Management’s Discussion and Analysis of Financial Condition and Results of Operations

You should read the following discussion and analysis of our financial condition and results of operations together with our financial statements and the related notes and other financial information included elsewhere in this offering. Some of the information contained in this discussion and analysis, including information regarding the strategy and plans for our business, includes forward-looking statements that involve risks and uncertainties. You should review the "Risk Factors" section for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in the following discussion and analysis.

Overview

We promote enticing offers from food, drink and entertainment vendors in college towns to students. Our patent-pending process incentivizes students to go to these retail outlets together, and the more they share and do together, the more value they get. Because everything on our app is geared toward helping students spend more time together, we've created a win-win scenario for both our vendor partners and users.

After opening our first account at the University of Oregon in April 2017, we've now grown to three total college campuses. We have a rapidly growing user base (currently more than 8,000 students) and bring real value to our vendor partners, so our goal is to grow nationwide. There are around 4,000 college campuses around the United States and we soon want to have a user base in every one. 

Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.

Milestones

OODLES CORPORATION was incorporated in the State of California in February 2017.

Since then, we have:

• Our user base has quadrupled to around 8,000 students in the last six months.
• We have 4.9 stars on 215 ratings in Apple's App Store. 
• Revenue generated for partners has increased 150% in six months.
• Grown from operating in one University to three in less than a year.
• Successfully filed a full, non-provisional patent for the vendor promotion process that forms the basis of our app.
• More than 6,000 monthly views of the deals/events on our app in 2018.

Historical Results of Operations

Our company was organized in February 2017 and has limited operations upon which prospective investors may base an evaluation of its performance.

• Revenues & Gross Margin. For the period ended December 31, 2017, the Company had revenues of $467. Our gross margin was 100.0%.
• Assets. As of December 31, 2017, the Company had total assets of $64,130, including $59,413 in cash.
• Net Loss. The Company has had net losses of $88,470 for the fiscal year ended December 31, 2017.
• Liabilities. The Company's liabilties totaled $28,600 for the fiscal year ended December 31, 2017.

Liquidity & Capital Resources

To-date, the company has been financed with $107,000 in SAFEs.

After the conclusion of this Offering, should we hit our minimum funding target, our projected runway is 6 months before we need to raise further capital.

We plan to use the proceeds as set forth in this Form C under "Use of Funds". We don’t have any other sources of capital in the immediate future.

We will likely require additional financing in excess of the proceeds from the Offering in order to perform operations over the lifetime of the Company. We plan to raise capital in 6 months. Except as otherwise described in this Form C, we do not have additional sources of capital other than the proceeds from the offering. Because of the complexities and uncertainties in establishing a new business strategy, it is not possible to adequately project whether the proceeds of this offering will be sufficient to enable us to implement our strategy. This complexity and uncertainty will be increased if less than the maximum amount of securities offered in this offering is sold. The Company intends to raise additional capital in the future from investors. Although capital may be available for early-stage companies, there is no guarantee that the Company will receive any investments from investors.

Runway & Short/Mid Term Expenses

OODLES CORPORATION cash in hand is $34,408, as of February 2018. Over the last three months, revenues have averaged $250/month, cost of goods sold has averaged $0/month, and operational expenses have averaged $10,000/month, for an average burn rate of $9,750 per month. Our intent is to be profitable in 24 months.

No material changes. We continue on the running rate of spend that was seen for the prior three months.

We started receiving revenue from our vendor-partners in November 2017.  As the number of vendors-partners at each University grows, and the number of students transacting via our app grows, this revenue will correspondingly increase.  Expenses should stay at an average of $10k/month thru the end of this school year, i.e. June 2018.  Over the summer time, both revenue and expense will decrease as students will no longer be in school.  Please note that none of the employees of the company are currently taking salary, the expectation is that a minimum salary will be taken by each employee once this next. round of funding is achieved, to the desired level.  This will add to the expense total monthly.