SEC Info - Stratos Renewables Corp. - ‘10-Q/A’ for 9/30/23

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		Alternative Formats (Word, et al.) Condensed Consolidated Financial Statements Controls and Procedures Defaults Upon Senior Securities Exhibits Financial Information Legal Proceedings Management's Discussion and Analysis of Financial Condition and Results of Operations Mine Safety Disclosures Other Information Part I -- Financial Information Part Ii -- Other Information Quantitative and Qualitative Disclosures About Market Risk Risk Factors Signatures Special Note Regarding Forward-Looking Statements and Other Information Contained in this Report Table of Contents Unregistered Sales of Equity Securities and Use of Proceeds
1	1st Page – Filing Submission
"	Table of Contents
"	Special Note Regarding Forward-Looking Statements and Other Information Contained in this Report
"	Part I -- Financial Information
"	Condensed Consolidated Financial Statements
"	Management's Discussion and Analysis of Financial Condition and Results of Operations
"	Quantitative and Qualitative Disclosures About Market Risk
"	Controls and Procedures
"	Part Ii -- Other Information
"	Legal Proceedings
"	Risk Factors
"	Unregistered Sales of Equity Securities and Use of Proceeds
"	Defaults Upon Senior Securities
"	Mine Safety Disclosures
"	Exhibits
"	Signatures

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i ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

i ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months, and (2) has been subject to such filing requirements for the past 90 days. Yes ☐ i No ☒

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). i Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company”, and “emerging growth company” in Rule 12b-2 of the Exchange Act:

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. i ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). i Yes ☒ No ☐

As of November 13, 2023, there were i 49,005,865 shares outstanding of the registrant’s common stock, par value $.001 per share, issued and outstanding.

i Stratos Renewables Corporation (“Stratos”) is filing this amendment No. 1 to the Form 10-Q filed November 13, 2023 for the period ended September 30, 2023 (the “Prior 10-Q). The Prior 10-Q failed to disclose the cancellation of 38,609,485 shares of Stratos Renewables Corporation common stock on August 16, 2023, in accordance with a court order sought by George Sharp, President and CEO of Stratos Renewables Corporation. Except to reflect the cancellation of these shares of common stock, there are no other changes to the Prior 10-Q.

This Quarterly Report on Form 10-Q/A (this “Form 10-Q/A”) contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements give our current expectations or forecasts of future events. You can identify these statements by the fact that they do not relate strictly to historical or current facts. You can find many (but not all) of these statements by looking for words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “would,” “should,” “could,” “may” or other similar expressions in this Form 10-Q/A. In particular, these include statements relating to future actions; prospective products, applications, customers and technologies; future performance or results of anticipated products; anticipated expenses; and projected financial results. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations or projections. Factors that could cause actual results to differ from those discussed in the forward-looking statements include, but are not limited to:

We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. We have included important factors in the cautionary statements included in this Form 10-Q/A that we believe could cause actual results or events to differ materially from the forward-looking statements that we make. Our forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures or investments we may make or collaborations or strategic partnerships we may enter into.

You should read this Form 10-Q/A and the documents that we have filed as exhibits to this Form 10-Q/A completely and with the understanding that our actual future results may be materially different from what we expect. We do not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Unless otherwise stated or the context otherwise requires, the terms “Stratos Renewables Corporation” “we,” “us,” “our” and the “Company” refer collectively to Stratos Renewables Corporation and its subsidiaries, if any.

CONDENSED STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIT) (UNAUDITED)

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 our unaudited financial statements and the notes to those financial statements appearing elsewhere in this Report.

Certain statements in this Report constitute forward-looking statements. These forward-looking statements include statements, which involve risks and uncertainties, regarding, among other things, (a) our projected sales, profitability, and cash flows, (b) our growth strategy, (c) anticipated trends in our industry, (d) our future financing plans, and (e) our anticipated needs for, and use of, working capital. They are generally identifiable by use of the words “may,” “will,” “should,” “anticipate,” “estimate,” “plan,” “potential,” “project,” “continuing,” “ongoing,” “expects,” “management believes,” “we believe,” “we intend,” or the negative of these words or other variations on these words or comparable terminology. In light of these risks and uncertainties, there can be no assurance that the forward-looking statements contained in this filing will in fact occur. You should not place undue reliance on these forward-looking statements.

The forward-looking statements speak only as of the date on which they are made, and, except to the extent required by federal securities laws, we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date on which the statements are made or to reflect the occurrence of unanticipated events.

The “Company,” “we,” “us,” or “our,” are references to the business of Stratos Renewables Corporation, a Nevada corporation.

We were incorporated in the State of Nevada on September 29, 2004 as New Design Cabinets, Inc. Prior to the closing of the Share Exchange, as described below, we were an operating public company, attempting to establish a base of operations in the custom cabinetry and furniture industry as a builder of specialty, custom designed cabinets and wine racks. From inception to the closing of the Share Exchange, we had limited operations and generated a total of $61,900 in revenues from the sale of wine rack “kits” and the oversight of various construction activities.

On June 15, 2021, George Sharp was appointed as our custodian by Order Granting Motion to Appoint George Sharp as Custodian and For Temporary Restraining Order on Order Shortening Time (Case No. A-21-835772-B, Dept. No.: 13) issued by the District Court of the State of Nevada in and for Clark County (the “Court Order”). Under his authority as Custodian George Sharp appointed himself as the sole member of the Board and President, Secretary and Treasurer of the Company by resolutions of the registrant’s Board of Directors on June 15, 2021. On December 10, 2021, in recognition of the $50,000 cash invested and $50,000 in consulting fees accrued by George Sharp for professional and regulatory fees to reinstate the registrant in the State of Nevada and to have the Company become current in its filings under the SEC’s recently imposed requirements for public companies operating under SEC Rule 15c2-11 that mandated the filing of current financial and corporate disclosures to be submitted to OTC Markets by June 30, 2021 and to have OTC Markets declare the Company “current” by September 30, 2021, the Board issued 300,000 shares of the authorized “blank check” preferred stock to George Sharp with 10,000 votes for each share of preferred stock to give voting control to Mr. Sharp. Mr. Sharp engaged BF Borgers CPA PC as the Company’s auditor to audit the financial statements prepared under Mr. Sharp’s supervision to allow for the necessary filings with the SEC to have the Company be subject to the reporting requirements of the SEC, including the filing of annual and quarterly financial reports.

On September 27, 2021 we filed a Motion to Require Written Proof of Claim on Order Shortening Time in the District Court of the State of Nevada in and for Clark County under NRS 78.347, 78.675 and other applicable provisions of Nevada law seeking an order barring unasserted claims against us and likewise barring all our creditors and claimants from participating in the distribution of our assets as set forth in NRS 78.675.

On September 28, 2021 we filed a Form 10-12G/A which we withdrew on November 19, 2021 to allow us to clarify the rights, preferences and privileges of our Series B preferred shares. We filed on December 10, 2021 a Certificate of Designation with the Nevada Secretary of State to designate 300,000 shares of Series B preferred stock with the voting rights of 10,000 shares of our common stock for each share of Series B preferred stock but with no rights of conversion into shares or our common stock.

On October 1, 2021 the District Court of the State of Nevada in and for Clark County entered an Order Granting Motion to Require Written Proof of Claim requiring that “any claimants and creditors of Stratos who fail to timely submit Proof of Claim as set forth in this Order shall be barred from later presenting their claim to Stratos.” On February 10, 2022, the District Court of the State of Nevada in and for Clark County entered an Order that “any and all claimants and creditors of Stratos are hereby barred from presenting any claim to Stratos.”

On July 6, 2022 the District Court of Clark County, Nevada, at the request of George Sharp acting as our Court appointed Custodian, entered an Order Granting Motion to Cancel Shares of Stratos Stock on an Order Shortening Time on July 6, 2022. As a result of that Order, 219,673,603 shares of our common stock were cancelled that reduced the number of our issued and outstanding shares of common stock to 16,803,070.

On August 16, 2023, in accordance with the Order by the District Court of Clark County, Nevada (Case No.: A-22-862558-B) on a motion sought by the Company, the Company cancelled 38,609,845 issued and outstanding shares of its common stock.

On August 23, 2022 the District Court of Clark County, Nevada, at the request of George Sharp acting as our Court appointed Custodian, entered an Order Granting Motion to Terminate Custodianship on Order Shortening Time.

On August 23, 2023, the Company issued 2,000,000 shares and 4,000,000 warrants to a company for $400,000 pursuant to a Stock Purchase and Share Subscription Agreement.

Our principal executive offices are located at 3535 Executive Terminal Drive, Henderson, NV 89052, and our telephone number is (702)-840-4433.

Our principal business objective for the next 12 months and beyond such time will be to achieve long-term growth potential through a combination with a business rather than immediate, short-term earnings. We will not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, may acquire any type of business or be acquired should such a reasonable opportunity arise.

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts in the accompanying consolidated financial statements and related notes. These estimates and assumptions have a significant impact on our financial statements. Actual results could differ materially from those estimates.

Critical accounting policies are those that require the most subjective and complex judgments, often employing the use of estimates about the effect of matters that are inherently uncertain. Our significant accounting policies are disclosed in Note 1 to the Financial Statements included in this Quarterly Report on Form 10-Q/A. However, we do not believe that there are any alternative methods of accounting for our operations that would have a material effect on our financial statements.

The COVID-19 pandemic has not had a material impact on the Company, particularly due to our lack of operations. The pandemic may, however, have an impact on our ability to develop business. For example, our efforts will be threatened by government shutdowns, supply and labor issues and resulting economic downturns which the pandemic has historically caused. While vaccinations beginning in 2021 allowed for the partial reopening of the economy, the recent “Omicron” variant of the virus, as well as reduced efficacy of vaccines over time and the possibility that a large number of people decline to get vaccinated or receive booster shots, creates inherent uncertainty as to the future of our business, the industries in which we operate and plan to operate and the economy in general in light of the pandemic.

As of the date of this Report, we do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.

The independent registered public accounting firm auditors’ report accompanying our December 31, 2022 financial statements contained an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern. The financial statements have been prepared “assuming that we will continue as a going concern,” which contemplates that we will realize our assets and satisfy our liabilities and commitments in the ordinary course of business.

We expect that our operating revenues, cost of revenues and operating expenses will greatly increase in the next fiscal year when we identify a potential acquisition target. Currently we only have nominal operating expenses to run the company and report to the Securities and Exchange Commission. We have identified ourselves as a shell company until such time a suitable business can be acquired, and we sustain operations.

In the nine months ended September 30, 2023 and 2022, we incurred professional fees of $243,895 and $520,942 which mostly relate to the filing of the required Securities and Exchange reports as well as costs to bring current the Company with required federal and state regulatory filings as well as for shares issued to consultants in 2023 and 2022 valued at $145,000 and $450,000, respectively. In addition, in 2023 and 2022, we recorded $319,000 and $1,500,000 in common shares to the officers of the Company for services rendered.

The Company incurred nominal expenses related to general and administrative items.

In the three months ended September 30, 2023 and 2022, we incurred professional fees of $198,196 and $28,574 which mostly relate to the filing of the required Securities and Exchange reports as well as costs to bring current the Company with required federal and state regulatory filings. In 2023, $145,000 relates to common shares issued to consultants for services rendered. In addition, the Company issued common shares to the officers valued at $319,000 for services rendered.

The Company incurred nominal expenses related to general and administrative items.

The Company in June 2021 was recently revived by the State of Nevada. The Company had no operations for a period of 11 years prior to that when they filed a Form 15.

On June 15, 2021, George Sharp was appointed as our Custodian by Order Granting Motion to (1) Intervene, (2) Remove Custodian, (3) Appoint George Sharp as Custodian, and (4) for Temporary Restraining Order and Preliminary Injunction on Order Shortening Time, Case No A-21-835772-B, Dept. No. 13 issued by the District Court of the State of Nevada in and for Clark County (the “Court Order”). Under his authority as Custodian, George Sharp appointed himself as the sole member of the Board and President, Secretary and Treasurer of the Company by resolutions of the registrant’s Board of Directors on June 16, 2021.

Since April 29, 2022, the Company has completed Securities and Exchange Commission filings to become a fully reporting company. They have brought current state regulatory filings to be compliant in the State of Nevada. The Company has commenced the process to identify suitable acquisition targets. The current operating expenses incurred have been to get to this point. Future operating expenses will be largely funded by George Sharp until such time as the Company can raise the necessary funding to acquire a business and provide necessary working capital to pay for the operating expenses of the Company.

As of September 30, 2023, we had an accumulated deficit of $3,046,626. Our independent registered public accounting firm has provided a going concern opinion on our most recent audited financial statements as of December 31, 2022.

In the future, we will need to consummate one or more capital raising transactions, including potential debt or equity issuances, and/or generate material revenue from an acquired business or businesses to fund our operations. We may also issue shares of common stock, stock options or other securities to compensate our employees or independent contractors.

We used $293,025 and $0 in cash flows from operating activities for the nine months ended September 30, 2023 and 2022, respectively. The majority of the cash used was due to the repayment of accounts payable to our Chief Executive Officer.

We had no financing activities for the nine months ended September 30, 2023 and 2022 except for the shares of common stock issued for cash of $400,000 in the nine months ended September 30, 2023.

Based upon our current operations, we will need additional working capital to fund our operations over the next 12 months. Further, if we are able to close a reverse merger, asset purchase or similar transaction to acquire an operating business, it is likely we will need additional capital, including potentially as a condition of closing the acquisition. Because of the inherent uncertainties of the Company at this stage, we cannot be certain as to how much capital we need, if and how we can raise capital or the type or quantity of securities we will be required to issue to do so. In connection with a business combination, we may issue a significant number our shares of our common stock or securities convertible or exercisable into our common stock to the target’s shareholders which will be dilutive to our shareholders.

We anticipate that we will incur operating losses during the next 12 months. Our ability to develop and implement our business plan will be subject to a number of risks, expenses and difficulties frequently encountered by companies in their early stage of development. Such risks for us include, but are not limited to, an evolving and unpredictable business model; recognition of revenue sources; and the management of growth.

The Company is not required to provide the information required by this Item as it is a “smaller reporting company,” as defined in Rule 229.10(f)(1).

Item 4. Controls and Procedures Limitations on Effectiveness of Controls and Procedures

The term “disclosure controls and procedures,” as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act, refers to controls and procedures that are designed to ensure that information required to be disclosed by a company in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by a company in the reports that it files or submits under the Exchange Act is accumulated and communicated to the company’s management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

In designing and evaluating our disclosure controls and procedures, management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives. In addition, the design of disclosure controls and procedures must reflect the fact there are resource constraints and management is required to apply judgment in evaluating the benefits of possible controls and procedures relative to their costs.

Our management, with the participation of our Principal Executive Officer and Principal Financial Officer, evaluated, as of the end of the period covered by this Form 10-Q/A, the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act). Based on that evaluation, our Principal Executive Officer and Principal Financial Officer concluded our disclosure controls and procedures were not effective at the reasonable assurance level as of September 30, 2023.

No change in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) has occurred during the three months ended September 30, 2023 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

We filed a lawsuit on December 14, 2022 in the District Court for Clark County, Nevada as Case No. A-22-862558-B seeking to cancel certain shares of our common stock purportedly held by the following shareholders that were named as defendants in this case: Harbor Ridge Capital LLC; Tapirdo Enterprises LLC; Kenneth Laurent; Mark Beychok; Lynn-Cole Capital Corporation; AMRMK, LLC; Corporate Communications Network, Inc.; CCN Worldwide; JAB Holdings LLC; Blueday Limited; Horizon Capital Inc; and Salem Dasmal. Service upon the defendants was attempted at the last known address provided to the transfer agent. However, none of the named defendants could be located at that address so alternative means of service authorized by the District Court have been pursued and completed. The District Court granted our motion to cancel our shares of common stock on August 16, 2023, and the District Court’s Order cancelling those shares of common stock was filed on August 17, 2023.

On December 10, 2021, we issued 300,000 shares of Series B Preferred shares to our CEO for his services.

On June 27, 2022, we issued 1,300,000 shares of common stock to our CEO and consultants for services rendered.

On August 14, 2023, the Company issued 1,100,000 shares to related parties and 500,000 shares to non-related parties valued at $464,000 for services rendered.

On August 23, 2023, the Company issued 2,000,000 shares and 4,000,000 warrants to a company for $400,000 pursuant to a Stock Purchase and Share Subscription Agreement.

There is no other information required to be disclosed under this item which was not previously disclosed.

Pursuant to the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
i Common Stock, $.001		i SRNW		N/A

	●	our ability to continue as a going concern;

	●	our operating expenses exceed our revenues and will likely continue to do so for the foreseeable future;

	●	our ability to obtain additional capital, which may be difficult to raise as a result of our limited operating history or any number of other reasons;

	●	competition;

	●	general economic conditions and events and the impact they may have on us; and

	●	other factors discussed in this Form 10-Q/A.

	September 30, 2023 (Restated)			December 31, 2022
	(unaudited)
ASSETS
CURRENT ASSETS
Cash	$	i 106,975		$	-
Total current assets		i 106,975			-

Total non-current assets		-			-
TOTAL ASSETS	$	i 106,975		$	-

LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)

CURRENT LIABILITIES
Accounts payable	$	i 4,424		$	i 6,369
Accounts payable – related party		-			i 190,920
Accounts payable		-			i 190,920
Total current liabilities		i 4,424			i 197,289

TOTAL LIABILITIES		i 4,424			i 197,289

STOCKHOLDERS’ EQUITY (DEFICIT)
Preferred stock, par value $ i i 0.001 / ; i i 50,000,000 / shares authorized; i i 300,000 / and i i 300,000 / shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively		i 300			i 300
Common stock, par value $ i i 0.001 / ; i i 350,000,000 / shares authorized, i i 49,005,865 / and i i 84,015,350 / shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively		i 49,006			i 84,015
Additional paid in capital		i 3,099,871			i 2,200,862
Accumulated deficit		( i 3,046,626	)		( i 2,482,466	)
Total stockholders’ equity (deficit)		i 102,551			( i 197,289	)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)	$	i 106,975		$	-

	2023 (Restated)			2022

REVENUES	$	-		$	-

COST OF REVENUES		-			-

GROSS PROFIT		-			-

OPERATING EXPENSES:
Professional fees		i 243,895			i 520,942
Related party consulting expense for common stock		i 319,000			i 1,500,000
General and administrative		i 1,265			-
Total operating expenses		i 564,160			i 2,020,942
LOSS FROM OPERATIONS BEFORE BENEFIT (PROVISION) FOR INCOME TAXES		( i 564,160	)		( i 2,020,942	)
BENEFIT (PROVISION) FOR INCOME TAXES		-			-
NET LOSS	$	( i 564,160	)	$	( i 2,020,942	)

NET LOSS PER SHARE
Basic and diluted	$	( i i 0.007 /	)	$	( i i 0.012 /	)

SHARES USED IN CALCULATION OF NET LOSS PER SHARE
Basic and diluted		i i 78,076,755 /			i i 164,870,896 /

	2023 (Restated)			2022

REVENUES	$	-		$	-

COST OF REVENUES		-			-

GROSS PROFIT		-			-

OPERATING EXPENSES:
Professional fees		i 198,196			i 28,574
Related party consulting expense for common stock		i 319,000			-
General and administrative		i 1,265			-
Total operating expenses		i 518,461			i 28,574
LOSS FROM OPERATIONS BEFORE BENEFIT (PROVISION) FOR INCOME TAXES		( i 518,461	)		( i 28,574	)
BENEFIT (PROVISION) FOR INCOME TAXES		-			-
NET LOSS	$	( i 518,461	)	$	( i 28,574	)

NET LOSS PER SHARE
Basic and diluted	$	( i i 0.008 /	)	$	( i i 0.001 /	)

SHARES USED IN CALCULATION OF NET LOSS PER SHARE
Basic and diluted		i i 66,393,216 /			i i 26,354,096 /

Stratos Renewables Corp. – ‘10-Q/A’ for 9/30/23

On: Wednesday, 11/15/23, at 4:00pm ET · For: 9/30/23 · Accession #: 1493152-23-41481 · File #: 0-53187

Previous ‘10-Q’: ‘10-Q’ on 11/13/23 for 9/30/23 · Latest ‘10-Q’: This Filing

Amendment to Quarterly Report — Form 10-Q

Filing Table of Contents

‘10-Q/A’ — Amendment to Quarterly Report

Document Table of Contents

This is an HTML Document rendered as filed. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

Large accelerated filer	☐	Accelerated filer	☐
i Non-accelerated filer	☒	Smaller reporting company	i ☒
		Emerging growth company	i ☒

		Page
Special Note Regarding Forward-Looking Statements and Other Information Contained in this Report		ii

	PART I – FINANCIAL INFORMATION	F-1

Item 1.	Condensed Consolidated Financial Statements	F-1

Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	1

Item 3.	Quantitative and Qualitative Disclosures About Market Risk	6

Item 4.	Controls and Procedures	6

	PART II – OTHER INFORMATION	7

Item 1.	Legal Proceedings	7

Item 1A.	Risk Factors	7

Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	7

Item 3.	Defaults Upon Senior Securities	7

Item 4.	Mine Safety Disclosures	7

Item 5.	Other Information	7

Item 6.	Exhibits	8

Signatures		9

	2023			2022

Cash flows from operating activities:
Net loss	$	( i 564,160	)	$	( i 2,020,942	)
Adjustments to reconcile net loss to net cash (used in) operating activities:
Common shares accrued for services-related party		i 145,000			i 1,500,000
Common shares issued for consulting – non-related parties		i 319,000			i 450,000
Changes in assets and liabilities
Accounts payable – related party		( i 190,920	)		i 115,159
Accounts payable and accrued expenses		( i 1,945	)		( i 44,217	)
Net cash (used in) operating activities		( i 293,025	)		-

Cash flows from financing activities:
Proceeds from issuance of common stock		i 400,000			-
Net cash provided by financing activities		i 400,000			-
NET INCREASE (DECREASE) IN CASH		i 106,975			-
Cash – beginning of period		-			-
Cash – end of period	$	106,975		$	-

SUPPLEMENTAL DISCLOSURES:
Cash paid for interest	$	-		$	-
Cash paid for income taxes	$	-		$	-

Exhibit No.		Description

31.1		Certification by the Principal Executive Officer and Financial Officer of Registrant pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (Rule 13a-14(a) or Rule 15d-14(a)).

32.1		Certification by the Principal Executive Officer and Financial Officer pursuant to 18 U.S.C. 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

101*		Inline XBRL data files of Financial Statements and Notes contained in this Quarterly Report on Form 10-Q/A

104		Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

	STRATOS RENEWABLES CORPORATION

Date: November 15, 2023	By:	/s/ George Sharp
	Name:	George Sharp
	Title:	President
		(Principal Executive and Financial and Accounting Officer)

This ‘10-Q/A’ Filing	Date	Other Filings

	12/31/26
	12/31/24
Filed on:	11/15/23
	11/13/23	10-Q
For Period end:	9/30/23	10-Q
	8/23/23
	8/17/23
	8/16/23
	8/14/23	10-Q
	6/30/23	10-Q
	3/31/23	10-K, 10-Q
	12/31/22	10-K
	12/15/22
	12/14/22
	11/14/22	DEF 14C
	10/11/22	PRE 14C
	9/30/22	10-Q
	9/16/22
	8/23/22
	7/6/22	8-K
	7/5/22
	6/30/22	10-Q
	6/27/22
	4/29/22	SEC ACTION
	3/31/22	10-Q
	2/10/22
	12/31/21
	12/10/21
	11/19/21	RW
	10/1/21
	9/30/21
	9/28/21	10-12G/A
	9/27/21	10-12G
	7/1/21
	6/30/21
	6/16/21
	6/15/21
	5/27/14
	9/29/04
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