ABQQ AB International Group Corporation (PK)

ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION

FORWARD LOOKING STATEMENTS

Statements made in this Form 10-Q that are not historical or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended (the "Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). These statements often can be identified by the use of terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.

General

We were incorporated in the State of Nevada on July 29, 2013. We initially planned to be in the business of purchasing used cars in the United States and selling them to customers in Kyrgyzstan. We planned to purchase our cars primarily at used cars stores, private sellers, dealer-auctions and sell them to private buyers or other car dealers in Kyrgyzstan. As of today, we purchased one car for $7,000, which we then sold for $8,200. The purchase was financed by our former president and director, who loaned the Company funds.

On January 22, 2016, the Company's former sole officer and director at that time, who owned 83% of the Company's outstanding common shares, sold all his common shares to Jianli Deng, the Company's current Chief Executive Officer and sole Director. After the change of control, the Company modified its business plan and presently intends to focus on the creation of a mobile app marketing engine.

We may borrow funds from our officers and shareholders for working capital, however, they have no formal commitment, arrangement or legal obligation to advance or loan funds to the Company. We are a development stage company and have generated $8,200 in revenue under our previous business plan.

RESULTS OF OPERATION

We are a development stage company and have generated only limited revenue from previous discontinued operations. We have incurred recurring losses to date. Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation. We expect we will require additional capital to meet our long term operating requirements. We expect to raise additional capital through, among other things, the sale of equity or debt securities.

THREE MONTH PERIOD ENDED MAY 31, 2016 COMPARED TO THE THREE MONTH PERIOD ENDED MAY 31, 2015

REVENUE

During the three month periods ended May 31, 2016 and May 31, 2015 we did not generate any revenue.

COST OF GOODS SOLD

We recognized no expense for cost of goods sold during the three month periods ended May 31, 2016 and May 31, 2015 as we did not generate any revenue.

OPERATING EXPENSES

During the three month period ended May 31, 2016, we incurred general and administrative expenses of $21,520 compared to $340 incurred during the three month period ended May 31, 2015. General and administrative expenses incurred during the three month period ended May 31, 2016 were generally related to corporate overhead, financial and administrative contracted services, such as legal and accounting, developmental costs, and marketing expenses.

NET LOSS

Our net loss for the three month period ended May 31, 2016 was $21,520 compared to a net loss of $340 during the three month period ended May 31, 2015 due to the factors discussed above.

NINE MONTH PERIOD ENDED MAY 31, 2016 COMPARED TO THE NINE MONTH PERIOD ENDED MAY 31, 2015

REVENUE

During the nine month periods ended May 31, 2016 and May 31, 2015 we did not generate any revenue.

COST OF GOODS SOLD

We recognized no expense for cost of goods sold during the nine month periods ended May 31, 2016 and May 31, 2015 as we did not generate any revenue.

OPERATING EXPENSES

During the nine month period ended May 31, 2016, we incurred general and administrative expenses of $32,080 compared to $11,332 incurred during the nine month period ended May 31, 2015. General and administrative expenses incurred during the nine month period ended May 31, 2016 were generally related to corporate overhead, financial and administrative contracted services, such as legal and accounting, developmental costs, and marketing expenses.

NET LOSS

Our net loss for the nine month period ended May 31, 2016 was $32,707 compared to a net loss of $10,132 during the nine month period ended May 31, 2015 due to the factors discussed above.

LIQUIDITY AND CAPITAL RESOURCES

NINE MONTH PERIOD ENDED MAY 31, 2016

As of May 31, 2016, our total assets were $74,657 compared to $15,627 in total assets at August 31, 2015. Total assets as of May 31, 2016 comprised cash of $72,990, prepaid expenses of $1,667 and $0 in fixed assets while as at August 31, 2015 total assets comprised cash of $5,857, prepaid expenses of $9,167 and $603 in fixed assets. As of May 31, 2016 and August 31, 2015, our current liabilities were $0 comprising of $22,406 in advances from a former Director.

Stockholders' equity was $74,657 as of May 31, 2016 compared to stockholders' deficit of $6,779 as of August 31, 2015.

CASH FLOWS FROM OPERATING ACTIVITIES

We have not generated positive cash flows from operating activities. For the nine month period ended May 31, 2016, net cash flows used in operating activities were $25,167 consisting of a net loss of $32,707, depreciation of $40 and a decrease in prepaid expenses of $7,500. Net cash flows used in operating activities was $10,012 for the nine month period ended May 31, 2015, consisting of a net loss of $10,132, depreciation of $120 and an increase in accrued expenses of $0.

CASH FLOWS FROM INVESTING ACTIVITIES

We neither generated, nor used, funds in investing activities during the nine months ended May 31, 2016 or May 31, 2015.

CASH FLOWS FROM FINANCING ACTIVITIES

We have financed our operations primarily from either advances from shareholders or the issuance of equity instruments. For the nine month periods ended May 31, 2016 net cash provided by financing activities was $92,300, $92,000 received from proceeds from sale of common stock and $300 by way of a loan from our principal shareholder. For the nine month periods ended May 31, 2015 net cash provided by financing activities was $31,400, $22,800 received from proceeds from sale of common stock and $8,600 by way of loans from our principal shareholder.

PLAN OF OPERATION AND FUNDING

Existing working capital, further advances and debt instruments, and anticipated cash flow are expected to be adequate to fund our operations over the next six months. We have no lines of credit or other bank financing arrangements. Generally, we have financed operations to date through the proceeds of the private placement of equity and debt instruments. In connection with our business plan, management anticipates additional increases in operating expenses and capital expenditures relating to developmental expenses associated with a start-up business. We intend to finance these expenses with further issuances equity and/or debt securities. Thereafter, we expect we will need to raise additional capital and generate revenues to meet long-term operating requirements. Additional issuances of equity or convertible debt securities will result in dilution to our current shareholders. Further, such securities might have rights, preferences or privileges senior to our common stock. Additional financing may not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, we may not be able to take advantage of prospective new business endeavors or opportunities, which could significantly and materially restrict our business operations.

MATERIAL COMMITMENTS

As of May 31, 2016, we had no material commitments.

PURCHASE OF SIGNIFICANT EQUIPMENT

We do not intend to purchase any significant equipment during the next twelve months.

OFF-BALANCE SHEET ARRANGEMENTS

As of the date of this Quarterly Report, we do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.

GOING CONCERN

The independent auditors' audit report accompanying our August 31, 2015 financial statements contained an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern. The financial statements have been prepared "assuming that we will continue as a going concern," which contemplates that we will realize our assets and satisfy our liabilities and commitments in the ordinary course of business.