16 December 2025
MOVEIX INC.
10-K / April 15, 2025
10-K / April 1, 2024
10-K / April 15, 2025
Moveix Inc. Business Summary
Company Overview:
Moveix Inc. is a Nevada-incorporated company founded on May 5, 2016, primarily engaged in the wholesale import and resale of electric transportation products. Its main focus was to buy electric transportation products from Chinese manufacturers and sell these products via its website.
Core Products and Business Model:
- Primary Product: Hoverboards (two-wheeled self-balancing electric scooters). These devices are portable, rechargeable, battery-powered, and controlled by gyroscopic sensors on a rider’s foot platforms.
- Additional Products: Electric bikes and Segways (planned or intended for resale).
- Sales Strategy: Selling products online, initially targeting the European market in the first year, with plans to expand into North America in the subsequent year.
Operational History:
- The company was dormant from April 15, 2019, through December 31, 2020.
- As of December 31, 2024, the company has no ongoing operations or revenue.
- The company has not disclosed any customers, employees, revenue, or income.
Recent Ownership and Management:
- In December 2020, custody was taken over by Custodian Ventures LLC, which appointed David Lazar as CEO, President, Secretary, and Chairman.
- In July 2021, the controlling shareholder, Cardone Ventures, LLC, acquired approximately 96.7% of the company through a private transaction, investing $250,000.
- Brandon Dawson became the CEO, President, Secretary, and a director after the transfer.
Financials:
- As of December 31, 2024, the company has only minimal assets ($845) and liabilities ($181,806), mainly accrued expenses and related-party notes.
- The company has not generated revenue nor paid dividends.
- The net loss for the year ended December 31, 2024, was $71,996.
- Total stockholders’ equity as of December 31, 2024, is a deficit of $180,960.
Employees and Customers:
- The company currently has no employees beyond a part-time, unpaid consulting entity.
- No customers are currently serviced or active.
Market Status:
- Its common stock is not actively traded; it is quoted on the OTC Pink Market with limited and sporadic trading.
- As of April 15, 2025, 87,230,654 shares of common stock are issued and outstanding.
- The company does not have any formal equity compensation plans or outstanding options.
Regulatory and Governance:
- The company does not currently have a Board of Directors or independent directors.
- It has no formal committees, such as an audit committee.
- Management has identified weaknesses in internal controls, including lack of segregation of duties and written policies.
Summary:
Moveix Inc. is a development-stage company with an intended focus on electric transportation products, primarily hoverboards, with plans to expand geographically. It currently has no operations, customers, employees, revenue, or income. The company is controlled by a majority shareholder, Cardone Ventures, LLC, and has minimal financial assets and liabilities. Its stock is not actively traded, and it has not yet developed a business or revenue-generating activity.
