BRRN 10-K & 10-Q changes, risk factors and insider trading
Bryn Inc. (also BRRND) · OTC · Services-Management Services · CIK 1397795 · All filings on SEC.gov
At a glance
What changed in the latest 10-K
Risk Factors
We are a smaller reporting company and not required to include this disclosure in this Report.
No wording changes found in this section.
Full comparison: every changed paragraph (0)
Management's Discussion & Analysis (MD&A)
Largest changes
The Company has no operations or revenue as of the date of this Report. We are currently in the process of developing a business plan. Management intends to explore and identify viable business opportunities within the U.S. including seeking to acquire a business in a reverse merger. Our ability to effectively identify, develop and implement a viable plan for our business may be hindered by risks and uncertainties which are beyond oursee in full comparisoncontrol, including without limitation, the continued negative effects of the coronavirus pandemic on the U.S. and global economies. For more information about the risk of Covid-19 on our business, see Item 1A “Risk Factors.”control.
Management intends to explore and identify business opportunities within the U.S., including a potential acquisition of an operating entity through a reverse merger, asset purchase, or similar transaction. Our Chief Executive Officer has experience in business consulting, although no assurances can be given that he can identify and implement a viable business strategy or that any such strategy will result in profits. Our ability to effectively identify, develop and implement a viable plan for our business may be hindered by risks and uncertainties which are beyond oursee in full comparisoncontrol, including without limitation, the continued negative effects of the coronavirus pandemic on the U.S. and global economies. For more information about the risk of coronavirus on our business, see Item 1A “Risk Factors.”control.
Full comparison: every changed paragraph (12)
The following information specifies certain forward-looking statements
statements of the Management of our Company. Forward-looking statements are statements that estimate the happening of future events and
are not based
on historical fact. Forward-looking statements may be identified by the use of forward-looking terminology, such as may,
shall, could,
expect, estimate, anticipate, predict, probable, possible, should, continue, or similar terms, variations of those terms
or the negative
of those terms. The forward-looking statements specified in the following information statement have been compiled by
our Management on
the basis of assumptions made by Management and considered by Management to be reasonable. Our future operating results,
however, are
impossible to predict and no representation, guaranty,guarantee, or warranty is to be inferred from those forward-looking statements.
Byrn, Inc. f/k/a “Quture International,
Inc. (“Byrn”,
“we”, “us”, or, the “Company”), is a Nevada corporation,corporation that was formed in April
2011 to become an
emerging healthcare knowledge solution company created to transform health and healthcare by developing the standard
in measuring clinical
performance and outcomes. The Company developed medical software with tools and analytics intended to reduce costs
while improving clinical
performance, outcomes, predictive insight, and evidence-based best clinical processes.
On February 2, 2021, the Company changed its fiscal
year endyear-end to December
31.
Immediately after completion of such share exchange
on February 16,
2021, the Company had a total of 409,353,807 issued and outstanding shares, with authorized share capital for common share
shares of 500,000,000.
The transaction with Alkeon was voided and written
off in February
2021. As a resultresult, the company was considered a dormant shell from February 2021 through July 2023 when it went into custodianship.
On February 2, 2020, the Company’s Board
of Directors changed
the fiscal year end from April 30 to December 31. As a resultresult, the Company filed a Form 10-KT for the period from
May 1, 2020-December
31, 2020.
The Company has no operations or revenue as of
the date of this Report. We are currently in the process of developing a business plan. Management intends to explore and identify viable
business opportunities within the U.S. including seeking to acquire a business in a reverse merger. Our ability to effectively identify,
develop and implement a viable plan for our business may be hindered by risks and uncertainties which are beyond our control, including
without limitation, the continued negative effects of the coronavirus pandemic on the U.S. and global economies. For more information
about the risk of Covid-19 on our business, see Item 1A “Risk Factors.”control.
Management intends to explore and identify business
opportunities within the U.S., including a potential acquisition of an operating entity through a reverse merger, asset purchase, or similar
transaction. Our Chief Executive Officer has experience in business consulting, although no assurances can be given that he can identify
and implement a viable business strategy or that any such strategy will result in profits. Our ability to effectively identify, develop
and implement a viable plan for our business may be hindered by risks and uncertainties which are beyond our control, including without
limitation, the continued negative effects of the coronavirus pandemic on the U.S. and global economies. For more information about the
risk of coronavirus on our business, see Item 1A “Risk Factors.”control.
Given our limited capital resources, we may consider
a business combination
with an entity which has recently commenced operations, is a developing company or is otherwise in need of additional
funds for the development
of new products or services or expansion into new markets, or is an established business experiencing financial
or operating difficulties
and is in need ofrequires additional capital. Alternatively, a business combination may involve the acquisition of,
or merger with, an entity which
desires access to the U.S. capital markets.
As of the date of this Report, our Management has not had any discussions with any representative of any other entity regarding a potential business combination. Any target business that is selected may be financially unstable or in the early stages of development. In such an event, we expect to be subject to numerous risks inherent in the business and operations of a financially unstable or early-stage entity. In addition, we may effect a business combination with an entity in an industry characterized by a high level of risk or in which our Management has limited experience, and, although our Management will endeavor to evaluate the risks inherent in a particular target business, there can be no assurance that we will properly ascertain or assess all significant risks.
We anticipate that the selection of a business
combination will be a complex and risk-prone process. Because of general economic conditions, including unfavorable conditions caused
by the coronavirus pandemic, rapid technological advances being made
in some industries and shortages of available capital, Management
believes that there are a number of firms seeking business opportunities
at this time at discounted rates with which we will compete.
We expect that any potentially available business combinations may appear
in a variety of different industries or regions and at various
stages of development, all of which will likely render the task of comparative
investigation and analysis of such business opportunities
extremely difficult and complicated. Once we have developed and begun to implement
our business plan, Management intends to fund our working
capital requirements through a combination of our existing funds and future
issuances of debt or equity securities. Our working capital
requirements are expected to increase in line with the implementation of a
business plan and commencement of operations.
Based upon our current operations, we do not have
sufficient working
capital to fund our operations over the next 12 months. If we are able tocan close a reverse merger, itwe iswill likely we will
need capital as a condition of
closing that acquisition. Because of the uncertainties, we cannot be certain as to how much capital we
need to raise or the type of securities
we will be required to issue. In connection with a reverse merger, we will be required to issue
a controlling block of our securities
to the target’s shareholders, which will be very dilutive.
What changed in the latest 10-Q
Risk Factors
We are a smaller reporting company and not required to include risk factor disclosures.
No wording changes found in this section.
Full comparison: every changed paragraph (0)
Management's Discussion & Analysis (MD&A)
Full comparison: every changed paragraph (1)
On April 24, 2026 MEDO
Healthcare LLC, an Iowa limited liability company, purchased 10 million shares of the Company’s Series A-1A Preferred Stock from
Custodian Ventures LLC, the personal holding company of David Lazar, who was sole director and officer of the Company on and prior to
April 24, 2026. MEDO Healthcare paid to Custodian Ventures for the shares $175,000 in cash. The principals of MEDO Healthcare plan
to change the name of the Company to MEDO Technologies, Inc. to reflect their business plan. MEDO is the acronym for Machine Enhanced
Diagnostic Optimization, and the business plan contemplates that the Company will acquire pharmaceuticals distributors with a nation-wide
scope, then optimize their business by introducing proprietary AI-based technology to the three major verticals in the pharmaceutical
industry: specialty retail, specialty mail-order, and SNF/ALF Institutional.
BRRN insider buying and selling (Form 4)
Since 2026-04-11, insiders reported open-market purchases in 0 Form 4 filings and open-market sales in 0 filings. Totals add up every open-market (code P and S) line in those filings, using the prices reported in the filings. Awards, option exercises, tax withholding and gifts are listed below but not counted.
No Form 4 stock transactions in this period.
Well-known investors holding BRRN (13F)
None of the 59 investors we track reported a position in their latest 13F.