Adamant DRI Processing and Minerals Group
adamant-dri.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q3 FY2023 10-Q, filed Nov 20, 2023. Its latest SEC filing is a 15-12G from Dec 26, 2023.
10-Q for Q3 FY2023, filed Nov 20, 2023
The sections below describe the company as of the latest annual report.
What Did They Do?
Had no operating business or revenue and intended to seek and investigate a business combination with a private company.
10-K, filed Apr 18, 2023We engaged in various business since our incorporation. We were not successful in any of the businesses we entered and discontinued all of…View ↗
We intend to seek, investigate and, if such investigation warrants, engage in a business combination which may take the form of a “reverse…View ↗
We have no revenues and no operating business. We had a net loss of $71,843 and $60,899 for the years ended December 31, 2022, and 2021…View ↗
How Did They Make Money?
$48.7K
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10-K for FY2018, filed Apr 16, 2019
$48.7K ↗
Did Revenues Turn Into Profits?
Yes. Its net income in Year to Dec 2018 was larger than its revenue.
10-K for FY2018, filed Apr 16, 2019
10-K for FY2018, filed Apr 16, 2019
−$570.1KView ↗
10-K for FY2018, filed Apr 16, 2019
$21.3MView ↗
How Were They Changing?
- Net income
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Sources
10-Q for Q3 FY2023, filed Nov 20, 2023
−$11KView ↗
- ▲ +11% (Loss)
- vs −$9.9K in Q3 FY2022
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Nov 17, 2023
Replaced its independent accountant
Keith Zhen was dismissed and GBQ Partners was engaged as the new independent accountant.
Sources
8-K, filed Nov 17, 2023
On November 14, 2023, Adamant DRI Processing and Minerals Group, (the “Company”) dismissed Keith Zhen, CPA (“Zhen”) as its Independent…View ↗
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Jun 27, 2023
A new shareholder took control
Nicholas A. Parks acquired 11,866,563 shares; Larry Eastland resigned, and Parks became president, treasurer and secretary.
Sources
8-K, filed Jun 27, 2023
On June 27, 2023, Nicholas A. Parks completed the acquisition of 11,866,563 shares of the common stock of Adamant DRI Processing and…View ↗
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