activities:** |  |  |
| Website |  | (8600) |
| Computer equipment | (1398) |  |
| &nbsp;&nbsp;&nbsp;Net cash used in investing activities | (1398) | (8600) |
| **Cash Flows from Financing Activities:** |  |  |
| Related party advances | 200 | 455 |
| Proceeds from notes payable to shareholder | 34901 | 67082 |
| Proceeds from notes payable to related parties | 40500 |  |
| Partial repayment of note payable to related parties | (2500) |  |
| &nbsp;&nbsp;&nbsp;Net cash provided by financing activities | 73101 | 67537 |
| **Decrease in cash and equivalents** | (1437) | (4113) |
| Cash and cash equivalents, beginning of period | 2640 | 6902 |
| Cash and cash equivalents, end of period | $1203 | $2789 |
| Supplemental Cash Flow Information – Cash Paid For: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Income Taxes | $— | $— |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest | $— | $— |
| Non-Cash Investing and Financing Activities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accrued interest converted into note payable to shareholder | $7211 | $27254 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares issued for the acquisition of intellectual property | $— | $150000 |

---

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

------

 **REGENEREX PHARMA, INC.**

**STATEMENTS OF STOCKHOLDERS' DEFICIT**

**(UNAUDITED)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Common Stock** | **Common Stock** | | | |
|  | **Shares** | **Amount** | <br>**Additional** <br>**Paid-in Capital** | <br>**Accumulated Deficit** | <br>**Stockholders' Deficit** |
| **Balance at** <br>**March 31, 2021** | 127112660 | $127113 | $776963 | $(1739102) | $(835026) |
| Net loss |  |  |  | (67708) | (67708) |
| **Balance at**<br>**September 30, 2021** | 127112660 | $127113 | $776963 | $(1806810) | $(902734) |
| Common stock issued for purchase of intellectual property | 150000000 | 150000 | (150000) |  |  |
| Stock-based compensation |  |  | 45000 |  | 45000 |
| Net loss |  |  |  | (79434) | (79434) |
| **Balance at**<br>**December 31, 2021** | 277112660 | $277113 | $671963 | $(1886244) | $(937168) |
| **Balance at** <br>**March 31, 2022** | 277112660 | $277113 | $671963 | $(1934693) | $(985617) |
| Net loss |  |  |  | (41640) | (41640) |
| **Balance at**<br>**September 30, 2022** | 277112660 | $277113 | $671963 | $(1976333) | $(1027257) |
| Net loss |  |  |  | (49400) | (49400) |
| **Balance at** <br>**December 31, 2022** | 277112660 | $277113 | $671963 | $(2025733) | $(1076657) |

---

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

------

**REGENEREX PHARMA, INC.**

**NOTES TO FINANCIAL STATEMENTS**

**(UNAUDITED)**

**NOTE 1 – NATURE OF OPERATIONS**

Regenerex Pharma, Inc., formerly Peptide Technologies, Inc. (the "Company" or "Regenerex"), was incorporated in the State of Nevada, United States of America, on November 18, 2005. The Company's business was to develop and market proprietary skincare products that was to be sold online. The majority of manufacturing, distribution, marketing, and sales operations was outsourced. The Company's attempt over the past four years to build a business that marketed skincare products online has not come to fruition, so management decided to change the business focus and look for other opportunities.

On November 15, 2021, the Company entered into an Asset Purchase Agreement in which the Company purchased certain intellectual property in exchange for 150,000,000 shares of the Company's common stock and up to $10,000,000 in contingent consideration to be paid at the rate of 15% of all gross revenues received from sales or investment money into the Company, payable on the 15<sup>th</sup> of the following month, for a period of 60 months. The Company received all rights and title to proprietary wound healing technologies platforms and formulas involving the application of wound care protocols to treat all wounds, such as diabetic ulcers, pressure ulcers, burns and surgical wounds. These unique products strategically position the Company to enter the wound treatment market in the U.S.

Management has decided to focus on this new business development. The financial results for periods prior to the abandonment of the previous business line have been reflected in the accompanying statement of operations as discontinued operations as this change represented a strategic shift in our business that had a major effect on our operations and financial results.

*Risks and Uncertainties*

Our business and our forward-looking statements involve substantial known and unknown risks and uncertainties, including the risks and uncertainties inherent in our statements regarding the impacts of COVID-19, or other future pandemics on our business, results of operations, financial position, and cash flows.

The Company has a lack of revenue history and has had a limited history of operations. No revenue has historically been derived from the assets purchased. Regenerex can give no assurance of success or profitability to the Company's investors.

The wound care healing space is well suited for Home Care service providers that are funded by the US Government. The majority of manufacturing and distribution will be outsourced. However, strategic planning and development will be performed internally by the Company.

**NOTE 2 – BASIS OF PRESENTATION OF INTERIM FINANCIAL STATEMENTS**

The Company prepares its financial statements in accordance with accounting principles generally accepted in the United States of America. The accompanying interim unaudited financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X. In our opinion, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included.

Operating results for the nine months ended December 31, 2022, are not necessarily indicative of the results that may be expected for the year ending March 31, 2023. Notes to the unaudited interim financial statements that would substantially duplicate the disclosures contained in the audited financial statements for the year ended March 31, 2022, have been omitted. This report should be read in conjunction with the audited financial statements and the footnotes thereto for the fiscal year ended March 31, 2022, included within the Company's Annual Report on Form 10-K as filed with the Securities and Exchange Commission.

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**NOTE 3 – GOING CONCERN**

These financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP"), which contemplate the continuation of the Company as a going concern. The Company has incurred losses from operations, and as of December 31, 2022, it had excess liabilities over assets of $1,076,657. These factors raise substantial doubt about the Company's ability to continue as a going concern.

The Company requires significant cash to launch its business and reduce its payable. Management's plans are to actively seek capital to enable the Company to add new products and/or services to ultimately achieve profitability. However, management cannot provide assurance that they can raise sufficient capital and whether the Company will ultimately achieve profitability, become cash flow positive, or raise additional debt and/or equity capital. If the Company is unable to raise additional capital in the near future or meet financing requirements, management expects that the Company will need to curtail operations, seek additional capital on less favorable terms, and/or pursue other remedial measures.

These financial statements do not include any adjustments related to the recoverability and classification of assets or the amounts and classification of liabilities that might be necessary should the Company become unable to continue as a going concern.

**NOTE 4 –SIGNIFICANT ACCOUNTING POLICIES**

*Revenue Recognition*

The Company will record revenue under ASC 606 by 1) identifying the contract with the customer 2) identifying the performance obligations in the contract 3) determining the transaction price, 4) allocating the transaction price to the required performance obligations in the contract, and 5) recognizing revenue when or as the companies satisfies a performance obligation.

We expect to generate revenue from home care service providers that are funded by the U.S. Government. The Company defers revenue where the earnings process is not yet complete. To date, no revenue has been generated from the asset acquisition disclosed in Note 1.

*Earnings per Share*

Earnings per share is reported in accordance with FASB Accounting Standards Codification ("ASC") Topic 260 "*Earnings per Share*" which requires dual presentation of basic earnings per share ("EPS") and diluted EPS on the face of all statements of earnings, for all entities with complex capital structures. Diluted EPS reflects the potential dilution that could occur from common shares issuable through the exercise or conversion of stock options, restricted stock awards, warrants and convertible securities. In certain circumstances, the conversion of these options, warrants and convertible securities are excluded from diluted EPS if the effect of such inclusion would be anti-dilutive. Fully diluted EPS is not provided when the effect is anti-dilutive. When the effect of dilution on loss per share is anti-dilutive, diluted loss per share equals the loss per share. As of December 31, 2022, and 2021, the Company does not have any common share equivalents outstanding.

 

*Website*

Expenditures related to the planning and operation of the Company's website are expensed as incurred. Expenditures related to the website application and infrastructure development are capitalized and amortized over the website's estimated useful life of three (3) years. Amortization expense for the three and nine months ended December 31, 2022 and 2021 was $723 and $2,516 and $1,016 and $2,329, respectively.

------

*Computer Equipment*

Expenditures related to the maintenance of the Company's computer equipment are expensed as incurred. Purchase of computer equipment with cost over $500 are capitalized and amortized over the computer's estimated useful life of three (3) years. Amortization expense for the three and nine months ended December 31, 2022, and 2021 was $82 and $82 and $0 and $0 respectively.

*Recent Accounting Pronouncements*

The Financial Accounting Standards Board issued Accounting Standards Updates ("ASU") to amend the authoritative literature in the Accounting Standards Codification ("ASC"). There have been a number of ASUs to date that amend the original text of the ASC. The Company believes those updates issued-to-date either (i) provide supplemental guidance, (ii) are technical corrections, (iii) are not applicable to the Company, or (iv) are not expected to have a significant impact on the Company.

**NOTE 5 – RELATED PARTY TRANSACTIONS**

The Company purchased assets from the Company's current Chief Executive Officer ("CEO") and Secretary/Treasurer (see note 6).

*Related Party Advances*

During the nine-month period ended December 31, 2022, the Company's Chief Financial Officer ("CFO") and the Company's Chief Executive Officer ("CEO") advanced the Company monies for operating expenses in the amount of $200. The related party advances totaled $131,887 and $131,687 as of December 31, 2022, and March 31, 2022, respectively. The related party advances accrue interest at ten (10) percent per annum. Interest expense was $9,922 and $9,879 during the nine-month periods ended December 31, 2022, and 2021, respectively.

*Notes Payable to Related Parties*

On July 29, 2022, the Company's Chief Financial Officer ("CFO") and the Company's Chief Executive Officer ("CEO") were issued a promissory note in the principal amount of $7,500 for monies advanced for operating expenses. November 13, 2022, a partial repayment of $2,500 was made by the Company. The balance outstanding on December 31, 2022, is $5,000 and accrues interest at ten (10) percent per annum with repayment due no later than July 29, 2024.

On November 4, 2022, an additional promissory note was issued to the CFO and the CEO in the amount of $33,000 with repayment due no later than November 4, 2024.

Interest expense was $890 and $0 during the nine-month periods ended December 31, 2022, and 2021, respectively.

*Note Payables to Shareholders*

As at December 31, 2022 and March 31, 2022, the Company had various promissory notes with total outstanding principal balances of $511,081 and $493,366, respectively, due to a shareholder of the Company. These notes are unsecured, bear interest at 10% per annum, and have maturity dates ranging from January 4, 2023, to December 30, 2024.

During the nine months ended December 31, 2022, notes with principal amounts totaling approximately $35,000 ($46,500 Canadian Funds) that came due during the period were reissued in the total principal amount of approximately $46,000 ($55,800 Canadian Funds) which included the principal amount plus accrued interest of approximately $7,000 ($9,300 Canadian Funds).

------

During the nine months ended December 31, 2022, a note with principal amount of $1,074 that came due November 22, 2022, was reissued in the principal amount of $1,289 which included the principal amount plus accrued interest of $215.

The reissued notes are unsecured, bear interest at 10% per annum, and have revised maturity dates ranging from May 20, 2024, to December 30, 2024.

During the nine-month period ended December 31, 2022, a shareholder was issued additional three (3) promissory notes totaling $34,901. These notes are unsecured and bear interest at ten (10) percent per annum with principal and interest due twenty-four (24) months after the date of issue.

Total accrued interest on notes payable to shareholder and related parties and related party advances was $116,901 and $74,748 as of December 31, 2022, and March 31, 2022, respectively, which is included in other accrued liabilities.

**NOTE 6 – INTANGIBLE ASSETS AND INTELLECTUAL PROPERTY**

On November 15, 2021, the Company entered into an Asset Purchase Agreement in which the Company purchased certain intellectual property in exchange for 150,000,000 shares of the Company's common stock and up to $10,000,000 in contingent consideration to be paid at the rate of 15% of all gross revenues received from sales or investment money into the Company, payable on the 15th of the following month, for a period of 60 months. The Company will receive all rights and title to proprietary wound healing technologies platforms and formulas involving the application of wound care protocols to treat all wounds, such as diabetic ulcers, pressure ulcers, burns and surgical wounds. These unique products strategically position the Company to enter and capture a high proportionate market share in the U.S.

The Technology Platforms include but are not limited to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A.&nbsp;&nbsp;&nbsp;&nbsp; Proteomic research platforms which include proprietary blends.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B.&nbsp;&nbsp;&nbsp;&nbsp; Combination design Techniques

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C.&nbsp;&nbsp;&nbsp;&nbsp; Patent Pending Proprietary Blends

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D.&nbsp;&nbsp;&nbsp;&nbsp; Patent Pending Formulas

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E.&nbsp;&nbsp;&nbsp;&nbsp; Trademarks and all pending Trademarks

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F.&nbsp;&nbsp;&nbsp;&nbsp; 510K USA FDA, information and Know-how for application

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G.&nbsp;&nbsp;&nbsp;&nbsp; All Clinical trials, (Right to use)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H.&nbsp;&nbsp;&nbsp;&nbsp; CE mark (International)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;I.&nbsp;&nbsp;&nbsp;&nbsp; Regenerex Library formula incorporated in the Wound Healing Technology.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;J.&nbsp;&nbsp;&nbsp;&nbsp; Wound Healing Technology QBX

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;K.&nbsp;&nbsp;&nbsp;&nbsp; Synthetic Compositions of Cations derived from botanical material in the ash of Red- Oak Bark.

Products:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp; Xcellderma over the counter product.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp; Accelerex, combination product as a drug device.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp; Accelerex in a tube.

**NOTE 7 – COMMITMENTS AND CONTINGENCIES**

The Company is not currently involved with and does not have knowledge of any pending or threatened litigation against the Company or any of its officers.

See Note 6 for discussion of the $10,000,000 in contingent consideration to be paid in connection with the November 15, 2021 Asset Purchase Agreement. To date, no amounts have been payable under this agreement.

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**NOTE 8 – SUBSEQUENT EVENTS**

On January 4, 2023, one note to a shareholder that was originally due on January 4, 2023, with a principal amount of approximately $400 ($500 Canadian Funds) was reissued in the principal amount of approximately $450 ($600 Canadian Funds) which included the original principal amount plus interest accrued as at January 4, 2023 in the amount of approximately $80 ($100 Canadian Funds). Repayment of the note is due no later than January 4, 2025.

On January 5, 2023, one note to a shareholder that was originally due on January 5, 2023, with a principal amount of approximately $400 ($500 Canadian Funds) was reissued in the principal amount of approximately $450 ($600 Canadian Funds) which included the original principal amount plus interest accrued as at January 5, 2023 in the amount of approximately $80 ($100 Canadian Funds). Repayment of the note is due no later than January 5, 2025.

On January 11, 2023, one note to a shareholder that was originally due on January 5, 2023, with a principal amount of approximately $800 ($1,000 Canadian Funds) was reissued in the principal amount of approximately $900 ($1,200 Canadian Funds) which included the original principal amount plus interest accrued as at January 11, 2023 in the amount of approximately $150 ($200 Canadian Funds). Repayment of the note is due no later than January 11, 2025.

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**ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS**

In this Quarterly Report, "Company," "our company," "us," and "our" refer to Regenerex Pharma, Inc., unless the context requires otherwise.

**Forward-Looking Statements**

The following information contains certain forward-looking statements. Forward-looking statements are statements that estimate the happening of future events and are not based on historical fact. Forward-looking statements may be identified by the use of forward-looking terminology, such as "may," "could," "expect," "estimate," "anticipate," "plan," "predict," "probable," "possible," "should," "continue," or similar terms, variations of those terms or the negative of those terms. The forward-looking statements specified in the following information have been compiled by our management on the basis of assumptions made by management and considered by management to be reasonable. Our future operating results, however, are impossible to predict and no representation, guaranty, or warranty is to be inferred from those forward-looking statements.

***Estimated COVID-19 impacts and uncertainties***

COVID-19 has severely impacted, and is expected to continue to impact, the economies of the U.S. and other countries around the world COVID-19 has created significant public health concerns as well as significant volatility, uncertainty, and economic disruption in every region in which we operate, all of which have adversely affected and may continue to adversely affect our industries and our business operations. Further, financial and credit markets have experienced and may again experience volatility.

Beginning in our first fiscal quarter of 2020, the novel coronavirus known as "COVID-19" began to spread throughout the world, resulting in a global pandemic. The pandemic triggered a significant downturn in global commerce as early as February 2020 and the challenging market conditions have continued throughout the second half of fiscal 2020 through 2021 and into the first half of fiscal 2022 and may continue for an extended period.

COVID-19 continued to affect global economic conditions during the nine months ended December 31, 2022. The Company expects this will continue in the Company's fourth quarter. The situation surrounding COVID-19 remains fluid, and we are actively managing our response in collaboration with team members and business partners and assessing potential impacts to our financial position and operating results, as well as developments in our business.

**Discontinued Operations and New Developments**

The business of Regenerex Pharma, Inc. (formerly Peptide Technologies, Inc.), (the "Company"), had been to develop and market skincare products. The Company was doing business as Eternelle Skincare Products. The Company, was, using proprietary peptide / collagen blends, and was developing a number of skincare products that demonstrated strong efficacy in providing youthful, healthy skin and significant anti-aging benefits to both women and men. These objectives have not been realized, and the Company has abandoned its efforts in this area.

On November 15, 2021, the Company entered into an Asset Purchase Agreement in which the Company purchased certain intellectual property in exchange for 150,000,000 shares of the Company's common stock and up to $10,000,000 in contingent consideration to be paid at the rate of 15% of all gross revenues received from sales or investment money into the Company, payable on the 15<sup>th</sup> of the following month, for a period of 60 months. The Company will receive all rights and title to proprietary wound healing technologies platforms and formulas involving the application of wound care protocols to treat all wounds, such as diabetic ulcers, pressure ulcers, burns and surgical wounds. These unique products strategically position the Company to enter and capture a high proportionate market share in the U.S.

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**Business of Issuer**

The business of Regenerex Pharma, Inc., (the "Company" or "Regenerex Pharma,"), is to develop and market Woundcare Healing products. The Company has three technologies for different types of wound conditions:

• <u>The first is for closing chronic wounds,</u> 

• <u>the second is for accelerating closure of acute or surgical wounds, and</u> 

• <u>the third solves the issue on contamination of all types of wounds including the destruction of biofilms</u>. 

The current product technology provides the Company a number of complete wound care protocols to treat all wounds, such as diabetic ulcers, pressure ulcers, burns and surgical wounds. These unique products strategically position the Company to enter and capture a high proportionate market share in the U.S. and global markets.

Products:

1. Xcellderma OTC - Liquid Bandage Skin Protectant Xcellderma™ products are sterile wound dressings and are effective for treating diabetic foot ulcers, pressure ulcers, and other chronic wounds. During the last several years, a scientific and medical consensus has emerged that elevated protease levels impede wound healing. QBx™ the active ingredient down regulates the production of certain proteases and matrix metalloproteases, or MMPs, which are protein enzymes that are proven to impede the healing of a majority of chronic wounds. Approximately 80% of chronic wounds display elevated levels of proteases (including MMPs).

2. Accelerex Sterile Wound Cream - The first commercially available medical device, Accelerex, is for the treatment of a wide variety of chronic and acute wounds. Accelerex is a custom-designed, FDA and CE approved unit-dose, sterile wound dressing impregnated with an ointment containing QBx. Chronic wounds are generally defined as wounds that have not healed after thirty days of consistent clinical treatment, and include diabetic ulcers, burns, pressure ulcers (bedsores), and venous stasis ulcers. The Company's broadly enabling technology was discovered from oak bark extract and referred to as QBx™.

3. Accelerex Impregnated Sterile Wound Dressing - For use as a wound dressing to manage pressure ulcers (stages I-IV), stasis ulcers, diabetic skin ulcers, skin irritations, cuts, and abrasions. FDA-cleared, prescription-only combination device that blends the benefits of a wound dressing with two drug components. Provides 3 modes of action to help treat acute and chronic wounds: Protective dressing, moisturizing ointment and 2 drug components: rubidium chloride and potassium chloride.

QBx™ contributes to setting up a suitable environment to allow wounds to close. Other than the products marketed by the Company, there are no products currently available on the market that are successful in healing chronic, non-healing wounds through the down regulation of proteases. Other modern wound dressings such as hydrocolloids and collagens absorb wound fluids, but these dressings do not impact the cellular environment with simple gauze and gauze-like dressings to cover and protect the wound.

Our products have shown to be very effective in healing chronic wounds in multiple clinical evaluations, with 63% to 94% of wounds demonstrating closure. All our products feature our proprietary QBx™ ingredients which contribute to setting up a suitable environment to allow wounds to close.

Wounds that do not heal remain open and are at risk for infection. The lack of healing ultimately could lead to amputation, severe medical complications, and in some cases, death. Closing wounds is a paramount concern to health care professionals and patients alike.

Chronic wounds impose significant costs to the US economy. Chronic wounds are a growing issue in the United States, causing immense patient pain and suffering as well as substantial economic and social cost. Although precise information on the prevalence of chronic wounds in the US is unavailable, it is estimated that, as of 2017, there were more than 6.2 million Americans suffering from chronic wounds. Chronic wounds are generally defined as wounds that have not healed after ninety days of consistent clinical treatment, and include diabetic foot ulcers, pressure ulcers (bedsores), and venous stasis ulcers, however this does not include acute wounds.

------

The most common chronic wounds are diabetic foot ulcers and pressure ulcers. The increasing number of Americans with diabetes and obesity we well as the aging population will likely cause the number of individuals with chronic wounds to continue to rise. In addition to the immeasurable human benefits of improving treatment outcomes, there would be substantial economic effect. The costs of medical treatment could be expected to decrease, and, as patients are able to return to work sooner, productivity would increase.

Due to the staggering costs associated with chronic wounds in the US, the Affordable Healthcare Act (AHA) is changing how the entire wound care system is reimbursed in the US. Now all four markets segments: hospital, nursing homes, home health, and general wound care clinics are all on paid on a "pay for performance basis." These cost pressures in the healthcare system are a major issue in the wound care market, with the US government and payors seeking new approaches that address cost constraints and product performance. Home health is now paid on a "diagnostic code" for the wound in single payments removing the risk from the Payee to the Payer. The Company's first markets will be those segments that are totally "at risk" for single payments to close the wounds. Today, the fastest growing segment in the US wound market is Home Health and Nursing Homes due to the aging population

The Company has purchased proprietary wound care formulations, and the Company is using internationally recognized experts in the manufacturing of specialized, professional quality products that meet the demands of the USA markets. We expect to launch our sales initiative during the Company's fourth quarter of 2023.

**Financial Results and Trends**

 

*Results of Operations for the Nine Months Ended December 31, 2022, and 2021*

At present, the Company has $0 revenue during the nine months ended December 31, 2022, and 2021, respectively. Net loss decreased from $147,142 for the nine months ended December 31, 2021, to $91,040 for the nine months ended December 31, 2022, due to discontinued operations loss in the nine-month period ended September 30, 2021, lower office expense, accounting fees, professional fees, and higher foreign exchange gains offset by lesser increase in filing fees and website expenses.

*Liquidity and Capital Resources*

The Company requires significant cash to launch its business and reduce its payables. Management's plans are to actively seek capital to enable the Company to add new products and/or services to ultimately achieve profitability. However, management cannot provide assurance that they can raise sufficient capital and whether the Company will ultimately achieve profitability, become cash flow positive, or raise additional debt and/or equity capital. The Company's primary sources of liquidity and capital resources have been notes payable, which are not sufficient prospectively. These factors raise substantial doubt about the Company's ability to continue as a going concern. If the Company is unable to raise additional capital in the near future or meet financing requirements, the Company may need to curtail or alter its plan of operations, seek additional capital on less favorable terms, and/or pursue other remedial measures.

*Cash Flow*

The following table summarizes, for the periods indicated, selected items in our condensed Statements of Cash Flows:

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| | | |
|:---|:---|:---|
|  | **Nine months Ended** | **Nine months Ended** |
|  | **December 31,** | **December 31,** |
|  | **2022** | **2021** |
| Net cash (used in) provided by: |  |  |
| &nbsp;&nbsp;Operating activities | $(73140) | $(63050) |
| &nbsp;&nbsp;Investing activities | $(1398) | $(8600) |
| &nbsp;&nbsp;Financing activities | $73101 | $67537 |

---

------

 

*Operating Activities*

Cash used in operating activities was $73,140 and $63,050 for the nine months ended December 31, 2022, and 2021, respectively. The increase in cash used in operating activities was primarily due to discontinued operations loss in the nine-month period ended September 30, 2021, increase filing fees, and website expenses offset by a lesser decrease in office supplies, accounting fees and professional fees,

*Investing Activities*

 

Cash used in investing activities was $1,398 and $8,600 for the nine months ended December 31, 2022, and 2021. The decrease in cash used in investing activities was due to a decrease in Website Development.

 

*Financing Activities*

 

Cash provided by financing activities was $73,101 and $67,537 for the nine months ended December 31, 2022, and 2021, respectively. The increase in cash provided by financing activities was primarily due to an increase in notes payables issued to related parties.

*Off-Balance Sheet Arrangements*

None.

------

**WHERE YOU CAN FIND MORE INFORMATION**

You are advised to read this Quarterly Report on Form 10-Q in conjunction with other reports and documents that we file from time to time with the SEC. In particular, please read our Registration Statement on Form 10-12G, Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K, and Current Reports on Form 8-K that we file from time to time. You may obtain copies of these reports directly from us or from the SEC at the SEC's Public Reference Room at 100 F. Street, N.E. Washington, D.C. 20549, and you may obtain information about obtaining access to the Reference Room by calling the SEC at 1-800-SEC-0330. In addition, the SEC maintains information for electronic filers at its website <u>http://www.sec.gov.</u>

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

We had no material changes in market risk from those described in "Item 2—Quantitative and Qualitative Disclosures about Market Risk" of our Annual Report on Form 10-K.

**ITEM 4. CONTROLS AND PROCEDURES**

This report includes the certification of our Chief Executive Officer required by Rule 13a-14 of the Securities Exchange Act of 1934 (the "Exchange Act"). See Exhibits 31.1 and 31.2. This Item 4 includes information concerning the controls and control evaluations revered to in those certifications.

*Evaluation of Disclosure Controls and Procedures*

 

We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in the reports we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's (the "SEC") rules and forms and that such information is accumulated and communicated to our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow for timely decisions regarding required disclosure.

Under the supervision and with the participation of management, including the principal executive officer and principal financial officer, the Company conducted an evaluation of the effectiveness of internal control over financial reporting. This assessment was based on the framework in Internal Control – Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based on this evaluation under the framework in Internal Control – Integrated Framework, management concluded that the Company maintained effective internal control over financial reporting as of December 31, 2022, as such term is defined in Exchange Act Rule 13a-15(f).

In designing and evaluating the disclosure controls and procedures, management recognizes 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 is required to apply its judgment in evaluating the cost-benefit relationship of possible controls and procedures. Our disclosure controls and procedures were designed to provide reasonable assurance that the controls and procedures would meet their objectives.

As required by SEC Rule 13a-15(b), our Chief Executive Officer and Chief Financial Officer need to carry out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures as of the end of the period covered by this report. Based on the foregoing, our Chief Executive Officer concluded that our disclosure controls and procedures were effective as of December 31, 2022.

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

 

Our Chief Executive Officer and the Chief Financial Officer are responsible for establishing and maintaining adequate internal control over financial reporting and for the assessment of the effectiveness of our internal control over financial reporting. Internal control over financial reporting (as defined in Rules 13a-15(f) and 15d(f) under the Exchange Act) is a process designed to provide reasonable assurance regarding the reliability of financial reporting

------

and the preparation of financial statements for external reporting purposes in accordance with U.S. GAAP. Internal control over financial reporting includes those policies and procedures that (a) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of assets, (b) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with GAAP, (c) provide reasonable assurance that receipts and expenditures are being made only in accordance with appropriate authorization of management and the Board of Directors, and (d) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of assets that could have a material effect on the financial statements.

In connection with the preparation of this Quarterly Report on Form 10-Q for the quarter ended December 31, 2022, our Chief Executive Officer and Chief Financial Officer have concluded that our internal controls and procedures over financial reporting were effective as of December 31, 2022.

*Inherent Limitations on Internal Controls*

 

It should be noted that any system of controls, however well designed and operated, can provide only reasonable and not absolute assurance that the objectives of the control system are met. In addition, the design of any control system is based in part upon certain assumptions about the likelihood of certain events. Limitations inherent in any control system include the following:

● Judgments in decision-making can be faulty, and control and process breakdowns can occur because of simple errors or mistakes;

● Controls can be circumvented by individuals, acting alone or in collusion with others, or by management override;

● The design of any system of controls is based in part on certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions;

● Over time, controls may become inadequate because of changes in conditions or deterioration in the degree of compliance with associated policies or procedures; and

● The design of a control system must reflect the fact that resources are constrained, and the benefits of controls must be considered relative to their costs.

Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, have been detected.

------

**PART II**

**OTHER INFORMATION**

**ITEM 1. LEGAL PROCEEDINGS**

As of December 31, 2022, the Company is not involved in any material litigation.

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

During the nine months ended December 31, 2022, Regenerex did not sell any unregistered equity securities.

**ITEM 3. DEFAULTS UPON SENIOR SECURITIES**

Not applicable.

**ITEM 4. MINING SAFETY DISCLOSURES**

Not applicable.

**ITEM 5. OTHER INFORMATION**

There is no information with respect to which information is not otherwise called for by this form.

**ITEM 6. EXHIBITS**

<u>Exhibits</u>

---

| | |
|:---|:---|
| 3.0 | Articles of Incorporation. Incorporated by reference to the Registrant's Form 10-12G filed on July 28, 2017. |
| 3.1 | Amended Articles of Incorporation. Incorporated by reference to the Registrant's Form 10-12G filed on July 28, 2017. |
| 3.2 | Amended Articles of Incorporation. Incorporated by reference to the Registrant's Form 10-12G filed on July 28, 2017. |
| 3.3 | Corporate Bylaws. Incorporated by reference to the Registrant's Form 10-12G filed on July 28, 2017. |
| 10.1 | Advance from Shareholder of Regenerex Pharma, Inc. Incorporated by reference to the Registrant's Form 10-12G filed on July 28, 2017. |
| [31.1](exhibit31-1.htm) | [Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act](exhibit31-1.htm) |
| [31.2](exhibit31-2.htm) | [Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act](exhibit31-2.htm) |
| [32.1](exhibit32-1.htm) | [Certification of Chief Executive Officer Pursuant to Section 906 of the Sarbanes-Oxley Act](exhibit32-1.htm) |
| [32.2](exhibit32-2.htm) | [Certification of Chief Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act](exhibit32-2.htm) |

---

------

**SIGNATURES**

Pursuant to the requirements of Section 13 or 15(d) 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.

---

| | | |
|:---|:---|:---|
| Registrant | *Regenerex Pharma, Inc.* | *Regenerex Pharma, Inc.* |
| Date: January 24, 2023 | *By:*  | */s/ Gregory Pilant* |
|  | Gregory Pilant | Gregory Pilant |
|  | Chief Executive Officer | Chief Executive Officer |

---

------

## Exhibit 31.1

------

**Exhibit 31.1**

**Certification pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 and pursuant to Rule 13a-14(a) and Rule 15d-14 under the Securities Exchange Act of 1934 for the period ending December 31, 2022**

I, Gregory Pilant, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this Quarterly Report on Form 10-Q of Regenerex Pharma, Inc.;

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:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 registrant, 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 registrant's disclosure 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 evaluations: 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 that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.

---

| | | |
|:---|:---|:---|
| Registrant | *Regenerex Pharma, Inc.* | *Regenerex Pharma, Inc.* |
| Date: January 24, 2023 | *By:* | */s/ Gregory Pilant* |
|  | Gregory Pilant | Gregory Pilant |
|  | Chief Executive Officer (Principal Executive Officer) | Chief Executive Officer (Principal Executive Officer) |

---

------

## Exhibit 31.2

------

**Exhibit 31.2**

**Certification pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 and pursuant to Rule 13a-14(a) and Rule 15d-14 under the Securities Exchange Act of 1934 for the period ending December 31, 2022**

I, Deborah Pilant, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this Quarterly Report on Form 10-Q of Regenerex Pharma, Inc.;

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 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 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 evaluations: 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 that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 the registrant's board of directors (or persons performing the equivalent functions):

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.

---

| | | |
|:---|:---|:---|
| Registrant | *Regenerex Pharma, Inc.* | *Regenerex Pharma, Inc.* |
| Date: January 24, 2023 | *By:* | */s/ Deborah Pilant* |
|  | Deborah Pilant | Deborah Pilant |
|  | Chief Financial Officer (Principal Financial Officer) | Chief Financial Officer (Principal Financial Officer) |

---

------

## Exhibit 32.1

------

**Exhibit 32.1**

**CERTIFICATIONS PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002**

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

In connection with the Quarterly Report of Regenerex Pharma, Inc. (the 'Company') on Form 10-Q for the period ending December 31, 2022 as filed with the Securities and Exchange Commission on the date hereof (the 'Report'), I, Gregory Pilant, 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;(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

&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.

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| | | |
|:---|:---|:---|
| Registrant | *Regenerex Pharma, Inc.* | *Regenerex Pharma, Inc.* |
| Date : January 24, 2023 | *By:* | */s/ Gregory Pilant* |
|  | Gregory Pilant | Gregory Pilant |
|  | Chief Executive Officer (Principal Executive Officer) | Chief Executive Officer (Principal Executive Officer) |

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## Exhibit 32.2

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**Exhibit 32.2**

**CERTIFICATIONS PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002**

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

In connection with the Quarterly Report of Regenerex Pharma, Inc. (the 'Company') on Form 10-Q for the period ending December 31, 2022 as filed with the Securities and Exchange Commission on the date hereof (the 'Report'), I, Irene Getty, 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;(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

&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.

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| | | |
|:---|:---|:---|
| Registrant | *Regenerex Pharma, Inc.* | *Regenerex Pharma, Inc.* |
| Date: January 24, 2023 | *By:* | */s/ Deborah Pilant* |
|  | Deborah Pilant | Deborah Pilant |
|  | Chief Financial Officer (Principal Financial Officer) | Chief Financial Officer (Principal Financial Officer) |

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