Form 10-Q - Quarterly report [Sections 13 or 15(d)]

Table of Contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

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

For the quarterly period ended September 30, 2023

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

For the transition period from _____to_____

Commission File Number: 000-30451

ELINE ENTERTAINMENT GROUP, INC.

(Exact name of registrant as specified in its charter)

Wyoming

88-0429856

(State of other jurisdiction of

incorporation or organization)

(IRS Employer

Identification No.)

1113, Tower 2, Lippo Centre, 89 Queensway, Admiralty, Hong Kong 0000

(Address of Principal Executive Offices) (Zip Code)

+852 3703 6155

(Registrant’s telephone number, including area code)

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

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
N/A	N/A	N/A

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

Indicate by check mark whether the registrant has submitted electronically 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 ☐ No ☒

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, 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.

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☒	Smaller reporting company	☒
Emerging growth company	☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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

As of September 30, 2023, there were 8,524,529,727 shares outstanding of the registrant’s Common Stock.

ELINE ENTERTAINMENT GROUP, INC.

TABLE OF CONTENTS

		Page No.
	PART I. FINANCIAL INFORMATION

ITEM 1.	FINANCIAL STATEMENTS.	3
	Condensed Balance Sheets as of September 30, 2023 (Unaudited) and December 31, 2022 (Audited)	3
	Condensed Statements of Operations for the Three and Nine Months ended September 30, 2023 and 2022 (Unaudited)	4
	Condensed Statements of Changes in Stockholders’ Deficit for the Nine Months ended September 30, 2023 and 2022 (Unaudited)	5
	Condensed Statements of Cash Flows for the Nine Months ended September 30, 2023 and 2022 (Unaudited)	6
	Notes to Condensed Financial Statements (Unaudited)	7

ITEM 2.	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.	13

ITEM 3.	Quantitative and Qualitative Disclosures about Market Risk.	15

ITEM 4.	CONTROLS AND PROCEDURES.	15

	PART II. OTHER INFORMATION

ITEM 1.	Legal Proceedings.	17

ITEM 1A.	RISK FACTORS.	17

ITEM 2.	Unregistered Sales of Equity Securities and Use of Proceeds.	17

ITEM 3.	Defaults Upon Senior Securities.	17

ITEM 4.	Mine Safety Disclosures.	176

ITEM 5.	OTHER INFORMATION.	17

ITEM 6.	EXHIBITS.	17

SIGNATURES		18

PART I. FINANCIAL INFORMATION

Item 1. Financial Statements

Eline Entertainment Group, Inc.

BALANCE SHEETS

	September 30,			December 31,
	2023			2022
		(Unaudited)			(Audited)
Assets
Current Assets
Cash	$	–		$	–
Total Current Assets		–			–
Total Assets	$	–		$	–

Liabilities and Stockholders’ Deficit
Current Liabilities
Accounts payable and accrued expenses	$	14,553		$	–
Due to related party		25,278			2,501
Total Current Liabilities		39,831			2,501
Total Liabilities		39,831			2,501

Commitment & contingencies		–			–

Stockholders' Deficit
Preferred Stock, Series D, $0.001 par value; 1,000,000 shares authorized, 1 and 1 shares issued and outstanding, respectively		–			–
Common Stock, $0.001 par value; 20,000,000,000 shares authorized, 8,524,529,727 and 8,524,529,727 shares issued and outstanding, respectively		8,524,530			8,524,530
Additional paid-in capital		6,566,159			6,566,159
Accumulated loss		(15,130,520	)		(15,093,190	)
Total Stockholders' Deficit		(39,831	)		(2,501	)
Total Liabilities and Stockholders' Deficit	$	–		$	–

See accompanying notes to unaudited financial statements

Eline Entertainment Group, Inc.

STATEMENTS OF OPERATIONS

Unaudited


	Three Months Ended						Nine Months Ended
	September 30,			September 30,			September 30,			September 30,
	2023			2022			2023			2022
Revenues	$	–		$	–		$	–		$	–

Operating expenses
Professional fees		12,250			1,000			34,250			18,500
Other general & administrative expense		1,699			1,501			3,080			2,714
Total operating expenses		13,949			2,501			37,330			21,214

Loss from operations		(13,949	)		(2,501	)		(37,330	)		(21,214	)

Other Income (Expenses)
Interest income (expense)		–			–			–			–
Total other income (expenses)		–			–			–			–

Net loss before income tax		(13,949	)		(2,501	)		(37,330	)		(21,214	)
Income tax expense		–			–			–			–
Net loss	$	(13,949	)	$	(2,501	)	$	(37,330	)	$	(21,214	)

Earnings (Loss) per Share - Basic and Diluted	$	(0.000	)	$	(0.000	)	$	(0.000	)	$	(0.000	)
Weighted Average Shares Outstanding - Basic and Diluted		8,524,529,727			8,274,529,727			8,524,529,727			8,269,401,522

See accompanying notes to unaudited financial statements

Eline Entertainment Group, Inc.

STATEMENTS OF STOCKHOLDERS' DEFICIT

For the Nine Months Ended September 30, 2023 and 2022

Unaudited


	Preferred Stock, Series D			Common Stock
	Shares		Par Value, $0.001	Shares		Par Value, $0.001		Additional paid-in capital		Accumulated loss			Total Stockholders' Deficit

Balance, December 31, 2021	–	$	–	8,264,529,727	$	8,264,530	$	6,807,446	$	(15,071,976	)	$	–
Net income	–		–	–		–		–		–			–
Balance, March 31, 2022	–		–	8,264,529,727		8,264,530		6,807,446		(15,071,976	)		–
Shares issued for services or compensation	1		–	10,000,000		10,000		8,713		–			18,713
Net loss	–		–	–		–		–		(18,713	)		(18,713	)
Balance, June 30, 2022	1		–	8,274,529,727		8,274,530		6,816,159		(15,090,689	)		–
Net loss	–		–	–		–		–		(2,501	)		(2,501	)
Balance, September 30, 2022	1	$	–	8,274,529,727	$	8,274,530	$	6,816,159	$	(15,093,190	)	$	(2,501	)




Balance, December 31, 2022	1	$	–	8,524,529,727	$	8,524,530	$	6,566,159	$	(15,093,190	)	$	(2,501	)
Net loss	–		–	–		–		–		(16,250	)		(16,250	)
Balance, March 31, 2023	1		–	8,524,529,727		8,524,530		6,566,159		(15,109,440	)		(18,751	)
Net loss	–		–	–		–		–		(7,131	)		(7,131	)
Balance, June 30, 2023	1		–	8,524,529,727		8,524,530		6,566,159		(15,116,571	)		(25,882	)
Net loss	–		–	–		–		–		(13,949	)		(13,949	)
Balance, September 30, 2023	1	$	–	8,524,529,727	$	8,524,530	$	6,566,159	$	(15,130,520	)	$	(39,831	)

See accompanying notes to unaudited financial statements

Eline Entertainment Group, Inc.

STATEMENTS OF CASH FLOWS

Unaudited


	Nine Months Ended
	September 30,			September 30,
	2023			2022
Cash Flows from Operating Activities
Net loss	$	(37,330	)	$	(21,214	)
Adjustment to reconcile Net loss from operations:
Shares issued for services or compensation		–			18,713
Changes in operating assets and liabilities
Accounts payable and accrued expenses		14,553			–
Net Cash Used in Operating Activities		(22,777	)		(2,501	)

Cash Flows from Investing Activities
Acquisition of property, plant and equipment		–			–
Net Cash (Used in) Provided by Investing Activities		–			–

Cash Flows from Financing Activities
Proceeds from related party payables		22,777			2,501
Net Cash Provided by Financing Activities		22,777			2,501

Net Increase (Decrease) in Cash		–			–
Cash at Beginning of Period		–			–
Cash at End of Period	$	–		$	–

Supplemental Cash Flow Information:
Income Taxes Paid	$	–		$	–
Interest Paid	$	–		$	–

See accompanying notes to unaudited financial statements

ELINE ENTERTAINMENT GROUP, INC.

Notes to the Financial Statements

As of and for the nine months ended September 30, 2023 and 2022

(Unaudited)

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Eline Entertainment Group, Inc. (OTC “EEGI”) was incorporated under the laws of the State of Nevada on June 12, 1997, as Rapid Retrieval Systems, Inc. On April 25, 2001, the Company filed an amendment to its Articles of Incorporation and changed its name to Eline Entertainment Group, Inc. In 2017, the Company converted out of the State of Nevada and domiciled in the State of Wyoming.

Eline Entertainment Group, Inc., Inc. operated as food service business specializing in sports and entertainment production and distribution. The business operations for Eline Entertainment Group, Inc. were abandoned by former management and a custodianship action, as described in the subsequent paragraph, was commenced in 2022.

On May 11, 2022, the First Judicial District Court of Laramie, Wyoming granted the Application for Appointment of Custodian as a result of the absence of a functioning board of directors and the revocation of the Company’s charter. The order appointed Rhonda Keaveney (the “Custodian”) custodian with the right to appoint officers and directors, negotiate and compromise debt, execute contracts, issue stock, and authorize new classes of stock. This application was for the purpose of reinstating EEGI’s corporate charter to do business and restoring value to the Company for the benefit of the stockholders.

The court awarded custodianship to the Custodian based on the absence of a functioning board of directors, revocation of the company’s charter, and abandonment of the business. The Custodian appointed Rhonda Keaveney as sole officer and director. The Custodian attempted to contact the Company’s officers and directors through letters, emails, and phone calls, with no success.

On November 7, 2022, a change of control occurred with respect to the Company, along with a new board of directors and management, to better reflect its new business direction.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).

Interim Financial Statements

The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) applicable to interim financial information and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the Securities and Exchange Commission. Accordingly, they do not include all of the information and disclosure required by accounting principles generally accepted in the United States of America for complete financial statements. Interim results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the interim periods have been included. These interim financial statements should be read in conjunction with the audited financial statements for the year ended December 31, 2022. Not all disclosures required by generally accepted accounting principles for annual financial statements are presented. The interim financial statements follow the same accounting policies and methods of computations as the audited financial statements for the year ended December 31, 2022.

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 revenues and expenses during the reporting period. Actual results could differ from those estimates.

The Company’s significant estimates include income taxes provision and valuation allowance of deferred tax assets; the fair value of financial instruments; and the assumption that the Company will continue as a going concern. Those significant accounting estimates or assumptions bear the risk of change due to the fact that there are uncertainties attached to those estimates or assumptions, and certain estimates or assumptions are difficult to measure or value. Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources.

Cash and cash equivalents

We consider all highly liquid securities with original maturities of three months or less when acquired to be cash equivalents. There were no cash equivalents as of September 30, 2023 and 2022.

Related parties

The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions.

Pursuant to Section 850-10-20 the Related parties include a) affiliates of the Company; b) Entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825–10–15, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g) Other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.

The financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: a. the nature of the relationship(s) involved description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c. the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.

Commitments and contingencies

The Company follows subtopic 450-20 of the FASB Accounting Standards Codification to report accounting for contingencies. Certain conditions may exist as of the date the consolidated financial statements are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or unasserted claims that may result in such proceedings, the Company evaluates the perceived merits of any legal proceedings or unasserted claims as well as the perceived merits of the amount of relief sought or expected to be sought therein.

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

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

Revenue recognition

The Company adopted ASU 2014-09, Topic 606 on January 1, 2018, using the modified retrospective method. ASC 606 requires the use of a new five-step model to recognize revenue from customer contracts. The five-step model requires that the Company (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, including variable consideration to the extent that it is probable that a significant future reversal will not occur, (iv) allocate the transaction price to the respective performance obligations in the contract, and (v) recognize revenue when (or as) the Company satisfies the performance obligation.

The adoption of Topic 606 has no impact on revenue amounts recorded on the Company’s financial statements as the Company has not generate any revenues.

Income Taxes

We follow ASC 740-10-30, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the fiscal year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the fiscal years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Income in the period that includes the enactment date.

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

Net Income (Loss) Per Common Share

Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period. The weighted average number of common shares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period presented.

Concentration of credit risk

Financial instruments which potentially subject the Company to concentration of credit risk consist of cash deposits and customer receivables. The Company maintains cash with various major financial institutions. The Company performs periodic evaluations of the relative credit standing of these institutions. To reduce risk, the Company performs credit evaluations of its customers and maintains reserves when necessary for potential credit losses.

Recent Accounting Pronouncements

The Company has implemented all applicable accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

NOTE 3 - GOING CONCERN

The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has no revenue and has an accumulated a deficit of $15,130,520 as of September 30, 2023. The Company requires capital for its contemplated operational and marketing activities. The Company’s ability to raise additional capital through the future issuances of common stock is unknown. The obtainment of additional financing, the successful development of the Company’s contemplated plan of operations, and its transition, ultimately, to the attainment of profitable operations are necessary for the Company to continue operations. These conditions and the ability to successfully resolve these factors raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements of the Company do not include any adjustments that may result from the outcome of these uncertainties.

NOTE 4 – STOCKHOLDERS’ DEFICIT

Common Stock

The Company has 20,000,000,000 shares of Common stock authorized, of which 8,524,529,727 shares were issued and outstanding as of September 30, 2023 and December 31, 2022, respectively.

On November 7, 2022, the Company issued 250,000,000 shares of common stock at $0.001 per share to the new director and management team.

On May 22, 2022, the Company issued 1 share of Convertible Preferred D Series Stock and 10,000,000 shares of restricted common stock to Small Cap Compliance, LLC as compensation of $18,713.

Preferred Stock

The Company has 10,000,000 shares of Preferred stock authorized, of which 1,000,000 shares are designated as Convertible Series C Preferred; and 1,000,000 shares are designated as Convertible Series D Preferred.

On May 24, 2022, the Company filed Articles of Amendment, with the State of Wyoming, increasing its authorized Preferred Stock from 5,000,000 shares to 10,000,000 shares. In addition, the Company designated 1,000,000 shares of the Preferred Stock as Convertible Series D Preferred Stock, par value $0.001.

Convertible Series C Preferred Stock

The Company has 1,000,000 shares designated as Convertible Series C Preferred, of which each share is convertible into 10,000 shares of common stock and has 10,000 voting rights per share.

The Company has nil share of Convertible Preferred C Series Stock issued and outstanding as of September 30, 2023 and December 31, 2022, respectively

Convertible Series D Preferred Stock

The Company has 1,000,000 shares designated as Convertible Series D Preferred, of which each share is convertible into 1,000 shares of common stock and has voting privileges equal to 20 times the sum of (i) the total number of shares of Common Stock which are issued and outstanding at the time of voting, and (ii) the total number of shares of any class of Preferred stock which are issued and outstanding at the time of voting, and (iii) divided by the total number of Series D Stock which are outstanding at the time of voting.

The Company has 1 and nil share of Convertible Preferred D Series Stock issued and outstanding as of September 30, 2023 and December 31, 2022, respectively.

Refer to Note 5 for preferred stock issued to related party.

NOTE 5 - RELATED PARTY TRANSACTIONS

In May 2022, the Company issued 1 share of Convertible Preferred D Series Stock and 10,000,000 shares of Common Stock to Ms. Keaveney in the name of Small Cap Compliance, LLC, for expense reimbursement and services in the amount of $18,713 as custodian of the Company.

As of September 30, 2023 and December 31, 2022, the Company owes Ms. Chi Ching Hung, director of the Company, $25,278 and $2,501, respectively, for expenses paid on behalf of the Company.

The amounts owed are non-interest bearing without maturity date, and are due on demand.

NOTE 6 - INCOME TAX

Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carry forwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. The Company is using the U.S. federal income tax rate of 21%.

The provision for Federal income tax consists of the following:


	Nine Months Ended
Schedule of income tax expense	September 30,			September 30,
	2023			2022
Federal income tax benefit attributable to:
Current operations income taxes (benefits)	$	(7,839	)	$	(4,455	)
Less: valuation allowance		7,839			4,455
Net provision for Federal income taxes	$	–		$	–

The cumulative tax effect at the expected rate of 21% of significant items comprising our net deferred tax amount is as follows:

Schedule of deferred tax assets	September 30, 2023			December 31, 2022
Deferred tax asset attributable to:
Net operating loss carryover	$	12,336		$	4,497
Less: valuation allowance		(12,336	)		(4,497	)
Net deferred tax asset	$	–		$	–

At September 30, 2023, the Company had net operating loss carry forwards of approximately $58,744 that may be offset against future taxable income. No tax benefit has been recognized for the period ended September 30, 2023 and 2022 financial statements since the potential tax benefit is offset by a valuation allowance of the same amount.

Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards for Federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carry forwards may be limited as to use in future years.

As of September 30, 2023, the Company had no accrued interest or penalties related to uncertain tax positions.

NOTE 7 – SUBSEQUENT EVENTS

In accordance with ASC 855-10, the Company has performed an evaluation of subsequent events through the date that the financial statements were issued and has determined that it does not have any material subsequent events to disclose or require adjustments in these financial statements.

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

The following management’s discussion and analysis (“MD&A”) should be read in conjunction with financial statements of Eline Entertainment Group, Inc. for the three and nine months ended September 30, 2023 and 2022, and the notes thereto.

Safe Harbor for Forward-Looking Statements

Certain statements included in this MD&A constitute forward-looking statements, including those identified by the expressions anticipate, believe, plan, estimate, expect, intend, and similar expressions to the extent they relate to Eline Entertainment Group, Inc. or its management. These forward-looking statements are not facts, promises, or guarantees; rather, they reflect current expectations regarding future results or events. These forward-looking statements are subject to risks and uncertainties that could cause actual results, activities, performance, or events to differ materially from current expectations. These include risks related to revenue growth, operating results, industry, products, and litigation, as well as the matters discussed in Eline Entertainment Group, Inc’s MD&A. Readers should not place undue reliance on any such forward-looking statements. Eline Entertainment Group, Inc disclaims any obligation to publicly update or to revise any such statements to reflect any change in the Company’s expectations or in events, conditions, or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.

Eline Entertainment Group, Inc, Inc. is a blank check company and has no operations. Our business plan includes acquisitions of operating companies. In summary, EEGI is focused on raising capital for its business plan. As of this filing, we have not raised any capital and our business is not yet operational.

Results of Operations

The following discussion of our financial condition and results of operations should be read in conjunction with our financial statements and the related notes included in this report

Three Months Ended September 30, 2023 and 2022

Revenue

For the three months ended September 30, 2023 and 2022, the Company had not generated any revenues.

Operating Expenses

Operating expenses for the three months ended September 30, 2023 were $13,949 compared to $2,501 for the three months ended September 30, 2022.

For the three months ended September 30, 2023, professional fees and other general & administrative expense were $12,250, a decrease of $11,250 as compared to $1,000 for the three months ended of September 30, 2022.

Other Income and Expenses

For the three months ended September 30, 2023 and 2022, the Company did not have any other income or expenses.

Net Income (Loss)

For the three months ended September 30, 2023, the Company had a net loss of $13,949 compared to the three months period ended September 30, 2022 of a net loss of $2,501.

The net loss resulted from increase of operating expenses.

Nine months ended September 30, 2023 and 2022

Revenue

For the nine months ended September 30, 2023 and 2022, the Company had not generated any revenues.

Operating Expenses

Operating expenses for the nine months ended September 30, 2023 were $37,330 compared to $21,214 for the nine months ended September 30, 2022.

For the nine months ended September 30, 2023, professional fees were $34,250, an increase of $15,750 as compared to $18,500 for the nine months ended of September 30, 2022.

Other Income and Expenses

For the nine months ended September 30, 2023 and 2022, the Company did not have any other income or expenses.

Net Income (Loss)

For the nine months ended September 30, 2023, the Company had a net loss of 37,330 compared to the nine months period ended September 30, 2022 of a net loss of $21,214.

The net loss resulted from increase of operating expenses.

Liquidity and Capital Resources

As of September 30, 2023, we had no cash and a working capital deficit of $39,831.

Operating Activities

For nine months ended September 30, 2023, net operating loss increased to $37,330 as compared to $21,214 for the nine months ended September 30, 2022. Accounts payable and accrued expenses increased by $14,533 as compared to $0 for the nine months ended September 30, 2022. The increase in accrued expenses is related to unpaid professional fees.

Investing Activities

No investing activities occurred during the nine months ended September 30, 2023 and 2022.

Financing Activities

During the nine months ended September 30, 2023, the Company received advances from a related party for working capital purposes in the amount of $22,777 as compared to $2,501 for the same period in 2022.

Off-Balance Sheet Arrangements

There are no off-balance sheet arrangements with any party.

Critical Accounting Policies

Our discussion and analysis of results of operations and financial condition are based upon our condensed consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States of America. The preparation of these condensed consolidated financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. We evaluate our estimates on an ongoing basis, including those related to provisions for uncollectible accounts receivable, inventories, valuation of intangible assets and contingencies and litigation. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.

The accounting policies that we follow are set forth in Note 2 to our financial statements as included in the SEC report filed. These accounting policies conform to accounting principles generally accepted in the United States and have been consistently applied in the preparation of the financial statements.

Item 3. Quantitative and Qualitative Disclosures about Market Risk

As a “smaller reporting company,” as defined by Rule 12b-2 of the Exchange Act, we are not required to provide the information in this Item.

Item 4. Controls and Procedures

a) Evaluation of Disclosure Controls and Procedures

We conducted an evaluation under the supervision and with the participation of our management, of the effectiveness of the design and operation of our disclosure controls and procedures. The term “disclosure controls and procedures,” as defined in Rules 13a-15(e) and 15d-15(e) under the Securities and Exchange Act of 1934, as amended (“Exchange Act”), means controls and other procedures of a company that are designed to ensure that information required to be disclosed by the company in the reports it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Securities and Exchange Commission's rules and forms. Disclosure controls and procedures also include, without limitation, controls and procedures designed to ensure that information required to be disclosed by a company in the reports that it files or submits under the Exchange Act is accumulated and communicated to the company's management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate, to allow timely decisions regarding required disclosure. Based on this evaluation, our principal executive and principal financial officers concluded as of September 30, 2023, that our disclosure controls and procedures were not effective at the reasonable assurance level due to the material weaknesses in our internal controls over financial reporting discussed immediately below.

Our internal controls are not effective for the following reasons: (1) lack of a functioning audit committee and lack of a majority of outside directors on the Company’s board of directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures; (2) inadequate segregation of duties consistent with control objectives; (3) insufficient written policies and procedures for accounting and financial reporting with respect to the requirements and application of US GAAP and SEC disclosure requirements; and (4) ineffective controls over period end financial disclosure and reporting processes. The aforementioned material weaknesses were identified by the Company’s Chief Financial Officer in connection with the review of our financial statements as of September 30, 2023 and communicated the matters to our management.

(b) Management's Report on Internal Control Over Financial Reporting.

Our management is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rules 13a-15(f) and 15d-15(f) under the Securities Exchange Act of 1934. Our internal control over financial reporting is a process designed by, or under the supervision of, our CEO and CFO, or persons performing similar functions, and effected by our board of directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America (GAAP). Our internal control over financial reporting includes those policies and procedures that: (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and disposition 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 GAAP and that receipts and expenditures of the Company are being made only in accordance with authorization 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 assessed the effectiveness of the Company’s internal control over financial reporting as of September 0, 2023. In making this assessment, management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission in the 2013 Internal Control-Integrated Framework. Based on its evaluation, management has concluded that the Company’s internal control over financial reporting was not effective as of September 30, 2023.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions or that the degree of compliance with the policies or procedures may deteriorate. A control system, no matter how well designed and operated can provide only reasonable, but not absolute, assurance that the control system’s objectives will be met. The design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their cost.

Management believes that the material weaknesses set forth in items (2), (3) and (4) above did not have an effect on the Company’s financial results. However, management believes that the lack of a functioning audit committee and lack of a majority of outside directors on the Company’s board of directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures can result in the Company’s determination to its financial statements for the future years.

We are committed to improving our financial organization. As part of this commitment, we intend to create a position to segregate duties consistent with control objectives and will increase our personnel resources and technical accounting expertise within the accounting function when funds are available to the Company: i) Appointing one or more outside directors to our board of directors who shall be appointed to the audit committee of the Company resulting in a fully functioning audit committee who will undertake the oversight in the establishment and monitoring of required internal controls and procedures; and ii) Preparing and implementing sufficient written policies and checklists which will set forth procedures for accounting and financial reporting with respect to the requirements and application of US GAAP and SEC disclosure requirements.

c) Changes in Internal Control over Financial Reporting

There were no changes which were identified in connection with our management’s evaluation required by paragraph (d) of rules 13a-15 and 15d-15 under the Exchange Act, that materially affected, or is reasonably likely to have a materially affect, on our internal control over financial reporting.

PART II OTHER INFORMATION

Item 1. Legal Proceedings

We are not a party to any material or legal proceeding, and, to our knowledge, none is contemplated or threatened.

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.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

During the nine months ended September 30, 2023, the Company did not sell any unregistered securities.

Item 3. Defaults Upon Senior Securities

There have been no defaults upon senior securities.

Item 4. Mine Safety Disclosures

Not applicable.

Item 5. Other Information

During the three-months ended September 30, 2023, no director or officer adopted or terminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement, as each term is defined in Item 408(a) of Regulation S-K.

Item 6. Exhibits

Exhibit No.		Description

31.1		Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002*
31.2		Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002*
32.1		Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350*
32.2		Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350*
101.INS		Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document)
101.SCH		Inline XBRL Taxonomy Extension Schema Document
101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB		Inline XBRL Taxonomy Extension Label Linkbase Document
101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

___________________

Filed Herewith.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: December 23, 2024	ELINE ENTERTAINMENT GROUP, INC.

	By:	/s/ Shing Hei Lee
	Name	Shing Hei Lee
	Title	Chief Executive Officer and Chief Financial Officer

EXHIBIT 31.1

Certification of Principal Executive Officer

I, Shing Hei Lee, certify that:

1.	I have reviewed this Form 10-Q of Eline Entertainment Group, 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 statement no mislead with respect to the period covered by this report;

3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.	The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act rules 13a-15(f) and 15d-15(f)) for the registrant and have:

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

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

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

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

5.	The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

	a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

	b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control.

Date: December 23, 2024
	Eline Entertainment Group, Inc.

	By: /s/Shing Hei Lee
	Name: Shing Hei Lee
	Title: CEO

EXHIBIT 31.2

Certification of Principal Financial Officer

I, Shing Hei Lee, certify that:

1.	I have reviewed this Form 10-Q of Eline Entertainment Group, 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 statement no mislead with respect to the period covered by this report;

3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.	The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act rules 13a-15(f) and 15d-15(f)) for the registrant and have:

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

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

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

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

5.	The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

	a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

	b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control.

Date: December 23, 2024
	Eline Entertainment Group, Inc.

	By: /s/Shing Hei Lee
	Name: Shing Hei Lee
	Title: CFO

EXHIBIT 32.1

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

AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the filing of Eline Entertainment Group, Inc. (the “Company”) Quarterly Report on Form 10-Q for the period ending September 30, 2023 (the “Report”), I, Shing Hei Lee, the Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1)

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

(2)

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

Date: December 23, 2024
	Eline Entertainment Group, Inc.

	By: /s/Shing Hei Lee
	Name: Shing Hei Lee
	Title: CEO

EXHIBIT 32.2

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

AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the filing of Eline Entertainment Group, Inc. (the “Company”) Quarterly Report on Form 10-Q for the period ending September 30, 2023 (the “Report”), I, Shing Hei Lee, the Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1)

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

(2)

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

Date: December 23, 2024
	Eline Entertainment Group, Inc.

	By: /s/Shing Hei Lee
	Name: Shing Hei Lee
	Title: CFO

Cover	9 Months Ended
Cover	Sep. 30, 2023 shares
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2023
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--12-31
Entity File Number	000-30451
Entity Registrant Name	ELINE ENTERTAINMENT GROUP, INC.
Entity Central Index Key	0001043150
Entity Tax Identification Number	88-0429856
Entity Incorporation, State or Country Code	WY
Entity Address, Address Line One	1113, Tower 2, Lippo Centre
Entity Address, Address Line Two	89 Queensway
Entity Address, City or Town	Admiralty
Entity Address, Country	HK
Entity Address, Postal Zip Code	0000
City Area Code	+852
Local Phone Number	3703 6155
Entity Current Reporting Status	No
Entity Interactive Data Current	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	true
Entity Common Stock, Shares Outstanding	8,524,529,727

Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Current Assets
Cash	$ 0	$ 0
Total Current Assets	0	0
Total Assets	0	0
Current Liabilities
Accounts payable and accrued expenses	14,553	0
Due to related party	25,278	2,501
Total Current Liabilities	39,831	2,501
Total Liabilities	39,831	2,501
Commitment & contingencies
Stockholders' Deficit
Common Stock, $0.001 par value; 20,000,000,000 shares authorized, 8,524,529,727 and 8,524,529,727 shares issued and outstanding, respectively	8,524,530	8,524,530
Additional paid-in capital	6,566,159	6,566,159
Accumulated loss	(15,130,520)	(15,093,190)
Total Stockholders' Deficit	(39,831)	(2,501)
Total Liabilities and Stockholders' Deficit	0	0
Series D Preferred Stock [Member]
Stockholders' Deficit
Preferred Stock, Series D, $0.001 par value; 1,000,000 shares authorized, 1 and 1 shares issued and outstanding, respectively	$ 0	$ 0

Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2023	Dec. 31, 2022
Preferred Stock, Shares Authorized	10,000,000
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	20,000,000,000	20,000,000,000
Common Stock, Shares, Issued	8,524,529,727	8,524,529,727
Common Stock, Shares, Outstanding	8,524,529,727	8,524,529,727
Series D Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	1,000,000	1,000,000
Preferred Stock, Shares Issued	1	1
Preferred Stock, Shares Outstanding	1	1

Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
Statements of Operations (Unaudited) - USD ($)	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Revenues	$ 0	$ 0	$ 0	$ 0
Operating expenses
Professional fees	12,250	1,000	34,250	18,500
Other general & administrative expense	1,699	1,501	3,080	2,714
Total operating expenses	13,949	2,501	37,330	21,214
Loss from operations	(13,949)	(2,501)	(37,330)	(21,214)
Other Income (Expenses)
Interest income (expense)	0	0	0	0
Total other income (expenses)	0	0	0	0
Net loss before income tax	(13,949)	(2,501)	(37,330)	(21,214)
Income tax expense	0	0	0	0
Net loss	$ (13,949)	$ (2,501)	$ (37,330)	$ (21,214)

Statements of Operations (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Earnings Per Share, Basic	$ (0.000)	$ (0.000)	$ (0.000)	$ (0.000)
Earnings Per Share, Diluted	$ (0.000)	$ (0.000)	$ (0.000)	$ (0.000)
Weighted Average Number of Shares Outstanding, Basic	8,524,529,727	8,274,529,727	8,524,529,727	8,269,401,522
Weighted Average Number of Shares Outstanding, Diluted	8,524,529,727	8,274,529,727	8,524,529,727	8,269,401,522

Statements of Stockholders Deficit (Unaudited) - USD ($)	Preferred Stock Series D [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Dec. 31, 2021	$ 0	$ 8,264,530	$ 6,807,446	$ (15,071,976)	$ 0
Shares, Outstanding, Beginning Balance at Dec. 31, 2021	0	8,264,529,727
Net loss	$ 0	$ 0	0	0	0
Ending balance, value at Mar. 31, 2022	$ 0	$ 8,264,530	6,807,446	(15,071,976)	0
Shares, Outstanding, Ending Balance at Mar. 31, 2022	0	8,264,529,727
Beginning balance, value at Dec. 31, 2021	$ 0	$ 8,264,530	6,807,446	(15,071,976)	0
Shares, Outstanding, Beginning Balance at Dec. 31, 2021	0	8,264,529,727
Net loss					(21,214)
Ending balance, value at Sep. 30, 2022	$ 0	$ 8,274,530	6,816,159	(15,093,190)	(2,501)
Shares, Outstanding, Ending Balance at Sep. 30, 2022	1	8,274,529,727
Beginning balance, value at Mar. 31, 2022	$ 0	$ 8,264,530	6,807,446	(15,071,976)	0
Shares, Outstanding, Beginning Balance at Mar. 31, 2022	0	8,264,529,727
Net loss				(18,713)	(18,713)
Shares issued for services or compensation		$ 10,000	8,713		18,713
Stock Issued During Period, Shares, Issued for Services	1	10,000,000
Ending balance, value at Jun. 30, 2022	$ 0	$ 8,274,530	6,816,159	(15,090,689)	0
Shares, Outstanding, Ending Balance at Jun. 30, 2022	1	8,274,529,727
Net loss				(2,501)	(2,501)
Ending balance, value at Sep. 30, 2022	$ 0	$ 8,274,530	6,816,159	(15,093,190)	(2,501)
Shares, Outstanding, Ending Balance at Sep. 30, 2022	1	8,274,529,727
Beginning balance, value at Dec. 31, 2022	$ 0	$ 8,524,530	6,566,159	(15,093,190)	(2,501)
Shares, Outstanding, Beginning Balance at Dec. 31, 2022	1	8,524,529,727
Net loss				(16,250)	(16,250)
Ending balance, value at Mar. 31, 2023	$ 0	$ 8,524,530	6,566,159	(15,109,440)	(18,751)
Shares, Outstanding, Ending Balance at Mar. 31, 2023	1	8,524,529,727
Beginning balance, value at Dec. 31, 2022	$ 0	$ 8,524,530	6,566,159	(15,093,190)	(2,501)
Shares, Outstanding, Beginning Balance at Dec. 31, 2022	1	8,524,529,727
Net loss					(37,330)
Ending balance, value at Sep. 30, 2023	$ 0	$ 8,524,530	6,566,159	(15,130,520)	(39,831)
Shares, Outstanding, Ending Balance at Sep. 30, 2023	1	8,524,529,727
Beginning balance, value at Mar. 31, 2023	$ 0	$ 8,524,530	6,566,159	(15,109,440)	(18,751)
Shares, Outstanding, Beginning Balance at Mar. 31, 2023	1	8,524,529,727
Net loss				(7,131)	(7,131)
Ending balance, value at Jun. 30, 2023	$ 0	$ 8,524,530	6,566,159	(15,116,571)	(25,882)
Shares, Outstanding, Ending Balance at Jun. 30, 2023	1	8,524,529,727
Net loss				(13,949)	(13,949)
Ending balance, value at Sep. 30, 2023	$ 0	$ 8,524,530	$ 6,566,159	$ (15,130,520)	$ (39,831)
Shares, Outstanding, Ending Balance at Sep. 30, 2023	1	8,524,529,727

Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
Statements of Cash Flows (Unaudited) - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Cash Flows from Operating Activities
Net loss	$ (37,330)	$ (21,214)
Adjustment to reconcile Net loss from operations:
Shares issued for services or compensation	0	18,713
Accounts payable and accrued expenses	14,553	0
Net Cash Used in Operating Activities	(22,777)	(2,501)
Cash Flows from Investing Activities
Acquisition of property, plant and equipment	0	0
Net Cash (Used in) Provided by Investing Activities	0	0
Cash Flows from Financing Activities
Proceeds from related party payables	22,777	2,501
Net Cash Provided by Financing Activities	22,777	2,501
Net Increase (Decrease) in Cash	0	0
Cash at Beginning of Period	0	0
Cash at End of Period	0	0
Supplemental Cash Flow Information:
Income Taxes Paid	0	0
Interest Paid	$ 0	$ 0

Pay vs Performance Disclosure - USD ($)	3 Months Ended						9 Months Ended
Pay vs Performance Disclosure - USD ($)	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure [Table]
Net Income (Loss) Attributable to Parent	$ (13,949)	$ (7,131)	$ (16,250)	$ (2,501)	$ (18,713)	$ 0	$ (37,330)	$ (21,214)

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 2023
Trading Arrangements, by Individual [Table]
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

ORGANIZATION AND DESCRIPTION OF BUSINESS

9 Months Ended

Sep. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

ORGANIZATION AND DESCRIPTION OF BUSINESS

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

On November 7, 2022, a change of control occurred with respect to the Company, along with a new board of directors and management, to better reflect its new business direction.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

9 Months Ended

Sep. 30, 2023

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).

Interim Financial Statements

Use of Estimates

Cash and cash equivalents

We consider all highly liquid securities with original maturities of three months or less when acquired to be cash equivalents. There were no cash equivalents as of September 30, 2023 and 2022.

Related parties

The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions.

Commitments and contingencies

Revenue recognition

The adoption of Topic 606 has no impact on revenue amounts recorded on the Company’s financial statements as the Company has not generate any revenues.

Income Taxes

Net Income (Loss) Per Common Share

Concentration of credit risk

Recent Accounting Pronouncements

GOING CONCERN

9 Months Ended

Sep. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

GOING CONCERN

NOTE 3 - GOING CONCERN

STOCKHOLDERS’ DEFICIT

9 Months Ended

Sep. 30, 2023

Equity [Abstract]

STOCKHOLDERS’ DEFICIT

NOTE 4 – STOCKHOLDERS’ DEFICIT

Common Stock

The Company has 20,000,000,000 shares of Common stock authorized, of which 8,524,529,727 shares were issued and outstanding as of September 30, 2023 and December 31, 2022, respectively.

On November 7, 2022, the Company issued 250,000,000 shares of common stock at $0.001 per share to the new director and management team.

On May 22, 2022, the Company issued 1 share of Convertible Preferred D Series Stock and 10,000,000 shares of restricted common stock to Small Cap Compliance, LLC as compensation of $18,713.

Preferred Stock

Convertible Series C Preferred Stock

The Company has 1,000,000 shares designated as Convertible Series C Preferred, of which each share is convertible into 10,000 shares of common stock and has 10,000 voting rights per share.

The Company has nil share of Convertible Preferred C Series Stock issued and outstanding as of September 30, 2023 and December 31, 2022, respectively

Convertible Series D Preferred Stock

The Company has 1 and nil share of Convertible Preferred D Series Stock issued and outstanding as of September 30, 2023 and December 31, 2022, respectively.

Refer to Note 5 for preferred stock issued to related party.

RELATED PARTY TRANSACTIONS

9 Months Ended

Sep. 30, 2023

RELATED PARTY TRANSACTIONS

NOTE 5 - RELATED PARTY TRANSACTIONS

As of September 30, 2023 and December 31, 2022, the Company owes Ms. Chi Ching Hung, director of the Company, $25,278 and $2,501, respectively, for expenses paid on behalf of the Company.

The amounts owed are non-interest bearing without maturity date, and are due on demand.

INCOME TAX

9 Months Ended

Sep. 30, 2023

Income Tax Disclosure [Abstract]

INCOME TAX

NOTE 6 - INCOME TAX

The provision for Federal income tax consists of the following:


	Nine Months Ended
Schedule of income tax expense	September 30,			September 30,
	2023			2022
Federal income tax benefit attributable to:
Current operations income taxes (benefits)	$	(7,839	)	$	(4,455	)
Less: valuation allowance		7,839			4,455
Net provision for Federal income taxes	$	–		$	–

The cumulative tax effect at the expected rate of 21% of significant items comprising our net deferred tax amount is as follows:

Schedule of deferred tax assets	September 30, 2023			December 31, 2022
Deferred tax asset attributable to:
Net operating loss carryover	$	12,336		$	4,497
Less: valuation allowance		(12,336	)		(4,497	)
Net deferred tax asset	$	–		$	–

As of September 30, 2023, the Company had no accrued interest or penalties related to uncertain tax positions.

SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2023

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 7 – SUBSEQUENT EVENTS

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).
Interim Financial Statements	Interim Financial Statements The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) applicable to interim financial information and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the Securities and Exchange Commission. Accordingly, they do not include all of the information and disclosure required by accounting principles generally accepted in the United States of America for complete financial statements. Interim results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the interim periods have been included. These interim financial statements should be read in conjunction with the audited financial statements for the year ended December 31, 2022. Not all disclosures required by generally accepted accounting principles for annual financial statements are presented. The interim financial statements follow the same accounting policies and methods of computations as the audited financial statements for the year ended December 31, 2022.
Use of Estimates	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 revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company’s significant estimates include income taxes provision and valuation allowance of deferred tax assets; the fair value of financial instruments; and the assumption that the Company will continue as a going concern. Those significant accounting estimates or assumptions bear the risk of change due to the fact that there are uncertainties attached to those estimates or assumptions, and certain estimates or assumptions are difficult to measure or value. Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources.
Cash and cash equivalents	Cash and cash equivalents We consider all highly liquid securities with original maturities of three months or less when acquired to be cash equivalents. There were no cash equivalents as of September 30, 2023 and 2022.
Related parties	Related parties The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions. Pursuant to Section 850-10-20 the Related parties include a) affiliates of the Company; b) Entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825–10–15, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g) Other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. The financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: a. the nature of the relationship(s) involved description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c. the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.
Commitments and contingencies	Commitments and contingencies The Company follows subtopic 450-20 of the FASB Accounting Standards Codification to report accounting for contingencies. Certain conditions may exist as of the date the consolidated financial statements are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or unasserted claims that may result in such proceedings, the Company evaluates the perceived merits of any legal proceedings or unasserted claims as well as the perceived merits of the amount of relief sought or expected to be sought therein. If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s consolidated financial statements. If the assessment indicates that a potential material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed. Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time, that these matters will have a material adverse effect on the Company’s consolidated financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations or cash flows.
Revenue recognition	Revenue recognition The Company adopted ASU 2014-09, Topic 606 on January 1, 2018, using the modified retrospective method. ASC 606 requires the use of a new five-step model to recognize revenue from customer contracts. The five-step model requires that the Company (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, including variable consideration to the extent that it is probable that a significant future reversal will not occur, (iv) allocate the transaction price to the respective performance obligations in the contract, and (v) recognize revenue when (or as) the Company satisfies the performance obligation. The adoption of Topic 606 has no impact on revenue amounts recorded on the Company’s financial statements as the Company has not generate any revenues.
Income Taxes	Income Taxes We follow ASC 740-10-30, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the fiscal year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the fiscal years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Income in the period that includes the enactment date. We adopted ASC 740-10-25 (“ASC 740-10-25”) with regard to uncertainty income taxes. ASC 740-10-25 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under ASC 740-10-25, we may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. ASC 740-10-25 also provides guidance on derecognition, classification, interest and penalties on income taxes, and accounting in interim periods and requires increased disclosures. We had no material adjustments to our liabilities for unrecognized income tax benefits according to the provisions of ASC 740-10-25.
Net Income (Loss) Per Common Share	Net Income (Loss) Per Common Share Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period. The weighted average number of common shares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period presented.
Concentration of credit risk	Concentration of credit risk Financial instruments which potentially subject the Company to concentration of credit risk consist of cash deposits and customer receivables. The Company maintains cash with various major financial institutions. The Company performs periodic evaluations of the relative credit standing of these institutions. To reduce risk, the Company performs credit evaluations of its customers and maintains reserves when necessary for potential credit losses.
Recent Accounting Pronouncements	Recent Accounting Pronouncements The Company has implemented all applicable accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

INCOME TAX (Tables)

9 Months Ended

Sep. 30, 2023

Income Tax Disclosure [Abstract]

Schedule of income tax expense


	Nine Months Ended
Schedule of income tax expense	September 30,			September 30,
	2023			2022
Federal income tax benefit attributable to:
Current operations income taxes (benefits)	$	(7,839	)	$	(4,455	)
Less: valuation allowance		7,839			4,455
Net provision for Federal income taxes	$	–		$	–

Schedule of deferred tax assets

Schedule of deferred tax assets	September 30, 2023			December 31, 2022
Deferred tax asset attributable to:
Net operating loss carryover	$	12,336		$	4,497
Less: valuation allowance		(12,336	)		(4,497	)
Net deferred tax asset	$	–		$	–

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Accounting Policies [Abstract]
Cash and Cash Equivalents, at Carrying Value	$ 0	$ 0

GOING CONCERN (Details Narrative) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Retained Earnings (Accumulated Deficit)	$ 15,130,520	$ 15,093,190

STOCKHOLDERS’ DEFICIT (Details Narrative) - USD ($)		1 Months Ended	3 Months Ended
STOCKHOLDERS’ DEFICIT (Details Narrative) - USD ($)	Nov. 07, 2022	May 31, 2022	Jun. 30, 2022	Sep. 30, 2023	Dec. 31, 2022
Class of Stock [Line Items]
Common Stock, Shares Authorized				20,000,000,000	20,000,000,000
Common Stock, Shares, Issued				8,524,529,727	8,524,529,727
Common Stock, Shares, Outstanding				8,524,529,727	8,524,529,727
Stock Issued During Period, Value, Issued for Services			$ 18,713
Preferred Stock, Shares Authorized				10,000,000
Convertible Series C Preferred Stock [Member]
Class of Stock [Line Items]
Preferred Stock, Shares Authorized				1,000,000
Preferred Stock, Shares Issued				0	0
Convertible Series D Preferred Stock [Member]
Class of Stock [Line Items]
Preferred Stock, Shares Authorized				1,000,000
Preferred Stock, Shares Outstanding				1	0
New Director And Management Team [Member] \| Common Stock [Member]
Class of Stock [Line Items]
Stock Issued During Period, Shares, Issued for Services	250,000,000
Keaveney [Member] \| Common Stock [Member]
Class of Stock [Line Items]
Stock Issued During Period, Shares, Issued for Services		10,000,000
Keaveney [Member] \| Convertible Preferred D Series Stock [Member]
Class of Stock [Line Items]
Stock Issued During Period, Shares, Issued for Services		1
Stock Issued During Period, Value, Issued for Services		$ 18,713

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended
	May 31, 2022	Jun. 30, 2022	Sep. 30, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Stock Issued During Period, Value, Issued for Services		$ 18,713
Chi Ching Hung [Member]
Related Party Transaction [Line Items]
Other Loans Payable			$ 25,278	$ 2,501
Convertible Preferred D Series Stock [Member] \| Keaveney [Member]
Related Party Transaction [Line Items]
Stock Issued During Period, Shares, Issued for Services	1
Stock Issued During Period, Value, Issued for Services	$ 18,713
Common Stock [Member] \| Keaveney [Member]
Related Party Transaction [Line Items]
Stock Issued During Period, Shares, Issued for Services	10,000,000

INCOME TAX (Details - Income tax provision) - USD ($)	3 Months Ended		9 Months Ended
INCOME TAX (Details - Income tax provision) - USD ($)	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Federal income tax benefit attributable to:
Current operations income taxes (benefits)			$ (7,839)	$ (4,455)
Less: valuation allowance			7,839	4,455
Net provision for Federal income taxes	$ 0	$ 0	$ 0	$ 0

INCOME TAXES (Details - Deferred taxes) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Deferred tax asset attributable to:
Net operating loss carryover	$ 12,336	$ 4,497
Less: valuation allowance	(12,336)	(4,497)
Net deferred tax asset	$ 0	$ 0

INCOME TAX (Details Narrative)	Sep. 30, 2023 USD ($)
Income Tax Disclosure [Abstract]
Operating Loss Carryforwards	$ 58,744

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