Xenous Holdings, Inc. is a shell company focused on acquiring or merging with operating businesses across any industry and location, with no current active business operations.

# Company Summary: Xenous Holdings, Inc.

## Overview
- **Current Business Operations:** None. The company is actively seeking and investigating potential assets, properties, or businesses for acquisition, with no material ongoing business activities.

## Corporate History
- **Incorporation:** May 20, 1980, as Dayne Weiss and Associates, Inc. under Utah law.
- **Acquisition of Concept Technologies, Inc. (CTI):** January 4, 1990; CTI became a wholly owned subsidiary.
- **Dissolution of CTI:** January 1991.
- **Rebranding and Domicile Change:**
  - December 19, 2014: Changed state of incorporation to Nevada; renamed to Concept Holding Corporation.
  - August 14, 2017: Merged with its wholly owned subsidiary M101 Corp., surviving entity, and rebranded as M101 Corp.
  - November 2, 2019: Shareholders approved renaming to Xenous Holdings, Inc.
  - November 19, 2019: State of Nevada accepted the name change.

## Business Activities
- **Main Purpose:** Act as a vehicle to acquire or merge with a business or company.
- **Operations:** No current product or service offerings, distribution methods, patents, trademarks, or business operations.
- **Plans for Next 12 Months:**
  - Explore industries of interest.
  - Develop business plans.
  - Fund or acquire a “going concern” engaged in a selected industry.
- **Market Focus:** No restriction on industry or geographic region; plans depend on available opportunities.
- **Acquisition Strategy:** Prioritize companies with audited financial statements; aware that many private companies lack such statements, which could limit opportunities.
- **Management Approach:** Select potential opportunities based on judgment, including visits, management checks, and due diligence, but activities are limited by resources and time.

## Financial and Operational Data
- **Employees:** None.
- **Customers:** None; no products or services.
- **Revenue and Income:** None, as there is no current business operation.
- **Assets:** No material assets or cash reserves; limited resources.

## Regulatory and Legal
- Subject to SEC reporting requirements (as a smaller reporting company) and Sarbanes-Oxley compliance.
- No patents, trademarks, licenses, or significant regulatory approvals required currently.
- No ongoing legal proceedings.

## Additional Information
- **Cybersecurity:** Very limited IT infrastructure; minimal cybersecurity measures.
- **Properties:** Operates office space in Hong Kong at 67 Mody Road, Tsim Sha Tsui, East Kowloon.

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**Summary:** Xenous Holdings, Inc. is currently a shell company with no active business operations. Its primary purpose is to identify and potentially acquire or merge with existing operating businesses across any industry and geographical location. The company has never generated revenue or incurred income and holds no significant assets or liabilities.

Xenous Holdings, Inc. is a non-operational holding company focused on acquiring potential businesses while facing financial challenges due to its lack of revenue and customers.


# Company Summary: Xenous Holdings, Inc.

## Background
- **Incorporation**: Founded on May 20, 1980, originally named Dayne Weiss and Associates, Inc., in Utah.
- **Subsidiary Acquisition**: Acquired Concept Technologies, Inc. (CTI) on January 4, 1990. CTI was dissolved in January 1991; the Company was renamed Concept Technologies, Inc.
- **Name and Domicile Changes**:
  - Changed state of incorporation to Nevada and renamed to Concept Holding Corporation on December 19, 2014.
  - Merged with its wholly-owned subsidiary, M101 Corp., and renamed to M101 Corp. on August 14, 2017.
  - Renamed to Xenous Holdings, Inc. on November 19, 2019.

## Current Operations
- As of now, **Xenous Holdings, Inc. has no business operations** and is primarily focused on seeking potential assets or businesses to acquire.
- The company's operational plan includes:
  1. Considering industry guidelines for potential interests.
  2. Developing a business plan for selected industries.
  3. Commencing operations via funding or acquisition of a going concern.

## Financial and Operational Details
- **Employees**: The Company does not currently have any employees.
- **Revenue**: There is no reported revenue, as there are no business operations.
- **Customers**: The Company lacks any customers due to its non-operational status.
- **Income**: The Company has not generated any income for several years.

## Recent Developments
- **Memorandum of Understanding (MOU)**: 
  - Entered into an MOU on November 11, 2022, with Dadvance Agarwood Alpha Sdn Bhd.
  - Dadvance is involved in agro-commodities related to Aquilaria trees and their products in Malaysia. 
  - **Valuation**: A valuation report estimated Dadvance at approximately $20 million, with future projections estimating value to rise to approximately $76 million within 3 to 4 years.
- **Acquisition Attempts**: The Company has been pursuing the acquisition of Dadvance, but discussions regarding the acquisition terms were unsuccessful.

## Competition and Market Position
- Xenous operates in a competitive landscape with numerous shell companies and may face difficulties due to its lack of assets and operational history.

## Regulatory Environment
- Subject to the reporting requirements of Section 13 of the Securities Exchange Act of 1934 and the Sarbanes-Oxley Act of 2002, which imposes significant compliance costs and obligations.

## Properties
- **Office Location**: The Company operates from an office space located in Room 1120, 11th Floor, Peninsula Centre, 67 Mody Road, Tsim Sha Tsui, East Kowloon, Hong Kong.

## Legal Standing
- There are currently no legal proceedings against the Company or its management that management is aware of.

## Cybersecurity
- The Company acknowledges limited cybersecurity measures in place due to its non-operational status and the nature of its business.




Xenous Holdings, Inc.

10-K / June 27, 2025

10-K / June 27, 2024

10-K / June 27, 2025

Company Summary: Xenous Holdings, Inc.

Overview

Corporate History

Business Activities

Financial and Operational Data

Regulatory and Legal

Additional Information