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Table of Contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 10-Q

 

(Mark One)

 

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the quarterly period ended October 31, 2023 or

 

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the transition period from __________ to__________

  

Commission File Number: 333-161240

 

Kashin, Inc.

(Exact name of registrant as specified in its charter)

 

Nevada   26-4711535
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)
     
112 North Curry Street, Carson City, NV   89703-4934
(Address of principal executive offices)   (Zip Code)

 

(626) 429-2780

(Registrant's telephone number, including area code)

 

_____________________________________________________________

(Former name, former address and former fiscal year, if changed since last report)

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  ☐ Yes   ☒ No

 

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). ☐ Yes   ☒ No

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer Accelerated filer
Non-accelerated filer Smaller reporting company
  Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). ☐ Yes   ☒ No

 

As of October 31, 2023, the Company had 53,560,745 common shares issued and outstanding.

  

 

 

   

 

 

TABLE OF CONTENTS

 

 

PART I—FINANCIAL INFORMATION    
       
Item 1 Financial Statements   4
       
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations   10
       
Item 3. Quantitative and Qualitative Disclosures About Market Risk   11
       
Item 4. Controls and Procedures   11
       
PART II—OTHER INFORMATION    
       
Item 1. Legal Proceedings   12
       
Item 1A. Risk Factors   12
       
Item 2. Unregistered Sales of Securities and Use of Proceeds   12
       
Item 3. Defaults Upon Senior Securities   12
       
Item 4. Mine Safety Disclosures   12
       
Item 5. Other Information   12
       
Item 6. Exhibits   12

 

 

 

 

 

 

 2 

 

 

KASHIN, INC

 

CONDENSED FINANCIAL STATEMENTS

 

October 31, 2023

 

Unaudited

 

CONDENSED BALANCE SHEETS   4
     
CONDENSED STATEMENTS OF OPERATIONS   5
     
CONDENSED STATEMENTS OF STOCKHOLDERS’ EQUITY   6
     
CONDENSED STATEMENTS OF CASH FLOWS   7
     
NOTES TO UNAUDITED CONDENSED INTERIM AUDITED FINANCIAL STATEMENTS   8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 3 

 

 

PART I. FINANCIAL INFORMATION

 

Item 1. Financial Statements

 

KASHIN, INC

fka ONE CLEAN PLANET, INC.

 

CONDENSED BALANCE SHEETS

Unaudited

 

   October 31, 2023   April 30, 2023 
         
ASSETS          
           
CURRENT ASSETS          
Cash  $   $ 
TOTAL CURRENT ASSETS  $   $ 
           
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)          
           
CURRENT LIABILITIES          
Accounts payable and accrued liabilities  $7,037   $1,904 
Other Payables   75,965    41,493 
Notes Payable   0    0 
TOTAL CURRENT LIABILITIES   83,002    43,398 
           
STOCKHOLDERS' EQUITY (DEFICIT)          
Capital stock – Authorized 75,000,000 shares of common stock, $0.001 par value, 53,560,745 issued and outstanding   53,561    53,561 
Additional Paid in Capital   494,019    494,019 
Accumulated deficit   (630,582)   (590,978)
TOTAL STOCKHOLDERS' EQUITY/(DEFICIT)   (83,002)   (43,398)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY/(DEFICIT)  $   $ 

 

The accompanying notes are an integral part of these financial statements

 

 

 

 

 

 

 

 4 

 

 

KASHIN, INC

fka ONE CLEAN PLANET, INC.

 

CONDENSED STATEMENTS OF OPERATIONS

Unaudited

 

 

  

3 Months

Ended

  

3 Months

Ended

  

6 Months

Ended

  

6 Months

Ended

 
   October 31, 2023   October 31, 2022   October 31, 2023   October 31, 2022 
REVENUE                    
                     
Revenues  $   $   $   $ 
Total Revenues                
                     
EXPENSES                    
                     
Office and general   1,774    517    7,804    2,724 
Professional Fees   6,800    5,375    31,800    30,375 
Total Expenses, before provision of income taxes   8,574    5,892    39,604    33,099 
                     
Provision for income taxes                
                     
NET LOSS  $(8,574)  $(5,892)  $(39,604)  $(33,099)
                     
BASIC AND DILUTED LOSS PER COMMON SHARE  $   $   $   $ 
                     
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING   53,560,745    53,560,745    53,560,745    53,560,745 

 

The accompanying notes are an integral part of these financial statements

 

All share and per share information has been retrospectively restated to reflect the 35:1 reverse split

 

 

 

 

 

 5 

 

 

KASHIN, INC

fka ONE CLEAN PLANET, INC.

 

CONDENSED STATEMENTS OF STOCKHOLDERS’ EQUITY

Unaudited

 

 

                               
   Common Stock   Additional   Share         
   Number of       Paid-in   Subscriptions   Accumulated     
   Shares   Amount   Capital   Receivable   Deficit   Total 
                         
Balance, April 30, 2020   28,560,745   $28,561   $494,019   $   $(632,645)  $(108,637)
                               
Net profit for the year ended April 30, 2021                   98,572    98,572 
                               
Balance, April 30, 2021   28,560,745   $28,561   $494,019   $   $(534,073)  $(11,493)
                               
Net profit for the year ended April 30, 2022                   (21,884)   (21,884)
                               
Balance, April 30, 2022   28,560,745   $28,561   $494,019   $   $(555,957)  $(33,377)
                               
Net profit for the year ended April 30, 2023                   (35,021)   (35,021)
Stock issued new   25,000,000    25,000                25,000 
                               
Balance, April 30, 2023   53,560,745   $53,561   $494,019   $   $(590,978)  $(43,398)
                               
Net profit for the three months ended July 31, 2023                   (31,030)   (31,030)
                               
Balance, July 31, 2023   53,560,745   $53,561   $494,019   $   $(622,008)  $(74,428)
                               
Net profit for the three months ended October 31, 2023                   (8,574)   (8,574)
                               
Balance, October 31, 2023   53,560,745   $53,561   $494,019   $   $(630,582)  $(83,002)

 

The accompanying notes are an integral part of these financial statements

 

 

 

 

 6 

 

 

KASHIN, INC

fka ONE CLEAN PLANET, INC.

 

CONDENSED STATEMENTS OF CASH FLOWS

Unaudited

 

 

  

6 months

ended

  

6 months

ended

 
   October 31, 2023   October 31, 2022 
         
OPERATING ACTIVITIES          
Net loss  $(39,604)  $(33,099)
Adjustment to reconcile net loss to net cash used in operating activities:          
Stock issued for consulting services        
Expenses paid on company's behalf by related party   34,590    7,385 
Increase (decrease) in accounts payable   5,014    714 
           
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES       (25,000)
           
FINANCING ACTIVITIES          
Proceeds from sale of common stock       25,000 
Notes Payable        
Loan from Related Party        
           
NET CASH PROVIDED BY FINANCING ACTIVITIES       25,000 
           
NET INCREASE (DECREASE) IN CASH        
           
CASH, BEGINNING OF PERIOD        
           
CASH, END OF PERIOD  $   $ 
           
Supplemental cash flow & noncash financing activities:          
Common stock issued in exchange of payable assignment/settlement  $   $ 
           
Cash paid for:          
Interest  $   $ 
Income taxes  $   $ 

 

The accompanying notes are an integral part of these financial statements

 

 

 

 7 

 

 

KASHIN, INC.

NOTES TO THE INTERIM FINANCIAL STATEMENTS

Unaudited

 

October 31, 2023

 

NOTE 1 – CONDENSED FINANCIAL STATEMENTS

 

The accompanying financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at October 31, 2023, and for all periods presented herein, have been made.

 

Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s April 30, 2023 audited financial statements. The results of operations for the periods ended October 31, 2023 and the same period last year are not necessarily indicative of the operating results for the full years.

 

The Company changed its name on July 27, 2015 to Kashin, Inc. having received FINRA’s approval.

 

Since the company has been dormant for over two years, the company now has a Shell status.

 

NOTE 2 – GOING CONCERN

 

The Company’s financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern. This contemplates the realization of assets and the liquidation of liabilities in the normal course of business. Currently, the Company has a working capital deficit of $78,702, an accumulated deficit of $630,582 and net loss from operations since inception of $630,582. The Company does not have a source of revenue sufficient to cover its operation costs giving substantial doubt for it to continue as a going concern. The Company will be dependent upon the raising of additional capital through placement of our common stock in order to implement its business plan, or merge with an operating company. There can be no assurance that the Company will be successful in either situation in order to continue as a going concern. The Company funded its initial operations by way of issuing Founder’s shares.

  

The officers and directors have committed to advancing certain operating costs of the Company, including Legal, Audit, Transfer Agency and Edgarizing costs.

 

NOTE 3 – CAPITAL STOCK

 

The Company’s capitalization was reduced to 75,000,000 common shares with a par value of $0.001 per share, on July 27, 2015. No preferred shares have been authorized or issued.

 

As of October 31, 2023, the Company has not granted any stock options and has recorded $25,000 stock-based compensation.

 

On October 31, 2023, the Company had 53,560,745 common shares issued and outstanding and on April 30, 2023 the Company had 53,560,745 common shares issued and outstanding.

 

NOTE 4 – RELATED PARTY TRANSACTIONS

 

The Company does not have any related party transactions

 

 

 

 8 

 

 

NOTE 5 – RECENT ACCOUNTING PRONOUNCEMENTS

 

The company has evaluated all the recent accounting pronouncements and believes that none of them will have a material effect on the company’s financial statement.

 

NOTE 6 – SUBSEQUENT EVENTS

 

On May 6, 2023 Carl Maybin resigned as Officer and Director of KUSA and appointed Caren Currier as President and Director. Along with his resignation, Carl Maybin acknowledged that he is no longer owed any past compensation and forever cancels any and all indebtedness in both principal and interest.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 9 

 

 

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations.

 

This section of this report includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this report. These forward looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.

 

Overview

 

On July 27, 2015, the Company approved and effected a name change to Kashin, Inc. Kashin, Inc. fka Singular Chef, Inc. ("the Company", "our" or "we") was incorporated in the State of Nevada as a for-profit company on April 09, 2009. The Company is a development stage company that intends to provide specialized step-by-step cooking tutorials through the website we are currently developing for monthly subscribers and on pay-per-view basis.

 

Results of Operations

 

The Company has not yet generated any revenue from its operations and has generated no revenues unrelated to its operations. Expenses for the three months ended October 31, 2023, were $8,574 resulting in a net loss of $39,604 as compared to expenses for the three months ended October 31, 2022 of $5,892 resulting in a net loss of $5,892. The net loss of $39,604 for the six months ended October 31, 2023 is a result of Revenues of $Nil, Office and general expenses of $8,804 consisting primarily of transfer agent fees and Professional Fees of 31,800 as compared to the net loss of $33,099 for the six months ended October 31, 2022 is a result of Revenues of $Nil, Office and general expenses of $33,099 consisting primarily of transfer agent fees and Professional Fees.

 

Capital Resources and Liquidity

 

Our auditors have issued a “going concern” opinion, meaning that there is substantial doubt if we can continue as an on-going business for the next twelve months unless we obtain additional capital. No substantial revenues are anticipated until we have implemented our plan of operations. With the exception of cash advances from our sole Officer and Director, our only source for cash at this time is investments by others. We must raise cash to implement our strategy and stay in business.

 

For the period ended October 31, 2023 and October 31, 2022, the Company had cash of Nil. Accounts payable and accrued liabilities for the period ended October 31, 2023 were $2,261. The funds available to the Company will not be sufficient to fund the planned operations of the Company and maintain a reporting status.

 

As of October 31, 2023 and April 30, 2023, the Company has received $NIL in loans and payment of expenses from a related party. As of October 31, 2023 and April 30, 2023, a second related party has paid expenses of $NIL respectively, on behalf of the Company.

 

 

 

 10 

 

 

Off-balance sheet arrangements

 

Other than the situation described in the section titled Capital Recourses and Liquidity, the company has no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect or change on the company's financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors. The term “off-balance sheet arrangement” generally means any transaction, agreement or other contractual arrangement to which an entity unconsolidated with the company is a party, under which the company has (i) any obligation arising under a guarantee contract, derivative instrument or variable interest; or (ii) a retained or contingent interest in assets transferred to such entity or similar arrangement that serves as credit, liquidity or market risk support for such assets.

 

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

 

The Company is a smaller reporting Company as defined by Rule 12b-2 of the Securities Act of 1934 and we are not required to provide the information under this item.

 

Item 4. Controls and Procedures.

 

Disclosure Controls and Procedures

 

Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported, within the time period specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed or submitted under the Securities Exchange Act of 1934 is accumulated and communicated to management including our principal executive officer and principal financial officer as appropriate, to allow timely decisions regarding required disclosure.

 

In connection with this quarterly report, as required by Rule 15d-15 under the Securities Exchange Act of 1934, we have carried out an evaluation of the effectiveness of the design and operation of our company's disclosure controls and procedures. This evaluation was carried out under the supervision and with the participation of our company's management, including our company's principal executive officer and principal financial officer. Based upon that evaluation, our company's principal executive officer and principal financial officer concluded that subject to the inherent limitations noted in this Part II, Item 9A(T) as of October 31, 2023, our disclosure controls and procedures were not effective due to the existence of material weaknesses in our internal controls over financial reporting.

 

Changes in Internal Control Over Financial Reporting

 

There were no changes in our internal control over financial reporting (as defined in Rule 13a-15(f) or 15d-15(f)) during the quarter ended October 31, 2023 that have materially affected, or are reasonably likely to materially affect, our internal controls over financial reporting.

 

 

 

 

 

 

 

 

 

 

 11 

 

 

PART II—OTHER INFORMATION

 

Item 1. Legal Proceedings.

 

The Company is not a party to any pending legal proceedings, and no such proceedings are known to be contemplated.

 

No director, officer, or affiliate of the Company and no owner of record or beneficial owner of more than 5.0% of the securities of the Company, or any associate of any such director, officer or security holder is a party adverse to the Company or has a material interest adverse to the Company in reference to pending litigation.

 

Item 1A. Risk Factors.

 

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Act of 1934 and are not required to provide the information under this item.

 

Item 2. Unregistered Sales of Securities and Use of Proceeds.

 

None

 

Item 3. Defaults Upon Senior Securities.

 

None

 

Item 4. Mine Safety Disclosures.

 

None

 

Item 5. Other Information.

 

(a)     None

 

Item 6. Exhibits.

 

31.1   Rule 13(a)-14(a)/15(d)-14(a) Certification of Chief Executive Officer
     
31.2   Rule 13(a)-14(a)/15(d)-14(a) Certification of Chief Financial Officer *
     
32.1   Section 1350 Certification of Chief Executive Officer
     
32.2   Section 1350 Certification of Chief Financial Officer **
     
101    XBRL Interactive Data Files

__________

* Included in Exhibit 31.1

 

** Included in Exhibit 32.1

 

 

 12 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

Kashin, Inc.

(Registrant)

 
       
Date: December 4, 2023 By: /s/ Caren Currier  
    Caren Currier  
   

President and Director

Principal and Executive Officer

Principal Financial Officer

Principal Accounting Officer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 13 

EXHIBIT 31.1

 

CERTIFICATIONS

 

I, Caren Currier, certify that:

 

1. I have reviewed this quarterly report of Kashin, Inc.;
   
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
   
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
   
4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in the Exchange Act Rules 13a-15(f) and 15d – 15(f)) for the registrant and have:

 

  a) Designed such disclosure controls and procedures, or caused such controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
     
  b) Designed such internal controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
     
  c) Evaluated the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
     
  d) Disclosed in this report any change in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing equivalent functions):

 

  a) All significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and,
     
  b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

 

 

Date: December 4, 2023 By /s/ Caren Currier  
    Caren Currier  
   

President, Principal Executive Officer, 

Principal Financial Officer and Director 

 

 

 

EXHIBIT 32.1

 

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

In connection with the Quarterly Report on Form 10-Q for the period ended October 31, 2023 of Kashin, Inc., a Nevada corporation (the “Company”), as filed with the Securities and Exchange Commission on the date hereof (the "Quarterly Report"), I, Caren Currier, President and Chief Financial Officer of the Company certify, pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 

1. The Quarterly Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities and Exchange Act of 1934, as amended; and
   
2. The information contained in this Quarterly Report fairly presents, in all material respects, the financial condition and results of operation of the Company.

 

 

 

Date: December 4, 2023 By /s/ Caren Currier  
    Caren Currier  
   

President, Principal Executive Officer,

Principal Financial Officer and Director

 

 

 

v3.23.3
Cover
6 Months Ended
Oct. 31, 2023
shares
Cover [Abstract]  
Document Type 10-Q
Amendment Flag false
Document Quarterly Report true
Document Transition Report false
Document Period End Date Oct. 31, 2023
Document Fiscal Period Focus Q2
Document Fiscal Year Focus 2024
Current Fiscal Year End Date --04-30
Entity File Number 333-161240
Entity Registrant Name Kashin, Inc.
Entity Central Index Key 0001467845
Entity Tax Identification Number 26-4711535
Entity Incorporation, State or Country Code NV
Entity Address, Address Line One 112 North Curry Street
Entity Address, City or Town Carson City
Entity Address, State or Province NV
Entity Address, Postal Zip Code 89703-4934
City Area Code (626)
Local Phone Number 429-2780
Entity Current Reporting Status No
Entity Interactive Data Current No
Entity Filer Category Non-accelerated Filer
Entity Small Business true
Entity Emerging Growth Company false
Entity Shell Company false
Entity Common Stock, Shares Outstanding 53,560,745
v3.23.3
Condensed Balance Sheets (Unaudited) - USD ($)
Oct. 31, 2023
Apr. 30, 2023
CURRENT ASSETS    
Cash $ 0 $ 0
TOTAL CURRENT ASSETS 0 0
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 7,037 1,904
Other Payables 75,965 41,493
Notes Payable 0 0
TOTAL CURRENT LIABILITIES 83,002 43,398
STOCKHOLDERS' EQUITY (DEFICIT)    
Capital stock – Authorized 75,000,000 shares of common stock, $0.001 par value, 53,560,745 issued and outstanding 53,561 53,561
Additional Paid in Capital 494,019 494,019
Accumulated deficit (630,582) (590,978)
TOTAL STOCKHOLDERS' EQUITY/(DEFICIT) (83,002) (43,398)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY/(DEFICIT) $ 0 $ 0
v3.23.3
Condensed Balance Sheets (Unaudited) (Parenthetical) - $ / shares
Oct. 31, 2023
Apr. 30, 2023
Statement of Financial Position [Abstract]    
Common Stock, Shares Authorized 75,000,000 75,000,000
Common Stock, Par or Stated Value Per Share $ 0.001 $ 0.001
Common Stock, Shares, Issued 53,560,745 53,560,745
Common Stock, Shares, Outstanding 53,560,745 53,560,745
v3.23.3
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Oct. 31, 2023
Oct. 31, 2022
REVENUE        
Revenues $ 0 $ 0 $ 0 $ 0
Total Revenues 0 0 0 0
EXPENSES        
Office and general 1,774 517 7,804 2,724
Professional Fees 6,800 5,375 31,800 30,375
Total Expenses, before provision of income taxes 8,574 5,892 39,604 33,099
Provision for income taxes 0 0 0 0
NET LOSS $ (8,574) $ (5,892) $ (39,604) $ (33,099)
v3.23.3
Condensed Statements of Operations (Unaudited) (Parenthetical) - $ / shares
3 Months Ended 6 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Oct. 31, 2023
Oct. 31, 2022
Income Statement [Abstract]        
Earnings Per Share, Basic $ 0 $ 0 $ 0 $ 0
Earnings Per Share, Diluted $ 0 $ 0 $ 0 $ 0
Weighted Average Number of Shares Outstanding, Basic 53,560,745 53,560,745 53,560,745 53,560,745
Weighted Average Number of Shares Outstanding, Diluted 53,560,745 53,560,745 53,560,745 53,560,745
v3.23.3
Condensed Statements of Stockholders Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Share Subscriptions Receivable [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Apr. 30, 2020 $ 28,561 $ 494,019 $ (632,645) $ (108,637)
Shares, Outstanding, Beginning Balance at Apr. 30, 2020 28,560,745        
Net profit 98,572 98,572
Ending balance, value at Apr. 30, 2021 $ 28,561 494,019 (534,073) (11,493)
Shares, Outstanding, Ending Balance at Apr. 30, 2021 28,560,745        
Net profit (21,884) (21,884)
Ending balance, value at Apr. 30, 2022 $ 28,561 494,019 (555,957) (33,377)
Shares, Outstanding, Ending Balance at Apr. 30, 2022 28,560,745        
Net profit (35,021) (35,021)
Stock issued new $ 25,000 25,000
Stock Issued During Period, Shares, New Issues 25,000,000        
Ending balance, value at Apr. 30, 2023 $ 53,561 494,019 (590,978) (43,398)
Shares, Outstanding, Ending Balance at Apr. 30, 2023 53,560,745        
Net profit (31,030) (31,030)
Ending balance, value at Jul. 31, 2023 $ 53,561 494,019 (622,008) (74,428)
Shares, Outstanding, Ending Balance at Jul. 31, 2023 53,560,745        
Beginning balance, value at Apr. 30, 2023 $ 53,561 494,019 (590,978) (43,398)
Shares, Outstanding, Beginning Balance at Apr. 30, 2023 53,560,745        
Net profit         (39,604)
Ending balance, value at Oct. 31, 2023 $ 53,561 494,019 (630,582) (83,002)
Shares, Outstanding, Ending Balance at Oct. 31, 2023 53,560,745        
Beginning balance, value at Jul. 31, 2023 $ 53,561 494,019 (622,008) (74,428)
Shares, Outstanding, Beginning Balance at Jul. 31, 2023 53,560,745        
Net profit (8,574) (8,574)
Ending balance, value at Oct. 31, 2023 $ 53,561 $ 494,019 $ (630,582) $ (83,002)
Shares, Outstanding, Ending Balance at Oct. 31, 2023 53,560,745        
v3.23.3
Condensed Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Oct. 31, 2023
Oct. 31, 2022
OPERATING ACTIVITIES    
Net loss $ (39,604) $ (33,099)
Adjustment to reconcile net loss to net cash used in operating activities:    
Stock issued for consulting services 0 0
Expenses paid on company's behalf by related party 34,590 7,385
Increase (decrease) in accounts payable 5,014 714
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 0 (25,000)
FINANCING ACTIVITIES    
Proceeds from sale of common stock 0 25,000
Notes Payable 0 0
Loan from Related Party 0 0
NET CASH PROVIDED BY FINANCING ACTIVITIES 0 25,000
NET INCREASE (DECREASE) IN CASH 0 0
CASH, BEGINNING OF PERIOD 0 0
CASH, END OF PERIOD 0 0
Supplemental cash flow & noncash financing activities:    
Common stock issued in exchange of payable assignment/settlement 0 0
Cash paid for:    
Interest 0 0
Income taxes $ 0 $ 0
v3.23.3
CONDENSED FINANCIAL STATEMENTS
6 Months Ended
Oct. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
CONDENSED FINANCIAL STATEMENTS

NOTE 1 – CONDENSED FINANCIAL STATEMENTS

 

The accompanying financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at October 31, 2023, and for all periods presented herein, have been made.

 

Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s April 30, 2023 audited financial statements. The results of operations for the periods ended October 31, 2023 and the same period last year are not necessarily indicative of the operating results for the full years.

 

The Company changed its name on July 27, 2015 to Kashin, Inc. having received FINRA’s approval.

 

Since the company has been dormant for over two years, the company now has a Shell status.

 

v3.23.3
GOING CONCERN
6 Months Ended
Oct. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
GOING CONCERN

NOTE 2 – GOING CONCERN

 

The Company’s financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern. This contemplates the realization of assets and the liquidation of liabilities in the normal course of business. Currently, the Company has a working capital deficit of $78,702, an accumulated deficit of $630,582 and net loss from operations since inception of $630,582. The Company does not have a source of revenue sufficient to cover its operation costs giving substantial doubt for it to continue as a going concern. The Company will be dependent upon the raising of additional capital through placement of our common stock in order to implement its business plan, or merge with an operating company. There can be no assurance that the Company will be successful in either situation in order to continue as a going concern. The Company funded its initial operations by way of issuing Founder’s shares.

  

The officers and directors have committed to advancing certain operating costs of the Company, including Legal, Audit, Transfer Agency and Edgarizing costs.

 

v3.23.3
CAPITAL STOCK
6 Months Ended
Oct. 31, 2023
Equity [Abstract]  
CAPITAL STOCK

NOTE 3 – CAPITAL STOCK

 

The Company’s capitalization was reduced to 75,000,000 common shares with a par value of $0.001 per share, on July 27, 2015. No preferred shares have been authorized or issued.

 

As of October 31, 2023, the Company has not granted any stock options and has recorded $25,000 stock-based compensation.

 

On October 31, 2023, the Company had 53,560,745 common shares issued and outstanding and on April 30, 2023 the Company had 53,560,745 common shares issued and outstanding.

 

v3.23.3
RELATED PARTY TRANSACTIONS
6 Months Ended
Oct. 31, 2023
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 4 – RELATED PARTY TRANSACTIONS

 

The Company does not have any related party transactions

 

v3.23.3
RECENT ACCOUNTING PRONOUNCEMENTS
6 Months Ended
Oct. 31, 2023
Recent Accounting Pronouncements  
RECENT ACCOUNTING PRONOUNCEMENTS

NOTE 5 – RECENT ACCOUNTING PRONOUNCEMENTS

 

The company has evaluated all the recent accounting pronouncements and believes that none of them will have a material effect on the company’s financial statement.

 

v3.23.3
SUBSEQUENT EVENTS
6 Months Ended
Oct. 31, 2023
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 6 – SUBSEQUENT EVENTS

 

On May 6, 2023 Carl Maybin resigned as Officer and Director of KUSA and appointed Caren Currier as President and Director. Along with his resignation, Carl Maybin acknowledged that he is no longer owed any past compensation and forever cancels any and all indebtedness in both principal and interest.

 

v3.23.3
GOING CONCERN (Details Narrative) - USD ($)
Oct. 31, 2023
Apr. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]    
Working capital $ 78,702  
Retained Earnings (Accumulated Deficit) $ 630,582 $ 590,978
v3.23.3
CAPITAL STOCK (Details Narrative) - USD ($)
12 Months Ended
Apr. 30, 2023
Oct. 31, 2023
Equity [Abstract]    
Common Stock, Shares Authorized 75,000,000 75,000,000
Common Stock, Par or Stated Value Per Share $ 0.001 $ 0.001
Options outstanding   0
Share-Based Payment Arrangement, Noncash Expense $ 25,000  
Common Stock, Shares, Issued 53,560,745 53,560,745
Common Stock, Shares, Outstanding 53,560,745 53,560,745

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