LGSP on OTC

LEGEND SPICES, INC.

LEGEND SPICES, INC. is an American canned company based in Yerevan, incorporated in Nevada.2 Its shares trade on OTC under the symbol LGSP.2

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Last updated Oct 21, 2026.

Overview

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  • TickerLGSP on OTC2
  • IndustryCanned, Frozen & Preservd Fruit, Veg & Food Specialties2
  • HeadquartersYerevan, Armenia2
  • Incorporated inNV3
  • Business address14 Kajaznuni Street, Apt. 70, Yerevan3
  • Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company3
  • Legal formCorporation2
  • LEI549300RVMY3QHGZRHV732
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressc/o Vcorp Services, LLC, 701 S. Carson Street, Suite 200, 89701 Carson City, United States2
  • Registered withBusiness Center (Secretary of State), E14473962021-72

Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles.4 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

44.3%Gross margin5
-2405.0%Operating margin5
-2917.2%Net margin5
-90.7%Revenue growth, 20255

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue56¢$359
  • Other costs44¢$285

Out of $644 in revenue.56 The company lost money this year.

Financial statements

Revenue785$644 in 2025−86% since 2022
0$2.0K$4.0K$6.0K$8.0K2022: $4.6K$4.6K20222023: $5.8K$5.8K2023+26%2024: $6.9K$6.9K2024+20%2025: $644$6442025−91%
Gross profit785$285 in 2025+791% since 2022
0$500$1.0K$1.5K$2.0K2022: $32$3220222023: $668$6682023+1988%2024: $2.0K$2.0K2024+193%2025: $285$2852025−85%
Operating income785-$15.5K in 2025+56% since 2022
-$80.0K-$60.0K-$40.0K-$20.0K02022: -$9.9K-$9.9K20222023: -$62.8K-$62.8K2023+534%2024: -$31.1K-$31.1K2024−51%2025: -$15.5K-$15.5K2025−50%
Net income785-$18.8K in 2025+90% since 2022
-$80.0K-$60.0K-$40.0K-$20.0K02022: -$9.9K-$9.9K20222023: -$62.8K-$62.8K2023+534%2024: -$31.1K-$31.1K2024−51%2025: -$18.8K-$18.8K2025−40%

Every line of the income statement as filed: the last 2 fiscal years, latest first.5

Period ending2025-12-312024-12-31
Sales$644$6.9K
Cost of Goods sold$359$5.0K
Gross Profit$285$2.0K
Wages and benefits$254$3.1K
Professional Fees$15.5K$29.5K
Sales and Marketing$0$402
General and administration$26$71
Total operating expenses$15.8K$33.0K
Net Loss from operations-$15.5K-$31.1K
Loss on Impairment of Inventory$572$0
Bad Debt Expense$2.7K$0
Total Other Expenses$3.3K$0
Net Loss before income taxes-$18.8K-$31.1K
Income taxes$0$0
Net Loss-$18.8K-$31.1K
Foreign currency gain/ (loss)-$408$75
Net comprehensive loss-$19.2K-$31.0K
Basic$0.00$0.00
Diluted$0.00$0.00
Basic6.8M shares6.8M shares
Diluted6.8M shares6.8M shares

Compare LEGEND SPICES, INC. with another company

What it owns

What LEGEND SPICES, INC. 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.

Inventory

ItemLatestA year beforeChange
Inventory, total$05 Dec 31, 2025$6955 Dec 31, 2024−100.0%

Properties, in its own words

Presently, we do not own any interests in any real property. Our sole director and officer, has provided us with office space in his residence. This location currently serves as our primary office for planning and implementing our business plan. This location is also where our products are mixed, packaged and shipped from. This space is currently sufficient for our purposes, and we expect it to be sufficient for the foreseeable future. Our sole director and officer does not charge our company for use of this space.

Item 2 of the 10-K filed Aug 12, 2026.4

Timeline

  1. Apr 3, 20258-K Change in control; Executive or director change10
  2. Oct 27, 20238-K Change of auditor11
  3. May 10, 2021Founded LEGEND SPICES, INC. is founded2

Filings

29 filings to the SEC since October 2021: 4 annual reports, 10 quarterly reports, 2 major events, 13 other. The latest 20:

  1. Aug 31, 202610-Q QUARTERLY REPORT EDGAR
  2. Aug 31, 202610-Q FORM 10-Q FOR MAR 2026 EDGAR
  3. Aug 14, 202610-K/A AMENDMENT NO. 1 TO FORM 10-K EDGAR
  4. Aug 12, 202610-K FORM 10-K FOR DEC 2025 EDGAR
  5. Dec 29, 202510-Q QUARTERLY REPORT EDGAR
  6. Nov 28, 202510-Q FORM 10-Q FOR JUN 2025 EDGAR
  7. Nov 5, 202510-Q QUARTERLY REPORT EDGAR
  8. May 22, 2025NT 10-Q REQUEST FOR EXTENSION EDGAR
  9. May 5, 202510-K ANNUAL REPORT EDGAR
  10. Apr 3, 20258-K CURRENT REPORT EDGAR
  11. Apr 1, 2025NT 10-K EXTENSION EDGAR
  12. Dec 5, 20248-A12G EDGAR
  13. Nov 14, 202410-Q EDGAR
  14. Aug 19, 202410-Q EDGAR
  15. Aug 16, 2024NT 10-Q EDGAR
  16. Jun 5, 202410-Q EDGAR
  17. May 16, 2024NT 10-Q EDGAR
  18. Apr 19, 202410-K EDGAR
  19. Apr 2, 2024NT 10-K EDGAR
  20. Nov 22, 202310-Q EDGAR

The 29 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.

SEC filer profile

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

  • Name on EDGARLEGEND SPICES, INC.1
  • CIK0001970129
  • Employer ID (EIN)38-42471594
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company4
  • Incorporated inNevada4
  • Fiscal year endsDecember 311
  • Industry code (SIC)2030 Canned, Frozen & Preservd Fruit, Veg & Food Specialties1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address14 Kajaznuni Street, Apt. 70, Yerevan, Armenia1
  • Phone374 (99) 4320001
  • Shares outstanding6,850,000 as of Aug 28, 20266
  • Public float$0 as of Jun 30, 20255
  • AuditorGreenGrowth CPAs, Los Angeles, California PCAOB ID 6580; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceApr 10, 20231
  • Filings29 in all: 10-Q (10), 10-K (3), NT 10-Q (3), 8-K (2), CORRESP (2), NT 10-K (2), 10-K/A (1), 424B3 (1)1
    All 13 form types

    8-A12G (1), EFFECT (1), S-1 (1), S-1/A (1), UPLOAD (1)

  • Latest filingsAnnual report (10-K) Aug 12, 2026
    Quarterly report (10-Q) Aug 31, 2026
    Latest 8-K (8-K) Apr 3, 2025

Risk factors and legal proceedings

The risks LEGEND SPICES, INC. names in Item 1A of its 10-K filed Aug 12, 2026: 22 risks under these headings, as written.4

  • RISKS ASSOCIATED WITH OUR COMPANY AND INDUSTRY
  • The fact that we have generated minimal revenues since our inception raises substantial doubt about our ability to continue as a going concern.
  • We require capital in order to pursue new business opportunities.
  • There is reason for doubt about our ability to continue as a going concern.
  • Our success depends heavily on the CEO.
  • Our senior management has never managed a public company.
  • All of our assets and our director and officer are outside the United States, with the result that it may be difficult for investors to enforce within the United States any judgments obtained against us or our director or officer.
  • Our limited operating history makes it difficult to forecast our future results, making any investment in our company highly speculative.
  • Our losses raise substantial doubt as to whether we can continue as a going concern.
  • Our growth will place significant strains on our resources.
  • Our Bylaws limit the liability of, and provide indemnification for, our officers and directors.
  • If we become a fully reporting public company, we will incur significant increased costs in connection with compliance with section 404 of the Sarbanes Oxley act, and our management will be required to devote substantial time to new compliance initiatives.
The other 11 risks
  • We are an “emerging growth company,” and we cannot be certain if the reduced reporting requirements applicable to emerging growth companies will make our common stock less attractive to investors.
  • As an “Emerging Growth Company” under The Jobs Act, we are permitted to rely on exemptions from certain disclosure requirements
  • RISKS RELATED TO OUR STATUS AS A PUBLIC COMPANY
  • We are and plan to continue to be subject to the periodic reporting requirements of the Securities Exchange Act of 1934 that requires us to incur audit fees and legal fees in connection with the preparation of such reports. These additional costs could reduce or eliminate our ability to earn a profit.
  • Our internal controls are inadequate, which could cause our financial reporting to be unreliable and lead to misinformation being disseminated to the public.
  • Public companies are subject to risks relating to securities fraud and derivative lawsuits, which may have a material adverse effect on our business, operations, and financial results.
  • RISKS RELATING TO OUR COMMON STOCK
  • Investors may face significant restrictions on the resale of our common stock due to Federal regulations on penny stocks.
  • There is no active trading market for our common stock and if a market for our common stock does not develop, our investors will be unable to sell their shares.
  • If we do not file a Registration Statement on Form 8-A to become a mandatory reporting company under Section 12(g) of the Securities Exchange Act of 1934, we will continue as reporting company and will not be subject to the proxy statement requirements, and our officers, directors and 10% stockholders will not be required to submit reports to the SEC on their stock ownership and stock trading activity, all of which could reduce the value of your investment and the amount of publicly available information about us.
  • Financial Industry Regulatory Authority (FINRA) sales practice requirements may also limit your ability to buy and sell our stock, which could depress our share price.
  • Because we do not intend to pay any dividends on our common stock; holders of our common stock must rely on stock appreciation for any return on their investment.
  • Any future additional issuances of our common stock may result in immediate dilution to existing shareholders.
  • Trends, Risks and Uncertainties

Legal proceedings

From time to time, we may become involved in litigation relating to claims arising out of its operations in the normal course of business. We are not involved in any pending legal proceeding or litigation and, to the best of our knowledge, no governmental authority is contemplating any proceeding to which we are a party or to which any of our properties is subject, which would reasonably be likely to have a material adverse effect on us.

The opening of Item 3, Legal Proceedings.4