Londax Corp. (LDXC), renamed Alpha Digital Voltz Inc. on July 22, 2026, reported no revenue and a $368,547 net loss for the three months ended August 31, 2026, compared with $3,107 in revenue and a net loss of $11,943 a year earlier. After Alpha Investment Inc. acquired control on July 13, 2026, the company described a new focus on AI infrastructure, energy, and data center campuses. It attributed the larger loss primarily to $350,000 of stock-based compensation and legal, regulatory, filing, and transfer-agent costs.
At August 31, 2026, cash and total assets were $0, current liabilities were $16,774, and accumulated deficit was $409,169. The company said substantial doubt exists about its ability to continue as a going concern and that additional capital is needed. Alpha Investment Inc. paid $18,573 in expenses and liabilities; the company issued 2,768,865 restricted shares to it to settle $2,768.87 in documented advances, leaving $15,804 payable to the related party. It also issued 350,000 shares to consultants and contractors for services at $1.00 per share. Management said disclosure controls were ineffective because of material weaknesses in internal control over financial reporting.
Londax Corp. (LDXC), a Wyoming-based development-stage technology company, reported audited fiscal 2026 results for the year ended May 31, 2026 showing a continued development-stage profile with a post-year-end change in control and a planned strategic pivot toward AI and digital infrastructure projects.
Revenue was $28,323, down 57.3% from $66,410 in 2025 as the company shifted from one-time services to subscription-based revenue. Londax recorded a net loss of $37,343 versus a $1,198 loss in 2025, driven by higher professional fees and increased amortization and depreciation. At May 31, 2026, Londax had no cash, total assets of $44,347, current liabilities of $44,035 (including $37,741 of related-party loans), and stockholders’ equity of $312.
The auditor and management both highlight substantial doubt about the company’s ability to continue as a going concern, citing limited revenue, accumulated deficit of $40,622, negative working capital and dependence on related-party support or new financing. Internal controls over financial reporting were concluded to be not effective due to material weaknesses, including lack of segregation of duties and an underdeveloped financial reporting process.
After year-end, Alpha Investment Inc. acquired 2,002,035 shares and later held 4,770,900 shares, giving it about 89.18% of the 5,350,000 common shares outstanding as of September 1, 2026. New CEO Jon S. Cummings IV assumed leadership, the company adopted a 500,000-share equity incentive plan (with 350,000 shares issued to consultants), and began evaluating capital-intensive data-center and digital infrastructure opportunities that remain in early planning stages.
Londax Corp. (LDXC) filed a Form 12b-25 to announce a late filing of its Annual Report on Form 10-K for the fiscal year ended May 31, 2026. Management states that the 10-K could not be filed on time because additional time is needed to complete the year-end audit and to finalize the financial statements and related disclosures.
The company indicates it expects to file the Form 10-K within the 15-day extension period permitted under Rule 12b-25. Londax also discloses, based on preliminary unaudited information, that it anticipates a significant change in results of operations compared with the prior fiscal year, with final results still subject to completion of the audit.
Londax Corp. reports a completed change in control following the sale of 2,002,035 shares of common stock to Alpha Investment Inc., with the final closing deemed July 13, 2026. Alpha now holds approximately 76% of outstanding common shares, giving it effective control over board elections and other shareholder decisions.
Former sole officer and director Giorgi Loloshvili and directors Mariami Togonidze and Ani Vashakidze resigned effective June 29, 2026. Jon S. Cummings IV, age 57, was appointed chief executive officer, treasurer, secretary and sole director. The company also relocated its principal office and corporate records to 201 E. Fifth St., Suite 1900, Cincinnati, Ohio 45202.
Londax Corp. reported a change in control after Alpha Investment Inc. consummated the acquisition of 2,002,035 shares of its common stock on July 13, 2026, giving Alpha beneficial ownership of approximately 90% of the issued and outstanding shares and effective control over board elections and stockholder decisions.
In anticipation of this closing, former sole officer and director Giorgi Loloshvili resigned effective June 29, 2026, and Jon S. Cummings IV was appointed Chief Executive Officer, Treasurer, Secretary, and sole director in connection with the transaction. Effective July 13, 2026, Londax relocated its principal executive offices from Limassol, Cyprus to Cincinnati, Ohio.
Londax Corp. reports quarterly results that highlight early-stage growth but rising financial strain. For the nine months ended February 28, 2026, revenue was $19,918, down sharply from $66,410 a year earlier as the company shifted from one-time projects to annual subscription contracts that recognize revenue over time.
The company posted a nine-month net loss of $33,089, versus net income of $24,052 in the prior-year period, driven by higher professional fees and amortization. Cash was only $13,951 against total liabilities of $63,995, including a $49,485 related party loan.
Management states that these factors raise substantial doubt about Londax’s ability to continue as a going concern and plans to seek additional funding through private or public offerings. The business remains a development-stage software and IT consulting company focused on its Londax.ai CRM and recruitment platform and related tools like the Roleform interview kit generator.
Londax Corp. reported a sharp deterioration in results for the quarter and six months ended November 30, 2025. For the quarter, revenue fell to $8,405 from $27,537 a year earlier and the company swung from net income of $12,453 to a net loss of $28,442. For the six‑month period, revenue dropped to $11,513 from $53,245, with a net loss of $40,385 versus prior net income of $22,750.
Management explains that revenue declined mainly because it shifted from one‑time service fees to annual subscriptions that are recognized over time. At the same time, operating expenses rose sharply, driven by higher professional fees and amortization of capitalized software and platform development. As of November 30, 2025, Londax had $13,951 in cash, total liabilities of $81,553, and a stockholders’ deficit of $2,730, leading to a going concern warning due to accumulated losses of $43,664 and dependence on additional funding. The company had 2,231,135 common shares outstanding as of January 14, 2026, after its president cancelled 3,000,000 restricted shares in July 2025.
Londax Corp. disclosed that Ani Vashakidze became a director on August 7, 2025, and at that time she did not beneficially own any Londax Corp. securities. This filing is an initial ownership report required when someone becomes subject to insider reporting rules. It confirms that, as of her appointment date, she held no direct or indirect non-derivative or derivative securities of the company.
Londax Corp. filed an initial ownership report for director Mariami Togonidze. She became subject to insider reporting rules on October 14, 2025, when she was appointed as a director of Londax Corp. (ticker LDXC). The filing states that she beneficially owned no Londax Corp. securities, including both non-derivative and derivative securities, as of that date.
Londax Corp. (LDXC) filed its Q1 FY2026 10-Q, reporting revenue of $3,107 and a net loss of $11,943 for the three months ended August 31, 2025. Management disclosed a “substantial doubt” going concern uncertainty due to accumulated deficit of $15,222, limited cash, and reliance on related-party support.
The company shifted from one-time services to annual subscriptions, which recognize revenue over time and contributed to a year-over-year revenue decline. Operating expenses were $14,848, including $6,257 of amortization and depreciation as newly developed software and apps enter amortization.
Cash increased to $24,602, aided by $30,514 of deferred income, while current liabilities totaled $75,335. On July 31, the president canceled 3,000,000 restricted shares, reducing common shares outstanding to 2,231,135 as of October 20, 2025. Subsequent events included a board change and the appointment of an interim CEO and CFO.