Welcome to our dedicated page for Concrete Leveling Sys SEC filings (Ticker: CLEV), 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.
Concrete Leveling Systems, Inc. filings document the company's public-reporting status, financial disclosure process, and accounting-governance matters. Form 12b-25 notices address delayed periodic reports and the completion and review of financial statements and related disclosures.
Current reports describe material corporate events such as changes in the company's independent registered public accounting firm and related Regulation S-K Item 304 disclosures. The filing record frames CLEV's obligations as a Nevada registrant, including periodic reporting, audit oversight, and governance disclosure requirements.
Concrete Leveling Systems, Inc. filed an 8-K disclosing a change in its independent registered public accounting firm. On June 12, 2026, the board and Stephano Slack LLC mutually agreed to end Stephano’s engagement, and the company appointed Sadler, Gibb & Associates, LLC as the new auditor effective the same date.
Stephano’s report on the company’s consolidated financial statements for the fiscal year ended July 31, 2025 included an explanatory paragraph expressing substantial doubt about Concrete Leveling Systems’ ability to continue as a going concern, which is treated as a reportable event. The company states there were no disagreements with Stephano on accounting principles, practices, or audit scope, and that it did not previously consult Sadler Gibb on accounting matters or audit opinions.
Concrete Leveling Systems, Inc. reported very small but positive results for the six months ended January 31, 2026, with revenue of $55,150 versus $308 a year earlier and net income of $862 compared with a prior net loss.
For the same six‑month period, operating expenses rose to $48,724, mainly from higher accounting, auditing and commissions, while interest expense was $4,503. Total assets were $41,943 and total liabilities were $662,730, leaving a stockholders’ deficit of $620,787.
Despite the small profit, the company discloses substantial doubt about its ability to continue as a going concern. Current liabilities exceed current assets by $621,820, operations rely heavily on non‑interest‑bearing advances of about $378,210 from merger partner Jericho, and cash had fallen to roughly $1,200 as of March 23, 2026, which management believes funds operations only through April 30, 2026.
The long‑pending gaming and hospitality transaction with Jericho remains subject to regulatory approval, final documentation and financing, and shares issued in that deal are still contingent. Management also notes previously identified material weaknesses in internal control over financial reporting; disclosure controls and procedures were considered not effective as of January 31, 2026.
Concrete Leveling Systems, Inc. reports a sharp turnaround for the three months ended October 31, 2025, driven by the sale of a complete leveling unit. Revenue rose to $55,000 from $183 a year earlier, producing net income of $16,679 versus a prior net loss of $24,803. Cash increased to $29,414 from $824, and net cash provided by operating activities was $28,590.
Despite this profitable quarter, the company remains highly leveraged, with total liabilities of $651,146 against assets of $46,176 and an accumulated deficit of $1,052,206. Management states there is substantial doubt about the company’s ability to continue as a going concern and notes that existing cash resources are only expected to fund operations through February 28, 2026. Operations are being supported by non‑interest‑bearing advances of approximately $384,879 from proposed merger partner Jericho Associates, Inc., while the gaming and hospitality project tied to that merger remains subject to regulatory review, final documentation, and financing. Disclosure controls and procedures are deemed not effective due to previously identified material weaknesses in internal control over financial reporting.
Concrete Leveling Systems, Inc. (CLEV) reported FY2025 results for the year ended July 31, 2025. Revenue was $703 and the company recorded a net loss of $61,390. Operating expenses were $51,597, driven mainly by legal and professional fees.
The auditor highlighted substantial doubt about the company’s ability to continue as a going concern. At July 31, 2025, cash was $824, total liabilities were $641,128, and the stockholders’ deficit was $621,649. Management also concluded that disclosure controls and procedures and internal control over financial reporting were not effective due to material weaknesses.
As of October 29, 2025, 14,027,834 common shares were outstanding. A long-pending Jericho Associates transaction remains contingent on regulatory review, closing documentation, and financing; if completed, certain officers have agreed to cancel significant portions of their holdings. Subsequent to year-end, on August 19, 2025, the company sold a complete concrete leveling unit for $55,000.
Concrete Leveling Systems, Inc. reported that its Board, acting as the Audit Committee, dismissed Astra Audit & Advisory LLC as independent registered public accounting firm effective September 22, 2025.
The company simultaneously engaged Stephano Slack LLC as its new auditor for the fiscal year ending July 31, 2025. Astra’s prior reports for fiscal years ended July 31, 2024 and 2023 contained no adverse opinions, disclaimers, or qualifications, and the company states there were no disagreements or reportable events with Astra during those periods or the subsequent interim period. The company has requested Astra’s consent letter to the SEC and plans to file it by amendment when received.