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Palermo Technologies Inc., incorporated in Wyoming on July 2, 2025, is developing a sovereign-grade, AI-enhanced encrypted communications mesh platform called PalermoMesh for governments, regulated enterprises, legal professionals, NGOs, and mission-critical users. The platform provides secure communications via email, messaging, file transfer, voice/video conferencing, and decentralized identity using proprietary peer-to-peer infrastructure with post-quantum cryptography and compliance features. The company has no revenues, limited operating history, and is in early development stages with assets of $9,567 as of October 31, 2025, net losses of $10,329 for the year ended July 31, 2025, and $16,816 for the quarter ended October 31, 2025. Auditors express substantial doubt about its ability to continue as a going concern. Palermo is offering up to 3,500,000 shares of common stock at $0.10 per share in a self-underwritten best efforts offering by sole officer Roger McClay, targeting maximum gross proceeds of $350,000 ($325,000 net). Proceeds will fund working capital, product development (software design, development, testing), marketing (website, communications, trade shows), and technology infrastructure. Currently pre-revenue with 5,000,000 shares outstanding owned 100% by CEO Roger McClay, the offering aims to provide initial capital for platform development amid high speculation and risks including development failure, capital needs, and management dependency.
Offering Amount
$350.0K
Shares Offered
50,000,000
Price Range
$0.10 – $0.10
Shares Offered
3,500,000
Offering Amount
$350,000
Price Range
$0.10
Share Type
Common Stock
Exchange
OTC Pink Market
Use of Proceeds: working capital, product development, marketing, technology infrastructure
Building sovereign-grade, AI-enhanced encrypted communications mesh platform PalermoMesh for governments, enterprises, and mission-critical users via email, messaging, file transfer, voice/video, and decentralized identity.