Superstar Platforms, Inc.

What they do

Superstar Platforms Inc. changed its name from Dinewise Inc. on March 27, 2025, and describes itself as a technology conglomerate holding company. Its principal operating asset is PawnTrust, a mobile marketplace exclusively for pawn shops that is designed to enable users to buy, borrow and barter. Beyond platform development, the company has entered promissory note arrangements with related and non-related parties, and its principal assets are loans receivable bearing contractual interest rates and maturing December 31, 2026.

Revenue drivers

• Interest income on promissory notes and loans receivable — The company states that promissory notes bearing fixed interest rates are its primary source of revenue during the current stage of operations, with principal assets consisting of loans receivable maturing December 31, 2026; however, total revenue was reported as $0 for fiscal 2025 and for the quarter ended June 30, 2026.
• PawnTrust marketplace platform — PawnTrust is a mobile marketplace for pawn shops allowing buy, borrow and barter transactions; as of the 10-K it was in beta testing slated to go live in Q2/2026, and as of the 10-Q it is live and testing on Pawn Club in Marietta, Georgia, with no revenue attributed to it in reported results.

Recent performance

For the year ended December 31, 2025, the company reported total revenue of $0, compared to $0 for 2024, following an amendment that corrected the original 10-K's inadvertent statement of $307,068 of revenue. Net loss was $335,366 in 2025 versus $164,014 in 2024, and operating expenses rose to $(541,211) from $(164,014), an increase of $377,197 or 229.98%, attributed to higher payroll and bad debt expense. Operating cash flow was negative $95,726 in 2025 versus positive $273,659 in 2024. For the quarter ended June 30, 2026, revenue was $0 versus $0 a year earlier, which the company attributed to a reclassification of revenue to other income, and operating expenses for the six months ended June 30, 2026 were $(276,565) versus $(238,672) in the prior-year period. As of June 30, 2026, total assets were $3.2M, shareholder equity was negative $1.3M, and cash and equivalents were $8.00, with total liabilities of $4.3M as of March 31, 2026.

Strategy

Management states its strategy is to build a diversified portfolio of subsidiaries through technology platform development, strategic capital deployment, and potential acquisitions. The immediate platform priority is PawnTrust, which the 10-Q says is live and testing at Pawn Club in Marietta, Georgia, with plans to sign other pawn partners starting September 1, 2026. As an adjunct, the company says it will seek acquisitions in the small lending business. Funding has come from a combination of shareholder capital and debt financing, and management states it may require additional funding with no current arrangements in place.

Risks

• No revenue and going-concern liquidity — The company reported $0 revenue for fiscal 2025 and for the quarter ended June 30, 2026, with only $8.00 of cash and equivalents and negative shareholder equity of $1.3M as of June 30, 2026.
• Dependence on promissory note interest — Management identifies promissory notes with related and non-related parties as the primary revenue source, yet no interest income was reflected in reported revenue for 2025 or the June 2026 quarter.
• PawnTrust commercialization risk — PawnTrust was still in beta testing slated for a Q2/2026 launch in the 10-K and is described in the 10-Q as live but testing at a single location, Pawn Club in Marietta, Georgia, with broader partner sign-ups not starting until September 1, 2026.
• Restatement and disclosure control issues — The 10-K/A corrected the prior 10-K to show no revenue for 2025 rather than $307,068 and to fix transposed Interest Receivable and Loans Receivable balance sheet headings.

Outlook

Management says PawnTrust is live and testing at Pawn Club in Marietta, Georgia, and that the company will look to sign up other pawn partners starting September 1, 2026. It reiterates that it may require additional funding for ongoing operations and has no current arrangements for such financing. It also states it will seek potential acquisitions in the small lending business. The forward-looking language cites risks including the ability to commercialize new products, hire and retain key personnel, and secure sufficient funding.