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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-Q

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

For the quarterly period ended June 30, 2024

[ ] 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 333-256118

GO GO BUYERS, INC.

(Exact name of registrant as specified in its charter)

Nevada

36-4919249

7370

(State or Other Jurisdiction of Incorporation or Organization)

(I.R.S. Employer

Identification Number)

(Primary Standard Industrial Classification Code Number)

5348 Vegas Drive

Las Vegas, NV, 89108

+1530-5394950

paramount@gogobuyers.com

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

Securities registered under Section 12(b) of the Exchange Act: None

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 [X] No [ ]

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted 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 such files).

Yes [X] No [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a 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.

Large accelerated Filer	[ ]	Accelerated Filer	[ ]
Non-accelerated Filer	[X]	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 7(a)(2)(B) of the Securities Act. [ ]

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

Yes [ ] No [X]

State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: 4,161,425 common shares issued and outstanding as of August 13, 2024.

GO GO BUYERS, INC.

FORM 10-Q

Quarterly Period Ended June 30, 2024

TABLE OF CONTENTS

		Page
PART I	FINANCIAL INFORMATION:

Item 1.	Financial Statements (Unaudited)	5
	Balance Sheets as of June 30, 2024 (Unaudited) and December 31, 2023	6
	Statements of Operations for the three and six months ended June 30, 2024 and 2023 (Unaudited)	7
	Statements of Changes in Stockholders’ Equity (Deficit) for the three and six months ended June 30, 2024 and 2023 (Unaudited)	8
	Statements of Cash Flows for the six months ended June 30, 2024 and 2023 (Unaudited)	9
	Notes to the Unaudited Financial Statements	10

Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	17

Item 3.	Quantitative and Qualitative Disclosures About Market Risk	20

Item 4.	Controls and Procedures	21

PART II	OTHER INFORMATION:

Item 1.	Legal Proceedings	21

Item 1A	Risk Factors	21

Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	21

Item 3.	Defaults Upon Senior Securities	21

Item 4.	Mine Safety Disclosures	22

Item 5.	Other Information	22

Item 6.	Exhibits	22

Signatures		22

Special Note Regarding 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.

Financial information contained in this quarterly report and in our unaudited interim financial statements is stated in United States dollars and are prepared in accordance with United States generally accepted accounting principles.

PART I - FINANCIAL INFORMATION

Item 1.

Financial Statements (Unaudited)

The accompanying interim financial statements of GO GO BUYERS, INC. (“the Company,” “we,” “us” or “our”), have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with United States generally accepted principles have been condensed or omitted pursuant to such rules and regulations. The interim financial statements are condensed and should be read in conjunction with the Company’s latest annual financial statements.

In the opinion of management, the financial statements contain all material adjustments, consisting only of normal adjustments considered necessary to present fairly the financial condition, results of operations, and cash flows of the Company for the interim periods presented.

GO GO BUYERS, INC.

BALANCE SHEETS

		June 30, 2024 (Unaudited)		December 31, 2023 (Audited)

ASSETS
Current Assets
Cash	$	631	$	9,900
Prepaid Expenses		32,589		29,029
Total Current Assets		33,220		38,929

Intangibles Assets, Net		59,850		74,370

Total Assets	$	93,070	$	113,299

LIABILITIES AND STOCKHOLDERS’EQUITY/ DEFICIT
Liabilities
Accounts Payable	$	1,800	$	46,902
Deferred Revenue		9,682		1,165
Loan from Director		93,358		55,045
Total Liabilities		104,840		103,112

Commitments and Contingencies

Stockholders’ Equity/(Deficit)
Common stock: $0.001 par value, 75,000,000 shares authorized, 4,161,425 and 4,161,425 shares issued and outstanding as of June 30, 2024, and December 31, 2023, respectively		4,161		4,161
Additional Paid in Capital		28,156		28,156
Accumulated Deficit		(44,087)		(22,130)
Total Stockholders’ Equity/ (Deficit)		(11,770)		10,187

Total Liabilities and Stockholders’ Equity	$	93,070	$	113,299

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

GO GO BUYERS, INC.

STATEMENTS OF OPERATIONS

For the three and six months period ended June 30, 2024 and 2023

(Unaudited)

		Three months ended June 30, 2024		Three months ended June 30, 2023		Six months ended June 30, 2024		Six months ended June 30, 2023

REVENUE:
Sales	$	18,317	$	10,194	$	21,269	$	11,674

OPERATING EXPENSES
Amortization Expense		7,260		4,250		14,520		4,250
General and Administrative Expenses		7,483		538		15,162		967
Professional Fees		11,022		3,113		13,544		10,155
TOTAL OPERATING EXPENSES		25,765		7,901		43,226		15,372

NET INCOME /(LOSS) FROM OPERATIONS		(7,448)		2,293		(21,957)		(3,698)

PROVISION FOR INCOME TAX		-		-		-		-

NET INCOME /(LOSS)	$	(7,448)	$	2,293	$	(21,957)	$	(3,698)

Net Loss Per Common Share - Basic	$	(0.00)	$	0.00	$	(0.01)	$	(0.00)

Weighted Average Number of Common Shares Outstanding - Basic		4,161,425		4,161,425		4,161,425		4,146,401

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

GO GO BUYERS, INC.

STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY/ (DEFICIT)

For the three and six months ended June 30, 2024 and 2023

(Unaudited)


	Common Stock				Additional Paid-in		Accumulated		Total Stockholders’ Equity
	Shares		Amount		Capital		Deficit		(Deficit)
Balance, December 31, 2022	4,045,069	$	4,045	$	25,654	$	(20,658)	$	9,041

Common Stock Issued for Cash	116,356		116		2,502		-		2,618
Net Loss for the period ended March 31, 2023	-		-		-		(5,991)		(5,991)

Balance, March 31, 2023	4,161,425		4,161		28,156		(26,649)		5,668

Net Loss for the period ended June 30, 2023	-		-		-		2,293		2,293

Balance, June 30, 2023	4,161,425	$	4,161	$	28,156	$	(24,356)	$	7,961

Balance, December 31, 2023	4,161,425	$	4,161	$	28,156	$	(22,130)	$	10,187

Net Loss for the period ended March 31, 2024	-		-		-		(14,509)		(14,509)

Balance, March 31, 2024	4,161,425	$	4,161	$	28,156	$	(36,639)	$	(4,322)

Net Loss for the period ended June 30, 2024	-		-		-		(7,448)		(7,448)

Balance, June 30, 2024	4,161,425	$	4,161	$	28,156	$	(44,087)	$	(11,770)

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

GO GO BUYERS, INC.

STATEMENTS OF CASH FLOWS

For the six months ended June 30, 2024 and 2023

(Unaudited)

		Six months ended June 30, 2024		Six months ended June 30, 2023

CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss	$	(21,957)	$	(3,698)
Adjustments to Reconcile Net Loss to Net Cash from Operating Activities:
Accumulated Amortization		14,520		4,250
Accounts Payable		(45,102)		(3,018)
Deferred Revenue		8,517		-
Prepaid Expenses		(3,560)		524
NET CASH USED IN OPERATING ACTIVITIES		(47,582)		(1,942)

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of Software		-		(18,000)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES		-		(18,000)

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from the Issuance of Common Stock		-		2,618
Loan from Director		38,313		1,500
NET CASH PROVIDED BY FINANCING ACTIVITIES		38,313		4,118

NET CHANGE IN CASH		(9,269)		(15,824)

Cash, Beginning of Period		9,900		24,565

Cash, End of Period	$	631	$	8,741

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

GO GO BUYERS, INC.

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

June 30, 2024

NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS

Go Go Buyers, Inc. (the "Company") was established in Nevada on January 10, 2019. Go Go Buyers specializes in two API integration services: API Flights and API Hotels, offering real-time flight price tracking, and hotel price comparison through artificial intelligence. Our platform also hosts a forum enabling users to connect with travelers for item delivery, fostering global connections.

NOTE 2 – GOING CONCERN

The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States (“GAAP”), which contemplate continuation of the Company as a going concern. The Company had $21,269 revenues for the six months ended June 30, 2024. The Company currently has losses and has not completed its efforts to establish a stabilized source of revenue sufficient to cover operating costs over an extended period of time. Therefore, there is substantial doubt about the Company’s ability to continue as a going concern. Management anticipates that the Company will be dependent, for the next 5 years, 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. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Risks and Uncertainties

Management is currently evaluating the impact of the COVID-19 pandemic on the industry and has concluded that while it is reasonably possible that the virus could have a negative effect on the Company’s financial position, results of its operations, close of the Proposed Public Offering, and/or search for a target company, the specific impact is not readily determinable as of the date of these financial statements. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Basis of presentation

The accompanying financial statements are presented in conformity with accounting principles generally accepted in the United States of America (“US GAAP”) and pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”). The Company’s year-end is December 31.

GO GO BUYERS, INC.

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

June 30, 2024

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Emerging Growth Company Status

The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act of 1933, as amended, (the “Securities Act”), as modified by the Jumpstart our Business Startups Act of 2012, (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously approved.

Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

Intangible Assets

The Company follows the provisions of ASC 350, “Intangibles-Goodwill and Other”. Definite-lived intangible assets represent developed technology, non-compete agreements, customer related intangible assets, patents, trademark and trade names and are amortized over their estimated useful lives, generally on a straight-line basis. Indefinite lived intangible assets relate to domain names owned by the Company.

GO GO BUYERS, INC.

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

June 30, 2024

Use of Estimates

The preparation of financial statements in conformity with GAAP 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 amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents

The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. The Company did not have any cash equivalents as of June 30, 2024 and 2023.

Fair Value of Financial Instruments

The fair value of the Company’s assets and liabilities approximates the carrying amounts represented in the accompanying balance sheet, primarily due to their short-term nature.

Net Loss Per Common 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.

Weighted average shares were reduced for the effect of an aggregate of 4,161,425 shares of common stock that are subject to forfeiture if the over-allotment option is not exercised by the underwriters. As of June 30, 2024, the Company did not have any dilutive securities and other contracts that could, potentially, be exercised or converted into common stock and then share in the earnings of the Company. As a result, diluted loss per share is the same as basic loss per share for the period presented.

Income Taxes

The Company accounts for income taxes under ASC 740 Income Taxes (“ASC 740”). ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statement and tax basis of assets and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards. ASC 740 additionally requires a valuation allowance to be established when it is more likely than not that all or a portion of deferred tax assets will not be realized.

GO GO BUYERS, INC.

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

June 30, 2024

ASC 740 also clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return.

For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim period, disclosure and transition.

The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of June 30, 2024. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position.

The Company has identified the United States as its only “major” tax jurisdiction.

The Company may be subject to potential examination by federal and state taxing authorities in the areas of income taxes. These potential examinations may include questioning the timing and amount of deductions, the nexus of income among various tax jurisdictions and compliance with federal and state tax laws. The Company’s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months.

Concentration of Credit Risk

Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the federal depository insurance coverage of $250,000. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.

Recent Accounting Pronouncements

Management does not believe that any recently issued, but not effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial statements.

Revenue Recognition

The Company recognizes revenue in accordance with Accounting Standards Codification (“ASC”) 606, “Revenue from Contracts with Customers”. The core principle of ASC 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.

GO GO BUYERS, INC.

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

June 30, 2024

An entity recognizes revenue in accordance with that core principle by applying the following steps:

Step 1: Identify the contract(s) with a customer.

Step 2: Identify the performance obligations in the contract.

Step 3: Determine the transaction price.

Step 4: Allocate the transaction price to the performance obligations in the contract.

Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation.

NOTE 4 – INTANGIBLE ASSETS

The Company had the following intangible assets as of June 30, 2024:

	For the period from inception (January 10, 2019) to June 30, 2024
Balance as of January 10, 2019 (date of inception)	$	-

API acquisition		18,000
Website developments cost		27,000
Software developments cost		42,120
Amortization expense		(27,270)

Balance as of June 30, 2024	$	59,850

NOTE 5 – RELATED PARTY TRANSACTIONS

Founder Shares

On October 25, 2019, the Company issued a total of 3,000,000 shares of restricted common stock to our President, Treasurer, Secretary and Director in consideration of $3,000.

Loan Agreement – Related Party

The Company’s sole director and founder has loaned to the Company $93,358 and $55,045 as of June 30, 2024 and December 31, 2023, respectively.

On October 25, 2020, the Company entered into a Verbal Agreement with its President, pursuant to which he agreed to provide financing to the Company with total amount not exceeding $50,000. The loan is to be used for a portion of the expenses of this offering. This loan is non-interest bearing and does not have a due date.

GO GO BUYERS, INC.

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

June 30, 2024

NOTE 6 – COMMITMENTS AND CONTINGENCIES

The Company may be a subject to various litigation and other claims in the normal course of business. The Company establishes liabilities in connection with legal actions that management deems to be probable and estimable. No amounts have been accrued in the financial statements with respect to any matters.

NOTE 7 – INCOME TAXES

As of June 30, 2024, the Company had net operating loss carry forwards of approximately $44,087 that may be available to reduce future years’ taxable income in varying amounts through 2033. Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the deferred tax asset relating to these tax loss carry-forwards.

The valuation allowance at June 30, 2024 was approximately $9,258. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred income tax assets will not be realized.

The ultimate realization of deferred income 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 income tax liabilities, projected future taxable income, and tax planning strategies in making this assessment. Based on consideration of these items, management has determined that enough uncertainty exists relative to the realization of the deferred income tax asset balances to warrant the application of a full valuation allowance as of June 30, 2024. All tax years since inception remain open for examination by taxing authorities.

GO GO BUYERS, INC.

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

June 30, 2024

Components of deferred tax assets are as follows:

		Six Months Ended June 30, 2024			Year Ended December 31, 2023
Net Deferred Tax Asset Non-Current:
Net Operating Loss Carry-Forward	$	44,087		$	22,130
Effective tax rate		21	%		21	%
Expected Income Tax Benefit from NOL Carry-Forward		9,258			4,647
Less: Valuation Allowance		(9,258)			(4,647)
Deferred Tax Asset, Net of Valuation Allowance	$	-		$	-

NOTE 8 — STOCKHOLDERS’ EQUITY

Preferred Stock — The Company is not authorized for issuing preferred stock.

Common Stock — The Company is authorized to issue a total of 75,000,000 shares of common stock at par value of $0.001 each. As of June 30, 2024, the Company issued 4,161,425 common shares to its President and shareholders for $29,131.

Warrants — The Company does not have and does not plan on issuing warrants under this prospectus.

NOTE 9 — SUBSEQUENT EVENTS

The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the financial statements were issued. The Company did not identify any subsequent events that would have required adjustment or disclosure in the financial statements.

Item 2.

Management’s Discussion and Analysis of Financial Condition and Results of Operations

Overview

Go Go Buyers specializes in two API integration services: API Flights and API Hotels. API Flights provides users with real-time flight price tracking from various suppliers, along with comprehensive airport schedule data and flight tracking features. API Hotels utilizes artificial intelligence to generate and compare hotel prices from a wide range of suppliers. Both services are accessible through our website https://gogobuyers.com/.

In addition to our API services, we operate a forum where users can connect to place orders, make requests, and engage with travelers. Users can select a traveler from a list of countries to initiate a chat and arrange for item delivery. This platform aims to facilitate global connections and assist users in transporting items between locations.

Our ongoing development efforts focus on enhancing user communication and platform usability. We are introducing Flight Calculator, a user-friendly tool for calculating air distances and flight times between any airports worldwide. This innovative solution empowers travelers, businesses, and aviation professionals to plan journeys with precision and optimize routes for efficiency. With Flight Calculator, users can make informed decisions and streamline travel planning processes effortlessly.

The principal office of the Company is located at 5348 Vegas Drive, Las Vegas, NV 89108. Our telephone number is +15305394950.

API Packages

API Flights offers a comprehensive solution for tracking flight prices and accessing vital flight information. Powered by artificial intelligence, our software monitors prices from multiple suppliers, ensuring users find the best deals available. Our APIs provide access to airport schedules, flight tracking details (including departure and arrival times, dates, terminals, and current status), and more. With competitive pricing and over 1,000,000 request credits, API Flights is the go-to solution for finding flights at the right price.

API Hotels delivers top-notch hotel pricing services powered by artificial intelligence. Our software generates competitive hotel prices, enabling hoteliers to offer timely discounts through customizable search algorithms for competitors. With access to a vast database of hotels, users can search for any hotel based on location, date, and number of guests. Flexible pricing options and 50,000 calls per month make API Hotels the best choice for accessing the best hotel offers. Both of the services can be accessed via our website: https://gogobuyers.com/#tariffs.

Marketing

Digital marketing as the primary tactic to engage the audience. During the initial phases of development, our focus lies in investing in promotion through diverse social media channels and search engine optimization. This approach aims to amplify our presence in user search queries centered around pertinent keywords. By adhering to this approach, we expect to capture the interest of prospective clientele, whom we designate as "platform users" or simply "users". Moreover, we intend to employ conventional methods such as direct calls and mailings featuring business propositions, alongside mentions of our platform and social media profiles. To allure potential platform users, we intend to secure advertising placements on reputable websites associated with delivery services. As we delve deeper into investments, we aim to produce promotional videos pertaining to delivery and shipping for marketing purposes. With the expansion of our business, we may contemplate launching a television advertising campaign.

Clients

We expect that both small businesses and individuals will sign up on our platform, using it to connect with potential clients and boost their visibility. Developing businesses may find our platform attractive for accessing their target audience. Individuals can conveniently search for cost-effective delivery options due to our online service. Additionally, we foresee increased competition in the industry as rival companies monitor each other, leading to better offers for our clients.

Government Regulation

The Company will be required to comply with all regulations, rules, and directives of governmental authorities including the US Securities and Exchange Commission and agencies applicable to our business in any jurisdiction with which we would conduct activities. The Company does not believe that governmental regulations will have a material impact on the way we conduct our business.

Employees

Go Go Buyers, Inc. has no employees other than our sole President and Director Mr. Saladzius.

RESULTS OF OPERATIONS

For the Three Months Ended June 30, 2024 and 2023:

Revenues

We have generated $18,317 and $10,194 in revenues for the three months ended June 30, 2024 and 2023, respectively.

Operating expenses

Total operating expenses for the three-month period ended June 30, 2024 were $25,765 compared to $7,901 for the three-month period ended June 30, 2023. The operating expenses for the three months ended June 30, 2024 and 2023 included Amortization Expense of $7,260 and $4,250; General and Administrative expenses of $7,483 and $538; and Professional Fees of $11,022 and $3,113, respectively.

Increase in total operating expenses was primarily due to the increase in amortization expense and general and administrative expenses. Increase in general and administrative expenses was primarily due to server rental.

Net Losses

Our net income (loss) for the three-month period ended June 30, 2024 and 2023, was $(7,448) and $2,293 respectively.

For the Six Months Ended June 30, 2024 and 2023:

Revenues

We have generated $21,269 and $11,674 in revenues for the six months ended June 30, 2024 and 2023, respectively.

Operating expenses

Total operating expenses for the six-month period ended June 30, 2024 were $43,226 compared to $15,372 for the six-month period ended June 30, 2023. The operating expenses for the six months ended June 30, 2024 and 2023 included Amortization Expense of $14,520 and $4,250; General and Administrative expenses of $15,162 and $967; and Professional Fees of $13,544 and $10,155, respectively.

Net Losses

Our net loss for the six-month period ended June 30, 2024 and 2023, was $21,957 and $3,698 respectively.

Liquidity and Capital Resources

Net cash flows used in operating activities for the six months ended June 30, 2024, consisted of a net loss of $21,957, accumulated amortization of $14,520, accounts payable of $(45,102), deferred revenue of $8,517 and prepaid expenses of $(3,560). Net cash flows used in operating activities for the six months ended June 30, 2023, consisted of a net loss of $3,698, accumulated amortization of $4,250, accounts payable of $(3,018) and prepaid expenses of $524.

During the six months ended June 30, 2024 and 2023, the Company generated $0 and $18,000 of cash in investing activities, respectively.

During the six months ended June 30, 2024 and 2023, the Company generated $38,313 and $4,118 of cash in financing activities.

Off-Balance Sheet Arrangements

As of June 30, 2024, we did not have any off-balance sheet arrangements that have or are reasonably likely to have a material current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations liquidity, capital expenditures or capital resources.

Limited Operating History and Need for Additional Capital

There is no historical financial information about us upon which to base an evaluation of our performance. We are in start-up stage operations and have generated limited revenues. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources and possible cost overruns due to price and cost increases in services and products.

We have no assurance that future financing will be available to us on acceptable terms. If financing is not available on satisfactory terms, we may be unable to continue, develop or expand our operations. Equity financing could result in additional dilution to existing shareholders.

Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Not Applicable.

Item 4.

Controls and Procedures

Evaluation of Disclosure Controls and Procedures

We carried out an evaluation as of June 30, 2024, under the supervision and with the participation of our management, including our principal executive officer and principal financial officer, who are one and the same, of the effectiveness of our disclosure controls and procedures (as defined in Exchange Act Rules 13a–15(f) and 15d–15(e)). Based upon that evaluation, our principal executive officer and principal financial officer concluded that, as of the end of the period covered in this report, our disclosure controls and procedures were not effective to ensure that information required to be disclosed in reports filed under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the required time periods and is accumulated and communicated to our management, including our principal executive officer and principal financial officer, as appropriate to allow timely decisions regarding required disclosure.

Changes in Internal Control over Financial Reporting

There were no changes in our internal control over financial reporting during our most recent quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II. OTHER INFORMATION

Item 1.

Legal Proceedings

During the period ending June 30, 2024, there were no pending or threatened legal actions against us.

Item 1A.

Risk Factors

As a smaller reporting company, we are not required to provide the information required by this Item.

Item 2.

Unregistered Sales of Equity Securities and Use of Proceeds

Not Applicable.

Item 3.

Defaults Upon Senior Securities

Not Applicable.

Item 4.

Mine Safety Disclosures

Not Applicable.

Item 5.

Other Information

There is no other information required to be disclosed under this item that has not previously been reported.

Item 6.

Exhibits

Exhibit No.		Description
31.1		Certification of Chief Executive Officer and Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).

32.1		Certifications pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.

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.

GO GO BUYERS, INC.

Date: August 13, 2024	By:	/s/ Arturas Saladzius
		Arturas Saladzius President, treasurer, secretary and director (Principal Executive, Financial and Accounting Officer)

Go Go Buyers, Inc. 10-Q