OTC:GMPW
GIVEMEPOWER CORP
A financially distressed shell company with zero revenue, negative equity, and substantial outstanding revolver draws.
Key Metrics
Investment Thesis
Bull Case
An investor might consider this stock only if they believe the company is a potential turnaround vehicle or shell target for acquisition. The current cash position of $4,232 could theoretically be used to fund a new business venture if management changes occur. However, these are highly speculative assumptions not supported by current operational data.
Bear Case
The stock should be avoided due to the complete lack of revenue and negative shareholders equity exceeding $250k. The company is burdened by massive long-term liabilities funded by revolving credit that it cannot service without income. Continued operating losses indicate a fundamental inability to sustain business operations or generate returns for shareholders.
About GIVEMEPOWER CORP
GIVEMEPOWER CORP (GMPW) operates as a shell entity with no reported revenue or cost of goods sold. The company maintains minimal current assets but carries significant long-term liabilities totaling over $262,000. Financial records indicate a consistent pattern of net losses and zero operating income over the last five years.
Analysis
Management Discussion
Recent financial performance shows a net profit loss of $22,456 driven entirely by operating expenses with zero revenue or gross profit. Cash flow from operations remains negative while cash on hand stays relatively stable at $4,232 due to financing inflows rather than operational success. The entity appears to be holding assets without generating any commercial income.
Industry Overview
The company operates in an undefined industry sector as no products, services, or market activities are reported in the financial statements. Without any revenue streams or cost structure, it is impossible to categorize the industry or competitive landscape based on current filings.
Financial Statements
Income Statement
Balance Sheet
Cash Flow
| Metric | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | $490.0K | $0 | $0 |
| Cost of Revenue | $545.3K | $0 | $0 |
| Gross Profit | $-55.3K | $0 | $0 |
| Operating Expenses | $56.1K | $40.6K | $22.5K |
| Operating Income | $-111.4K | $-40.6K | $-22.5K |
| G&A | $23.2K | $11.6K | $1.0K |
| Other OpEx | $33.0K | $29.0K | $21.5K |
| Non-Operating Income | $0 | $0 | $0 |
| Interest Expense | $1.1K | — | — |
| Pre-Tax Income | $-111.4K | $-40.6K | $-22.5K |
| Income Tax | $0 | $0 | $0 |
| Continuing Ops | $-111.4K | $-40.6K | $-22.5K |
| Discontinued Ops | $0 | $0 | $0 |
| Net Income | $-111.4K | $-40.6K | $-22.5K |
| Minority Interest | $0 | $0 | $0 |
| Net to Common | $-111.4K | $-40.6K | $-22.5K |
| Metric | 2022 | 2023 | 2024 |
|---|---|---|---|
| Current Assets | $44.6K | $516 | $7.7K |
| Cash & Equivalents | $44.6K | $516 | $4.2K |
| Other Current Assets | $0 | $0 | $3.5K |
| Long-Term Assets | $0 | $0 | $0 |
| Total Assets | $44.6K | $516 | $7.7K |
| Current Liabilities | $3.5K | $15.5K | $5.5K |
| Accounts Payable | — | $7.7K | $1.5K |
| Other Current Liab | $0 | $0 | $0 |
| Long-Term Liabilities | $237.9K | $222.3K | $262.1K |
| Other LT Liab | — | — | $0 |
| Total Liabilities | $241.4K | $237.9K | $267.6K |
| Shareholders' Equity | $-196.8K | $-237.4K | $-259.8K |
| Paid-In Capital | $6.3M | $6.3M | $6.3M |
| Retained Earnings | $-6.6M | $-6.6M | $-6.6M |
| Treasury Stock | $0 | $0 | $0 |
| Total L&E | $44.6K | $516 | $7.7K |
| Metric | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Income (CFO) | $-111.4K | $-40.6K | $-22.5K |
| Non-Cash Adjustments | $0 | $0 | $0 |
| Working Capital Changes | $-1.1K | $12.1K | $-13.6K |
| Cash from Operations | $-112.6K | $-28.5K | $-36.0K |
| Cash from Investing | $516.9K | $0 | $0 |
| Cash from Financing | $-490.4K | $-15.6K | $39.8K |
| FX Effect | $0 | $0 | $0 |
| Net Change in Cash | $-86.1K | $-44.1K | $3.7K |
| Beginning Cash | $130.7K | $44.6K | $516 |
| Ending Cash | $44.6K | $516 | $4.2K |
Frequently Asked Questions
How does GIVEMEPOWER CORP make money?
The company reports no identifiable business segments or revenue streams as total revenue and cost of revenue are both zero. All financial activity is characterized by negative net profit and cash flow from operations without any gross profit generation.
What are the main risks for GMPW?
The company carries a substantial long-term liability of $262,113 entirely funded by outstanding revolver draws. Shareholders equity is deeply negative at -$259,837 indicating a severe deficit position. There has been no revenue generation for five consecutive years suggesting a lack of commercial viability.
What is GMPW's competitive advantage?
None identified given the absence of operational assets, revenue, or market presence in the financial data provided.
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Not financial advice. All content is for informational purposes only. Data may contain errors. Consult a qualified financial advisor before making investment decisions.