Every 10-Q that STARK FOCUS GROUP INC (SKFG) 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 SKFG 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 SKFG filings page.
Stark Focus Group, Inc. reported no cash, no assets, and total liabilities of $5,087 at June 30, 2026, resulting in a stockholders’ deficit of $5,087. During the quarter the company eliminated $201,333 of debt, accrued interest, and payables, mainly via forgiveness by its former controlling shareholder and termination of third-party convertible notes.
The company posted net income of $65,004 for the first half of 2026, driven entirely by an $88,612 one-time gain on debt forgiveness; it generated no revenue and continues to incur general and administrative and finance costs. Management states that the lack of cash and operating revenues raises substantial doubt about its ability to continue as a going concern.
On June 25, 2026, MJG Polo LLC acquired 8,300,000 shares, or 83.43% of the then-outstanding shares, and the company shifted strategy to developing and operating data centers for AI infrastructure, including a non-binding MOU for a potential Asia-Pacific data center. After quarter-end, it raised $400,000 in a private placement of 8,400,000 shares. Disclosure controls were deemed not effective due to a material weakness in internal controls.
Stark Focus Group Inc. reports unaudited results for the three months ended March 31, 2026, with no revenue and a net loss of $3,726, narrower than the prior-year loss of $10,983. The company had no assets or cash and total liabilities of $186,538, resulting in a stockholders’ deficit of $186,538. Management discloses substantial doubt about its ability to continue as a going concern and expects to rely on additional investment capital, including convertible notes and related-party funding, to meet an estimated $60,000 of operating needs over the next 12 months. Internal controls and disclosure controls are assessed as not effective due to limited personnel and segregation of duties.
Stark Focus Group Inc. (SKFG) filed its Q3 2025 10‑Q, showing no revenues and continued operating losses. The company reported a net loss of $7,642 for the quarter and $31,468 for the nine months ended September 30, 2025. Management disclosed that these conditions raise substantial doubt about the Company’s ability to continue as a going concern.
As of September 30, 2025, Stark Focus had no cash, total liabilities of $172,156, and a stockholders’ deficit of $172,156. Convertible debt increased to $81,863 (from $49,612 at December 31, 2024); notes accrue 10% interest and carry a $0.04 per share conversion price, maturing December 31, 2028 unless converted. Current liabilities were $72,298, reflecting a working capital deficiency. Internal controls were deemed not effective due to limited personnel, lack of segregation of duties, and insufficient written policies. Shares outstanding were 9,948,330 as of September 30, 2025.