Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines
Greenlite Ventures, Inc.
A Nevada Corporation
2616 Willow Wren Dr.
North Las Vegas, NV 89084
Phone: (415) 841 3570
Website: https://greenliteventures.wordpress.com
Email: greenliteventures@hotmail.com
SIC Code: 1000
Quarterly Report
For the Period Ending: June 30, 2022
(the ―Reporting Period‖)
As of June 30, 2022, [Current Reporting Period Date or More Recent Date] the number of shares outstanding of our Common Stock was:
7,211,671
As of March 31, 2022 [Prior Reporting Period End Date], the number of shares outstanding of our Common Stock was:
7,211,671
As of March 31, 2022, [Most Recent Completed Fiscal Year End Date] the number of shares outstanding of our Common Stock was:
7,211,671
Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934):
Yes: ☒ No: ☐
Indicate by check mark whether the company's shell status has changed since the previous reporting period:
Yes: ☐ No: ☒
Indicate by check mark whether a Change in Control of the company has occurred over this reporting period:
Yes: ☐ | No: ☒ |
ITEM 1 | NAME AND ADDRESS(ES) OF THE ISSUER AND ITS PREDECESSORS (if any): |
In answering this item, provide the current name of the issuer any names used by predecessor entities, along with the dates of the name changes.
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Current Name of the issuer: Greenlite Ventures, Inc. Incorporated on December 21, 2000 in the State of Nevada as Greenlite Ventures, Inc. its current name.
Name changes: None.
The state of incorporation or registration of the issuer and of each of its predecessors (if any) during the past five years; Please also include the issuer's current standing in its state of incorporation (e.g. active, default, inactive):
Nevada, active.
Incorporated December 21, 2000 in the State of Nevada - Active
During the past 5 years the Company has been incorporated in the State of Nevada
Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors since inception:
None
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:
None
The address(es) of the issuer's principal executive office:
2616 Willow Wren Dr.
North Las Vegas, NV 89084
The address(es) of the issuer's principal place of business:
Check box if principal executive office and principal place of business are the same address: ☒
Has the issuer or any of its predecessors been in bankruptcy, receivership, or any similar proceeding in the past five years?
Yes: ☐ | No: ☒ |
If this issuer or any of its predecessors have been the subject of such proceedings, please provide additional details in the space below:
N/A
ITEM 2 SECURITY INFORMATION
As of June 30, 2022:
Trading symbol: GRNL
Exact title and class of securities outstanding - Common Stock
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CUSIP: 395368 10 3
Par or stated value: $0.00001
Total shares authorized: 100,000,000 shares as of June 30, 2022
Total shares outstanding: 7,211,671 shares as of June 30, 2022
Number of shares in the Public Float: 1,441,601 shares as of June 30, 2022
Additional Classes:
Trading symbol: None
Exact title and class of securities outstanding: Series A Preferred Stock
CUSIP: n/a
Par or stated value: $0.00001
Total shares authorized: 85,000 shares as of June 30, 2022
Total shares outstanding: 85,000 shares as of June 30, 2022
Transfer Agent:
Name: Pacific Stock Transfer Company, Inc.
Phone: 800 785 7782
Email: pacificstocktransfer.com
Address: 6725 Via Austi Parkway, Suite 300, Las Vegas, NV 89119
Is the Transfer Agent registered under the Exchange Act? Yes: ☒No: ☐
ITEM 3 | ISSUANCE HISTORY |
The goal of this section is to provide disclosure with respect to each event that resulted in any direct changes to the total shares outstanding of any class of the issuer's securities in the past two completed fiscal years and any subsequent interim period.
Disclosure under this item shall include, in chronological order, all offerings and issuances of securities, including debt convertible into equity securities, whether private or public, and all shares or any other securities or options to acquire such securities issued for services. Using the tabular format below, please describe these events.
A. Changes to the Number of Outstanding Shares
Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods: ☐
Number of | Opening Balance: | |||
Shares | *Right-click the rows below and select ―Insert‖ to add rows as needed. | |||
Common: 7,211,671 | ||||
outstanding | ||||
as of | ||||
June 30, | Preferred: | |||
2020 | Series A : 85,000 | |||
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Date of | Transactio | Number | Class of | Value | Were | Individual/ | Reason | Restri | Exempt | ||
Transactio | n type (e.g. | of | Securiti | of | the | Entity | for | cted | ion or | ||
n | new | Shares | es | shares | shares | Shares | share | or | Registr | ||
issuance, | Issued | issued | issued | were issued | issuance | Unrest | ation | ||||
cancellatio | (or | ($/per | at a | to (entities | (e.g. for | ricted | Type? | ||||
n, shares | cancelle | share) | discou | must have | cash or | as of | |||||
returned | d) | at | nt to | individual | debt | this | |||||
to | Issuan | marke | with voting | conversi | filing? | ||||||
treasury) | ce | t price | / | on) OR | |||||||
at the | investment | Nature | |||||||||
time | control | of | |||||||||
of | disclosed) | Services | |||||||||
issuan | Provide | ||||||||||
ce? | d (if | ||||||||||
(Yes/N | applicab | ||||||||||
o) | le) | ||||||||||
Shares | Ending Balance: | ||||||||||
Outstandin | |||||||||||
Common: 7,211,671 | |||||||||||
g on | |||||||||||
Preferred: | |||||||||||
June 30, | Series A: 85,000 | ||||||||||
2022: | |||||||||||
B. Debt Securities, Including Promissory and Convertible Notes |
Use the chart and additional space below to list and describe all outstanding promissory notes, convertible notes, convertible debentures, or any other debt instruments that may be converted into a class of the issuer's equity securities.
Check this box if there are no outstanding promissory, convertible notes or debt arrangements: ☒
Date of | Outsta | Princip | Inter | Maturi | Conversion Terms (e.g. | Name of | Reason for |
Note | nding | al | est | ty Date | pricing mechanism for | Noteholder | Issuance |
Issuance | Balance | Amoun | Accr | determining conversion | (entities | (e.g. Loan, | |
($) | t at | ued | of instrument to shares) | must have | Services, | ||
Issuanc | ($) | individual | etc.) | ||||
e ($) | with voting / | ||||||
investment | |||||||
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control disclosed).
ITEM 4 | FINANCIAL STATEMENTS |
A. The following financial statements were prepared in accordance with:
- U.S. GAAP IFRS
- The financial statements for this reporting period were prepared by (name of individual):
Name: | Richard Chiang |
Title: | Chief Financial Officer |
Relationship to Issuer: | Chief Financial Officer |
PLEASE SEE ATTACHED FINANCIAL STATEMENTS AND NOTES TO FINANCIAL STATEMENTS AFTER ITEM 10
ITEM 5 ISSUER'S BUSINESS, PRODUCTS AND SERVICES
A. Summarize the issuer's business operations:
Greenlite Ventures, Inc. (the ―Company‖) has no current operations or operating assets. The Company was incorporated on December 21, 2000 in the State of Nevada as a mineral exploration company. In 2008, the Company relinquished title to its mineral claims and became a shell company with no business operations or significant assets. On September 1, 2010, the Company entered the carbon offset market with the intent to market and sell carbon credits. On August 22, 2013, the Company entered into a purchase and sale agreement with Bouncy Ted, a children's game and mobile application. On August 29, 2013, the Company terminated its agreement to with its partner United Nature, Inc. and management decided to exit the carbon credit business. On January 7, 2014, the Company filed a Form 15 to cease reporting obligations under Sections 13 and 15(d) of the Securities Exchange Act of 1934. On February 21, 2019, Corporate Compliance, LLC filed a custodianship with the Eighth Judicial District Court in Clark County, Nevada and on April 11, 2019, was granted custodianship over the Company by the Eighth Judicial District Court. Corporate Compliance, LLC has since fulfilled its duties as custodian and accordingly, the management of the Company continues to work towards full rehabilitation.
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Greenlite Ventures Inc. published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2022 00:06:04 UTC.