MISTRAL VENTURES INC

An 11-years-late catch-up filing (part of the 2019 push to become compliant again): retroactively discloses that by June 30, 2008 the company had zero total assets and a net loss of $208,523 for the six months, with a $172,255 working capital deficit -- the last piece of the financial picture before Mistral deregistered that August.

quarterly activities report

Eleven years after going dark, Mistral Ventures resurfaced under a new Liverpool, New York address, replacing non-PCAOB-registered auditor James Stafford Chartered Accountants with Boyle CPA for fiscal years 2008 through the then-current year - an attempt to become a compliant SEC filer again after over a decade with no audited financials.

auditor change

Mistral deregistered its stock entirely, reporting 65 holders of record, about three weeks after its CEO transition.

listing compliance notice

Sole director and CEO John Xinos resigned; CFO Kent Carasquero, in that role since March 2007, became CEO - though the filing itself, in an apparent copy-paste error, names 'Trustcash Holdings, Inc.' rather than Mistral as the company involved.

director officer appointment

First-quarter 2008 results confirm the damage from the collapsed CypherEdge deal already disclosed in April's 10-K: a $24,308 loan writedown pushed the cumulative net loss since inception to $1,115,057, though working capital turned slightly positive ($15,443, from a $15,732 deficit at year-end) as the Trustcash/Paivis financing arrangement began advancing funds.

quarterly activities report

The delayed FY2007 10-K disclosed that the CypherEdge acquisition had collapsed and the $975,000 loan was in default (with lawyers pursuing collection), that Mistral had given up its Gold Bug mineral claim back in January 2007 in exchange for debt forgiveness, and that the company had instead committed up to $2-7 million to help finance a merger between Trustcash Holdings and Paivis Corp.; working capital swung from a $68,466 surplus to a $15,732 deficit over the year.

annual report

Cash surged to $499,530 and a new $502,171 loan receivable appeared on the balance sheet -- the CypherEdge bridge loan disclosed days earlier -- lifting working capital to $981,043, even as the nine-month 2007 net loss grew to $95,457 (from $31,715 a year earlier).

quarterly activities report

Mistral agreed to acquire all of CypherEdge Technologies, a wireless-network-services company, for 83 million newly issued shares, and advanced CypherEdge a $975,000 bridge loan at 10% interest ahead of closing - a deal that would fall through by year-end, leaving the loan in default.

business combination