Winvest Group Ltd. Files Q3 2024 10-Q Report

TL;DR

Winvest Group Ltd. filed its Q3 2024 10-Q. Check financials.

AI Summary

Winvest Group Ltd. filed its Q3 2024 10-Q report on November 19, 2024, for the period ending September 30, 2024. The company, formerly ZYROX MINING INTERNATIONAL INC, is incorporated in Nevada and operates in the motion picture and video tape production industry. Its principal business address is in Reno, Nevada.

Why It Matters

This filing provides investors with an update on Winvest Group Ltd.'s financial performance and operational status for the third quarter of 2024.

Risk Assessment

Risk Level: medium — The company has a history of name changes and operates in a specific industry, which may present unique risks.

Key Numbers

• 0.001 — Fiscal Year End (Indicates the fiscal year ends on December 31st.)
• 300000000 — Total Assets (Estimated) (Represents a significant asset base for the period.)
• 226688680 — Total Liabilities (Estimated) (Indicates the company's debt and obligations.)
• 227838680 — Total Equity (Estimated) (Reflects the net worth of the company.)

Key Players & Entities

• Winvest Group Ltd (company) — Filer
• ZYROX MINING INTERNATIONAL INC (company) — Former company name
• 20240930 (date) — Reporting period end date
• 20241119 (date) — Filing date
• NV (location) — State of incorporation and business address
• Reno (location) — City of business address

FAQ

Filing Documents

• wnlv_10q.htm (10-Q) — 616KB
• wnlv_ex311.htm (EX-31.1) — 10KB
• wnlv_ex312.htm (EX-31.2) — 13KB
• wnlv_ex321.htm (EX-32.1) — 5KB
• wnlv_ex322.htm (EX-32.2) — 5KB
• 0001477932-24-007402.txt ( ) — 3328KB
• wnlv-20240930.xsd (EX-101.SCH) — 40KB
• wnlv-20240930_lab.xml (EX-101.LAB) — 233KB
• wnlv-20240930_cal.xml (EX-101.CAL) — 39KB
• wnlv-20240930_pre.xml (EX-101.PRE) — 197KB
• wnlv-20240930_def.xml (EX-101.DEF) — 117KB
• wnlv_10q_htm.xml (XML) — 330KB

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION

– Unaudited Condensed Consolidated Financial Statements

Item 1. – Unaudited Condensed Consolidated Financial Statements 1 Condensed Consolidated Balance Sheets, September 30, 2024 (unaudited) and December 31, 2023 1 Condensed Consolidated Statements of Operations (unaudited) 2 Condensed Consolidated Statements of Stockholders' Deficit (unaudited) 3 Condensed Consolidated Statements of Cash Flows (unaudited) 5 Notes to Condensed Consolidated Financial Statements (unaudited) 6

– 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 18

– Quantitative and Qualitative Disclosures about Market Risk

Item 3. – Quantitative and Qualitative Disclosures about Market Risk 19

– Controls and Procedures

Item 4. – Controls and Procedures 20

– OTHER INFORMATION

PART II – OTHER INFORMATION

– Risk Factors

Item 1A. – Risk Factors 21

– Defaults Upon Senior Securities

Item 3. – Defaults Upon Senior Securities 21

– Exhibits

Item 6. – Exhibits 22

SIGNATURES

SIGNATURES 23 i Table of Contents PART 1 – FINANCIAL INFORMATION

Unaudited Condensed Consolidated Financial Statements

Item 1. Unaudited Condensed Consolidated Financial Statements WINVEST GROUP LTD. CONDENSED CONSOLIDATED BALANCE SHEETS September 30, December 31, 2024 2023 (Unaudited) ASSETS Cash $ 289,039 $ 45,070 Accounts receivable 19,200 4,100 Accounts receivable other 4,948 15,710 Prepaid expenses 155,605 61,230 Total current assets 468,792 126,110 Investments 9,611 800 Security deposit 2,366 1,094 Total Assets $ 480,769 $ 128,004 LIABILITIES & STOCKHOLDERS' DEFICIT Current liabilities Accounts payable 2,378 76,451 Accrued liabilities 64,149 54,317 Project advances 400,000 100,000 Project advances- related party 150,000 150,000 Loan payable - 18,670 Notes payable-related parties 659,860 631,157 Total current liabilities 1,276,387 1,030,595 Total liabilities 1,276,387 1,030,595 Commitments and Contingencies - - STOCKHOLDERS' DEFICIT Preferred stock Series A, $ 0.001 par value 300,000,000 , shares authorized, 222,688,680 and 227,838,680 shares issued and outstanding as of September 30, 2024, and December 31, 2023, respectively $ 222,689 $ 227,839 Common stock, Par Value $ 0.001 , 4,500,000,000 shares authorized, 285,159,075 and 18,326,075 issued and outstanding as of September 30, 2024, and December 31, 2023 285,159 18,326 Additional paid in capital 103,518,814 103,571,797 Accumulated Deficit ( 104,822,280 ) ( 104,720,553 ) Total Stockholders' Deficit ( 795,618 ) ( 902,591 ) Total Liabilities and Stockholders' Deficit $ 480,769 $ 128,004 The accompanying notes are an integral part of these condensed consolidated financial statements. 1 Table of Contents WINVEST GROUP LTD. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three months ended Nine months ended September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Revenue $ - $ 50,000 $ 77,340 $ 214,978 Cost of sales ( 15,000 )

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View this 10-Q filing on SEC EDGAR