HSCT 10-K & 10-Q changes, risk factors and insider trading

During the year ended June 30, 2024,2025, we have financing activities as compared to $69,441$28,997 in proceeds from related party and during the year ended June 30, 2023,2024, $74,925$69,441 in proceeds from promissory note and proceeds from related party .party. Net cash provided by financing activities for the year ended June 30, 2024,2025, is $69,441$28,997 and 20232024 is $74,925.$69,441.

As of SeptemberMarch 30,31, 2025,2026, we had a cash balance of $113$5,563, inventory $61,114 and total assets of $76,982$66,677 compared to cash and total assets of $76,889 as at June 30, 2025. The decrease in total assets was due to inventory impairment As at SeptemberMarch 30,31, 2025,2026, and June 30, 2025 we had total liabilities of $265,237$313,650 and $253,676 respectively. Our liabilities at SeptemberMarch 30,202531, 2026 and June 30, 2025 were comprised of amounts due to our President and Director and for two loans payable to non-related parties for $16,000, which are unsecured, non-interest bearing, and due on or before SeptemberMarch 30,31, 2025.2026.

Our working capital deficit was $172,255$230,973 as at SeptemberMarch 30,31, 20252026 compared to $160,787 as at June 30, 2025 respectively.

During the period ended SeptemberMarch 30,31, 2025,2026, we did not issue any common shares.

Results of OperationsOperation

During the three months ended SeptemberMarch 3031 2025,2026, we incurred $11,468$41,380 of operating expenditures comprised of general and administrative, professional fees, and transfer agent feessfees compared to $3,178$9,757 for general and administrative, professional fees and transfer agent fees during the three months ended SeptemberMarch 30,31, 2024.2025.

During the threenine months ended SeptemberMarch 30,31, 2025,2026, we used $(10,77034,868) of cash for operating activities compared to the use of $(12,88225,016) for operating activities during the threenine months ended SeptemberMarch, 30, 2024.2025. During the threenine months ended SeptemberMarch 30,31, 20252026 our financial activities consisted of $10,863$40,411 in proceeds from a related party, compared to 12,83424,960 in financing activity during the threenine months ended SeptemberMarch 30,31, 2024.2025.

The financial statements as of and for the threenine months ended SeptemberMarch 30,31, 20252026 included herein, which have not been audited pursuant to the rules and regulations of the Securities and Exchange Commission, reflect all adjustments which, in the opinion of management, are necessary for a fair presentation of financial position, results of operations and cash flows for the interim periods on a basis consistent with the annual audited statements. All such adjustments are of a normal recurring nature. The results of operations for interim periods are not necessarily indicative of the results that may be expected for any other interim period or for a full year. Certain information, accounting policies and footnote disclosures normally included in financial statements prepared in conformity with accounting principles generally accepted in the United States of America have been omitted pursuant to such rules and regulations, although we believe that the disclosures are adequate to make the information presented not misleading.