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Global Boatworks Holdings, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its 10-Q, filed Jan 11, 2021. Its latest SEC filing is a REVOKED from Feb 6, 2023.

The sections below describe the company as of the FY2019 annual report.

What Did They Do?

Sells and rents upscale floating vessels to marina owners, businesses seeking event venues, and individuals seeking vacation properties or homes on the water.

Who Were Their Customers?

Vessel sales are planned through direct company sales and boat dealerships, yacht brokers and real-estate brokers; rentals are advertised through vacation-rental websites.

How Were They Changing?

Since the FY2019 annual report
  • Sep 28, 2021 Warned that shares could lose OTC Markets quotation The company said overdue annual and quarterly reports would remain unfiled by the rule’s effective date, putting its OTC Markets quotation in question.
  • Aug 10, 2021 Replaced its independent auditor The board approved Daszkal Bolton’s dismissal and engaged Rosenberg Rich Baker Berman as the independent auditor.
  • Sep 25, 2020 Acquired control of R3 Score Technologies It acquired 94% of R3 Score, while control of Global Boatworks transferred to R3’s shareholders.

From planned to completed vessel sales The older report described vessel sales as planned and said none had yet occurred, with short-term Miss Leah rentals generating revenue; the latest report describes a Luxuria sale and retains vessel rentals in its revenue plans.

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