Fri, Jul 19, 3:32 PM (50 days ago)
Dutch Oven Gold Group Inc., a development stage company, has filed its Form 10-Q for Q2 2024. The company, formerly known as Nexam Acquisition Corp., remains a blank-check entity with no revenue or operational activities since its inception on January 11, 2008. The balance sheet as of June 30, 2024, shows no assets or liabilities, with a total deficit of $64,161 accumulated during the development stage. The company’s primary goal is to merge with or acquire a private company. However, it currently has no merger candidates or business opportunities under consideration. Management has expressed concerns about the company's ability to continue as a going concern due to the lack of revenue and financial resources. Future operations depend on securing non-cash acquisitions or equity financing, which remains uncertain. The company plans to remain compliant with SEC regulations and is exploring potential merger candidates to achieve its business objectives.