Hartford Creative Group Files 2024 10-K

TL;DR

Hartford Creative Group filed its 2024 10-K. Financials and operations detailed.

AI Summary

Hartford Creative Group, Inc. filed its 10-K for the fiscal year ending July 31, 2024. The company, previously known as Hartford Great Health Corp. and Photoamigo, Inc., is incorporated in Nevada and operates in computer processing and data preparation services. Its principal business address is in Rosemead, California.

Why It Matters

This filing provides a comprehensive overview of Hartford Creative Group's financial performance and operational status for the past fiscal year, offering insights for investors and stakeholders.

Risk Assessment

Risk Level: low — The filing is a standard annual report and does not contain immediate red flags or significant negative disclosures.

Key Numbers

• 2024-07-31 — Fiscal Year End (The period covered by the 10-K filing.)
• 2024-10-29 — Filing Date (The date the 10-K was officially submitted to the SEC.)

Key Players & Entities

• Hartford Creative Group, Inc. (company) — Filer of the 10-K
• Hartford Great Health Corp. (company) — Former name of the filer
• Photoamigo, Inc. (company) — Former name of the filer
• 2024-07-31 (date) — Fiscal year end
• 2024-10-29 (date) — Filing date
• 8832 Glendon Way, Rosemead, CA 91770 (address) — Business and mailing address

FAQ

Key Financial Figures

• $0.001 — ch registered Common stock, par value $0.001 par value HFUS OTC Markets Group
• $900 — nt'l Education and its subsidiaries for $900 (RMB 5,850). On August 1, 2022, HFUS en
• $1,000 — ership of HZHF and its subsidiaries for $1,000 (RMB 6,500). See Note 3 Acquisitions an
• $5.00 — ty that has a market price of less than $5.00 per share or with an exercise price of
• $1.22 — n stock reported on the OTC Markets was $1.22 per share. The following table sets for
• $0.02 — ommon stock were issued at the price of $0.02 per share to raise an additional $1,921
• $1,921,800 — $0.02 per share to raise an additional $1,921,800 in capital. On November 24, 2020, the C
• $1,399,945 — July 31, 2024, we reported revenues of $1,399,945, in contrast to no revenue in the corre
• $1,337,502 — f the total revenue recognized in 2024, $1,337,502 net revenue was mainly generated throug
• $62,443 — h advertising placement services, while $62,443 was derived from the design, creation,
• $55,505 — Expenses: Cost of revenue increased to $55,505 for the year ended July 31, 2024, in co
• $247,920 — nd administrative expenses increased to $247,920 compared to $123,650 during the compara
• $123,650 — enses increased to $247,920 compared to $123,650 during the comparable period of 2023. T
• $6,971 — (Expense): Other income, net amount of $6,971 for the year ended July 31, 2024, compa
• $521,353 — compared to Other income, net amount of $521,353 for the corresponding period of 2023. T

Filing Documents

• form10-k.htm (10-K) — 727KB
• ex21-1.htm (EX-21.1) — 7KB
• ex31-1.htm (EX-31.1) — 17KB
• ex31-2.htm (EX-31.2) — 14KB
• ex32.htm (EX-32) — 7KB
• form10-k_001.jpg (GRAPHIC) — 98KB
• 0001493152-24-042877.txt ( ) — 4015KB
• hfus-20240731.xsd (EX-101.SCH) — 29KB
• hfus-20240731_cal.xml (EX-101.CAL) — 55KB
• hfus-20240731_def.xml (EX-101.DEF) — 112KB
• hfus-20240731_lab.xml (EX-101.LAB) — 298KB
• hfus-20240731_pre.xml (EX-101.PRE) — 223KB
• form10-k_htm.xml (XML) — 374KB

BUSINESS

BUSINESS 4 ITEM 1A: RISK FACTORS 5 ITEM 1B: UNRESOLVED STAFF COMMENTS 5 ITEM 2:

PROPERTIES

PROPERTIES 5 ITEM 3: LEGAL PROCEEDINGS 5 ITEM 4: MINE SAFETY DISCLOSURES 5 PART II ITEM 5: MARKET FOR COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND PURCHASES OF EQUITY SECURITIES 6 ITEM 6: SELECTED FINANCIAL DATA 7 ITEM 7: MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION 8 ITEM 7A. QUANTATIVE AND QUALATATIVE DISCLOSURES ABOUT MARKET RISK 11 ITEM 8: FINANCIAL 12 ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANS ON ACCOUNTING AND FINANCIAL DISCLOSURE 25 ITEM 9A. CONTROLS AND PROCEDURES 25 ITEM 9B: OTHER INFORMATION 25 PART III ITEM 10: DIRECTORS, EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE 26 ITEM 11: EXECUTIVE COMPENSATION 28 ITEM 12: SECURITY 29 ITEM 13: CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE 29 ITEM 14: PRINCIPAL ACCOUNTING FEES AND SERVICES 29 PART IV ITEM 15: EXHIBITS 30

SIGNATURES

SIGNATURES 31 ADDITIONAL INFORMATION Descriptions of agreements or other documents contained in this report are intended as summaries and are not necessarily complete. Please refer to the agreements or other documents filed or incorporated herein by reference as exhibits. Please see the exhibit index at the end of this report for a complete list of those exhibits. 2 SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This report contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties and are based on the beliefs and assumptions of management and information currently available to management. The use of words such as "believes", "expects", "anticipates", "intends", "plans", "estimates", "should", "likely" or similar expressions, indicates a forward-looking The identification in this report of factors that may affect future performance and the accuracy of forward-looking statements is meant to be illustrative and by no means exhaustive. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. Factors that could cause actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: 1. The worldwide economic situation; 2. Any change in interest rates or inflation; 3. The willingness and ability of third parties to honor their contractual commitments; 4. The Company's ability to raise additional capital, as it may be affected by current conditions in the stock market and competition for risk capital; 5. The Company's capital costs, as they may be affected by delays or cost overruns; 6. The Company's costs of revenue; 7. Environmental and other regulations, as the same presently exist or may later be amended; 8. The Company's ability to identify, finance and integrate any future acquisitions; and 9. The vol

View Full Filing

View this 10-K filing on SEC EDGAR