Overview
- IndustryIndustrial Organic Chemicals1
- HeadquartersHenderson, Nevada1
- Incorporated inNV2
- Business address3535 Executive Terminal Drive, Suite 110, Henderson, Nv 890522
- Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company2
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We cannot project the amount of time that our management will actually devote to the Company’s plan of operation.3 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
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating expenses | $152.9K4 | $2.1M5 | $590.2K6 | $76.0K6 | |
| Operating income | -$152.9K4 | -$2.1M4 | |||
| Income before tax | -$152.9K4 | -$2.1M5 | -$590.2K6 | -$76.0K6 | |
| Net income | -$152.9K4 | -$2.1M5 | -$590.2K6 | -$76.0K6 | |
| Earnings per share | $0.004 | $0.005 | -$0.016 | $0.006 | |
| Earnings per share (diluted) | $0.005 | -$0.016 | $0.006 | ||
| Shares (weighted, basic) | 1.2B shares4 | 509.4M shares5 | 90.7M shares6 | 49.0M shares6 | |
| Shares (weighted, diluted) | 509.4M shares5 | 90.7M shares6 | 49.0M shares6 |
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash | $06 | $06 | |||
| Current assets | $80.3K6 | $1.6K6 | |||
| Total assets | $80.3K6 | $1.6K6 | |||
| Accounts payable | $51.5K4 | $6.4K4 | $3.8K6 | $1.1K6 | |
| Current liabilities | $52.9K4 | $197.3K5 | $3.8K6 | $1.1K6 | |
| Total liabilities | $52.9K4 | $197.3K5 | $3.8K6 | $1.1K6 | |
| Retained earnings | -$388.0K4 | -$3.3M5 | -$3.9M6 | -$4.0M6 | |
| Shareholders’ equity | -$52.9K5 | -$197.3K6 | $76.5K6 | $4786 | |
| Shares outstanding | 1.2B shares4 | 84.0M shares5 | 49.0M shares6 | 49.0M shares6 | 49.0M shares6 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
What it owns
What Stratos Renewables 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
Properties, in its own words
We currently neither rent nor own any real property. We utilize the office space and equipment of its management at no cost. Management estimates such amounts to be immaterial. We currently have no policy with respect to investments or interests in real estate, real estate mortgages or securities of, or interests in, persons primarily engaged in real estate activities.
Item 2 of the 10-K filed Mar 31, 2025.3
Leadership
Who has led Stratos Renewables Corp, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerCarlos Antonio Salas Dec 7, 2007 to Dec 7, 200710
- PresidentLuis Humberto Goyzueta Dec 7, 2007 to Dec 7, 200711
- Chief financial officerJulio Cesar Alonso Dec 7, 2007 to Dec 7, 200712
- Chief operating officerJorge Eduardo Aza Dec 7, 2007 to Dec 7, 200713
Board members and other officers (9)
- Chief Strategy OfficerSanjay Pai Oct 21, 2008 to Dec 3, 200914
- SECRETARYValerie A. Broadbent Oct 21, 2008 to Oct 21, 200815
- SecretaryAngobaldo Gustavo Adolfo Goyzueta Dec 7, 2007 to Dec 7, 200716
- Board memberLeonard Brooks Jan 4, 2010 to Jan 4, 201017
- Board memberStephen L. Norris Oct 24, 2008 to Dec 3, 200918
- Board memberCarlos Antonio Salas Dec 7, 2007 to Dec 7, 200710
- Board memberLas Casas Luis Francisco De Dec 7, 2007 to Dec 7, 200719
- Board memberLuis Humberto Goyzueta Dec 7, 2007 to Dec 7, 200711
- Board memberSteven Magami Dec 7, 2007 to Jul 24, 200920
Former names
- New Design Cabinets, Inc.Apr 4, 2005 to Nov 26, 20072
Timeline
Filings
41 filings to the SEC since October 2021: 4 annual reports, 11 quarterly reports, 3 major events, 23 other. The latest 20:
- Jun 27, 202515-12G EDGAR
- May 15, 202510-Q EDGAR
- Mar 31, 202510-K EDGAR
- Nov 12, 202410-Q EDGAR
- Aug 13, 202410-Q EDGAR
- May 14, 202410-Q EDGAR
- Mar 21, 202410-K/A EDGAR
- Mar 20, 202410-K EDGAR
- Jan 4, 20248-K/A EDGAR
- Dec 22, 20238-K EDGAR
- Nov 15, 202310-Q/A EDGAR
- Nov 13, 202310-Q EDGAR
- Aug 14, 202310-Q EDGAR
- May 15, 202310-Q EDGAR
- Mar 31, 202310-K EDGAR
- Nov 14, 2022DEF 14C EDGAR
- Nov 7, 202210-Q EDGAR
- Oct 11, 2022PRE 14C EDGAR
- Aug 12, 202210-Q EDGAR
- Jul 11, 20228-K EDGAR
The 41 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 Stratos Renewables Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARStratos Renewables Corp1
- CIK0001321517
- Employer ID (EIN)20-16991263
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company3
- Incorporated inNevada3
- Fiscal year endsDecember 311
- Industry code (SIC)2860 Industrial Organic Chemicals1
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
- Business address3535 Executive Terminal Drive, Suite 110, Henderson, NV 890521
- Mailing address16211 N Scottsdale Road Ste 292,, Att'N George Sharp, Scottsdale, AZ 852541
- Phone31049844551
- Shares outstanding49,005,865 as of May 15, 20259
- Public float$5.6M as of Jun 30, 20243
- AuditorFruci & Associates II, PLLC – PCAOB ID #05525, Spokane, Washington PCAOB ID 55253
- On EDGAR sinceApr 4, 20051
- Filings133 in all: 8-K (21), 10-Q (16), 3 (13), UPLOAD (11), SC 13D (8), 10QSB (7), 4 (7), 10-12G/A (5)1
All 28 form types
CORRESP (5), 10-K (4), NT 10-Q (4), SB-2/A (4), 10-12G (3), 10KSB (3), REGDEX (3), SC 13D/A (3), 10-K/A (2), 10-Q/A (2), NT 10-K (2), RW (2), 15-12G (1), 15-15D (1), 8-A12G (1), 8-K/A (1), DEF 14C (1), PRE 14C (1), SB-2 (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (10-K) Mar 31, 2025
Quarterly report (10-Q) May 15, 2025
Latest 8-K (8-K) Dec 22, 2023
Risk factors and legal proceedings
The risks Stratos Renewables Corp names in Item 1A of its 10-K filed Mar 31, 2025: 35 risks under these headings, as written.3
- Risks Relating to Our Business and Financial Condition
- We currently have no operations, and investors, therefore, have no basis on which to evaluate the Company’s future prospects.
- If our business plans are not successful, we may not be able to continue operations as a going concern and our stockholders may lose their entire investment in us.
- We may require financing to acquire any business.
- We expect losses in the future because we have no revenue.
- As a blank check company, we must comply with Rule 419 of the Securities Act if we undertake an offering of our common stock.
- As a shell company, we are not eligible to rely upon Form S-8 to issue our securities and are subject to enhanced reporting requirements.
- Because we are a shell company and have no business, holders of our common stock may not rely upon Rule 144 until disclosure provisions applicable to blank check companies are satisfied.
- Our common stock is subject to a “STOP” warning label on OTC PINK.
- As a blank check company, our shareholders may face significant restrictions on the resale of our common stock due to state “blue sky” laws and due to the applicability of Rule 419.
- We do not have any agreement for a business combination or other transaction.
- Our future success is highly dependent on the ability of management to locate and attract a suitable acquisition.
The other 24 risks
- There is competition for those private companies suitable for a merger transaction of the type contemplated by management.
- We are eligible to be treated as an “emerging growth company” as defined in the Jumpstart Our Business Startups Act of 2012, and we cannot be certain if the reduced disclosure requirements applicable to emerging growth companies will make our common stock less attractive to investors.
- We have not conducted market research to identify business opportunities, which may affect our ability to identify a business to merge with or acquire.
- Management intends to devote only a limited amount of time to seeking a target company which may adversely impact our ability to identify a suitable acquisition candidate.
- We are dependent on the services of George Sharp, our President, Secretary and Treasurer, to obtain capital required to implement our business plan and for identifying, investigating, negotiating and integrating potential acquisition opportunities. The loss of the services of Mr. Sharp could have a substantial adverse effect on us.
- The time and cost of preparing a private company to become a public reporting company may preclude us from entering into a merger or acquisition with the most attractive private companies.
- We may be subject to further government regulation which would adversely affect our operations.
- Any potential acquisition or merger with a foreign company may subject us to additional risks.
- If we fail to develop and maintain an effective system of internal controls, we may not be able to accurately report our financial results or prevent fraud, as a result, current and potential stockholders could lose confidence in our financial reports, which could harm our business and the trading price of our common stock.
- Our sole officer and director, who will be responsible for preparing our financial statements and evaluating the effectiveness of our internal controls over financial reporting is not qualified to do so.
- Our lack of adequate accounting personnel is a material weakness in our financial reporting.
- You will not have the ability to determine the outcome of matters requiring stockholder approval, including the acquisition of a target business.
- There is no active trading market for our shares of common stock.
- 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.
- Under our Articles of Incorporation, our Board of Directors has the authority, without stockholder approval, to issue preferred stock with terms that may not be beneficial to common stockholders and with the ability to adversely affect stockholder voting power and perpetuate the board’s control over our company.
- We may, in the future, issue additional shares of common stock, which would reduce investors’ percent of ownership and may dilute our share value.
- 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.
- Risks Related to Ownership of Common Stock and Operation as a Public Company.
- Our largest stockholder has voting control over all matters submitted to the vote of our stockholders under Nevada law and will preclude other stockholders from influencing management and exercising control over our business.
- We will incur increased costs as a result of operating as a public company, and our management will be required to devote substantial time to compliance efforts.
- The Financial Industry Regulatory Authority (“FINRA”) sales practice requirements may also limit your ability to buy and sell our common stock, which could depress the price of our shares.
- We do not foresee paying cash dividends on our common stock in the foreseeable future and, as a result, our investors’ sole source of gain, if any, will depend on capital appreciation, if any.
- We cannot assure you that following a business combination with an operating business, our common stock will be listed on the Nasdaq Stock Market or any other securities exchange.
- We may face difficulties or delays in our search for a business combination, and we may not have access to sufficient capital to consummate a business combination.
Legal proceedings
We are not currently involved in any legal proceedings, and we are not aware of any pending or potential legal actions.
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
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11SEC EDGARLuis Humberto Goyzueta, President
- 12
- 13
- 14SEC EDGARSanjay Pai, Chief Strategy Officer
- 15SEC EDGARValerie A. Broadbent, SECRETARY
- 16
- 17SEC EDGARLeonard Brooks, Board member
- 18SEC EDGARStephen L. Norris, Board member
- 19
- 20SEC EDGARSteven Magami, Board member
- 21SEC EDGARFinancial statements and exhibits
- 22SEC EDGARChange of auditor
- 23SEC EDGAROther events