Eventiko Inc. Files 2024 10-K
Ticker: EVTK · Form: 10-K · Filed: Jul 26, 2024 · CIK: 1816554
| Field | Detail |
|---|---|
| Company | Eventiko INC. (EVTK) |
| Form Type | 10-K |
| Filed Date | Jul 26, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.0001, $14,260, $9,936, $0, $11,350 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, amusement-recreation
TL;DR
Eventiko Inc. dropped its 2024 10-K. Check financials for amusement biz.
AI Summary
Eventiko Inc. filed its 10-K for the fiscal year ending April 30, 2024, reporting its financial performance and business operations. The company, primarily involved in miscellaneous amusement and recreation services, is incorporated in Nevada with its principal business address in Atlanta, Georgia. The filing provides detailed financial statements and disclosures for the fiscal year.
Why It Matters
This filing provides investors and stakeholders with a comprehensive overview of Eventiko Inc.'s financial health and strategic direction for the fiscal year ending April 30, 2024.
Risk Assessment
Risk Level: low — The provided text is a standard 10-K filing header and does not contain specific financial performance details or forward-looking statements that would indicate a high risk.
Key Numbers
- 2024-04-30 — Fiscal Year End (Reporting period for the 10-K filing.)
- 2024-07-26 — Filing Date (Date the 10-K was officially filed with the SEC.)
Key Players & Entities
- EVENTIKO INC. (company) — Filer
- 0001816554 (company) — Central Index Key
- 7990 (dollar_amount) — Standard Industrial Classification Code
- 1445 WOODMONT LANE NW, #2639 (company) — Business Address
- ATLANTA (company) — City
- GA (company) — State
- 30318 (company) — ZIP Code
- 404-549-4542 (company) — Business Phone
FAQ
What is Eventiko Inc.'s primary business activity?
Eventiko Inc. is primarily involved in 'SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION' with a Standard Industrial Classification code of 7990.
In which state is Eventiko Inc. incorporated?
Eventiko Inc. is incorporated in Nevada (NV).
What is the business address of Eventiko Inc.?
The business address for Eventiko Inc. is 1445 WOODMONT LANE NW, #2639, ATLANTA, GA 30318.
What is the fiscal year end for Eventiko Inc.?
The fiscal year end for Eventiko Inc. is April 30.
When was Eventiko Inc. previously known by another name?
Eventiko Inc. was formerly known as Eventiko Inc. and the date of the name change was June 30, 2020.
Filing Stats: 4,542 words · 18 min read · ~15 pages · Grade level 13.6 · Accepted 2024-07-26 09:29:18
Key Financial Figures
- $0.0001 — ng as of April 30, 2024 Common Stock: $0.0001 4,192,500 The aggregate market value
- $14,260 — he fiscal year ended April 30, 2024 was $14,260 compared to a net loss of $9,936 during
- $9,936 — 4 was $14,260 compared to a net loss of $9,936 during the fiscal year ended April 30,
- $0 — 30, 2024 we generated total revenue of $0 and in April 30, 2023, we generated tot
- $11,350 — 30, 2023, we generated total revenue of $11,350. The number of shares outstanding was
- $16,530 — f April 30, 2023, our total assets were $16,530 consists of purchased website and cash
- $286 — flows used in operating activities was $286. Cash Flows from Investing Activities
- $18,485 — flows used in investing activities was $18,485. We have not generated positive cash fl
- $11,000 — flows used in investing activities was $11,000. Cash Flows from Financing Activities
- $14,344 — sh provided by financing activities was $14,344 consisting of director loan. OFF-BALAN
Filing Documents
- eventiko_i10k-043024.htm (10-K) — 320KB
- eventiko_ex3101.htm (EX-31.1) — 9KB
- eventiko_ex3102.htm (EX-31.2) — 9KB
- eventiko_ex3201.htm (EX-32.1) — 4KB
- 0001683168-24-005079.txt ( ) — 1838KB
- evtk-20240430.xsd (EX-101.SCH) — 14KB
- evtk-20240430_cal.xml (EX-101.CAL) — 20KB
- evtk-20240430_def.xml (EX-101.DEF) — 25KB
- evtk-20240430_lab.xml (EX-101.LAB) — 165KB
- evtk-20240430_pre.xml (EX-101.PRE) — 129KB
- eventiko_i10k-043024_htm.xml (XML) — 115KB
Risk Factors
Risk Factors 4 ITEM 1B Unresolved Staff comments 4 ITEM 1C Cybersecurity 4 ITEM 2
Properties
Properties 4 ITEM 3
Legal Proceedings
Legal Proceedings 5 ITEM 4 Mine Safety Disclosures 5 PART II ITEM 5 Market for Registrant's Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities 6 ITEM 6 (Reserved) 6 ITEM 7
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 6 ITEM 7A
Quantitative and Qualitative Disclosures about Market Risk
Quantitative and Qualitative Disclosures about Market Risk 8 ITEM 8
Financial Statements and Supplementary Data
Financial Statements and Supplementary Data 8 ITEM 9 Changes In and Disagreements with Accountants on Accounting and Financial Disclosure 8 ITEM 9A
Controls and Procedures
Controls and Procedures 8 ITEM 9B Other Information 10 ITEM 9C Disclosure Regarding foreign Jurisdictions that Prevent Inspections 10 PART III ITEM 10 Directors, Executive Officers, Promoters and Control Persons of the Company 11 ITEM 11
Executive Compensation
Executive Compensation 12 ITEM 12
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 12 ITEM 13 Certain Relationships and Related Transactions 13 ITEM 14 Principal Accountant Fees and Services 13 PART IV ITEM 15 Exhibits 14 ITEM 16 Form 10-K Summary 14 2
FORWARD-LOOKING STATEMENTS
FORWARD-LOOKING STATEMENTS This annual report contains forward-looking statements. These statements relate to future events or our future financial performance. These statements often can be identified by the use of terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events. 3 PART I
Description of Business
Item 1. Description of Business GENERAL INFORMATION ABOUT OUR COMPANY We were incorporated in the State of Nevada on February 19, 2020 (Inception). We maintain our statutory registered agent's office at 3773 Howard Hughes Pkwy – Suite 500s, Las Vegas, NV 89169-6014. Our principal executive offices are located 1445 Woodmont Ln NW, #2639 Atlanta, GA 30318. Our phone number is 404-549-4542. On 6th March 2024, Eventiko Inc (the "Company") announced the beta launch of AiHire, its entry into the online recruitment software space. AiHire's website is located at www.Aihire-company.com. The Company's new management team hopes to leverage on the growing recruitment market and the rising demand for hiring services with the launch of AiHire. With AiHire, prospective recruiters can control the hiring process from a single dashboard. Services such as applicant tracking, jobs and teams, management, interview scheduling, candidate hiring can be accessed. AiHire incorporates Artificial Intelligence technology, and takes advantage of machine learning and natural language processing to assist recruiters in the hiring and onboarding processes. The Company hopes that the launch of AiHire will allow it to gain market share in the growing online recruitment space. OUR SERVICES The Company's new management team hopes to leverage on the growing recruitment market and the rising demand for hiring services with the launch of AiHire. With AiHire, prospective recruiters can control the hiring process from a single dashboard. Services such as applicant tracking, jobs and teams, management, interview scheduling, candidate hiring can be accessed. AiHire incorporates Artificial Intelligence technology and takes advantage of machine learning and natural language processing to assist recruiters in the hiring and onboarding processes. EMPLOYEES We have no employees other than our sole officer and director, Yap Chin Liang. GOVERNMENT REGULATIONS IN THAILAND We will be subject to applic
A. Risk Factors
Item 1.A. Risk Factors. Not required for Smaller reporting companies.
B. Unresolved Staff Comments
Item 1.B. Unresolved Staff Comments. Not required for Smaller reporting companies.
C. Cybersecurity
Item 1.C. Cybersecurity None
Properties
Item 2. Properties. Currently we do not own any property. We maintain our statutory registered agent's office at 3773 Howard Hughes Pkwy – Suite 500s, Las Vegas, NV 89169-6014. Our principal place of business is located 1445 Woodmont Ln NW, #2639 Atlanta, GA 30318; which is provided to us on a rent-free basis by our sole officer and director. Our phone number is 404-549-4542. 4
Legal Proceedings
Item 3. Legal Proceedings. We are not currently a party to any legal proceedings, and we are not aware of any pending or potential legal actions.
Mine Safety Disclosures
Item 4. Mine Safety Disclosures. Not Applicable. 5 PART II
Market for Registrant's Common
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities. The company stock is not trading at the moment. Registered Holders of our Common Stock As of April 30, 2024, there were approximately 35 record owners of our common stock. Dividends The Company has never declared or paid cash dividends on its common stock and does not anticipate paying cash dividends in the foreseeable future. Recent Sales of Unregistered Securities During our fiscal years ended April 30, 2024 and 2023, we had no sales of unregistered shares. Issuer Purchases of Equity Securities During the fiscal year ended April 30, 2024, and 2024 the Company did not repurchase any shares of its Common Stock. Stock Transfer Agent Our stock transfer agent is George Johnson, Securities Stock Transfer, 2901 Dallas Parkway #380, Plano, TX 75093, 469.633.0101 www.stctransfer.com
Management's Discussion and Analysis
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations We are a development stage corporation with limited operations and revenues from our business operations. Our auditors have issued a going concern opinion. This means that our auditors believe there is substantial doubt that we can continue as an on-going business for the next twelve months. We do not anticipate that we will generate significant revenues until we have raised the funds necessary to conduct a marketing program. There is no assurance we will ever generate significant revenue even if we raised all necessary funds. 6 PLAN OF OPERATION FISCAL YEAR ENDED APRIL 30, 2024 COMPARED TO FISCAL YEAR ENDED APRIL 30, 2023. Our net loss for the fiscal year ended April 30, 2024 was $14,260 compared to a net loss of $9,936 during the fiscal year ended April 30, 2023. In April 30, 2024 we generated total revenue of $0 and in April 30, 2023, we generated total revenue of $11,350. The number of shares outstanding was 4,192,500 for the fiscal year ended April 30, 2024 and for the fiscal year ended April 30, 2023. LIQUIDITY AND CAPITAL RESOURCES FISCAL YEAR ENDED April 30, 2024 and 2023 As of April 30, 2024, our total assets were $NIL due to the change of control. As of April 30, 2023, our total assets were $16,530 consists of purchased website and cash generated from revenue. Cash Flows from Operating Activities We generated a negative cash flow from operating activities for the fiscal year ending April 30, 2024, net cash flow was ($14,260) We have generated positive cash flows from operating activities for the fiscal year ended April 30, 2023, net cash flows used in operating activities was $286. Cash Flows from Investing Activities We have not generated positive cash flows from investing activities for the fiscal year ended April 30, 2024, net cash flows used in investing activities was $18,485. We have not generated positive cash flows from investing activit
Quantitative and Qualitative Disclosures about Market Risk
Item 7A. Quantitative and Qualitative Disclosures about Market Risk Not applicable to smaller reporting companies.
Financial Statements and Supplementary Data
Item 8. Financial Statements and Supplementary Data The Company's Financial Statements required by Item 8, together with the reports thereon of the Independent Registered Public Accounting Firm are set forth on pages F-1 through F-9 of this report and are incorporated by reference in this Item 8.
Changes in and Disagreements with Accounting
Item 9. Changes in and Disagreements with Accounting and Financial Disclosures. None.
Controls and Procedures
Item 9A. Controls and Procedures. Disclosure Controls and Procedures Disclosure controls and procedures are designed to ensure that information required to be disclosed in the reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported, within the time period specified in the SEC's rules and forms, and that such information is accumulated and communicated to management, including the CEO and CFO, as appropriate, to allow timely decisions regarding required disclosures. Our management necessarily applied its judgment in assessing the costs and benefits of such controls and procedures, which, by their nature, can provide only reasonable assurance regarding management's control objectives. Our management, with the participation of our CEO, evaluated the effectiveness of the design and operation of our disclosure controls and procedures as of the end of the period covered by this Report. Based upon this evaluation, our CEO concluded that our disclosure controls and procedures were not effective because of the identification of a material weakness in our internal control over financial reporting which is described below. Management's Report on Internal Control Over Financial Reporting Our management is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Exchange Rule 13a-15(f). Our internal control over financial reporting is a process designed to provide reasonable assurance to our management and board of directors regarding the reliability of financial reporting and the preparation of the financial statements for external purposes in accordance with U.S. GAAP. 8 Our internal control over financial reporting includes those policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of our assets; (ii) provide reasonable assurance that transactions ar
Other Information
Item 9B. Other Information. During the quarter ended April 30, 2024, no director or officer of the Company adopted or terminated a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement," as each term is defined in Item 408(a) of Regulation S-K.
Disclosures Regarding Foreign Jurisdictions
Item 9C. Disclosures Regarding Foreign Jurisdictions that Prevent Inspections. Not Applicable. 10 PART III
Directors, Executive Officers, and
Item 10. Directors, Executive Officers, and Corporate Governance. The board of directors elects our executive officers annually. A majority vote of the directors who are in office is required to fill vacancies. Each director is elected for the term of one year, and until his or her successor is elected and qualified, or until his earlier resignation or removal. The name, address, age and position of our officers and directors are as follows: Name and Address of Executive Officer and/or Director Age Position Yap Chin Liang 1445 Woodmont Ln NW, #2639 Atlanta, GA 30318 46 President, Secretary, Treasurer and Director Thaw Tran 1445 Woodmont Ln NW, #2639 Atlanta, GA 30318 38 Director Eduardo A Lopez 1445 Woodmont Ln NW, #2639 Atlanta, GA 30318 39 Director The person named above has held his offices/positions since March 4, 2024 of our Company and is expected to hold said offices/positions until the next annual meeting of our stockholders. Resume Chief Executive Officer and Director – Yap Chin Liang Mr. Yap, 46 years old, most recently served as Operations Director at Suria Software Ltd before leaving in 2020 to open his own consulting firm. Mr Yap obtained his Bachelor's degree in Business Studies from Darul Terengganu Universiti. Director – Thaw Tran Mr. Tran, 38 years old, will serve as a member of the Company's Board of Directors. Mr Tran is a senior full-stack engineer at Australian car-sharing application UberCarShare.com. Prior to working at UberCarShare.com, Mr Tran was employed as senior full-stack engineer at SaaS company Designfiles and freelance development portal Glolent. Mr Tran is also the sole founder of digital marketing tool Tagon, and has extensive experience with database technologies MySQL, PostgreSQL and MongoDB, as well as multiple current programming languages including Python. Mr Tran was educated at the Hanoi University of Technology. Director – Eduardo A Lopez Mr. Lopez, 39 years old, will serve as a member of
Executive Compensation
Item 11. Executive Compensation. The table below summarizes the total compensation earned by each of our named executive Officers ("NEOs") for each of the fiscal years listed. SUMMARY COMPENSATION TABLE Name Position Year Salary ($) Bonus ($) Stock Awards ($) Option Awards ($) Non-Equity Incentive Plan Compensation ($) All Other Compensation Total Compensation ($) Yap Chin Ling(2) CEO 2024 -0- -0- -0- -0- -0- -0- -0- Miklos Pal Auer (1) Treas., Sec. 2023 -0- -0- -0- -0- -0- -0- -0- (1) Mr. Miklos Pal Auer was elected as an officer and director on February 19, 2020 and his election became effective on February 19, 2020. Since Inception on February 19, 2020, Miklos Pal Auer only member of our Board of Director was not compensated for his services. (2) Mr. Yap Chin Ling was elected as an officer and director on March 4, 2024 and his election became effective on March 4, 2024. Since March 4, 2024, Yap Chin Ling only member of our Board of Director was not compensated for his services.
Security Ownership of Certain Beneficial
Item 12. Security Ownership of Certain Beneficial
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT Directors and Executive Officers The following table sets forth the beneficial (ii) the current NEOs named in the "Summary Compensation Table" contained in this Form 10-K and (iii) all current directors and executive officers as a group. Except as otherwise indicated, we believe that the beneficial owners of the common stock listed below, based on information provided by such owners, have sole investment and voting power with respect to such shares, subject to community property laws where applicable. Persons, who have the power to vote or dispose of common stock of the Company, either alone or jointly with others, are deemed to be beneficial owners of such common stock. Yap Chin Liang, President, CEO, Treasurer, Secretary and Chairman of the Board. 3,000,000 shares Certain Stockholders The following table sets forth certain information with respect to each person known by us to be the beneficial owner of five percent or more of either class of the Company's outstanding common stock. The content of this table is based upon the most current information contained in Schedules 13D or 13G filings with the SEC, unless more recent information was obtained. Yap Chin Liang, President, CEO, Treasurer, Secretary and Chairman of the Board. 72% 12
Certain Relationships and Related Transactions, and Director
Item 13. Certain Relationships and Related Transactions, and Director Independence. CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS On February 21, 2020, we offered and sold 3,000,000 share