Hoops Scouting USA, Inc.

Overview

• Wyoming corporation, incorporated October 31, 2016.
• Operates a basketball scouting website for high school players pursuing post‑secondary basketball.
• Main online presence: www.hoopsscoutingusa.com. A companion mobile app is in development to work alongside the website.
• Development stage; no revenues realized to date.

Corporate structure and history

• Officer and director: Jamie Oei serves as President, CEO, CFO, Secretary, Treasurer and sole director.
• Officer/director resides in Canada; company assets are located in the United States.
• Initial and subsequent funding:
  • Initial funding of $50 from the officer/director (500,000 shares before split at $0.0001 per share).
  • 2021: $32,000 in share subscriptions for a private placement at $0.10 per share.
  • 2022: $3,000 in share subscriptions for a private placement at $0.10 per share.
  • 2021-10-15: Issuance of 26,250,000 common shares (350,000 before split) at $0.10 per share; private placement proceeds of $35,000 (received as of 2021-09-30).
• Asset Purchase Agreement with Grit Performance Athletics Inc. executed February 17, 2023, to acquire the Grit Mobile App and related assets.

Products and services

• Hoops Scouting USA website:
  • Player accounts to showcase game film, schedules (high school and AAU), statistics, and academic marks.
  • Enables coaches to evaluate players and plan recruiting across U.S. colleges (Divisions I–III, NAIA, junior colleges) and international programs.
  • Facilitates rapid sharing of stats and schedules between players and coaches to expand exposure beyond top‑tier ranks.
• Grit App (acquired February 17, 2023):
  • On‑demand digital training platform for on‑ and off‑court training designed for independent athlete use.
  • Features a library of 1,000+ drills, high‑resolution videos, performance tracking, coaching access, live Q&A, film breakdown, and digital mentorship.
  • Current customer base: approximately 3,500 users.
  • Planned revenue streams:
    • Player memberships (full and partial tiers with varying video upload allowances).
    • Coaching memberships for coach access and outreach.
    • Sponsorships and advertising on videos, website, and app with advertiser engagement data.
    • Merchandise (sweaters, jerseys, shorts).
  • Integration: Grit App will operate in parallel with Hoops Scouting USA and may be marketed to the platform’s users, including potential bundled packages and revenue‑sharing arrangements with coaches and players.

Market, marketing, and competitive landscape

• Marketing channels: website, search engine optimization, social media, printed materials, word‑of‑mouth, telemarketing, content marketing, and paid advertising.
• Advertising approach for Grit App: engage NBA/NCAA players and prominent trainers to promote the app, with revenue‑sharing arrangements to incentivize promotion.
• Competition includes established training providers such as Pure Sweat Training (Drew Hanlen); management expects a competitive market and will prioritize targeted promotion and partnerships.
• Growth strategy: cross‑promotion between Hoops Scouting USA and Grit App, joint advertising, and cross‑market packages.

Customers

• Grit App: approximately 3,500 customers.

Operations, employees, and location

• No employees; operations are managed by the sole officer/director.
• Principal office: 63 Rocio Court, Palm Desert, CA 92260.
• Facilities are located in the officer/director’s home; the company does not own real estate or maintain a separate physical office.

Intellectual property and regulation

• No owned patents or registered trademarks; the company intends to protect the website content via copyright. Aside from the trade name, no other IP holdings are reported.
• No specific government approvals are required at present; the company intends to comply with applicable rules and regulations as it expands.
• No insurance maintained as of the date of the report.

Legal and financial status

• No legal proceedings or bankruptcy history reported.
• No revenue to date; no earnings reported.

Assets and key transactions

• Asset Purchase Agreement (February 17, 2023): acquisition of the Grit App and related assets valued at $100,000, paid via issuance of 37,500,000 restricted common shares to Grit Performance Athletics Inc. (500,000 shares before split).
• The company has engaged in private placements and issued shares to raise capital.

Summary

Hoops Scouting USA, Inc. operates a scouting website for high school basketball players and acquired the Grit App to add a digital training product. The business is in development, led and operated by a sole officer/director, and has not yet generated revenue. The Grit App adds a training library, coaching features, and an existing customer base of about 3,500 users. Planned revenue channels include memberships, coaching subscriptions, sponsorships, and merchandise, with cross‑promotion between the two products forming a central part of the go‑to‑market strategy.