Welcome to our dedicated page for Pacific Sports E SEC filings (Ticker: PSPX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for Pacific Sports Exchange Inc. (PSPX) brings together the company’s public reports to the U.S. Securities and Exchange Commission, allowing readers to examine its regulatory history in one place. Pacific Sports Exchange Inc. is a registrant under the Securities Exchange Act of 1934, and its filings provide structured information about financial reporting, audit relationships, and compliance with periodic reporting requirements.
Among the available documents is a Form 12b-25, a Notification of Late Filing related to a Form 10-Q quarterly report. In that filing, the company explains that it was unable to file the Form 10-Q for a specified period without unreasonable effort and expense, due to delays in obtaining and compiling information required for the report. The form also indicates that the company anticipated filing the quarterly report within the extension period permitted by SEC rules and confirms that other required periodic reports had been filed during the preceding reporting period.
Another key filing is a Form 8-K describing changes in the registrant’s certifying accountant. This report details the resignation of Pacific Sports Exchange Inc.’s prior independent registered public accounting firm and the engagement of a new independent accountant to audit financial statements and review interim financial information. The Form 8-K explains that the prior auditor’s reports for specified fiscal years did not contain adverse opinions or disclaimers of opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles, and that there were no disagreements or reportable events as defined in SEC rules.
On this page, users can access such filings as they appear on the SEC’s EDGAR system and use AI-powered summaries to interpret their contents. The platform can help explain the significance of Forms 10-Q and 10-K (when available), current reports on Form 8-K, late-filing notifications on Form 12b-25, and any insider transaction reports on Form 4 if they are filed, making complex regulatory language easier to understand.
Pacific Sports Exchange Inc. reported minimal revenue and widening losses in its quarter ended February 28, 2026, while raising substantial doubt about its ability to continue as a going concern. Revenue for the six months was $2,200, up slightly from $2,000 a year earlier, but cost of goods sold rose to $2,000, leaving just $200 of gross profit versus $1,100 previously.
Operating expenses increased to $22,123 from $16,090, driven mainly by professional fees, pushing the six‑month net loss to $21,923 compared with $14,990 last year. The company ended the period with no cash, inventory of $6,769, current liabilities of $70,769, and a working capital deficit of $64,000.
Operations are being funded by related‑party advances, which totaled $23,269 in the six months. Management explicitly states that recurring losses, nominal revenues, and dependence on external financing create substantial doubt about continuing as a going concern. One customer accounted for 100% of revenue, and management reports material weaknesses in internal controls due to limited accounting staff and inadequate segregation of duties.
Pacific Sports Exchange Inc. notified the SEC it could not timely file its Form 10-Q for the period ended February 28, 2026 because of delays in obtaining and compiling required information. The company states it expects to file the Form 10-Q on or before the fifteenth calendar day following the prescribed due date. The notification is signed by Huang Hua Shang, Chief Executive Officer and President, dated April 14, 2026.
Pacific Sports Exchange Inc. reported a small start to revenue but continued losses for the three months ended November 30, 2025. Revenue reached $2,200, all from a single customer, while cost of goods sold was $2,000, leaving a modest gross profit of $200. Operating expenses of $10,281, mainly professional fees, drove a net loss of $10,081, slightly worse than the prior-year loss of $7,817.
The balance sheet is very weak. As of November 30, 2025, the company had $0 cash and inventory of $6,769, against current liabilities of $58,927, including $55,322 due to a shareholder. This produced a working capital deficit of $52,158 and an accumulated deficit of $203,047. Management states there is substantial doubt about the company’s ability to continue as a going concern and expects to rely on additional equity or debt financing and related-party support.
Internal controls are also weak. Management concluded disclosure controls and procedures were not effective due to limited accounting expertise and inadequate segregation of duties, and expects to remain dependent on a third-party accounting consultant. The company reports no legal proceedings and no off-balance sheet arrangements.
Pacific Sports Exchange Inc. filed a notice that its Form 10-Q quarterly report for the period ended November 30, 2025 will be filed late. The company cites a delay in obtaining and compiling information needed for the report, stating that filing on time would have required unreasonable effort and expense. Under Rule 12b-25, the company anticipates filing the Form 10-Q no later than the fifteenth calendar day after the original due date.
Pacific Sports Exchange Inc. filed its annual report for the year ended August 31, 2025, showing it remains a very small online reseller of tennis and golf equipment with limited operations. Revenue was only $4,600, down slightly from $5,400, and cost of goods sold was $2,900, leaving gross profit of $1,700. Operating expenses of $38,445, mainly professional fees, drove a net loss of $36,745, compared with prior-year net income that was boosted by a one-time $40,957 debt forgiveness.
As of August 31, 2025, the company held $1,476 in cash, inventory of $8,769 and total assets of $10,245 against liabilities of $52,322, resulting in a working capital deficit of $42,077, though this improved from a larger prior deficit. The accumulated deficit reached $192,966, and the independent auditor included a going concern paragraph noting substantial doubt about the company’s ability to continue without new funding.
During 2024 a change of control transferred 10,000,000 common shares to Alpine Elite Holdings Ltd., which now owns about 69.6% of the 14,375,000 shares outstanding. The new controlling shareholder and related parties advanced funds and had $40,323 due to them at year-end, underscoring ongoing dependence on insider financing.
Pacific Sports Exchange Inc. (PSPX) reported a change in its independent accountant. On October 11, 2025, the Board approved the resignation of KCCW Accountancy Corp. as the company’s independent registered public accounting firm. KCCW’s reports for the years ended August 31, 2024 and 2023 contained no adverse opinions, disclaimers, or qualifications.
On October 13, 2025, the company engaged Boladale Lawal & Co. (BLC) as its independent accountant to audit the financial statements and review interim results. The company states there were no disagreements with KCCW and no reportable events, and it did not consult BLC on accounting principles or audit opinions before engagement. A letter from KCCW dated October 27, 2025 was filed as Exhibit 16.1.