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Certiplex Corp

CIK: 17553471 Annual ReportsLatest: 2025-03-31

10-K / March 31, 2025

Certiplex Corporation - Company Summary

Business Overview

  • Founded: August 7, 2018, in Montana
  • Type: Full-service multimedia company
  • Operations Focus:
    • Development of ready-to-sell business modules (pre-made websites with integrated products/services)
    • Website and mobile app design, development, and integration
    • Search Engine Optimization (SEO) and social media strategy and integration
    • Creation and distribution of online video and photography content
    • Licensing and marketing rights for the Pro Sun Lighting System (residential and commercial LED lighting)

Business Modules

  • Offers industry-specific, pre-built websites with:
    • Domain transfer
    • Custom-designed websites
    • Custom logos
    • SEO and social media marketing materials
  • These modules are sold primarily via third-party platforms like Flippa.com, with businesses operated for about ten months before being sold as digital assets (websites/domains).
  • Past sold modules include:
    • CandythatCares.org
    • WildSalsa.com
    • JoyousYoga.com
    • AirlineTraveler.com
    • MakeupQuick.com
    • MuscleTrainers.com
  • Revenue from module sales is primarily from the transfer of digital assets; companies operating these websites are independent buyers.

Licensing Rights & Product

  • Holds licensing rights for Pro Sun LED Lighting System:
    • Non-exclusive worldwide license (except Canada, where it's exclusive)
    • Acquired on October 15, 2021, for $97,000 paid via 9.7 million shares
    • Royalties of $20 per unit sold
    • Designed for use in residential and commercial horticulture, especially cannabis cultivation
  • Market context: Growing cannabis industry with increasing license applications (e.g., 5,687 in second quarter 2024, 21% increase from prior periods)

Revenue and Financials

  • Revenue (2024): $120,498 (primarily from multimedia services: website design and SEO)
  • Revenue (2023): $132,974 (including $30,000 from previous marketing activities and website/SEO services)
  • Net Loss (2024): $57,835
  • Net Loss (2023): $22,999
  • Expenses (2024): $178,333, up from $155,973 in 2023
  • Assets (as of December 31, 2024): $136,352
  • Liabilities (as of December 31, 2024): $182,122
  • Stockholders' Equity (as of December 31, 2024): -$45,770 (deficit)
  • Employees: 1 part-time employee (Varton Berian, CEO, Secretary, Treasurer)

Operations & Market

  • Focuses on small to mid-sized businesses, especially small businesses seeking to establish or improve their online presence
  • Uses digital marketing, SEO, social media, and multimedia content to attract clients
  • Does not currently generate sufficient revenue to cover operating costs; has substantial doubt about continuing as a going concern
  • No public stock listing yet (as of March 14, 2025, not trading on any exchange)
  • No current dividends paid or planned

Additional Details

  • Key Individual: Varton Berian (age 60), serves as CEO and director since inception
  • Ownership: Owns approximately 62% of common stock
  • The company operates under significant financial constraints with minimal revenue streams and ongoing losses, relying on future financing to sustain operations.