31 July 2026quarterly activities report▼ Bad
FUSE GROUP HOLDING INC. reported quarterly revenue of $0 and a net loss of $24 thousand for the period ended 2026-06-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
13 May 2026quarterly activities report▼ Bad
FUSE GROUP HOLDING INC. reported quarterly revenue of $0 and a net loss of $58 thousand for the period ended 2026-03-31.
12 Feb 2026quarterly activities report▼ Bad
FUSE GROUP HOLDING INC. reported quarterly revenue of $8 thousand and a net loss of $32 thousand for the period ended 2025-12-31.
30 Jan 2026debt financing▼ BadMajor
Fuse Group raised $275,000 from three Chinese individual investors through convertible notes at 5% interest - a higher rate than its prior notes - convertible at just $0.07/share, a steep drop from the $0.33-$0.45 conversion prices used in 2022-2025 and a sign of continued share-price deterioration and heavier dilution per dollar raised.
27 Aug 2025auditor change▼ Bad
Fuse Group dismissed auditor KCCW Accountancy Corp after about a year; its report had again carried a going-concern qualification and the same recurring internal-control material weaknesses persisted - the company's sixth auditor change since 2017.
14 Aug 2025quarterly activities report▼ Bad
FUSE GROUP HOLDING INC. reported quarterly revenue of $26 thousand and a net loss of $73 thousand for the period ended 2025-06-30.
14 May 2025quarterly activities report▼ Bad
FUSE GROUP HOLDING INC. reported quarterly revenue of $0 and a net loss of $81 thousand for the period ended 2025-03-31.
2 May 2025debt financing● Neutral
Fuse Group sold Chen Fei Li another $30,000 convertible note on the same terms, continuing the same small drip-feed financing pattern with a new individual lender.
10 Apr 2025debt financing▼ Bad
With Liu Marketing's financing fully converted, Fuse Group found a new small lender - Chinese individual investor Chen Fei Li, who bought a $40,000 convertible note at 3% interest. The conversion price of $0.33/share is well below the $0.45 Liu Marketing had converted at, reflecting a lower share price.
14 Feb 2025quarterly activities report▼ Bad
FUSE GROUP HOLDING INC. reported quarterly revenue of $20 thousand and a net loss of $50 thousand for the period ended 2024-12-31.
14 Aug 2024quarterly activities report● Neutral
FUSE GROUP HOLDING INC. reported quarterly revenue of $82 thousand and net income of $17 thousand for the period ended 2024-06-30.
16 May 2024capital raising announcement▲ Good
Liu Marketing converted its one remaining outstanding note ($51,319 including interest) into 114,043 shares, fully winding down the Liu Marketing note-financing relationship into equity.
3 May 2024quarterly activities report▼ Bad
FUSE GROUP HOLDING INC. reported quarterly revenue of $100 thousand and a net loss of $17 thousand for the period ended 2024-03-31.
6 Feb 2024quarterly activities report▼ Bad
FUSE GROUP HOLDING INC. reported quarterly revenue of $20 thousand and a net loss of $63 thousand for the period ended 2023-12-31.
15 Dec 2023material agreement▲ GoodMajor
Fuse Group signed a one-year, $10,000-per-month consulting agreement with Beijing Jixiang Fengqi Tech Company Limited to provide North American market research, competitive analysis and business development advisory services - a genuine new revenue stream, unusual for a company that had mostly survived on financing rather than operations.
11 Aug 2023quarterly activities report▼ Bad
FUSE GROUP HOLDING INC. reported quarterly revenue of $0 and a net loss of $106 thousand for the period ended 2023-06-30.
6 July 2023capital raising announcement▲ GoodMajor
Fuse Group sold Liu Marketing one more $50,000 note, then Liu Marketing elected to convert its entire accumulated position - twelve notes issued between February 2022 and May 2023, totaling $716,767 in principal and interest - into 1,592,816 shares at $0.45/share, wiping out roughly a year and a half of accumulated debt and making Liu Marketing a substantial shareholder.
30 May 2023debt financing● Neutral
Fuse Group sold Liu Marketing another $50,000 convertible note on the same terms.
12 May 2023quarterly activities report▼ Bad
FUSE GROUP HOLDING INC. reported quarterly revenue of $0 and a net loss of $138 thousand for the period ended 2023-03-31.
13 Apr 2023debt financing● Neutral
Fuse Group sold Liu Marketing two more $50,000 convertible notes (February and April 2023), continuing the same pattern of small recurring financings.
14 Feb 2023quarterly activities report▼ Bad
FUSE GROUP HOLDING INC. reported quarterly revenue of $0 and a net loss of $122 thousand for the period ended 2022-12-31.
3 Feb 2023debt financing● Neutral
Fuse Group sold Liu Marketing another $50,000 convertible note on the same terms.
14 Nov 2022debt financing● Neutral
Fuse Group sold Liu Marketing two more $50,000 convertible notes (October and November 2022), continuing the same drip-feed financing pattern.
24 Aug 2022debt financing● Neutral
Fuse Group sold Liu Marketing another $50,000 convertible note on the same 3%/$0.45-per-share terms.
12 Aug 2022quarterly activities report▼ Bad
FUSE GROUP HOLDING INC. reported quarterly revenue of $0 and a net loss of $130 thousand for the period ended 2022-06-30.
12 May 2022quarterly activities report▼ Bad
FUSE GROUP HOLDING INC. reported quarterly revenue of $0 and a net loss of $207 thousand for the period ended 2022-03-31.
7 Apr 2022auditor change▼ Bad
Fuse Group dismissed auditor Paris, Kreit & Chiu after about a year; the firm's report had again carried a going-concern qualification and the same recurring internal-control weaknesses were noted.
24 Mar 2022debt financing● Neutral
Fuse Group sold another $100,000 convertible note to Liu Marketing on the same terms, continuing the drip-feed financing relationship.
18 Feb 2022debt financing● Neutral
Fuse Group began a new financing relationship, selling a $100,000 convertible note (3% interest, convertible at $0.45/share) to Malaysia's Liu Marketing (M) Sdn. Bhd. - the first of what would become a long-running series of small notes from the same lender.
14 Feb 2022quarterly activities report● Neutral
FUSE GROUP HOLDING INC. reported quarterly revenue of $200 thousand and net income of $6 thousand for the period ended 2021-12-31.