Private company
New Momentum Corp.
New Momentum Corp. is an American management services company, incorporated in Nevada.1
Last updated Oct 21, 2026.
Overview
- IndustryServices-Management Services1
- HeadquartersNV1
- Incorporated inNV2
- Business address150 Cecil Street, #08-01, Singapore, U0 0695432
- Filer categoryNon-accelerated filer, Smaller reporting company2
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The Company was incorporated on July 1, 1999, under the laws of the State of Nevada, under the name “Han Logistics, Inc.” On August 6, 2015, the Company changed its name to “Eason Education Kingdom Holdings, Inc.” On June 18, 2020, the Company changed its name to New Momentum Corporation.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 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Interest100¢$1.1K
Out of $6 in revenue.4 The company lost money this year.
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | $1835 | $238.0K6 | $1.3M7 | $920.3K8 | $182.5K4 | $64 | |
| Cost of revenue | $05 | $233.8K6 | $1.3M7 | $913.9K8 | $179.7K4 | $04 | |
| Gross profit | $1835 | $4.2K6 | $5.4K7 | $6.4K8 | $2.7K4 | $64 | |
| Operating expenses | -$197.1K8 | -$304.3K4 | -$157.2K4 | ||||
| Operating income | -$60.8K9 | -$22.9K5 | -$4.2M6 | -$290.0K7 | -$190.7K8 | -$301.6K4 | -$157.2K4 |
| Interest | $05 | $1.0K6 | $4.2K7 | $14.0K8 | $104.4K4 | $1.1K4 | |
| Income before tax | -$287.8K6 | -$188.9K8 | -$403.9K4 | -$142.9K4 | |||
| Income tax | $05 | $06 | $07 | $08 | $04 | $04 | |
| Net income | -$60.8K10 | -$19.5K5 | -$4.1M6 | -$287.8K7 | -$188.9K8 | -$403.9K4 | -$142.9K4 |
| Earnings per share (diluted) | $0.004 | $0.004 | |||||
| Shares (weighted, diluted) | 227.7M shares4 | 802.0M shares4 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash | $5.1K5 | $9.3K6 | $64.5K6 | $15.6K7 | $59.2K7 | $16.8K4 | $7.8K4 |
| Receivables | $15.8K7 | $24.2K8 | $9064 | $04 | |||
| Current assets | $86.5K9 | $21.3K5 | $84.8K6 | $51.1K7 | $115.1K8 | $37.6K4 | $11.7K4 |
| Total assets | $86.5K9 | $21.3K5 | $84.8K6 | $76.2K7 | $115.1K8 | $64.4K4 | $11.7K4 |
| Accounts payable | $15.7K7 | $17.2K8 | $9.2K4 | $5.5K4 | |||
| Current liabilities | $29.0K9 | $106.9K5 | $245.7K6 | $384.2K7 | $599.6K8 | $721.9K4 | $733.7K4 |
| Total liabilities | $106.9K5 | $245.7K6 | $384.2K7 | $599.6K8 | $721.9K4 | $733.7K4 | |
| Retained earnings | -$4.8M7 | -$5.0M8 | -$5.4M4 | -$5.6M4 | |||
| Shareholders’ equity | -$65.9K5 | -$85.6K6 | -$160.9K7 | -$308.1K8 | -$484.4K4 | -$657.5K4 | -$722.0K4 |
| Shares outstanding | 310.9M shares9 | 10.0M shares5 | 340.3M shares6 | 176.2M shares7 | 177.7M shares8 | 520.4M shares4 | 825.9M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
What it owns
What New Momentum 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 |
|---|---|---|---|
| Operating-lease assets (leased space) | $04 Dec 31, 2024 | $26.8K4 Dec 31, 2023 | −100.0% |
Properties, in its own words
We currently do not own any physical property or real property. Our executive offices are located at 150 Cecil Street Singapore 069543. We believe that this space is adequate for our present operations.
Item 2 of the 10-K filed Apr 15, 2025.3
Leadership
Who has led New Momentum Corp., and when. Pick a name to see everywhere that person has worked.
Chief executive
- Chief executive officerTin Lung David Leung Oct 17, 2022 to Oct 17, 202213
- PresidentTin Lung David Leung Jul 9, 2020 to Jul 9, 202014
- PresidentMichael Vardakis Aug 8, 2014 to Aug 8, 201415
Board members and other officers (5)
- Pres; Sec; TreasurerAmee Han Lombardi Apr 18, 2007 to Apr 18, 200716
- Board memberTin Lung David Leung Jul 9, 2020 to Oct 17, 202214
- Board memberKin Hon Chu Mar 26, 2015 to Mar 26, 201517
- Board memberMichael Vardakis Apr 17, 2007 to Feb 17, 201518
- Board memberAmee Han Lombardi Apr 18, 2007 to Apr 18, 200716
Former names
Timeline
Filings
54 filings to the SEC since October 2021: 5 annual reports, 13 quarterly reports, 3 major events, 1 insider forms, 32 other. The latest 20:
- Mar 31, 2026NT 10-K EDGAR
- Nov 13, 202510-Q EDGAR
- Aug 14, 202510-Q EDGAR
- May 14, 202510-Q EDGAR
- May 2, 20258-K EDGAR
- Apr 28, 2025NT 10-Q EDGAR
- Apr 15, 202510-K EDGAR
- Mar 31, 2025NT 10-K EDGAR
- Nov 19, 202410-Q EDGAR
- Nov 14, 2024NT 10-Q EDGAR
- Aug 19, 202410-Q EDGAR
- Aug 13, 2024NT 10-Q EDGAR
- May 20, 202410-Q EDGAR
- May 15, 2024NT 10-Q EDGAR
- Apr 17, 202410-K EDGAR
- Apr 1, 2024NT 10-K EDGAR
- Nov 20, 202310-Q EDGAR
- Nov 15, 2023NT 10-Q EDGAR
- Aug 21, 202310-Q EDGAR
- Aug 14, 2023NT 10-Q EDGAR
The 54 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 New Momentum Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARNew Momentum Corp.1
- CIK0001132509
- Employer ID (EIN)88-04359983
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company3
- Incorporated inNevada3
- Fiscal year endsDecember 311
- Industry code (SIC)8741 Services-Management Services1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address150 Cecil Street, #08-01, Singapore, U0 0695431
- Phone65 3105 14281
- Shares outstanding825,861,858 as of Nov 13, 202512
- Public float$825.9K as of Jun 30, 20243
- AuditorJ&S Associate PLT, Kuala Lumpur, Malaysia PCAOB ID 6743; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceJan 19, 20011
- Filings223 in all: 10-Q (54), NT 10-Q (24), UPLOAD (22), 8-K (20), 10-K (17), NT 10-K (14), S-1/A (13), 10QSB (9)1
All 28 form types
SB-2/A (7), CORRESP (6), 3 (4), 4 (4), DEF 14C (4), PRE 14C (4), 10KSB (3), 10-K/A (2), 10-Q/A (2), EFFECT (2), S-1 (2), SC 13D (2), 1-A (1), 1-A-W (1), 1-A/A (1), 424B3 (1), 8-A12G (1), 8-K/A (1), S-8 (1), SB-2 (1)
- Latest filingsAnnual report (10-K) Apr 15, 2025
Quarterly report (10-Q) Nov 13, 2025
Latest 8-K (8-K) May 2, 2025
Risk factors and legal proceedings
The risks New Momentum Corp. names in Item 1A of its 10-K filed Apr 15, 2025: 29 risks under these headings, as written.3
- RISKS RELATING TO OUR COMPANY
- Our auditors have expressed substantial doubt about our ability to continue as a going concern.
- If our estimates related to future expenditures are erroneous or inaccurate, our business will fail and you could lose your entire investment.
- If we are not able to develop our business as anticipated, we may not be able to generate revenues or achieve profitability and you may lose your investment.
- We expect to suffer losses in the immediate future that may cause us to curtail or discontinue our operations.
- We may not be able to execute our business plan or stay in business without additional funding.
- Any significant disruption in our website and mobile application presence or services could result in a loss of customers.
- Technology changes rapidly in our business and if we fail to anticipate or successfully implement new technologies or the manner in which our products and services can be used, the quality, timeliness and competitiveness of our products and services will suffer.
- Our potential customers will require a high degree of reliability in the delivery of our services, and if we cannot meet their expectations for any reason, demand for our products and services will suffer.
- If we fail to promote and maintain our brand in an effective and cost-efficient way, our business and results of operations may be harmed.
- Declines or disruptions in the travel industry could adversely affect our business and financial performance.
- The loss of the services of Leung Tin Lung David, our sole director and officer, and majority shareholder, or our failure to timely identify and retain competent personnel could negatively impact our ability to develop our website and sell our services.
The other 18 risks
- We are an independent travel services, with little experience in the market, and failure to successfully compensate for this inexperience may adversely impact our operations and financial position.
- Our failure to protect our intellectual property and proprietary technology may significantly impair our competitive advantage.
- We may face costly intellectual property infringement claims, the result of which would decrease the available amount of cash we would anticipate to operate and complete our business plan.
- We incur costs associated with SEC reporting compliance, which may significantly affect our financial condition.
- We may be required to incur significant costs and require significant management resources to evaluate our internal control over financial reporting as required under Section 404 of the Sarbanes-Oxley Act, and any failure to comply or any adverse result from such evaluation may have an adverse effect on our stock price.
- We may not be able to meet the internal control reporting requirements imposed by the SEC resulting in a possible decline in the price of our common stock and our inability to obtain future financing.
- It will be extremely difficult to acquire jurisdiction and enforce liabilities against our officers, directors and assets outside the United States.
- RISKS RELATED TO DOING BUSINESS IN THE PEOPLE’S REPUBLIC OF CHINA
- There are uncertainties regarding the interpretation and enforcement of PRC and Hong Kong laws, rules and regulations.
- Adverse regulatory developments in China may subject us to additional regulatory review, and additional disclosure requirements and regulatory scrutiny to be adopted by the SEC in response to risks related to recent regulatory developments in China may impose additional compliance requirements for companies like us with China-based operations, all of which could increase our compliance costs, subject us to additional disclosure requirements.
- Compliance with China’s new Data Security Law, Measures on Cybersecurity Review (revised draft for public consultation), Personal Information Protection Law (second draft for consultation), regulations and guidelines relating to the multi-level protection scheme and any other future laws and regulations may entail significant expenses and could materially affect our business.
- It may be difficult for U.S. regulators, such as the Department of Justice, the SEC, and other authorities, to conduct investigation or collect evidence within China.
- RISKS ASSOCIATED WITH OUR SECURITIES
- The price of our shares of common stock may not reflect our value and there can be no assurance that there will be an active market for our shares of common stock either now or in the future.
- We expect to experience volatility in our stock price, which could negatively affect stockholders’ investments.
- Our common stock is subject to the “penny stock” rules of the SEC and the trading market in our securities is limited, which makes transactions in our stock cumbersome and may reduce the value of an investment in our stock.
- FINRA sales practice requirements may also limit a stockholder’s ability to buy and sell our stock.
- State securities laws may limit secondary trading, which may restrict the states in which and conditions under which you can sell the shares offered by this prospectus.
- Anti-takeover effects of certain provisions of Nevada state law hinder a potential takeover of us.
- Because we do not intend to pay any cash dividends on our common stock, our stockholders will not be able to receive a return on their shares unless they sell them.
Legal proceedings
There are no pending legal proceedings to which the Company is a party or in which any director, officer or affiliate of the Company, any owner of record or beneficially of more than 5% of any class of voting securities of the Company, or security holder is a party adverse to the Company or has a material interest adverse to the Company.
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.
- 1
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- 14SEC EDGARTin Lung David Leung, President
- 15SEC EDGARMichael Vardakis, President
- 16
- 17SEC EDGARKin Hon Chu, Board member
- 18SEC EDGARMichael Vardakis, Board member
- 19SEC EDGARChange of auditor
- 20SEC EDGARBylaws or fiscal year changed
- 21SEC EDGARChange of auditor