OTC: SKFG
Stark Focus Group, Inc.CIK 0001794942 · SIC 5130 · Apparel & Piece Goods
We were incorporated on July 3, 2018 in the state of Nevada, USA. We acquired 100% interest of Common Design, a Hong Kong corporation as our wholly owned subsidiary pursuant to a share exchange agreement dated September 20, 2019. Common Design is a start-up wholesale clothing supplier, established… About this business →
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Latest financial statements
From 10-Q filed Aug 13, 2026 (period ending Jun 30, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Statement of Operations
| Description | Three months ended June 30, 2026 | Three months ended June 30, 2025 | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|---|---|
| Expenses | ||||
| General and Administrative | 18,086 | 11,184 | 19,436 | 20,534 |
| (18,086) | (11,184) | (19,436) | (20,534) | |
| Other Items | ||||
| Finance costs | (1,796) | (1,659) | (4,172) | (3,292) |
| Gain on debt forgiveness note 9 | 88,612 | - | 88,612 | - |
| Net Income/ (Loss) | 68,730 | (12,843) | 65,004 | (23,826) |
| Basic and diluted earnings per share | 0.01 | (0.00) | 0.01 | (0.00) |
| Weighted average number of common shares outstanding | 9,948,330 | 9,948,330 | 9,948,330 | 9,948,330 |
Balance Sheet
| Description | June 30, 2026 (unaudited) | December 31, 2025 (Audited) |
|---|---|---|
| Current Assets | ||
| Cash & cash equivalents | - | - |
| TOTAL ASSETS | - | - |
| LIABILITIES & STOCKHOLDERS' EQUITY | ||
| Current Liabilities | ||
| Accounts payable and accrued expenses | 5,087 | 9,946 |
| Demand loan payable due to related party note 5 and 7 | - | 71,848 |
| 5,087 | 81,794 | |
| Long-term Liabilities | ||
| Promissory note due to related party note 5 and 6 | - | 18,388 |
| Convertible note note 8 | - | 82,630 |
| Total Liabilities | 5,087 | 182,812 |
| Stockholders' Equity | ||
| Common stock, ($0.0001 par value, 100,000,000 shares authorized 9,948,330 as of Jun 30, 2026 and Dec 31, 2025 | 995 | 995 |
| Additional paid in capital | 154,600 | 41,879 |
| Deficit | (160,682) | (225,686) |
| Total Stockholders' Deficit | (5,087) | (182,812) |
| TOTAL LIABILITIES & STOCKHOLDERS' EQUITY | - | - |
Statements of Cash Flows (Unaudited)
| Description | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net income (loss) | 65,004 | (23,826) |
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||
| Finance cost | 4,172 | 3,292 |
| Gain on debt forgiveness | (88,612) | - |
| Changes in operating assets and liabilities: | ||
| Accounts payable and accrued expenses | (4,859) | 2,093 |
| Net cash provided by (used in) operating activities | (24,295) | (18,441) |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Convertible note | 2,500 | 18,441 |
| Capital contribution Company costs paid by shareholder | 21,795 | - |
| Net cash provided by (used in) financing activities | 24,295 | 18,441 |
| Net increase (decrease) in cash | - | - |
| Cash at beginning of period | - | - |
| Cash at end of period | - | - |
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION | ||
| Cash paid during period for : | ||
| Interest | - | - |
| Income Taxes | - | - |
| NON-CASH FINANCING ACTIVITIES | ||
| Forgiveness of related party debt credited to additional paid-in capital | 90,926 | - |
| Extinguishment of convertible notes recognised as gain on debt forgiveness | 88,612 | - |
Amounts as printed on the EDGAR/iXBRL face. Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗
About Stark Focus Group, Inc.
Source: Item 1 (Business) from the 10-K filed June 2, 2026. Description as filed by the company with the SEC.
Item 1. Description of Business
General Information
We were incorporated on July 3, 2018 in the state of Nevada, USA. We acquired 100% interest of Common Design, a Hong Kong corporation as our wholly owned subsidiary pursuant to a share exchange agreement dated September 20, 2019. Common Design is a start-up wholesale clothing supplier, established on April 10, 2019, specializing in the supply and trading of niche apparel for distribution to markets worldwide. With operating headquarters located in Hong Kong, Common Design is in the apparel trading business. Common Design is primarily focused on sourcing and marketing a diverse portfolio of dress up, casual and athletic apparel products to its global clients.
On August 9, 2021, we entered into a share purchase agreement with a third party wherein we would sell our 10,000 shares of our former wholly owned subsidiary, Common Design Limited of Hong Kong, for a consideration of Ten Thousand Hong Kong Dollars (HK$10,000.00). The 10,000 shares represent all of the issued and outstanding shares of Common Design Limited. The transaction was consummated on September 9, 2021.
On July 18, 2022, we announced that we were entering into the Drone / Unmanned Aerial Vehicles market with the launch of a new brand, RevoluDrones. On July 20, 2022, the Company purchased 10-month licenses for 4 patents to assist in its drone business.
Other than the transaction of Common Design Limited, we haven’t undergone any material reclassification, merger, consolidation, purchase or sale of a significant amount of assets in the ordinary course of business, neither we have ever been a party to any bankruptcy, receivership or similar proceeding.
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We will not be profitable until we are successful in acquiring or doing a business and derive sufficient revenues and cash flows from the business.