Tiderock

Officers Thomas Fore and William Waldrop own 92.85% of all Series C Convertible Preferred Stock, which carries 1,000 votes per share versus one vote per common share. This gives them effective voting control over all corporate decisions, precluding common stockholders (including purchasers of the Offered Shares) from influencing any corporate decision.

“Our officers and directors, Thomas Fore and William Waldrop, as the owners of 92.85% of the outstanding shares of the Series C Convertible Preferred Stock, will, therefore, be able to control the management and affairs of our company, as well as matters requiring the approval by our shareholders, including the election of directors, any merger, consolidation or sale of all or substantially all of our assets, and any other significant corporate transaction.”

As of September 30, 2021, the company had accumulated losses of $599,633, had not achieved profitable operations, and management's financial statements were prepared on a going-concern basis with substantial doubt about the company's ability to continue as a going concern. Management has no formal plan to address this concern.

“As of September 30, 2021 the Company had not yet achieved profitable operations, has accumulated losses of $599,633 since its inception and expects to incur further losses in the development of its business, all of which raise substantial doubt about the Company's ability to continue as a going concern. The Company's ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management has no formal plan in place to address this concern”