Annual report pursuant to Section 13 and 15(d)

Statements of Cash Flows

v3.21.1
Statements of Cash Flows - USD ($)
 12 Months Ended
Jan. 31, 2021
Jan. 31, 2020
Cash flows from operating activities:    
Net (Loss) $ (49,298,591) $ (188,192)
Adjustments to reconcile net loss to net Cash provided by (used in) operating activities:    
Stock based compensation 49,204,508 0
Realized gain from cryptocurrency, net 114,125  
Imputed interest 69,443 15,278
Decrease (Increase) in:    
Accrued interest (90,435) 0
Prepaid expenses and other current assets (830) 149
Current portion of intangible assets (cryptocurrencies) (40,083)  
Accounts payable to related parties 107,990  
Accounts payable (3,290) 156,207
Net cash gained In operating activities 62,838 (16,558)
Increase (Decrease) in:    
Acquisition of intangible assets (cryptocurrencies) (97,803)  
Net cash used in investing activities (97,803)  
Cash flows from financing activities:    
Borrowing from (payment to) related party 0 16,558
Proceeds from issuance of stock, net 35,000 0
Net cash provided by financing activities 35,000 16,558
Net Change in Cash 35 0
Cash at Beginning of Year 0 0
Cash at End of Year 35 0
Supplemental Disclosure of Cash Flows Information:    
Cash paid for interest 0 0
Cash paid for income taxes 0 0
Non-cash Investing and Financing Activities:    
Reduction of debt in exchange for assets held for sale 0 408,166
Conversion of preferred stock to common stock 0 500
Conversion of accounts payable to related party to common stock 195,316 0
Conversion of common stock to preferred stock 500  
Issuance of preferred stock for inventory 15 0
Warrant exercise through conversion of accounts payable 40,000 $ 0
Conversion of debt with stock 97,404  
Conversion of debt through sale of cryptocurrencies $ 218,256