Company Summary: Vestiage, Inc.

Business Overview

• Type of Company: Development stage company focused on mergers, acquisitions, and financial transactions.
• Current Business Plan: Has not yet implemented a specific business plan or operational activities, actively seeking potential business combination opportunities.
• Primary Industry Focus: Currently no active revenue-generating business; moving toward acquiring or merging with operating entities.

Historical Business Activities

• Previous Operations (Until 2015):
  • Originally incorporated as The Harvard Learning Centers, Inc. in Florida (2006).
  • Had various business names and operations in retail, distribution, and hospitality before focusing on nutraceuticals through Vestiage Inc. (2013).
  • Vestiage Inc. (Post-2013): Was in the nutraceuticals business, marketing three health-related products.
  • Business Discontinuation: Operations abandoned in September 2015; legal custodianship established in 2021 due to lack of management, filing revocation of corporate charter.
  • Disposal of Business: Sold its subsidiary FFC (Fun Fitness Corporation) in December 2023, recognizing a small gain.

Current Activities and Focus

• Merger and Acquisition Goals:
  • Moving toward mergers, acquisitions, and exploring business opportunities across various industries.
  • Currently seeking viable business combination opportunities without definitive agreements.
• Target Sectors: No specific sectors specified; potential involvement in fitness industry (e.g., gyms) or related health sectors.
• Partnerships and Potential Expansions:
  • Considering partnering or acquiring fitness gyms and related entities to generate revenue and establish brand presence.
• Employees:
  • As of December 31, 2024, the company has 2 officers and 1 director.
  • Management has limited experience in acquisitions and is hiring additional personnel as funding becomes available.

Financial Highlights

• Revenue: No revenue has been generated to date.
• Net Income:
  • 2024: Loss of $52,675.
  • 2023: Net income of $48,929 (primarily from gain on disposal of subsidiary).
• Assets & Liabilities (2024):
  • Total Assets: $0 (indicates no active operations or holdings).
  • Total Liabilities: $110,370.
  • Stockholders’ Deficit: $110,370.
• Funding: Reliant on private offerings, shareholder loans, and advances from related parties; no external or income-generating activity currently.

Additional Details

• Market Presence:
  • Quoted on OTC Pink Sheets under the symbol VEST.
  • Limited liquidity, no established public trading market.
  • As of April 10, 2025, stock closed at $0.0080 per share.
• Shareholders:
  • Approximate shareholders: 856 holders.
  • Outstanding shares as of December 31, 2024: 363,578,236 common shares.
  • Largest shareholder: Well Profit Holdings Limited, holding the majority of voting shares (91.17%).

Key Developments and Management

• Change of Control (August 2023):
  • Major shareholder sold 300,000 shares of Convertible Series D Preferred Stock and issued 305 million shares of restricted common stock to Well Profit Holdings Limited.
• Management & Governance:
  • Currently no independent directors.
  • Management includes Raymond Fu (CEO, Chairman, CFO) and Timothy Lam (Secretary).
  • Management has limited experience in acquisitions; actively seeking to add expertise.

Summary

Vestiage, Inc. is currently a shell or development-stage company with no active revenue, operations, or customers. Its current focus is on seeking and executing business mergers or acquisitions, particularly in fitness and health-related sectors, to transition into an operational business. The company's assets are minimal, liabilities are present, and it relies on external funding and shareholder advances to sustain its activities.