Orion Bliss Corp. Files Q1 2025 10-Q

TL;DR

Orion Bliss Corp. 10-Q filed for Q1 FY25 ending 7/31/24.

AI Summary

Orion Bliss Corp. filed its 10-Q for the period ending July 31, 2024. The company, incorporated in Nevada and based in Las Vegas, operates in the soap, detergent, cleaning preparations, perfumes, and cosmetics industry. The filing covers the first quarter of their fiscal year 2025, which began on May 1, 2024.

Why It Matters

This filing provides investors with an update on Orion Bliss Corp.'s financial performance and operational status for the first quarter of fiscal year 2025.

Risk Assessment

Risk Level: low — This is a routine quarterly filing with no immediate red flags or significant financial events disclosed.

Key Players & Entities

• Orion Bliss Corp. (company) — Filer of the 10-Q
• 20240731 (date) — End of reporting period
• 20240829 (date) — Filing date
• LAS VEGAS (location) — Business and mailing address city
• NV (location) — State of incorporation and address

FAQ

Key Financial Figures

• $0.0001 — ing as of July 31, 2024 Common Stock: $0.0001 3,038,000 TABLE OF CONTENTS PART 1.
• $0.02 — ( 28,415 ) Shares issued for cash at $0.02 per share during July, October and Janu
• $13,505 — he three months ended July 31, 2024 was $13,505. Operating expenses consist of mainly p
• $33,623 — he three months ended July 31, 2023 was $33,623. Operating expenses consist of mainly p
• $874 — of July 31, 2024, our total assets were $874 consisting of website development, net
• $134 — nsisting of website development, net of $134 and cash 740 from issuance of common st
• $103,572 — 31, 2024, our current liabilities were $103,572 consisting of accounts payable-related
• $40,000 — ounts payable-related party advances of $40,000, and director loan of $63,572. Cash Fl
• $63,572 — vances of $40,000, and director loan of $63,572. Cash Flows from Operating Activities
• $13,055 — from financing activities in the amount $13,055 during the three months ended July 31,
• $26,173 — cash flows from financing activities of $26,173. Plan of Operation and Funding We ex

Filing Documents

• orionbliss_i10q-073124.htm (10-Q) — 276KB
• orion_ex3101.htm (EX-31.1) — 9KB
• orion_ex3201.htm (EX-32.1) — 4KB
• 0001683168-24-006089.txt ( ) — 1650KB
• orib-20240731.xsd (EX-101.SCH) — 13KB
• orib-20240731_cal.xml (EX-101.CAL) — 18KB
• orib-20240731_def.xml (EX-101.DEF) — 25KB
• orib-20240731_lab.xml (EX-101.LAB) — 151KB
• orib-20240731_pre.xml (EX-101.PRE) — 119KB
• orionbliss_i10q-073124_htm.xml (XML) — 118KB

Financial Statements (Unaudited)

Financial Statements (Unaudited) 3 Balance Sheets as of July 31, 2024 (unaudited) and April 30, 2024 (audited) 3 4 5 6 Notes to the Financial Statements (Unaudited) 7 Item 2.

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

Management's Discussion and Analysis of Financial Condition and Results of Operations 12 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 14 Item 4.

Controls and Procedures

Controls and Procedures 14 PART II. OTHER INFORMATION Item 1.

Legal Proceedings

Legal Proceedings 15 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 15 Item 3. Defaults Upon Senior Securities 15 Item 4. Mine safety disclosures 15 Item 5. Other Information 15 Item 6. Exhibits 15

FINANCIAL INFORMATION

PART I. FINANCIAL INFORMATION

FINANCIAL INFORMATION

ITEM 1. FINANCIAL INFORMATION ORION BLISS CORP. BALANCE SHEETS July 31, 2024 April 30, 2024 (Unaudited) (Audited) ASSETS Current Assets Escrow Account $ 740 $ 1,190 Total Current Assets 740 1,190 Website Development, net 134 134 Total Assets 874 1,324 LIABILITIES AND STOCKHOLDERS' DEFICIT Current Liabilities Accounts payable - Related party $ 40,000 $ 37,000 Director loan 63,572 53,517 Total Current Liabilities 103,572 90,517 Stockholders' Deficit Common stock, par value $ 0.0001 ; 75,000,000 shares authorized, 3,038,000 shares issued and outstanding respectively; 304 304 Additional paid-in capital 20,656 20,656 Accumulated deficit ( 123,658 ) ( 110,153 ) Total Stockholders' Deficit ( 102,698 ) ( 89,193 ) Total Liabilities and Stockholders' Deficit $ 874 $ 1,324 The accompanying notes are an integral part of these condensed financial statements 3 ORION BLISS CORP. (Unaudited) Three Months Ended July 31, 2024 Three Months Ended July 31, 2023 REVENUES (Consulting services) $ – $ – General and Administrative Expenses 13,505 33,623 NET INCOME (LOSS) FROM OPERATION ( 13,505 ) ( 33,623 ) PROVISION FOR TAXES – – NET INCOME (LOSS) ( 13,505 ) ( 33,623 ) NET LOSS PER SHARE: BASIC AND DILUTED $ ( 0.00 ) $ ( 0.00 ) WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED 3,038,000 3,038,000 The accompanying notes are an integral part of these condensed financial statements 4 ORION BLISS CORP. Common Stock Additional Paid-in Deficit Accumulated during the Development Total Stockholders' Shares Amount Capital Stage Equity Inception, March 23, 2021 – $ – $ – $ – $ – Shares issued for cash at $0.0001 per share on April 15, 2021 2,000,000 200 – – 200 Net loss for the year ended April 30, 2021 – – – ( 1,925 ) ( 1,925 ) Balance, April 30, 2021 2,000,0

MANAGEMENT'S DISCUSSION AND ANALYSIS

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

FORWARD LOOKING STATEMENTS

FORWARD LOOKING STATEMENTS 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 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. Employees and Employment Agreements At present, we have no employees other than our officer and director. We presently do not have pension, health, annuity, insurance, stock options, profit sharing or similar benefit plans; however, we may adopt such plans in the future. There are presently no personal benefits available to any officers, directors or employees. Results of Operation Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation. We e

QUANTITATIVE AND QUALITATIVE DISCLOSURES

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK. No report required.

CONTROLS AND PROCEDURES

ITEM 4. CONTROLS AND PROCEDURES Our management is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by us 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 Commission's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer's management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. An evaluation was conducted under the supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures as of July 31, 2024. Based on that evaluation, our management concluded that our disclosure controls and procedures were not effective as of such date to ensure that information 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 SEC rules and forms. Such officer also confirmed that there was no change in our internal control over financial reporting during the three-month period ended July 31, 2024 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting. 14

OTHER INFORMATION

PART II. OTHER INFORMATION

LEGAL PROCEEDINGS

ITEM 1. LEGAL PROCEEDINGS Management is not aware of any legal proceedings contemplated by any governmental authority or any other party involving us or our properties. As of the date of this Quarterly Report, no director, officer or affiliate is (i) a party adverse to us in any legal proceeding, or (ii) has an adverse interest to us in any legal proceedings. Management is not aware

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