Greentech Innovations, Inc.

What they do

The company was incorporated in Nevada on April 20, 2013 as UpperSolution.com and later renamed Startech Labs and then GreenTech Innovations, Inc. Its 10-Q states it develops customized web solutions with commercial and retail applications and operates international online travel and hospitality web portals for flight and hotel search. The 10-K instead describes the business as creation and development of utility/entertainment apps for Google's Android and Apple's iOS platforms through subsidiary Analog Nest, which the company disposed of on December 1, 2018. The company has no corporate website, owns no property, and its office is at 244 Madison Avenue, New York, NY.

Revenue drivers

• No revenue reported — The 10-K MD&A states the company has not generated any revenues for the years ended May 31, 2025 and May 31, 2024, and other filings show no revenue.

Recent performance

For the year ended May 31, 2025, the company reported a net loss of $60,650, compared with a net loss of $65,101 for the year ended May 31, 2024. Operating expenses decreased to $31,099 from $35,469, attributed to lower professional fees and general and administrative expenses. Interest expense on convertible notes was $29,551 and $29,632 for those years, respectively. For the three months ended February 28, 2026, operating expenses were $5,651 versus $4,500 for the three months ended February 28, 2025. At February 28, 2026, the company reported total assets of $0.00, total liabilities of $480,018, and shareholder equity of negative $480,018.

Strategy

The 10-Q states the company is currently focused on further development of fare aggregators and travel metasearch engines and owns and operates international online travel and hospitality web portals. The 10-K describes the current business as the creation and development of utility and entertainment apps through Analog Nest, although the company disposed of Analog Nest on December 1, 2018. The company reported no investing activities for the years ended May 31, 2025 and 2024, and no cash at May 31, 2025. It funds operations through director loans, with financing activities of $29,298 and $36,111 in those years, respectively. Management estimates total expenditures over the next 12 months will be approximately $30,000.

Risks

• No revenue and history of losses — The company has generated no revenues for the years ended May 31, 2025 and 2024 and reported net losses of $60,650 and $65,101, respectively.
• Working capital deficiency and no cash — At May 31, 2025, the company had no cash and current liabilities of $434,363, resulting in a working capital deficiency of $434,363; at February 28, 2026, total liabilities were $480,018 with total assets of $0.00.
• Dependence on related-party financing — Operations are funded by director loans, with $131,117 due to related party and $129,402 in convertible notes outstanding at May 31, 2025.
• Inconsistent business descriptions — The 10-K describes the company as an app developer through Analog Nest, which was disposed of on December 1, 2018, while the 10-Q describes travel metasearch operations acquired in January 2021.

Outlook

Management estimates total expenditures over the next 12 months will be approximately $30,000, based on the 10-K MD&A. The company had no cash at May 31, 2025 and has historically funded operations through director loans. No revenue guidance or specific growth plans are provided in the filings.