🧠 At a Glance
Hestia Insight Inc., a mysterious Las Vegas–based microcap, just released its latest quarterly financial update. And it’s one for the ages.
- 💸 Revenue: $0
- 📉 Net Loss: $289,837
- 🧾 Cash Left: $3,255
- 🧪 Business Model: Still under construction… since 2021
- 🧙♂️ Survival Plan: Issue more shares and hope someone invests
Yes, it’s one of those companies. The kind that exist only to file updates and dilute shareholders. Welcome to the Wild West of American microcaps.
🧬 What Even Is Hestia Insight?
Let’s let them speak for themselves:
“Hestia is a strategic investment and development firm focused on healthcare and biotech.”
Translation:
“We don’t make anything. We don’t sell anything. But we might one day buy something that does.”
The company operates through a wholly owned subsidiary called Hestia Investments Inc., which… also doesn’t do anything yet.
Their only recent activity? Signing vague LOIs (Letters of Intent) and telling investors they “may evaluate several health-related assets” in the future.
It’s basically Shark Tank — if the sharks were broke and the tank was filled with debt.
💰 Financials: A Glorious Nothingburger
| Metric | Mar 2024 | Mar 2025 |
|---|---|---|
| Revenue | $0 | $0 |
| Operating Expenses | $203,500 | $289,837 |
| Net Loss | ($203,500) | ($289,837) |
| Cash | $7,264 | $3,255 |
| Total Assets | $297,873 | $205,164 |
| Total Liabilities | $1.35 million | $1.56 million |
| Working Capital | Negative | Deeply Negative |
Hestia has officially entered the “we need money to keep filing that we need money” stage.
🔍 Red Flags? Oh, We’ve Got a Few
- Revenue = ₹0. Not “flat.” Not “declining.” Literally zero.
- Accumulated deficit now exceeds $16 million.
- No ongoing operations, no commercial product, no customers.
- They’ve defaulted on promissory
