EDGAR 10-K Filing

Company CIK: 1637242
Filing Year: 2022
Filename: 1637242_10-K_2022_0001493152-22-008315.json

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ITEM 1. BUSINESS

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ITEM 1A. RISK FACTORS
Item 1A. RISK FACTORS
We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

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ITEM 1B. UNRESOLVED STAFF COMMENTS
ITEM 1B. UNRESOLVED STAFF COMMENTS
As a smaller reporting company, we are not required to provide the information pursuant to this Item.

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ITEM 2. PROPERTIES
ITEM 2. PROPERTIES
None.

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ITEM 3. LEGAL PROCEEDINGS
ITEM 3. LEGAL PROCEEDINGS
From time to time, we may become involved in various lawsuits and legal proceedings, which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm business. We are currently not aware of any such legal proceedings or claims that will have, individually or in the aggregate, a material adverse effect on our business, financial condition or operating results.

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ITEM 4. MINE SAFETY DISCLOSURE
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
PART II

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ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY
Item 5. Markets for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Market Information
As of December 31,2021, we had 32 non-affiliated shareholders in our records which held 1,293,000 common shares. Action Stock Transfer Corporation is our transfer agent, located at: 2469 Fort Union Blvd #214, Cottonwood Heights, UT 84121. Phone # (801) 274-1088.
Holders
The company has authorized 75,000,000 Common shares $0.0001 par value.
For the period from January 1, 2020 to December 31, 2020 there were some changes in common stock.
As of December 31, 2020, the Company had issued and outstanding 38,193,000 shares of common stock.
We issued 1,293,000 common shares for cash at a purchase price of $0.01 per share to 31 nonaffiliated shareholders.
We issued 5,000,000 common shares for cash at a purchase price of $0.002 per share to our former director, Mr.Guzii.
30,000,000 shares were issued to Mr.Guzii for repayment of accrued salary on $30,000 and $270,000 of stock compensation value at $0.01 per share. This value was determined based on the previous sale of stock to unrelated parties at $0.01 per share.
Mr. Guzii sold his 35,000,00 shares of common stock for $3,500 to NV Share Services LLC on May 18, 2020.
On May 18, 2020, the company sold 400,000 shares of common stock to NV Share Services, LLC for $4,000.
On August 14, 2020, the company sold 400,000 shares of common stock to NV Share Services, LLC for $4,000
On November 3, 2020, the company sold 800,000 shares of common stock to NV Share Services, LLC for $8,000
December 8, 2020, the company issued 300,000 shares of common stock to our director Mr.Guzii as a salary compensation for the 4th quarter 2020.
As of December 31,2020, there were 38,193,000 shares of the Company’s common stock.
36,600,000 were held by NV Share Services, LLC, 300,000 were held by our director Mr.Guzii, and 1,293,000 were held by 32 non-affiliated shareholders.
Dividends
We have never paid or declared any cash dividends on our common stock, and we do not anticipate paying any cash dividends on our common stock in the foreseeable future. We intend to retain all available funds and any future earnings to fund the development and expansion of our business. Any future determination to pay dividends will be at the discretion of our board of directors and will depend upon a number of factors, including our results of operations, financial condition, future prospects, contractual restrictions, restrictions imposed by applicable law and other factors our board of directors deems relevant.
Equity Compensation Plans
We do not have any equity compensation plans.
Recent Sales of Unregistered Securities
The Company sold 1,600,000 unregistered securities during the reported year ended December 31,2020 to NV Share Services, LLC for $0.01 per share for a total cash consideration of $16,000.
Also, the Company issued 300,000 shares of common stock to Mr.Guzii as a salary compensation for the 4th quarter 2020.

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ITEM 6. SELECTED FINANCIAL DATA
Item 6. Selected Financial Data
Not applicable.

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ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS
Item 7. Management’s discussion and analysis of financial condition and results of operations
Business Development
Strong Solutions, Inc. (the “Company”) was incorporated under the laws of the State of Nevada on June 18, 2014 to engage in the business of real estate management, maintenance and rehabilitation and construction equipment rental in Ukraine. The Company provided this service for companies and individuals outside of the United States of America.
The Company’s current business objective is to seek a business combination with an operating company. We intend to use the Company’s limited personnel and financial resources in connection with such activities. The Company will utilize its capital stock, debt or a combination of capital stock and debt, in effecting a business combination. It may be expected that entering into a business combination will involve the issuance of restricted shares of capital stock. The issuance of additional shares of our capital stock:
● may significantly reduce the equity interest of our stockholders;
● will likely cause a change in control if a substantial number of our shares of capital stock are issued, and most likely will also result in the resignation or removal of our present officer and director; and
● may adversely affect the prevailing market price for our common stock.
Similarly, if we issued debt securities, it could result in:
● default and foreclosure on our assets if our operating revenues after a business combination were insufficient to pay our debt obligations;
● acceleration of our obligations to repay the indebtedness even if we have made all principal and interest payments when due if the debt security contained covenants that required the maintenance of certain financial ratios or reserves and any such covenants were breached without a waiver or renegotiations of such covenants;
● our immediate payment of all principal and accrued interest, if any, if the debt security was payable on demand; and
● our inability to obtain additional financing, if necessary, if the debt security contained covenants restricting our ability to obtain additional financing while such security was outstanding.
Results of Operations for the year ended December 31, 2021 and for the year ended December 31, 2020
For the year ended December 31, 2021 we generated $0 in revenues.
For the year ended December 31, 2021 we had $624,921 company expenses consist of $16,508 general and administration expense, $147,989 of professional fees and $460,425 in Stock based compensation. The stock-based compensation of $460,500 was paid to our CEO Mr. Andrii Guzii. Our loss from operations was $624,921.
For the year ended December 31, 2020 we generated $2,530 in revenues from discontinued operations. Our cash balances were not sufficient to fund our limited levels of operations for any period of time without further revenue or proceeds. NV Share Services LLC purchased 35,000,000 shares of common stock in the Company from Mr. Andrii Guzii May 13, 2020 for cash. Since buying control from Mr. Guzii, NV Share Services LLC has purchased common stock in the Company for $0.01 a share every quarter. There can be no assurances that NV Share Services LLC will continue to purchase shares in the Company. Being a development stage company, we have a limited operating history but had commenced business operations in the Ukraine based upon the amount of limited revenue we have been able to generate.
At the present time, we have not made any arrangements to raise additional cash. If we are unable to raise additional cash, we will either have to suspend operations until we do raise the cash or cease operations entirely.
During the startup period, our operations were limited due to the limited amount of funds on hand. Our goal was to profitably market and rent our construction equipment and sell related property management and property rehabilitation services. This business was discontinued January 1, 2021 due to several lockdowns in the Ukraine due to the Covid 19 Pandemic. The Board of Directors determined that after three years and no growth in revenue in the Ukraine that it would be better for the Company to cancel all Ukraine contracts and focus on new business in the United States.
Liquidity and Capital Resources
As of December 31, 2021, the Company has no business operations and $0 cash resources other than that provided by Management. We are dependent upon interim funding provided by Management or an affiliated party to pay professional fees and expenses. Management and an affiliated party have provided funding as may be required to pay for accounting fees and other administrative expenses of the Company until the Company enters into a business combination. The Company would be unable to continue as a going concern without interim financing provided by Management. As of December 31, 2021, we had $0 in cash. As of December 31, 2020, we had $2,457 in cash.
If we require additional financing, we cannot predict whether equity or debt financing will become available at terms acceptable to us, if at all. The Company depends upon services provided by Management and an affiliated party to fulfill its filing obligations under the Exchange Act. At present, the Company has no financial resources to pay for such services.
The Company does not currently engage in any business activities that provide cash flow. The costs of investigating and analyzing business combinations, maintaining the filing of Exchange Act reports, the investigation, analyzing, and consummation of an acquisition for an unlimited period of time will be paid from additional money contributed by Eric Stevenson, our sole officer and director, or an affiliated party.
During the next 12 months we anticipate incurring costs related to:
● filing of Exchange Act reports;
● franchise fees, registered agent fees, legal fees and accounting fees; and
● investigating, analyzing and consummating an acquisition or business combination.
Cash Flows:
For the years ended
December 31,
Cash Flows from Operating Activities $ (5,200 ) $ (15,313 )
Cash Flows from Investing Activities - -
Cash Flows from Financing Activities 5,200 16,000
Effects of Currency Translations - -
Net increase in cash $ - $ 687
On December 31, 2021 and 2020, we had $0 in current assets and $17,457 in current assets, respectively. As of December 31, 2021 and 2020 we had $284,231 and $126,043 in liabilities and stockholders’ deficit, respectively, consisting of amounts discontinued operations.
We had zero cash flow from operations during the year ended December 31, 2021 and $687 during the fiscal year ended December 31, 2020.
The Company currently plans to satisfy its cash requirements for the next 12 months through borrowings from its CEO or companies affiliated with its CEO and believes it can satisfy its cash requirements so long as it is able to obtain financing from these affiliated parties. The Company expects that money borrowed will be used during the next 12 months to satisfy the Company’s operating costs, professional fees and for general corporate purposes.
The Company has only limited capital. Additional financing is necessary for the Company to continue as a going concern. Our independent auditors have unqualified audit opinion for the years ended December 31, 2021 and 2020 with an explanatory paragraph on going concern.
Critical Accounting Policies
Our significant accounting policies are described in the notes to our financial statements for the twelve months ended December 31, 2021 and 2020, and are included elsewhere in this registration statement.
Going concern assumption.
As of December 31, 2021 and 2020, we had accumulated deficits of approximately $1,142,375 and $492,973, respectively. Our directors are of the opinion that the preparation of these financial statements is based on a going concern and its basis has been stated in Note 3 to the financial statements. Should there be any problem in the going concern of us, all the assets and liabilities have to be stated at net realizable values.
Off-Balance Sheet Arrangements
We had no off-balance sheet arrangements as of December 31, 2021 and 2020.
Seasonality
We believe our operation and sales do not experience seasonality.
Subsequent Events

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ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
ITEM 7A: QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
Not applicable to smaller reporting companies.

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ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
ITEM 8: FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
The audited financial statements of the Company for the fiscal year ended December 31, 2021 and 2020 and the notes thereto are set forth on page through of this Annual Report. The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the U.S., or US GAAP, and pursuant to Regulation S-K as promulgated by the SEC. The financial statements have been prepared assuming the Company will continue as a going concern.

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ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS
ITEM 9: CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
None.

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ITEM 9A. CONTROLS AND PROCEDURES
ITEM 9A: CONTROLS AND PROCEDURES
Evaluation of disclosure controls and procedures
Under the supervision and with the participation of our management, including our principal executive officer/principal financial officer, we conducted an evaluation of our disclosure controls and procedures, as such term is defined under Rule 13a-15(e) and Rule 15d-15(e) promulgated under the Exchange Act, as of December 31, 2021. Based on this evaluation, our principal executive officer and principal financial officer have concluded that our disclosure controls and procedures were effective to ensure that information required to be disclosed by us in the reports we file or submit under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in the SEC’s rules and forms and that our disclosure and controls are designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is accumulated and communicated to our management, including our principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.
Management’s Report on Internal Control over Financial Reporting
Management of the Company is responsible for establishing and maintaining effective internal control over financial reporting as defined in Rule 13a-15(f) under the Exchange Act. The Company’s internal control over financial reporting is designed to provide reasonable assurance to the Company’s management and Board of Directors regarding the preparation and fair presentation of published financial statements in accordance with US GAAP, including those policies and procedures that: (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company, (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with US GAAP and that receipts and expenditures are being made only in accordance with authorizations of management and directors of the company, and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.
Management conducted an evaluation of the effectiveness of internal control over financial reporting based on the framework in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission. Management’s assessment included an evaluation of the design of our internal control over financial reporting and testing of the operational effectiveness of our internal control over financial reporting. Based on this evaluation, Management concluded the Company maintained effective internal control over financial reporting as of December 31, 2021.
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation.
Attestation Report of Registered Public Accounting Firm
This Annual Report on Form 10-K does not include an attestation report of our independent registered public accounting firm, regarding internal controls over financial reporting. Our internal control over financial reporting was not subject to such attestation as we are a smaller reporting company.
Changes in internal controls
There was no change in our internal controls over financial reporting that occurred during the period covered by this report, which has materially affected, or is reasonably likely to materially affect, our internal controls over financial reporting.

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ITEM 9B. OTHER INFORMATION
ITEM 9B. OTHER INFORMATION.
None.
PART III

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ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
Set forth below is information regarding our directors and executive officers as of the date of this Annual Report. The Board is comprised of only one class. All of the directors will serve until the next annual meeting of shareholders and until their successors are elected and qualified, or until their earlier death, retirement, resignation or removal. Officers are elected by and serve at the discretion of the Board. To date we have not had an annual meeting. There are no family relationships between any of our directors or executive officers.
Name
Age
Position(s)
Eric Stevenson
Chairman and Director and Chief Executive Officer
Oscar Kaalstad
Director
David Anderson (1)
Director
(1) David Anderson resigned as President and a Director on January 31st.
The following is a brief biography of each of our executive officers and directors:
Eric Stevenson,
Mr. Stevenson published news online for 19 years as founder of World City Press. He has also provided management consulting and public relations services to various companies through Price Target Media and devotes as much time as possible to the Company.
Oscar Kaalstad,
Mr. Kaalstad works fulltime at Disney Land Florida in a marketing capacity. He devotes as much time as necessary to the affairs of the Board of Directors of the Company.
David Anderson,
Mr. Anderson has been a business administrator for most of his life, working mostly in energy-related areas. Mr. Anderson devoted as much time as necessary to the affairs of the Board of Directors of the Company. He resigned as an officer and director on January 31, 2022, citing his age and other interests he is pursuing. There was no objections or conflicts at the time of his resignation.
Committees of the Board of Directors
Our Board of Directors has not established any committees, including an audit committee, a compensation committee, a nominating committee or any committee performing a similar function. The functions of those committees are being undertaken by our Board. Because we have only one affiliated director and one independent director, the establishment of committees of the Board of Directors would not provide any benefits to our Company and could be considered more form than substance.
Code of Ethics
We have not adopted a code of business conduct and ethics that applies to our directors, officers and all employees.
Family Relationships
There are no family relationships among the directors and executive officers of the Company.
Directors’ Compensation
We have not paid any cash compensation to our Board of Directors for their service as a director.
The Company will reimburse its directors for reasonable expenses in connection with attendance at board and committee meetings. Directors will also be eligible to receive stock options offered by our company from time to time. No options have been granted to any director.
Involvement in Certain Legal Proceedings
To the best of our knowledge, our directors nor any executive officers have not, during the past ten years:
● been convicted in a criminal proceeding or been subject to a pending criminal proceeding (excluding traffic violations and other minor offenses);
● had any bankruptcy petition filed by or against the business or property of the person, or of any partnership, corporation or business association of which he was a general partner or executive officer, either at the time of the bankruptcy filing or within two years prior to that time;
● been subject to any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction or federal or state authority, permanently or temporarily enjoining, barring, suspending or otherwise limiting, his involvement in any type of business, securities, futures, commodities, investment, banking, savings and loan, or insurance activities, or to be associated with persons engaged in any such activity;
● been found by a court of competent jurisdiction in a civil action or by the SEC or the Commodity Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended, or vacated;
● been the subject of, or a party to, any federal or state judicial or administrative order, judgment, decree, or finding, not subsequently reversed, suspended or vacated (not including any settlement of a civil proceeding among private litigants), relating to an alleged violation of any federal or state securities or commodities law or regulation, any law or regulation respecting financial institutions or insurance companies including, but not limited to, a temporary or permanent injunction, order of disgorgement or restitution, civil money penalty or temporary or permanent cease-and-desist order, or removal or prohibition order, or any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or
● been the subject of, or a party to, any sanction or order, not subsequently reversed, suspended or vacated, of any self-regulatory organization (as defined in Section 3(a)(26) of the Exchange Act), any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange Act), or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member.
Corporate Governance
The business and affairs of the Company are managed by our Board of Directors. In addition to the contact information in this Annual Report, each stockholder will be given specific information on how he/she can direct communications to the officers and directors of the Company at our annual stockholders meetings. All communications from stockholders are relayed to the Board of Directors.
Role in Risk Oversight
Our Directors are primarily responsible for overseeing our risk management processes. The board of directors receives and reviews periodic reports from management, auditors, legal counsel, and others, as considered appropriate regarding our company’s assessment of risks. The directors focus on the most significant risks facing our company and our company’s general risk management strategy, and also ensures that risks undertaken by our company are consistent with the board’s appetite for risk. While the board of directors oversees our Company’s risk management, management is responsible for day-to-day risk management processes.
Compliance with Section 16(a) of the Exchange Act
Section 16(a) of the Exchange Act, requires our directors, officers and persons who own more than 10% of our common stock to file with the SEC initial reports of ownership and reports of changes in ownership of common stock and other of our equity securities. To our knowledge, based solely on review of the copies of such reports furnished to us, all Section 16(a) filings applicable to officers, directors and greater than 10% shareholders were not timely made during fiscal year 2021.

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ITEM 11. EXECUTIVE COMPENSATION
ITEM 11. EXECUTIVE COMPENSATION
Summary Compensation Table
The following tables set forth, for each of the last two completed fiscal years of the Company, the total compensation awarded to, earned by or paid to any person who was a principal executive officer during the preceding fiscal year and every other highest compensated executive officer earning more than $100,000 during the last fiscal year (together, the “Named Executive Officers”).
Name and Principal Position Year Salary Bonus Stock Awards Option Awards Non-Equity Incentive Plan
Compensation Deferred Compensation Earnings Other Total
($) ($) ($) ($)
($)
Eric Stevenson 0 0
Treasurer 0 0
Andrii Guzii 460,500 0 460,500
Former CEO 143,500 0 143,500
David Anderson 0 0
Former CEO 0 0
Oscar Kaalstad Director 0 0
0 0
Agreements with Named Executive Officers
Mr. Guzii was our controlling shareholder. He represented the company and provided the services on our behalf to our clients Markus and Protel Management. Mr. Guzii sold his controlling interest to NV Share Services LLC on May 13, 2020. On March 22, 2021 a Special Shareholders Meeting was held at which Mr. Guzii was removed as an officer and director of the Company without prejudice due to the Covid 19 Pandemic, at the request in writing by NV Share Services LLC. On April 5, 2021 a special board meeting was held at which all business in the Ukraine was cancelled, effective January 1, 2021, so that the Company could devote all of its time to finding new business in the United States.
We rented office space from Mr. Guzii in Ukraine for $450 a month. As of January 1, 2021 we are no longer renting office space from Mr. Guzii. We do not have an employment agreement with Mr. Guzii.
A director of Protel Management, Sergii Povaliaiev, also is a shareholder. He holds 25,000 common shares.
On February 24, 2021 the Company issued 750,000 shares of common stock to Mr. Andrii Guzii as compensation for services valued at $460,500. On that same date, the Company issued 608,000 shares of common stock to NV Share Services LLC for cash valued at $6,080.
On June 15, 2021 the Company issued 1,000,000 shares of common stock to Mr. Eric Stevenson as compensation for services valued at $9,882.
On June 15, 2021 the Company issued 1,000,000 shares of common stock to Mr. David Anderson as compensation for services valued at $9,882.
On June 15, 2021 the Company issued 500,000 shares of common stock to Mr. Oscar Kaalstad as compensation for services valued at $4,943.
Pension, Retirement or Similar Benefit Plans
There are no arrangements or plans in which we provide pension, retirement or similar benefits for directors or executive officers. We have no material bonus or profit sharing plans pursuant to which cash or non-cash compensation is or may be paid to our directors or executive officers, except that stock options may be granted at the discretion of the board of directors or a committee thereof.
Compensation of Directors
For the fiscal years ended December 31, 2021 and 2020, we have not paid compensation to any of our directors.
Outstanding Equity Awards
There were no equity awards outstanding as of the end of the fiscal year ending December 31, 2021 and 2020.
Compensation Policies and Practices as They Relate to the Company’s Risk Management
We believe that our current compensation policies and practices for all employees, including executive officers, do not create risks that are reasonably likely to have a material adverse effect on us.
Equity Compensation Plan
The Company currently does not have any equity compensation plans; however, the Company is currently deliberating on implementing an equity compensation plan.
Directors’ and Officers’ Liability Insurance
The Company currently does not have insurance for directors and officers against liability; however, the Company is in the process of investigating the availability of such insurance.
Change of Control Compensatory Plans
As of December 31, 2020, we had no pension plans or compensatory plans or other arrangements which provide compensation in the event of termination of employment or change in control of us.

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ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT RELATED STOCKHOLDERS MATTERS
The following table sets forth certain information as to the number and percentage of shares of Common Stock beneficially owned as of February 22, 2022, (i) by each person known by the Company to own beneficially more than 5% of the Company’s outstanding shares of Common Stock, (ii) by each of the Company’s directors and executive officers, and (iii) by all directors and executive officers as a group. As of February 22, 2022, there were 42,051,000 shares of Common Stock outstanding and percentages are based on such total of shares outstanding.
Beneficial ownership is determined in accordance with SEC rules and generally includes voting or investment power with respect to securities. For purposes of this table, a person or group of persons is deemed to have “beneficial ownership” of any shares of Common Stock that such person has the right to acquire within 60 days of the date of the respective table. For purposes of computing the percentage of outstanding shares of our Common Stock held by each person or group of persons named above, any shares that such person or persons has the right to acquire within 60 days of the date of the respective table is deemed to be outstanding for such person, but is not deemed to be outstanding for the purpose of computing the percentage ownership of any other person. The inclusion herein of any shares listed as beneficially owned does not constitute an admission of beneficial ownership.
Name Number of
Shares Owned (1) Percent of Common Stock Outstanding
Director:
Eric Stevenson (2) 38,208,000 90.86 %
Executive Officers other than Directors:
Directors and executive officers as a group 38,208,000 90.86 %
(1) Unless otherwise indicated, all shares are beneficially owned by the respective individuals. Shares of Common Stock which are subject to stock options exercisable within 60 days of the date of this report are deemed to be outstanding for the purpose of computing the amount and percentage of outstanding Common Stock owned by such person.
(2) Mr. Eric Stevenson is 34% owner of NV Share Services LLC, which holds 37,208,000 shares of Common Stock. Mr. Stevenson directly owns 1,000,000 shares of Common Stock.

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ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE
Other than compensation agreements and other arrangements described in “Management,” and our transactions described below, since our inception there has not been, nor is there currently proposed, any transaction or series of similar transactions to which we were or will be a party:
● in which the amount involved exceeded or will exceed $120,000; and
● in which any current director, executive officer, holder of 5% or more of our shares of Common Stock on an as-converted basis or any member of their immediate family had or will have a direct or indirect material interest.
Related parties payable
During the year 2020, a total of $30,075 in company related expenses such as accounting and audit fees, and filing fees were paid by Eric Stevenson. As of December 31, 2020, $30,075 and accrued interest of $2,364 remains outstanding.
During the year 2021 a total of $105,435 in salaries were accrued for Eric Stevenson ($50,000) and David Anderson ($55,435). As of December 31, 2021, the full amount of $105,435 remains outstanding to both individuals.
Director Independence
Since quotations for our Common Stock are entered on the pink sheet open market platform, which does not have director independence requirements, we only have one independent director.

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ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES
ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES
Audit Fees
For the Company’s fiscal years ended December 31, 2021 and 2020, we were billed approximately $15,030 and $0 for professional services rendered for the audit and review of our financial statements.
Audit Related Fees
There were no fees for audit related services for the years ended December 31, 2021 and 2020.
Tax Fees
For the Company’s fiscal years ended December 31, 2021 and 2020, we engaged our principal auditor, Ben Borgers, P.C, and were billed approximately $nil and $nil, respectively, for professional services rendered for tax compliance, tax advice, and tax planning.
All Other Fees
The Company did not incur any other fees related to services rendered by our principal accountant for the fiscal years ended December 31, 2021 and 2020.
Effective May 6, 2003, the SEC adopted rules that require that before our independent registered public accounting firm is engaged by us to render any auditing or permitted non-audit related service, the engagement be:
● approved by our audit committee; or
● entered into pursuant to preapproval policies and procedures established by the audit committee, provided the policies and procedures are detailed as to the particular service, the audit committee is informed of each service, and such policies and procedures do not include delegation of the audit committee’s responsibilities to management.
We do not have an audit committee. Our CEO preapproves all services provided by our independent registered public accounting firm. However, all of the above services and fees were reviewed and approved by the board of directors for the respective services that were rendered.

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ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES
ITEM 15. FINANCIAL STATEMENTS AND EXHIBITS
(a) FINANCIAL STATEMENTS. The following financial statements are included in this report:
Page
Report of Independent Registered Public Accountant PCAOB ID: 5041
Audited Financial Statements
Balance Sheets as of December 31, 2021 and December 31, 2020
Statements of Operations for the year ended December 31, 2021 and December 31, 2020
Statements of Stockholders’ Equity for the year ended December 31, 2021 and December 31, 2020
Statements of Cash Flows for year ended December 31, 2021 and December 31, 2020
Notes Financial Statements
Report of Independent Registered Public Accounting Firm
To the shareholders and the board of directors of Strong Solutions, Inc.
Opinion on the Financial Statements
We have audited the accompanying balance sheets of Strong Solutions, Inc. (the “Company”) as of December 31, 2021 and 2020, the related statements of operations, stockholders’ equity (deficit), and cash flows for the years then ended, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2021 and 2020, and the results of its operations and its cash flows for the years then ended, in conformity with accounting principles generally accepted in the United States.
Substantial Doubt about the Company’s Ability to Continue as a Going Concern
The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial statements, the Company’s significant operating losses raise substantial doubt about its ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
Basis for Opinion
These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.
Our audit included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion.
/s/ BF Borgers CPA PC
BF Borgers CPA PC
We have served as the Company’s auditor since 2017
Lakewood, CO
March 31, 2022
STRONG SOLUTIONS, INC.
BALANCE SHEETS
December 31,
December 31,
ASSETS
CURRENT ASSETS:
Cash $ - $ -
Total current assets - -
Assets of discontinued operations - 17,457
TOTAL ASSETS $ - $ 17,457
LIABILITIES AND STOCKHOLDERS’ DEFICIT
CURRENT LIABILITIES:
Accounts payable and accrued liabilities 2,371 -
Accounts payable - related party 105,435 -
Note payable - related party 30,075 -
Liabilities of discontinued operations 146,350 143,500
Total current liabilities 284,231 143,500
Commitments and Contingencies - -
STOCKHOLDERS’ DEFICIT
Common stock, par value $0.0001 per share; 75,000,000 shares authorized; 42,051,000 and 38,193,000 shares issued and outstanding as December 31, 2021 and December 31, 2020, respectively 4,205 3,819
Additional paid in capital 853,939 363,111
Accumulated deficit (1,142,375 ) (492,973 )
Total stockholders’ deficit (284,231 ) (126,043 )
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ - $ 17,457
STRONG SOLUTIONS, INC.
STATEMENTS OF OPERATIONS
For the years ended
December 31,
Operating expenses
Stock based compensation - related party 460,425 -
General and Administrative expenses 164,496 -
Total operating expense 624,921 -
Loss from operations (624,921 ) -
Interest expense (2,370 ) -
Loss from disposition of discontinued operations (17,061 ) -
Total other income (expenses) (19,431 ) -
Net loss from continuing operations $ (644,352 ) $ -
Net loss from discontinued operations (5,050 ) (21,200 )
Net loss $ (649,402 ) $ (21,200 )
Net loss per common share - basic and diluted $ (0.02 ) $ (0.00 )
Weighted average common shares outstanding - basic and diluted 40,719,953 36,293,000
STRONG SOLUTIONS, INC.
STATEMENT OF STOCKHOLDERS’ DEFICIT
FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020
Common Stock
Total
Number of Shares Par
Value
Capital
Deficiency Accumulated
Deficit Stockholders’
Deficit
Balance - December 31, 2019 36,293,000 $ 3,629 $ 344,301 $ (457,660 ) $ (109,730 )
-
Stock for cash from NV Shares Service LLC 1,600,000 15,840
16,000
Stock for repayment of accrued salary 300,000 2,970
3,000
Net loss - - - (35,313 ) (35,313 )
Balance - December 31, 2020 38,193,000 $ 3,819.30 $ 363,111 $ (492,973 ) $ (126,043 )
Stock compensation 750,000 75.00 460,425 - 460,500
Common stock issued for cash to related party 526,200 53.00 5,147 - 5,200
Common stock issued for services to related party
2,581,800 258.00 25,256
Net loss
(649,402 ) (649,402 )
Balance - December 31, 2021 42,051,000 $ 4,205.30 $ 853,939 $ (1,142,375 ) $ (284,230 )
STRONG SOLUTIONS, INC.
STATEMENTS OF CASH FLOWS
For the Years Ended December 31,
OPERATING ACTIVITIES:
Net loss from continuing operations $ (644,352 ) $ -
Net loss from discontinued operations (5,050 ) -
Net loss (649,402 ) -
Adjustments to reconcile net loss to net cash (used in) operating activities:
Shares issued to related party for services 25,514 -
Shares issued to CEO 460,500 -
Loss on disposition of discontinued operations 17,457 -
Changes in assets and liabilities
Accounts payable and accrued expenses 105,442 -
Accrued interest 2,364
Loan payable - related party 30,075 -
NET CASH (USED IN) CONTINUED OPERATING ACTIVITIES (5,200 ) -
NET CASH PROVIDED BY DISCONTINUED OPERATING ACTIVITIES 2,850 153,500
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES (5,200 ) 153,500
NET CASH PROVIDED BY CONTINUED INVESTING ACTIVITIES - -
NET CASH USED IN DISCONTINUED INVESTING ACTIVITIES - (25,000 )
NET CASH USED IN INVESTING ACTIVITIES - (25,000 )
Common stock issued to related party 5,200 -
NET CASH PROVIDED BY CONTINUED FINANCING ACTIVITIES 5,200 -
NET CASH USED IN DISCONTINUED FINANCING ACTIVITIES - (126,043 )
NET CASH PROVIDED BY FINANCING ACTIVITIES 5,200 (126,043 )
EFFECT OF EXCHANGE RATE CHANGES - -
NET INCREASE (DECREASE) IN CASH - 2,457
CASH - BEGINNING OF PERIOD - -
CASH - END OF PERIOD $ - $ 2,457
LESS NET CASH FROM DISCONTINUED OPERATIONS - END OF PERIOD - (2,457 )
NET CASH FROM CONTINUING OPERATIONS - END OF PERIOD - -
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:
Cash paid for income taxes - -
Cash paid for interest - -
NON-CASH INVESTING AND FINANCING ACTIVITES:
STRONG SOLUTIONS INC.
NOTES TO FINANCIAL STATEMENTS
FOR THE YEARS ENDED DECEMBER 31, 2021
AND THE YEAR ENDED DECEMBER 31, 2020
NOTE 1 - DESCRIPTION OF BUSINESS
Strong Solutions, Inc. (the “Company”) was incorporated under the laws of the State of Nevada on June 18, 2014 to engage in the business of real estate management, maintenance and rehabilitation and construction equipment rental in Ukraine. The Company provided this service for companies and individuals outside of the United States of America.
As a development-stage enterprise, the Company had no operating revenue from December 31, 2020 through June 30, 2021 as a result of lockdowns from COVID 19 in the Ukraine. As a result, a special shareholders meeting was held on March 22, 2021 and a new board of directors elected.
A special board meeting was then held on April 5, 2021 at which officers were appointed and all business in the Ukraine cancelled, including office rent for Mr. Guzii, resulting in no Commission Revenue generated from Ukrainian clients. The Company is currently devoting substantially all its present efforts to securing and establishing a new business in the United States.
On April 5, 2021 a Special Board Meeting was held at which all contracts, including Mr. Guzii’s office, in the Ukraine were cancelled, effective January 1, 2021, due to the Covid 19 Pandemic and the Company’s focus on new business in the United States. On that same date, David Anderson was appointed President by a majority of the Board of Directors and Eric Stevenson was appointed Treasurer by a majority of the Board of Directors.
On April 05, 2021, the Board of Directors unanimously approved issuing 500,000 shares of common stock to each Director as compensation for serving on the Board. The Board of Directors unanimously approved issuing 500,000 shares of common stock to each Officer as compensation for serving as Management for Strong Solutions, Inc. In addition, each Officer will receive $10,000 a month in compensation and if no funds are available, the compensation shall accrue.
On January 31, 2022, David Anderson resigned as President and member of the board of directors of the Company. On that same date Eric Stevenson was appointed President of the Company on an interim basis by a Quorum of the Board of directors prior to Mr. Anderson’s resignation as a director.
NOTE 2 - GOING CONCERN
The financial statements have been prepared assuming that the Company will continue as a going concern. Currently, the Company has a cash balance of $0 as of December 31, 2021 and net loss from continuing operations of $644,352 for the year ended December 31, 2021. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Management believes that the Company’s capital requirements will depend on many factors including the success of our development efforts and our efforts to raise capital. Management also believes the Company needs to raise additional capital for working purposes. There is no assurance that such financing will be available in the future. The financial statements of the Company do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.
NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Cash and Cash Equivalents
For purposes of reporting within the statements of cash flows, the Company considers all cash on hand, cash accounts not subject to withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with a maturity of 90 days or less to be cash and cash equivalents. There were cash equivalents of $0 at December 31, 2021 and December 31, 2020.
Earnings (Loss) per Share
In accordance with accounting guidance now codified as FASB ASC Topic 260, “Earnings per Share,” basic earnings (loss) per share is computed by dividing net income (loss) by weighted average number of shares of common stock outstanding during each period. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock, common stock equivalents and potentially dilutive securities outstanding during the period.
Use of Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include the assumptions used in valuation of equity-based transactions, valuation of derivative liabilities and valuation of deferred taxes.
Stock Based Compensation
The Company measures the cost of services received in exchange for an award of equity instruments based on the fair value of the award. For employees and directors and non-employees, the fair value of the award is measured on the grant date. The fair value amount is then recognized over the period during which services are required to be provided in exchange for the award, usually the vesting period. Stock-based compensation expense is recorded by the Company in the same expense classifications in the consolidated statements of operations, as if such amounts were paid in cash.
Income Taxes
The Company accounts for income taxes pursuant to FASB ASC Topic 740, Income Taxes. Under FASB ASC Topic 740, deferred tax assets and liabilities are determined based on temporary differences between the bases of certain assets and liabilities for income tax and financial reporting purposes. The deferred tax assets and liabilities are classified according to the financial statement classification of the assets and liabilities generating the differences.
The Company maintains a valuation allowance with respect to deferred tax assets. The Company establishes a valuation allowance based upon the potential likelihood of realizing the deferred tax asset and taking into consideration the Company’s financial position and results of operations for the current period. Future realization of the deferred tax benefit depends on the existence of sufficient taxable income within the carry-forward period under the Federal tax laws.
Changes in circumstances, such as the Company generating taxable income, could cause a change in judgment about the reliability of the related deferred tax asset. Any change in the valuation allowance will be included in income in the year of the change in estimate.
Recent Accounting Pronouncements
Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the SEC did not or in management’s opinion will not have a material impact on the Company’s present or future consolidated financial statements.
NOTE 4 - COMMITMENTS AND CONTINGENCIES
The Company is not currently a party to any material legal proceedings, nor is we aware of any other pending or threatened litigation that would have a material adverse effect on our business, operating results, cash flows or financial condition should such litigation be resolved unfavorable.
NOTE 5 - RELATED PARTY TRANSACTIONS
Mr. Guzii was our controlling shareholder. He represented the company and provided the services on our behalf to our clients Markus and Protel Management. Mr. Guzii sold his controlling interest to NV Share Services LLC on May 13, 2020. On March 22, 2021 a Special Shareholders Meeting was held at which Mr. Guzii was removed as an officer and director of the Company without prejudice due to the Covid 19 Pandemic, at the request in writing by NV Share Services LLC. On April 5, 2021 a special board meeting was held at which all business in the Ukraine was cancelled, effective January 1, 2021, so that the Company could devote all of its time to finding new business in the United States.
We rented office space from Mr. Guzii in Ukraine for $450 a month. As of January 1, 2021 we are no longer renting office space from Mr. Guzii. We do not have an employment agreement with Mr. Guzii.
A director of Protel Management, Sergii Povaliaiev, also is a shareholder. He holds 25,000 common shares.
On February 24, 2021 the Company issued 750,000 shares of common stock to Mr. Andrii Guzii as compensation for services valued at $460,500. On that same date, the Company issued 608,000 shares of common stock to NV Share Services LLC for cash valued at $6,080.
On June 15, 2021 the Company issued 1,000,000 shares of common stock to Mr. Eric Stevenson as compensation for services valued at $9,882.
On June 15, 2021 the Company issued 1,000,000 shares of common stock to Mr. David Anderson as compensation for services valued at $9,882.
On June 15, 2021 the Company issued 500,000 shares of common stock to Mr. Oscar Kaalstad as compensation for services valued at $4,943.
During the year 2020, a total of $30,075 in company related expenses such as accounting and audit fees, and filing fees were paid by Eric Stevenson. As of December 31, 2020, $30,075 and accrued interest of $2,364 remains outstanding.
During the year 2021 a total of $105,435 in salaries were accrued for Eric Stevenson ($50,000) and David Anderson ($55,435). As of December 31, 2021, the full amount of $105,435 remains outstanding to both individuals.
NOTE 6 - COMMON STOCK
The company authorized 75,000,000 Common shares $0.0001 par value.
We issued 300,000 shares of common stock to Andrii Guzii in consideration of expenses incurred on December 9, 2020.
We issued 800,000 shares of common stock to NV Share Services LLC in consideration of $8,000 in cash on December 7, 2020.
We issued 400,000 shares of common stock to NV Share Services LLC in consideration of $4,000 in cash on August 27, 2020.
We issued 400,000 shares of common stock NV Share Services LLC in consideration of $4,000 in cash on May 26, 2020.
We issued 1,293,000 common shares for cash at a purchase price of $0.01 per share to 31 nonaffiliated shareholders.
We issued 5,000,000 common shares for cash at a purchase price of $0.002 per share to our director Mr.Guzii.
30,000,000 shares were issued to our director Mr.Guzii for repayment of accrued salary on $30,000 and $270,000 of stock compensation value at $0.01 per share. This value was determined based on the previous sale of stock to unrelated parties at 0.01 per share.
On February 24, 2021 the Company issued 750,000 of common stock to Mr. Andrii Guzii as compensation for services valued at $460,500. On that same date, the Company issued 608,000 shares of common stock to NV Share Services LLC for cash valued at $5,200 and services valued at $880.
On June 15, 2021 the Company issued a total of 1,000,000 shares of common stock to Mr. Eric Stevenson as compensation for services as both an officer and director valued at $9,882.
On June 15, 2021 the Company issued a total of 1,000,000 shares of common stock to Mr. David Anderson as compensation for services as both an officer and director valued at $9,882.
On June 15, 2021 the Company issued 500,000 shares of common stock to Mr. Oscar Kaalstad as compensation for services valued at $4,943.
As of December 31, 2021, the Company had issued and outstanding 42,051,000 shares of common stock.
NOTE 7 - INCOME TAXES
The Company provides for income taxes under FASB ASC 740, Accounting for Income Taxes. FASB ASC 740 requires the use of an asset and liability approach in accounting for income taxes. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and liabilities and the tax rates in effect currently.
FASB ASC 740 requires the reduction of deferred tax assets by a valuation allowance, if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. In the Company’s opinion, it is uncertain whether they will generate sufficient taxable income in the future to fully utilize the net deferred tax asset. Accordingly, a valuation allowance equal to 100% of the deferred tax asset has also been recorded resulting in no net deferred tax asset. The cumulative deferred tax asset which is calculated by multiplying a 21% estimated tax rate by the cumulative net operating loss (NOL) adjusted for the following items:
SCHEDULE OF INCOME TAXES
For the period ended December 31,
Book loss for the year $ (649,402 ) $ (21,200 )
Adjustments:
Accrued expenses 199,014 -
Stock based compensation 460,425 -
Tax loss for the year 10,037 (21,200 )
Estimated effective tax rate 21 % 21 %
Deferred tax asset $ 2,107.74 $ (4,452.00 )
Details for the last period are as follows:
For the period ended December 31,
Deferred tax asset $ (2,108 ) $ 4,452
Valuation allowance 2,108 (4,452 )
Current taxes payable - -
Income tax expense $ - $ -
NOTE 8 - DISCONTINUED OPERATIONS
The Company has just two contracts for property management and equipment rental in the Ukraine where the Pandemic has affected our business and as a result the Board of Directors has canceled its contracts with both Protel Management and Marcus effective January 1, 2021. The office rented for the Company has also been canceled as of January 1, 2021.
We provide property management services for Protel Management in the Ukraine. We own construction equipment which is rented out to Marcus monthly. Protel’s property is vacant due to the Pandemic. Marcus’ equipment rental stopped due the Pandemic. With no further business interests in the Ukraine, the Company stopped paying office rent as of January 1, 2021, as determined by the Board of Directors.
The major classes of assets and liabilities of Strong Solutions, Inc. at December 31, 2021 and 2020 are as follows:
SCHEDULE OF DISCONTINUED OPERATIONS
December 31, December 31
ASSETS
Current assets
Cash and cash equivalents $ - $ 2,457
Total current assets - -
Non-current assets
Equipment, net - 15,000
Assets of discontinued operations $ - $ 17,457
LIABILITIES
Current liabilities
Related party accrued shareholder salary $ 143,350 $ 140,500
Accounts payable loan from related party 3,000 3,000
Total current liabilities 146,350 143,500
Liabilities of discontinued operations 146,350 143,500
Net (liabilities) assets of discontinued operations $ (146,350 ) $ (126,043 )
NOTE 9 - SUBSEQUENT EVENTS
On January 31, 2022, David Anderson resigned as President and member of the board of directors of the Company. On that same date Eric Stevenson was appointed President of the Company on an interim basis by a quorum of the Board of Directors.
In accordance with ASC 855 the Company’s management reviewed all material events through the date these financial statements were available to be issued, there was only one material subsequent event.
Exhibit No.
Description
31.1
Certification by Chief Executive Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act, (filed hereto)
31.2
Certification by Chief Financial Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act, (filed hereto)
32.1
Certification by Chief Executive Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (filed hereto)
32.2
Certification by Chief Financial Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act, (filed hereto)
Certification by Chief Executive Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (filed hereto)
Strong Solutions, Inc.
Date: March 31, 2022 By: /s/ Eric Stevenson
Eric Stevenson
Chief Executive Officer (Principal Executive Officer)
Date: March 31, 2022 By: /s/ Eric Stevenson
Eric Stevenson
Chief Financial Officer (Principal Financial and Principal Accounting Officer)