OTC: HSCT
HOOPS SCOUTING USACIK 0001721056 · SIC 7374 · Computer Processing & Data Preparation
Hoops Scouting USA was incorporated on October 31, 2016 under the laws of the State of Wyoming. We offer a basketball website for high school basketball players with aspirations of playing post-secondary basketball. Our website www.hoopsscoutingusa.com (the “Website”) will be the main hub and we… About this business →
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Latest financial statements
From 10-K filed Oct 23, 2026 (period ending Jun 30, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Statements of operations and comprehensive loss
| Description | Year ended June 30, 2026 | Year ended June 30, 2025 |
|---|---|---|
| Sales | 20,000 | - |
| Cost of goods sold | (15,755) | - |
| Gross Profit | 4,245 | - |
| Expenses | ||
| General and administrative | 359 | 263 |
| Professional fees | 35,010 | 12,428 |
| Transfer agent and filing fees | 44,169 | 7,427 |
| Total expenses | 79,538 | 20,118 |
| Other Income | ||
| Legal Settlement (Note 9) | 4,229 | - |
| Total other income | 4,229 | - |
| Net loss | (71,064) | (20,118) |
| Loss per share, basic and diluted | (0.00) | (0.00) |
| Weighted average shares outstanding | 101,250,000 | 101,250,000 |
Balance Sheets
| Description | June 30, 2026 | June 30, 2025 |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash | 8,013 | 20 |
| Inventory | 61,114 | 76,869 |
| Total current assets | 69,127 | 76,889 |
| Total assets | 69,127 | 76,889 |
| Liabilities and stockholders’ deficit | ||
| Current liabilities | ||
| Accounts payable | 12,959 | 2,732 |
| Accrued liabilities | 1,000 | - |
| Due to related party (Note 3) | 287,019 | 234,944 |
| Loans payable (Note 7) | 16,000 | 16,000 |
| Total current liabilities | 316,978 | 253,676 |
| Total liabilities | 316,978 | 253,676 |
| Nature of operations and continuance of business (Note 1) | ||
| Stockholders’ deficit | ||
| Common stock Authorized: 10,000,000,000 common shares, $0.0001 par value 101,250,000 shares issued and outstanding as of June 30, 2026 and June 30, 2025 respectively | 10,125 | 10,125 |
| Additional paid-in capital | 124,925 | 124,925 |
| Accumulated deficit | (382,901) | (311,837) |
| Total stockholders’ deficit | (247,851) | (176,787) |
| Total liabilities and stockholders’ deficit | 69,127 | 76,889 |
Consolidated Statements of Cash Flows
(in dollars, except per share amounts; mapped from filer XBRL tags, not printed on the filing face)
| Description | Year ended Jun 30, 2026 | Year ended Jun 30, 2025 |
|---|---|---|
| Operating Activities: | ||
| Net cash from operating activities | (44,082) | (29,053) |
| Financing Activities: | ||
| Net cash from financing activities | 52,075 | 28,997 |
| Net increase/(decrease) in cash | 7,993 | (56.00) |
Statements found on the EDGAR/iXBRL face print as filed; the rest are presentation-friendly mappings of filer XBRL tags, at the scale noted on each table. EPS as reported. Use EDGAR for interactive notes and detail. Interactive statements & notes on EDGAR ↗
About HOOPS SCOUTING USA
Source: Item 1 (Business) from the 10-K filed October 23, 2026. Description as filed by the company with the SEC.
ITEM 1. BUSINESS.
Corporate History
Hoops Scouting USA was incorporated on October 31, 2016 under the laws of the State of Wyoming. We offer a basketball website for high school basketball players with aspirations of playing post-secondary basketball. Our website www.hoopsscoutingusa.com (the “Website”) will be the main hub and we are developing an app that will work in unison with the Website.
We are in the early stage of operations. During the year ended June 30, 2026, we generated our first revenues of $20,000 from the sale of basketball merchandise inventory. Jamie Oei has served as our President, Chief Executive Officer, Chief Financial Officer, Secretary and Treasurer since our inception. Our board of director is comprised of one person: Jamie Oei. Our officer and director, Jamie Oei, currently lives in Canada, and our current assets are located in the United States. We have never declared bankruptcy, have never been in receivership, and have never been involved in any legal action or proceedings.
We received our initial funding of $50 through the sale of common stock from our officer and director, who purchased (500,000 before split) 37,500,000 shares of common stock at $0.0001 per share. During the year ended June 30, 2021, the Company received $32,000 of share subscriptions relating to a private placement of common shares at $0.10 per share. During the year ended June 30, 2022, the Company received $3,000 of share subscriptions relating to a private placement of common shares at $0.10 per share. On October 15, 2021, the Company issued (350,000 before split) 26,250,000 common shares at $0.10 per share relating to private placement proceeds of $35,000 that was received as of September 30, 2021. In furtherance of our business plan, on February 17, 2023, we entered into an Asset Purchase Agreement with Grit Performance Athletics Inc. (“Grit Performance”) to acquire all right, title and interest of Grit Performance and its Affiliates in the Grit Mobile Application and related products, including website, Instagram account, etc. (the “Assets”). The Assets are valued at $100,000 and were paid for by the issuance of (500,000 before split) 37,500,000 restricted shares of our common stock to Grit Performance.
Read full description ↓
Hoops Scouting USA is a basketball scouting website for high school basketball players with aspirations of playing post-secondary basketball. The Hoops Scouting USA website will allow high school players to set up accounts, which include game film, schedules for high school and AAU games, stats, and high school academic marks. This will allow coaches to be able to see players and their stats and can plan their recruiting with the team schedules. This brings international recruiting to the desk of every college coach in the United States from Division 1, Division 2, Divisions 3, NAIA, and Junior College.
Our products and products description
Hoops Scouting USA is a basketball website for high school basketball players with aspirations of playing post-secondary basketball. It is also an avenue for smaller university coaches who do not have the means to recruit larger areas of the United States and Internationally.
Hoops Scouting USA will allow high school players to set up accounts which include game film, schedules for high school and AAU games, stats, and high school academic marks. This will allow coaches to be able to see players and their stats and can plan their recruiting with the team schedules. This brings international recruiting to the desk of every college coach in the United States from Division 1, Division 2, Divisions 3, NAIA, and Junior College.
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This also allows players from Europe, Australia, Asia, and South America to pursue opportunities in the United States to schools that would normally not be able to recruit in such a wide range. Many of the larger schools with bigger recruiting budgets are often the only ones to be able to see these international players. Often only the top players get a chance and the second and third tier players do not get a chance to be recruited. This will all change with Hoops Scouting USA.
The website will be the main hub but being able to upload stats and game film directly from a smart phone will allow players and coaches to get almost immediate information. Development of an app to allow this will eventually work in unison with the website.
Revenue will be split between several revenue streams.
1.
Player Membership
a.
Players sign up for full memberships which allow players to upload unlimited videos to or website and app
b.
Players sign up for partial memberships to upload one or two videos at a time.
2.
Coaching Membership - Coaches sign up to receive emails and check players.
3.
Sponsorship- Website and app will have sponsors who can display their ads on videos or on the website or the app. Sponsors can receive info from the company on what pages and what videos are being viewed the most.
A small fee for players and coaches will be invoked but sponsorship on the website and the app will be the main source of revenue.
We are planning to offer basketball merchandise including sweaters, jerseys and shorts for sale on our website. We have obtained some inventory but the online store is not yet active. During the year ended June 30, 2026, we sold a portion of this inventory to a single customer.
In furtherance of our business plan, on February 17, 2023, we entered into an Asset Purchase Agreement with Grit Performance Athletics Inc. (“Grit Performance”) to acquire all right, title and interest of Grit Performance and its Affiliates in the Grit Mobile Application and related products, including website, Instagram account, etc. (the “Assets”). The Assets are valued at $100,000 and were paid for by the issuance of (500,000 before split) 37,500,000 restricted shares of our common stock to Grit Performance.
The Grit app is an on demand digital training platform. It is designed for high level on and off court training for the serious athlete. The app was designed by professionals with over 30 years of experience in training who have coached some of the best athletes in the world. The app is designed to make training easier and allows users to train more efficiently.
Grit App was developed for young players to train on their own anywhere anytime and be able to do the drills that the best professionals in the world work on during their off-season training. Basketball has risen to the second most popular sport in the world. Players in the NBA are now coming from many international countries and people all over the world want to train like the NBA players do. Not everyone has access to pro trainers. The Grit App brings us closer than ever to working with top players and trainers.
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About the Gritt App
High level on and off court training for the relentless designed by professionals. GRIT was created to help eliminate the guess work from your training. Follow custom workout plans or build your own featuring workout segments daily created for your needs and level to take your game to the next level. Everything is designed to be done on your own (or with a partner). All you need is a basketball, a hoop, your device to view the app and a work ethic. Our coaching staff has worked with and coached (professionally) some of the best athletes in the world and has experience working with athletes of all ages and skill levels across the globe. All workouts contain drill videos from our 1000+ drill library in high resolution. Each drill has a tangible goal tracking reps or time to complete and is recorded right in the app so you can see if you are tangibly improving.
The Grit App will operate seamlessly with the Hoops Scouting USA and be able to market to all Hoops a Scouting USA users and give them a deal on training or build packages that give them access to Hoops Scouting USA and the app for a single package price.
Grit App currently offers THE DAILY GRIND: GRIT + PREMIUM ZONE - One stop shop for the modern driven athlete. Daily workouts segments for custom programming tailored to your exact needs, comprehensive workout plans for specific improvement, inspiration, articles, videos, knowledge, discounts on GRIT products, strength & conditioning and more. Designed, created, managed and updated daily by professional coaches, trainers and athletes. This is the place to take your game to the next level. We have been where you want to go, and we want to share our knowledge with you or how to achieve your aspirations.
The Grit App has the option for users sign up for monthly or yearly programs plus purchase individual workouts plans which they have lifetime access to. These levels are phased and encourage users to purchase the next progression of that portion of the app to enjoy 70 + workouts and workout segments with new workout added daily.
In the Grit App
We offer the following inside the app in addition to the video form workouts:
·
Free daily professionally programmed workouts (skill dev, shooting, ball handling, athletic dev., power, strength, mobility and yoga / injury prevention;
·
Informative Premium Content (advice, tips, basketball iq, sports psych etc.);
·
Film Breakdown;
·
Interviews;
·
Live Zoom Q&A;
·
Support from our staff of professional coaches and athletes from across the world via messages in the app;
·
Coaching Insight; and
·
Basketball IQ Seminars and Tips.
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With NBA level talent both on the performance side and marketing side. Doug’s network or players from university to pro, professional coaches globally and some of the most influential basketball trainers in the world (see Dribble2much and Chris Brickley) are untapped markets and will be included into the fold in revenue sharing programs to help generate a lot of eyeballs on the app. Both of these people are close friends with our team and are ready to get on board when we take the next step. Between the two there are 4 + million followers on Instagram.
There are other entities on the market however there are nothing as thorough, as real or as in depth as what the GRIT app does for the modern athlete on the market. This app was created by professional coaches not simply trainers, the flow of workouts and programs have been used with thousands of athletes from grade school to the NBA globally for 20+ years and features the GRIT proprietary 4 quarter workout plan which is an all-encompassing holistic development model for athletes incorporating elements of skill development, consistent testing, data input and comparison, weekly challenges, strength and conditioning, digital one on one coaching, video breakdown and digital mentorship + evaluation via currently College / University coaches - all inside the app.
Our strategy with the Grit App is to recruit current and former NBA and NCAA players and coaches as well as respected trainers to have their workouts on the app and do a revenue share with them. This will allow them to sell the program on the app as their personal workout program and motivate them to sell it as they receive a portion of all revenues from their workout.
Hoops Scouting USA will continue to focus on basketball scouting services. The acquisition of the Grit App allows us to offer a separate product for those using Hoops Scouting USA app as well as having a separate revenue stream of people using the app only. We think we can use both products a separate entity as well as advertise each through each other.
Customers
The Gritt app currently has 3,500 customers. Our principal customers are youth to professional athletes globally there is something for all levels inside the app. Beginners to advanced segments and drills are housed inside the app. The guess work is taken out for athletes who choose to follow workout plans or to combine workout segments to fully customize their workouts.
Historical Operations:
The Grit App was founded in 2020 by professional basketball coach and trainer Doug Plumb. Doug has coached professionally in the NBL in Canada and was the 2022 NBL Coach of the year while leading the London Lighting to the NBL title. Doug has worked with multiple NBA players to refine their skills. Players such as NBA All-Stars, Kevin Durant, Carmelo Anthony, and Donovan Mitchell are just a few of the NBA stars to have trained with Doug. The app got 3,500+ users in the first two months of operation with no advertising.
Current market trend
A Stanford Business Article titled “Five Key Trends That Are Driving the Business of Sports” explains that the data are changing the way the game is played, shifting emphasis from how many total points a player scores to measures of player efficiency. “It has been hard, historically, to quantify defense,” said Brian Kopp, senior vice president of STATS, the company that developed SportVU player tracking. “Now we have four camera views helping you do that.” In addition, the data have influenced the types of shots players take on the court. All sports are at that point where, like in a lot of businesses, they’re using a lot of (data) to make better decisions.
Marketing
Our officer and director will promote our scouting service. We plan to market our products through the following methods: (i) our website, (ii) search engine optimization, (iii) social networking websites, (iv) printing, mailing and emailing catalogues and flyers to potential customers, (v) word of mouth, (vi), telephoning potential customers (vii) content marketing and (viii) paid ads. We hope to have repeat customers coming and buying new products online from our website.
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The Grit app can take on advertisers which can be put on all user and franchisee pages of the app. HSU plans to use NBA, NCAA and other Professional as well as the world’s top trainers to help advertise the app. The profit share structure we plan to implement allows these players to advertise via social media and share in users’ profits. Marketing to date includes email marketing and brand deign, customer acquisition and marketing photography.
Competition
There are many well established companies in the industry such as Pure Sweat Training by Drew Hanlen which is another leading digital product. We expect to face medium to high level of resistance, and it will be up to our marketing efforts and negotiation skills to acquire customers. Most of our competitors may have greater financial resources than we do and will be able to withstand sales or price decreases better than we are. We also expect to continue to face competition from new market entrants. We may be unable to continue to compete effectively with these existing or new competitors, which could have a material adverse effect on our financial condition and results of operations.
Insurance
We do not maintain any insurance as of the date of this Report.
Employees
We currently have no employees. Our sole officer and director manages the day-to-day operations of the Company.
Government Regulation
We will be required to comply with all regulations, rules and directives of governmental authorities and agencies in any jurisdiction which we would conduct activities in the future. As of now there are no required government approvals present that we need approval from or any existing government regulation on our business.
Patents, trademarks and copyrights
We do not own, either legally or beneficially, any patents or trademarks. We intend to protect our website with copyright laws. Beyond our trade name, we do not hold any other intellectual property.
Bankruptcy or similar proceedings
There has been no bankruptcy, receivership or similar proceeding.
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