ANVI GLOBAL HOLDINGS, INC. Files 10-Q for Nov 30, 2024

TL;DR

ANVI GLOBAL HOLDINGS, INC. 10-Q filed. Financial update for Nov 30, 2024 period.

AI Summary

ANVI GLOBAL HOLDINGS, INC. filed its 10-Q for the period ending November 30, 2024. The company, formerly known as VETRO, INC., is incorporated in Nevada and operates in the retail food store sector. Their fiscal year ends on February 28th. The filing was made on January 14, 2025.

Why It Matters

This filing provides investors with an update on ANVI GLOBAL HOLDINGS, INC.'s financial performance and position for the third quarter of their fiscal year. It allows stakeholders to assess the company's operational health and make informed investment decisions.

Risk Assessment

Risk Level: low — This is a standard quarterly filing (10-Q) and does not contain immediate red flags or significant new risks.

Key Numbers

• 11302024 — Reporting Period End Date (Indicates the end of the financial reporting period covered by this 10-Q.)
• 01142025 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
• 0228 — Fiscal Year End (Specifies the end date of the company's annual accounting period.)

Key Players & Entities

• ANVI GLOBAL HOLDINGS, INC. (company) — Filer of the 10-Q
• VETRO, INC. (company) — Former name of ANVI GLOBAL HOLDINGS, INC.
• 20241130 (date) — End of the reporting period
• 20250114 (date) — Filing date of the 10-Q
• 0228 (date) — Fiscal year end

FAQ

Key Financial Figures

• $46,361 — eneral and administrative expenses were $46,361 for the three months ended November 30,
• $45,832 — hs ended November 30, 2024, compared to $45,832 for the three months ended November 30,
• $529 — ended November 30, 2023, an increase of $529 or 1.5%. In the current period, we incu
• $36,000 — .5%. In the current period, we incurred $36,000 of expense from our service agreement w
• $3,092 — oup Inc. (Note 5), professional fees of $3,092, OTC Market fees of $3,900 and other ge
• $3,900 — onal fees of $3,092, OTC Market fees of $3,900 and other general expenses of $3,369. I
• $3,369 — of $3,900 and other general expenses of $3,369. In the prior period, we incurred $36,0
• $2,662 — oup Inc. (Note 5), professional fees of $2,662, OTC Market fees of $3,750 and other ge
• $3,750 — onal fees of $2,662, OTC Market fees of $3,750 and other general expenses of $3,420.
• $3,420 — of $3,750 and other general expenses of $3,420. Net Loss Our net loss for the three
• $152,470 — eneral and administrative expenses were $152,470 for the nine months ended November 30,
• $151,875 — hs ended November 30, 2024, compared to $151,875 the nine months ended November 30, 2023
• $595 — November 30, 2023, an increase of only $595 or 0.39%. In the current period, we inc
• $108,000 — 39%. In the current period, we incurred $108,000 of expense from our service agreement w
• $26,292 — oup Inc. (Note 5), professional fees of $26,292, OTC Market fees of $11,700 and other g

Filing Documents

• anvi_10q-113024.htm (10-Q) — 289KB
• ex31x1.htm (EX-31.1) — 7KB
• ex32x2.htm (EX-32.1) — 4KB
• 0001079973-25-000064.txt ( ) — 1511KB
• anvi-20241130.xsd (EX-101.SCH) — 12KB
• anvi-20241130_cal.xml (EX-101.CAL) — 21KB
• anvi-20241130_def.xml (EX-101.DEF) — 21KB
• anvi-20241130_lab.xml (EX-101.LAB) — 149KB
• anvi-20241130_pre.xml (EX-101.PRE) — 112KB
• anvi_10q-113024_htm.xml (XML) — 90KB

FINANCIAL INFORMATION

PART I. FINANCIAL INFORMATION

FINANCIAL STATEMENTS

ITEM 1. FINANCIAL STATEMENTS 1 Condensed Balance Sheets as of November 30, 2024 (unaudited) and February 29, 2024 1 Condensed Statements of Operations for the Three and Nine Months Ended November 30, 2024 and 2023 (unaudited) 2 Condensed Statements of Stockholders' Deficit for the Three and Nine Months Ended November 30, 2024 and 2023 (unaudited) 3 Condensed Statements of Cash Flows for the Nine Months Ended November 30, 2024 and 2023 (unaudited) 4 Notes to the Condensed Financial Statements (unaudited) 5

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 8

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 9

CONTROLS AND PROCEDURES

ITEM 4. CONTROLS AND PROCEDURES 9

OTHER INFORMATION

PART II. OTHER INFORMATION

LEGAL PROCEEDINGS

ITEM 1. LEGAL PROCEEDINGS 10

RISK FACTORS

ITEM 1A. RISK FACTORS 10

UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 10

DEFAULTS UPON SENIOR SECURITIES

ITEM 3. DEFAULTS UPON SENIOR SECURITIES 10

MINE SAFETY DISCLOSURES

ITEM 4. MINE SAFETY DISCLOSURES 10

OTHER INFORMATION

ITEM 5. OTHER INFORMATION 10

EXHIBITS

ITEM 6. EXHIBITS 10

FINANCIAL INFORMATION

PART I. FINANCIAL INFORMATION

FINANCIAL STATEMENTS

ITEM 1. FINANCIAL STATEMENTS ANVI GLOBAL HOLDINGS, INC. CONDENSED BALANCE SHEETS November 30, 2024 February 29, 2024 ASSETS (Unaudited) (Audited) Current Assets: Cash $ 10,481 $ 1,334 Prepaids 17,320 13,000 Total Current Assets 27,801 14,334 Total Assets $ 27,801 $ 14,334 LIABILITIES AND STOCKHOLDERS' DEFICIT Current Liabilities: Accounts payable $ 24,898 $ 21,761 Accounts payable - related party 612,000 504,000 Accrued liabilities - related party 900,000 900,000 Due to an officer 603,605 548,805 Total current 2,140,503 1,974,566 Total Liabilities 2,140,503 1,974,566 Commitments and contingencies — — Stockholders' Deficit: Preferred stock, $ 0.001 par value; 50,000,000 shares authorized no shares issued and outstanding — — Common stock, $ 0.001 par value; 500,000,000 shares authorized, 119,950,000 shares issued and outstanding 119,950 119,950 Additional paid-in capital ( 61,450 ) ( 61,450 ) Accumulated deficit ( 2,171,202 ) ( 2,018,732 ) Total Stockholders' Deficit ( 2,112,702 ) ( 1,960,232 ) Total Liabilities and Stockholders' Deficit $ 27,801 $ 14,334 The accompanying notes are an integral part of these unaudited condensed financial statements. 1 ANVI GLOBAL HOLDINGS, INC. CONDENSED STATEMENTS OF OPERATIONS (Unaudited) For the Three Months Ended For the Nine Months Ended November 30, November 30, 2024 2023 2024 2023 Operating Expenses: General and administrative expenses $ 46,361 $ 45,832 $ 152,470 $ 151,875 Total operating expenses 46,361 45,832 152,470 151,875 Loss from operations ( 46,361 ) ( 45,832 ) ( 152,470 ) ( 151,875 ) Other income: Gain from settlement of accounts payable — — — 14,051 Total other income — — — 14,051 Loss before income taxes ( 46,361 ) ( 45,832 ) ( 152,470 ) ( 137,824 ) Provision for income taxes — — — — Net loss $ ( 46,361 ) $ ( 45,832 ) $ ( 152,470 ) $ ( 137,824 ) Basic lo

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Anvi Global Holdings, Inc. was incorporated in the business of selling crepes; however, we abandoned that business when control of the Company was sold by Tatiana Fumioka, on May 6, 2014. As a result, we are now controlled by Rama Mohan R. Busa, the principal shareholder and sole officer and director. Anvi Global Holdings, Inc now intends to become a diversified, global holdings company with interest in a suite of businesses in various key segments, including mining, infrastructure, heavy earthworks, health services and aerospace engineering, positioned globally. The Company's objective is to maximize shareholder value through investing in and/or acquiring a portfolio of companies in emerging global markets like India, South America and Africa, adding value to the operating enterprises. The Company plans to invest in or acquire businesses which offer strategic market position, strong cash flows and robust future potential growth, which are complementary to each other. The Company intends to broaden and intensify positions in carefully selected investment areas and is poised to have strong presence across these countries. As of the date of this Report, the Company has not invested in or acquired any assets or company. Results of Operations The three months ended November 30, 2024 compared to the three months ended November 30, 2023 Operating Expenses General and administrative expenses were $46,361 for the three months ended November 30, 2024, compared to $45,832 for the three months ended November 30, 2023, an increase of $529 or 1.5%. In the current period, we incurred $36,000 of expense from our service agreement with Strategic-IT Group Inc. (Note 5), professional fees of $3,092, OTC Market fees of $3,900 and other general expe

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK None.

CONTROLS AND PROCEDURES

ITEM 4. CONTROLS AND PROCEDURES Evaluation of Disclosure Controls and Procedures As required by Rule 13a-15 under the Securities Exchange Act of 1934, we have carried out an evaluation of the effectiveness of our disclosure controls and procedures as of the end of the period covered by this quarterly report, November 30, 2024. This evaluation was carried out under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer. Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported, within the time periods specified in the Securities and Exchange Commission's rules and forms. Disclosure controls and procedures include controls and procedures designed to ensure that information required to be disclosed in our company's reports filed under the Securities Exchange Act of 1934 is accumulated and communicated to management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure. Based upon that evaluation, including our Chief Executive Officer and Chief Financial Officer, we have concluded that our disclosure controls and procedures were ineffective as of the end of the period covered by this report due to a material weakness in our internal control over financial reporting, which is described below. Management's Report on Internal Control over Financial Reporting Our management is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Rule 13a-15(f) under the Securities Exchange Act of 1934). Management has assessed the effectiveness of our internal control over financial reporting as of November 30, 2024, based on criteria using the Internal Control - Integrated Framework

OTHER INFORMATION

PART II. OTHER INFORMATION

LEGAL PROCEEDINGS

ITEM 1. LEGAL PROCEEDINGS There are not presently any material pending legal proceedings to which the Registrant is a party or as to which any of its property is subject, and no such proceedings are known to the Registrant to be threatened or contemplated against it.

RISK FACTORS

ITEM 1A. RISK FACTORS A smaller reporting company is not required to provide the information required by this Item.

UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS None.

DEFAULTS UPON SENIOR SECURITIES

ITEM 3. DEFAULTS UPON SENIOR SECURITIES None.

MINE SAFETY DISCLOSURES

ITEM 4. MINE SAFETY DISCLOSURES Not applicable.

OTHER INFORMATION

ITEM 5. OTHER INFORMATION During the quarter ended November 30, 2024, no director or officer of the Company adopted or terminated a contract, instruction or written plan for the purchase or sale of securities of the Company intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) and/or a non-Rule 10b5-1 trading arrangement.

EXHIBITS

ITEM 6. EXHIBITS Exhibit Exhibit Description Filed herewith Form Period ending Exhibit Filing date 31.1 Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 X 32.1 Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 X 101.INS Inline XBRL Instance Document X 101.SCH Inline XBRL Taxonomy Extension Schema Document X 101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document X 101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document X 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document X 101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Definition X 10

SIGNATURES

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. ANVI GLOBAL HOLDINGS, INC. Dated: January 14, 2025 By: /s/ Rama Mohan R. Busa Rama Mohan R. Busa President, Chief Executive Officer, Chief Financial Officer and Chairman of the Board of Directors 11

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