Quarterly Report for Quarter Ending MARCH 31,2026 (Form 10-Q)

MANAGEMENT'S DISCUSSION AND ALALYIS OR PLAN OF OPERATION

THE FOLLOWING DISCUSSION SHOULD BE READ IN CONJUNCTION WITH OUR UNAUDITED FINANCIAL STATEMENTS AND NOTES THERETO INCLUDED HEREIN. IN CONNECTION WITH, AND BECAUSE WE DESIRE TO TAKE ADVANTAGE OF, THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995, WE CAUTION READERS REGARDING CERTAIN FORWARD LOOKING STATEMENTS IN THE FLOWING DISCUSSION AND ELSEWHERE IN THE THIS REPORT AND IN ANY OTHER STATEMENT MADE BY, OR AN BEHALF, WHETHER OR NOT IN FUTURE FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION, FORWARD-LOOKING STATEMENTS ARE STATEMENT NOT BASED ON HISTORICAL INFORMATION AND WHICH RELATE TO FUTURE OPERATIONS, STRATEGIES, FINANCIAL RESULTS OR OTHER DEVELOPMENTS. FORWARD-LOOKING STATEMENTS ARE NECESSARILY BASED UPON ESTIMATES AND ASSUMPTIONS THAT ARE INHERENTLY SUBJECT TO SIGNIFICANT BUSINESS, ECONOMIC AND COMPETITIVE UNCERTAINTIES, MANY OF WHICH ARE BEYOND OUR CONTROL AND MANY OF WHICH, WITH RESPECT TO FUTURE BUSINESS DECISIONS, ARE SUBJECT TO CHANGE, THESE UNCERTAINTIES AND CONTINGENCIES CAN AFFECT ACTUAL RESULTS AND COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FORM THOSE EXPRESSED IN ANY FORWARD-LOOKING STATEMENTS AND COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED IN ANY FORWARD LOOKING STATEMENTS MADE BY, OR ON OUR BEHALF, WE DIS TO UPDATE FORWARD-LOOKING STATEMENTS.

PLAN OF OPERATION

Auto Parts Division:

There is no business activity. The division has ceased to conduct the auto parts business.

Motors & Metal, Inc. - Progress discussed as follows:

Motors & Metals, Inc. is active in the scrap metal trading and processing business, but no transaction has materialized as yet.

Accurate Investments, Inc.:

This entity is also in good standing and continues to pursue investment opportunities. No significant transaction has concluded yet.

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City Autos, Corp.:

The Department of Motor Vehicles has been advised that the company will remain dormant until further notice.

RESULTS OF OPERATIONS

The Company recognized revenues of $ 8,000.00 during the three months ended March 31, 2026, and no revenues during the three months ended March 31, 2025. The net revenues for the period ended March 31, 2026, were more by $8,000.00 than for the same period in 2025. The Company did not incur any Cost of Goods Sold during the three months ended March 31, 2026, nor during the same period in 2025. The Company reported Gross Profit of $ 8,000.00 for the three months ended March 31, 2026, compared to no Gross Profit for the same period in 2025.

During the three months ended March 31, 2026, the Company incurred operational expenses of $ 29,109.00, compared to $27,475.00 for the three months ended March 31, 2025. This increase in operational expenses was due to higher admin expenses.

During the three months ended March 31, 2026, the company recorded a net loss of $ 21,109.00, compared with a net loss of $ 20,723.00 for the corresponding period in 2025. The increase in net loss was primarily attributable to higher administrative expenses in 2026 relatives to the same period in 2025.

The tax returns for the previous year have not been filed and shall be filed within the admissible period. Due to accumulated losses, there is no tax liability.

The Company's office remains at 9243 John F. Kennedy Blvd., Suite 104, North Bergen, NJ 07047.

LIQUIDITY

THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM'S REPORT ON THE COMPANY'S FINANCIAL STATEMENTS AS OF DECEMBER 31, 2017, AND FOR EACH OF THE PRECEDING YEARS THEN ENDED, INCLUDES A "GOING CONCERN" EXPLANATORY PARAGRAPH, THAT DESCRIBES SUBSTANTIALLY DOUBT ABOUT THE COMPANY'S ABILITY TO CONTINUE AS A GOING CONCERN.

On March 31, 2026, the Company had total current assets of $ 206,239.00, consisting of $12,847 in cash, and $160,662.00 as Other Current Assets, net, due from the IRS of $32,730.

NEED FOR ADDITIONAL CAPITAL

The Company does not have sufficient capital to meet its expansion Capital needs. The Company will have to seek loans or Equity placements to cover such cash needs.

No commitments to provide additional funds have been made by the Company's management or other stockholders. Accordingly, there can be no assurance that any additional funds will be available to the Company to allow it to cover the Company's expansion budget.