At June 30, 2022 and 2021, the Company had no potentially dilutive common stock related to outstanding stock warrants.

Related Party Transactions

FASB ASC 850, “Related Party Disclosures” requires companies to include in their financial statements, disclosures of material related party transactions. The Company does not hold cashdiscloses all material related party transactions. A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in excessone of federally insured limits.the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party.

NOTE 2 – INVENTORIES

GeneralInventories are carried at the lower of cost or fair value and Administrative Expensesconsists of the supplies on-hand for use in future customer arrangements. Inventory balances of June 30, 2022, and December 31, 2021, respectively, were as follows:

The Company's general and administrative expenses consisted of the following types of expenses during 2021 and 2020: Legal and accounting, consulting, office expenses and other administrative related expenses.

NOTE 3 – PROPERTY, PLANT AND EQUIPMENT

Property consists of the following at June 30, 2022 and EquipmentDecember 31, 2021:

Property

Depreciation and equipment are carried at the cost of acquisition or construction and depreciatedamortization have been provided over theeach asset’s estimated useful liveslife. Depreciation and amortization expense was $530,527 and $0 for the six months ended June 30, 2022 and 2021 respectively.

NOTE 4 – UNBILLED ACCOUNTS RECEIVABLE

Unbilled accounts receivable represents amounts for which work has been performed but not yet billed. The following table shows the amounts as of the assets. Costs associated with repairJune 30, 2022 and maintenance are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity, or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on dispositions of equipment are reflected in operations. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets.December 31, 2021:

NOTE 5 – GOODWILL

Impairment of Long-LivedGoodwill and Other Intangible Assets. As of January 31, 2022, goodwill recorded on our Condensed Consolidated Balance Sheet aggregated $25.5 million which relates to our purchase of AMR Resources, LLC (AMR) on February 1, 2022. We perform an annual impairment review in the first quarter of each fiscal year.

In accordance with ASU 2017-04, “Intangibles – Goodwill and Other - Simplifying the Test for Goodwill Impairment,” The adoption of ASU 2017-04 requires that an entity should perform an annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit.

On March 31, 2022, we performed our annual goodwill impairment test and estimated the fair value of AMR based on the recent purchase of AMR. We concluded that the goodwill assigned to AMR, as of June 30, 2022, was not impaired and that AMR unit was at risk of failing step one of the goodwill impairment test as prescribed under the ASC.

NOTE 6 – INCOME TAXES

The Company reviewshas adopted ASC 740-10, “ Income Taxes”, which requires the carrying value of its long-lived assets annually or whenever events or changes in circumstances indicate that the historical cost carrying value of an asset may no longer be appropriate. The Company assesses recoverabilityuse of the asset by comparing the undiscounted future net cash flows expected to result from the asset to its carrying value. If the carrying value exceeds the undiscounted future net cash flows of the asset, an impairment loss is measured and recognized. An impairment loss is measured as the difference between the net book value and the fair value of the long-lived asset. Fair value is determined based on either expected future cash flows at a rate we believe incorporates the time value of money. No indications of impairments were identified in 2021 or 2020.

Basic and Diluted Net (Loss) per Share

Schedule of earning per share basic and diluted:

When an entity has a net loss, it is prohibited from including potential common sharesliability method in the computation of diluted per share amounts. Accordingly, we have utilized basic shares outstandingincome tax expense and the current and deferred income taxes payable (deferred tax liability) or benefit (deferred tax asset). Valuation allowances are established when necessary to calculate both basic and diluted loss per share forreduce deferred tax assets to the periods ended September 30, 2021, and 2020. amount expected to be realized.

The number of potential anti-dilutive shares excluded from the calculation sharesCompany’s effective tax rate for the period ended SeptemberJune 30, 2022 and for the period ended June 30, 2021 is 21,401,000.

Income Taxes

In December 2017,varies from the Tax Cuts and Jobs Act (the "Act") was enacted, which, among other changes, reduced the federal statutory corporate tax rate from 35% to 21%, effective January 1, 2018. As a result of this change, the Company's statutory tax rate for fiscal 2019 and 2020 will be 21%. due to valuation allowance which creates a near zero effective tax rate. The Company recognizesintends to continue maintaining a full valuation allowance on our deferred tax assets until there is sufficient evidence to support the reversal of all or some portion of the valuation allowance. However, given our current earnings and liabilities based on differences betweenanticipated future earnings, it is reasonably possible that in the financial reporting and tax basisnear future sufficient positive evidence may become available to support the conclusion that no valuation allowance is necessary.

NOTE 7– STOCKHOLDERS’ EQUITY

Preferred Stock

The Company is authorized to issue 5,000,000 shares of assets and liabilities using the enacted tax rates and laws that are expected to be in effect when the differences are expected to be recovered. preferred stock at a par value of $0.001 per share.

As of SeptemberJune 30, 2022 and December 31, 2021, the Company has 600,000 shares of Preferred Stock issued and outstanding.

Common Stock

The Company is authorized to issue 50,000,000 shares of common stock at a par value of $0.001 per share.

As of June 30, 2022 and December 31, 2021, the Company had 11,081,336 shares of its common stock issued and outstanding.

The Company did not issue any shares of its common stock during the six months ended June 30, 2022 or 2021.

Options

As of both June 30, 2022 and December 31, 2021, the Company had no stock options outstanding.

Warrants

As of both June 30, 2021 and December 31, 2020,2021, the Company has not reflected any amounts as a deferred tax asset due to the uncertainty of future profits to offset any net operating loss.

The Company's deferred tax assets consisted of the following as of September 30, 2021 and December 31, 2020:

Schedule of deferred tax assets and liabilities:

Uncertain tax position

The Company also follows the guidance related to accounting for income tax uncertainties. In accounting for uncertainty in income taxes, the Company recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the relevant tax authority. No liability for unrecognized tax benefits was recorded as of September 30, 2021 and December 31, 2020.had no warrants outstanding.

Fair Value of Financial InstrumentsNOTE 8 – COMMITMENTS AND CONTINGENCIES

The Company's financial instruments consist of cash and cash equivalents, accounts payable and debt. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.

Research and DevelopmentLeases

The Company spent 0 moneyaccounts for researchleases according to ASC 842 - Leases, which requires recognition of a right-of-use asset and development costlease liability for all leases at the periods ended September 30, 2021commencement date based on the present value of lease payments over the lease term. In addition, the Company has elected other available practical expedients to not separate lease and December 31, 2020.non-lease components for all classes of underlying assets and to exclude leases with an initial term of 12 months or less. The Company determines if a contract is or contains a lease at inception.

Advertising CostAs the implicit rate is not readily determinable for most of the Company’s lease agreements, the Company uses an estimated incremental borrowing rate to determine the initial present value of lease payments. These discount rates for leases are calculated using the Company’s interest rate of promissory notes.

The Company spent $0 for advertisementleases various vehicles under financing leases expiring in various years through 2026. The assets and liabilities under financing leases are recorded at the lower of the present value of the minimum lease payments or the fair value of the asset. The assets are amortized over their estimated useful lives. Amortization of assets under capital leases is included in depreciation expense for the periodssix months ended SeptemberJune 30, 2022. The following is a summary of property held under capital leases as of June 30, 2022 and December 31, 2021.

Schedule of property held under capital leases

Minimum future lease Payments under financing leases at June 30, 2022 and December 31, 2021 are as follows:

Interest rates on financing leases vary from 2.36% to 19.28% and 2020.are imputed based upon the lower of the Company’s incremental borrowing rate at the inception of each lease or the lessor’s implicit rate of return.

NOTE 2 – GOING CONCERN

As shown in the accompanying condensed consolidated financial statements, The Company has an accumulated deficit of $601,677 since its inception and had a working capital deficit of $82,425, negative cash flows from operations and limited business operations as of September 30, 2021. These conditions raise substantial doubt as to The Company's ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if The Company is unable to continue as a going concern.Operating Lease

The Company continues to reviewleases office space for its expense structure. Management plans to continue raising funds through debtcorporate headquarters in Kennesaw, Georgia under a sublease. The lease terminates on December 31, 2022 and equity financing. This financing may be insufficient to fund expenditures or other cash requirements. There can be no assurance that additional financing will be available tosince it is all current, the Company on acceptable terms or at all. These financial statements dohas elected not give effect to adjustments to assets would be necessaryrecord any Right of Use Assets and Lease Liabilities. The lease provides for the Company be unable to continue as going concern.

NOTE 3 – NOTES PAYABLE AND CONVERTIBLE NOTE PAYABLES

As of September 30, 2021, and December 31, 2020, the Company had unamortized discountbase monthly rent of $3,88260,031 and $0 respectively..

The Company analyzedleases corporate office space in Austin, Texas. In January 2022, the below convertible notes for derivatives noting none.Company entered into a sixty-four month lease through June 2027. As part of the agreement the Company received four months free rent. The Company makes tiered lease payments on the 1st of each month. The Company’s lease does not have any residual value guarantees or restrictive covenants.

On December 16, 2019,The Company classified the Company issuedlease as an operating lease and determined that the value of the right of use lease assets (“ROU”) and liability at the inception of the lease was $214,389 using a Promissory Note to Specialty Capital Lenders LLC (“Specialty”) in the amountdiscount rate of Eighty-Nine Thousand Two Hundred Fifty-Eight dollars ($89,258.00) (see Note 6. Related Party Promissory Note). The unpaid principal accrues interest at10%, which is the rate of five percent (5.00%) per annum starting on January 1, 2020, and the note matures on January 31, 2021 (the “Maturity Date”). Onpayable. As the Maturity Date,implicit rate is not readily determinable for the lease, the Company must pay Specialtyuses an estimated incremental borrowing rate to determine the outstanding principal balance together with all accrued and unpaid interest.initial present value of lease payments. The lease effective date is April 1, 2022.

The Company’s components of lease cost are as follows:

 Schedule of debt

 ScheduleOther Contingencies

Coronavirus Pandemic

In March 2020, the World Health Organization declared the outbreak of short term debta novel coronavirus (COVID-19) as a pandemic, which continues to spread throughout the United States of America. Efforts implemented by local and national governments, as well as businesses, including temporary closures, are expected to have adverse impacts on local, national and the global economies. Although the disruption is currently expected to be temporary, there is uncertainty around the duration and the related economic impact. Therefore, while we expect this matter to have an impact our business, the impact to our results of operations and financial position cannot be reasonably estimated at this time.

Russia-Ukraine conflict

The Russian-Ukraine conflict is a global concern. The Company does not have any direct exposure to Russia or Ukraine through its operations, employee base, investments or sanctions. We have no basis to evaluate the possible risks of this conflict.

NOTE 49 – RELATED PARTY TRANSACTIONSNOTES PAYABLE

The Company is provided office space by one of the officers and directors at no charge. The Company believes that this office space is sufficient for its needs for the foreseeable future.

On December 16, 2019, the Company’s former President sold the obligation owed to him byJanuary 21, 2022, the Company issued the Note to GNET in an aggregate principal amount of $89,25844.00 to Specialty Capital Lenders, LLC an affiliate and related party to the Company. These Company liabilities were converted to a million. The Note Payable which started accruingbears interest on January 1, 2020 at a rate of five percent (510%) per annum.annum and matures on the Maturity Date, January 21, 2025. The principal balance of the Note must be repaid in equal monthly installments commencing September 23, 2022, with the final payment due on the Maturity Date. Interest is calculated on the basis of a 360-day year for the actual number of days elapsed and is payable as a balloon payment on the Maturity Date. Prepayments are permitted subject to certain terms and conditions. The Note matures on October 31, 2021.

As of both September 30, 2021 and December 31, 2020, the Company recorded both the principal and accrued and unpaid interest related to the Promissory Note as a current liability on its balance sheet, as the note’s October 31, 2021 maturity date is within twelve (12) monthssecured by substantially all of the reporting date.

AsCompany’s assets. The proceeds were used for working capital and to fund the acquisition of September 30, 2021, the Company has a balance of $97,108AMR Resources as described previously and $93,733, respectively, of note payable and accrued interest payable with related parties.

NOTE 5 – STOCK HOLDERS' DEFICIT

Common Stock

The Company is authorized to issue 50,000,000 shares of common stock, par value $0.001. As of September 30, 2021 and December 31, 2020, there were 11,081,336 shares of common stock outstanding.

During the nine months ending September 30, 2021, the Company did not issue any common stock.

During the nine months ending September 30, 2020, the Company issued 300,000 common shares for $75,000 cash and issued no preferred stock.

Preferred Stock

The Company is authorized to issue 5,000,000 shares of preferred stock, par value $0.001. As of September 30, 2021 and December 31, 2020, there were 600,000 shares of preferred stock outstanding.

During the nine months ending September 30, 2021 and 2020, the Company did not issue any preferred stock.below.

Options and WarrantsAcquisition of AMR Resources

As of September 30, 2021 and December 31, 2020,On February 1, 2022, the Company has no options or warrants outstanding. completed the AMR Resources Acquisition for $40.4 million in cash, pursuant to the AMRR Agreement, subject to post-closing adjustment as contemplated therein. In contemplation of the AMR Resources Acquisition, OnePath formed AMR Resources and contributed those assets necessary for the operation of its integrated services business. As a result of the AMR Resources Acquisition, the Company acquired all of the outstanding limited liability company interests of AMR Resources and the former integrated services business of OnePath and AMR Resources became a wholly owned subsidiary of the Company.

NOTE 6 – AMR Resources has approximately 125 vehicle leases which are accounted for as finance leases and included in assets under property and equipment and in liabilities under notes payable. The following is a schedule of the Company’s long-term debt:

INCOME TAXESSchedule of long term debt

The Company follows ASC 740, Accountingpurchased the following assets (liabilities) on February 1, 2022 for Income Taxes. During 2009, there was a change in control$40.4 million, with the difference being recorded as goodwill. The following represent the fair value of the Company. Under section 382assets and liabilities per the best and most current information available at the time of the Internal Revenue Code such a change in control negates much of the tax loss carry forward and deferred income tax. Deferred income taxes reflect the net tax effects of (a) temporary differences between the carryingacquisition. The recorded amounts are subject to adjustment from valuation reports post-closing.

Schedule of assets and liabilities for financial reporting purposes and the amounts used for income tax reporting purposes, and (b) net operating loss carry forwards. For federal income tax purposes, the Company uses the accrual basis of accounting, the same that is used for financial reporting purposes.

The Company did not have taxable income during 2021.

The Company's deferred tax assets consisted of the following as of September 30, 2021, and December 31, 2020:

As of September 30, 2021, and December 31, 2020, the Company's accumulated net operating loss carry forward was approximately $601,677 and $570,579, respectively. Of the $601,677, approximately $59,222 is available for carryforward. Before the implementation of the Tax Cuts and Jobs Act (TCJA) in 2018, the Internal Revenue Service (IRS) allowed businesses to carry net operating losses forward 20 years to net against future profits and backward two years for an immediate refund of previous taxes paid. Net operating losses may now be carried forward indefinitely until the loss is fully recovered, but they are limited to 80% of the taxable income in any one tax period. The CARES Act removed the restrictions on tax loss carryback for tax years 2018, 2019, and 2020. The deferred tax assets have been adjusted to reflect the recently enacted corporate tax rate of 21%.

NOTE 710 – SUBSEQUENT EVENTS

As of SeptemberThe Company has evaluated events from June 30, 2021, the Company was obligated to Specialty Capital Lenders LLC for $89,258 with accrued interest of $7,850 for a total of $97,108 evidenced by a note that matures on October 31, 2021. As of2022, through the date hereof,when the maturity date of the note was extendedfinancial statements were available to January 31, 2022.issue and has determined there were no items requiring disclosure.

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.OPERATIONS

Management’s Plan of Operation.FORWARD-LOOKING STATEMENTS

The following discussion containsThis quarterly report on Form 10-Q includes forward-looking statements.statements within the meaning of Section 27A of the Securities Act of 1933, as amended, which we refer to in this annual report as the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, which we refer to in this annual report as the Exchange Act. Forward-looking statements giveare not statements of historical fact but rather reflect our current expectations, or forecasts ofestimates and predictions about future results and events. You can identify theseThese statements by the fact that they do not relate strictly to historical or current facts. Theymay use of words such as “anticipate,” “believe,” “estimate,” “expect,” “project,” “intend,” “plan,“predict,” “believe,“project” and similar expressions as they relate to us or our management. When we make forward-looking statements, we are basing them on our management’s beliefs and assumptions, using information currently available to us. These forward-looking statements are subject to risks, uncertainties and assumptions, including but not limited to, risks, uncertainties and assumptions discussed in this annual report. Factors that can cause or contribute to these differences include those described under the heading “Management Discussion and Analysis and Plan of Operation.”

If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may vary materially from what we projected. Any forward-looking statement you read in this annual report reflects our current views with respect to future events and is subject to these and other wordsrisks, uncertainties and termsassumptions relating to our operations, results of similar meaning in connection with any discussion of future operating or financial performance. From time to time, the Company also may provideoperations, growth strategy and liquidity. All subsequent written and oral forward-looking statements attributable to us or individuals acting on our behalf are expressly qualified in other materialstheir entirety by this paragraph. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this annual report. The Company expressly disclaims any obligation to release publicly any updates or revisions to these forward-looking statements to reflect any change in its views or expectations. The Company can give no assurances that we releasesuch forward-looking statements will prove to the public.

Overview.be correct.

The Company’s current business objective is to seek a business combination with an operating company. The Company intend to use our limited personnel and financial resources in connection with such activities. We will utilize our capital stock, debt or a combination of capital stock and debt, in effecting a business combination. It may be expected that entering into a business combination will involve the issuance of restricted shares of capital stock. The issuance of additional shares of our capital stock may significantly reduce the equity interest of our shareholders, will likely cause a change in control if a substantial number of our shares of capital stock are issued, and most likely will also result in the resignation or removal of our present officer and director and may adversely affect the prevailing market price for our common stock.

If we issued debt securities, it could result in default and foreclosure on our assets if our operating revenues after a business combination were insufficient to pay our debt obligations, acceleration of our obligations to repay the indebtedness even if we have made all principal and interest payments when due if the debt security contained covenants that required the maintenance of certain financial ratios or reserves and any such covenants were breached without a waiver or renegotiations of such covenants, our immediate payment of all principal and accrued interest, if any, if the debt security was payable on demand, and our inability to obtain additional financing, if necessary, if the debt security contained covenants restricting our ability to obtain additional financing while such security was outstanding.

Going Concern.

The Company was incorporated in the State of Nevada on June 29, 2009 as Premier Oil Field Services, Inc. and changed its name to American Metals Recovery and Recycling Inc. on April 25, 2014. The Company was dormant from 2015 until February 2021.

On August 2, 2021, the Company filed a Registration Statement on Form 10 to register the Company’s audited financial statementsshares of common stock, $0.001 par value (“Common Stock”) under Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company received no proceeds as result of such registration.

Prior to December 23, 2021, Repository Services LLC, a Wyoming limited liability company (“Repository Services”), held 8,123,230 shares, or 73.3% of the issued and outstanding shares of, Common Stock and 100% of the issued and outstanding shares of preferred stock, par value $0.001 (“Preferred Stock”), of the Company. On December 23, 2021, Multiband Global Resources, LLC, a Delaware limited liability company (“Multiband”), acquired 7,923,230 shares, or 71.5% of the issued and outstanding shares of, Common Stock and 100% of the issued and outstanding shares of Preferred Stock in exchange for a cash payment of $500,000 paid by Multiband to Repository Services. Also in December 2021, Repository Services transferred the remaining 200,000 shares of Common Stock that were not purchased by Multiband to Katell Survivors Trust (Gerald Katell, Trustee), an unrelated third party.

Since September 25, 2015, the Company has met the definition of a "shell" company, whose sole purpose was to locate and consummate a merger or acquisition with a privately-held operating company private entity.

On January 21, 2022, the Company issued a Secured Promissory Note (“Note”) to GNET ATC, Inc. (“GNET”) in an aggregate principal amount of $44 million. The Note bears interest at a rate of 10% per annum and matures on January 21, 2025 (the “Maturity Date”). The principal balance of the Note must be repaid in equal monthly installments commencing September 23, 2022, with the final payment due on the Maturity Date. Interest is calculated on the basis of a 360-day year for the years ended December 31, 2020actual number of days elapsed and 2019, were prepared using the assumption that we will continue our operationsis payable as a going concern. Our independent accountants in their audit report have expressed substantial doubt about our abilityballoon payment on the Maturity Date. Prepayments are permitted subject to continuecertain terms and conditions. The Note is secured by substantially all of the Company’s assets. The proceeds of the Note were used for working capital and to fund the acquisition of AMR Resources, LLC (“AMR Resources”) as a going concern. Our operations are dependent on our ability to raise sufficient capital or complete business combination as a result of which we become profitable. Our financial statements do not include any adjustments that may result from the outcome of this uncertainty.described below.

The Company had not generated any revenues during the years 2020 and 2019. The Company had total operating expenses of $23,620 during the year ended December 31, 2020 and total operating expenses of $6,600 in the year ended December 31, 2019. The Company incurred $4,475 interest expense during the year ended December 31, 2020 and no interest expense during the year ended December 31, 2019. During the years ended December 31, 2020 and December 31, 2019,On February 1, 2022, the Company hadcompleted the acquisition of all outstanding limited liability company interests of AMR Resources for $40.5 million in cash (the “AMR Resources Acquisition”), pursuant to a net lossUnit Purchase Agreement (the “AMRR Agreement”), dated February 1, 2022, by and between the Company and OnePath Systems, LLC (“OnePath”), subject to post-closing adjustment as contemplated therein. In contemplation of $28,125the AMR Resources Acquisition, OnePath formed AMR Resources and $6,600, respectively.contributed those assets necessary for the operation of its integrated services business. As a result of the AMR Resources Acquisition, the Company acquired 100% of the outstanding limited liability company interests of AMR Resources and the former integrated services business of OnePath and AMR Resources became a wholly owned subsidiary of the Company.

The Company seeks to acquire assets or shares of one or more additional privately-held entities actively engaged in revenue generating commercial activities in exchange for AMRR securities or cash. The Company is considering other acquisition candidates but has not generatedentered into any revenues during the quarter ended September 30, 2021. The Company had total operating expenses of $8,483acquisition agreements for the three months ended September 30, 2021 and $27,723 for the nine months ended September 21, 2021 (as compared to $34,689 for the nine months ended September 30, 2020). The Company had total operating expenses of $23,620 during the year ended December 31, 2020. The Company incurred $1,214 interest expense for the three months ended September 30, 2021, $1,125 for the three months ended September 30, 2020, $3,374 for the nine months ended September 30, 2031 and $3,351 for the nine months ended September 30, 2020.additional acquisitions.

DuringThe Company’s common stock is subject to quotation on the three months ended September 30, 2021 andOTC Markets Group, Inc. Pink Open Market Platform (“Pink Sheets”) under the three months ended September 30, 2020,symbol AMRR. There is currently only a limited trading market in the Company had a net lossCompany’s shares, nor do we believe that any active trading market has existed for approximately the last five years. There can be no assurance that there will be an active trading market for our securities following the effective date of $9,607 and $8,785, respectively. Duringthis Registration Statement under the nine months ended September 30, 2021 andSecurities Exchange Act of 1934, as amended (“Exchange Act”). In the nine months ended September 30, 2020,event that an active trading market commences, there can be no assurance as to the Company had a net lossmarket price of $31,097 and $38,040, respectively.our shares of common stock, whether the trading market will provide liquidity to investors, or whether any trading market will be sustained.

Liquidity and Capital Resources.Segment Information

Not required for smaller reporting Companies

Employees

As of December 31, 2020 and throughJune 30, 2022, we had approximately 300 employees, all in the date hereof, the Company has no business operations and limited cash resources other than that provided by Repository Services LLC. WeUnited States. Consultants are dependent upon interim fundingretained from time to be provided by Repository Services LLC or Specialty Capital Lenders LLC to pay professional fees and expenses. If the Company require additional financing, the Company cannot predict whether equity or debt financing will become available at terms acceptable to us, if at all. Repository Services LLC has agreed to provide funding as may be required to pay for accounting fees and other administrative expenses of the Company until the Company enters into a business combination. The Company would be unable to continue as a going concern without interim financing provided by Repository Services LLC.time.

As ofOverview.

At December 31, 2020, the Company had cash of $43,436 and as of December 31, 2019,2021, the Company had no cash. As of September 30, 2021,business operations.

On January 21, 2022, the Company had $15,164issued a $44 million Note to GNET, which bears interest at a rate of 10% per annum and matures on the Maturity Date, January 21, 2025. The principal balance of the Note must be repaid in total assetsequal monthly installments commencing September 23, 2022, with the final payment due on the Maturity Date. Interest is calculated on the basis of a 360-day year for the actual number of days elapsed and $97,489 in total liabilities.is payable as a balloon payment at the maturity date. Prepayments are permitted subject to certain terms and conditions. The Note is secured by substantially all of the Company’s assets. The Company used $40.5 million of the proceeds to acquire AMR Resources on February 1, 2022. The remaining proceeds of the Note have been and will be used to fund the operating activities of the Company and AMR Resources.

TheOn February 1, 2022, the Company hadacquired 100% of the outstanding limited liability company interests of AMR Resources consisting of the former integrated services business of OnePath for $40.5 million in cash subject to post-closing adjustment as contemplated by the AMRR Agreement, and AMR Resources became a negative cash flow from operationswholly owned subsidiary of $36,040 during the year ended December 31, 2020, mainly dueCompany. Since purchasing AMR Resources, the Company establishing corporate infrastructure necessary to a net loss of $28,125 and a negative cash flow from operations during the quarter ended September 30, 2021, due to a net loss of $9,607. The Company had financedoperate our negative cash flow from operations during the twelve months ended December 31, 2020 through the sale of shares of common stock to three investors. The Company did not sell and issue any securities during the nine months ended September 30, 2021.wholly owned subsidiary, AMR Resources, as an independent business.

AMR Resources designs, deploys and maintains integrated low-voltage systems for the commercial and residential market. This includes Life Safety, Physical Security, Audio-Visual, Networking and Structured Cabling solutions.  With approximately 300 employees and over 5,000 subcontractors, AMR Resources has a national footprint, with a heavy concentration in the Southeastern United States and is headquartered in the Atlanta, Georgia metropolitan area.