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OTC: CCTC

LataMed AI Corp.

CIK 0001477960 · Computer & Data Processing

Catalyst Crew Technologies Corp. (“Catalyst Crew,” the “Company,” “we,” “us,” or “our”) is a development-stage technology company focused on the research, development, and future commercialization of facial recognition technology (“FRT”) solutions. Our business is centered on building… About this business →

10-Q Filed May 20, 2026 · Period ending Mar 31, 2026

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8-K Filed May 8, 2026 · Period ending May 6, 2026

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8-K Filed May 4, 2026 · Period ending Apr 28, 2026

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10-K Filed Apr 16, 2026 · Period ending Dec 31, 2025

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8-K Filed Apr 13, 2026 · Period ending Feb 17, 2026

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10-Q Filed Nov 14, 2025 · Period ending Sep 30, 2025

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10-K Filed Apr 23, 2025 · Period ending Dec 31, 2024

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About LataMed AI Corp.

Source: Item 1 (Business) from the 10-K filed April 16, 2026. Description as filed by the company with the SEC.

ITEM 1. BUSINESS.

Corporate Overview

Catalyst Crew Technologies Corp. (“Catalyst Crew,” the “Company,” “we,” “us,” or “our”) is a development-stage technology company focused on the research, development, and future commercialization of facial recognition technology (“FRT”) solutions. Our business is centered on building software-based FRT systems designed to support identity verification, access control, security, and analytics use cases across select commercial and institutional markets.

The Company was originally incorporated in Nevada on September 11, 2008. Following a series of corporate reorganizations and changes in management, the Company re-evaluated its strategic direction in 2024 and transitioned to its current business focus on facial recognition technology. Since that time, management has devoted its efforts to establishing the technological foundation, defining intended applications, and evaluating regulatory, ethical, and operational considerations associated with the responsible development of FRT.

We are in the early stages of developing our technology and have not yet generated revenue from operations. Our activities to date have primarily consisted of technology development, product design, strategic planning, and the evaluation of potential commercialization pathways. The timing and scope of future commercialization efforts are dependent on, among other things, our ability to secure additional financing, complete development milestones, and comply with applicable regulatory and privacy requirements.

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We intend to continue investing in the development of our facial recognition technology with the objective of advancing toward commercial deployment beginning in 2026, subject to available capital and market conditions. There can be no assurance that we will successfully complete development, obtain necessary financing, or achieve commercialization on a timely basis, if at all.

Business Focus – Facial Recognition Technology

The Company’s business is focused on the development of facial recognition technology (“FRT”) software designed to support identity verification, access management, and analytical use cases. Our technology is being developed to analyze facial images and video data to identify, verify, or classify individuals based on biometric facial characteristics, while incorporating safeguards intended to address accuracy, privacy, and ethical considerations.

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Our development efforts are directed toward creating flexible, software-based FRT solutions that may be deployed across a range of commercial and institutional environments. We are designing our technology to be modular in nature, allowing for integration with existing systems and platforms, including cameras, databases, and third-party software applications. While our technology is still under development, we believe this approach provides adaptability for different end-user requirements and regulatory environments.

We intend for our facial recognition solutions to support use cases such as identity authentication, access control, security monitoring, and data-driven analytics. These intended applications are designed to assist organizations in enhancing security, operational efficiency, and decision-making processes. However, our technology has not yet been commercialized, and we have not generated revenue from these activities.

A key aspect of our business focus is the responsible development of facial recognition technology. Management is mindful of the heightened regulatory scrutiny, privacy considerations, and ethical concerns associated with biometric technologies. As a result, we are incorporating considerations related to data protection, transparency, and bias mitigation into our development process. Our objective is to build technology that aligns with evolving legal standards and industry expectations governing the collection and use of biometric data.

Our continued development efforts are dependent on access to additional capital, the successful advancement of our technology, and ongoing evaluation of regulatory and market conditions. We expect to continue refining our facial recognition technology with the goal of progressing toward potential commercialization beginning in 2026, subject to financing and other factors beyond our control.

Development Status

The Company is a development-stage technology company and has not yet generated revenue from its planned facial recognition technology operations. Our activities to date have primarily consisted of research and development, technology design and refinement, evaluation of potential use cases, and strategic planning related to the future commercialization of our facial recognition solutions.

During the fiscal year ended December 31, 2025, our development efforts were limited by capital constraints. As a result, progress during this period focused on maintaining and advancing core development initiatives, evaluating technical architecture, and assessing regulatory, privacy, and ethical considerations relevant to facial recognition technology. We did not engage in large-scale product launches, customer deployments, or revenue-generating activities during this period.

We currently do not have any commercial products available for sale and have not entered into revenue-producing customer agreements. Our ability to move beyond the development stage and commence commercialization will depend on a number of factors, including our ability to secure additional financing, complete development milestones, and adapt our technology to applicable legal and regulatory requirements.

Management intends to continue development of the Company’s facial recognition technology with the objective of progressing toward initial commercialization beginning in 2026, subject to the availability of capital and market conditions. There can be no assurance that sufficient financing will be obtained, that development efforts will be successfully completed, or that commercialization will occur as anticipated, if at all.

Technology Overview

The Company is developing facial recognition technology (“FRT”) software that leverages artificial intelligence, machine learning, and computer vision techniques to analyze facial images and video data for identification, verification, and analytical purposes. Our technology is intended to process visual inputs to extract and compare biometric facial features in order to support a range of identity-related use cases.

Our development approach focuses on building software-based systems capable of operating across varied environments and data inputs. The technology is designed to capture facial images from still photographs or video streams, perform preprocessing to enhance image quality and normalize facial features, and apply analytical models to generate biometric templates that may be used for comparison and classification. These processes are intended to function across different lighting conditions, camera qualities, and facial orientations, although performance may vary based on implementation and operating conditions.

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We are designing our facial recognition technology using a modular architecture, allowing components such as face detection, feature extraction, matching, and analytics to be developed and refined independently. This approach is intended to provide flexibility for future integration with third-party platforms, databases, and hardware systems, as well as adaptability to evolving regulatory and customer requirements.

In developing our technology, we utilize a combination of internally developed software and widely used open-source frameworks and libraries commonly employed in artificial intelligence and computer vision applications. These tools are used to support model development, training, testing, and optimization. While the use of open-source components can accelerate development, it also requires careful management of licensing, security, and compliance considerations, which we continue to evaluate as part of our development process.

Our technology development efforts also incorporate considerations related to data privacy, accuracy, and bias mitigation. Management is evaluating techniques intended to improve model performance across diverse datasets and operating conditions, as well as methods designed to reduce the risk of inaccurate or biased outputs. These efforts are ongoing and remain subject to technical, regulatory, and resource constraints.

At this stage, our facial recognition technology remains under development and has not been commercialized. Further advancement of the technology will require additional development work, testing, and validation prior to any potential commercial deployment.

Target Markets & Intended Applications

The Company is developing its facial recognition technology with the intent to address identity verification, access control, and analytical needs across select commercial and institutional markets. While our technology has not yet been commercialized, management has identified several market segments where facial recognition solutions are increasingly being evaluated as part of broader security, authentication, and operational efficiency initiatives.

We currently intend to focus on markets where biometric technologies may provide value through enhanced identity verification and secure access management. These markets may include commercial facilities, enterprise environments, and organizations that require controlled access to physical or digital resources. Our technology is being designed to support authentication and monitoring use cases where accuracy, reliability, and compliance with applicable privacy standards are critical considerations.

In addition, we believe facial recognition technology may have applications in sectors that utilize analytics to support operational decision-making. These potential applications may include security monitoring, fraud prevention, and other analytical functions that rely on identity-based data insights. Any such applications would be subject to applicable laws, regulatory requirements, and organizational policies governing the collection and use of biometric data.

Our intended applications are designed to be adaptable to different deployment environments, including on-premises systems and software-based platforms, depending on customer requirements and regulatory constraints. However, we have not yet finalized product configurations, pricing models, or go-to-market strategies, and we have not entered into any commercial agreements related to these markets.

The identification of these target markets and intended applications reflects management’s current expectations based on industry trends and regulatory considerations. Actual market adoption, if any, will depend on a number of factors, including the successful completion of development efforts, the availability of capital, customer acceptance, competitive dynamics, and evolving legal and regulatory frameworks.Top of Form

Regulatory, Privacy, and Ethical Considerations

The development and use of facial recognition technology are subject to increasing regulatory oversight, evolving privacy laws, and heightened ethical considerations. Management recognizes that biometric technologies, including facial recognition, raise important issues related to data protection, individual privacy, transparency, and potential bias. These considerations are integral to the Company’s development process and long-term business strategy.

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Facial recognition solutions may be subject to a variety of domestic and international laws and regulations governing the collection, storage, processing, and use of biometric data. These laws may include data protection and privacy frameworks at the federal, state, and international levels, as well as industry-specific regulations. Compliance obligations may vary by jurisdiction and may change over time, potentially affecting the design, deployment, and commercialization of our technology.

The Company is incorporating privacy and data protection considerations into its development efforts, including evaluating approaches intended to limit data retention, support lawful data use, and align with emerging regulatory expectations. However, regulatory requirements in this area continue to evolve, and compliance may require ongoing modifications to our technology, policies, or business practices.

In addition to regulatory considerations, management is mindful of ethical issues associated with facial recognition technology, including concerns related to accuracy, bias, and the potential misuse of biometric data. As part of our development process, we are evaluating methodologies and controls intended to promote responsible use of our technology and to mitigate the risk of unintended or discriminatory outcomes. These efforts are ongoing and may be constrained by technical, regulatory, and financial factors.

Failure to adequately address regulatory, privacy, or ethical considerations could adversely affect the Company’s ability to commercialize its technology, limit market adoption, or expose the Company to legal or reputational risks. Accordingly, management intends to continue monitoring regulatory developments and ethical standards relevant to facial recognition technology as the Company advances its development efforts.

Employees & Contractors

As of December 31, 2025, the Company had no full-time employees and utilized independent contractors to support its operations and technology development efforts, as needed. Our workforce structure reflects our status as a development-stage company and our focus on managing costs while advancing our facial recognition technology initiatives.

The Company’s employees and contractors will be primarily engaged in technology development, research, strategic planning, and administrative functions. We rely on independent contractors for certain specialized services, including software development and technical support, which allows us to access specific expertise without maintaining a large fixed workforce.

Management believes that our current personnel structure is appropriate for our present stage of development. As the Company’s operations progress and subject to the availability of capital, we may seek to expand our workforce or increase contractor engagement to support additional development, testing, and potential commercialization activities.

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Corporate History

The Company was incorporated on September 11, 2008, as a Nevada corporation under the name Hermes Jet Inc. The Company initially intended to operate in the executive aircraft brokerage sector but did not establish sustained operations.

In January 2011, the Company filed a registration statement on Form S-1 under the Securities Act of 1933. Due to the lack of meaningful operations, the Company suspended its reporting obligations in June 2013 by filing a Form 15. The Company ceased operations in 2016.

In June 2018, Hybrid Titan Management, LLC initiated legal proceedings against the Company related to legacy liabilities. In January 2019, a Nevada state court appointed a receiver to manage the affairs of the Company. During the receivership, the receiver reinstated the Company’s corporate status, addressed outstanding regulatory and state filings, and appointed new management. The receivership concluded in 2019.

Following the conclusion of the receivership, the Company resumed corporate activities under new management. In March 2023, the Company entered into an asset purchase agreement pursuant to which it acquired certain data analytics–related assets and evaluated opportunities in data-driven software development.

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In September 2023, the Company restructured its executive leadership and board of directors and began pursuing development of analytics software through operating subsidiaries. During this period, the Company did not generate revenue from operations.

In June 2024, following a change in control and additional management changes, the Company undertook a strategic review of its business. As a result, the Company ceased its data analytics initiatives, relinquished its interests in existing subsidiaries, and transitioned its business focus to the development of facial recognition technology. In connection with this transition, the Company acquired facial recognition technology–related intellectual property and reconstituted its board of directors and executive management.

The Company approved a change of its corporate name to Catalyst Crew Technologies Corp. to better reflect its current business focus and intends to effect the name change when management determines it is appropriate. In the interim, the Company operates under the name Catalyst Crew Technologies.

Subsequent Events

On February 17, 2026, the Company entered into an Affiliate Stock Purchase Agreement pursuant to which Kevin Rodan Levy (“Dr. Levy”) acquired 28,000,000 shares of the Company’s common stock from Andrew Gaudet for aggregate consideration of $10,000 in cash. The source of funds for such purchase was Dr. Levy’s personal funds.

Contemporaneously therewith, on February 17, 2026, the Company entered into an Asset Purchase Agreement (the “APA”) with Dr. Levy pursuant to which the Company acquired certain assets relating to (i) an artificial intelligence-enabled healthcare analytics platform and (ii) a technology-enabled healthcare services coordination platform (collectively, the “Acquired Assets”). In consideration for the Acquired Assets, the Company issued 12,000,000 restricted shares of common stock to Dr. Levy.

Immediately following the stock purchase transaction and the issuance of the 12,000,000 shares pursuant to the APA, Dr. Levy beneficially owned 40,000,000 shares of the Company’s common stock, representing approximately 71.1% of the Company’s then issued and outstanding shares of common stock. As a result, a change in control of the Company occurred.

In connection with the change in control described above, the following individuals resigned from their respective positions with the Company, effective February 17, 2026:

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Andrew Gaudet resigned as Director and Chief Operating Officer;

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Waqas Nakhwa resigned as Chairman, Chief Executive Officer, Chief Financial Officer, President, Secretary, and Director;

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Navneet B. Tayal resigned as Director; and

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Vineet Jawa resigned as Director.

Each resignation was not the result of any disagreement with the Company relating to the Company’s operations, policies, or practices.

Effective February 17, 2026, Kevin Rodan Levy was appointed as Sole Director of the Company; Chief Executive Officer; President; Chief Financial Officer; Secretary; and Treasurer.

On March 23, 2026, the Company completed the acquisition of one hundred percent (100%) of the issued and outstanding shares of Inversiones Long 33, C.A. pursuant to a Share Assignment Agreement with Kevin Rodan Levy. As a result of the foregoing, Inversiones Long 33, C.A. is a wholly-owned subsidiary of the Company. The Subsidiary was previously formed and is intended to serve as the Company’s operating entity in Venezuela and as part of its broader Latin American strategy.

On March 31, 2026, the Board of Directors of Catalyst Crew Technologies Corp. (the “Company”) appointed Carlos Peña, age 38, as Chief Financial Officer of the Company.

The foregoing transactions were disclosed in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on February 25, 2026.

AVAILABLE INFORMATION

The Company prepares and files annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and certain other information with the SEC. The SEC maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC at http://www.sec.gov.