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Private company

GIVEMEPOWER CORP

GIVEMEPOWER CORP is an American real estate company based in Calgary.1

Last updated Oct 21, 2026.

Overview

$0Revenue, fiscal 20242
-$22.5KNet income, fiscal 20243
  • IndustryReal Estate1
  • HeadquartersCalgary, Canada1
  • Incorporated inNV4
  • Business address#204, 16 Midlake Blvd. Se, Calgary, A0 T2X 2X74
  • Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company4

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Our real estate division invests in Opportunity Zones, Affordable Housing, and specialized real estate properties.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Revenue67892$0 in 2024
0$500.0K$1.0M$1.5M2019: $464$46420192020: $1.3M$1.3M2020+270039%2021: $700.4K$700.4K2021−44%2022: $490.0K$490.0K2022−30%2023: $0$020232024: $0$02024
Gross profit789-$55.3K in 2022
-$100.0K-$50.0K0$50.0K$100.0K2020: $73.6K$73.6K20202021: -$22.0K-$22.0K20212022: -$55.3K-$55.3K2022+152%
Operating income7892-$22.5K in 2024−74% since 2020
-$150.0K-$100.0K-$50.0K02020: -$85.8K-$85.8K20202021: -$76.8K-$76.8K2021−11%2022: -$111.4K-$111.4K2022+45%2023: -$40.6K-$40.6K2023−64%2024: -$22.5K-$22.5K2024−45%
Net income63-$22.5K in 2024
-$150.0K-$100.0K-$50.0K0$50.0K2019: $379$37920192020: -$83.0K-$83.0K20202021: -$76.8K-$76.8K2021−7%2022: -$111.4K-$111.4K2022+45%2023: -$4.9K-$4.9K2023−96%2024: -$22.5K-$22.5K2024+357%
Fiscal year2018201920202021202220232024
Revenue$4646$1.3M7$700.4K8$490.0K9$02$02
Cost of revenue$06$1.2M7$722.3K8$545.3K9
Gross profit$73.6K7-$22.0K8-$55.3K9
Selling, general and admin$716$57.1K6
Operating expenses$54.8K8$56.1K9$40.6K2$22.5K2
Operating income-$85.8K7-$76.8K8-$111.4K9-$40.6K2-$22.5K2
Interest$146$3.0K7$1.1K9
Income tax$06
Net income$3796-$83.0K3-$76.8K3-$111.4K3-$4.9K3-$22.5K3
Earnings per share-$0.008-$0.009-$0.002-$0.002
Earnings per share (diluted)-$0.009-$0.002-$0.002
Shares (weighted, basic)42.7M shares843.8M shares943.8M shares243.8M shares2
Shares (weighted, diluted)43.8M shares943.8M shares243.8M shares2

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What it owns

What GIVEMEPOWER CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Real estate and locations

ItemLatestA year beforeChange
Real estate investments, net$02 Dec 31, 2024$09 Dec 31, 2023

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$4.2K2 Dec 31, 2024$5162 Dec 31, 2023+720.2%

Properties, in its own words

We do not own any property as at the date of filing we have no properties. Our principal business, executive and registered statutory office is located at 370 Amapola Ave., Suite 200A, Torrance, CA 90501 and our telephone number is (310) 895-1839 and email contact is invest@cbdxfund.com..

Item 2 of the 10-K filed Apr 15, 2025.5

Leadership

Who has led GIVEMEPOWER CORP, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Frank I. Igwealor2023–2024

President

  1. Frank I. Igwealor2023–2024
2025
Board members and other officers (1)

Timeline

  1. Nov 29, 20248-K Regulation FD disclosure; Other events17
  2. Nov 17, 2023New chief executive Frank I. Igwealor becomes CEO16
  3. Apr 6, 20238-K Completed an acquisition or sale; Unregistered sale of shares; Other events18
  4. Dec 29, 20228-K Other events19
  5. Dec 29, 20228-K Other events20
  6. Jan 24, 20228-K Other events21

Filings

45 filings to the SEC since October 2021: 5 annual reports, 19 quarterly reports, 5 major events, 2 insider forms, 14 other. The latest 20:

  1. Nov 12, 202515-12G EDGAR
  2. Nov 7, 202510-Q EDGAR
  3. Aug 14, 202510-Q EDGAR
  4. May 21, 202510-Q EDGAR
  5. May 15, 2025NT 10-Q EDGAR
  6. Apr 15, 202510-K EDGAR
  7. Mar 27, 2025NT 10-K EDGAR
  8. Dec 9, 202410-K/A EDGAR
  9. Nov 29, 20248-K EDGAR
  10. Nov 19, 202410-Q EDGAR
  11. Nov 4, 2024NT 10-Q EDGAR
  12. Aug 13, 202410-Q EDGAR
  13. May 20, 202410-Q EDGAR
  14. May 13, 2024NT 10-Q EDGAR
  15. Apr 17, 202410-K EDGAR
  16. Mar 28, 2024NT 10-K EDGAR
  17. Feb 9, 2024AW EDGAR
  18. Feb 1, 20244 EDGAR
  19. Dec 27, 2023POS AM EDGAR
  20. Nov 17, 20234 EDGAR

The 45 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

2 open-market trades by officers, directors and large owners since October 2021: 2 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jan 31, 2024Igwealor Frank IPresident and CEOBuy369,026$0.02$7.4KForm 4
Nov 14, 2023Igwealor Frank IPresident and CEOBuy812,082$0.02$16.2KForm 4

From Forms 4 filed with the SEC.

SEC filer profile

How GIVEMEPOWER CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGIVEMEPOWER CORP1
  • CIK0001064722
  • Employer ID (EIN)80-09846465
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company5
  • Incorporated inNevada5
  • Fiscal year endsDecember 311
  • Industry code (SIC)6500 Real Estate1
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
  • Business address#204, 16 Midlake Blvd. Se, Calgary, A0 T2X 2X71
  • Phone40328760011
  • Shares outstanding43,792,804 as of Sep 30, 20253
  • Public float$104.7K as of Dec 31, 20245
  • AuditorM. S. Madhava Rao, Bangalore, India PCAOB ID 66625
  • On EDGAR sinceAug 10, 20011
  • Filings168 in all: 10-Q (18), 10QSB (17), NT 10-Q (16), CORRESP (13), UPLOAD (13), 8-K (11), NT 10-K (10), 10-Q/A (8)1
    All 29 form types

    S-1/A (8), 10-12G/A (6), 10-K (6), 4 (6), 5 (6), 10KSB (5), SB-2/A (5), 8-K/A (3), S-8 (3), 10-K/A (2), 10QSB/A (2), 10-12G (1), 15-12G (1), 15-15D (1), AW (1), DEL AM (1), EFFECT (1), POS AM (1), REGDEX (1), S-1 (1), SB-2 (1)

  • Latest filingsAnnual report (10-K) Apr 15, 2025
    Quarterly report (10-Q) Nov 7, 2025
    Latest 8-K (8-K) Nov 29, 2024

Risk factors and legal proceedings

The risks GIVEMEPOWER CORP names in Item 1A of its 10-K filed Apr 15, 2025: 70 risks under these headings, as written.5

  • RISKS RELATED TO OUR BUSINESS AND INDUSTRY
  • We are a company with a relatively limited operating history, which may result in increased risks, uncertainties, expenses and difficulties, and makes it difficult to evaluate our future prospects.
  • The COVID-19 pandemic has harmed and could continue to harm our business, financial condition and results of operations.
  • If we are unable to develop and continuously improve our ML- AI models or if our ML- AI models contain errors or are otherwise ineffective, our growth prospects, business, financial condition and results of operations would be adversely affected.
  • Risks Related to the Digital Currency Industry
  • The characteristics of digital currency have been, and may in the future continue to be, exploited to facilitate illegal activity such as fraud, money laundering, tax evasion and ransomware scams; if any of our customers do so or are alleged to have done so, it could adversely affect us.
  • Risks Related to Our Digital Currency Initiative
  • The majority of the Digital Bank’s deposits are from businesses involved in the digital currency industry. As a result, we rely heavily on the success of the digital currency industry, the development and acceptance of which is subject to a variety of factors that are difficult to evaluate.
  • We may not be able to implement aspects of our growth strategy, which may impact our position as the leading provider of innovative financial infrastructure solutions and services to participants in the digital currency industry and adversely affect our ability to maintain our recent growth and earnings trends.
  • The Bank would have large depositor relationships that would be concentrated in the digital currency industry generally and among digital currency exchanges in particular, the loss of any of which could force us to fund our business through more expensive and less stable sources.
  • The prices of digital currencies are extremely volatile. Fluctuations in the price of various digital currencies may cause uncertainty in the market and could negatively impact trading volumes of digital currencies and therefore the extent to which participants in the digital currency industry demand our services and solutions, which would adversely affect our business, financial condition and results of operations.
  • Risks Related to Cybersecurity and Technology
The other 62 risks
  • System failure or cybersecurity breaches of our network security could subject us to increased operating costs as well as litigation and other potential losses.
  • We may not have the resources to keep pace with rapid technological changes in the industry or implement new technology effectively.
  • Our operations could be interrupted if our third-party service providers experience operational or other systems difficulties, terminate their services or fail to comply with banking regulations.
  • Risks Related to Our Traditional Banking Business
  • As a business operating in the financial services industry, our business and operations may be adversely affected in numerous and complex ways by weak economic conditions.
  • We would face strong competition from financial services companies and other companies that offer banking services.
  • We may not be able to measure and limit our credit risk adequately, which could lead to unexpected losses.
  • Appraisals and other valuation techniques we use in evaluating and monitoring loans secured by real property, other real estate owned and repossessed personal property may not accurately describe the net value of the asset.
  • In the case of defaults on loans secured by real estate, we may be forced to foreclose on the collateral, subjecting us to the costs and potential risks associated with the ownership of the real property, or consumer protection initiatives or changes in state or federal law that may substantially raise the cost of foreclosure or prevent us from foreclosing at all.
  • We are subject to claims and litigation pertaining to intellectual property.
  • We may not be able to protect our intellectual property rights, and may become involved in lawsuits to protect or enforce our intellectual property, which could be expensive, time consuming and unsuccessful.
  • We may be subject to environmental liabilities relating to the real properties we own and the foreclosure on real estate assets securing loans in our loan portfolio.
  • The Bank’s mortgage warehouse division may not continue to provide us with significant non-interest income and interest income.
  • The Bank’s mortgage warehouse lending business may expose us to increased lending and other risks.
  • A lack of liquidity could impair our ability to fund operations and adversely impact the Bank’s business, financial condition and results of operations.
  • By engaging in derivative transactions, we would be exposed to additional credit and market risk.
  • We would be dependent on the use of data and modeling in our management’s decision-making, and faulty data or modeling approaches could negatively impact our decision-making ability or possibly subject us to regulatory scrutiny in the future.
  • The Bank’s would be subject to interest rate risk as fluctuations in interest rates may adversely affect our earnings.
  • The potential cessation of LIBOR and the uncertainty over possible replacements for LIBOR may adversely affect the Bank’s business.
  • Any future failure to maintain effective internal control over financial reporting could impair the reliability of our financial statements, which in turn could harm our business, impair investor confidence in the accuracy and completeness of our financial reports and our access to the capital markets and cause the price of our common stock to decline and subject us to regulatory penalties.
  • The accuracy of our financial statements and related disclosures could be affected if the judgments, assumptions or estimates used in our critical accounting policies are inaccurate.
  • There could be material changes to our financial statements and disclosures if there are changes in accounting standards or regulatory interpretations of existing standards
  • We could recognize losses on investment securities held in our securities portfolio, particularly if interest rates increase or economic and market conditions deteriorate.
  • We are subject to certain operational risks, including, but not limited to, customer, employee or third-party fraud and data processing system failures and errors.
  • We rely heavily on our executive management team and other key employees, and we could be adversely affected by the unexpected loss of their services.
  • Negative public opinion regarding the Company or failure to maintain our reputation in the communities we serve could adversely affect our business and prevent us from growing our business.
  • We may not be able to raise the additional capital needed, in absolute terms or on terms acceptable to us, to fund our growth in the future if we continue to grow at our current pace.
  • Risks Related to Regulation
  • There is substantial legal and regulatory uncertainty regarding the regulation of digital currencies and digital currency activities. This uncertainty or adverse regulatory changes may inhibit the growth of the digital currency industry, including our customers, and therefore have a material adverse effect on the digital currency initiative.
  • Legislative and regulatory actions taken now or in the future may increase our costs and impact our business, governance structure, financial condition or results of operations.
  • Changes in tax laws and regulations, or changes in the interpretation of existing tax laws and regulations, may have a material adverse effect on our business, financial condition, results of operations and growth prospects.
  • Because of the Dodd-Frank Act and related rulemaking, the Bank and the Company are subject to more stringent capital requirements.
  • Federal banking agencies periodically conduct examinations of our business, including our compliance with laws and regulations, and our failure to comply with any supervisory actions to which we are or become subject based on such examinations could adversely affect us.
  • Our regulators may limit current or planned activities related to the digital currency industry.
  • Financial institutions, such as the Bank, face risks of noncompliance and enforcement actions related to the BSA and other anti-money laundering statutes and regulations (in particular, as such statutes and regulations relate to the digital currency industry).
  • We are subject to anti-corruption laws, including the U.S. Foreign Corrupt Practices Act, or FCPA, and we may be subject to other anti-corruption laws, as well as anti-money laundering and sanctions laws and other laws governing our operations, to the extent our business expands to non-U.S. jurisdictions. If we fail to comply with these laws, we could be subject to civil or criminal penalties, other remedial measures, and legal expenses, which could adversely affect our business, financial condition and results of operations.
  • Once we acquire a bank, we would be subject to numerous laws and regulations, designed to protect consumers, including the Community Reinvestment Act and fair lending laws, and failure to comply with these laws or regulations could lead to a wide variety of sanctions.
  • Increases in FDIC insurance premiums could adversely affect our earnings and results of operations.
  • The Federal Reserve may require us to commit capital resources to support the Bank at a time when our resources are limited, which may require us to borrow funds or raise capital on unfavorable terms.
  • We are exposed to a various types of credit risk due to interconnectivity in the financial services industry and could be adversely affected by the insolvency of other financial institutions.
  • Monetary policies and regulations of the Federal Reserve could adversely affect our business, financial condition and results of operations.
  • Risks Related to an Investment in Our Common Stock
  • The market price of our common stock may be subject to substantial fluctuations, which may make it difficult for you to sell your shares at the volume, prices and times desired.
  • While our growth strategy is focused on the digital currency industry, investors should not expect that the value of our common stock to be correlated with the value of digital currencies. Investing in our common stock is not a proxy for gaining exposure to digital currencies.
  • RISKS RELATED TO OUR INDUSTRY
  • Our limited operating history makes evaluating our business and future prospects difficult, and may increase the risk of your investment.
  • RISKS RELATED TO OUR BUSINESS
  • We have a limited operating history, and may not be able to operate our business successfully or generate sufficient cash flow to sustain distributions to our stockholders.
  • Risks Related to Our Real Estate Investments and Operations
  • Our current real estate portfolio consists of zero investment properties and will likely continue to be concentrated in a limited number of properties in the future, which subjects us to an increased risk of significant loss if any property declines in value or if we are unable to lease a property.
  • General real estate investment risks may adversely affect property income and values.
  • Short-term leases expose us to the effects of declining market rents, and the Company may be unable to renew leases or relet units as leases expire.
  • National and regional economic environments can negatively impact the Company’s liquidity and operating results.
  • Rent control, or other changes in applicable laws, or noncompliance with applicable laws, could adversely affect the Company’s operations or expose us to liability.
  • Acquisitions of multifamily properties involve various risks and uncertainties and may fail to meet expectations.
  • Development and redevelopment activities may be delayed, not completed, and/or not achieve expected results.
  • Our apartment multifamily properties may be subject to unknown or contingent liabilities which could cause us to incur substantial costs.
  • The geographic concentration of the Company’s multifamily properties and fluctuations in local markets may adversely impact the Company’s financial condition and operating results.
  • Our success depends on certain key personnel.
  • We rely on highly skilled and qualified personnel, and if we are unable to continue to attract and retain such qualified personnel it will adversely affect our businesses.
  • If we are unable to effectively manage organizational productivity and global supply chain efficiency and flexibility, then our business could be adversely affected.
  • Our operating results may fluctuate significantly, which may cause the market price of our common stock to decrease significantly.
  • We have a history of losses, have generated limited revenue to date, and may continue to suffer losses in the future.
  • We will require substantial additional funding, which may not be available to us on acceptable terms, or at all, and, if not available may require us to delay, scale back or cease our marketing or product development activities and operations.
  • We may sell additional equity or debt securities or enter into other arrangements to fund our operations, which may result in dilution to our stockholders and impose restrictions or limitations on our business.
  • Acquisitions we pursue in our industry and related industries could result in operating difficulties, dilution to our stockholders and other consequences harmful to our business.
  • Interruption or failure of our information technology systems could impair our ability to effectively and timely provide our services and products, which could damage our reputation and have an adverse impact on our operating results.
  • Our insurance policies are expensive and only protect us from some business risks, which will leave us exposed to significant uninsured liabilities.

Legal proceedings

From time to time we may be involved in litigation relating to claims arising out of the operation of our business in the normal course of business. Other than as described below, as of the date of this filing we are not aware of potential dispute or pending litigation and are not currently involved in a litigation proceeding or governmental actions the outcome of which in management’s opinion would be material to our financial condition or results of operations. An adverse result in these or other matters may have, individually or in the aggregate, a material adverse effect on our business, financial condition or operating results.

GiveMePower is currently in litigation with the United States Securities and Exchange Commission in an action filed by the SEC in the Central District of California styled Securities and Exchange Commission v. Frank Igwealor, et al., 2:24-cv-09941-SRM-PD.

The opening of Item 3, Legal Proceedings.5

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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    SEC EDGAROther events
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    SEC EDGAROther events