BestGofer Inc. Files Amended 10-Q
Ticker: BGFR · Form: 10-Q/A · Filed: Dec 10, 2024 · CIK: 1722556
Sentiment: neutral
Topics: amendment, 10-Q, financials
TL;DR
BestGofer amended its 10-Q for Aug 31, 2024. Check financials.
AI Summary
BestGofer Inc. filed an amended 10-Q for the period ending August 31, 2024. The filing, dated December 10, 2024, provides updated financial information for the company. Specific financial figures and operational details are detailed within the document.
Why It Matters
This amended filing provides updated financial disclosures for BestGofer Inc., which is crucial for investors and stakeholders to assess the company's current financial health and performance.
Risk Assessment
Risk Level: low — This filing is an amendment to a standard quarterly report and does not appear to contain significant new negative information.
Key Numbers
- 20240831 — Reporting Period End Date (The end date for the financial reporting period covered by the 10-Q/A.)
- 20241210 — Filing Date (The date the amended 10-Q was officially filed with the SEC.)
Key Players & Entities
- BestGofer Inc. (company) — Filer of the 10-Q/A
- 0001722556 (company) — Central Index Key for BestGofer Inc.
- 20240831 (date) — Conformed period of report
- 20241210 (date) — Filed as of date
FAQ
What is the primary reason for filing this 10-Q/A amendment?
The filing is an amendment to the Form 10-Q for the period ended August 31, 2024, indicating updates or corrections to previously filed information.
What is the fiscal year end for BestGofer Inc.?
BestGofer Inc.'s fiscal year end is November 30 (1130).
What is the SIC code for BestGofer Inc.?
The Standard Industrial Classification (SIC) code for BestGofer Inc. is 7200, which falls under SERVICES-PERSONAL SERVICES.
When was BestGofer Inc. formerly known as Best Gofer, Inc. and when did the name change?
The company was formerly known as Best Gofer, Inc., and the date of the name change was November 14, 2017 (20171114).
What is the filing date of this amended 10-Q?
This amended 10-Q was filed as of December 10, 2024 (20241210).
Filing Stats: 4,579 words · 18 min read · ~15 pages · Grade level 15.6 · Accepted 2024-12-10 14:07:06
Key Financial Figures
- $12,500 — As of August 31, 2024, the Company has $12,500 in total assets. These assets are in th
- $111,807 — As of August 31, 2024, the company has $111,807 in liabilities. These liabilities are i
- $16,925 — are in the form of due to related party $16,925, and accounts payable $94,882. As of N
- $94,882 — ted party $16,925, and accounts payable $94,882. As of November 30, 2023, the Company
- $83,485 — s of November 30, 2023, the company has $83,485 in liabilities. These liabilities are i
- $15,550 — are in the form of due to related party $15,550, accrued expenses $24,400 and accounts
- $24,400 — related party $15,550, accrued expenses $24,400 and accounts payable $43,535. accumulat
- $43,535 — d expenses $24,400 and accounts payable $43,535. accumulated deficit as of August 31, 2
- $1,375 — gust 31, 2024, and August 31, 2023, was $1,375 and $2,750. We have no material commit
- $2,750 — 24, and August 31, 2023, was $1,375 and $2,750. We have no material commitments for t
- $28,322 — ust 31, 2024, and August 31, 2023, were $28,322 and $18,137. Operating expenses consist
- $18,137 — , and August 31, 2023, were $28,322 and $18,137. Operating expenses consisted of genera
- $10,938 — of general and administration expenses $10,938 and professional fees $17,384 for the n
- $17,384 — expenses $10,938 and professional fees $17,384 for the nine months ended August 31, 20
- $10,522 — of general and administrative expenses $10,522 and professional fees $7,615 for the ni
Filing Documents
- bgof-20240831.htm (10-Q/A) — 260KB
- bgof_ex311.htm (EX-31.1) — 7KB
- bgof_ex312.htm (EX-31.2) — 7KB
- bgof_ex321.htm (EX-32.1) — 4KB
- bgof_ex322.htm (EX-32.2) — 4KB
- 0001393905-24-000415.txt ( ) — 1308KB
- bgof-20240831_cal.xml (EX-101.CAL) — 13KB
- bgof-20240831_def.xml (EX-101.DEF) — 19KB
- bgof-20240831_lab.xml (EX-101.LAB) — 73KB
- bgof-20240831_pre.xml (EX-101.PRE) — 65KB
- bgof-20240831.xsd (EX-101.SCH) — 15KB
- bgof-20240831_htm.xml (XML) — 106KB
- FINANCIAL INFORMATION
PART I - FINANCIAL INFORMATION 4
Financial Statements
Item 1. Financial Statements 4
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 13
Quantitative and Qualitative Disclosures about Market Risk
Item 3. Quantitative and Qualitative Disclosures about Market Risk 14
Controls and Procedures
Item 4. Controls and Procedures 15
- OTHER INFORMATION
PART II - OTHER INFORMATION 16
Legal Proceedings
Item 1. Legal Proceedings 16
Risk Factors
Item 1A. Risk Factors 16
Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 16
Defaults Upon Senior Securities
Item 3. Defaults Upon Senior Securities 16
Mine Safety Disclosures
Item 4. Mine Safety Disclosures 16
Other Information
Item 5. Other Information 16
Exhibits
Item 6. Exhibits 16
Signatures
Signatures 17 3 BESTGOFER INC.
- FINANCIAL INFORMATION
PART I - FINANCIAL INFORMATION
Financial Statements
Item 1. Financial Statements INDEX TO UNAUDITED FINANCIAL STATEMENTS PAGE Condensed Balance Sheets at August 31, 2024 and November 30, 2023 (Unaudited) 5 Condensed Statements of Operations for the three and nine months ended August 31, 2024 and August 31, 2023 (Unaudited) 6 Condensed Statements of Stockholders' Deficit for the three and nine months ended August 31, 2024 and August 31, 2023 (Unaudited) 7 Condensed Statements of Cash Flows for the nine months ended August 31,2024 and August 31, 2023 (Unaudited) 8 Notes to Condensed Financial Statements (Unaudited) 9 4 BESTGOFER INC. CONDENSED BALANCE SHEETS (Unaudited) August 31, 2024 November 30, 2023 ASSETS Current assets Prepaid expenses $ - $ 12,500 Total current assets - 12,500 Other advances 12,500 Total assets $ 12,500 $ 12,500 LIABILITIES AND STOCKHOLDERS' DEFICIT Current liabilities Accounts payable 94,882 43,535 Accrued expenses - 24,400 Due to related party 16,925 15,550 Total current liabilities 111,807 83,485 Stockholders' deficit Preferred stock $ 0.001 par value, 10,000,000 shares authorized, 0 issued and outstanding as of August 31, 2024 and November 30, 2023 respectively - - Common stock: $ 0.001 par value, 190,000,000 shares authorized, 5,880,000 shares issued and outstanding as of August 31, 2024 and November 30, 2023 respectively 5,880 5,880 Additional paid-in capital 75,226 75,226 Accumulated deficit ( 180,413 ) ( 152,091 ) Total stockholders' deficit ( 99,307 ) ( 70,985 ) Total liabilities and stockholders' deficit $ 12,500 $ 12,500 The accompanying notes are an integral part of these unaudited condensed financial statements. 5 BESTGOFER INC. CONDENSED STATEMENTS OF OPERATIONS (Unaudited) For the three months ended August 31, For the nine months ended August 31, 2024 2023 2024 2023 Revenue $ - $ - $ - $ - Expenses General and administration 3,523
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. The following discussion of our financial condition and results of operations should be read in conjunction with (i) our unaudited financial statement as of August 31, 2024, that appears elsewhere in this registration statement. This registration statement contains certain forward-looking statements, and our future operating results could differ materially from those discussed herein. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. We disclaim any obligation to update any such factors or to announce publicly the results of any revisions of the forward -looking statements contained herein to reflect future events or developments. Going Concern The future of our company is dependent upon its ability to obtain financing and upon future profitable operations from the sale of products and services through our websites. Management has plans to seek additional capital through a private placement and public offering of its common stock, if necessary. Our auditors have expressed a going concern opinion which raises substantial doubts about the Issuers ability to continue as a going concern. Plan of Operation Liquidity and Capital Resources As of August 31, 2024, the Company has $12,500 in total assets. These assets are in the form of advance to vendors of $12,500, As of August 31, 2024, the company has $111,807 in liabilities. These liabilities are in the form of due to related party $16,925, and accounts payable $94,882. As of November 30, 2023, the Company has $12,500 in total assets. These assets are in the for
Quantitative and Qualitative Disclosures about Market Risk
Item 3. Quantitative and Qualitative Disclosures about Market Risk. Not Applicable to Smaller Reporting Companies.
Controls and Procedures
Item 4. Controls and Procedures. EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES As required by Rule 13a-15/15d-15 under the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), as of August 31, 2024, we have carried out an evaluation of the effectiveness of the design and operation of our Company's disclosure controls and procedures. This evaluation was carried out under the supervision and with the participation of our Company's management, our President (Principal Executive Officer) and Treasurer (Principal Accounting Officer). Based upon the results of that evaluation, our management has concluded that, as of August 31, 2024, our Company's disclosure controls and procedures were not effective and do not provide reasonable assurance that material information related to our Company required to be disclosed in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC's rules and forms, and that such information is accumulated and communicated to management to allow timely decisions on required disclosure. MANAGEMENT'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING Management is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act. Our internal control system is designed to provide reasonable assurance to our management and board of directors regarding the reliability of financial reporting and the preparation of financial statements for external reporting purposes in accordance with generally accepted accounting principles. Our internal control over financial reporting includes those policies and procedures that: Pertain to