Freedom Holdings, Inc. Files 10-Q for Q3 2024
Ticker: TAAG · Form: 10-Q · Filed: Aug 19, 2024 · CIK: 1386044
| Field | Detail |
|---|---|
| Company | Freedom Holdings, Inc. (TAAG) |
| Form Type | 10-Q |
| Filed Date | Aug 19, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, loan-broker
TL;DR
Freedom Holdings (FHLD) filed their Q3 2024 10-Q. Check financials.
AI Summary
Freedom Holdings, Inc. filed a 10-Q for the period ending June 30, 2024. The company, previously known as Freedom Financial Holdings Inc., operates as a loan broker. The filing details financial information and business operations for the period.
Why It Matters
This filing provides investors with an update on Freedom Holdings, Inc.'s financial performance and operational status for the third quarter of fiscal year 2024.
Risk Assessment
Risk Level: low — This is a standard quarterly financial filing with no immediate red flags or significant new disclosures.
Key Numbers
- 20240630 — Report Period End Date (Indicates the end of the fiscal quarter being reported.)
- 20240819 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
- 0930 — Fiscal Year End (Specifies the end of the company's fiscal year.)
Key Players & Entities
- Freedom Holdings, Inc. (company) — Filer
- 0001386044 (company) — Central Index Key
- 6163 (company) — Standard Industrial Classification (Loan Brokers)
- OSSIA (company) — Business Address City
- 260-490-9990 (company) — Business Phone
- Freedom Energy Holdings Inc (company) — Former Company Name
- Freedom Financial Holdings Inc (company) — Former Company Name
- Gibraltar Securities Member (company) — Related Entity
- MrMichaelMaeznaMember (person) — Related Entity
- MEDcannIndustriesMember (company) — Related Entity
FAQ
What is the primary business of Freedom Holdings, Inc.?
Freedom Holdings, Inc. operates as a loan broker, as indicated by its Standard Industrial Classification code [6163].
What is the reporting period for this 10-Q filing?
The 10-Q filing covers the period ending June 30, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on August 19, 2024.
Has Freedom Holdings, Inc. operated under different names previously?
Yes, the company was formerly known as Freedom Energy Holdings Inc. and Freedom Financial Holdings Inc.
Where is Freedom Holdings, Inc. located?
The company's business address is located at 6461 N 100 E, Ossian, IN 46777.
Filing Stats: 4,521 words · 18 min read · ~15 pages · Grade level 14.9 · Accepted 2024-08-19 16:08:39
Key Financial Figures
- $0.0001 — nding of the registrant's common stock, $0.0001 par value per share, as of August 6, 20
Filing Documents
- fhld_10q.htm (10-Q) — 436KB
- fhld_ex311.htm (EX-31.1) — 8KB
- fhld_ex312.htm (EX-31.2) — 8KB
- fhld_ex321.htm (EX-32.1) — 4KB
- fhld_ex322.htm (EX-32.2) — 4KB
- 0001477932-24-005122.txt ( ) — 1813KB
- fhld-20240630.xsd (EX-101.SCH) — 17KB
- fhld-20240630_lab.xml (EX-101.LAB) — 110KB
- fhld-20240630_cal.xml (EX-101.CAL) — 23KB
- fhld-20240630_pre.xml (EX-101.PRE) — 86KB
- fhld-20240630_def.xml (EX-101.DEF) — 29KB
- fhld_10q_htm.xml (XML) — 164KB
– FINANCIAL INFORMATION
PART I – FINANCIAL INFORMATION Item 1.
Financial Statements
Financial Statements 4 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 14 Item 3. Quantitative and Qualitative Disclosure About Market 16 Item 4.
Controls and Procedures
Controls and Procedures 16
– OTHER INFORMATION
PART II – OTHER INFORMATION Item 1.
Legal Proceedings
Legal Proceedings 17 Item 1A.
Risk Factors
Risk Factors 17 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 17 Item 3. Defaults Upon Senior Securities 17 Item 4. Mine Safety Disclosures NA 17 Item 5. Other Information 17 Item 6. Exhibits 18
Signatures
Signatures 19 3 Table of Contents
Financial Statements
Item 1. Financial Statements. FREEDOM HOLDINGS, INC. a/k/a FREEDOM ACQUISITION CORP Index to the Condensed Unaudited Financial Statements Page Condensed Balance Sheets as of June 30, 2024 (unaudited) and September 30, 2023 (audited) 5 Condensed Statements of Operations for the three and nine months ended June 30, 2024 and 2023 (unaudited) 6 Condensed Statements of Changes in Shareholders' Deficit for the nine months ended June 30, 2024 and 2023 (unaudited) 7 Condensed Statements of Cash Flows for the nine months ended June 30, 2024 and 2023 (unaudited) 8 Notes to the Condensed Financial Statements (unaudited) 9 4 Table of Contents FREEDOM HOLDINGS, INC. a/k/a FREEDOM ACQUISITION CORP CONDENSED BALANCE SHEETS June 30, September 30, 2024 2023 ASSETS (unaudited) (Audited) Current Assets: Cash $ 2,184 $ 588 Total Current Assets 2,184 588 TOTAL ASSETS $ 2,184 $ 588 LIABILITIES AND STOCKHOLDERS' DEFICIT Current Liabilities Accounts payable $ 22,897 $ 44,500 Accrued interest 8,950 330 Accrued expenses 240,000 241,297 Due to related party 1,000 - Total Current Liabilities 272,847 286,127 Non-Current Liabilities Notes payable 122,363 126,350 TOTAL LIABILITIES 395,210 412,477 Stockholders' Deficit Preferred Stock, $ 0.0001 par value, 100,000,000 shares authorized, 0 and 0 shares issued and outstanding, respectively. - - Common stock, $ 0.0001 par value, 500,000,000 shares authorized, 58,408,825 and 55,308,825 shares issued and outstanding respectively. 5,841 5,531 Additional paid-in capital 10,029,518 9,765,828 Subscription receivable 4,500 ( 5,500 ) Accumulated deficit ( 10,432,885 ) ( 10,177,748 ) Total Stockholders' Deficit ( 393,026 ) ( 411,889 ) TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 2,184 $ 588 The accompanying notes are an integral part of these condensed financial statements. 5 Table of Contents F