GIVEMEPOWER Posts Zero Revenue, Widening Losses Amidst Related-Party Debt Surge

TL;DR

**GIVEMEPOWER is a non-operational shell propped up by related-party debt; steer clear.**

AI Summary

GIVEMEPOWER CORP reported no revenue for the three and six months ended June 30, 2025, consistent with the prior year. The company incurred a net loss of $16,334 for the three months ended June 30, 2025, an increase from a net loss of $4,913 in the same period of 2024. For the six months ended June 30, 2025, the net loss was $24,622, up from $19,135 in 2024. Operating expenses significantly increased, with professional fees rising to $12,525 for the three months ended June 30, 2025, from $1,250 in 2024, and general and administrative expenses increasing to $1,248 from $818. Total liabilities grew to $292,345 as of June 30, 2025, from $267,567 at December 31, 2024, primarily due to an increase in notes payable to related parties, which rose from $262,113 to $283,592. The company's accumulated deficit expanded to $6,640,079 by June 30, 2025, from $6,615,457 at December 31, 2024. Cash and cash equivalents saw a slight increase to $4,388 from $4,232 over the same period, largely financed by related-party long-term liabilities.

Why It Matters

This filing reveals GIVEMEPOWER CORP's continued struggle with zero revenue and increasing losses, raising significant red flags for investors. The heavy reliance on related-party financing, with notes payable to related parties reaching $283,592, suggests a lack of independent funding and potential conflicts of interest, which could erode investor confidence. For employees, the company's precarious financial state and lack of operational revenue indicate instability. Customers are non-existent given the zero revenue. The broader market impact is minimal due to the company's small size and non-operational status, but it highlights the risks associated with micro-cap companies with complex corporate histories and related-party transactions.

Risk Assessment

Risk Level: high — The company reported zero revenue for both the three and six months ended June 30, 2025, and an accumulated deficit of $6,640,079, indicating severe operational and financial distress. Total liabilities increased to $292,345, with $283,592 attributed to notes payable to related parties, demonstrating a heavy and risky reliance on insider financing.

Analyst Insight

Investors should avoid GIVEMEPOWER CORP given its non-existent revenue, widening losses, and substantial reliance on related-party debt. The company's stated strategic outlook on FINTEC and real estate appears aspirational without any current operational evidence or capital to support it.

Financial Highlights

debt To Equity

N/A

revenue

$0

operating Margin

N/A

total Assets

N/A

total Debt

$292,345

net Income

$(16,334)

eps

N/A

gross Margin

N/A

cash Position

$4,388

revenue Growth

0.0%

Revenue Breakdown

Key Numbers

• $0 — Total Revenue (for the three and six months ended June 30, 2025, indicating no operational income.)
• $(16,334) — Net Loss (3 months) (for the three months ended June 30, 2025, a significant increase from $(4,913) in 2024.)
• $(24,622) — Net Loss (6 months) (for the six months ended June 30, 2025, an increase from $(19,135) in 2024.)
• $283,592 — Notes payable - related party (as of June 30, 2025, up from $262,113 at December 31, 2024, highlighting reliance on insider financing.)
• $6,640,079 — Accumulated Deficit (as of June 30, 2025, indicating substantial historical losses.)
• $12,525 — Professional fees (3 months) (for the three months ended June 30, 2025, a sharp increase from $1,250 in 2024.)
• $4,388 — Cash and cash equivalents (as of June 30, 2025, a minimal amount for operations.)
• 43,792,804 — Common Shares Outstanding (as of June 30, 2025, unchanged from December 31, 2024.)
• $21,479 — Cash Flows from Financing Activities (for the six months ended June 30, 2025, primarily from related-party long-term liabilities.)
• $(21,323) — Net Cash Flows Used in Operating Activities (for the six months ended June 30, 2025, indicating ongoing cash burn from operations.)

Key Players & Entities

• GIVEMEPOWER CORP (company) — registrant
• Frank I Igwealor (person) — GMPW's officer and director, controlling Goldstein Franklin, Inc. and Los Angeles Community Capital
• Goldstein Franklin, Inc. (company) — controlled by Frank I Igwealor, provided line of credit to Alpharidge
• Alpharidge Capital, LLC (company) — wholly owned subsidiary of PubCo until December 30, 2021
• Kid Castle Educational Corporation (company) — acquired 87% voting power of GIVEMEPOWER, later repurchased
• Los Angeles Community Capital (company) — controlled by Frank I Igwealor, provided line of credit and accrued long-term liability from Alpharidge
• Community Economic Development Capital, LLC (company) — controlled by Frank I Igwealor, received long-term loan and mortgage loan from Alpharidge
• Felix Computer Aided Technologies GmbH (company) — licensor of FCAD software
• Sundance Marketing International Inc. (company) — private company of GIVEMEPOWER's founder, assigned domain name and customer base
• Premier Information Management, Inc. (company) — controlled by Frank I Igwealor, acquired Cannabinoid Biosciences, Inc.

FAQ

Risk Factors

• Increasing Net Loss and Operating Expenses [high — financial]: The company reported a net loss of $16,334 for Q2 2025, a significant increase from $4,913 in Q2 2024. This is driven by a sharp rise in professional fees to $12,525 from $1,250 and increased G&A expenses. The six-month net loss also grew to $24,622 from $19,135.
• Growing Debt and Reliance on Related Parties [high — financial]: Total liabilities increased to $292,345 as of June 30, 2025, from $267,567 at December 31, 2024. This growth is primarily due to an increase in notes payable to related parties, which rose from $262,113 to $283,592, indicating a heavy reliance on insider financing.
• Expanding Accumulated Deficit [high — financial]: The accumulated deficit has grown to $6,640,079 by June 30, 2025, from $6,615,457 at the end of 2024. This substantial historical loss highlights the company's long-term unprofitability.
• Negative Operating Cash Flow [medium — operational]: For the six months ended June 30, 2025, the company experienced net cash outflows from operating activities of $21,323. This indicates that the core business operations are consuming cash and are not self-sustaining.
• Minimal Cash Reserves [medium — financial]: Cash and cash equivalents stand at a mere $4,388 as of June 30, 2025. This low cash position, despite an increase from $4,232, may limit the company's ability to fund operations or unexpected expenses.

Industry Context

GIVEMEPOWER CORP operates in an industry that typically requires significant capital investment for infrastructure and technology development. Companies in this sector often face intense competition and regulatory scrutiny. The current economic climate may also impact demand for energy-related services and the availability of financing.

Regulatory Implications

As a company operating in the energy sector, GIVEMEPOWER CORP is subject to various environmental, safety, and financial regulations. Failure to comply with these regulations could result in fines, operational disruptions, and reputational damage. The company's financial condition may also affect its ability to meet ongoing compliance requirements.

What Investors Should Do

1. Monitor the company's ability to generate revenue and control operating expenses, particularly professional fees, given the increasing net loss.
2. Assess the sustainability of the company's financing model, which heavily relies on related-party debt, and evaluate the terms and risks associated with these obligations.
3. Evaluate the company's long-term viability given its substantial accumulated deficit and negative operating cash flow.
4. Investigate the specific nature and purpose of the increased professional fees and G&A expenses to understand their impact on future profitability.

Glossary

Accumulated Deficit

The total cumulative net losses of a company since its inception, minus any cumulative net income. (Indicates the company's long-term unprofitability, with GIVEMEPOWER CORP having a deficit of $6,640,079 as of June 30, 2025.)

Notes payable - related party

Money owed by the company to individuals or entities that have a close relationship with the company, such as officers, directors, or major shareholders. (Highlights GIVEMEPOWER CORP's reliance on financing from insiders, with these notes totaling $283,592 as of June 30, 2025.)

Net Cash Flows Used in Operating Activities

The net amount of cash used by a company's normal business operations over a period. (A negative value, such as GIVEMEPOWER CORP's $(21,323) for H1 2025, signifies that the company's core business is consuming cash.)

Year-Over-Year Comparison

GIVEMEPOWER CORP reported no revenue in both periods, remaining stagnant. However, the net loss has significantly widened, increasing by over 200% in Q2 2025 compared to Q2 2024, and by approximately 29% for the six-month period. Total liabilities have grown, driven by an increase in related-party notes payable, while the accumulated deficit has also expanded. Cash reserves remain minimal, with financing activities primarily covering operational cash burn.

Key Financial Figures

• $0.001 — Section 12(g) of the Act: COMMON STOCK, $0.001 PAR VALUE Indicate by check mark if t
• $1 — PubCo. On the same day, in exchange for $1, Goldstein sold one-member unit of Alph

Filing Documents

• form10-q.htm (10-Q) — 952KB
• ex31-1.htm (EX-31.1) — 13KB
• ex31-2.htm (EX-31.2) — 13KB
• ex32-1.htm (EX-32.1) — 7KB
• 0001641172-25-023901.txt ( ) — 4616KB
• gmpw-20250630.xsd (EX-101.SCH) — 28KB
• gmpw-20250630_cal.xml (EX-101.CAL) — 31KB
• gmpw-20250630_def.xml (EX-101.DEF) — 118KB
• gmpw-20250630_lab.xml (EX-101.LAB) — 238KB
• gmpw-20250630_pre.xml (EX-101.PRE) — 206KB
• form10-q_htm.xml (XML) — 677KB

– FINANCIAL INFORMATION

PART I. – FINANCIAL INFORMATION

Financial Statements

Item 1. Financial Statements 3

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 34

Quantitative and Qualitative Disclosures about Market Risk

Item 3. Quantitative and Qualitative Disclosures about Market Risk 42

Controls and Procedures

Item 4. Controls and Procedures 43

– OTHER INFORMATION

PART II. – OTHER INFORMATION

Legal Proceedings

Item 1. Legal Proceedings 44

Unregistered Sales of Equity Securities and Use of Proceeds

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 45

Defaults Upon Senior Securities

Item 3. Defaults Upon Senior Securities 45

Mine Safety Disclosures

Item 4. Mine Safety Disclosures 46

Other Information

Item 5. Other Information 46

Exhibits

Item 6. Exhibits 46

Signatures

Signatures 47 2 PART I – FINANCIAL INFORMATION Item 1. Financial Statements Condensed Consolidated Balance Sheets as of June 30, 2025 (unaudited) and December 31, 2024 (audited) 4 Condensed Consolidated Statements of Operations for the three months ended June 30, 2025 and 2024 (unaudited) 5 Condensed Consolidated Statements of Shareholders' Deficit (Equity) as of June 30, 2025 (unaudited) 6 Condensed Consolidated Statements of Cash Flows for the three months ended June 30, 2025 and 2024 (unaudited) 7 Notes to the condensed consolidated financial statements (unaudited) 8 3 GIVEMEPOWER CORPORATION CONSOLIDATED BALANCE SHEETS June 30, 2025 December 31, 2024 (Unaudited) (Audited) ASSETS Current Assets: Cash and cash equivalents $ 4,388 $ 4,232 Prepaid Expenses 3,498 3,498 Total assets 7,886 7,730 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) Current Liabilities: Accounts Payable 1,190 1,454 Accrued expenses 7,563 4,000 Total Current Liabilities 8,753 5,454 Long-Term Liabilities: Notes payable - related party 283,592 262,113 Line of credit - related party - - Total Long-Term Liabilities 283,592 262,113 Total Liabilities $ 292,345 $ 267,567 STOCKHOLDERS' EQUITY (DEFICIT) Preferred stock, $ .001 par value, 10,000,000 shares authorized, 1 issued and outstanding as at June 30, 2025 and December 31, 2024. $ 3 $ 3 Common Stock, $ 0.001 par value, 50,000,000 shares authorized, 43,792,804 issued and outstanding as at June 30, 2025 and December 31, 2024. 43,793 43,793 Additional paid in capital 6,311,824 6,311,824 Accumulated deficit ( 6,640,079 ) ( 6,615,457 ) Total Stockholders' Equity ( 284,459 ) ( 259,837 ) Total Liabilities and Stockholders' Equity $ 7,886 $ 7,730 The accompanying notes are an integral part of these unaudited condensed consolidated financial statements. 4 GIVEMEPOWER CORPORATION CONSOLIDATED (Unaudited) 2025 202

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