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Spirits Time Intl (SRSG) 10-K Filings

SRSG OTC

Here are the 10-K annual reports from Spirits Time Intl Inc (SRSG) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-K covers the audited annual report, with the full financial statements, so if you follow SRSG 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 SRSG filings page.

Rhea-AI Summary

Spirits Time International, Inc., an inactive shell company, filed its annual report describing continued losses, heavy debt and a focus on finding a merger or acquisition target rather than operating a standalone business. The company has no revenues and relies on loans from related and third parties.

For the year ended December 31, 2024, Spirits Time reported a net loss of $451,328, similar to the $472,518 loss in 2023, bringing its accumulated deficit to $2,880,196. At year-end 2024 it held cash of only $2,377 against current liabilities of $1,353,666, resulting in a working capital and stockholders’ deficit of $1,351,289. The auditor issued a going concern opinion, citing recurring losses, no ongoing operations and significant deficits. The company’s stock trades on the OTC Pink marketplace under symbol SRSG, with 7,498,305 common shares outstanding and substantial additional potential dilution from preferred stock and convertible debt.