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FinTrade Sherpa, Inc.

UNKNOWN:FTSP
No current share price held for this company.
No price history held for this listing yet.
Market cap
—
Shares on issue
—
Story beats
13 since 2011
Last event
14 Apr 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

26 Jan 2026capital raising announcement● NeutralMajor

The company (now FinTrade Sherpa, Inc.) says it actually issued the 227,000,000 shares for the February 2025 software asset purchase on Jan 23, 2026, with 351,054,600 shares outstanding afterward. Lonnie Humphries, spouse of sole officer and director Mark Walmesley, is shown holding 29.01%. A press release says the first software development phase is mostly complete and beta testing is next; this is management's statement, not a result, and no revenue is reported.

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7 Apr 2015capital raising announcement● Neutral

The company settled $57,450 of debts to creditors by issuing 1,149,000 shares at $0.05 each. This pays debt with stock rather than cash and adds shares to the count.

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2 Oct 2013capital raising announcement● Neutral

The company ended its letter of intent with SignalChem Lifesciences Corporation (announced July 18, 2012). It also closed a second private placement tranche of 1,407,500 shares at $0.20 for $259,750, bringing the total to 1,705,000 shares and $319,250. The filing does not mention the earlier Cormack deal.

What it means for a shareholder

1.4m new shares at $0.200 to raise about $259,750. That's 12% dilution: every existing holder's slice gets 12% smaller. If you held $1,000 of shares (5,000 at the issue price), your slice goes from 0.0505% to 0.0442% of the company. To keep it you'd need 711 more shares - about $142 at the issue price.

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28 June 2011capital raising announcement● Neutral

The company borrowed US$75,000 from an offshore lender for 45 days at 10% per year, and agreed to issue the lender 250,000 shares plus register their resale. The money is meant for acquisitions and working capital; this matches the $75,000 deposit called for in the Cormack letter of intent (inference: it funds that deposit).

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