 IGO WAFU FOOD CORPORATION is a formed name after the joint venture of ABC

Food Corporation (parent company) and CBA Bakery but under the name and style of
"CDE".

 In which ABC Food Corporation and CBA Bakery expanded their business and reached
new customers by working with each other by agreeing to pool their resources for the
purpose of accomplishing a specific task. They formed an IGO WAFU FOOD
corporation as a result of their joint venture.

 Igo Wa Fu Food Corporation was registered with the Securities and Exchange
Commission (SEC) on October 30, 2014 which it optimizes exchange in the business of
manufacturing, trading, buying, and selling food and bakery items such as, but not
limited to, coffee, crepes, waffles, pastries, drinks, and other food and bakery items.

 A corporation like this can be established as a retail business from a storefront location
selling baked goods to consumers or a wholesale business selling baked goods to food
retailers and institutions. A bakery's profit potential is high, especially if the business
sells both retail and wholesale baked goods. Client 1 operates both as a retail and
wholesale business to increase the size of their potential market as well as revenues and
profits.

 Moreover, according to the company, it made the transition from PFRS for SMEs to
PFRS for SE. Which there are no significant changes in the balances of accounts
determined in accordance with PFRS for SMEs to balances determined in accordance
with PFRS for SEs as at December 31, 2019.

 More so, according to the notes, IGO WAFU FOOD CORPORATION commenced
commercial operations, which is a professional field that helps organizations manage
their processes and improve their sales while reducing operational costs.