WIALAN TECHNOLOGIES, INC.
A Delaware Corporation
1931 NW 150th Ave
Suite 296
Pembroke Pines, FL 33028
(954) 749-3481
WEBSITE:http://www.wialan.com
EMAIL: Victor.Tapia@wialan.com
SIC Code: 48999901
SEMI-ANNUAL REPORT FOR THE 6 MONTHS ENDED JUNE 30, 2022
At the date of this filing the number of shares outstanding of our Common Stock was 2,668,561,474
As of June 30, 2022 (the current semi-annual reporting period) the number of shares outstanding of our Common Stock was 2,668,561,474
As of March 31, 2022 (the previous quarterly reporting period) the number of shares outstanding of our Common Stock was 2,583,561,474.
As of December 31, 2021 (the end of the most recent completed fiscal year) the number of shares outstanding of Common Stock was 2,583,561,474.
As of December 31, 2020 (the end of the second most recent completed fiscal year) the number of shares outstanding of our Common Stock was 2,583,561,474.
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: | (Double-click and select "Default Value" to check) |
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: |
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WIALAN TECHNOLOGIES , INC. - SEMI-ANNUAL REPORT FOR THE 6 MONTHS ENDED JUNE 30, 2022
1) Name of the issuer and its predecessors (if any)
Name of Issuer: Wialan Technologies, Inc. (from January 22, 2014 to date)
Predecessor Names: American Community Development Group, Inc. (from February 5, 2010 to January 22, 2014)
- Rock Bands, Inc. (from April 2, 2008 to February 5, 2010)
- DTI, Inc.(from April 27,1987 to April 2, 2008)
- Fortsbridge, Ltd (from incorporation on February 25,1985 to April 27,1987)
Incorporated in the State of Delaware on February 25,1985. The Issuer is in active status currently.
There have been no trading suspension orders issued by the SEC concerning the issuer or its predecessor since incorporation
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:
None
Address of the issuer's principal executive office and principal place of business:
1931 NW 150th Ave
Suite 296
Pembroke Pines, FL 33028
Has the issuer or any of its predecessors ever been in bankruptcy, receivership, or any similar proceeding in the past five years?
Yes:No:
- Security Information
Trading symbol: | WLAN | |||
Exact title and class of securities outstanding: | Common Shares | |||
CUSIP: | 96685 A107 | |||
Par or stated value: | $0.0001 | |||
Total shares authorized: | 3,500,000,000as of date June 30, 2022 | |||
Total shares outstanding: | 2,668,561,474as of date: June 30, 2022 | |||
Number of shares in the Public Float2: | 603,545,935 | as of date: June 30, 2022 | ||
Total number of shareholders of record: | 256as of date: June 30, 2022 | |||
Additional class of securities (if any): | ||||
Trading symbol: | N/A | |||
Exact title and class of securities outstanding: | Preferred shares | |||
CUSIP: | N/A | |||
Par or stated value: | $0.0001 | |||
Total shares authorized: | 75,000,000 | as of date: June 30, 2022 | ||
Total shares outstanding: | None | as of date: June 30, 2022 | ||
Transfer Agent | ||||
Name: | Clear Trust, LLC | |||
Address: 16540 Pointe Village Dr Suite 205, Lutz, FL 33558 | ||||
Phone: | 813-235-4490 | |||
Email: | inbox@ClearTrustTransfer.com | |||
Is the Transfer Agent registered under the Exchange Act?3 Yes: | No: |
.
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WIALAN TECHNOLOGIES , INC. - SEMI-ANNUAL REPORT FOR THE 6 MONTHS ENDED JUNE 30, 2022
- Issuance History
A. Changes to the Number of Outstanding Shares
Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods: ☐
Shares Outstanding as of Second Most Recent | |||||||||
Fiscal Year End: | Opening Balance | *Right-click the rows below and select "Insert" to add rows as needed. | |||||||
Date: 12/31/2020 | |||||||||
Common:2,583,561,474 | |||||||||
Preferred: 0 | |||||||||
Date of | Transaction | Number of | Class of | Value of | Were the | Individual/ Entity | Reason for share | Restricted or | Exemption |
Transaction | type (e.g. new | Shares | Securities | shares | shares | Shares were | issuance (e.g. for | Unrestricted | or |
issuance, | Issued (or | issued | issued at | issued to | cash or debt | as of this | Registration | ||
cancellation, | cancelled) | ($/per | a discount | (entities must | conversion) | filing. | Type. | ||
shares | share) at | to market | have individual | -OR- | |||||
returned to | Issuance | price at | with voting / | Nature of | |||||
treasury) | the time | investment | Services | ||||||
of | control | Provided | |||||||
issuance? | disclosed). | ||||||||
(Yes/No) | |||||||||
May 12,2022 | New | 50,000,000 | Common | $0.0001 | Yes | EDCA | For past | Restricted | 144 |
issuance | Technical | services | |||||||
Assistance | |||||||||
Consulting / | |||||||||
Controlled by | |||||||||
the Estate of | |||||||||
Eduardo Garcia | |||||||||
- former CEO | |||||||||
May 12, 2022 | New | 25,000,000 | Common | $0.0001 | Yes | Reggie V | For past | Restricted | 144 |
Issuance | Bergeron | services | |||||||
May 12,2022 | New | 10,000,000 | Common | $0.0001 | Yes | Richard Gilbert | For past | Restricted | 144 |
Issuance | services | ||||||||
Shares Outstanding on Date of This Report:
Ending Balance
Ending Balance:
Date 6/30/2022Common: 2,668,561,474
Preferred: 0
B. Debt Securities, Including Promissory and Convertible Notes
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WIALAN TECHNOLOGIES , INC. - SEMI-ANNUAL REPORT FOR THE 6 MONTHS ENDED JUNE 30, 2022
Use the chart and additional space below to list and describe any issuance of promissory notes, convertible notes or convertible debentures in the past two completed fiscal years and any subsequent interim period.
Check this box if there are no outstanding promissory, convertible notes or debt arrangements:
Date of Loan | Outstanding | Principal | Interest | Maturity | Conversion Terms (e.g. | Name of Debt | Reason for |
Issuance | Balance ($) | Amount | Accrued | Date | pricing mechanism for | holder | Issuance (e.g. |
at | ($) | determining conversion of | Loan, Services, | ||||
Issuanc | instrument to shares) | etc.) | |||||
e ($) | |||||||
NONE | |||||||
4) Financial Statements
-
The following financial statements were prepared in accordance with:
U.S. GAAP
IFRS - The financial statements for this reporting period were prepared by (name of individual)4:
Name: | Alan Bailey |
Title: | CFO |
Relationship to Issuer: | Director |
Provide the financial statements described below for the most recent fiscal year or quarter. For the initial disclosure statement (qualifying for Pink Current Information for the first time) please provide reports for the two previous fiscal years and any subsequent interim periods. ATTACHED ON PAGES 9-16ARE THE UNAUDITED SEMI-ANNUAL
CONSOLIDATED FINANCIAL STATEMENTS OF WIALAN TECHNOLOGIES,
INC. FOR THE 6 MONTHS ENDED JUNE 30, 2022
- Balance sheet;
- Statement of income;
- Statement of Stockholders' Equity
- Statement of cash flows;
- Financial notes; and
. | Audit letter, if audited (not applicable) |
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WIALAN TECHNOLOGIES , INC. - SEMI-ANNUAL REPORT FOR THE 6 MONTHS ENDED JUNE 30, 2022
- Issuer's Business, Products and Services
- Summary of the the issuer's business operations
The Company designs, builds, installs and operates industrial grade Wireless Access Points (APs), for both indoor and outdoor use. The units have an extensive coverage and can support a high density of users. The point-to-point capabilities provide an extended range, as the radios can be deployed in most frequencies, both (licensed and unlicensed) and public safety in the 4.9 GHz frequency spectrum. Once the wireless network has been deployed, the built in APs can provide wireless access for many types of communications and can support services, including, but not limited to the following: WiFi, Streaming, Video Surveillance, PA Systems, VoIP, and IoT connectivity. These Wireless Solutions have been deployed successfully in Convention Centers, Auditoriums, Stadiums, Large Office Spaces, Warehouses, Public Parks and Marinas. Most provisioned services have an existing customer base.
-
Describe any subsidiaries, parents, or affiliated companies, if applicable, and a description of their business contact information for the business, officers, directors, managers or control persons. Subsidiary information may be included by reference
Wialan Technologies, Inc owns 100% of Wialan Technologies LLC.
The Company's present officers are:
Victor Tapia - President, Chief Technology Officer, CFO & Director; ;
Reggie Bergeron - CEO pro tem*, Company Secretary, Senior Vice President of Operations & Director. Richard Gilbert - Executive Vice President, Sales and Business Development, & Director
Fernando Scazzi - Chief Technical Officer, & Director (appointed May 27, 2022) Alan Bailey - CFO and Director (appointed May 27, 2022)
The above can be contacted by email at: Victor.Tapia@wialan.com ,or by telephone at (954) 749-3481
*Eduardo Garcia, the former CEO & Director, became deceased on April 7, 2022. Reggie Bergeron was appointed CEO pro tem, in addition to his current responsibilities as Company Secretary, Senior Vice President of Operations & Director.
The Company is in the process of accepting and interviewing potential candidates for the permanent CEO replacement position. That replacement should have extensive telecommunication industry and engineering experience, both in sales and business development.
C. The Issuers' principal products or services, and their markets
The Company provides Network Engineering expertise and support services when installing and servicing Wireless related products and systems. The Company's produces high performance wireless access points and Point-to-Point devices for local wireless connectivity and integration with private or public networks with or without internet access. Each Access Point can be configured either as a router, which adds a layer of firewall security for a private network, or as a bridge, for simple private network extension deployment. In addition, the Company installs and services Wi-Fi driven streaming high definition surveillance cameras, which and have separate remote lighting controls and PA systems as part of IoT network connectivity. The Wireless security equipment installed at customer sites not only provides remote monitoring for public safety in 4.9 GHz, it can also provide internet access to the public visiting these sites
Presently, the Company's principal market is southern Florida, including the greater Miami area and Key West.
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WIALAN TECHNOLOGIES , INC. - SEMI-ANNUAL REPORT FOR THE 6 MONTHS ENDED JUNE 30, 2022
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Wialan Technologies Inc. published this content on 27 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2022 20:41:46 UTC.