UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

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

FOR THE QUARTERLY PERIOD ENDED ~~August~~November 3130, 2017

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

For the transition period from to

~~PRECISE ACQUISITION,~~COMMISSION ~~INC.~~FILE NUMBER: 333-217030

Milost International Inc.

(Exact name of registrant as specified in its charter)

Delaware	~~333~~82-~~217030~~0934660	~~82-0934660~~
(State or other jurisdiction of	(Commission File Number)	(IRS Employer
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
incorporation)		Identification No.)
48 Wall Street, Level 11 New York, NY	10005 (Zip Code)
(Address of Principal Executive Offices)

~~780~~Indicate by check mark whether the registrant ~~Reservoir~~(1) ~~Avenue~~filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), ~~#123~~and (2) has been subject to such filing requirements for the past 90 days. [X] Yes [ ] No

~~Cranston~~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 RIand ~~02910~~posted pursuant to Rule 405 of Regulation S-T (Section 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). [X] Yes [ ] No

Indicate by check mark whether the registrant ~~(Address~~is a large accelerated filer, an accelerated filer, or a non-accelerated filer or a small reporting company. See definition of large ~~principal~~accelerated ~~executive~~filer, ~~offices)~~accelerated filer and small reporting company in Rule 12b-2 of the Securities Exchange Act of 1934.

~~Registrant’s telephone~~Large ~~number,~~accelerated ~~including~~filer ~~area~~☐ ~~code~~Accelerated ~~401~~filer ☐ Non-~~641-0405~~accelerated filer ☐ (Do not check if a smaller reporting company) Smaller reporting company ☒ Emerging growth company ☒

(Former name or former address, if changed since last report.)

Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 3 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. [X] Yes [ ] 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 (Section 232.405 of this chapter) during the preceding 3 months (or for such shorter period that the registrant was required to submit and post such files). [X] 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 [X]

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. [ ]

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

[X] Yes [ ] No

~~State~~ Indicate the number of shares outstanding of each of the issuer’s classes of common ~~equity~~stock, as of ~~October~~the 6,latest ~~2017:~~practicable ~~8,000,000 shares of common stock.~~date:

-As 1of -January 19, 2018, there were 8,000,000 shares of the Registrant’s common stock, par value $0.0001 per share, issued and outstanding. As of January 19, 2018 there were no shares of preferred stock issued and outstanding.

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TABLE OF CONTENTS

PRECISE ACQUISITION, INC.

INDEX

PART I - FINANCIAL INFORMATION

		Page
PART I - FINANCIAL INFORMATION

ITEM 1	FINANCIAL STATEMENTS - UNAUDITED	F1
	BALANCE SHEETS - UNAUDITED	F1
	STATEMENTS OF OPERATIONS - UNAUDITED	F2
	STATEMENTS OF CASH FLOWS - UNAUDITED	F3
	NOTES TO UNAUDITED FINANCIAL STATEMENTS	F4-F6
ITEM 2	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS AND RESULTS OF OPERATIONS	3
ITEM 3	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	3
ITEM 4	CONTROLS AND PROCEDURES	4

PART II-OTHER INFORMATION

ITEM 1	LEGAL PROCEEDINGS	5
ITEM 1A	RISK FACTORS
ITEM 2	UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS	5
ITEM 3	DEFAULTS UPON SENIOR SECURITIES	5
ITEM 4	MINE SAFETY DISCLOSURES	5
ITEM 5	OTHER INFORMATION	5
ITEM 6	EXHIBITS	5

SIGNATURES		6

ITEM 1	FINANCIAL STATEMENTS	F1
Balance Sheets at August 31, 2017 (unaudited) and February 28, 2017		F1
Statements of Operations for the Three Months and Six Months ended August 31, 2017 (unaudited)		F2
Statements of Cash Flows for the Six Months ended August 31, 2017 (unaudited)		F3
Notes to Unaudited Financial Statements		F4-F7
ITEM 2	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	3
ITEM 3	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	4
ITEM 4	CONTROLS AND PROCEDURES	4
PART II-OTHER INFORMATION
ITEM 1	LEGAL PROCEEDINGS	4
ITEM 1A	RISK FACTORS	4
ITEM 2	UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS	4
ITEM 3	DEFAULTS UPON SENIOR SECURITIES	4
ITEM 4	MINE SAFETY DISCLOSURES	5
ITEM 5	OTHER INFORMATION	5
ITEM 6	EXHIBITS	5
SIGNATURES		5

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PART I - FINANCIAL INFORMATION

ITEM 1

FINANCIAL STATEMENTS

~~PRECISE~~Milost ~~ACQUISITION,~~International ~~INC~~Inc.

BALANCE SHEETS

	August 31, 2017 (Unaudited)		February 28, 2017
ASSETS
TOTAL ASSETS	$	-	$	-
LIABILITIES AND STOCKHOLDERS’ DEFICIT
CURRENT LIABILITIES:
Accrued expenses	$	1,250		1,550
TOTAL LIABILITIES	$	1,250	$	1,550
STOCKHOLDERS’ DEFICIT:
Preferred stock, $0.0001 par value; 20,000,000 shares authorized; none issued or outstanding as of August 31, 2017 and February 28, 2017		-		-
Common stock, $0.0001 par value; 500,000,000 shares authorized; 8,000,000 shares issued and outstanding as of August 31, 2017 and February 28, 2017		800		800
Additional paid in capital		8,198		1,948
Accumulated deficit		(10,248)		(4,298)
TOTAL STOCKHOLDERS’ DEFICIT		(1,250)		(1,550)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	-	$	-

(UNAUDITED)

	November 30, 2017 (Unaudited)		February 28, 2017
ASSETS
TOTAL ASSETS	$	-	$	-

LIABILITIES AND STOCKHOLDERS’ DEFICIT

CURRENT LIABILITIES:
Accrued expenses	$	3,550	$	1,550
TOTAL LIABILITIES	$	3,550	$	1,550


STOCKHOLDERS’ DEFICIT:
Preferred stock, $0.0001 par value; 20,000,000 shares authorized; none issued or outstanding as of November 30, 2017 and February 28, 2017		-		-
Common stock, $0.0001 par value; 500,000,000 shares authorized; 8,000,000 shares issued and outstanding as of November 30, 2017 and February 28, 2017		800		800
Additional paid in capital		9,448		1,948
Accumulated deficit		(13,798)		(4,298)
TOTAL STOCKHOLDERS’ DEFICIT		(3,550)		(1,550)

TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	-	$	-

The accompanying notes are an integral part of these unaudited financial statements.

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~~PRECISE~~Milost ~~ACQUISITION,~~International ~~INC~~Inc.

~~sTATEMENT~~STATEMENTS OF OPERATIONS

(UNAUDITED)

		Three Months Ended August 31, 2017		Six Months Ended August 31, 2017
		Three Months Ended November 30, 2017		Nine Months Ended November 30, 2017
Revenue	$	-	$	-
Expenses:
General and administration	$	53,~~250~~550	$	59,~~950~~500
Operating loss	$	(53,~~250~~550)	$	(59,~~950~~500)
Net Loss	$	(53,~~250~~550)	$	(59,~~950~~500)
Basic and Diluted Loss Per Share	$	(0.00)	$	(0.00)
Weighted average number of common shares outstanding		8,000,000		8,000,000

The accompanying notes are an integral part of these unaudited financial statements.

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~~PRECISE~~Milost ~~ACQUISITION,~~International ~~INC~~Inc.

~~STATEMENT~~STATEMENTS OF CASH FLOWS

(~~Unaudited~~UNAUDITED)

		Six Months Ended August 31, 2017
		Nine Months Ended November 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(59,~~950~~500)
Change in current assets and liabilities:
Accrued expenses		~~(300)~~2,000
Contributed Capital		67,~~250~~500
Net Cash Provided By (used in) Operating Activities		-
Net Cash Used In Investing Activities		-
Net Cash Used In Financing Activities		-
CHANGE IN CASH		-
CASH AT BEGINNING OF PERIOD	$	-
CASH AT END OF PERIOD	$	-
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid for:	$	-
Interest	$	-
Income Taxes	$	-

The accompanying notes are an integral part of these unaudited financial statements.

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~~PRECISE~~Milost ~~acquisition,~~International ~~inc~~Inc.

NOTES TO THE FINANCIAL STATEMENTS

~~August 31~~NOVEMBER 30, 2017

(UNAUDITED)

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

~~Precise~~Milost International, Inc., (formerly known as Precise Acquisition, Inc.), a Delaware corporation (“the Company”) was incorporated under the laws of the State of Delaware on January 30, 2017 with the name Precise Acquisition, Inc. The Company intends to ~~serve~~seek ~~as a vehicle~~ to ~~affect~~acquire anassets ~~asset~~or ~~acquisition,~~shares ~~merger, exchange~~ of ~~capital~~an ~~stock or~~entity ~~other~~actively engaged in business ~~combination~~which ~~with~~generates arevenues, ~~domestic~~in orexchange ~~foreign~~for ~~business~~its securities. As of ~~August~~November 3130, 2017, the Company had not yet commenced any operations.

On September 22, 2017, Thomas DeNunzio of 780 Reservoir Avenue, #123, Cranston, RI 02910, the former sole shareholder of Precise Acquisition, Inc. (the “Registrant” or “Company”), entered into a Share Purchase Agreement (the “Agreement”) with Milost Global Inc. with an address at 48 Wall Street, Level 11, NY, NY 10005.

On October 9, 2017 pursuant to the consummation of the Agreement, Mr. DeNunzio transferred to Milost Global Inc., 8,000,000 shares of common stock which represents all of the issued and outstanding shares.

On October 9, 2017, Mr. Thomas DeNunzio resigned as Chief Executive Officer, Chief Financial Officer, President, Director, Secretary, and Treasurer.

On October 9, 2017, Mr. Mandla J. Gwadiso was appointed Chief Executive Officer and Chairman of the Board of Directors, Mr. Bernard B. Yaw was appointed president and director, Mr. Madhava Rao Mankal was appointed Chief Financial Officer and director, and Ms. Darlene Aulder was appointed secretary and treasurer.

The Company has elected February 28^thas its fiscal year end.

The accompanying unaudited interim financial statements of the Company have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission, or the SEC, including the instructions to Form 10-Q and Regulation SX. In the opinion of the management of the Company, all adjustments, which are of a normal recurring nature, necessary for a fair statement of the financial position as of ~~August~~November 3130, 2017, and ~~the~~ the results of operations and cash flows for the three and ~~six~~nine month periods ended ~~August~~November 3130, 2017. Results for the interim ~~periods~~ periods presented are not necessarily indicative of the results that might be expected for the entire fiscal year ending February 28, 2018. When used in these notes, the terms "Company", "we", "us" or "our" mean the Company. Certain information and note disclosure normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States of America has been omitted from these interim financial statements pursuant to such accounting principles and, accordingly, they do not include all the information and notes necessary for comprehensive interim financial statements and should be read in conjunction with our audited financial statements for the year ended February 28, 2017.

NOTE 2 – - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

This summary of significant accounting policies is presented to assist in understanding the Company's financial statements. These accounting policies conform to accounting principles, generally accepted in the United States of America, and have been consistently applied in the preparation of the financial statements.

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 of the financial statements and the reported amounts of revenues and expenses during the reporting period. In the opinion of management, all adjustments necessary in order to make the financial statements not misleading have been included. Actual results could differ from those estimates.

Cash and Cash Equivalents

The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Cash and cash equivalents at ~~August~~November 3130, 2017 and February 28, 2017 were $0.

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Income Taxes

The Company accounts for income taxes under ASC 740, “Income Taxes.” Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations. No deferred tax assets or liabilities were recognized at ~~August~~November 3130, 2017.

Basic Earnings (Loss) Per Share

The Company computes basic and diluted earnings (loss) per share in accordance with ASC Topic 260, Earnings per Share. Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding during the reporting period. Diluted earnings (loss) per share reflects the potential dilution that could occur if stock options and other commitments to issue common stock were exercised or equity awards vest resulting in the issuance of common stock that could share in the earnings of the Company.

The Company does not have any potentially dilutive instruments as of ~~August~~November 3130, 2017 and, thus, anti-dilution issues are not applicable.

Fair Value of Financial Instruments

The Company’s balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization.

ASC 820, Fair Value Measurements and Disclosures, defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:

- Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.

- Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means.

- Level 3 - Inputs that are both significant to the fair value measurement and unobservable.

Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of ~~August~~November 3130, 2017. The respective carrying ~~value~~ value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. These financial instruments include accrued expenses.

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Related Parties

The Company follows ASC 850, Related Party Disclosures, for the identification of related parties and disclosure of related party transactions.

Share-Based Compensation

ASC 718, “Compensation – Stock Compensation”, prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired. Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights. Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period).

The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, “Equity – Based Payments to Non-Employees.” Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date.

The Company had no stock-based compensation plans as of ~~August~~November 3130, 2017.

The Company’s stock based compensation for the period ended ~~August~~November 3130, 2017 was $0.

Recently Issued Accounting Pronouncements

The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new pronouncements that have been issued that might have a material impact on its financial position or results of operations.

NOTE 3 - F5GOING -CONCERN

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NOTE 3 – GOING CONCERN

The Company demonstrates adverse conditions that raise substantial doubt about the Company's ability to continue as a going concern for one year following the issuance of these financial statements. These adverse conditions are negative financial trends, specifically operating loss, working capital deficiency, and other adverse key financial ratios.

The Company has not established any source of revenue to cover its operating costs. Management plans to fund operating expenses with related party contributions to capital. There is no assurance that management's plan will be successful.

The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event that the Company cannot continue as a going concern.

NOTE 4 - – ACCRUED EXPENSES

Accrued expenses totaled $13,~~250~~550 as of ~~August~~November 3130, 2017 as compared to February 28, 2017 which was $1,550 and consisted primarily of professional fees.

NOTE 5 - – INCOME TAXES

The Company has not recognized an income tax benefit for its operating losses generated based on uncertainties concerning its ability to generate taxable income in future periods. The tax benefit for the period presented is offset by a valuation allowance established against deferred tax assets arising from the net operating losses, the realization of which could not be considered more likely than not. In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not. As of August 31, 2017, the Company has incurred a net loss of approximately $912,~~448~~998 which resulted in a net operating loss for income tax purposes. NOLs begin expiring in 2037. The loss results in a deferred tax asset of approximately $34,~~307~~549 at the ~~effective~~ effective statutory rate of 35%. The deferred tax asset has been off-set by an equal valuation allowance.

~~NOTE 6 – COMMITMENTS AND CONTINGENCIES~~-F5-

The Company follows ASC 450-20, Loss Contingencies, to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. There were no commitments or contingencies as of August 31, 2017.

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NOTE 76 –- ~~SHAREHOLDER~~COMMITMENTS ~~EQUITY~~AND CONTINGENCIES

The Company follows ASC 450-20, Loss Contingencies, to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. There were no commitments or contingencies as of November 30, 2017.

NOTE 7 - SHAREHOLDER EQUITY

Preferred Stock

The authorized preferred stock of the Company consists of 20,000,000 shares with a par value of $0.0001. The Company had no shares of preferred stock issued and outstanding at ~~August 31,~~November 30, 2017 and February 28, 2017.

Common Stock

The authorized common stock of the Company consists of 500,000,000 shares with a par value of $0.0001. There were 8,000,000 shares of common stock issued and outstanding at ~~August~~November 3130, 2017 and February 28, 2017.

On January 30, 2017, the Company issued 8,000,000 founder’s shares of restricted common stock valued at $800 at par value ($.0001) to our former sole officer and director, Mr. Thomas DeNunzio, in exchange for the development of the business plan for the Company.

~~The~~On ~~Company~~October ~~did~~9, ~~not~~2017, ~~have~~pursuant ~~any~~to ~~potentially~~the ~~dilutive~~Agreement, ~~instruments~~Mr. DeNunzio astransferred ofto ~~August~~Milost ~~31,~~Global ~~2017 and~~Inc., ~~thus~~8,000,000 ~~anti-dilution~~shares ~~issues~~of ~~are~~common ~~not~~stock ~~applicable~~which represents all of the issued and outstanding shares.

The Company did not have any potentially dilutive instruments as of November 30, 2017 and, thus, anti-dilution issues are not applicable.

Additional paid-in capital

During the period ended ~~August~~November 3130, 2017 our ~~sole~~former ~~officer~~sole officer and director, Mr. Thomas DeNunzio, paid expenses and accrued expenses on behalf of the Company totaling $67,~~250~~500. These expenses are considered contributions to the Company and consisted primarily of professional fees.

NOTE 8 – - RELATED-PARTY TRANSACTIONS

Equity

Additional paid-in capital

During the period ended ~~August~~November 3130, 2017, our former sole officer and director Thomas DeNunzio paid expenses on behalf of the Company totaling $67,~~250~~500. These expenses are considered contributions to the Company and consisted primarily of professional fees.

During the period ended February 28, 2017 our former sole officer and director Thomas DeNunzio paid expenses on behalf of the Company totaling $1,948. These expenses are considered contributions to the Company and consisted primarily of filing fees. Total additional paid-in capital is $89,~~198~~448 at ~~August~~November 3130, 2017.

NOTE 9 – - SUBSEQUENT EVENTS

Management has evaluated subsequent events through the date ~~October~~these 6,financial ~~2017~~statements were issued. Based on our evaluation, no events have occurred requiring adjustment or disclosure.

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ITEM 2 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS\

~~RESULTS OF~~Forward-Looking ~~OPERATIONS~~Statements

~~For~~Certain statements, other than purely historical information, including ~~the~~estimates, ~~three~~projections, ~~months~~statements ~~ended~~relating ~~August~~to 31our business plans, ~~2017~~objectives, weand ~~had~~expected aoperating ~~net~~results, ~~loss~~and the assumptions upon which those statements are based, are “forward-looking statements” within the meaning of $5the Private Securities Litigation Reform Act of 1995,~~250~~ ~~whereas~~Section 27A ~~for~~of the ~~six~~Securities ~~months~~Act ~~ended~~of ~~August~~1933 31and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally are identified by the words “believes,” ~~2017~~“project,” “expects,” we“anticipates,” ~~had~~“estimates,” “intends,” “strategy,” “plan,” a“may,” ~~net~~“will,” ~~loss~~“would,” “will be,” “will continue,” “will likely result,” and similar expressions. We intend such forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of $51995,~~950~~ and are including this statement for purposes of complying with those safe-harbor provisions. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. Our ~~net~~ability ~~loss~~to ~~for~~predict ~~both~~results ~~periods~~ or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a ~~result~~material adverse effect on our operations and future prospects on a consolidated basis include, but are not limited to: changes in economic conditions, legislative/regulatory changes, availability of ~~professional~~capital, ~~fees~~interest rates, competition, and generally accepted accounting principles. These risks and uncertainties should also be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements.

~~PLAN OF~~Company ~~OPERATION~~Overview

The Company ~~intends~~was toformed ~~serve~~by asThomas ~~a vehicle to affect an asset acquisition~~DeNunzio, ~~merger,~~our ~~exchange of capital stock or other business combination~~former ~~with~~officer aand ~~domestic or foreign business. Our cash balance is $0 as of August 31~~director, ~~2017. We believe our cash balance is not sufficient to fund our limited levels of operations~~ for ~~any~~the ~~period~~purpose of ~~time. We~~creating ~~may~~a ~~utilize~~corporation ~~funds~~which ~~from~~could ~~our~~be ~~President~~used ~~and CEO as well as our majority shareholder, who has informally agreed~~ to ~~contribute~~consummate ~~funds~~a tomerger ~~allow us to pay for filing fees, and professional fees for no further consideration. The President, CEO and sole Director, however, have no formal commitment, arrangement~~ or ~~legal obligation to advance or loan funds to the Company~~acquisition. ~~The Company has no debt payable to our CEO as of August 31, 2017.~~

~~In order~~On toOctober ~~achieve~~9, ~~our~~2017, ~~business~~Thomas ~~plan~~DeNunzio ~~goals~~sold 8,000,000 weshares of ~~will~~our ~~need~~restricted tocommon ~~obtain~~stock ~~additional~~which ~~funding.~~represents Weall ~~are~~of aour ~~growth~~issued ~~stage company~~ and ~~have~~outstanding ~~generated no~~shares ~~revenue~~ to ~~date~~Milost Global Inc. AtMandla ~~the~~J. ~~present~~Gwadiso as ~~time,~~control weshareholder ~~have~~of ~~not~~Milost ~~made~~Global ~~any~~Inc. ~~arrangements~~is deemed to ~~raise~~be ~~additional~~the ~~funds~~indirect beneficial shareholder.

IfThe sale was the result of a privately negotiated transaction wewithout ~~need~~the ~~additional~~use ~~cash~~of ~~and~~public ~~cannot~~dissemination ~~raise~~of ~~it,~~promotional weor ~~will~~sales ~~either~~materials. ~~have~~The tobuyer ~~suspend~~represented ~~operations~~that ~~until~~it wewas doan ~~raise~~accredited investor and as such could bear the ~~cash,~~risk orof ~~cease~~such ~~operations entirely~~investment for an indefinite period of time and to afford a complete loss thereof.

~~LIQUIDITY~~On October 9, 2017, Mr. Thomas DeNunzio resigned as our Chief Executive Officer, Chief Financial Officer, President, Director, Secretary, and Treasurer.

~~We have~~On noOctober ~~known~~9, ~~demands~~2017, orMr. ~~commitments~~Mandla ~~and~~J. ~~are~~Gwadiso ~~not~~was ~~aware~~appointed as ofour ~~any~~Chief ~~events~~Executive orOfficer ~~uncertainties~~and asChairman of ~~August~~the ~~31,~~board ~~2017~~of ~~or that are reasonably likely to materially increase or decrease our current liquidity~~directors.

~~CAPITAL~~On October 9, 2017, Mr. Bernard B. Yaw was appointed ~~RESOURCES~~President and a member of our board of directors.

~~We had~~On noOctober ~~material~~9, ~~commitments~~2017, ~~for~~Mr. ~~capital~~Madhava ~~expenditures~~Rao asMankal ofwas ~~August~~appointed Chief ~~31,~~Financial ~~2017~~Officer and ~~February~~a ~~28,~~member ~~2017~~of our board of directors.

-On October 9, 2017, Ms. Darlene Aulder was appointed 3as -our secretary and treasurer.

~~Table~~On October 9, 2017, the Company?s board of ~~Contents~~directors approved to change the name of the Company from Precise Acquisition, Inc. to Milost International Inc. On October 12, 2017, we filed a Certificate of Amendment with the Delaware Secretary of State to change our name from Precise Acquisition, Inc. to Milost International Inc.

~~OFF-BALANCE~~On October 20, 2017, Dr. Chin Yew Seah was appointed ~~SHEET~~as ~~ARRANGEMENTS~~a member of our board of directors.

~~The Company~~On ~~does~~October ~~not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on the Company’s financial condition~~20, ~~changes in financial condition~~2017, ~~revenues~~Mr. orSolly ~~expenses,~~Asibey was ~~results of operations, liquidity,~~appointed ~~capital~~as ~~expenditures~~a ormember ~~capital~~of ~~resources~~our ~~that~~board isof ~~material to investors~~directors.

~~CRITICAL~~On December 26, 2017, Mr. Mandla J. Gwadiso resigned ~~ACCOUNTING~~as ~~POLICIES~~our Chief Executive Officer and Chairman of the board of directors.

~~We prepare~~On ~~our~~December ~~unaudited interim financial statements in conformity with GAAP~~26, ~~which requires management to make certain estimates and apply judgments. We base our estimates and judgments on historical experience~~2017, ~~current trends and other factors that management believes to be important at the time the interim financial statements are prepared~~Mr. ~~Due~~Madhava toRao ~~the~~Mankal ~~need to make estimates about the~~resigned ~~effect~~as ~~of matters that are inherently uncertain, materially different amounts could be reported under different conditions or using different assumptions. On a regular basis, we review~~ our ~~critical~~Chief ~~accounting~~Financial ~~policies~~Officer and ~~how~~a ~~they~~member ~~are applied in the preparation~~ of our ~~interim~~board ~~financial~~of ~~statements~~directors.

~~While we~~On ~~believe~~December ~~that the historical experience~~26, ~~current trends and other factors considered support the preparation of our financial statements in conformity with GAAP~~2017, ~~actual~~Ms. ~~results~~Darlene ~~could~~Aulder ~~differ~~resigned ~~from~~ as our ~~estimates~~secretary and ~~such differences could be material~~treasurer.

On December 26, 2017, Dr. Chin Yew Seah resigned as a member of our board of directors.

On December 26, 2017, Mr. Solly Asibey resigned as a member of our board of directors.

On December 26, 2017, Mr. Bernard B. Yaw was appointed as Secretary, Treasurer, Chief Executive Officer and Chief Financial Officer.

Business Information

The Registrant intends to seek to acquire assets or shares of an entity actively engaged in business which generates revenues, in exchange for its securities. The Registrant has no acquisition in mind and has not entered into any negotiations regarding such an acquisition. Neither the Company's officers and directors, nor any promoter or affiliates thereof, have engaged in any preliminary contact or discussions with any representative of any other company regarding the possibility of an acquisition or merger between the Company and such other company as of the date of this quarterly report.

Milost International Inc.’s mailing address is 48 Wall Street, Level 11 New York, NY 10005. We neither rent nor own any properties. Until we pursue a viable business opportunity and recognize income, we will not seek office space.

Liquidity and Capital Resources

Our cash balance is $0 as of November 30, 2017. Our cash balance is not sufficient to fund our limited levels of operations for any period of time. We may utilize funds from Bernard Yaw, our Officer and Director, who has informally agreed to advance funds to allow us to pay for operating expenses. Bernard Yaw has no formal commitment, arrangement or legal obligation to advance or loan funds to the company. In order to implement our plan of operations for the next twelve-month period, we require further funding. After a twelve-month period we may need additional financing but currently do not have any arrangements for such financing.

During the period ended November 30, 2017, our former sole officer and director Thomas DeNunzio paid expenses on behalf of the Company totaling $7,500. These expenses are considered contributions to the Company and consisted primarily of professional fees. During the period ended February 28, 2017 our former sole officer and director Thomas DeNunzio paid expenses on behalf of the Company totaling $1,948. These expenses are considered contributions to the Company and consisted primarily of filing fees.

If we need additional cash and cannot raise it, we will either have to suspend operations until we do raise the cash we need, or cease operations entirely.

Net Loss

We have recorded a net loss of $9,500 for the nine months ended November 30, 2017.

Going Concern

The Company’s financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern that contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company demonstrates adverse conditions that raise substantial doubt about the Company's ability to continue as a going concern for one year following the issuance of these financial statements. These adverse conditions are negative financial trends, specifically operating loss, reoccurring losses, and other adverse key financial ratios. The Company has not established any source of revenue to cover its operating costs. Management plans to fund operating expenses with related party contributions to capital. There is no assurance that management's plan will be successful. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event that the Company cannot continue as a going concern.

ITEM 3

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide the information required by this Item.

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Table of Contents

ITEM 4

CONTROLS AND PROCEDURES

~~Evaluation of~~Management’s ~~Disclosure~~Report on Disclosure Controls and Procedures

~~Our Principal~~We ~~Executive~~maintain ~~Officer and Principal Financial Officer evaluated the effectiveness of our~~ disclosure controls and procedures as ~~of August 31, 2017. Based on~~ that ~~evaluation,~~are ~~our Principal Executive Officer and Principal Financial Officer concluded that our~~designed ~~disclosure~~to ~~controls~~ensure ~~and procedures as of the end of the period covered by this report were ineffective such~~ that ~~the~~ information required to be disclosed ~~by us~~ in our reports filed under the Securities Exchange Act of 1934, as amended, is ~~(i)~~ recorded, processed, summarized and reported within the time periods specified in the ~~SEC’~~Securities and Exchange Commission's rules and forms, and ~~(ii)~~that such information is accumulated and communicated to ~~the Principal~~our ~~Executive~~management, ~~Officer~~including our chief executive officer and our ~~Principal~~chief ~~Financial~~financial ~~Officer,~~officer (who is acting as ~~appropriate~~our principal executive officer, principal financial officer and principle accounting officer) to allow for timely decisions regarding required disclosure.

~~Material weaknesses~~As ~~noted~~of ~~were:~~November ~~lack~~30, 2017, the end of athe ~~functioning~~fiscal ~~audit~~period ~~committee;~~covered ~~lack~~by ofthis areport, ~~majority~~we carried out an evaluation, under the supervision of ~~outside~~our ~~directors~~chief onexecutive officer, ~~board~~with the participation of ~~directors~~our chief financial officer, ~~resulting in~~of ~~ineffective~~the ~~oversight~~effectiveness inof the ~~establishment~~design and ~~monitoring~~the operation of ~~required~~our disclosure ~~internal~~ controls and procedures;. ~~inadequate~~The ~~segregation of~~officers ~~duties~~concluded ~~consistent~~that ~~with~~the ~~control~~disclosure ~~objectives~~controls ~~affecting~~and ~~authorization,~~procedures ~~recordkeeping,~~were ~~custody~~not effective as of ~~assets,~~the ~~and~~end ~~reconciliations;~~of ~~and, management~~the isperiod ~~dominated~~covered by athis ~~single~~report ~~individual/small~~due ~~group~~to ~~without~~material ~~adequate~~weaknesses ~~compensating~~identified ~~controls~~below.

~~Management believes~~The ~~that~~matters ~~the~~involving ~~material~~internal ~~weaknesses~~controls ~~set~~and ~~forth~~procedures ~~above~~that ~~did~~our management ~~not~~considered ~~have~~to anbe ~~effect~~material onweaknesses ~~our~~under ~~financial~~the ~~results.~~standards ~~However,~~of ~~management~~the ~~believes that~~Public ~~the~~Company ~~lack~~Accounting Oversight Board were: domination of management by a ~~functioning~~limited ~~audit~~individuals ~~committee~~without ~~and~~adequate ~~the~~compensating controls, lack of a majority of outside directors on ~~our~~ board of directors, ~~results~~ resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures; inadequate segregation of duties consistent with control objectives, ~~which~~lack ~~could~~of ~~result~~well-established procedures to identify, approve and inreport arelated party transactions, and lack of an audit committee. These material ~~misstatement~~weaknesses inwere identified by our ~~financial~~Chief ~~statements~~Executive Officer who also serves as our Chief Financial Officer in ~~future~~connection ~~periods~~with the above evaluation.

~~Changes in~~Inherent ~~Internal~~limitations ~~Controls~~on ~~Over~~effectiveness of ~~Financial Reporting~~controls

~~There~~Internal control over financial reporting has inherent limitations ~~have~~which ~~been~~include nobut ~~significant~~is ~~changes~~not limited to the ~~Company’s~~use ~~internal~~of ~~controls~~independent professionals for advice and guidance, interpretation of existing and/or changing rules and principles, segregation of management duties, scale of organization, and personnel factors. Internal control over financial reporting ~~that~~is ~~occurred~~a ~~during~~process ~~our~~which ~~last~~involves human diligence and compliance and is subject to lapses in judgment and breakdowns ~~fiscal~~resulting ~~quarter~~from ~~ended~~human ~~August~~failures. ~~31,~~Internal ~~2017~~control ~~that~~over ~~materially~~financial ~~affected~~reporting also can be circumvented by collusion or improper management override. Because of its inherent limitations, internal control over financial reporting may not prevent or ~~were~~detect ~~reasonably~~misstatements on ~~likely~~a timely basis, however these inherent limitations are known features of the financial reporting process and it is possible to ~~materially~~design ~~affect~~into the process safeguards to reduce, ~~our~~though ~~internal~~not ~~controls~~eliminate, this risk. Therefore, even those systems determined to be ~~over~~effective can provide only reasonable assurance with respect to financial ~~reporting~~statement preparation and presentation. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

Changes in Internal Control over Financial Reporting

There have been no changes in our internal controls over financial reporting that have occurred for the nine months ending November 30, 2017, that have materially or are reasonably likely to materially affect, our internal controls over financial reporting.

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PART II-OTHER INFORMATION

ITEM 1

LEGAL PROCEEDINGS

There are no legal proceedings against the Company and the Company is unaware of such proceedings contemplated against it.

ITEM 1A

RISK FACTORS

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide the information required by this Item.

ITEM 2

UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

During the period beginning between our fiscal year end through the date of this filing, there have been no unregistered sales of securities.

ITEM 3 DEFAULTS UPON SENIOR SECURITIES

None.

~~- 4~~ITEM -3 DEFAULTS UPON SENIOR SECURITIES

~~Table of Contents~~None

ITEM 4

MINE SAFETY DISCLOSURES

Not applicable.

ITEM 5

OTHER INFORMATION

None.

ITEM 6

EXHIBITS

(a) Exhibits required by Item 601 of Regulation S-K.

Exhibit No.	~~Description~~	Description
3.1	~~Certificate of Incorporation (1)~~	Certificate of Incorporation and Certificate of Amendment (1) *
3.2	~~By-laws (1)~~	By-laws (1)
31.1	Certification of the Company’s Principal Executive and Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant’s report on Form 10-Q for the quarter ended August 31, 2017. (2)
31		Certification of the Company’s Principal Executive and Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant’s report on Form 10-Q for the period ended November 30, 2017 (2)
32.1	Certification of the Company’s Principal Executive and Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. (2)
32		Certification of the Company’s Principal Executive and Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (2)
101.INS	~~XBRL Instance Document (3)~~	XBRL Instance Document (3)
101.SCH	~~XBRL Taxonomy Extension Schema (3)~~	XBRL Taxonomy Extension Schema (3)
101.CAL	~~XBRL Taxonomy Extension Calculation Linkbase (3)~~	XBRL Taxonomy Extension Calculation Linkbase (3)
101.DEF	~~XBRL Taxonomy Extension Definition Linkbase (3)~~	XBRL Taxonomy Extension Definition Linkbase (3)
101.LAB	~~XBRL Taxonomy Extension Label Linkbase (3)~~	XBRL Taxonomy Extension Label Linkbase (3)
101.PRE	~~XBRL Taxonomy Extension Presentation Linkbase (3)~~	XBRL Taxonomy Extension Presentation Linkbase (3)

____________________

(1)	Filed as an exhibit to the Company's POS AM, as filed with the SEC on December 29, 2017, and incorporated herein by this reference.
(2)	Filed herewith.
(3)	In accordance with Regulation S-T, the XBRL-formatted interactive data files that comprise Exhibit 101 in this Quarterly Report on Form 10-Q shall be deemed “furnished” and not “filed”.

(1)	Filed as an exhibit to the Company's Registration Statement on Form S-1, as filed with the SEC on March 30, 2017, and incorporated herein by this reference.
(2)	Filed herewith.
(3)	Users of this data are advised that, pursuant to Rule 406T of Regulation S-T, these interactive data files are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933 or Section 18 of the Exchange Act of 1934 and otherwise are not subject to liability.

*The Certificate of Amendment is included herein by reference. It is attached as Exhibit 3.1 to Form 8-K filed on October 13, 2017.

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Table of Contents

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, there unto duly authorized.

~~PRECISE ACQUISITION,~~Milost ~~INC~~International Inc.

(Registrant)

By: /s/ ~~Thomas~~ ~~DeNunzio~~Bernard Yaw

~~Principal Executive~~Name: ~~Officer~~Bernard Yaw

~~Dated: October~~CEO, Principal 6Executive Officer, ~~2017~~Director

~~- 5~~Dated: -January 19, 2018

By: /s/ Bernard Yaw

Name: Bernard Yaw

CFO, Principal Financial

Dated: January 19, 2018

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Filing Compare · Milost International Inc.