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Sound Cave Technology Inc.

CIK: 19125402 Annual ReportsLatest: 2025-04-11

10-K / April 11, 2025

Revenue:N/A
Income:-$48,894

10-K / October 3, 2024

Revenue:N/A
Income:-$15,548

10-K / April 11, 2025

Company Summary - Sound Cave Technology Inc.

Business Overview

  • Type of Business: Development stage company focused on smart textiles, specifically innovative wearable technology integrated into clothing.
  • Primary Product: The Sound Cave Hoodie, a unisex, ageless hoodie with embedded sound technology.
  • Product Features:
    • Bluetooth speakers embedded in the hoodie’s hood.
    • Compatibility with Bluetooth mobile devices.
    • Capabilities include answering calls, controlling music (pause/unpause), shutdown when inactive, wireless recharging, and multi-user connection.
    • Waterproof electronic components capable of being washed and dried.

Company Formation & Operations

  • Incorporation Date: May 19, 2021, under Wyoming laws.
  • Current Activity: In development/stage; has not generated any revenue from operations.
  • Past Activities: Limited to organizational activities:
    • Formation of the company
    • Developing the business plan
    • Opening a bank account

Financial and Ownership Details

  • Funding:
    • Received $5,700 through a private placement of common shares at $0.05 per share.
    • Issued 10 million shares to founder Christopher Campbell for services at $0.001 per share.
  • Ownership:
    • Christopher Campbell serves as President, CEO, CFO, Secretary, Treasurer, and sole board member.
  • Revenue & Income:
    • No revenues or income; company has incurred losses since inception.
  • Employees:
    • None; managed solely by the officer/director.
  • Legal & Bankruptcy:
    • No legal proceedings.
    • No history of bankruptcy or receivership.
  • Assets:
    • No significant purchases or sales of assets since incorporation.

Future Plans

  • Funding Needs: Minimum of $380,000 over the next 12 months for product development, marketing, and manufacturing.
  • Additional Funding: May require at least $16,000 for legal, accounting, and SEC reporting costs if no revenue is generated.
  • Operations: Focused on product development and market entry for the innovative hoodie with embedded sound technology.

Notable Details

  • Location: Office space in the founder’s home in Toronto, Ontario, Canada.
  • Regulations & Legal Status: No current regulatory hurdles or patents; no insurance maintained.