v3.22.1

Condensed Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Current
Cash	$ 5,709,666	$ 2,999,370
Prepaids	389,876
Total Current Assets	6,099,542	2,999,370
Goodwill	1,777,204
Total Assets	7,876,746	2,999,370
Current Liabilities
Accounts payable and accrued liabilities	19,862
Due to related parties	5,000	5,000
Total Current liabilities	24,862	5,000
Total Liabilities	24,862	5,000
Stockholders’ Equity
Convertible Series A Preferred Stock, par value $0.001: 5,000,000 issued and outstanding	5,000	5,000
Common Stock, par value $0.001; 20,535,982 issued and outstanding	20,536	20,536
Additional paid-in capital	9,845,668	3,026,404
Accumulated deficit	(2,019,320)	(57,570)
Total Stockholders’ Equity	7,851,884	2,994,370
Total Liabilities and Stockholders’ Equity	$ 7,876,746	$ 2,999,370

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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SIGNET INTERNATIONAL HOLDINGS, INC. 10-Q