VNJA 10-K & 10-Q changes, risk factors and insider trading
Vanjia Corp. · OTC · Operative Builders · CIK 1532383 · All filings on SEC.gov
At a glance
What changed in the latest 10-K
Risk Factors
We are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information under this item.
No wording changes found in this section.
Full comparison: every changed paragraph (0)
Management's Discussion & Analysis (MD&A)
Largest changes
As ofsee in full comparisonofDecember 31,2024,2025, our total assets were$864,889$67,309 and our total liabilities were $-0- which resulted in working capital of$864,889.$67,309. We expect to raise additional capital through, among other things, the sale of equity or debt securities, private placement offerings, employee stock options plans, and advanced funds from our officer and director. Any deficiencies in general and administrative expenses will be coveredfromwith funds by our director and officer. Our officer and director, Tian Su Hua, has agreed to provide $5,000,000 line-of-credit at 0% interest per annum. The management believes that $5,000,000 line-of-credit agreement from our officer and director will be sufficient to cover our operationalexpenseexpenses for the next twelve months. The residential lot we currently own is large enough to accommodate up to two duplexes. We believe that our futureexpendituresexpenditure will be covered by revenues generate from sell of new homes, leasing activities, and additional offerings for equity or debt securities, private placement offerings, employee options plans and funds from our officer and director. In addition, we regularly conduct real estate training and consulting services for start-up companies for IPO, these services will generate revenues and regular cash-flows for the year2024.2025.
Full comparison: every changed paragraph (5)
This
section of the prospectus includes forward-looking statements that reflect our current views with respect to future events and financial
performance. Forward-looking
statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and
similar expressions, or words
which, by their nature, refer to future events. You should not place an undue certainty on these forward-looking
statements, which apply
only as of the date of this prospectus. These forward-looking statements are subject to certain risks and uncertainties
that could cause
actual results to differ materially from historical results or our predictions.
Our plan offor operations for
for the next twelve months is to proceed with the implementation of our business plan.
SURVEYOR'S FEES- We
We are required to obtain surveyors' services related to subdivision of land. Our estimated cost for a surveyor'surveyor’s services will be
$3,500. $3,500.
The Planning Commission for the City of Houston is responsible for the review and approval of application for subdivision of land.
___________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ PROJECT CONSULTANTS-
Once we have obtained the necessary building permits from the City of Houston, we will be ready to build our residential homes. We will
require to hirehiring project consultants to monitor the quality control of our construction projects. We intend to spentspend $3,000 to $3,500 annually
for project consultants.
As of
of December 31, 2024,2025, our total assets were $864,889$67,309 and our total liabilities were $-0- which
resulted in working capital of $864,889.
$67,309. We expect to raise additional capital through, among other things, the sale of equity or debt
securities, private placement offerings,
employee stock options plans, and advanced funds from our officer and director. Any deficiencies
in general and administrative expenses
will be covered fromwith funds by our director and officer. Our officer and director, Tian Su Hua,
has agreed to provide $5,000,000 line-of-credit
at 0% interest per annum. The management believes that $5,000,000 line-of-credit agreement
from our officer and director will be sufficient
to cover our operational expenseexpenses for the next twelve months. The residential lot we
currently own is large enough to accommodate up to
two duplexes. We believe that our future expendituresexpenditure will be covered by revenues generate
from sell of new homes, leasing activities,
and additional offerings for equity or debt securities, private placement offerings, employee
options plans and funds from our officer
and director. In addition, we regularly conduct real estate training and consulting services
for start-up companies for IPO, these services
will generate revenues and regular cash-flows for the year 2024.2025.
What changed in the latest 10-Q
Risk Factors
We are a small reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information
No wording changes found in this section.
Full comparison: every changed paragraph (0)
Management's Discussion & Analysis (MD&A)
Removed heading “RESULTS OF OPERATIONS”
Largest changes
Onsee in full comparisonMarch31,June 30, 2026, our total assets were$63,359$61,659.00 and our total liabilities were $-0- which resulted in working capital of $61,659.00. We expect to raise additional capitalthrough,among other things,through the sale of equity or debt securities, private placement offerings, employee stock options plans, and advanced funds from our officer and director. Any deficiencies in general and administrative expenses will be covered with funds by our director and officer. Our officer and director, Tian Su Hua, has agreed to provide us with a $5,000,000line-of-creditlineatof-0-credit with 2% interest. The management believes that an existing $5,000,000 lineline-of-creditof credit agreement with our officer and director will be sufficient to cover our operational expenses for the next twelve months.The residential lot we currently own is large enough to accommodate up to eight homes. We believe that our future expenditure for the second and third years will be covered by revenues generated from sell of new homes and additional offerings for equity or debt securities, private placement offerings, employee options plans and funds from our officer and director.
“ACCOUNTING AND LEGAL EXPENSES- Our estimate these related expenses will range from $6,500 for the next 12 months. We will be subject to the reporting requirements of the Securities Exchange Act of 1934, as amended, or the Exchange Act, and the Sarbanes-Oxley Act of 2002. The Exchange Act requires that we file annual quarters and current reports with respect to our business and financial condition.”see in full comparison
see in full comparisonDuringFromtheDecemberperiod,31,we2025,haveto June 30, 2026,prepared a business plan. Ourour accumulated lossfrom Dec31, 2025 to March 31, 2026,since was $ ($3,950135,740) for general and administrative expenses.
Full comparison: every changed paragraph (14)
This
section of the quarterly reportprospectus includes a number of forward-looking statements that reflect our current views with respect to future
events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate,
intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place an undue certainty
on these forward-looking statements, which apply only as of the date of this prospectus. These forward-looking statements are subject
to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.
Our plan forof operations for the
the next twelve months is to proceed with the implementation of our business plan.
ACCOUNTING
AND LEGAL EXPENSES- Our estimate these related expenses will
range from $9,800 for the next 12 months. We will be subject to the
reporting requirements of the Securities Exchange Act of 1934, as
amended, or the Exchange Act, and the Sarbanes-Oxley Act of 2002.
The Exchange Act requires that we file annual, quarterlyquarters and current
reports with respect to our business and financial condition.
The Sarbanes-Oxley Act requires that we maintain effective disclosure controls
and procedures and internal controls for financial
reporting.
ACCOUNTING AND LEGAL EXPENSES- Our estimate these related expenses will range from $6,500 for the next 12 months. We will be subject to the reporting requirements of the Securities Exchange Act of 1934, as amended, or the Exchange Act, and the Sarbanes-Oxley Act of 2002. The Exchange Act requires that we file annual quarters and current reports with respect to our business and financial condition.
P.7
____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ ARCHITECT
DRAWINGS- DRAWINGS-
We are required to obtain several sets
of architect drawings in connection with our proposed construction projects. We estimated the cost
for architect drawings will be $5,000
to to$7,500$7,500 per year.
PROJECT
CONSULTANTS- Once we have obtained the necessary building permits
from the City of Houston, we will be ready to build our residential
homes. We will require hiring project consultants to monitor the quality
control of our construction projects. We intend to spendspent $2,500
$6,300 to $12,600 annually foron project consultants.
On
March 31,June 30, 2026, our total assets
were $63,359$61,659.00 and our total liabilities were $-0- which resulted in working capital of $61,659.00. We expect to raise additional capital through,
among other things,through the sale of equity or debt securities, private placement offerings, employee stock options plans, and advanced
funds from our
officer and director. Any deficiencies in general and administrative expenses will be covered with funds by our
director and officer. Our officer and director,
Tian Su Hua, has agreed to provide us with a $5,000,000 line-of-creditline atof -0-
credit with 2% interest. The management believes that an existing $5,000,000
line line-of-creditof credit agreement with our officer and director will be
sufficient to cover our operational expenses for the next twelve months. The residential lot we currently own is large enough to
accommodate up to eight homes. We believe that our future expenditure for the second and third years will be covered by revenues
generated from sell of new homes and additional offerings for equity or debt securities, private placement offerings, employee
options plans and funds from our officer and director.
RESULTS OF OPERATIONS
From Dec.31,2025 to March
31, 2026
DuringFrom theDecember period,31, we2025, haveto June 30, 2026,
prepared a business plan. Ourour accumulated loss from Dec31, 2025 to March 31, 2026,since was $ ($3,950135,740) for general and administrative expenses.
P.8
__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
The
Company has no material transactions, arrangements, obligations or other relationships with entities or other persons that have or are
reasonably likely to have a material current or future impact, changes in financial condition, results of operations, liquidity, capital
expenditures, capital resources, or significant components of revenuesrevenue or expenses.
VNJA 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 VNJA (13F)
None of the 59 investors we track reported a position in their latest 13F.