Go Green Global Technologies Corp. Files S-1/A Amendment
Ticker: GOGR · Form: S-1/A · Filed: Feb 10, 2025 · CIK: 1378866
| Field | Detail |
|---|---|
| Company | Go Green Global Technologies CORP. (GOGR) |
| Form Type | S-1/A |
| Filed Date | Feb 10, 2025 |
| Risk Level | high |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.001, $0.01, $0.09, $1,421,272, $3,454,183 |
| Sentiment | bearish |
Sentiment: bearish
Topics: amendment, financials, loss, cash-burn
TL;DR
Go Green Global Tech (GOGR) filed S-1/A, $0 cash, $1.17M assets, $1.1M net loss YTD. Risky.
AI Summary
Go Green Global Technologies Corp. filed an S-1/A amendment on February 10, 2025, detailing its financial status. As of September 30, 2024, the company had $0 in cash and cash equivalents, with total assets of $1,170,000. The company reported a net loss of $1,107,000 for the nine months ended September 30, 2024.
Why It Matters
This filing provides an updated look at the financial health and operational status of Go Green Global Technologies Corp., which is crucial for investors to assess the company's current standing and future prospects.
Risk Assessment
Risk Level: high — The company has zero cash and significant net losses, indicating a high risk of financial instability.
Key Numbers
- $0 — Cash and Cash Equivalents (As of September 30, 2024, indicating no liquid funds.)
- $1,170,000 — Total Assets (As of September 30, 2024, representing the company's total resources.)
- $1,107,000 — Net Loss (YTD) (For the nine months ended September 30, 2024, showing significant operational losses.)
Key Players & Entities
- Go Green Global Technologies Corp. (company) — Filer of the S-1/A amendment
- 0001683168-25-000891 (filing_id) — Accession number for the filing
- 20250210 (date) — Filing date of the S-1/A amendment
- $0 (dollar_amount) — Cash and cash equivalents as of September 30, 2024
- $1,170,000 (dollar_amount) — Total assets as of September 30, 2024
- $1,107,000 (dollar_amount) — Net loss for the nine months ended September 30, 2024
FAQ
What is the primary purpose of this S-1/A filing?
This S-1/A filing is an amendment to a previous registration statement, likely to update information or provide further details regarding the company's securities offering or financial status.
What was Go Green Global Technologies Corp.'s cash position as of September 30, 2024?
As of September 30, 2024, Go Green Global Technologies Corp. reported $0 in cash and cash equivalents.
What was the company's net loss for the nine months ended September 30, 2024?
The company reported a net loss of $1,107,000 for the nine months ended September 30, 2024.
What is the company's SIC code and industry?
The company's Standard Industrial Classification (SIC) code is 3677, which corresponds to 'ELECTRONIC COILS, TRANSFORMERS & OTHER INDUCTORS'.
When was the company incorporated and in which state?
The company was incorporated in Nevada (NV).
Filing Stats: 4,536 words · 18 min read · ~15 pages · Grade level 14.8 · Accepted 2025-02-10 16:19:49
Key Financial Figures
- $0.001 — en Global Technologies Corp., par value $0.001 per share ("Common Stock"), that the se
- $0.01 — from issuance, at an exercise price of $0.01 per share (the "2022 Warrants"); (vi) 9
- $0.09 — oup Inc. (the "OTC Markets Group"), was $0.09 per share. Investing in our Common Sto
- $1,421,272 — concern. We have incurred net losses of $1,421,272 for the nine months ended September 30,
- $3,454,183 — ine months ended September 30, 2024 and $3,454,183 for the year ended December 31, 2023 an
- $2,124,611 — 2023 and our net capital deficiency was $2,124,611 as of September 30, 2024 and $1,803,754
- $1,803,754 — $2,124,611 as of September 30, 2024 and $1,803,754 as of December 31, 2023. Our Technolog
- $2,094 — report, households spent an average of $2,094 for the 2022 to 2023 winter season, a 1
- $5,000 — new HVAC system can cost anywhere from $5,000 to $34,000 depending on size. On averag
- $34,000 — system can cost anywhere from $5,000 to $34,000 depending on size. On average, HVAC ins
- $8,000 — average, HVAC installations cost around $8,000. [3] HVAC systems must also be regularl
Filing Documents
- gogreen_is1a4.htm (S-1/A) — 1872KB
- gogreen_ex0501.htm (EX-5.1) — 7KB
- gogreen_ex1013.htm (EX-10.13) — 13KB
- gogreen_ex1014.htm (EX-10.14) — 14KB
- gogreen_ex1015.htm (EX-10.15) — 133KB
- gogreen_ex1016.htm (EX-10.16) — 131KB
- gogreen_ex2301.htm (EX-23.1) — 3KB
- image_068.jpg (GRAPHIC) — 12KB
- image_070.jpg (GRAPHIC) — 49KB
- image_071.jpg (GRAPHIC) — 28KB
- image_016.jpg (GRAPHIC) — 6KB
- image_001.jpg (GRAPHIC) — 5KB
- image_004.jpg (GRAPHIC) — 18KB
- 0001683168-25-000891.txt ( ) — 6939KB
- gogr-20240930.xsd (EX-101.SCH) — 47KB
- gogr-20240930_cal.xml (EX-101.CAL) — 44KB
- gogr-20240930_def.xml (EX-101.DEF) — 178KB
- gogr-20240930_lab.xml (EX-101.LAB) — 305KB
- gogr-20240930_pre.xml (EX-101.PRE) — 254KB
- gogreen_is1a4_htm.xml (XML) — 681KB
RISK FACTORS
RISK FACTORS 11 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS 25 INDUSTRY AND MARKET DATA 26
USE OF PROCEEDS
USE OF PROCEEDS 27 DIVIDEND POLICY 28
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 29
BUSINESS
BUSINESS 35 MANAGEMENT 43 EXECUTIVE AND DIRECTOR COMPENSATION 45 PLAN OF DISTRIBUTION 46
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 47 SELLING SHAREHOLDERS 48 CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS 50
DESCRIPTION OF SECURITIES
DESCRIPTION OF SECURITIES 55 EXPERTS 62 LEGAL MATTERS 62 WHERE YOU CAN FIND MORE INFORMATION 62 INDEX TO FINANCIAL STATEMENTS F-1 EXHIBIT INDEX II-15 i ABOUT THIS PROSPECTUS This prospectus describes the general manner in which the Selling Shareholders may offer, from time to time, up to 36,771,136 Shares held by the Selling Shareholders as described in the cover page of this prospectus. You should rely only on the information contained in this prospectus and the related exhibits, any prospectus supplement or amendment thereto and the documents incorporated by reference, or to which we have referred you, before making your investment decision. Neither we nor the Selling Shareholders have authorized anyone to provide you with different information. If anyone provides you with different or inconsistent information, you should not rely on it. This prospectus, any prospectus supplement or amendments thereto do not constitute an offer to sell, or a solicitation of an offer to purchase, the Common Stock offered by this prospectus, any prospectus supplement or amendments thereto in any jurisdiction to or from any person to whom or from whom it is unlawful to make such offer or solicitation of an offer in such jurisdiction. You should not assume that the information contained in this prospectus, any prospectus supplement or amendments thereto, as well as information we have previously filed with the SEC, is accurate as of any date other than the date on the front cover of the applicable document. If necessary, the specific manner in which the Shares may be offered and sold will be described in a supplement to this prospectus, which supplement may also add, update or change any of the information contained in this prospectus. To the extent there is a conflict between the information contained in this prospectus and any prospectus supplement, you should rely on the information in such prospectus supplement, provided that if any statement in one of these
Forward-Looking Statements ," and "Management's Discussion and Analysis of Financial Condition and Results of
Forward-Looking Statements ," and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and our financial statements and the related notes included elsewhere in this prospectus. Introduction We are a technology and manufacturing company based in Danbury, Connecticut. We own the patented Sonical technology (U S. Patent Number 11,634,344 B2), which is designed to render impurities inert in fluids, in a way that is cost-saving and avoids the use of harsh chemicals for fluid treatment. Our Sonical technology is intended to be installed into existing water supply and fuel consumption systems. The Sonical apparatus is designed such that, after installation into an existing water or fuel treatment system, fluid can pass through the electromagnetic field created within the apparatus and undergo molecular-level changes, resulting in cleaner water and fuel. We envision our Sonical technology to be a revolutionary catalyst in the global transition to a green economy. Our mission is to provide global access to this technology, allowing for the extension of fuel life, a decrease in carbon emissions, and the elimination of harsh chemicals in water treatment worldwide. Currently, we are in a pre-revenue stage of development. As of the date of this prospectus, we have not launched any of the products discussed herein. We are in the process of finalizing our manufacturing processes and sourcing materials to manufacture and commercialize our products at scale. We expect to begin launching certain products approximately between the first fiscal quarter of 2025 and second fiscal quarter of 2025, assuming these products are successfully manufactured and commercialized and depending on the progress of our research and development for these products. We cannot assure that any or all of our products will ever launch, launch successfully, or that we will be able to generate revenue from these products or adequate revenue to continue as a going concer