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TRIC Global, Inc. is a Nevada-incorporated early-stage company developing the Connect digital networking platform and consulting services for SMEs, with no revenue or assets since inception in December 2025. This best-efforts S-1 offering seeks up to $200,000 at $0.01 per share to fund initial operations amid substantial going concern doubts.
TRIC Global, Inc., incorporated in Nevada on December 2, 2025, operates in the professional services sector focusing on business consulting and a digital platform called Connect, aimed at modernizing referral-driven networking for SMEs and entrepreneurs. The company has no revenue, zero assets, and a $1,051 net loss from formation costs funded by Director Chung Ming Bruce Hui, highlighting its pre-revenue development stage with operations limited to organizational activities and early Android testing of Connect. The platform seeks to differentiate from traditional groups like BNI through digital tools for referrals, profiles, and tracking, targeting a $30/month SaaS model amid a $366.5 billion U.S. consulting market and 36.2 million small businesses, though competition from LinkedIn (1B+ users) and established firms poses adoption risks.
Financially, the balance sheet shows $0 cash, $1,051 related-party liability, and a working capital deficit, with auditors noting substantial going concern doubts dependent on this offering or further insider support. No salaries are paid to the two-officer team, who devote up to 20 hours weekly amid outside interests. The S-1 registers 20 million common shares at a fixed $0.01 (arbitrary pricing), best-efforts self-underwritten by officers with no minimum, potentially yielding $0-$200,000 gross proceeds (less ~$68K costs). Use of proceeds prioritizes $70K business development, $50K marketing, $40K tech/platform, $40K G&A over 12 months, but shortfalls would delay milestones like platform rollout. Dilution is severe: pre-offering net tangible book value deficit of $(0.00001)/share rises to $0.00199 at max raise on 100.1M post-shares, with new investors facing $0.00801/share immediate dilution.
Governance centers on Hui's 66.54% control via BVI entity Connect Labs, enabling dominance over board elections and transactions, while Guo holds 33.46% via Darsen Global. No independent directors, committees, or code of ethics reflect the micro-cap stage, with risks amplified by management's limited U.S. public company experience, data privacy compliance needs (GDPR/CCPA), and reliance on unproven platform adoption. Investors face illiquidity on prospective OTCID Basic tier, penny stock rules, and potential total loss if funding fails, as no alternative arrangements exist. Success hinges on raising sufficient capital to bridge to consulting revenue and platform subscriptions, but execution risks in a crowded networking space remain high.
Offering Amount
$200.0K
Shares Offered
500,000,000
table. In such circumstances, the Company may delay certain development initiatives, reduce marketing activities, limit geographic expansion,
Shares Offered
20,000,000
Offering Amount
$200,000
Price Range
$0.01
Share Type
Common Stock
Use of Proceeds: Business development and consulting operations, marketing and brand development, technology and platform related expenses, general and administrative expenses
Early-stage consulting and technology enterprise developing Connect digital networking platform for professional introductions, referral management, and cross-border opportunities for entrepreneurs and SMEs.