Overview
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- TickerSSGC on OTC1
- IndustryServices-Amusement & Recreation Services1
- HeadquartersKnoxville, Tennessee1
- Business address311 S. Weisgarber Road, Knoxville, Tn 379193
- Filer categoryNon-accelerated filer, Smaller reporting company3
- Legal formCorporation
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Local data storage ensures security and cost efficiency, saving countless hours in investigations.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 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Selling, general and admin100¢$516.3K
Out of $322.0K in revenue.2 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Contract revenue | $322.0K | |
| Cost of contracts | -$239.9K | |
| Gross profit | $82.1K | |
| Selling, general & administrative | $2.8M | $516.3K |
| Stock-based compensation | $1.6M | $186.6K |
| Amortization of intangibles | $422.0K | $221.9K |
| Impairment of intangibles | $46.2K | $140.8K |
| Total operating expenses | $4.8M | $1.1M |
| OPERATING LOSS | -$4.8M | -$983.6K |
| Interest income | $85.9K | |
| Interest expense | -$38.5K | -$55.1K |
| Extinguishment of liabilities | $113.6K | $279.9K |
| Gain on settlements | $56.2K | |
| Total other income (expense) | $161.0K | $281.1K |
| NET LOSS | -$4.6M | -$702.5K |
| Basic | -$0.04 | -$0.01 |
| Diluted | -$0.04 | -$0.01 |
| Basic | 130.9M shares | 70.0M shares |
| Diluted | 130.9M shares | 70.0M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-07-31 | 2025-04-30 | 2024-07-31 | 2023-07-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $7.5M | $175.6K | ||
| Accounts receivable, net | $14.0K | |||
| Prepaid expenses | $94.0K | $33.0K | ||
| Total current assets | $7.6M | $222.6K | ||
| Intangibles | $290.5K | $506.7K | ||
| Total assets | $7.9M | $729.3K | ||
| Payroll related liabilities | $42.5K | $16.6K | ||
| Total current and total liabilities | $366.0K | $1.0M | ||
| Common stock par value $0.001; 200,000,000 shares authorized; 185,497,862 and 79,853,696 shares issued and outstanding as of July 31, 2025 and 2024, respectively | $185.5K | $79.9K | ||
| Additional paid-in capital | $28.3M | $15.9M | ||
| Accumulated deficit | -$21.0M | -$16.3M | ||
| Total stockholders equity (deficit) | $7.6M | -$293.2K | -$665.9K | |
| Total liabilities and stockholders deficit | $7.9M | $729.3K | ||
| Common stock, par value | $0.00 | $0.00 | ||
| Common stock, shares authorized | 200.0M shares | 200.0M shares | ||
| Common stock, shares issued | 185.5M shares | 79.9M shares | ||
| Common stock, shares outstanding | 185.5M shares | 185.5M shares | 79.9M shares |
| Period ending | 2025-07-31 | 2025-04-30 | 2024-07-31 | 2023-07-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $7.5M | $175.6K | ||
| Accounts receivable, net | $14.0K | |||
| Prepaid expenses | $94.0K | $33.0K | ||
| Total current assets | $7.6M | $222.6K | ||
| Intangibles | $290.5K | $506.7K | ||
| Total assets | $7.9M | $729.3K | ||
| Payroll related liabilities | $42.5K | $16.6K | ||
| Total current and total liabilities | $366.0K | $1.0M | ||
| Common stock par value $0.001; 200,000,000 shares authorized; 185,497,862 and 79,853,696 shares issued and outstanding as of July 31, 2025 and 2024, respectively | $185.5K | $79.9K | ||
| Additional paid-in capital | $28.3M | $15.9M | ||
| Accumulated deficit | -$21.0M | -$16.3M | ||
| Total stockholders equity (deficit) | $7.6M | -$293.2K | -$665.9K | |
| Total liabilities and stockholders deficit | $7.9M | $729.3K | ||
| Common stock, par value | $0.00 | $0.00 | ||
| Common stock, shares authorized | 200.0M shares | 200.0M shares | ||
| Common stock, shares issued | 185.5M shares | 79.9M shares | ||
| Common stock, shares outstanding | 185.5M shares | 185.5M shares | 79.9M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Net loss | -$4.6M | -$702.5K |
| Amortization | $422.0K | $221.9K |
| Stock-based compensation | $1.6M | $186.6K |
| Impairment of intangibles | $46.2K | $140.8K |
| Extinguishment of liabilities | -$113.6K | -$279.9K |
| Gain on settlements | -$56.2K | |
| Shares issued for services | $112.5K | |
| Accounts receivable, net | $14.0K | -$14.0K |
| Prepaid expenses and other current assets | -$61.0K | $1.1K |
| Accounts payable and accrued expenses | $193.6K | $19.5K |
| Accounts payable and accrued expenses, related party | -$226.5K | -$35.0K |
| Payroll related liabilities | $250.0K | |
| NET CASH USED BY OPERATING ACTIVITIES | -$2.7M | -$267.7K |
| Cash paid for development of intangible assets | -$175.7K | |
| NET CASH USED BY INVESTING ACTIVITIES | -$175.7K | |
| Proceeds from sale of common stock | $10.8M | $550.0K |
| (Payments) proceeds from related party loans | -$17.6K | $115.0K |
| Payments of amounts owed to related parties | -$474.2K | -$222.1K |
| Principal payments on short-term debt | -$50.0K | |
| NET CASH PROVIDED BY FINANCING ACTIVITIES | $10.2M | $442.9K |
| Net change in cash and cash equivalents | $7.4M | $175.2K |
| Capital expenditures included in accrued expenses | $76.8K | |
| Shares issued for payment of payroll related liabilities | $338.5K | |
| Issuance of common stock for payment of accrued expenses | $28.1K | |
| Shares issued for extinguishment of convertible debt | $175.0K |
No quarter-by-quarter statement was filed.
What it owns
What SafeSpace Global 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.
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $7.5M2 Jul 31, 2025 | $175.6K2 Jul 31, 2024 | +4198.4% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $290.5K2 Jul 31, 2025 | $506.7K2 Jul 31, 2024 | −42.7% |
| Finite-lived intangibles, gross | $944.0K2 Jul 31, 2025 | $801.6K2 Jul 31, 2024 | +17.8% |
| Accumulated amortization | -$644.7K2 Jul 31, 2025 | -$237.0K2 Jul 31, 2024 | −172.0% |
| Finite-lived intangibles, net | $37.9K2 Jul 31, 2025 | $506.7K10 Jul 31, 2024 | −92.5% |
Leadership
Who has led SafeSpace Global Corp, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerScott M. Boruff Mar 15, 2018 to Aug 2, 202413
- PresidentDustin Michael Hillis Feb 25, 2025 to now14
- PresidentBradley Ryan Pruitt May 3, 2018 to May 3, 201815
- Chief financial officerTimothy R. Brady Feb 25, 2025 to now16
- Chief financial officerCharles Burns Lobetti Iii. Aug 2, 2024 to Aug 2, 202417
Board members and other officers (5)
- Chief Medical OfficerSusan Raymundo Reyes Aug 7, 2024 to Aug 7, 202418
- Chief Strategy OfficerDustin Michael Hillis Sep 13, 2024 to now19
- Board memberGregory Shayne Bench Aug 2, 2024 to Aug 2, 202420
- Board memberMicheal James Burt Aug 29, 2024 to now21
- Board memberScott M. Boruff Mar 15, 2018 to Dec 23, 202413
Named in SEC Form D filings
People the company listed in its private-offering notices.
Former names
Timeline
- Sep 24, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares23
- Sep 8, 20268-K Regulation FD disclosure24
- Jul 22, 20268-K Regulation FD disclosure25
- Jul 9, 20268-K Regulation FD disclosure26
- Jun 29, 20268-K Executive or director change27
- Jun 15, 20268-K Executive or director change28
- May 22, 20268-K Regulation FD disclosure29
- May 18, 20268-K Change of auditor30
- May 1, 20268-K Regulation FD disclosure31
- Apr 28, 20268-K Executive or director change32
- Apr 21, 20268-K Executive or director change33
- Apr 14, 20268-K Regulation FD disclosure34
- Mar 15, 2018New chief executive Scott M. Boruff becomes CEO13
Filings
79 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 33 major events, 18 insider forms, 1 private raises, 7 other. The latest 20:
- Sep 24, 20268-K EDGAR
- Sep 8, 20268-K EDGAR
- Aug 14, 20264 EDGAR
- Jul 22, 20268-K EDGAR
- Jul 9, 20268-K EDGAR
- Jun 29, 20268-K EDGAR
- Jun 15, 202610-Q EDGAR
- Jun 15, 20268-K EDGAR
- May 22, 20268-K EDGAR
- May 18, 20268-K EDGAR
- May 1, 20268-K EDGAR
- Apr 28, 20268-K EDGAR
- Apr 21, 20268-K EDGAR
- Apr 14, 20268-K EDGAR
- Mar 25, 20268-K EDGAR
- Mar 17, 202610-Q EDGAR
- Feb 20, 2026DEF 14A EDGAR
- Feb 12, 20268-K EDGAR
- Feb 10, 2026PRE 14A EDGAR
- Jan 29, 20268-K EDGAR
The 79 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
16 open-market trades by officers, directors and large owners since October 2021: 14 buys and 2 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jul 22, 2026 | Hillis Dustin MichaelPres. & Chief Strat Officer | Buy | 126,000 | $0.10 | $12.6K | Form 4 |
| Jul 1, 2026 | Hillis Dustin MichaelPres. & Chief Strat Officer | Buy | 43,750 | $0.20 | $8.8K | Form 4 |
| Dec 22, 2025 | Hillis Dustin MichaelPres. & Chief Strat Officer | Buy | 18,800 | $0.26 | $4.9K | Form 4 |
| Dec 19, 2025 | Hillis Dustin MichaelPres. & Chief Strat Officer | Buy | 62,500 | $0.25 | $15.6K | Form 4 |
| Dec 18, 2025 | Hillis Dustin MichaelPres. & Chief Strat Officer | Buy | 18,700 | $0.24 | $4.5K | Form 4 |
| Jul 15, 2025 | Hillis Dustin MichaelPres. & Chief Strat Officer | Buy | 122,500 | $0.42 | $51.5K | Form 4 |
| Jun 23, 2025 | Hillis Dustin MichaelPres. & Chief Strat Officer | Buy | 12,000 | $1.14 | $13.7K | Form 4 |
| Mar 27, 2025 | Hillis Dustin MichaelPres. & Chief Strat Officer | Buy | 75,275 | $0.23 | $17.3K | Form 4 |
| Mar 26, 2025 | Hillis Dustin MichaelPres. & Chief Strat Officer | Buy | 24,725 | $0.22 | $5.4K | Form 4 |
| Feb 18, 2025 | Hillis Dustin MichaelPres. & Chief Strat Officer | Buy | 2,000,000 | $0.11 | $220.0K | Form 4 |
| Dec 20, 2024 | BORUFF SCOTT MDirector | Sale | 600,000 | $0.10 | $60.0K | Form 4 |
| Dec 20, 2024 | Platinum Equity Advisors, LLC10% owner | Sale | 600,000 | $0.10 | $60.0K | Form 4 |
| Oct 24, 2024 | Hillis Dustin MichaelPres. & Chief Strat Officer | Buy | 4,020,000 | $0.10 | $402.0K | Form 4 |
| Jul 31, 2023 | Platinum Equity Advisors, LLC10% owner | Buy | 11,702,843 | $0.11 | $1.2M | Form 4 |
| Jul 31, 2023 | BORUFF SCOTT MDirector | Buy | 11,702,843 | $0.11 | $1.2M | Form 4 |
| Mar 22, 2023 | Bench Gregory ShayneDirector | Buy | 1,500,000 | $0.10 | $150.0K | Form 4 |
From Forms 4 filed with the SEC.
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.
- Private raises (Form D) $2.6M
Figures by year
| Year | Private raises (Form D) | Total |
|---|---|---|
| 2024 | $2.6M | $2.6M |
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.
SEC filer profile
How SafeSpace Global Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSafeSpace Global Corp1
- CIK0001584693
- Employer ID (EIN)85-11737414
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company4
- Incorporated inNevada4
- Fiscal year endsJuly 311
- Industry code (SIC)7900 Services-Amusement & Recreation Services1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address311 S. Weisgarber Road, Knoxville, TN 379191
- Phone865-237-44481
- Shares outstanding191,387,429 as of Jun 11, 202611
- Public float$33.0M as of Jan 31, 20254
- AuditorRodefer Moss & Co, PLLC, Knoxville, Tennessee PCAOB ID 910; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceAug 20, 20131
- Filings153 in all: 8-K (52), 10-Q (32), 10-K (11), 4 (11), 5 (6), NT 10-Q (6), S-1/A (5), UPLOAD (5)1
All 25 form types
3 (4), 8-K/A (3), NT 10-K (3), D (2), 10-K/A (1), 10-Q/A (1), 144 (1), 8-A12B (1), CORRESP (1), DEF 14A (1), DEF 14C (1), EFFECT (1), PRE 14A (1), PRE 14C (1), S-1 (1), SC 13D (1), SC 14F1 (1)
- Latest filingsAnnual report (10-K) Oct 29, 2025
Quarterly report (10-Q) Jun 15, 2026
Proxy statement (DEF 14A) Feb 20, 2026
Latest 8-K (8-K) Sep 24, 2026
Risk factors and legal proceedings
The risks SafeSpace Global Corp names in Item 1A of its 10-K filed Oct 29, 2025: 16 risks under these headings, as written.4
- Risks Related to Our Business
- The Company’s industry is highly-competitive, and we have less capital and fewer resources than many of our competitors, which may give competitors an advantage in developing and marketing products similar to ours or make our products obsolete.
- The Company may be unable to respond to the rapid technological change in the industry and such change may increase costs and competition that may adversely affect our business.
- The Company’s services are new, and its industry is evolving.
- Risks Related to Our Company
- Our ability to achieve and maintain profitability is uncertain.
- Management of growth will be necessary for us to be competitive.
- We are entering a highly competitive market.
- If we fail to establish and maintain an effective system of internal control, we may not be able to report our financial results accurately or prevent fraud, and any inability to report and file our financial results accurately and timely could harm our reputation and adversely impact the future trading price of our common stock.
- The Company’s failure to continue to attract, train, or retain highly qualified personnel could harm the Company’s business.
- Risks Related to Our Common Stock
- Our common stock is eligible for quotation on the over-the-counter-market but not listed on any national securities exchange.
The other 7 risks
- We will likely issue additional shares of our common stock and investment in our Company could be subject to substantial dilution
- Trading in our common stock on the OTCID Basic market has been subject to wide fluctuations.
- Our Articles of Incorporation and By-Laws provide for indemnification of officers and directors at our expense and limit their liability, which may result in a major cost to us and hurt the interests of our stockholders due to corporate resources being expended for the benefit of officers and/or directors.
- We do not intend to pay dividends on any investment in the shares of common stock of our Company and any gain on an investment in our Company will need to come through an increase in our stock’s price, which may never happen
- Our common stock is a “penny stock,” which may make it difficult to sell shares of our common stock.
- The protection provided by the federal securities laws relating to forward-looking statements may not apply to us. The lack of this protection could harm us in the event of an adverse outcome in a legal proceeding relating to forward-looking statements made by us.
- FINRA sales practice requirements may also limit a stockholder’s ability to buy and sell our stock.
- General Risk Factors
Legal proceedings
As previously reported, on September 18, 2023, Apex Funding Source, LLC (“Apex”) filed a lawsuit in the Supreme Court of the State of New York, County of New York, alleging breach by Blue Earth Resources, Inc. (“BERI”) of a loan agreement and alleged failure to pay $4,705,900 in principal and interest to Apex when due. The suit names Scott M. Boruff, our CEO and Chairman of the Company’s Board of Directors, “Grasshopper Staffing, Inc.,” and “Indeliving Holdings, Inc.,” as defendants in the suit. Apex alleges that Grasshopper Staffing, Inc. and IndeLiving Holdings, Inc. are each guarantors of the loan to BERI, which is an entity that has common management personnel with our Company. Our Company ceased using the Grasshopper Staffing, Inc. name years before the facts underlying the dispute arose, and IndeLiving Holdings, Inc. was a wholly-owned subsidiary of our Company that has been administratively dissolved.
On April 18, 2024, Apex filed a motion seeking partial summary judgment against BERI and Mr. Boruff in the amount of $4,705,900, plus their actual and reasonable attorneys’ fees. Neither Grasshopper Staffing, Inc. nor IndeLiving Holdings, Inc. was included in the order granting partial summary judgment.
In the event Apex attempts to enforce the alleged guarantees against our Company, which is not itself a named party to the proceedings , we believe we have valid defenses. In the judgment of the Company’s management, even if the remaining actions were adversely determined, they would not be reasonably likely to have a direct or indirect material adverse effect on the Company because no remaining subsidiaries exist. Based on the disposition of the claims against BERI and Mr. Boruff summarized above, we do not expect to provide any further updates on this matter.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 14SEC EDGARDustin Michael Hillis, President
- 15SEC EDGARBradley Ryan Pruitt, President
- 16
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- 20SEC EDGARGregory Shayne Bench, Board member
- 21SEC EDGARMicheal James Burt, Board member
- 22
- 23
- 24SEC EDGARRegulation FD disclosure
- 25SEC EDGARRegulation FD disclosure
- 26SEC EDGARRegulation FD disclosure
- 27SEC EDGARExecutive or director change
- 28SEC EDGARExecutive or director change
- 29SEC EDGARRegulation FD disclosure
- 30SEC EDGARChange of auditor
- 31SEC EDGARRegulation FD disclosure
- 32SEC EDGARExecutive or director change
- 33SEC EDGARExecutive or director change
- 34SEC EDGARRegulation FD disclosure