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

We are a natural resource company with an objective of acquiring, exploring and developing natural resource properties in the United States. Our primary focus in the natural resource sector is gold, though we may acquire rights to properties that may have reservesmineralization or mineral resources or reserves, if any, of other types of minerals. Our acquisition of a property may take the form of the outright purchase of property or the lease, license, claim (whether patented or unpatented) or other use agreement which provides us with the real property rights, other interests in land, including mining and surface rights, easements, and rights of way and options to conduct mining operations on real property. We currently do not hold rights in any mining properties and do not engage in any substantive business operations or generate revenue from any sources. The nature and percent of the interest we acquire in a property will depend on several variables, including the amount of capital we possess.

During the fiscal years ended March 31, 20242025 and 2025,2026, the Company did not engage in any substantive business operations,operations and did not generate any revenue. During 2025,2026, we incurred operating expenses of $27,062, including $20,855 in professional fees, and suffered a net loss of $27,062, as compared to 2025 in which the Company did not generate any revenue and incurred operating expenses of $27,846, including $19,500 in professional fees, and suffered a net loss of $27,846, as compared to 2024 in which the Company did not generate any revenue and incurred operating expenses of $46,321, including $42,125 in professional fees and suffered a net loss of $46,321.$27,846.

As of March 31, 2025,2026, the Company had assetsno of $3,960, comprised of prepaid expenses,assets, total liabilities of $20,191$43,293 and had a deficit accumulated of $1,197,136,$1,224,198 compared to the year ended March 31, 20242025 in which we had no assets, no liabilities and had a deficit accumulated of $1,169,290.$1,197,136.

The discussion and analysis of financial condition and results of operations are based upon the Company’s financial statements, which have been prepared in accordance with generally accepted accounting principles in the United States. The preparation of these condensed financial statements requires estimates and assumptions that affect the reported amounts of assets, liabilities, sales and expenses, and related disclosure of contingent assets and liabilities. On an ongoing basis, our management evaluates its estimates based upon historical experience and various other assumptions that it believes to be reasonable in the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates.

CautionaryForward statementLooking regarding forward-looking statementsStatements

We are a natural resource company with anwhose objective ofis acquiring,to exploringacquire, evaluate, develop and developingoperate natural resource properties in the United States, thereby continuing the business of prior management.States. For purposes of this Report, the term “acquire” meansincludes thean outright purchase of property or the acquisition of rights under a lease, license, claim (whether patented or unpatented) claim, option or other use agreement whichthat provides usreal-property, themining, realsurface, propertyeasement, rights, other interests in land, including mining and surface rights, easements, and rightsright of way andor optionsother rights necessary to evaluate, develop or conduct mining operations on reala property. We may acquire, develop and operate mining properties either alone or with development partners.

Our primary focus in the natural resource sector is gold, thoughalthough we may acquire rights to properties thatprospective have reserves offor other types of minerals. As of the date of this Report, we do not hold rights in any miningproperties, properties nor do we engage in anyconduct substantive business operations or generate revenue from any sources.revenue. The searchacquisition, forevaluation valuableand naturaldevelopment resourcesof asmineral aproperties business isare extremely risky and capital-intensive. Our ability to achieve our objective is predicated on,depends, among other things, ouron receipt ofobtaining financing to fund our operations. We can provide investors with no assurance that we will obtain financing to commence operations andor acquire a propertyproperty, or that we will exploit commercial quantities of minerals from any property we may acquire.acquire will contain economically recoverable mineralization.

ItWe is our intentionintend to engage in mining operations asrather opposedthan to acquiringacquire a passive interest in an existing enterprise. MiningOur operationscontemplated activities include identifying an appropriate property, conducting technical due diligence withand, respectif towarranted, such propertydeveloping and undertakingconducting extraction operations, if warranted.operations. We do not initially expect to engageconduct ingrassroots exploration forto propertiesidentify butproperties. ratherInstead, we expect to acquireseek a propertyproperties for which permits, a mining plan andplan, historical information exists and about which at least some geological, geochemical andor geophysical information isare available. If we identify a property that our due diligence revealsindicates maythat possessa reserveproperty has mineral potential thatbut weour resources are unableinsufficient to acquire or develop onit our own by reason of our limited resources,independently, we may enter into a joint venture with one or more partners to develop a property.partners. We may buy andor sell properties inat any phase of development to maximize earnings,development, including before weproduction commence producing on a property.begins. We expect to retain geologists, consultants, mining and operations specialists and other personnel as necessary and warranted to assess resourceavailable technical information, mineral resources and reservemineral analysis,reserves, if any, mineability and to conductpotential mining operations.

Natural resource explorationproperty acquisition, evaluation and development requiresrequire significant capitalcapital, and our current assets and resources are insufficient to acquire any propertiesproperty or fund any mining operations. Accordingly, our principal initial objective will beis to raise sufficient capital to acquire a potentially lucrativeattractive mining property at an attractiveacceptable valuation. We can offer no assurance that we will be successful in raising any capital to fund our operations. Mr. Glass, our sole officer andofficer, director and our principal stockholder, has funded our operations since January 20192019, and we currently aredepend dependententirely on him entirely to fund our operations unless and until we raise the capital to identify and acquire a mining property,property. if ever. ThoughAlthough Mr. Glass has advised us of his present intention to fund our operations through loans or further investment in the Company, there is no written agreement bindingobligates him to do so. In the even thatIf Mr. Glass does not fund our capital requirements, we may not be ableunable to continue operationsoperations, and stockholders could lose thetheir entire amount of their investment in ourthe Company.

Results of Operations for the Three Months Ended DecemberJune 31,30, 20252026 Compared to the Three Months Ended DecemberJune 31,30, 20242025 (unaudited)

We will seekintend to finance our future operations through the salesales of equity securitiessecurities, andloans from related parties or third partyparties loans.and, if available, joint-venture or other project financing. We cannot offerassure investors anythat assurancefinancing will be available on acceptable terms or at all, that we will obtain the considerablesubstantial capital required to acquire and develop a mining propertyproperty, or that any property we acquire will generate anyrevenue. revenue from any property thatIf we acquire.cannot Weobtain expectadditional thatfinancing ourpromptly, abilitywe may be unable to obtainpay debtthe costs of remaining an Exchange Act reporting company or equitycontinue financing for the acquisition, development and operation of properties will be more difficult in the current inflationary environment.operations.

Off-Balance Sheet and Other Arrangements