Past year: ▼ 90%(0.05c – 0.90c USD)
Each one in plain English, with the numbers worked through for a shareholder.
2 Sept 2021registration revoked▼ BadMajor
The SEC revoked Alphacom Holdings' securities registration effective September 2, 2021, for failure to file periodic reports - ending the Company's public reporting life without ever filing the FY2019 10-K flagged as late two years earlier.
1 Mar 2021director officer appointment● NeutralMajor
Yet another change of control: Marc&Hem Publicidad S.A. de C.V., a Mexican company based in Torreón, Coahuila, bought out Kraus, Silver and Martin's entire stake - 36,000,000 common shares (55%) plus all 7,500,000 Series A Preferred shares (100%) - for $60,000 total.
2 July 2019late filing notice▼ Bad
ALPHACOM HOLDINGS INC notified the SEC that its annual report would be filed late.
2 May 2019other material event● Neutral
The new Hong Kong-based management formed a wholly-owned subsidiary, inQbate Labs (HK) Limited, describing a business plan to develop new technologies through partner labs in the Philippines and the US and license them to industry distributors under a "four-year rollout plan" - and declared the Company no longer a shell as a result. No products, licensees or revenue existed yet.
25 Apr 2019director officer appointment● NeutralMajor
Another change of control: Mark Kraus, Scott Silver and George Albert Martin (all based in Hong Kong) were issued a combined 36,000,000 new shares (55% of the company) to take over as CEO/director, Secretary/director, and CFO/Treasurer/director respectively and "move the Company forward in a new direction."
18 Apr 2019auditor change● Neutral
Alphacom dismissed auditor PLS CPA (its auditor since inception) and engaged Sadler, Gibb & Associates, LLC effective April 15, 2019; both firms confirmed no accounting disagreements.
10 Apr 2019bylaws amendment● Neutral
MITU Resources Inc. renamed itself Alphacom Holdings, Inc. (effective March 22, 2019, via a short-form merger with a wholly-owned subsidiary) and its board approved a 1-for-100 reverse stock split.
18 Mar 2019quarterly activities report● Neutral
A month after already reporting this same Dec 31, 2018 quarter (net loss $7,570 for the quarter, $26,360 for the nine months - materially consistent with the prior filing), MITU re-filed an essentially identical 10-Q, now listing a new registered address in Puerto Plata, Dominican Republic - an early sign of the ownership change that culminated three weeks later in the Alphacom rename.
19 Feb 2019quarterly activities report▼ Bad
ALPHACOM HOLDINGS INC reported quarterly revenue of $0 and a net loss of $8 thousand for the period ended 2018-12-31.
19 Sept 2018quarterly activities report▼ Bad
Q1 FY2019 (period ended June 30, 2018): net loss of $10,204 (versus $8,613 a year earlier) on no revenue; accumulated deficit reached $197,755 in the first full quarter after the HeadWind wind-turbine license collapsed.
16 July 2018annual report▼ BadMajor
FY2018 (still no revenue, net loss $53,386): MITU disclosed that it could not meet the HeadWind license's payment terms, and in May 2018 the two sides signed a mutual Release and Settlement Agreement unwinding the license entirely and releasing all claims - the wind-turbine venture ended within three months of being announced, and the company was again "actively pursuing alternative business opportunities."
17 Apr 2018material agreement● Neutral
MITU and HeadWind amended the February 2018 license agreement's payment schedule for the $400,000 fee - $50,000 due within 3 days of the amendment and a further $50,000 within 10 days.
14 Feb 2018quarterly activities report▼ Bad
ALPHACOM HOLDINGS INC reported quarterly revenue of $0 and a net loss of $5 thousand for the period ended 2017-12-31.
12 Feb 2018business combination● Neutral
A corrected refiling of the February 9 report with identical content, made because the original had inadvertently been submitted as an amended Form 8-K instead of a plain one.
9 Feb 2018business combination● NeutralMajor
MITU's original owners sold control: Simeon Leonardo Reyes Francisco bought 15,000,000 shares (about 50%) from founders Juan Perez and Nelson Rincon. The same day, MITU signed an Exclusive License and Distribution Agreement with HeadWind Technologies Ltd. for the intellectual property behind "Wind Shark," a self-starting vertical-axis wind turbine, for a $400,000 licensing fee (paid in tranches) plus a 3% royalty on sales - ending MITU's shell-company status. (This filing was mistakenly submitted as an amended 8-K rather than an original one; a corrected refiling with identical content followed three days later.)
14 Nov 2017quarterly activities report▼ Bad
ALPHACOM HOLDINGS INC reported quarterly revenue of $0 and a net loss of $13 thousand for the period ended 2017-09-30.
4 Aug 2017quarterly activities report▼ Bad
ALPHACOM HOLDINGS INC reported quarterly revenue of $0 and a net loss of $9 thousand for the period ended 2017-06-30.
29 June 2017annual report▼ Bad
FY2017: net loss widened further to $48,501, still on no revenue and still flagged for going-concern doubt.
9 Feb 2017quarterly activities report▼ Bad
ALPHACOM HOLDINGS INC reported quarterly revenue of $0 and a net loss of $5 thousand for the period ended 2016-12-31.
25 Oct 2016quarterly activities report▼ Bad
ALPHACOM HOLDINGS INC reported quarterly revenue of $0 and a net loss of $9 thousand for the period ended 2016-09-30.
16 Aug 2016quarterly activities report▼ Bad
ALPHACOM HOLDINGS INC reported quarterly revenue of $0 and a net loss of $30 thousand for the period ended 2016-06-30.
15 Aug 2016late filing notice▼ Bad
ALPHACOM HOLDINGS INC notified the SEC that its quarterly report would be filed late.
29 June 2016annual report▼ Bad
FY2016: net loss widened to $40,953, which included a $5,000 impairment write-off of the MITU Gold Claim itself - the company's only asset - alongside continuing going-concern doubt and no revenue. Accumulated deficit reached $85,664.
2 Mar 2016quarterly activities report● Neutral
Technical amendment to the Dec 31, 2015 10-Q filed solely to attach the XBRL data (Exhibit 101); no change to the previously reported financial results.
23 Feb 2016quarterly activities report▼ Bad
ALPHACOM HOLDINGS INC reported quarterly revenue of $0 and a net loss of $7 thousand for the period ended 2015-12-31.
16 Nov 2015quarterly activities report▼ Bad
ALPHACOM HOLDINGS INC reported quarterly revenue of $0 and a net loss of $9 thousand for the period ended 2015-09-30.
14 Aug 2015quarterly activities report▼ Bad
ALPHACOM HOLDINGS INC reported quarterly revenue of $0 and a net loss of $14 thousand for the period ended 2015-06-30.
14 July 2015annual report▼ Bad
FY2015 (year ended March 31, 2015): net loss of $31,472 on no revenue, cash of $6,184, and a going-concern qualification from the auditor - the gold claim remained unexplored for lack of funds.
14 Apr 2015quarterly activities report▼ Bad
Q3 FY2015 (period ended Dec 31, 2014): net loss of $6,547 for the quarter and $25,577 for the nine months (versus just $739 for the same nine months a year earlier), as MITU's routine filing and admin costs kept outpacing its non-existent revenue.
19 Nov 2014quarterly activities report▼ Bad
ALPHACOM HOLDINGS INC reported quarterly revenue of $0 and a net loss of $12 thousand for the period ended 2014-09-30.
