UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
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(Address of principal executive offices) |
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Registrant’s telephone number, including area code: | ( |
n/a
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM 1.01ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On June 10, 2024, the Company entered into an Agreement for the Acquisition of Lucent, Inc.
Further information on Lucent can be found at https://www.lucentna.com.
FINANCIAL STATEMENT
DIJIYA ENERGY SAVING TECHNOLOGY INC.
Unaudited Statements of Comprehensive Income
2023/01>
(Expressed in NT Dollars)
科目名稱 | 01期 | 02期 | 03期 | 04期 | 05期 | 06期 | 合計 | % |
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Sales revenue Income |
| 0 | 0 | 0 | 0 | 505,838 | 0 | 505,838 | 100.00 |
| 0 | 0 | 0 | 0 | 505,838 | 0 | 505,838 | 100.00 | |
Cost of Sales Cost of Sales |
| 0 | 0 | 0 | 0 | 23,682,188 | 0 | 23,682,188 | 4,681.77 |
| 0 | 0 | 0 | 0 | 23,682,188 | 0 | 23,682,188 | 4,681.77 | |
Gross Profit |
| 0 | 0 | 0 | 0 | (23,176,350) | 0 | (23,176,350) | (4,581.77) |
Selling expenses |
| 98,524 | 8,035 | 11,233 | 4,956 | 117,024 | 8,851 | 248,623 | 49.15 |
General & administrative expense |
| 5,484,226 | 6,303,697 | 4,293,689 | 5,823,170 | 6,006,716 | 5,787,041 | 33,698,539 | 6,661.92 |
Research and development expense Operating expenses |
| 171,452 | 299,963 | 270,980 | 151,320 | 150,026 | 365,860 | 1,409,601 | 278.67 |
| 5,754,202 | 6,611,695 | 4,575,902 | 5,979,446 | 6,273,766 | 6,161,752 | 35,356,763 | 6,989.74 | |
Operating Income |
| (5,754,202) | (6,611,695) | (4,575,902) | (5,979,446) | (29,450,116) | (6,161,752) | (58,533,113) | (11,571.51) |
Interest revenue |
| 0 | 0 | 0 | 0 | 770 | 11,820 | 12,590 | 2.49 |
Gain on disposal of fixed assets |
| 0 | 0 | 241,079 | 644,094 | 196,667 | 0 | 1,081,840 | 213.87 |
Foreign exchange gain |
| (3,619) | 0 | 246 | 0 | 0 | 21,604 | 18,231 | 0.00 |
Other operating revenue |
| 0 | 0 | 97,316 | 444 | 4,478 | 4,000 | 106,238 | 21.00 |
Rent revenue/income |
| 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 30,000 | 5.93 |
Revenue from sale of scraps |
| 0 | 14,395 | 15,523 | 102,343 | 192,021 | 10,414 | 334,696 | 0.00 |
Non-operating revenue |
| 1,381 | 19,395 | 359,164 | 751,881 | 398,936 | 52,838 | 1,583,595 | 313.06 |
Interest Expenses |
| 7,125 | 6,436 | 7,125 | 7,188 | 7,428 | 7,188 | 42,490 | 8.40 |
Loss on disposal of fixed assets |
| 0 | 0 | 2,589,447 | 4,392,731 | 578,690 | 0 | 7,560,868 | 0.00 |
Loss on physical inventory |
| 0 | 0 | 0 | 0 | 2 | 0 | 2 | 0.00 |
Foreign exchange loss |
| (514) | 0 | 2,442 | 0 | 0 | 4,933 | 6,861 | 1.36 |
Non-operating expenses Non-operating revenue and expenses |
| 6,611 | 6,436 | 2,599,014 | 4,399,919 | 586,120 | 12,121 | 7,610,221 | 1,504.48 |
| (5,230) | 12,959 | (2,239,850) | (3,648,038) | (187,184) | 40,717 | (6,026,626) | (1,191.41) | |
Income Tax Benefit (Expense) Net Proft (Loss) And Total Comprehensive |
| (5,759,432) | (6,598,736) | (6,815,752) | (9,627,484) | (29,637,300) | (6,121,035) | (64,559,739) | (12,762.93) |
| (5,759,432) | (6,598,736) | (6,815,752) | (9,627,484) | (29,637,300) | (6,121,035) | (64,559,739) | (12,762.93) |
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DIJIYA ENERGY SAVING TECHNOLOGY INC.
Unaudited Balance Sheets
2023/6/30
(Expressed in NT Dollars)
Assets | Amount | % | Liabilities and Equity | Amount | % |
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Assets |
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Current Assets | 387,562,032 | 91.98 | Current Liabilities | 35,470,415 |
| 8.42 |
Cash and Cash Equivalents | 3,225,321 | 0.77 | Notes Payable | 16,891,697 |
| 4.01 |
Notes Receivable | 5,250 | 0.00 | Accounts Payable | 6,697,374 |
| 1.59 |
Inventory | 2,330,089 | 0.55 | Accounts payable - related parties | 8,243,128 |
| 1.96 |
Inventory | 339,700,827 | 80.62 | Expenses Payable | 3,000,149 |
| 0.71 |
Prepaid Expenses | 13,229,681 | 3.14 | Advance receipts | 95,238 |
| 0.02 |
Prepayments | 28,860,919 | 6.85 | Other current liabilities | 542,829 |
| 0.13 |
Other Current Assets | 209,945 | 0.05 |
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Investments | 0 | 0.00 | Other Liabilities | 164,432,975 |
| 39.02 |
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| Guarantee deposit received | 10,000 |
| 0.00 |
Fixed Assets | 25,480,016 | 6.05 | Owners' (stockholders') current account | 164,422,975 |
| 39.02 |
Machinery and equipment | 21,927,940 | 5.20 | Total Liabilities | 199,903,390 |
| 47.44 |
R & D equipment | 15,873 | 0.00 |
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Construction in progress and prepayments for equipment | 2,435,421 | 0.58 | Equity |
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Other equipment | 1,100,782 | 0.26 | Capital | 1,100,000,000 |
| 261.06 |
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| Additional paid-in capital | 12,500,000 |
| 2.97 |
Intangible Assets | 1,153,539 | 0.27 | Retained earnings | (891,049,280) |
| (211.47) |
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| Retained Earnings | (826,489,541) |
| (196.15) |
Other Assets | 7,158,523 | 1.70 | Current Year Earnings | (64,559,739) |
| (15.32) |
Refundable deposit | 5,944,991 | 1.41 | Total Equity | 221,450,720 |
| 52.56 |
Deffered expense | 228,192 | 0.05 |
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Other assets | 985,340 | 0.23 |
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Total Assets | 421,354,110 | 100.00 | Total Liabilities and Equity | 421,354,110 |
| 100.00 |
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ITEM 9.01FINANCIAL STATEMENTS AND EXHIBITS.
10.1 | Exchange Agreement |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| TIPMEFAST, INC. |
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Date: June 11, 2024 |
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| By: /s/ Raid Chalil |
| Raid Chalil, |
| Chief Executive Officer, Chief Financial Officer, Director |
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