LVPAI Group Reports Zero Revenue, Mounting Losses Amid Going Concern Doubts

TL;DR

**LVPA is a zombie company with no revenue, increasing liabilities, and a massive deficit, making it a hard pass for any serious investor.**

AI Summary

LVPAI GROUP Ltd (LVPA) reported no revenues for the three and six months ended July 31, 2025, consistent with the prior year periods. The company incurred a net loss of $10,105 for the three months ended July 31, 2025, an increase from a net loss of $9,030 in the same period of 2024. For the six months ended July 31, 2025, the net loss was $17,465, a slight improvement from $18,320 in the comparable 2024 period. Operating expenses were $10,105 for the three months ended July 31, 2025, and $17,465 for the six months ended July 31, 2025. The company's total liabilities increased to $155,120 as of July 31, 2025, from $137,655 as of January 31, 2025, primarily due to an increase in amounts due to related parties, specifically Mr. Chen Yuanhang, which rose from $111,691 to $123,156. LVPA has been dormant since November 2011 and continues to operate with a significant accumulated deficit of $19,782,171 as of July 31, 2025, raising substantial doubt about its ability to continue as a going concern. The company relies on interest-free demand loans from Mr. Chen Yuanhang for working capital and is exploring alternative financing. There were no significant business changes or strategic outlooks mentioned beyond the ongoing search for funding.

Why It Matters

LVPAI Group's continued dormancy and lack of revenue, coupled with an accumulated deficit of over $19.7 million, signal severe financial distress. For investors, this 10-Q confirms the company's precarious 'going concern' status, indicating a high risk of illiquidity or potential delisting. Employees are non-existent given the dormant status, and customers are non-existent due to zero revenue. In the broader market, LVPA's situation highlights the risks associated with micro-cap or shell companies, often used for reverse mergers, and serves as a cautionary tale for speculative investments. The reliance on related-party loans from Mr. Chen Yuanhang underscores the lack of independent financing and competitive viability.

Risk Assessment

Risk Level: high — The company explicitly states 'substantial doubt about the Company's ability to continue as a going concern' due to operating losses since inception and a negative retained earnings of $19,782,171 as of July 31, 2025. Furthermore, LVPA has reported $0 in revenues for both the three and six months ended July 31, 2025, and relies entirely on interest-free demand loans from related parties for funding, indicating an unsustainable business model.

Analyst Insight

Investors should avoid LVPA stock given its dormant status, zero revenue, and explicit going concern warning. The company's reliance on related-party loans for basic operations suggests no viable business model or path to profitability, making it a highly speculative and risky investment.

Financial Highlights

debt To Equity

N/A

revenue

$0

operating Margin

N/A

total Assets

$0

total Debt

$155,120

net Income

$(10,105)

eps

$ (0.00)

gross Margin

N/A

cash Position

Not Disclosed

revenue Growth

0.0%

Revenue Breakdown

Key Numbers

• $0 — Revenues (for the three and six months ended July 31, 2025, indicating no operational business)
• $(10,105) — Net loss (for the three months ended July 31, 2025, an increase from $(9,030) in 2024)
• $(17,465) — Net loss (for the six months ended July 31, 2025, a slight improvement from $(18,320) in 2024)
• $(19,782,171) — Accumulated deficit (as of July 31, 2025, highlighting significant historical losses)
• $155,120 — Total Liabilities (as of July 31, 2025, an increase from $137,655 on January 31, 2025)
• $123,156 — Amount due to Mr. Chen Yuanhang (as of July 31, 2025, up from $111,691 on January 31, 2025, representing primary funding source)
• 100,103,103 — Common Stock Shares Outstanding (as of September 10, 2025, and July 31, 2025)
• 65.36% — Voting rights held by Chen Yuanhang (after private transactions on December 1, 2023)

Key Players & Entities

• LVPAI GROUP Ltd (company) — registrant issuer
• LVPA (company) — trading symbol
• Securities and Exchange Commission (regulator) — filing recipient
• Mr. Chen Yuanhang (person) — shareholder, director, and primary funder of the company
• Ms. Xu Ni (person) — former director who resigned on October 23, 2024
• Zhang Wenmin (person) — former Chief Financial Officer, now Director
• Wei Zurui (person) — new Chief Financial Officer and Director as of December 1, 2023
• Yang Fuzhu (person) — former controlling shareholder
• Custodian Ventures LLC (company) — appointed custodian of the company on March 16, 2020
• $89,000 (dollar_amount) — consideration paid for shares in private transactions on December 1, 2023

FAQ

Risk Factors

• Going Concern Uncertainty [high — financial]: LVPAI GROUP Ltd has been dormant since November 2011 and continues to operate with a significant accumulated deficit of $19,782,171 as of July 31, 2025. The company's total liabilities increased to $155,120 from $137,655, primarily due to related party loans. This raises substantial doubt about its ability to continue as a going concern.
• Dependence on Related Party Financing [high — financial]: The company relies on interest-free demand loans from Mr. Chen Yuanhang for working capital, with amounts due to related parties increasing to $147,655 as of July 31, 2025, from $136,190 as of January 31, 2025. This concentration of funding from a single related party presents a significant financial risk.
• Lack of Operational Activity [high — operational]: The company reported no revenues for the three and six months ended July 31, 2025, and has been dormant since November 2011. This lack of current business operations indicates a severe operational challenge and potential for continued losses.
• Increasing Net Losses [medium — financial]: The net loss for the three months ended July 31, 2025, was $10,105, an increase from $9,030 in the prior year. While the six-month net loss slightly improved to $17,465 from $18,320, the overall trend of sustained losses contributes to the accumulated deficit.

Industry Context

LVPAI GROUP Ltd operates in a market that, based on its lack of revenue and dormancy since 2011, suggests it is not currently participating in any active industry. The company's situation indicates a complete withdrawal from any competitive landscape, with no apparent business operations or strategic direction.

Regulatory Implications

As a publicly traded entity, LVPAI GROUP Ltd is subject to SEC reporting requirements. The ongoing lack of revenue, significant accumulated deficit, and reliance on related party financing raise concerns for regulators regarding financial transparency and the company's ability to fulfill its obligations.

What Investors Should Do

1. Avoid investment due to severe going concern risks.
2. Monitor for any disclosures of new business initiatives or funding.

Key Dates

• 2025-07-31: Quarterly Financial Reporting Period End — Indicates no revenue generation and continued net losses, with total liabilities at $155,120 and accumulated deficit at $19,782,171.
• 2025-01-31: Previous Fiscal Year End — Total liabilities were $137,655, with related party amounts due at $111,691, showing an increase in liabilities and related party debt in the subsequent period.
• 2011-11-01: Company Dormancy Began — Marks the point from which the company has ceased active operations, highlighting a long-standing lack of business activity.

Glossary

Accumulated deficit

The cumulative net losses of a company over its lifetime that have not been offset by net income. (Indicates the company's significant historical unprofitability, reaching $19,782,171 as of July 31, 2025.)

Going concern

The assumption that a company will continue to operate for the foreseeable future, typically at least the next 12 months. (The company's financial condition raises substantial doubt about its ability to continue as a going concern.)

Related parties

Entities or individuals that have the ability to control or significantly influence the financial or operating decisions of another entity. (A significant portion of the company's liabilities ($123,156 out of $147,655 in related party amounts) is owed to Mr. Chen Yuanhang, a key related party.)

Dormant

A company that is not actively trading or conducting business operations. (LVPAI GROUP Ltd has been dormant since November 2011, indicating a lack of current business activity.)

Year-Over-Year Comparison

Compared to the prior year periods, LVPAI GROUP Ltd continues to report zero revenues for the three and six months ended July 31, 2025. While the six-month net loss saw a slight improvement from $18,320 to $17,465, the three-month net loss increased from $9,030 to $10,105. Total liabilities have grown to $155,120 from $137,655, primarily driven by an increase in amounts due to related parties, reinforcing the company's precarious financial state.

Key Financial Figures

• $0.001 — at September 10 , 202 5 Common Stock, $0.001 par value 100,103,103 TABLE OF CONTE
• $0 — 2024, we realized revenue in amount of $0 and $0, respectively. For the six month
• $10,105 — d 2024, respectively. Our net loss was $10,105 and $9,030 for the three months ended J
• $9,030 — ectively. Our net loss was $10,105 and $9,030 for the three months ended July 31, 202
• $17,465 — nd 2024, respectively. Our net loss was $17,465 and $18,320 for the six months ended Ju
• $18,320 — pectively. Our net loss was $17,465 and $18,320 for the six months ended July 31, 2025
• $18,505 — have a negative operating cash flows of $18,505 and our working capital has been and wi
• $11,465 — t cash used in operating activities was $11,465, compared to net cash used in operating

Filing Documents

• lvpa_10q.htm (10-Q) — 317KB
• lvpa_ex311.htm (EX-31.1) — 10KB
• lvpa_ex312.htm (EX-31.2) — 9KB
• lvpa_ex321.htm (EX-32.1) — 4KB
• lvpa_ex322.htm (EX-32.2) — 5KB
• 0001477932-25-006616.txt ( ) — 1535KB
• lvpa-20250731.xsd (EX-101.SCH) — 14KB
• lvpa-20250731_lab.xml (EX-101.LAB) — 98KB
• lvpa-20250731_cal.xml (EX-101.CAL) — 19KB
• lvpa-20250731_pre.xml (EX-101.PRE) — 78KB
• lvpa-20250731_def.xml (EX-101.DEF) — 23KB
• lvpa_10q_htm.xml (XML) — 133KB

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS: 3 Condensed Balance Sheets as of July 31, 2025 (unaudited) and January 31, 2025 3 Condensed Statements of Operations and Comprehensive Loss for the Three and Six Months Ended July 31, 2025 and 2024 (unaudited) 4 Condensed Statement of Changes in Stockholders' Deficit for the Three and Six Months Ended July 31, 2025 and 2024 (unaudited) 5 Condensed Statements of Cash Flows for the Six Months Ended July 31, 2025 and 2024 (unaudited) 6 Notes to the Condensed Financial Statements 7 ITEM 2.

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 12 ITEM 3. QUANTITATIVE AND QUALITATIVED IS CLOSURES ABOUT MARKET RISK 14 ITEM 4.

CONTROLS AND PROCEDURES

CONTROLS AND PROCEDURES 14 PART II OTHER INFORMATION 15 ITEM 1

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS 15 ITEM 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 15 ITEM 3 DEFAULTS UPON SENIOR SECURITIES 15 ITEM 4 MINE SAFETY DISCLOSURES 15 ITEM 5 OTHER INFORMATION 15 ITEM 6 EXHIBITS 16

SIGNATURES

SIGNATURES 17 2 Table of Contents

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION

Financial statements

Item 1. Financial statements LVPAI GROUP LIMITED CONDENSED BALANCE SHEETS AS OF JULY 31, 202 5 AND JANUARY 31, 202 5 As of July 31, 202 5 January 31, 202 5 (Unaudited) (Audited) ASSETS TOTAL ASSETS $ - $ - LIABILITIES AND STOCKHOLDERS' EQUITY Accrued liabilities and other payable 7,465 1,465 Amount due to the related parties 147,655 136,190 TOTAL LIABILITIES $ 155,120 $ 137,655 STOCKHOLDERS' DEFICIT Preferred stock, $ 0.001 par value, 20,000,000 shares authorized, 8,000,000 shares issued and outstanding, July 31, 2025 and January 31, 2025, respectively 8,000 8,000 Common stock, $ 0.001 par value, 300,000,000 shares authorized, 100,103,103 shares issued and outstanding as of July 31, 2025 and January 31, 2025, respectively 100,103 100,103 Additional paid-in capital 19,518,948 19,518,948 Accumulated deficit ( 19,782,171 ) ( 19,764,706 ) TOTAL STOCKHOLDERS' DEFICIT ( 155,120 ) ( 137,655 ) TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ - $ - See accompanying notes to the unaudited condensed financial statements. 3 Table of Contents LVPAI GROUP LIMITED CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS FOR THE THREE AND SIX MONTHS ENDED JULY 31, 202 5 AND 202 4 (Unaudited) Three months ended July 31, Six months ended July 31, 202 5 202 4 202 5 202 4 (Unaudited) (Unaudited) (Unaudited) (Unaudited) REVENUES $ - $ - $ - $ - COST OF REVENUES - - - - GROSS PROFIT - - - - OPERATING EXPENSES ( 10,105 ) ( 9,030 ) ( 17,465 ) ( 18,320 ) LOSS FROM OPERATIONS ( 10,105 ) ( 9,030 ) ( 17,465 ) ( 18,320 ) Other expense - - - - Net loss from operations ( 10,105 ) ( 9,030 ) ( 17,465 ) ( 18,320 ) Income tax expense - Net loss $ ( 10,105 ) $ ( 9,030 ) $ ( 17,465 ) $ ( 18,320 ) Other comprehensive income: - Foreign currency translation adjustment - - - - COMPREHENSIVE LOSS $ ( 10,105 ) $

Management's Discussion and Analysis of Financial Condition and Results of Operations

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations The information contained in this quarter report on Form 10-Q is intended to update the information contained in our Annual Report on Form 10-K for the year ended January 31, 2024 and presumes that readers have access to, and will have read, the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and other information contained in such Form 10-K. The following discussion and analysis also should be read together with our financial statements and the notes to the financial statements included elsewhere in this Form 10-Q. The following discussion contains certain statements that may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements appear in a number of places in this Report, including, without limitation, "Management's Discussion and Analysis of Financial Condition and Results of Operations." These statements are not guarantees of future performance and involve risks, uncertainties and requirements that are difficult to predict or are beyond our control. Forward-looking statements speak only as of the date of this quarterly report. You should not put undue reliance on any forward-looking statements. We strongly encourage investors to carefully read the factors described in our Form S-1 Amendment No.5, dated May 3, 2019 in the section entitled "Risk Factors" for a description of certain risks that could, among other things, cause actual results to differ from these forward-looking statements. We assume no responsibility to update the forward-looking statements contained in this transition report on Form10-Q. The following should also be read in conjunction with the unaudited Condensed Financial Statements and notes thereto that appear elsewhere in this report. Results of Operation For the three and six months ended July 31, 202 5 For the three months

Quantitative and Qualitative Disclosures About Market Risk

Item 3 Quantitative and Qualitative Disclosures About Market Risk. As a "smaller reporting company" as defined by Item 10 of Regulation S-K, the Company is not required to provide information required by this Item.

Controls and Procedures

Item 4 Controls and Procedures. Evaluation of Disclosure Controls and Procedures: We carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)). This evaluation was carried out under the supervision and with the participation of our Chief Executive Officer and our Chief Financial Officer. Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of July 31, 2025, our disclosure controls and procedures were not effective due to the presence of material weaknesses in internal control over financial reporting. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonabl

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