🧠 At a Glance
Ultimate Holdings Corp. sounds like the name of a Bond villain’s private equity firm. In reality? It’s more like a barely breathing bulletin board shell.
- 💸 Revenue: $0
- 📉 Net Loss: $178,269
- 🧾 Cash: $6,374
- 💀 Operating Plan: “Identify acquisitions”
- 🪄 Business Model: Promise, pivot, pray
Yes, it’s another company with no operations, no sales, and no shame.
🏢 About Ultimate Holdings Corp.
- Sector: “Technology and data-driven investments”
- Status: Development-stage company (for years)
- Headquarters: Probably a P.O. Box
- Ticker: UHLN (OTC)
Let’s be honest — “Ultimate Holdings” is the kind of name you pick when all real ideas are taken. Their business description is a LinkedIn bio that ran out of characters.
💰 The Financials (a.k.a. What Financials?)
| Metric | Q1 2024 | Q1 2025 |
|---|---|---|
| Revenue | $0 | $0 |
| Net Loss | ($112,680) | ($178,269) |
| Total Assets | $58,749 | $10,897 |
| Total Liabilities | $569,208 | $650,987 |
| Cash on Hand | $14,590 | $6,374 |
You know things are bad when:
- Losses are growing, but
- Cash is shrinking, and
- Your entire net worth wouldn’t buy a secondhand iPhone bulk pack.
🧾 What They Say They’re Doing
“We plan to identify and acquire potential business opportunities that align with our long-term growth strategy.”
Translation:
“We plan to figure out what we’re doing… eventually.”
This isn’t a company. It’s an elevator pitch in purgatory.
No deals announced. No products. Just a hope that someone, somewhere, will merge with them.
Spoiler: They won’t.
📉 Shareholder Reality Check
- Outstanding shares: Ballooning
- Revenue: Zero for multiple quarters
- Accumulated deficit: $6.9 million
- Liabilities exceed assets by more than 60X
How are they staying alive?
By borrowing from insiders and converting debt into equity. The classic “fund the burn, then dilute the turn” playbook.
🔎 Red Flags Flying High
- ❌ No revenue since inception
- ❌ Negative working capital
- ❌ $650K+ in liabilities
- ❌ No defined operational segment
- ❌ CEO earns salary from share-based payments
- ❌ Entire company worth less than a Gurugram 1BHK
This isn’t a turnaround candidate. This is a rebranding treadmill that’s run out of electricity.
🧠 EduInvesting Take
Ultimate Holdings Corp. is what happens when you register a company, forget about it, and then remember you still owe the SEC paperwork.
It’s not building anything. It’s not buying anything. It’s not even faking anything. It just… exists. Like a ghost at an investor relations convention.
At this point, the only thing Ultimate about it is the ultimatum investors should give: show something real, or stop filing altogether.
🚨 TL;DR
| 💣 Stat | 💥 Reality |
|---|---|
| Revenue | $0 — forever |
| Net Loss | ($178K) this quarter |
| Liabilities | $651K |
| Assets | $11K |
| Business Plan | TBD |
| Edu Verdict | Zombie shell dressed in Buzzword Drag |
There’s no business. No tech. No traction. Just filings, debt, and dilution.
The only ultimate thing here?
The final boss of microcap warnings.
Author: Prashant Marathe
Date: June 4, 2025
Tags: Ultimate Holdings, UHLN, microcap stocks, revenue zero company, red flags, dilution warning, SEC filings, zombie stocks
