ZHRH: Management’s discussion and analysis of financial condition and operating results. (form 10-K)
The following discussion and analysis of the results of operations and the financial position of the Company for the years ended:
History of the organization of the company and overview
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Around 2015, the Company withdrew from its previous activities and became a “shell company”, as that term is defined in Rule 12b-2 of the Exchange Act of 1934, as amended (the “Exchange Act â). The Company is currently a shell company.
On the same date, Mr.
and the name change came into effect on
No current operation and shell state
Around 2015, the Company gradually withdrew from its previous activities and became a “shell company”, as that term is defined in Rule 12b-2 of the Exchange Act of 1934, as amended (the “Exchange Act â). The Company is currently a shell company.
The Company does not currently have any activity and does not currently have any main product or service, customer or intellectual property. As the Company has no current operations, it is also not currently subject to competitive business terms. In addition, the Company is not subject to any government approvals at this time, other than those applicable to it as a “shell company”, as that term is defined in Rule 12b-2 of the Exchange. Act.
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Operating expenses for the year ended
Cash flows used in operating activities for the year ended
The Company was only recently released from receivership in
Liquidity and capital resources
Critical accounting conventions and estimates
The MD&A and analysis of our financial condition and results of operations are based on our consolidated financial statements, which have been prepared in accordance with
Our significant accounting policies are described in detail in note 3 to our consolidated financial statements included elsewhere in this annual report, and we believe that these accounting policies are essential to the process of significant judgment and estimation in the preparation of our financial statements. consolidated.
Due to historical operating losses, the inability to recognize a tax benefit, and the failure to file income tax returns for many years, there is no provision for federal or state income taxes. current or deferred for the period from inception to the period ended.
Off-balance sheet provisions
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