10-Q: ANVI Global Holdings Reports Q3 Loss, Going Concern Doubts Persist

ANVI Global Holdings, Inc. reported a net loss of $45,298 for the quarter ended November 30, 2025, with significant going concern doubts and ineffective internal controls.

Summary

• Net loss for the three months ended November 30, 2025, was $45,298, compared to $46,361 in the prior year period.
• Net loss for the nine months ended November 30, 2025, was $150,568, compared to $152,470 in the prior year period.
• The company has no revenue and an accumulated deficit of $2,373,034 as of November 30, 2025.
• Cash balance decreased to $1,457 as of November 30, 2025, from $1,543 at February 28, 2025.
• Total current liabilities increased to $2,317,296 from $2,178,829, with a substantial portion ($2,303,126) owed to related parties and an officer.
• Disclosure controls and procedures were deemed ineffective due to material weaknesses in internal control over financial reporting.
• The company has not invested in or acquired any assets or companies for its stated diversified global holdings strategy.

Sentiment

Score: 1

Explanation: The company faces severe financial distress with no revenue, minimal cash, a growing accumulated deficit, and significant related-party liabilities. The explicit 'going concern' doubt and ineffective internal controls highlight fundamental operational and financial risks, with no progress on its stated business strategy.

Positives

• General and administrative expenses decreased slightly by 2.3% for the three months ended November 30, 2025, to $45,298 from $46,361 in the prior year period.
• General and administrative expenses decreased by 1.2% for the nine months ended November 30, 2025, to $150,568 from $152,470 in the prior year period.
• Net cash used in operating activities decreased to $43,606 for the nine months ended November 30, 2025, from $45,653 in the prior year period.

Negatives

• The company has no revenue from operations for the reported periods.
• Accumulated deficit increased to $2,373,034 as of November 30, 2025.
• Total stockholders' deficit increased to $2,314,534 as of November 30, 2025.
• Cash balance is critically low at $1,457 as of November 30, 2025.
• Total current liabilities significantly exceed total current assets ($2,317,296 vs $2,762).
• A substantial portion of liabilities ($2,303,126) is owed to related parties and the CEO.
• Disclosure controls and procedures were ineffective due to material weaknesses in internal control over financial reporting.
• The company has not yet executed its stated business plan of investing in or acquiring assets/companies.

Risks

• Substantial doubt exists about the company's ability to continue as a going concern due to no revenue, an accumulated deficit of $2,373,034, and the requirement for additional capital for operations.
• The company's ability to raise additional capital through future issuances of common stock is unknown, and such issuances could result in dilution to current shareholders.
• Additional financing may not be available upon acceptable terms, or at all, which could significantly and materially restrict business operations.
• Material weaknesses in internal control over financial reporting were identified, including inadequate segregation of duties and effective risk assessment, and insufficient written policies and procedures for accounting and financial reporting.
• Remediation efforts for internal control weaknesses are largely dependent upon securing additional financing, and if unsuccessful, these efforts may be adversely affected in a material manner.

Future Outlook

The company intends to become a diversified, global holdings company with interests in various key segments, including mining, infrastructure, heavy earthworks, health services, and aerospace engineering, positioned globally. The objective is to maximize shareholder value through investing in and/or acquiring a portfolio of companies in emerging global markets like India, South America, and Africa, which offer strategic market position, strong cash flows, and robust future potential growth. However, as of the report date, the company has not invested in or acquired any assets or companies. Over the next twelve months, the company anticipates incurring costs related to filing Exchange Act reports and developing its business plan.

Management Comments

• "We formed the Company to commence operations in the business of selling crepes; however, we abandoned that business when control of the Company was sold by Tatiana Fumioka, on May 6, 2014."
• "Anvi Global Holdings, Inc now intends to become a diversified, global holdings company with interest in a suite of businesses in various key segments, including mining, infrastructure, heavy earthworks, health services and aerospace engineering, positioned globally."
• "The Company's objective is to maximize shareholder value through investing in and/or acquiring a portfolio of companies in emerging global markets like India, South America and Africa, adding value to the operating enterprises."
• "As of the date of this Report, the Company has not invested in or acquired any assets or company."
• "We plan to take steps to enhance and improve the design of our internal control over financial reporting... The remediation efforts... are largely dependent upon our securing additional financing to cover the costs of implementing the changes required."

Industry Context

The company's stated ambition to become a diversified global holdings company across various sectors (mining, infrastructure, health, aerospace) in emerging markets is highly ambitious given its current financial state (no revenue, minimal cash, significant deficit, no assets acquired). Without any operational assets or revenue, it currently operates outside typical industry trends, functioning more as a shell or pre-revenue entity seeking a business direction. Its stated focus on emerging markets could align with broader growth narratives, but its current lack of execution makes any industry comparison speculative.

Comparison to Industry Standards

• The company's financial position, characterized by no revenue, minimal cash ($1,457), and a substantial accumulated deficit ($2.37 million), falls significantly below industry standards for operational companies in any of its stated target sectors (mining, infrastructure, health services, aerospace engineering).
• Unlike established diversified holdings companies such as Berkshire Hathaway or smaller, actively investing holding companies, ANVI Global Holdings has not acquired any assets or companies, making direct operational comparisons impossible.
• Its reliance on related-party financing for operational expenses and the identified material weaknesses in internal controls are red flags that would typically deter institutional investors and are not indicative of robust corporate governance seen in comparable public entities.
• The company's current state is more akin to a pre-revenue startup or a shell company, rather than an active participant in any of its ambitious target industries.

Corporate Governance

Legal Proceedings

• There are presently no material pending legal proceedings to which the Registrant is a party or as to which any of its property is subject.
• No such proceedings are known to the Registrant to be threatened or contemplated against it.

Related Party Transactions

• A service agreement with Anvi Global Inc. (owned by CEO Rama Mohan R. Busa) for $12,000 per month for office space, IT, business consulting, and investor relations.
• An accrued, unpaid balance due to Anvi Global Inc. of $900,000 as of November 30, 2025.
• Accounts payable due to Anvi Global Inc. of $756,000 as of November 30, 2025.
• Advances from CEO Rama Mohan R. Busa from his personal account and related companies, totaling $647,126 as of November 30, 2025. These advances are unsecured, non-interest bearing, and due on demand.

Stakeholder Impact

• Shareholders face significant dilution risk from potential future capital raises, substantial accumulated deficit, and no current operational value or revenue. The explicit going concern doubt poses a risk of total loss of investment.
• Creditors, primarily related parties (the CEO and his company), bear the majority of the company's liabilities, indicating high exposure to the company's financial instability.
• Management/CEO is heavily invested through personal advances and related-party agreements, indicating a strong personal stake in the company's survival and future financing.

Next Steps

• Pursue financing plans to raise funds to judiciously spend towards operational expenses.
• Continue to employ low-cost measures to operate the business and analyze any unnecessary cost or expense.
• Seek to avoid unnecessary expenditures, travel, and lodging costs that are not mission critical to its business.
• File Exchange Act reports.
• Develop its business plan.
• Appoint additional qualified personnel to address inadequate segregation of duties and ineffective risk management (dependent on securing additional financing).
• Adopt sufficient written policies and procedures for accounting and financial reporting (dependent on securing additional financing).

Key Dates

Recommendation

The company exhibits severe financial distress with no revenue, minimal cash, a substantial and growing accumulated deficit, and total liabilities far exceeding assets, primarily owed to related parties. The explicit "going concern" warning, coupled with ineffective internal controls and a complete lack of progress on its stated business strategy (no assets or companies acquired), indicates an extremely high risk of business failure and potential loss of investment. There are no discernible positive operational or financial indicators to support a hold or buy recommendation.

Keywords

ANVI Global Holdings, AGH, 10-Q, Quarterly Report, Financial Results, Net Loss, Going Concern, Internal Controls, Related Party Transactions, Accumulated Deficit, Microcap, Shell Company, Diversified Holdings, Emerging Markets