Trustfeed Corp. Files 10-Q for Period Ending March 31, 2024

TL;DR

<b>Trustfeed Corp. has filed its Q1 2024 10-Q report, detailing its financial status and operations.</b>

AI Summary

Trustfeed Corp. (PMHS) filed a Quarterly Report (10-Q) with the SEC on May 15, 2024. Trustfeed Corp. filed a 10-Q report for the period ending March 31, 2024. The filing covers the first quarter of the fiscal year. The company's principal business address is 140 Broadway, 46th Floor, New York, NY 10005. The company was formerly known as HEALTHMED SERVICES LTD, with a name change date of October 1, 2003. Trustfeed Corp. is incorporated in Nevada (NV).

Why It Matters

For investors and stakeholders tracking Trustfeed Corp., this filing contains several important signals. This filing provides investors with an update on Trustfeed Corp.'s financial performance and operational status for the first quarter of 2024. Understanding the details within this 10-Q is crucial for assessing the company's current financial health and future prospects.

Risk Assessment

Risk Level: low — Trustfeed Corp. shows low risk based on this filing. The filing is a standard 10-Q, providing routine financial updates without immediate red flags, indicating a low level of immediate risk.

Analyst Insight

Review the detailed financial statements and management discussion within the 10-Q to understand Trustfeed Corp.'s Q1 2024 performance and outlook.

Key Numbers

• 2024-03-31 — Reporting Period End Date (Conformed Period of Report)
• 2024-05-15 — Filing Date (Filed as of Date)
• Q1 — Quarter (Filing form type)
• 1231 — Fiscal Year End (Fiscal Year End)

Key Players & Entities

• Trustfeed Corp. (company) — Filer name
• HEALTHMED SERVICES LTD (company) — Former company name
• New York (location) — Business address city
• NV (location) — State of incorporation
• 140 Broadway (address) — Business address street

FAQ

Industry Context

The filing is a standard 10-Q, which is a quarterly report required by the SEC for public companies. It provides a comprehensive overview of the company's financial condition and results of operations.

Regulatory Implications

This filing is made in accordance with the Securities Exchange Act of 1934, requiring public companies to submit regular financial reports to the SEC.

What Investors Should Do

1. Analyze the financial statements for revenue, expenses, and net income for Q1 2024.
2. Review any disclosed risk factors or management discussions that may impact future performance.
3. Compare key financial metrics to previous periods to identify trends.

Year-Over-Year Comparison

This is the initial filing analyzed, so no comparison to a previous filing is available.

Filing Documents

• form10-q.htm (10-Q) — 484KB
• ex31-1.htm (EX-31.1) — 17KB
• ex31-2.htm (EX-31.2) — 17KB
• ex32-1.htm (EX-32.1) — 6KB
• 0001493152-24-019688.txt (&nbsp;) — 2041KB
• trfe-20240331.xsd (EX-101.SCH) — 12KB
• trfe-20240331_cal.xml (EX-101.CAL) — 19KB
• trfe-20240331_def.xml (EX-101.DEF) — 49KB
• trfe-20240331_lab.xml (EX-101.LAB) — 124KB
• trfe-20240331_pre.xml (EX-101.PRE) — 101KB
• form10-q_htm.xml (XML) — 194KB

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION Item 1:

Financial Statements

Financial Statements 3 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 4 Item 3:

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 7 Item 4:

Controls and Procedures

Controls and Procedures 7

– OTHER INFORMATION

PART II – OTHER INFORMATION Item 1:

Legal Proceedings

Legal Proceedings 8 Item 1A:

Risk Factors

Risk Factors 8 Item 2: Unregistered Sales of Equity Securities and Use of Proceeds 8 Item 3: Defaults Upon Senior Securities 8 Item 5: Other Information 8 Item 6: Exhibits 8 2 PART I - FINANCIAL INFORMATION Item 1. Financial Statements Our condensed unaudited financial statements included in this Form 10-Q are as follows: F-1 Balance Sheets as of March 31, 2024 and December 31, 2023; F-2 Statements of Operations for the three months ended March 31, 2024 and March 31, 2023; F-3 F-4 Statements of Cash Flow for the three months ended March 31, 2024 and March 31, 2023; F-5 Notes to Condensed Unaudited Financial Statements These condensed unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and the SEC instructions to Form 10-Q. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. Operating results for the interim period ended March 31, 2024, are not necessarily indicative of the results that can be expected for the full year. 3 TRUSTFEED CORP (formerly HEALTHMED SERVICES, LTD.) BALANCE SHEETS March 31, 2024 (unaudited) December 31, 2023 ASSETS Current assets Cash 244 244 Total current assets 244 244 Total assets $ 244 $ 244 LIABILITIES AND STOCKHOLDERS' DEFICIT Current liabilities Accounts payable and accrued liabilities 29,682 13,782 Due to related party 53,125 Total current liabilities 82,807 13,782 Total liabilities 82,807 13,782 Stockholders' deficit Series A Preferred stock, par value $ .001 ; 500,000 shares authorized; 500,000 and 500,000 issued and outstanding as of March 31, 2024 and December 31, 2023, respectively. 500 500 Common stock; $ 0.001 par value; 295,000,000 shares authorized; 109

View Full Filing

View this 10-Q filing on SEC EDGAR