PAO Group, Inc.
OTC: PAOG
11424 Frances
Omaha, NE 68144
-
272-6476
Website: www.paogroupinc.com
Email: info@pao.group
SIC Code 6719
QUARTERLY REPORT
FOR THE PERIOD ENDED JUNE 30, 2022
ALL INFORMATION CONTAINED HEREIN HAS BEEN PREPARED FROM THE BOOKS AND RECORDS OF PAO GROUP INCORPORATED (THE "COMPANY") IN ACCORDANCE WITH RULE 15C2-11 AND 10B-5 PROMULGATED UNDER THE SECURITIES EXCHANGE ACTOF 1934 AND RULE 144(C) (2) UNDER THE SECURITIES ACT.
DELIVERY OF THIS INFORMATION DOES NOT IMPLY THAT THE INFORMATION CONTAINED HEREIN IS CORRECT AS OF ANY TIME SUBSEQUENT TO THE DATE OF THIS REPORT.
NO DEALER, SALESMAN OR ANY OTHER PERSON HAS BEEN AUTHORIZED TO GIVE ANY INFORMATION OR TO MAKE ANY REPRESENTATIONS NOT CONTAINED HEREIN IN CONNECTION WITH THE COMPANY. ANY REPRESENTATION NOT CONTAINED HEREINMUSTNOT BE RELIED UPON AS HAVING BEENMADE OR AUTHORIZED BY THE COMPANY.
INFORMATION CONTAINTED IN THIS REPORT MAY CONTAIN FORWARD-LOOKING STATEMENTS, WHICH INVOLVE A NUMBER OF RISKS AND UNCERTAINTIES THAT COULD CAUSE OUT ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE REFLECTED IN THE FORWARD LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS CAN BE IDENTIED BY USE OF WORDS "EXPECT", "PROJECT", "MIGHT", "POTENTIAL", AND SIMILAR TERMS. THE COMPANY CAUTIONS READERS THAT ANY FORWARD-LOOKING INFORMATION IS NOT A GUARANTEE OF FUTURE PERFORMANCE AND THAT ACTUALL RESULTS COULD DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING INFORMATION. FORWARD-LOOKING STATEMENTS INVOLVE A NUMBER OF RISKS, UNCERTAINTIES OR OTHER FACTORS BEYOND THE COMPANY'S CONTROL. THESE FACTORS INCLUDE, BUT ARE NOT LIMITED TO OUR ABILITY TO IMPLEMENT OUR STATEGIT INITIATIVES, ECONOMIC, POLITICAL AND MARKET CONDITIONS AND PRICE FLUCTUATIONS, GOVERNMENT AND INDUSTRY REGULATION, U.S. AND GLOBAL COMPETITION AND OTHER FACTORS. THE COMPANY UNDERTAKE NO OBLIGATION TO UPDATE ANY FORWARDLOOKING STATEMENT, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE.
Quarterly Report at 6/30/2022 | Page 1 of 24 |
As of 6/30/2022, the number of shares outstanding of our Common Stock was: 1,910,183,464.
As of 3/31/2022, the number of shares outstanding of our Common Stock was: 1,910,183,464.
As of 12/31/2021, the number of shares outstanding of our Common Stock was: 1,910,183,464.
Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934):
Yes: | No: |
Indicate by check mark whether the company's shell status has changed since the previous reporting period:
Yes: No:
Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period:
Yes: | No: |
On September 10, 2019 Karl-Heinz Riedel IV resigned as Chief Executive Officer (CEO), President, and board member; Andres Fernandez resigned as Chief Marketing Officer (CMO), Vice President, Secretary, and board member; Tom Sawyer resigned as Co - Chief Financial Officer (CFO), Vice President, Treasurer, and board member and Patrick Blasko resigned as Chief Operating Officer (COO), Vice President, and board member. None of these Board Members were shareholders held shares sufficient enough to affect the total voting power represented by the Company's outstanding voting securities;
James DiPrima was named interim Chief Executive Office and remained Chief Financial Officer.
ITEM 1. NAME AND ADDRESS (ES) OF THE ISSUER AND ITS PREDECESSORS (IF ANY)
The exact name of the company is PAO Group, Inc.
In September, 2004, the Company changed its name to Ontus Telecommunications Corp.
In April, 2005, the Company changed its name to VolP Labs Holdings, Inc.
In October, 2005, the Company changed its name to Concorde Resources Corp.
In November, 2006, the Company changed its name to Real Hip Hop Matrix Corp.
In January, 2007, the Company changed its name to RHN Media.
In March, 2007, the Company changed its name to Massive G Media Corp.
In February, 2008, the Company changes its name to Advanced Content Services, Inc.
On December 8, 2014 the Company changed its name to New Wave Holdings, Inc. (NWAV).
On June 29, 2017 the Company changed its name to PAO Group, Inc. (PAOG).
The company was originally incorporated as Elite Field Service, Inc., in the state of Nevada on June 23, 2003. The Company was re- domiciled in the State of Wyoming on December 4, 2020 and is active and current with it's' filings in the State of Wyoming.
Describe any trading suspension orders issued by the SEC in the past 12 months.
There have been no suspension orders from the Securities and Exchange Commission.
Quarterly Report at 6/30/2022 | Page 2 of 24 |
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months: On March 5th, FINRA OTC Corporate Actions
confirmed that it received necessary documentation from New Wave Holdings, Inc. and its Transfer Agent, Madison Stock Transfer, to effect a reverse split of 1-200. The split was deemed effective on 12/8/14. The Company does not presently have definitive plans to issue dividends, recapitalize, or spin-off additional operations at this time, nor has there been any stock split, stock dividend, recapitalization, merger, acquisition, spin-off or reorganization in the past 12 months. However, at the discretion of the Board of Directors and the Majority of Shareholders the aforementioned statements may be subject to change at any time.
The address (es) of the issuer's principal executive office:
PAO Group Inc. 11424 Frances Street Omaha, NE 68144
The address (es) of the issuer's principal place of business:
Check box if principal executive office and principal place of business are the same address: ☒
Has the issuer or any of its predecessors ever been in bankruptcy, receivership, or any similar proceeding in the past five years?
Yes: | No: |
If this issuer or any of its predecessors have been the subject of such proceedings, please provide additional details in the space below:
N/A
ITEM 2. SECURITY INFORMATION
Trading symbol: PAOG
CUSIP: 00790C 107 | ||
At 6/30/2022 | At 6/30/2021 | |
Class of Stock: | Common stock | Common Stock |
Shares Authorized: | 5,000,000,000 | 1,500,000,000 |
Shares Outstanding: | 1,910,183,464 | 1,400,183,464 |
Public Float: | 1,787,618,456 | 1,234,618,456 |
Shareholders of Record: | 135 | 135 |
Par Value: | .001 | .001 |
Class of Stock: | Preferred Stock - Class A | Preferred Class - A |
Shares Authorized: | 5,000,000 | 5,000,000 |
Shares Outstanding: | 35,000 | 35,000 |
Public Float: | 0 | 0 |
Shareholders of Record: | 1 | 1 |
Par Value: | .001 | .001 |
Class of Stock: | Preferred Stock - Class B | Preferred Class - B |
Shares Authorized: | 5,000,000 | 5,000,000 |
Shares Outstanding: | 0 | 0 |
Public Float: | 0 | 0 |
Shareholders of Record: | 0 | 0 |
Quarterly Report at 6/30/2022 | Page 3 of 24 |
Par Value: | .001 | .001 | ||
Class of Stock: | Preferred Stock - Class C | Preferred Class - C | ||
Shares Authorized: | 5,000,000 | 5,000,000 | ||
Shares Outstanding: | 4,500,000 | 4,570,000 | ||
Public Float: | 0 | 0 | ||
Shareholders of Record: | 1 | 2 | ||
Par Value: | .001 | .001 | ||
Transfer Agent: | ||||
Madison Stock Transfer, Inc. | ||||
1688 East 16th Street | ||||
Brooklyn, NY 11229 | ||||
Telephone: | (718) 627-4453 | |||
Fax: | (718) 627-6341 | |||
Is the Transfer Agent registered under the Exchange Act?* | Yes: | No: | ||
List any restrictions on the transfer of security: |
No securities of this Issuer are subject to any additional restrictions unless otherwise noted by way of restrictive legend. Neither the Issuer nor any recognized regulatory body has imposed additional restrictions on the transfer of securities aside from required registration and/or exemption for resale of investment securities of which bare a standard restrictive legend.
ITEM 3. ISSUANCE HISTORY
A. Changes to the Number of Outstanding Shares
Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods: ☐
Number of | Opening Balance: | ||||||||
Shares | Common: 505,183,464 | ||||||||
outstanding as | Preferred A: 145,000 | *Right-click the rows below and select "Insert" to add rows as needed. | |||||||
of | Preferred B: 0 | ||||||||
Preferred C: 5,000,000 | |||||||||
December | |||||||||
31,2015 | |||||||||
Date of | Transaction | Number of | Class of | Value of | Were the | Individual/ | Reason for | Restricted | Exemption or |
Transaction | type (e.g. new | Shares Issued | Securities | shares | shares | Entity Shares | share | or | Registration |
issuance, | (or cancelled) | issued | issued at | were issued to | issuance (e.g. | Unrestricted | Type? | ||
cancellation, | ($/per | a | (entities must | for cash or | as of this | ||||
shares | share) | discount | have individual | debt | filing? | ||||
returned to | at | to market | with voting / | conversion) | |||||
treasury) | Issuance | price at | investment | OR Nature of | |||||
the time | control | Services | |||||||
of | disclosed). | Provided (if | |||||||
issuance? | applicable) | ||||||||
(Yes/No) | |||||||||
Quarterly Report at 6/30/2022 | Page 4 of 24 |
09/14/2016 | Issuance | 50,000,000 | Common | $.00005 | Yes | Nuemark Group | Debt | Unrestricted | 144 |
Shaun Diedrich | Conversion | ||||||||
02/28/2017 | Issuance | 50,000,000 | Common | $.00005 | Yes | CDN Associates | Debt | Unrestricted | 144 |
Shaun Diedrich | Conversion | ||||||||
3/20/2017 | Issuance | 50,000,000 | Common | $.00005 | Yes | CDN Associates | Debt | Unrestricted | 144 |
Shaun Diedrich | Conversion | ||||||||
6/30/2017 | Issuance | 55,000,000 | Common | $.00005 | Yes | CDN Associates | Debt | Unrestricted | 144 |
Shaun Diedrich | conversion | ||||||||
09/30/2017 | Cancellation | (50,000,000) | Common | $.001 | No | Mark Newbauer | Compensation | Restricted | |
returned | |||||||||
12/28/2017 | Issuance | 400,000 | Preferred B | $.001 | No | Rust Belt Capital | Capital | Restricted | |
Darren Martin | Investment | ||||||||
12/31/2017 | Issuance | 50,000,000 | Common | $.00005 | Yes | CDN Associates | Debt | Unrestricted | 144d |
Shaun Diedrich | Conversion | ||||||||
02/07/2018 | Issuance | 50,000,000 | Common | $.00005 | Yes | CDN Associates | Debt | Unrestricted | 144d |
Shaun Diedrich | Conversion | ||||||||
4/16/2018 | Issuance | 55,000,000 | Common | $.00005 | Yes | CDN Associates | Debt | Unrestricted | 144d |
Shaun Diedrich | Conversion | ||||||||
02/05/2019 | Issuance | 300,000 | Preferred B | $.001 | No | Three Rivers | Services | Restricted | |
Strategy LLC | |||||||||
Mark F Haak | |||||||||
02/05/2019 | Issuance | 250,000 | Preferred B | $.001 | No | Christopher Will | Services | Restricted | |
02/05/2019 | Issuance | 250,000 | Preferred B | $.001 | No | Robert Weber | Services | Restricted | |
5/30/2019 | Issuance | 70,000,000 | Common | $.001 | No | Bergamo | Loan | Unrestricted | 144 |
Consulting LLC | |||||||||
Craig Coaches | |||||||||
8/26/2019 | Issuance | 24,000,000 | Common | $.001 | No | Bergamo | Note | Unrestricted | Rule 144 |
Consulting LLC | Conversion | ||||||||
Craig Coaches | |||||||||
12/30/2019 | Issuance | 5,000,000 | Common | $.001 | No | C.W. | Services | Restricted | |
Wickersham, | |||||||||
ESQ Attorney | |||||||||
7/10/2020 | Issuance | 56,000,000 | Common | $.001 | No | Bergamo | Note | Unrestricted | Rule 144 |
Consulting LLC | Conversion | ||||||||
Craig Coaches | |||||||||
7/10/2020 | Cancellation | 110,000 | Preferred A | $.001 | No | Serve nation | Compensation | Restricted | |
Mark Newbauer | Returned | ||||||||
7/10/2020 | Cancellation | 250,000 | Preferred B | $.001 | No | Robert Weber | Compensation | Restricted | |
Returned | |||||||||
7/10/2020 | Cancellation | 250,000 | Preferred B | $.001 | No | Christopher Will | Compensation | Restricted | |
Returned | |||||||||
Quarterly Report at 6/30/2022 | Page 5 of 24 |
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PAO Group Inc. published this content on 14 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 August 2022 21:12:04 UTC.