Allied Energy SEC Filings

BILI Social International, Inc. director Jiao Zhenlong filed an initial ownership report on Form 3. The filing shows indirect ownership of 63,332,965 shares of Common Stock, held through 1000696113 Ontario Ltd., over which he has voting and dispositive control. The filing records holdings only and does not report any recent share purchases or sales.

BILI Social International, Inc. director Robert Martin Fotheringham filed an initial Form 3, reporting his beneficial ownership in the company. The filing shows he holds no shares of common stock directly as of June 9, 2026, reflecting a baseline disclosure rather than any new transaction.

BILI Social International, Inc., formerly Allied Energy, expanded its Board from three to six directors and appointed Robert Fotheringham, Zhenlong (Joe) Jiao, and Henoc Muamba as independent, non-employee directors. All three will serve on the Audit, Compensation, and Nominating and Corporate Governance Committees, with Fotheringham chairing Audit and Compensation and Jiao chairing Nominating and Corporate Governance.

The new directors receive a prorated $8,000 annual cash retainer plus an annual $100,000 restricted stock grant that vests quarterly, along with extra quarterly retainers for certain committee chairs. The Board also adopted formal charters for the three committees, a Code of Ethics, and an insider trading policy, steps the company links to strengthening governance ahead of a planned Nasdaq uplisting.

BILI Social International, Inc., formerly Allied Energy, Inc., is implementing a 1-for-500 reverse stock split of its common stock, effective June 5, 2026. This will reduce outstanding shares from 20,194,429,021 to approximately 40,388,859.

The company is also changing its corporate name to BILI Social International, Inc. and its OTC trading symbol. The shares will trade under the temporary symbol “AGGID” for about 20 business days and then under “BSCL.” A written consent of stockholders representing 51.3% of the voting securities approved the reverse split, name change, and symbol change.

Allied Energy, Inc. (AGGI) reported a sharp turnaround for the three months ended March 31, 2026, as its BILI social commerce platform scaled rapidly. Revenue jumped to $537,519 from $2,820 a year earlier, lifting gross margin to 75.52% and driving net income of $50,654 versus a prior net loss of $176,242.

Cash and cash equivalents were $276,832, with working capital of $1,055,529, supported by $983,538 of accounts receivable. Operating cash flow improved to $290,746, while related-party borrowings were repaid, reducing amounts due to related parties to $43,515. Management concluded that prior substantial doubt about going concern has been alleviated.

The business now operates fully through BILI Inc., an AI-powered social commerce platform that earns transaction and campaign fees. Shareholders holding about 51.3% of voting equity approved a 1-for-500 reverse stock split and a name change to BILI Social International, Inc., both still pending regulatory effectiveness. Despite stronger results, the company continues to report material weaknesses in internal control over financial reporting, including lack of an audit committee and inadequate segregation of duties.

Allied Energy, Inc. (OTC: AGGI) has transformed into an AI-driven social commerce and creator-marketing platform operating through its BILI subsidiaries. The business connects social media creators with brands via BILI Base™, BILI Boost™, and AI-enabled campaign tools, earning transaction margins and service fees.

For the year ended December 31, 2025, net revenues rose to $1,916,320 from $350,676, with gross margin expanding to 85.6%. The company moved from a 2024 net loss of $495,281 to net income of $1,059,288, helped by higher-margin managed campaigns and disciplined operating costs.

Allied ended 2025 with working capital of $1,010,988, including $298,503 in cash, versus a prior-year working capital deficit. Management still characterizes the business as early-stage and faces intense competition, evolving privacy and advertising regulations, and material weaknesses in internal controls, including lack of an audit committee and segregation of duties.

Allied Energy, Inc. director and CEO Adrian Capobianco has filed an initial Form 3 reporting his beneficial ownership of the company’s stock. The filing shows indirect ownership of 852,271,200 shares of Common Stock as of the reported date, held through 1452080 ONTARIO Inc. and USInvestcoLLC, entities over which he has voting and dispositive control. This is a disclosure of existing holdings rather than a new stock purchase or sale.

Allied Energy, Inc. informed holders that shareholders representing 51.3% of voting power approved by written consent on March 2, 2026 a change of corporate name to BILI Social International, Inc. and a 1-for-500 reverse stock split. These Actions were approved by the board the same day and will become effective no sooner than the 40th calendar day after the Notice of Internet Availability is first sent to stockholders (the Notice is first being sent on or about March 16, 2026).

The company reported 20,194,429,021 shares of common stock issued and outstanding as of the Record Date of March 9, 2026. The Reverse Stock Split will combine outstanding shares automatically on the Effective Date, with cash paid in lieu of fractional shares based on the OTCID Basic Market closing price on the Effective Date. The company intends to file Articles of Amendment with the Florida Secretary of State and to announce the effective date and new trading symbol following FINRA review.