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TechCom, Inc.

CIK: 14814432 Annual ReportsLatest: 2025-04-14

10-K / April 14, 2025

Revenue:N/A
Income:-$52,494

10-K / April 15, 2024

Revenue:N/A
Income:-$77,324

10-K / April 14, 2025

Company Summary - Techcom, Inc.

  • Legal and Corporate Status:

    • Organized on August 22, 2000, initially in Nevada; re-domiciled in Delaware on June 30, 2017.
    • Currently a shell company; no active operations or revenue.
    • Classified as a Smaller Reporting Company and a Smaller Reporting Company with Emerging Growth Company status.
  • Business Operations:

    • Current Focus: No ongoing operations or active products or services.
    • Historical Focus: Involved in research and development of broadband technology products in China when it operated through its subsidiary, Beijing Innotrek Technology Co. Ltd.
    • Past Business Interests: Invested in gaming and vending businesses within the entertainment, travel, and leisure industries.
    • Research & Development: None during 2023 or 2024.
  • Employees & Management:

    • As of March 20, 2025, the company has a single officer, Mr. Aziz Ali, who serves as Director, CEO, and CFO.
    • No other employees currently; management depends on officers and directors.
    • In the past, engaged consulting companies owned by previous principals; services ended in November 2023.
  • Current Financial and Market Data:

    • Number of Shares Outstanding: 64,990,254 common shares as of April 11, 2025.
    • Market Value: As of the last business day of the second fiscal quarter (likely June 30, 2024), market value was approximately $938,456.
    • Stock Price Range (2024):
      • Highest: $0.2600 (March 31, 2024), $0.1800 (December 31, 2024)
      • Lowest: $0.1890 (March 31, 2024), $0.0685 (December 31, 2024)
    • Shareholders: 175 holders of common stock.
  • Revenue & Income:

    • Revenue: None reported for 2023 or 2024.
    • Expenses:
      • 2024: $52,494 (mostly legal, compliance, and SEC filing costs)
      • 2023: $77,325 (similar expenses)
    • Net Income (Loss):
      • 2024: Loss of $52,494
      • 2023: Loss of $77,324
    • No dividends paid or declared.
  • Assets & Liabilities:

    • As of December 31, 2024:
      • Total Assets: $1,296 (mainly cash)
      • Total Liabilities: $255,721 (mainly accrued expenses and amounts due to shareholders)
    • Stockholders’ Equity:
      • As of December 31, 2024: -$254,425 (deficit)
      • As of December 31, 2023: -$201,931
  • Future Outlook & Strategy:

    • The company has no current operations and aims to identify a merger target with an operational business.
    • It plans to seek additional capital through equity or debt financing.
    • The shareholder has committed to providing financial support for at least the next 12 months.
  • Other Notable Details:

    • No current product research or development.
    • No significant assets or intellectual property.
    • No current legal proceedings or mine safety disclosures.
    • Board actions include resignations and appointments in March 2025.
    • No off-balance sheet arrangements or securities authorized for issuance under equity plans.

Summary: Techcom, Inc. is a non-operational shell company with no current business activities, revenue, or employees. It has a small cash position and a substantial stockholders’ deficit. Its primary goal is to find a merger or acquisition target to generate future operations and income.