UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

Mark One

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

For the quarterly period ended ~~June~~December 3031, 2020

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

For the transition period from ______ to _______

Commission File No. 333-234796

Excellerant, Inc.

(Exact name of registrant as specified in its charter)

Nevada

8000

98-1497791

(State or other jurisdiction of

incorporation or Organization)

(Primary Standard Industrial

Classification Code Number)

(IRS Employer

Identification Number)

302 Yayun Ave, Panyu,

Guangzhou, Guangdong 510000,

China.

+17027769823

excellerantinc@yahoo.com

(Address, including zip code, and telephone number,

including area code, of registrant’s principal executive offices)

Incorp Services, Inc

3773 Howard Hughes Parkway Suite 500 S

Las Vegas, NV 89169-6014

+1 (702) 866-2500

(Name, address and telephone number of agent for service)

Indicate by checkmark whether the issuer: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 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 [X] No[ ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, 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 [X] No [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company”, and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one)

Large accelerated filer	[ ]	Accelerated filer	[ ]
Non-accelerated filer	[X]	Smaller reporting company	[X]
(Do not check if a smaller reporting company)		Emerging growth company	[X]

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. [X]

Indicate by checkmark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes [X] No [ ]

Applicable Only to Issuer Involved in Bankruptcy Proceedings During the Preceding Five Years. N/A

Indicate by checkmark whether the issuer has filed all documents and reports required to be filed by Section 12, 13 and 15(d) of the Securities Exchange Act of 1934 after the distribution of securities under a plan confirmed by a court.

Yes[ ] No[X]

Applicable Only to Corporate Registrants

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date:

Class	Outstanding as of ~~July~~January 2115, ~~2020~~2021
Common Stock: $0.0001	5,648,000

TABLE OF CONTENTS

PART I. FINANCIAL INFORMATION 4 Item 1. Financial Statements 4 Balance Sheets 4 Statement of Operation 5 Statement of Stockholder Equity 6 Statement of Cash Flows 7 Notes to the Financial Statements 8 Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations 1113 Item 3. Quantitative and Qualitative Disclosures about Market Risk 1415 Item 4. Controls and Procedures 1415 PART II. OTHER INFORMATION 1516 Item 1. Legal Proceedings 1516 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 1516 Item 3. Defaults Upon Senior Securities 1516 Item 4. Mine Safety Disclosures 1516 Item 5. Other Information 1516 Item 6. Exhibits 1516 SIGNATURES 1617

PART I. FINANCIAL INFORMATION

Item 1. Financial Statements

EXCELLERANT, INC.

BALANCE SHEETS

(Unaudited)

	June 30, 2020		September 30, 2019
	December 31, 2020		September 30, 2020
	(Unaudited)		(Audited)
ASSETS
Current Assets
Escrow account	$	232,~~045~~945	$	-20,745
Total Current Assets		232,~~045~~945		-20,745
Total Assets	$	232,~~045~~945	$	-20,745
LIABILITIES AND STOCKHOLDERS’ DEFICIT
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities
Current Liabilities
Accrued expenses	$	-	$	4,500
Accounts payable - related party		19,000		16,000
Accounts payable		13,000		4,000
Director loan		10,832		10,832
Loan from director		10,832		2,223
Total Current Liabilities	$	29,832	$	26,832
Total Current Liabilities	$	23,832	$	10,723
Commitments and Contingencies		-		-
Stockholders’ Deficit
Common stock, par value $0.0001; 75,000,000 shares authorized, 5,648,000 and 3,000,000 shares issued and outstanding respectively;		564		300
Common stock, par value $0.0001; 75,000,000 shares authorized, 5,648,000 shares issued and outstanding		564		564
Additional paid-in capital		26,216		-26,216
Accumulated deficit		(2753,~~567~~667)		(1132,~~023~~867)
Total Stockholders’ Equity	$	(~~787~~26,887)	$	(106,~~723~~087)
Total Liabilities and Stockholders’ Deficit	$	232,~~045~~945	$	-20,745

See accompanying notes to the financial statements.

EXCELLERANT, INC.

STATEMENT OF OPERATION

	For the Three Months Ended June 30, 2020		For the Nine Months Ended June 30, 2020
	For the Three Months Ended December 31, 2020		For the Three Months Ended December 31, 2019
	(Unaudited)		(Unaudited)
REVENUES	$	-	$	-
General and Administrative Expenses		720,~~251~~800		213,~~044~~313
NET INCOME (LOSS) FROM OPERATION		(720,~~251~~800)		(213,~~044~~313)
INCOME LOSS BEFORE TAXES		(720,~~251~~800)		(213,~~044~~313)
PROVISION FOR TAXES		-		-
NET INCOME/ LOSS	$	(720,~~251~~800)	$	(213,~~044~~313)
NET LOSS PER SHARE: BASIC AND DILUTED	$	(0.00)	$	(0.00)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED		34,~~398~~147,~~088~~037		23,~~995~~000,~~646~~000

See accompanying notes to the financial statements.

EXCELLERANT, INC.

STATEMENT OF STOCKHOLDER EQUITY

(Unaudited)

	Common Stock
	Shares	Amount		Additional Paid-in Capital		Deficit Accumulated		Total Stockholder’s Equity ~~(Deficit)~~
May 30, 2019 Inception date	-	$	-	$	-	$	-	$	-
Shares issued for compensation at $0.0001 per share	3,000,000		300		-		-		300
Net loss for the year ended September 30, 2019	-		-		-		(11,023)		(11,023)
Balance, September 30, 2019	3,000,000	$	300	$	-	$	(11,023)	$	(10,723)
Net loss for the quarter ended December 31, 2019	-		-		-		(3,313)		(3,313)
Balance, December 31, 2019	3,000,000	$	300	$	-	$	(14,336)	$	(14,036)
Shares issued for compensation at $0.01 per share	420,000		42		4,158		-		4,200
Net loss for the quarter ended March 31, 2020	-		-		-		(5,980)		(5,980)
Balance, March 31, 2020	3,420,000	$	342	$	4,158	$	(20,316)	$	(15,816)
Shares issued for compensation at $0.01 per share	2,228,000		222		22,058		-		22,280
Net loss for the quarter ended June 30, 2020	-		-		-		(7,251)		(7,251)
Balance, June 30, 2020	5,648,000	$	564	$	26,216	$	(27,567)	$	(787)
Net loss for the quarter ended September 30, 2020	-		-		-		(5,300)		(5,300)
Balance, September 30, 2020	5,648,000	$	564	$	26,216	$	(32,867)	$	(6,087)
Net loss for the quarter ended December 31, 2020	-		-		-		(20,800)		(20,800)
Balance, December 31, 2020	5,648,000	$	564	$	26,216	$	(53,667)	$	(26,887)

See accompanying notes to the financial statements.

EXCELLERANT, INC.

STATEMENT OF CASH FLOWS

	For the Nine Months Ended June 30, 2020
	For the Three Months Ended December 31, 2020		For the Three Months Ended December 31, 2019
	(Unaudited)		(Unaudited)
CASH FLOWS FROM OPERATING ACTIVITIES
Net income/loss for the period	$	(2120,~~044~~800)	$	(3,313)
Adjustments to reconcile net loss to net cash (used in) operating activities:
Changes in assets and liabilities:
Accounts payable		93,000		3,000
CASH FLOWS USED IN OPERATING ACTIVITIES		(12,044)
Accrued expenses		-		(4,500)
CASH FLOWS FROM FINANCING ACTIVITIES
CASH FLOWS USED IN OPERATING ACTIVITIES		(17,800)		(4,813)
Capital Stock		26,480
CASH FLOWS FROM FINANCING ACTIVITIES
Director Loan		~~8,609~~-		4,813
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES		~~35,089~~-		4,813
Net Cash Increase for Period		23(17,~~045~~800)		-
Cash at the beginning of Period		-20,745		-
Cash at end of Period	$	232,~~045~~945	$	-
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	$	-	$	-
Income taxes paid	$	-	$	-

See accompanying notes to the financial statements.

EXCELLERANT, INC.

NOTES TO THE FINANCIAL STATEMENTS

~~June~~December 3031, 2020

(Unaudited)

NOTE 1 - ORGANIZATION AND NATURE OF BUSINESS

EXCELLERANT, INC. (“the Company~~,”,~~ “we,” “us” or “our”) was incorporated in the State of Nevada on May 30, 2019. Our company is planning to offer a broad range of health advisory and tour services: consulting services in the field of traditional and alternative medicine and medical technologies in China; helping our customers to choose a clinic for treatment; consulting customers and helping them to arrange the itinerary, by building a route, which includes clinics, hospitals and other medical institution; providing guide services to our potential clients. We also provide them with information concerning transportation, the cost of it, how it operates and what are the best medical institutions. We are going to provide our services both to legal entities and individuals.

The company’s address is 302 Yayun Ave, Panyu, Guangzhou, Guangdong 510000, China.

NOTE 2 - GOING CONCERN

The ~~accompanying~~Company’s financial statements have been prepared inassuming ~~conformity~~that ~~with~~it ~~generally~~will ~~accepted~~continue ~~accounting principles in the United States of America (“GAAP”), which contemplate continuation of the Company~~ as a going concern., ~~The~~which ~~Company~~contemplates ~~has~~continuity ~~an accumulated deficit~~ of ~~$27~~operations,~~567~~ asrealization of ~~June 30~~assets, ~~2020. The Company currently has losses~~ and ~~has~~liquidation ~~not completed its efforts to establish a stabilized source~~ of ~~revenues~~liabilities ~~sufficient~~in ~~to cover operating costs over an extended period of time. Therefore, there is substantial doubt about~~ the ~~Company’s~~normal ~~ability~~course to continue as a going concern. Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses. The Company intends to position itself so that it will be able to raise additional funds through the capital markets. In light of ~~management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern~~business.

As reflected in the financial statements, the Company had an accumulated deficit of $(53,667) at December 31, 2020, a net loss of $(20,800) December 31, 2020. The Company has a cash balance of $2,945 at December 31, 2020. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

The Company is attempting to commence operations and generate sufficient revenue; however, the Company’s cash position may not be sufficient to support the Company’s daily operations. Management intends to raise additional funds by way of a private or public offering. While the Company believes in the viability of its strategy to commence operations and generate sufficient revenue and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further implement its business plan and generate sufficient revenue and its ability to raise additional funds by way of a public or private offering.

The financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

The Coronavirus (“COVID-19”) pandemic could adversely impact our operations, demand for our products and services and our operating results.

The impact of the coronavirus (“COVID-19”) outbreak on the financial condition of the Company will depend on future developments, including the duration and spread of the outbreak and related advisories and restrictions and the impact of COVID-19 on the overall economy, all of which are highly uncertain and cannot be predicted. If the overall economy is impacted for an extended period, the Company’s future operating results may be materially adversely affected.

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation

The accompanying financial statements have been prepared in accordance with ~~GAAP.~~generally ~~The~~accepted ~~Company’s~~accounting ~~year-end~~principles isin ~~September~~the 30United States of America.

The Company’s year-end is September 30, 2020.

Development Stage Company

The Company is a development stage company as defined in ASC 915 “Development Stage Entities.” The Company is devoting substantially all of its efforts on establishing the business and its planned principal operations have not commenced. All losses accumulated since inception has been considered as part of the Company's development stage activities.

The Company has elected to adopt application of Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. Upon adoption, the Company no longer presents or discloses inception-to-date information and other remaining disclosure requirements of Topic 915.

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

~~Deferred~~Cash ~~Offering~~and ~~Costs~~Cash Equivalents

~~Financial~~The ~~Accounting~~Company ~~Standard~~considers ~~Board~~all ~~Accounting~~highly ~~Standards~~liquid ~~Codification~~investments ~~number~~with ~~340-10-S99-1,~~the ~~Other~~original ~~Assets~~maturities ~~and~~of ~~Deferred~~three ~~Costs,~~months ~~allows~~or ~~specific,~~less ~~incremental costs directly related~~ to ~~securities offerings to~~ be ~~deferred~~cash ~~and~~equivalents. The ~~charged~~Company ~~against~~entered ~~the~~a ~~gross~~Trust ~~proceed~~Agreement ofwith the ~~offering.~~director ~~The~~and ~~Company~~set ~~defers~~up ~~applicable~~Related ~~syndication~~Party ~~expenses~~Trust ~~based~~Account onfor ~~this~~holding ~~criteria.~~funds ~~The~~in ~~Company~~relation ~~will~~to ~~write~~issuing ~~off~~shares ~~all~~for ~~deferred~~stock ~~offering~~consideration ~~costs~~of ~~if a securities offering is aborted~~$20,745.

8The Company has $2,945 cash as of December 31, 2020.

Fair Value of Financial Instruments

~~Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“~~ASC”) ~~Topic~~topic 820 "“Fair Value ~~Measurement"~~Measurements ~~defines~~and ~~fair~~Disclosures” ~~value~~establishes ~~as the exchange price that would be received for an asset or paid to transfer~~ a ~~liability~~three-tier infair ~~the~~value ~~principal~~hierarchy, orwhich ~~most~~prioritizes ~~advantageous market for~~ the ~~asset~~inputs ~~or liability~~ in anmeasuring ~~orderly transaction between market participants on the measurement date. The standards apply to recurring and nonrecurring~~ fair value ~~measurements of financial and non-financial assets and liabilities~~. The ~~Company~~hierarchy ~~determines~~prioritizes the ~~fair~~inputs ~~values~~into ofthree ~~its~~levels ~~assets and liabilities~~ based on athe ~~fair~~extent ~~value~~to ~~hierarchy~~which ~~that~~inputs ~~includes~~used ~~three~~in ~~levels~~measuring offair ~~inputs~~value ~~that~~are ~~may~~observable bein ~~used~~the ~~to measure fair value~~market.

~~For~~These ~~The~~tiers ~~three levels are defined as follows~~include:

Level 1:	defined as observable inputs such as quoted prices in active markets;
Level 2:	defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and
Level 3:	defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

Due to their short-term nature, the carrying value of escrow account, accounts payable and deferred offering costs approximated fair value at ~~June~~December 3031, 2020.

Income Taxes

Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

Basic Income (Loss) Per Share

The Company computes income (loss) per share in accordance with FASB ASC 260 “Earnings per Share.”. Basic loss per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive. ~~As of June 30, 2020 there were no potentially dilutive debt or equity instruments issued or outstanding.~~

As of December 31, 2020, there were no potentially dilutive debt or equity instruments issued or outstanding.

Stock-Based Compensation

Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.

Recent Accounting Pronouncements

WeManagement ~~have~~does ~~reviewed~~not ~~all~~believe ~~the~~that any recently- issued, but not yet effective, accounting pronouncements, ~~and~~when weadopted, ~~do not believe any of these pronouncements~~ will have a material ~~impact~~effect on the ~~Company~~accompanying financial statements.

~~Risks~~NOTE ~~and~~4 ~~Uncertainties~~- LOAN FROM DIRECTOR

InThe ~~December~~Company ~~2019,~~has areceived ~~novel~~capital ~~strain~~from ofthe ~~coronavirus~~director ~~(COVID-19)~~of ~~emerged~~the inCompany ~~Wuhan,~~to ~~Hubei~~pay ~~Province,~~for ~~China.~~the ~~While~~Company ~~initially~~expenses ~~the~~that ~~outbreak~~are ~~was~~unsecured, ~~largely~~non-interest ~~concentrated~~bearing inand ~~China~~due ~~and~~on ~~caused~~demand. ~~significant~~The ~~disruptions~~outstanding toamounts ~~its~~were ~~economy~~$10,832 itas ~~has~~of ~~now~~December ~~spread~~31, ~~to several other countries and infections have been reported globally~~2020.

~~The~~NOTE ~~ultimate~~5 ~~impact of the COVID~~-19 ~~pandemic~~ESCROW on the Company’s operations is unknown and will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the duration of the COVID-19 outbreak, new information which may emerge concerning the severity of the COVID-19 pandemic, and any additional preventative and protective actions that governments, or the Company, may direct, which may result in an extended period of continued business disruption, reduced customer traffic and reduced operations. Any resulting financial impact cannot be reasonably estimated at this time but is anticipated to have a material adverse impact on our business, financial condition and results of operations.ACCOUNT

9The Company is utilizing a trust account in RMB currency; it fluctuates immaterial amounts each day and is converted to USD for reporting currency on financial statements. The foreign currency exchange difference is immaterial to these financial statements.

~~The~~NOTE ~~measures~~6 taken to date will impact the Company’s business for the fiscal fourth quarter and potentially beyond. Management expects that all of its business segments, across all of its geographies, will be impacted to some degree, but the significance of the impact of the COVID-19 ~~outbreak~~COMMON ~~on the Company’s business and the duration for which it may have an impact cannot be determined at this time.~~STOCK

NOTE 4 - COMMON STOCK

The Company has 75,000,000, $0.0001 par value shares of voting common stock authorized.

In March 2020 the Company issued 420,000 common shares to 5 shareholders as per subscription agreement at $0.01 per share for a total price of $4,200.

As of March 31, 2020 the Company had 3,420,000 shares issued and outstanding.

In April and May 2020 the Company issued 2,228,000 of common shares as per subscription agreements at $0.01 per share for a total price of $22,280.

As of ~~June~~December 3031, 2020 the Company had 5,648,000 shares issued and outstanding.

Common Stock

All shares of common stock have voting rights and are identical. All holders of shares of common stock shall at every meeting of the stockholders be entitled to one vote for each share of the capital stock held by such stockholder.

NOTE 57 - COMMITMENTS AND CONTINGENCIES

Our sole officer and director, Lasha Morbedadze, has agreed to provide his own premise under office needs. He will not take any fee for these premises, it is for free use.

Lasha Morbedadze has executed consulting agreement receiving $1,000 per month for providing consulting services to the Company. The contract was executed on June 01, 2019 and continues for 24 months.

NOTE 68 - ~~LOAN~~INCOME ~~FROM DIRECTOR~~TAXES

~~The~~On ~~Company~~December ~~has~~22, ~~received~~2017, ~~capital from~~ the ~~director~~President of the ~~Company~~United toStates ~~pay~~signed ~~for~~into law the ~~Company~~Tax ~~expenses~~Cuts ~~that~~and ~~are~~Jobs ~~unsecured~~Act (“Tax Reform Act”). The legislation significantly changes U.S. tax law by, ~~non-interest~~among ~~bearing~~other things, lowering corporate income tax rates, implementing a territorial tax system and ~~due~~imposing a transition tax on ~~demand~~deemed repatriated earnings of foreign subsidiaries. The ~~outstanding~~Tax ~~amounts~~Reform ~~were~~Act ~~$10~~permanently reduces the U.S. corporate income tax rate from a maximum of 35% to a flat 21% rate,~~832~~ aseffective January 1, 2019. As a result of ~~June~~the 30reduction in the U.S. corporate income tax rate from 34% to 21% under the Tax Reform Act, ~~2020~~the Company revalued its ending net deferred tax assets.

~~NOTE~~The 7reconciliation -of ~~INCOME~~income ~~TAXES~~tax benefit (expenses) at the U.S. statutory rate of 21% for the period ended as follows:

The reconciliation of income tax benefit (expenses) at the U.S. statutory rate of 34% for the period ended as follows:

	December 31, 2020		September 30, 2020
Tax benefit (expenses) at U.S. statutory rate	$	(4,368)	$	(5,532)
Change in valuation allowance		4,368		5,532
Tax benefit (expenses), net	$	--	$	--

	June 30, 2020
Tax benefit (expenses) at U.S. statutory rate	$	5,789
Change in valuation allowance		(5,789)
Tax benefit (expenses), net	$	--

The tax effects of temporary differences that give rise to significant portions of the net deferred tax assets are as follows:

	June 30, 2020
	December 31, 2020		September 30, 2020
Net operating loss	$	1(11,~~522~~270)	$	(6,022)
Valuation allowance		(111,~~522)~~270		6,902
Deferred tax assets, net	$	--	$	--

The Company has accumulated approximately $~~(27~~53,~~567)~~667 of net operating losses (“NOL”) carried forward to offset future taxable income up to 20 years, if any, in future years which begin to expire in ~~fiscal~~year ~~2039~~2038. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. Based on the assessment, management has established a full valuation allowance against all of the deferred tax asset relating to NOLs for every period because it is more likely than not that all of the deferred tax asset will not be realized.

NOTE 8 - SUBSEQUENT EVENTS

In accordance with SFAS 165 (ASC 855-10) the Company has analyzed its operations subsequent to June 30, 2020 to the date these financial statements were issued.

NOTE 8 - SUBSEQUENT EVENTS

In accordance with ASC 855-10 the Company has analyzed its operations subsequent to December 31, 2020 to the date these financial statements were issued, and has determined that it does not have any material subsequent events to disclose in these financial statement.

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 (the "“Act"”) and Section 21E of the Securities Exchange Act of 1934. 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.

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

EMPLOYEES AND EMPLOYMENT AGREEMENTS

At present, we have no employees other than our officer and director. We presently do not have pension, health, annuity, insurance, stock options, profit sharing or similar benefit plans; however, we may adopt such plans in the future. There are presently no personal benefits available to any officers, directors or employees.

Results of Operation

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 ~~and Nine~~ Months Periods Ended ~~June~~December 3031, 2020:

During the three ~~and nine~~ months ~~periods~~period ended ~~June~~December 3031, 2020 we have not generated any revenues.

For the three months period ended ~~June~~December 3031, 2020 operating expenses were $ (720,~~251~~800). Operating expenses consist of mainly professional fees~~, business license and permits and consulting expenses~~.

Our net loss for the three months periods ended ~~June~~December 3031, 2020 ~~was~~were $(720,~~251~~800).

For the nine months period ended June 30, 2020 operating expenses were $(21,044). Operating expenses consist of mainly professional fees, business license and permits and consulting expenses.

Our net loss for the nine months periods ended June 30, 2020 was $(21,044).

Liquidity and Capital Resources

As at ~~June~~December 3031, 2020, our total assets were $ 232,~~045,~~945. asAs at ~~June~~December 3031, 2020, our current liabilities were $2329,832 consisting of director loan of $10,~~823~~832 and accounts payable - relate party of $1319,000.

Cash Flows from Operating Activities ~~for the nine months ended June 30, 2020~~

We have not generated positive cash flows from operating activities. For the ~~nine~~three months period ended ~~June~~December 30, 2020, net cash flows used in operating activities was $(1217,~~044~~800).

12Cash Flows from Investing Activities

~~Cash~~We ~~Flows~~have not generated cash flows from ~~Investing~~investing ~~Activities~~activities for the ~~nine~~periods three months ended ~~June~~December 3031, 2020.

~~We have not generated cash flows from investing activities for the periods nine months ended June 30, 2020.~~13

Cash Flows from Financing Activities ~~for the nine months ended June 30, 2020~~

~~For~~We ~~the~~have ~~nine~~not ~~months~~generated ~~period ended June 30, 2020, net~~ cash flows ~~provided~~from by financing activities ~~was~~for ~~$35,089~~the ~~consisting~~periods ofthree ~~director~~months ~~loan~~ended ~~and~~December ~~issuance~~31, ~~of common stock~~2020.

Plan of Operation and Funding

We expect that working capital requirements will continue to be funded through a combination of our existing funds and further issuances of securities. Our working capital requirements are expected to increase in line with the growth of our business.

Existing working capital, further advances and debt instruments, and anticipated cash flow are expected to be adequate to fund our operations over the next three 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: (i) acquisition of inventory; (ii) developmental expenses associated with a start-up business; and (iii) marketing expenses. We intend to finance these expenses with further issuances of securities, and debt issuances. 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. We will have to raise additional funds in the next twelve months in order to sustain and expand our operations. We currently do not have a specific plan of how we will obtain such funding; however, we anticipate that additional funding will be in the form of equity financing from the sale of our common stock. We have and will continue to seek to obtain short-term loans from our directors, although no future arrangement for additional loans has been made. We do not have any agreements with our directors concerning these loans. We do not have any arrangements in place for any future equity financing.

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' review report accompanying our September 30, 2020 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.

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Item 3. Quantitative and Qualitative Disclosures about Market Risk

InNo ~~December~~report ~~2019, a novel strain of coronavirus (COVID-19) emerged in Wuhan, Hubei Province, China~~required. While initially the outbreak was largely concentrated in China and caused significant disruptions to its economy, it has now spread to several other countries and infections have been reported globally.

The ultimate impact of the COVID-19 pandemic on the Company’s operations is unknown and will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the duration of the COVID-19 outbreak, new information which may emerge concerning the severity of the COVID-19 pandemic, and any additional preventative and protective actions that governments, or the Company, may direct, which may result in an extended period of continued business disruption, reduced customer traffic and reduced operations. Any resulting financial impact cannot be reasonably estimated at this time but is anticipated to have a material adverse impact on our business, financial condition and results of operations.

The measures taken to date will impact the Company’s business for the fiscal fourth quarter and potentially beyond. Management expects that all of its business segments, across all of its geographies, will be impacted to some degree, but the significance of the impact of the COVID-19 outbreak on the Company’s business and the duration for which it may have an impact cannot be determined at this time.

Item 4. Controls and Procedures

Our management is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer’s management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

An evaluation was conducted under the supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures as of ~~March~~December 31, 2020. Based on that evaluation, our management concluded that our disclosure controls and procedures were not effective as of such date to ensure that information required to be disclosed in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms. Such officer also confirmed that there was no change in our internal control over financial reporting during the three-month period ended ~~June~~December 3031, 2020 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

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PART II. OTHER INFORMATION

Item 1. Legal Proceedings

Management is not aware of any legal proceedings contemplated by any governmental authority or any other party involving us or our properties. As of the date of this Quarterly Report, no director, officer or affiliate is (i) a party adverse to us in any legal proceeding, or (ii) has an adverse interest to us in any legal proceedings. Management is not aware of any other legal proceedings pending or that have been threatened against us or our properties.

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

No report required.

Item 3. Defaults Upon Senior Securities

No report required.

Item 4. Mine Safety Disclosures

Not applicable.

Item 5. Other Information

No report required.

Item 6. Exhibits

Exhibit No.		Description

31		Rule 13(a)-14(a)/15(d)-14(a) Certification of principal executive and financial officer.

32		Section 1350 Certification of principal executive and financial officer.

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SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized in 302 Yayun Ave, Panyu, Guangzhou, Guangdong 510000, China on ~~July~~January 2215, ~~2020~~2021.

	EXCELLERANT, INC.


	By: /s/ Lasha Morbedadze
	President, Treasurer and Secretary
	(Principal Executive, Financial and Accounting Officer)

In accordance with the requirements of the Securities Act of 1933, this registration statement was signed by the following persons in the capacities and on the dates stated.

Signature	Title	Date
/s/ Lasha Morbedadze
Lasha Morbedadze	President, Treasurer, Secretary and Director (Principal Executive, Financial and Accounting Officer)	~~July~~January 2215, ~~2020~~2021

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