Welcome to our dedicated page for Beliss SEC filings (Ticker: BLIS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The NAPC Defense, Inc. (BLIS) SEC filings page on Stock Titan provides access to the company’s official disclosures as filed with the U.S. Securities and Exchange Commission. These documents offer detail on corporate actions, governance structure, reporting status, and other regulatory matters for this Nevada-incorporated armament sales and production company based in Clearwater, Florida.
Among the notable filings is a Form 8-K in which NAPC Defense reports amendments to its capital structure. The company discloses an increase in authorized capital stock from 500,000,000 to 2,000,000,000 shares and the creation of a “Voting Control Preferred” share class. According to the filing, this series consists of 70 preferred shares that collectively hold 70 percent of total shareholder voting power, are non-transferable and non-convertible, and do not carry dividend or liquidation rights. The filing explains that these preferred shares vote as a block on key matters such as amendments to articles of incorporation, changes in authorized shares, mergers, and significant asset sales.
NAPC Defense has also filed multiple Form 12b-25 (NT 10-Q) notifications of late filing. In these forms, the company states that it was unable, without unreasonable effort or expense, to file its Quarterly Report on Form 10-Q for the period ended July 31, 2025 by the standard deadline. The narrative sections describe delays in finalizing financial statement presentation and subsequent events, and indicate that the company anticipated filing within the permitted extension period. The NT 10-Q filings also note that NAPC Defense did not expect significant changes in results of operations compared to the corresponding period of the prior fiscal year.
On Stock Titan, users can review these and other BLIS filings as they appear on EDGAR, while AI-powered summaries help explain the purpose and key points of each document. This includes highlighting capital structure changes reported in 8-Ks, timing and context of NT 10-Q notifications, and other regulatory information that shapes an understanding of NAPC Defense’s governance and reporting profile.
NAPC Defense, Inc. reports a net loss of $897,416 for the quarter and $1,481,668 for the six months ended October 31, 2025, with no revenue and higher operating expenses. Cash was $27,492 against current liabilities of $1,825,051, creating a working capital deficit of $1,775,936 and total stockholders’ deficit of $1,744,727.
The company discloses substantial doubt about its ability to continue as a going concern, expects no significant revenues for the foreseeable future, and relies on $1,379,631 of convertible notes payable plus $174,954 of accrued interest, including some notes already in default. As of October 31, 2025 it had 334,633,460 common shares outstanding and about 190,814,779 shares underlying outstanding convertible notes and warrants, highlighting significant potential dilution. NAPC has exited its former business lines to focus on defense products such as CornerShot systems, ballistic protection and small arms, increased authorized common shares to 2,000,000,000, and authorized a new Voting Control Preferred class representing 70% of total voting power, though no such preferred shares have been issued.
NAPC Defense, Inc. reported two board-approved actions on October 14, 2025: a major increase in authorized capital and the creation of a new voting control class.
The Board expanded authorized capital from 500,000,000 to 2,000,000,000 shares to support future acquisitions, joint ventures, equity financings, and other strategic initiatives. This adds flexibility for potential transactions and growth plans.
The company also designated a new series of “Voting Control Preferred” shares, consisting of 70 shares. Each carries 1% of aggregate voting power, for a total of 70% voting power. These shares are non-transferable, non-convertible, carry no dividends or liquidation rights, and have no monetary or residual value. They vote exclusively as a block directed by the Board on matters requiring shareholder approval, including amendments to the articles, changes in authorized shares, mergers, significant asset sales, and other fundamental actions. Both actions were authorized under Nevada law and the company’s Articles of Incorporation.
NAPC Defense, Inc. (BLIS) filed a 10-Q showing the company is operating with constrained liquidity and has an immediate need for additional working capital of
The company entered a three-year lease for ~2,900 sq ft in Clearwater, Florida with base rent starting at
NAPC Defense, Inc. (BLIS) amended its annual report and disclosed a going concern uncertainty, stating it needs additional working capital and is seeking debt, equity, or combined financing. The company increased authorized common shares to 500,000,000 and reported 238,251,927 shares issued as of April 30, 2025. Management impaired intellectual property of $1,615,000 to zero because no sales or licenses were closed by that date. Convertible instruments and warrants significantly dilute equity: 127,072,970 shares underlying convertible notes and 11,867,909 underlying warrants are noted, with numerous warrants issued at low exercise prices. A full valuation allowance was maintained on deferred tax assets. Several reclassifications and discontinued-operations adjustments were made to prior-year amounts.
NAPC Defense, Inc. filed a notice that it will be late filing its Quarterly Report on Form 10-Q for the period ended July 31, 2025. The company, formerly known as Treasure & Shipwreck Recovery, Inc., says it could not meet the September 15, 2025 deadline for smaller reporting companies without unreasonable effort or expense.
NAPC Defense cites delays in finalizing the presentation of its financial statements and subsequent events, and notes that its independent registered public accounting firm needs additional time to complete its review. The company anticipates filing the Quarterly Report no later than the fifth calendar day after the prescribed due date.
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