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GLOBAL ASSET MANAGEMENT 10-Q Filings

GAMG OTC

Every 10-Q that GLOBAL ASSET MANAGEMENT (GAMG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow GAMG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GAMG filings page.

Rhea-AI Summary

Global Asset Management Group, Inc. (GAMG) amended and restated its second-quarter 2026 report after management determined that financial information for RI Property Holdings, Inc., Memorial Real Estate Group LLC, Sustainable Properties, LLC and related acquired entities should have been consolidated. The omission was a material misstatement, and the Board concluded the previously issued statements should no longer be relied upon.

Restated results show second-quarter revenue of $236,261 and net loss of $735,998; six-month revenue was $359,514 and net loss was $1,292,840. At June 30, 2026, cash was $187,933 and the working-capital deficit was $12,453,319; GAMG disclosed substantial doubt about its ability to continue as a going concern. Disclosure controls were ineffective as of June 30, 2026, due to a material weakness in acquisition-consolidation accounting. Remediation measures had begun but were not fully implemented or tested as of the amendment date.

After June 30, GAMG established Series A preferred stock with 50,000 authorized shares; each share carries 2,500 votes and is convertible solely at the company’s option into 2,500 common shares. After cancellation of 295,001,197 common shares, 145,991,661 were outstanding on September 16, 2026.

Rhea-AI Summary

Global Asset Management Group, Inc. (GAMG) filed its quarterly report for the period ended June 30, 2026, showing a small operating platform but a highly leveraged balance sheet and significant redevelopment ambitions. The company reported six‑month revenue of $96,474 and a net loss of $465,837, driven by general and administrative, property, insurance, interest, and amortization expenses as it integrates recent acquisitions and advances real estate projects.

As of June 30, 2026, GAMG held total assets of $9.9 million, including $7.6 million of property, plant and equipment, against total liabilities of $10.2 million, primarily $10.0 million of mortgage debt, resulting in a stockholders’ deficit of $277,239. Liquidity remains tight with cash of $64,180 and modest working capital. During Q2, the company closed the Memorial Real Estate Group LLC transaction, gaining full control of a roughly 385,000‑square‑foot historic hospital campus in Pawtucket, Rhode Island, and financed related deals through $9.5 million of 6.00% convertible promissory notes maturing in 2027. Management explicitly states that substantial doubt exists about GAMG’s ability to continue as a going concern and plans to rely on additional financing, asset monetization, and redevelopment execution to support its strategy.

Rhea-AI Summary

Global Asset Management Group, Inc. reported first‑quarter 2026 revenue of $93,201 and a net loss of $376,871, or $0.00077 per basic and diluted share. Cash was $27,394 and stockholders’ equity was a deficit of $358,743, with management disclosing substantial doubt about the company’s ability to continue as a going concern.

During and after the quarter, the company continued an aggressive acquisition strategy, including Bella Rio Marketing Agency, DC Rental Portfolio, the Sustainable Properties group, and full ownership of Memorial Real Estate Group via a $6,455,000 debt‑and‑equity transaction. It also established a strategic financing relationship with Leonite Fund I, LP featuring a senior secured convertible note facility of up to $10,000,000 to fund real estate acquisitions.