Ankam, Inc.

Company overview

• Ankam, Inc. is a Nevada corporation focused on developing mobile applications for expense management.
• Stated products:
  • Expense Minder: a proprietary app under development to automate expense tracking, categorization, submission, and management, with features such as saving goals, bill reminders, and customizable categories.
  • MoneySaverApp: operations and assets were transferred to Ankam LLC (Wyoming) on November 30, 2023.
• Growth strategy includes acquisitions, subsidiary expansion, and marketing initiatives aimed at user acquisition and cross-promotion between its apps.

Core products and development

• Expense Minder: mobile app in development for expense tracking and submission, offering categorization, saving goals, bill reminders, and customizable categories.
• MoneySaverApp: assets and operations transferred to Ankam LLC on November 30, 2023.
• Apex Intelligence LLC: acquired January 3, 2024; includes the Apex currency converter service, related IP, licenses, and associated business activities.

Subsidiaries and acquisitions

• Ankam LLC (Wyoming): wholly owned subsidiary; received MoneySaverApp assets and operations on November 30, 2023.
• Apex Intelligence LLC (Wyoming): acquired January 3, 2024 for total consideration of $158,040 (initial payment $20,000; $138,040 financed via a one-year promissory note at 10% interest). A supplementary agreement set a conversion price of $0.60 per share for the outstanding debt; 230,067 shares were later issued at $0.60 to settle the debt (approved July 29, 2024).
• Mei Sheng Corporation Limited (美盛全球有限公司): incorporated August 27, 2024 as a subsidiary to support expansion in Hong Kong, Taiwan, and surrounding regions.

Capital structure and funding events

• August 8–12, 2024: An investor group led by Wang Wen Lung, Lin Chih Hsi, Kuo Yu Min, Sung Hsiang Yu, Wang Pao Kuei, and Wang Pao Hua acquired a controlling 77% equity stake through a privately negotiated transaction.
• August 8, 2024: Wang Wen Lung was appointed President, Treasurer, Director, and Secretary; prior President/Director Bakur Kalichava resigned.
• Apex-related convertible financing: $138,040 of outstanding debt converted into 230,067 shares at $0.60 per share.
• Proposed convertible note and MOU (September–November 2024): a $500,000 convertible note with a conversion price of $8 per share (65,000 shares upon conversion) maturing December 31, 2024; the MOU was cancelled on November 29, 2024.

Corporate structure

• Parent: Ankam, Inc. (Nevada)
• Subsidiaries:
  • Ankam LLC (Wyoming) – wholly owned; holds MoneySaverApp assets and operations.
  • Apex Intelligence LLC (Wyoming) – acquired January 3, 2024; includes Apex currency converter and related IP.
  • Mei Sheng Corporation Limited (美盛全球有限公司) – incorporated August 27, 2024 for Asian market activities.
• Ownership: As of August 12, 2024, the investor group holds a 77% controlling stake and the company’s leadership was updated following the transaction.

Marketing and growth strategy

• Plans to raise awareness for Expense Minder and MoneySaverApp through digital marketing, targeted campaigns, partnerships, and app store optimization.
• Emphasis on cross-promotion between Expense Minder and MoneySaverApp to grow the user base.
• Marketing and advertising budgets will be scaled as additional financing becomes available.

Intellectual property and development

• The Apex Intelligence acquisition includes all code, licenses, IP rights, documentation, and activities related to the Apex currency converter service.
• Expense Minder is described as proprietary and remains under development for expense management features.

Properties and offices

• The company does not own real estate.
• Current office is a home/office arrangement at 5F., No. 97, Jingye 1st Rd., Zhongshan Dist., Taipei City 104, Taiwan (R.O.C.), provided by the President, Wen Lung WANG, at no cost.
• The company anticipates expanding office space as R&D activities scale.

Personnel and governance

• Current board and executive officers:
  • Wen Lung WANG — Director, CEO, CFO, Treasurer, Secretary
  • Patric Lau — Non-Executive Director (appointed February 2026)
  • Wang Sheng Horng — Executive Director (appointed February 2026)
  • Huang Yu Liang — Executive Director (appointed February 2026)

Financial and operational details

• Apex Intelligence LLC acquisition: total consideration $158,040; $20,000 initial payment; $138,040 financed by a one-year promissory note at 10% interest; debt convertible at $0.60 per share, resulting in issuance of 230,067 shares.
• Proposed convertible note with Hatcher Opportunities: $500,000 at $8.00 per share conversion price; maturity December 31, 2024; subsequently cancelled on November 29, 2024.
• August 2024 transactions: issuance of 230,067 shares at $0.60 to settle Apex-related debt; closing of the investor group acquisition and related leadership changes in early August 2024.