ALTB — what changed in the latest 10-K

Text added vs the prior filing · source: 10-K · 2023-02-13

• On January 28, 2022, the Company, amended its articles of incorporation change its name back to Alpine Auto Brokers Inc. The change was made because the Company failed to complete its prior name change with FINRA.

• On February 9, 2022, as a result of a private transactions, 10,000,000 shares of Series A Preferred Stock, $0.001 par value per share (the “Shares”) of the “Company”, were transferred from Custodian Ventures, LLC to MetaVerse Investment Group (the “Purchaser”). As a result, the Purchaser became the …

• On February 9, 2022, the existing director and officer resigned immediately. Accordingly, David Lazar, serving as a director and an officer, ceased to be the Company’s Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary and a Director. At the effective date of the trans…

• On June 27, 2022, Zibin Xiao resigned as the Chief Executive Officer, President, and member of the Board of Directors. Also on June 27, 2022, Yufeng Zhang consented to act as the new Chief Executive Officer, President, and member of the Board of Directors.

Text removed vs the prior filing · source: 10-K · 2022-01-19

• David Lazar, 31, has been CEO and Chairman of the Company since August 18, 2021. David Lazar is a private investor. Mr. Lazar has been a partner at Zenith Partners International since 2013, where he specializes in research and development, sales, and marketing. From 2014 through 2015, David was the …

Text added vs the prior filing · source: 10-K · 2023-02-13

• Critical audit matters are matters arising from the current-period audit of the financial statements that were communicated or required to be communicated to the audit committee and that (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especial…

• Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding - 10,000

• On January 28, 2022, the Company, amended its articles of incorporation change its name back to Alpine Auto Brokers Inc. The change was made because the Company failed to complete its prior name change with FINRA.

• On February 9, 2022, as a result of a private transactions, 10,000,000 shares of Series A Preferred Stock, $0.001 par value per share (the “Shares”) of the “Company”, were transferred from Custodian Ventures, LLC to MetaVerse Investment Group (the “Purchaser”). As a result, the Purchaser became the …

• On February 9, 2022, the existing director and officer resigned immediately. Accordingly, David Lazar, serving as a director and an officer, ceased to be the Company’s Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary and a Director. At the effective date of the trans…

Text removed vs the prior filing · source: 10-K · 2022-01-19

• Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding 10,000 -

• NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

• On November 12, 2021, the Company filed a Certificate of Designation with the State of Nevada creating 10,000,000 shares of Series A Preferred Stock (“Series A) with a par value of $0.001. Series A have the following attributes:

• The Company’s court appointed Receiver, Custodian Ventures, LLC has provided interest free demand loans to the Company to help fund operations. As of December 31, 2021 and December 31, 2020 the amounts due to the Custodian Ventures was $-0- and $12,385, respectively.

• Additionally, the Company has $14,704 in accrued expenses and other liabilities as of December 31, 2021 and December 31, 2020. These liabilities date back to 2016.