PETRO USA, INC. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL POSITION AND OPERATING RESULTS. (form 10-Q)

Forward-looking statements

This section and other parts of this Quarterly Report of Form 10-Q include “forward-looking statements”, which involve risks and uncertainties. All statements other than statements of historical fact included in this Form 10-Q that deal with activities, events or developments that we anticipate or anticipate will or may occur in the future, including such things as that future capital expenditures (including the amount and nature thereof), business strategy and measures to implement the strategy, competitive strength, objectives, expansion and growth of our business and of our operations, plans, references to future successes, references to intentions with respect to future matters and other such matters are forward-looking statements. In some cases, you can identify forward-looking statements by words such as “may”, “will”, “should”, “expects”, “plans”, “anticipates”, “believes”, “believes”, “Predicted,”, ‘These statements are only predictions. Actual events or results may differ materially. These statements are based on certain assumptions and analyzes that we have made in light of our experience and our perception of historical trends, current conditions and expected future developments as well as other factors that we deem appropriate in the circumstances. However, the compliance of actual results and developments with our expectations and forecasts is subject to a number of risks, uncertainties and other factors, many of which are beyond our control.

Although we believe that the expectations reflected in forward-looking statements are reasonable, we cannot guarantee future results, activity levels, performance or achievements. In addition, we assume no responsibility for the accuracy and completeness of these forward-looking statements. We are under no obligation to update any forward-looking statements after the date of this report to conform such statements to actual results.

Overview

All properties of State Holdings, Inc. (the “Company”, “we” or “us”) was incorporated under the laws of State of nevada to April 24, 2008. All properties of State Holdings, Inc. is to serve as a vehicle for effecting a merger, share capital exchange, asset acquisition or other business combination with a domestic or foreign private enterprise. The company has not started the planned main operations. The Company has a June 30th end of the year. From September 30, 2021, common shares issued and outstanding amounted to 33,920.

Certain statements contained below are forward-looking statements (rather than historical facts) that are subject to risks and uncertainties that could cause actual results to differ materially from those described in forward-looking statements.

Our auditors have issued a going concern opinion in the financial statements for the year ended June 30, 2021.

RESULTS OF OPERATIOMS



Working Capital

                           September 30,        June 30,
                               2021               2021

Current Assets                $         -       $         -
Current Liabilities               117,500             111,400
Working Capital (Deficit)   $    (117,500 )   $      (111,400 )

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