What changed in this filing

/stocks — the workspaceLOADING

Item 9A. Controls and Procedures

2026-02-19 compared with 2025-02-21 · 51 added, 26 removed, 269 unchanged (22% of the section changed)

70 unchanged sentences

EXECUTIVE COMPENSATION

Cacciamatta is our sole director and officer.

compensation during the two fiscal years ended December 31, 2024, was as follows:

Danilo Cacciamatta

is our sole director and officer.

Executive compensation

during the two fiscal years ended December 31, 2025, was as follows:

NAME AND PRINCIPAL POSITION

6 unchanged sentences

The following

table sets forth, as of January 31, 2025, the number and percentage of the outstanding shares of Common Stock, which, according to the

table sets forth, as of February 17, 2026, the number and percentage of the outstanding shares of Common Stock, which, according to the

information available to us, were beneficially owned by:

13 unchanged sentences

CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE

our sole director and officer, provides office space at no cost to the Company.

our sole director and officer, provides office space to the Company.

There are no other related party transactions.

21 unchanged sentences

________________

** The SEC Financial Reporting Manual Section 1320.2 - Inactive Registrants

states that if Registrant has gross receipts or expenditures not over $100,000;

** The SEC Financial Reporting Manual Section 1320.2

- Inactive Registrants states that if Registrant has gross receipts or expenditures not over $100,000;

no securities activity;

and no material changes, it MAY

PROVIDE UNAUDITED FINANCIAL STATEMENTS IN FORM 10-K.

XBRL requires auditor information and for this reason, this filing does not contain

xbrl as it would suspend.

material changes, it MAY PROVIDE UNAUDITED FINANCIAL STATEMENTS IN FORM 10-K.

XBRL requires auditor information and for this reason, this

filing does not contain xbrl as it would suspend.

FORM 10-K SUMMARY

3 unchanged sentences

Statements of Operations for the years ended December 31, 2025 and 2024

Statements of Changes in Shareholders' (Deficit) for the years ended December 31, 2024 and 2023

Statements of Changes in Shareholders’

(Deficit) for the years ended December 31, 2025 and 2024

Statements of Cash Flows for the years ended December 31, 2025 and 2024

7 unchanged sentences

Current liabilities

Accrued expenses

Accounts payable

Accounts payable and accrued expenses

Accrued management fee

Total current liabilities

9 unchanged sentences

Common stock - no par value;

250,000,000 shares authorized, 888,579 shares issued and outstanding

250,000,000 shares authorized, 888,579 shares issued and outstanding pre - March 31, 2025, quasi-reorganization and 1,388,289 post

(Accumulated deficit)

(32,300,436 )

(32,296,147 )

Accumulated other comprehensive income (loss)

20 unchanged sentences

unaudited financial statements.

STATEMENTS OF CHANGES IN DEFICIT

Balance, December 31, 2022

$ (32,289,547 )

Balance, December 31, 2023

STATEMENT OF CHANGES IN DEFICIT

Balances, December 31, 2024

$ (32,300,436 )

Balance, December 31, 2024

March 31, 2025, Quasi-Reorganization:

Common shares issued in satisfaction of amounts owed to:

Former legal consultant

Readjustments to reflect liabilities at their fair value

Shares issued to officer for cash

Elimination of accumulated deficit for “fresh start”

(32,286,717 )

Shares abandoned under states’

escheatment policies

Balances, December 31, 2025

unaudited financial statements.

4 unchanged sentences

Change in operating assets and liabilities

Accrued expenses

Accounts payable

Accounts payable and accrued expenses

Management fee payable to officer

Net cash used in operating activities

1 unchanged sentence

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from sale of 100,000 shares

CHANGES IN CASH

8 unchanged sentences

Nature of business and organization

Corporation (the “Company”) was incorporated in Colorado on February 2, 1986, under the name Coastal Financial Corp.

December 5, 1994, Coastal Financial Corp.

changed its name to BDR Industries, Inc.

which changed its name on October 16, 1995, to

ConectiSys Corporation

(the “Company”) was incorporated in Colorado on February 2, 1986, under the name Coastal Financial Corp.

On December 5, 1994,

Coastal Financial Corp.

changed its name to BDR Industries, Inc.

which changed its name on October 16, 1995, to ConectiSys Corporation.

was engaged in the development of a low-cost automatic meter reading, or AMR, solution until it ceased all business activity in 2008.

69 unchanged sentences

of the preferred shares are issued and outstanding.

Quasi-Reorganization

2025, the Company implemented a quasi-reorganization to eliminate its accumulated deficits and reflect fresh-start accounting, in accordance

with ASC 852-20.

Directors and a majority of the shareholders approved the readjustment.

The conditions

that gave rise to nearly all of the Company’s accumulated deficits have not existed for more than fifteen years.

in the accompanying statement of shareholders’

equity, the quasi reorganization was implemented with the following steps:

a) The issuance of common shares to the Company’s former legal consultant and to its sole officer,

in satisfaction of amounts owed to them;

b) The revaluation of balance sheet liabilities;

c) The issuance of common shares to the Company’s officer for cash at the same value evidenced by the

issuances is a) above;

d) The above steps resulted in a positive shareholders’

equity after the elimination of the entire

balance of historical deficits.

Pursuant to the requirements of Section 13 or 15(d)

8 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 9A. Controls and Procedures