Private company
Global Industry Products, Corp.
Global Industry Products, Corp. is an American wholesale-paper and paper products company based in Las Vegas.1
Last updated Oct 21, 2026.
Overview
- IndustryWholesale-Paper & Paper Products1
- HeadquartersLas Vegas, Nevada1
- Incorporated inNV2
- Business address7770 Dean Martin Dr., Ste. 303, Las Vegas, Nv 891392
- Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company2
- Legal formCorporation
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A requirement to have only two years of audited financial statement and only two years of related Management Discussion and Analysis Disclosures:3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue74¢$2.1M
- Other costs26¢$745.4K
- Interest0¢$2.2K
Out of $2.8M in revenue.4 The company lost money this year.
Financial statements
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $3.1M4 | $2.8M4 | |
| Cost of revenue | $2.2M4 | $2.1M4 | |
| Gross profit | $972.1K4 | $747.6K4 | |
| Operating expenses | $1.3M4 | $1.2M4 | |
| Operating income | -$562.5K4 | ||
| Interest | $4.2K4 | $2.2K4 | |
| Income before tax | -$282.9K4 | -$562.5K4 | |
| Net income | -$38.2K5 | -$282.9K4 | -$562.5K4 |
| Earnings per share | -$0.014 | -$0.034 | |
| Earnings per share (diluted) | -$0.014 | -$0.034 | |
| Shares (weighted, basic) | 22.5M shares4 | 22.5M shares4 | |
| Shares (weighted, diluted) | 22.5M shares4 | 22.5M shares4 |
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Cash | $35.3K4 | $160.4K4 | $160.4K4 |
| Receivables | $350.9K4 | $286.5K4 | |
| Inventory | $966.0K4 | $682.8K4 | |
| Current assets | $1.7M4 | $1.1M4 | |
| Property, plant and equipment | $66.3K4 | $42.0K4 | |
| Goodwill | $27.5K4 | $20.1K4 | |
| Intangible assets | $205.1K4 | $197.9K4 | |
| Total assets | $2.2M4 | $2.3M4 | |
| Accounts payable | $103.8K4 | $84.3K4 | |
| Short-term debt | $32.6K4 | $8.8K4 | |
| Current liabilities | $251.7K4 | $418.3K4 | |
| Long-term debt | $156.2K4 | $145.4K4 | |
| Total liabilities | $408.8K4 | $1.1M4 | |
| Retained earnings | -$4.1M4 | -$4.6M4 | |
| Shareholders’ equity | $1.7M4 | $1.8M4 | $1.2M4 |
| Shares outstanding | 22.4M shares4 | 22.5M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
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What it owns
What Global Industry Products, 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.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $195.1K4 Dec 31, 2025 | $261.3K4 Dec 31, 2024 | −25.3% |
| Accumulated depreciation | $153.1K4 Dec 31, 2025 | $195.1K4 Dec 31, 2024 | −21.5% |
| Property and equipment, net | $42.0K4 Dec 31, 2025 | $66.3K4 Dec 31, 2024 | −36.6% |
| Operating-lease assets (leased space) | $813.8K4 Dec 31, 2025 | $101.2K4 Dec 31, 2024 | +703.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $160.4K4 Dec 31, 2024 |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $20.1K4 Dec 31, 2025 | $27.5K4 Dec 31, 2024 | −26.9% |
| Intangible assets, net (excluding goodwill) | $197.9K4 Dec 31, 2025 | $205.1K4 Dec 31, 2024 | −3.5% |
| Finite-lived intangibles, gross | $431.7K4 Dec 31, 2025 | $420.5K4 Dec 31, 2024 | +2.6% |
| Accumulated amortization | $233.7K4 Dec 31, 2025 | $215.4K4 Dec 31, 2024 | +8.5% |
| Finite-lived intangibles, net | $197.9K4 Dec 31, 2025 | $205.1K4 Dec 31, 2024 | −3.5% |
Inventory
Properties, in its own words
DESCRIPTION OF PROPERTIES/ASSETS
(a) · Real Estate. · None.
The rest of Item 2
(b) · Title to properties. · None.
(c) · Patents, Trade Names, Trademarks and Copyrights · *
* The following brands are owned by Global Industry Products, Corp.:
A division of Global Industry Products (GIP), sales office supplies and other non-durable goods to customers in the Las Vegas marketplace. The website is www.VegasRetailSupply.com. · 2010 · 100%
Complete line of branded paper roll products. Serving all of USA and Canada. Patriot paper logo is a pending registered Trademark. The website is www.PatriotPaperProducts.com. · 2019 · 100%
Sous Chef is a source for the Food Service professionals for quality disposable products. Currently branding beverage napkins, plastic cups and straws. Sous Chef logo is a pending registered Trademark. The website is www.SousChefProducts.com. · 2017 · 100%
The Buffalo Eraser Sponge is more powerful, more durable, more effective, more efficient, and more versatile than the Mr. Clean Magic Eraser and lasts more than 10x longer. The Buffalo Eraser Sponge has retailed on Amazon, in Las Vegas area Wal-Marts and was featured on the Home Shopping Network. The Buffalo Clean brand will continue to expand its line with additional high-quality cleaning products Buffalo Sponge is a registered Trademark. The website is www.BuffaloClean.com. · 2017 · 100%
Quality line of personal paper products. Current branding of toilet seat covers, toilet tissue and facial tissue. Bellasoft is a pending registered Trademark. The website is www.BellasoftPaper.com. · 2014 · 100%
Initial branding of gloves, trash liners and safety glasses. The website is www.FlexPlusIndustries.com. · 2017 · 100%
100% Guaranteed Compatible ribbons, toners and ink cartridges. Complete line of branded products. RTCInk is a pending registered Trademark. The website is www.RTCInk.com. · 2016 · 100%
Environmentally Necessary ® is a pending registered trademark owned by GIP. Licensing is available for identifying products that everyone should use to support the wellbeing of our planet. Licensing of trademark is offered for no cost during for first year of use subsequent years licensing based on product sales volume. The website is www.EnvironmentallyNecessary.com. · 2016 · 100%
The FitBoxr is a new portable exercise product where resistance bands are affixed to the harness to perform weight resistance exercises. FitBoxr is patented and has a Registered trademark. Great for young and old. Use it at home, at the office, while traveling or at the gym. The FitBoxr is adjustable to fit and has interchangeable resistance bands for different strength levels. It is sold currently through FitBoxr.com, Amazon and previously sold on Home Shopping Network. The website is www.FitBoxr.com. · 2019 · 100%
Additional branding of the FitBoxr to include various fitness products with a more general market appeal. Registered Trademark is pending. The website is www.FitBodi.com. · 2021 · 100%
Fitness training classes, courses and music. The website is www.FitBoxing.com. · 2019 · 100%
Smack-Out is a new 2025 family fun board game and owned by GIP. Smack-Out has been tested and approved by both children and adults. Pending license for distribution in Asia and Europe is currently being negotiated. Will be distributed by GIP in North America. International patents pending and trademarks pending. The website is www.Smack-Out.com. · 2023 · 100%
We do not own any real property but lease an office space. On May 1, 2025, the Company executed a non-cancellable lease in a warehouse complex at a new location at 7770 Dean Martin Dr.; Las Vegas, NV 89139 for a base rent of $16,390.00, $19,668.00, $23,437.70, $23,437.70 and $23,437,70 for May 2025, June 2025, July 2025, August 2025 and September 2025 respectively. Base rent increased to $24,421 beginning on October 1, 2025, with a 4.3% annual increase and initial cams of $4,442.63. The lease will expire on October 31, 2028. The rent is payable on the first day of each month. The Company recorded an initial lease liability and right-of-use asset of $1,059,987 on May 1, 2025.
We believe that substantially all of our property and equipment is in good condition, subject to normal wear and tear, and that our facilities have sufficient capacity to meet the current needs of our business.
Item 2 of the 10-K filed Apr 28, 2026.3
Leadership
Named in SEC Form D filings
People the company listed in its private-offering notices.
Filings
14 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 1 private raises, 8 other. The latest 14:
- Aug 11, 202610-Q EDGAR
- May 20, 202610-Q EDGAR
- May 15, 2026NT 10-Q EDGAR
- Apr 28, 202610-K EDGAR
- Apr 6, 2026D EDGAR
- Mar 31, 2026NT 10-K EDGAR
- Mar 2, 2026EFFECT EDGAR
- Feb 26, 2026CORRESP EDGAR
- Feb 4, 2026CORRESP EDGAR
- Feb 4, 2026S-1/A EDGAR
- Feb 4, 202610-Q/A EDGAR
- Nov 20, 202510-Q EDGAR
- Nov 17, 2025NT 10-Q EDGAR
- Sep 30, 2025S-1 EDGAR
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- PPP loans $154.0K
Figures by year
| Year | PPP loans | Total |
|---|---|---|
| 2020 | $154.0K | $154.0K |
Private raises
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
PPP loans
Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA9. Matched to this company by name and state.
- May 1, 2020$154.0K PPP loan (first draw) from Bank of America, National Association9To GLOBAL INDUSTRY PRODUCTS CORP, Las Vegas NV; $149.0K forgiven Mar 10, 2021
SEC filer profile
How Global Industry Products, Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARGlobal Industry Products, Corp.1
- CIK0001466369
- Employer ID (EIN)26-42814453
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; not a shell company3
- Incorporated inNevada3
- Fiscal year endsDecember 311
- Industry code (SIC)5110 Wholesale-Paper & Paper Products1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address7770 Dean Martin Dr., Ste. 303, Las Vegas, NV 891391
- Phone800-662-22961
- Shares outstanding22,533,783 as of Aug 10, 20267
- Public float$0 as of Jun 30, 20254
- AuditorBush and Associates CPA LLC, Las Vegas, Nevada PCAOB ID 6797; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceJun 16, 20091
- Filings15 in all: 10-Q (3), CORRESP (2), D (2), NT 10-Q (2), 10-K (1), 10-Q/A (1), EFFECT (1), NT 10-K (1)1
All 10 form types
S-1 (1), S-1/A (1)
- Latest filingsAnnual report (10-K) Apr 28, 2026
Quarterly report (10-Q) Aug 11, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| N/A |
From the cover page of the 10-K filed Apr 28, 2026 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
The risks Global Industry Products, Corp. names in Item 1A of its 10-K filed Apr 28, 2026: 1 risk under these headings, as written.3
- RISKS RELATED TO OUR SECURITIES
Legal proceedings
We are not currently involved in any litigation that we believe could have a material adverse effect on our financial condition or results of operations. There is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive officers of our company or any of our subsidiaries, threatened against or affecting our company, our common stock, any of our subsidiaries or of our companies or our subsidiaries’ officers or directors in their capacities as such, in which an adverse decision could have a material adverse effect. We anticipate that we (including current and any future subsidiaries) will from time to time become subject to claims and legal proceedings arising in the ordinary course of business. It is not feasible to predict the outcome of any such proceedings and we cannot assure that their ultimate disposition will not have a materially adverse effect on our business, financial condition, cash flows or results of operations.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
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