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    GOOD GAMING, INC. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. (kind 10-Q)

    Cautionary Statements

    This Quarterly Report on Type 10-Q (“Type 10-Q”) might comprise “forward-looking
    statements,” as that time period is utilized in federal securities legal guidelines, about Good Gaming,
    Inc.
    (“GMER,” “we,” “our,” “us,” the “Firm,” “administration”) and its monetary
    situation, outcomes of operations and enterprise. These statements embody, amongst
    others:

    ? statements in regards to the potential advantages that we might expertise from our

    enterprise actions and sure transactions we ponder or have accomplished;

    and

    ? statements of GMER’s expectations, beliefs, future plans and techniques,

    anticipated developments and different issues that aren’t historic info. These

    statements could also be made expressly on this Type 10-Q. You can discover many of those

    statements by on the lookout for phrases equivalent to “believes,” “expects,” “anticipates,”

    “estimates,” “opines,” or comparable expressions used on this Type 10-Q. These

    forward-looking statements are topic to quite a few assumptions, dangers and

    uncertainties which will trigger GMER’s precise outcomes to be materially totally different

    from any future outcomes expressed or implied by GMER in these statements. The

    most vital info that would forestall GMER from attaining its said targets

    embody, however will not be restricted to, the next:

    (a) volatility or decline of our inventory value;

    (b) potential fluctuation of quarterly outcomes;

    (c) failure of GMER to realize revenues or earnings;

    (d) insufficient capital to proceed or develop our enterprise, and incapacity to boost

        further capital or financing to implement our enterprise plans;
    
    
    
    

    (e) decline in demand for GMER’s services and products;

    (f) speedy adversarial adjustments in markets;

    (g) litigation with or authorized claims and allegations by exterior events in opposition to

    us, together with however not restricted to challenges to our mental property

    rights; and

    (h) inadequate revenues to cowl working prices.

    There isn’t a assurance that GMER might be worthwhile, capable of efficiently
    develop, handle or market its services and products, have the ability to entice or
    retain certified executives and personnel, capable of get hold of prospects for its
    services or products, further dilution in excellent inventory possession could also be
    incurred because of the issuance of extra shares, warrants and inventory choices, the
    train of excellent warrants and inventory choices, or the conversion of
    convertible promissory notes, and different dangers inherent in GMER’s companies.

    As a result of the statements are topic to dangers and uncertainties, precise outcomes
    might differ materially from these expressed or implied by the forward-looking
    statements. GMER cautions you to not place undue reliance on the statements,
    which communicate solely as of the date of this Type 10-Q. The cautionary statements
    contained or referred to on this part must be thought-about in reference to
    any subsequent written or oral forward-looking statements that GMER or individuals
    appearing on its behalf might difficulty. GMER doesn’t undertake any obligation to overview
    or affirm analysts’ expectations or estimates or to launch publicly any
    revisions to any forward-looking statements to replicate occasions or circumstances
    after the date of this Type 10-Q, or to replicate the prevalence of unanticipated
    occasions.

    
    
    16
    
    
    
    
    
    
    
    Overview
    
    
    
    

    The Firm was integrated on November 3, 2008 beneath the legal guidelines of the State of
    Nevada
    , to interact in sure enterprise companies. Our objective is to turn into a number one
    event gaming supplier in addition to an internet vacation spot, concentrating on over 250
    million esports gamers and contributors worldwide that need to compete on the
    highschool or faculty stage. We’re a developmental stage enterprise, have
    generated restricted revenues so far and have a historical past of working losses.

    The Good Gaming platform was established in early 2014 by its founding members
    who acknowledged the necessity that tens of millions of avid gamers worldwide desired to play video games
    at aggressive ranges. The founders acknowledged that there was no construction or
    group on a big scale for beginner avid gamers whereas skilled esports was
    shortly establishing itself.

    Good Gaming is successfully constructing the enterprise infrastructure for the quickly
    rising esports trade, just like the highschool and faculty athletic
    trade. Good Gaming is designed to be the gateway for beginner esports athletes
    to compete on the semi-professional stage, enhance their gaming abilities, and
    work together with veteran avid gamers globally in a vacation spot website and social
    networking framework.

    Good Gaming differs from the skilled stage of the esports trade by
    specializing in greater than roughly 250 million avid gamers that fall under the
    skilled stage however are above the informal stage, categorised as “amateurs.”
    Good Gaming distinguishes itself from its direct and oblique rivals by
    being the primary firm to supply multi-game, multi-console companies on the
    beginner esports stage. The Firm is just not unique to any explicit {hardware}
    or software program vendor.

    On Could 4, 2016, the Firm introduced that it had accomplished its first closed
    public beta testing of their 2.0 event platform to find out the
    performance, pace, ease of use, and accuracy of the system and are getting ready
    to enter into full-blown manufacturing.

    On February 18, 2016, the Firm, previously HDS Worldwide Corp., acquired
    the property of Good Gaming, Inc. from CMG Holdings Group, Inc. (OTCQB: CMGO). On
    that date, the Firm’s former CEO, Paul Rauner, resigned. The Firm
    appointed Vikram Grover to the positions of CEO and Director of the board of
    administrators (the “Board”). Vikram Grover is a former Wall Road analyst and
    funding banker with greater than 20 years of expertise in telecommunications,
    media and expertise. As well as, David Dorwart was elected by the bulk
    shareholders to the Firm’s Board. Mr. Dorwart is the Co-Founder and Chairman
    of Help Wi-fi, Inc., a supplier of lifeline wi-fi companies to tens of
    hundreds of subscribers primarily within the Midwest.

    On June 27, 2017 the Board of Administrators of the Firm appointed David B.
    Dorwart
    because the Firm’s Chief Govt Officer. On June 21, 2017, Mr. Dorwart was appointed to function the Chairman of the Board of Administrators. David B.
    Dorwart
    , Chairman and CEO of Good Gaming, Inc., brings over 31 years of start-up
    entrepreneurism and government stage administration to the Firm. Mr. Dorwart was a
    CoFounder and CEO of dPi Teleconnect, a pay as you go wi-fi supplier, for 10 years.
    Throughout his tenure, he grew the corporate from a start-up to $75 million in
    revenues earlier than promoting the corporate. During the last 9 years, he has been concerned
    with a number of different profitable tasks together with Help Wi-fi, Brooklet
    Power Distribution, PayGo Distributors and Britton & Associates. He’s
    presently the Chairman and CoFounder of ViaOne Providers, an organization which
    makes a speciality of wi-fi communications and supplies intricate multi-faceted
    companies for start-up corporations using trade specialists. By advantage of their
    possession of this Sequence C Most popular Inventory, ViaOne is the Firm’s principal
    stockholder.

    On June 27, 2017, the Firm additionally bolstered its Board of Administrators with
    government stage professionals by including two seasoned people who specialize
    in group and finance in addition to the branding and advertising of established
    and rising organizations that are poised to point out vital progress.

    
    
    17
    
    
    
    
    
    
    

    Domenic Fontana is presently the Sr. Vice President of ViaOne Providers and a
    board member. He’s an skilled CPA and monetary government who has labored in
    progressively extra superior government roles all through his profession. Having labored
    at Verizon, Ebay and now ViaOne Providers during the last 14 years, he has
    developed intimate and intensive information of government stage administration and the
    telecommunications trade. He has labored in all elements of Finance,
    Accounting, Treasury, and Operations.

    Jordan Majkszak Axt, a board member, is a results-producing advertising
    skilled with over 15 years of expertise efficiently growing advertising
    and branding methods. He has been persistently famous by executives,
    colleagues, and journalists for his particular experience in bringing merchandise and
    companies on-line with a complete digital go-to-market technique. Mr. Axt has
    beforehand held government stage positions as Director of Advertising for
    ProfitPoint Inc. and Clutch Holdings LLC. Mr. Axt is presently Vice President of
    Advertising of ViaOne Providers the place he develops all advertising and buyer
    acquisition methods for 14 shopper going through manufacturers.

    On July 10, 2017, the Firm’s Board of Administrators elected David Dorwart its
    CEO. Moreover, the Board of Administrators permitted to elect Domenic Fontana and Jordan Axt to the Firm’s Board of Administrators.

    On August 8, 2017, the board of administrators of the Firm accepted Vikram
    Grover’s
    resignation because the Treasurer of the Firm and as a member of the
    Board, efficient instantly.

    On August 8, 2017, the Board of the Firm accepted Barbara Laken’s resignation
    because the Secretary of the Firm and as a member on the Board, efficient
    instantly.

    On August 9, 2017, the Firm introduced a strategic overview of its enterprise,
    which prompted enhancements to its enterprise mannequin and a discount in bills
    designed to speed up its transfer to free money circulation technology.

    On August 29, 2017, Eric Brown grew to become the Chief Working Officer.

    In September of 2017, the Firm started specializing in its Minecraft server by
    enhancing the event employees and launched an providing of microtransactions
    after it noticed the chance to generate income with out including quite a lot of
    overhead. The preliminary providing of microtransactions exceeded income
    expectations and the Firm has continued to develop the Minecraft server
    choices. The Firm additionally started pursuing the acquisition of further
    Minecraft servers that had been already established to start scaling this effort.

    In December of 2017, the Firm started exploring potential partnerships with
    numerous franchise alternatives associated to each LAN facilities and Digital Actuality
    facilities. Monetary evaluation and analysis on these alternatives is ongoing.

    On March 21, 2018, the Firm acquired Crypto Methods Group, Inc. for
    consideration of $500.

    On December 12, 2018, the Firm dissolved Crypto Methods Group, Inc.

    In March 2019, the Firm discontinued Minecade and Olimpo servers and determined
    to give attention to Minecraft servers.

    On March 11, 2019, Eric Brown resigned from the Chief Working Officer’s
    place.

    On March 19, 2021, the Firm formulated a brand new plan to create a brand new sport referred to as
    “MicroBuddies™” that mixes Ethereum ERC721 NFTs (Non-fungible tokens),
    non-standard ERC20 tokens (GOO™), and strategic gameplay to duplicate and create
    distinctive and uncommon NFTs. The sport might be performed on-line by way of the MicroBuddies
    web site and blockchain transactions happen on the Polygon Community.

    On Could twenty fifth, 2021, Good Gaming, Inc. filed for a trademark on MicroBuddies™ and
    different associated sport phrases.

    On Could twenty eighth, 2021, the preliminary launch of MicroBuddies™ started with the “Genesis
    Occasion”, which was the sale of Nano Manufacturing unit Tokens at a reduced price of 0.05
    Ethereum. We raised the costs of Nano Manufacturing unit Token to 0.15 Ethereum previous to
    the complete sport launch in This fall 2021. Nano Manufacturing unit Tokens obtained in the course of the Genesis
    Occasion had been used to synthesize a Era 0 Microbuddy™ on the sport launch in
    the 4th Quarter of 2021. Nano Manufacturing unit Tokens had been restricted to three purchases per
    pockets. Unsold Nano Manufacturing unit Tokens had been destroyed and no Nano Manufacturing unit Tokens
    might be made accessible ever once more.

    
    
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    On September 14, 2021, Good Gaming, Inc. met all {qualifications} and have been
    accepted by OTC Markets to uplist from Pink Sheet Present to the OTCQB tier for
    buying and selling.

    On September 23, 2021, the Firm introduced that MicroBuddies™ might be launched
    on the mainnet utilizing Polygon, which is an Ethereum appropriate blockchain
    constructing platform that gives a safe and lower-cost various to
    Ethereum’s escalating gasoline charges and wait instances. The Firm additionally introduced
    October 5, 2021, as it is the official launch date for beta testing to start.

    On November 11, 2021, the Firm entered right into a securities buy settlement
    with a a number of institutional and accredited traders pursuant to which the
    Firm will promote to the Traders in a non-public placement an combination of (i)
    15,922,156 shares of frequent inventory, (ii) pre-funded warrants to buy as much as an
    combination of 4,811,181 shares of frequent inventory and (iii) warrants to buy up
    to an combination of 20,733,337 shares of frequent inventory for gross proceeds to the
    Firm of roughly $3,100,000. The mixed buy value for one share
    of frequent inventory and a warrant to buy one share of frequent inventory is $0.15 and
    the mixed buy value for one pre-funded warrant to buy one share of
    frequent inventory and a warrant to buy one share of frequent inventory is 0.1499.

    On December 13, 2021, the Firm introduced that the mainnet launch of the
    “MicroBuddies™” NFT sport might be on Friday, December 17, 2021 at 7:00 PM EST.
    This announcement comes after greater than 95% of gamers concerned in Beta I and
    Beta II testing packages voted to launch the sport right now, primarily based on
    gameplay and consumer expertise.

    On December 21, 2021, the Firm filed Amended and Restated Articles of
    Incorporation with the Secretary of State of the State of Nevada with a view to
    improve the full variety of licensed shares of the Firm from 2 hundred
    two million 2 hundred fifty thousand (202,250,000) licensed shares to 2
    hundred 5 million (205,000,000) licensed shares. Addition to that, the
    Firm filed a Certificates of Designation with the Secretary of State of the
    State of Nevada, which established two million seven hundred fifty thousand
    (2,750,000) shares of the Firm’s Sequence E Convertible Most popular Inventory. Every
    of the Sequence E Shares are convertible on the possibility of the holder at any time
    into 1,000 shares of the Firm’s frequent inventory. The holders of the Sequence E
    Shares will vote along with the frequent inventory on an as-converted foundation. The
    Sequence E Shares will not be entitled to any dividend besides that within the occasion that
    the Board of Administrators of the Firm declares a dividend to every other class of
    inventory, Sequence E Shares are entitled to a dividend equal to what they might
    obtain on an as transformed to frequent inventory foundation.

    On March 7, 2022, the holder of 1 (1) share of Sequence C Most popular Inventory of the
    Firm that entitles such holder to vote a majority of the issued and
    excellent voting securities of the Firm’s permitted by written consent that
    the Firm undertake 2022 Inventory Incentive Plan (the “2022 Plan”), which changed
    the 2018 Inventory Incentive Plan. There are 30,000,000 shares licensed beneath the
    2022 Plan, which is a rise from 10,000,000 licensed beneath the 2018 Plan.
    Beneath the 2022 Plan, the board of administrators of the Firm (the “Board”) might
    resolve at its sole discretion to grant fairness awards to sure workers and
    consultants, together with workers and consultants of ViaOne Providers, Inc., who
    are additionally deemed consultants of the Firm. As well as, on March 7, 2022,
    Advisors, together with David Dorwart, Kevin LaPierre, Brian Younger, Brandon Younger, Byron Younger, and Suleman Bhmani had been every granted 762,395 shares beneath the 2022
    Plan. Mr. Dorwart was additionally granted 885,600 shares because the principal government
    officer of the Firm and David Sterling was granted 264,553 shares beneath the
    2022 Plan.

    On March 10, 2022, the Firm issued a press launch saying enhancements to
    its MicroBuddies NFT Recreation and the adoption of the 2022 Plan.

    
    
    19
    
    
    
    
    
    
    
    Know-how
    
    
    

    In 2016, the Firm accomplished its 2.0 event platform and thereafter ran
    dozens of robotic inside take a look at tournaments and held quite a few free-to-play
    tournaments on massive scales with its accomplice The Syndicate, the proprietor of the
    world’s longest working on-line gaming guild that has 1,200 members worldwide.
    Good Gaming carried out two closed public beta tournaments of a whole lot of
    contributors in Could 2016 with a view to totally vet the system. After making roughly
    100 fixes and adjustments to the system, it now runs easily. The system is
    designed to scale to 512,000 concurrent rivals. The Firm has up to date the
    system to deal with crew tournaments, which is able to additional develop its alternative to
    fashionable titles which have tens of tens of millions of lively gamers and has lately
    launched titles which have the potential for cross-platform play amongst Gaming PC,
    Microsoft Xbox and Sony PlayStation.

    In 2017, firm ran a whole lot of tournaments frequently with a devoted
    buyer base of over 30,000 members. Moreover, the Firm expanded its
    web site by providing content material related to the member base with data
    regarding sport play technique and sport information. This generated practically 100,000
    distinctive visits monthly. In an effort to monetize that visitors, the Firm
    employed using Google show promoting and examined a subscription mannequin.
    After cautious analysis of the Firm’s technique, administration determined to maneuver
    away from free tournaments and customized content material and give attention to rising and
    monetizing our Minecraft server, which has grown considerably in reputation.
    This determination was a results of complete aggressive evaluation and evaluations
    made in how the esports trade was shifting in its house. Tournaments and
    customized content material are presently suspended whereas the Firm grows income and
    focuses on increasing its efforts with Minecraft. The Firm has additionally
    aggressively evaluated a number of enterprise fashions and acquisition alternatives to
    resume its earlier success as it’s associated to tournaments.

    In 2018, the Firm acquired the Minecade and Olimpo Minecraft servers so as
    to ship on growth efforts. This transfer, coupled with continued development
    of the core Good Gaming Minecraft server considerably elevated revenues and
    visitors. By the top of the yr, the Firm struck a cope with a distinguished
    Minecraft influencer, which resulted within the single highest month-to-month earnings
    achieved inside the Minecraft division, so far.

    In 2019, following a extreme downturn of enterprise within the Minecraft sector as a
    complete, the Firm determined to quickly droop the Minecade and Olimpo
    networks and refocus its efforts again on the core Good Gaming server. A lot of
    the yr was spent upgrading and overhauling the server’s current
    infrastructure, which had grown stale over prior years. The Firm tailored its
    technique to focus on long run success and consistency by way of main improvements
    within the SkyBlock and Jail sport modes, and started work in direction of an formidable full
    recode of the Minecade server.

    In 2020, the Firm finalized its infrastructure overhaul to be used in upcoming
    releases. A brand new, experimental model of Jail, Jail MMO, was launched as an
    early entry sport mode in February 2020. Jail MMO is designed to be a
    self-sustaining Minecraft sport mode which includes parts of the Massively
    Multiplayer On-line online game style. The Firm expects regular progress from this
    mode because it continues growing Jail MMO. On April 1, 2020, the corporate
    launched its first iteration of a brand new SkyBlock gamemode, SkyBlock Spring, to
    some sturdy success. Throughout the third quarter of 2020, the Firm carried out a
    new workflow administration model and launched its summer season version of SkyBlock. The
    launch of the summer season version signified a renewed give attention to constant progress
    by way of common, participant centered updates. The Firm’s fall launch of Jail in
    October 2020 resulted in its single highest income producing month of the yr,
    so far.

    In 2021, the Firm kicked off the primary quarter with main upgrades to its
    Winter version of SkyBlock together with the discharge of its Winter version of
    Jail. The Firm used this era to experiment with new launch schedules
    and sport mechanics with the objective of figuring out the right way to additional strengthen future
    releases. Moreover, the Firm formulated a brand new plan to create a brand new sport
    referred to as “MicroBuddies™” that mixes Ethereum ERC721 NFTs (Non-fungible tokens),
    non-standard ERC20 tokens (GOO™), and strategic gameplay to duplicate and create
    distinctive and uncommon NFTs. The sport might be performed on-line by way of the MicroBuddies
    web site and blockchain transactions happen on the Polygon Community.The sport
    was launched on December 17, 2021 after greater than 95% of gamers concerned in
    Beta 1 and a pair of testing packages voted to launch the sport primarily based on gameplay and
    consumer expertise.

    
    
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    Enterprise Technique
    
    
    
    

    Previously, our administration crew’s enterprise technique was to be a full-service
    firm offering finest in school Esports gaming tournaments and Minecraft
    experiences. With the onset of the pandemic, the Esports trade has suffered a
    appreciable quantity of misplaced enterprise alternatives. We weren’t resistant to the
    results of the pandemic on our Esports enterprise. As well as, the scale of the
    PC-based Minecraft gaming neighborhood has shrunk significantly. We’ve taken a
    exhausting take a look at each the Esports and Minecraft enterprise verticals and decided
    that each methods are now not in the most effective curiosity of the corporate and our
    shareholders. We really feel that each the Esports and Minecraft verticals should not have
    vital upside sooner or later. As so, the Esports and Minecraft enterprise
    verticals is not going to comprise a significant phase of our ongoing enterprise
    technique. We is not going to designate any future funding in both of those
    verticals for the foreseeable future.

    With the rise within the reputation of the crypto-currency and blockchain
    applied sciences, the Firm has determined to put money into the creation of its new sport,
    “MicroBuddies™” which mixes Ethereum ERC721 NFTs (Non-fungible tokens),
    non-standard ERC20 tokens (GOO™), and strategic, long-tail net browser gameplay
    to duplicate and create distinctive and collectible NFTs. ERC20 “GOO™” tokens are
    restricted to make use of as an in-game forex solely. This technique will permit us to enter
    the rising NFT and blockchain gaming house. Preliminary revenues from
    “MicroBuddies™” will come from the sale of Nano Manufacturing unit Tokens that might be used
    to synthesize technology 0 of “MicroBuddies™”. Ongoing “MicroBuddies™” revenues
    might be generated from a 5% royalty on the entire gross sales of “MicroBuddy™” NFTs in
    third-party marketplaces and a .01 MATIC per “MicroBuddy™” replication. In 2022,
    we are going to introduce further initiatives across the “MicroBuddies™ mental
    property. We count on the ancillary “MicroBuddies™” initiatives to create
    constant, recurring income over the lifetime of the property.

    Shifting ahead, we’re going to develop the “MicroBuddies™” mental property
    to metaverse/digital world social gaming experiences. There are lots of present and
    rising metaverse/digital world platforms. Some current platforms have already got
    better than 100 million customers whereas different platforms are slated to
    launch later in 2022 or in 2023. We see constructing “MicroBuddies™” themed gaming
    experiences in these kind of metaverses/digital worlds as a stable technique to
    create lengthy tail income engines whereas exposing the “MicroBuddies™” franchise to
    massive, numerous audiences.

    
    
    Staff
    
    
    

    We’ve three full-time consultants, and three part-time contractors engaged on
    numerous Good Gaming initiatives. The total-time consultants consist of 1 Chief
    Working Officer, one Software program Engineer and one Operations Supervisor. The
    part-time guide crew consists of two graphic designers and one neighborhood
    supervisor. Pursuant to our Administration Providers Settlement with ViaOne Providers LLC,
    sure workers of ViaOne are deemed to be consultants of the Firm.

    
    
    Places of work
    
    
    

    Our government places of work are positioned at 415 McFarlan Rd, Suite 108, Kennett Sq.,
    PA
    19501. Our phone quantity is (844) 419-7445.

    
    
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    Not too long ago Issued Accounting Pronouncements

    
    
    None.
    
    
    
    RESULTS OF OPERATIONS
    
    
    

    Our auditors have issued a going concern opinion on the monetary statements for
    the yr ended December 31, 2021. Which means our auditors believed there
    was substantial doubt that we might proceed as an ongoing enterprise for the subsequent
    twelve months from the date of issuance of this going concern opinion until we
    obtained further capital. We generated little income previously. We’ve
    accomplished the event of our web site, sourced out suppliers for merchandise to
    promote and sourced out prospects to purchase our merchandise. Accordingly, we have to
    increase money from sources aside from operations. Our different supply for money at this
    time is investments by others in our firm and the income we generate from
    the gross sales of our merchandise. We have to increase money to proceed our challenge and
    construct our operations.

    Plan of Operation – Milestones

    We’re at an early stage of our new enterprise operations. Over the subsequent twelve
    months, our major goal milestones embody:

    1 Proceed to realize progress inside our MicroBuddies™ vertical by way of ancillary

    gaming initiatives throughout a wide range of interactive platforms.

    2 Proceed to advertise and improve gamers of the Digital Collectibles sport

    MicroBuddies™ to develop income generated by the varied elements of sport play.

    3 Launch the metaverse/digital world gaming initiative inside a well-established

    third celebration expertise that has a big, already established, world attain.

    Proceed to guage alternatives which have synergies to our current enterprise

    line and create persevering with income streams.

    Restricted working historical past and want for added capital

    There may be restricted historic monetary details about us upon which to base an
    analysis of our efficiency regarding our new enterprise course. We’ve
    generated little income. We can’t assure we might be profitable in our
    enterprise operations. Our enterprise is topic to dangers inherent within the
    institution of a brand new enterprise enterprise, together with restricted capital sources
    and attainable price overruns because of value and value will increase in companies and
    merchandise.

    
    
    22
    
    
    
    
    
    
    
    Outcomes of Operations
    
    
    
    

    The three months ended March 31, 2022 as in comparison with March 31, 2021

    
    
    ? Working Capital
    
    
    
                                 March 31, 2022       March 31, 2021
    Present Belongings              $      1,943,715     $          1,622
    
    Present Liabilities                  273,314            3,505,076
    
    Working Capital (Deficit)   $      1,670,401$     (3,503,454 )
    
    
    
    
    ? Working Revenues
    
    
    

    We’ve generated $1,266 in income within the three months ended March 31, 2022 and
    $6,692 in income within the three months ended March 31, 2021, which displays a
    lower of $5,426 or -81.01%. The lower in income was attributed to the
    lower in utilization of the Microbuddies sport.

    ? Working Bills and Web Loss

    Working bills for the three months ended March 31, 2022 had been $472,042
    in contrast with $101,372 for the three months ended March 31, 2021, which displays
    a rise of $370,670 or 365.7%. The rise in bills was attributable to
    a change in skilled charges for promoting and promotion and normal
    administrative charges, deriving from Viaone month-to-month administration price.

    Throughout the three months ended March 31, 2022, the Firm recorded web lack of
    ($467,105) in contrast with a web earnings of $131,167 for the three months ended
    March 31, 2021, which displays an lower of $598,272 or -456%. The lower in
    web earnings was attributed to a rise {of professional} charges for promoting
    and promotions and administrative charges, and a slight lower of income.

    ? Liquidity and Capital Sources

    As of March 31, 2022, the Firm’s money steadiness consisted of $1,916,915
    in comparison with money steadiness of $1,622 as of March 31, 2021. The rise within the
    money steadiness was attributed to the rise in further paid in capital for
    frequent inventory. As of March 31, 2022, the Firm had $2,227,961 in complete property
    in comparison with complete property of $6,957 at March 31, 2021. The rise in complete
    property was attributed to further funding capital funds obtained.

    As of March 31, 2022, the Firm had complete liabilities of $273,314 in contrast
    with complete liabilities of $3,505,076 as of March 31, 2021. The lower in
    liabilities was attributable to Viaone Word conversion to shares of inventory and
    lower in by-product liabilities.

    As of March 31, 2022, the Firm has a working capital of $1,670,401 in contrast
    with a working capital deficit of $3,503,454 as of March 31, 2021. The constructive
    working capital is because of further investor capital funds, used for normal
    working capital functions.

    
    
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    Money circulation from Working Actions

    Throughout the three months ended March 31, 2022, the Firm used $519,920 of money
    for working actions in comparison with using money in an quantity of $89,925 for
    working actions in the course of the three months ended March 31, 2021, which
    displays a rise of $429,984 or 4.78%. The rise in using money for
    working actions was attributed to the corporate’s improve in promoting and
    promotions and administration charges.

    Money circulation from Investing Actions

    The Firm had $34,767 in money utilized in investing actions in the course of the quarter
    ended March 31, 2022 and $0 throughout March 31, 2021. The rise of $34,767 in
    money utilized in investing actions was attributed to the acquisition of digital
    property associated to the creation of NFTs for MicroBuddies.

    Money circulation from Financing Actions

    Throughout the yr ended March 31, 2022, the Firm obtained $0 of proceeds from
    financing actions in comparison with $89,242 in the course of the yr ended March 31, 2021,
    which displays a lower of $89,242. The lower in proceeds from financing
    actions was because of the lower in financing that we obtained for day-to-day
    actions.

    
    
    
    Going Concern
    
    
    
    

    We’ve not attained worthwhile operations and are dependent upon acquiring
    financing to pursue any intensive acquisitions and actions. For these
    causes, our auditors said of their report on our audited monetary statements
    that they’ve substantial doubt that we will proceed as a going
    concern for a interval of 1 yr from the issuance of those monetary statements
    with out additional financing.

    Off-Stability Sheet Preparations

    As of March 31, 2022, we had no vital off-balance sheet preparations that
    have or are moderately more likely to have a present or future impact on our
    monetary situation, adjustments in monetary situation, revenues or bills,
    outcomes of operations, liquidity, capital expenditures or capital sources that
    are materials to stockholders.

    
    
    Future Financings
    
    
    

    We are going to proceed to depend on fairness gross sales of our most well-liked shares with a view to
    proceed to fund our enterprise operations. Issuances of further shares will
    lead to dilution to current stockholders.

    There isn’t a assurance that we’ll obtain any further gross sales of the fairness
    securities or prepare for debt or different financing to fund our operations and
    different actions.

    24

    © Edgar On-line, supply Glimpses

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