1-SA 1 tmpos_1sa.htm FORM 1-SA tmpos_1sa.htm

    

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 1-SA

 

SEMI ANNUAL REPORT PURSUANT TO REGULATION A

 

SEMI ANNUAL REPORT PURSUANT TO REGULATION A OF THE SECURITIES ACT OF 1933

 

For the Semi Annual Period Ended June 30, 2021

 

TMPOS, Inc.

(Exact name of registrant as specified in its charter)

 

Commission File Number: 024-10658

 

Georgia

 

47-5474718

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. Employer

Identification No.)

 

 

 

11555 Medlock Bridge Rd. Suite 100

Johns Creek, GA

 

 

30097

(Address of principal executive offices)

 

(Zip Code)

 

1-800-201-2664

Registrant’s telephone number, including area code

 

Common Stock

(Title of each class of securities issued pursuant to Regulation A)

  

 

 

   

TABLE OF CONTENTS

 

OUR BUSINESS

 

3

 

 

 

 

 

THE COMPANY’S PROPERTY

 

3

 

 

 

 

 

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

 

4

 

 

 

 

 

DIRECTORS, EXECUTIVE OFFICERS, AND SIGNIFICANT EMPLOYEES

 

5

 

 

 

 

 

SECURITY OWNERSHIP OF MANAGEMENT AND CERTAIN SECURITYHOLDERS

 

6

 

 

 

 

 

INTEREST OF MANAGEMENT AND OTHERS IN CERTAIN TRANSACTIONS

 

6

 

 

 

 

 

FINANCIAL STATEMENTS FOR THE SEMI ANNUALPERIOD ENDED JUNE 30, 2021(UNAUDITED)

 

 

 

 

In this Semi Annual Report references to “TMPOS, INC.”, “TMPOS”, “we,” “us,” “our,” or the “company” mean TMPOS, INC.

 

THIS SEMI ANNUAL REPORT MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE.

  

 

2

 

   

OUR BUSINESS

 

We were initially formed as TMPOS, LLC under the laws of the State of Georgia on October 26, 2015. We were reorganized as TMPOS, Inc. on November 29, 2016. Our principal executive office is located at 11555 Medlock Bridge Rd, Suite 100 Johns Creek, GA 30097, and our telephone number is -1-800-201-2664. Our website is YottaCRM.com, YottaFleaMarket.com

 

YottaCRM allows you to have your own smart cloud assistant for free. Contact, invoice, SMS, bookkeeping, property management and product management are free. 

 

Yotta Flea Market is a platform that provides on/off connection to the flea market, which enables users to manage and trade products used in homes and companies, so that anyone can use it conveniently. 

 

Yotta Property allows you to manage your residential, business and commercial buildings for free, as well as connect and advertise online. 

 

YottaCRM is smart CRM platform for professionals jobs. YottaCRM is designed for the role of an web, app based assistant to a serving customers with professional knowledge. As an integrated platform that reduces cost and time and emphasizes economical and efficiency, YottaCRM will continue to grow as an integrated platform for professionals working for clients in various specialized fields. As a listed company, we will continue to grow the company through the harmony of public interest and pursuit of profit through the platform. 

 

In particular, Yotta Flea Market will contribute to the popularization of the platform by utilizing the online platform and linking it with offline stores.

 

Yotta Flea Market's mission is "Save Earth". Global warming is also getting worse. Yota Flea Market strives to preserve the earth. Yota Free Market actively promotes recycling policies, allowing consumers to directly sell and purchase products they do not use at home or in the office. Also, through booth rental, consumers can directly sell products. Yotta Flea Market opened its first store in Cumming, GA, and will open its second store in September in North Brunswick, NJ. This smart franchise system will contribute to sales and will grow into a business in the real economy by securing more members. 

 

Sales & Marketing

 

The effectiveness of the promotion for free is more than expected. With YottaCRM in 2021, the supply of a new brand and free strategy platform is confirming its growth rate differently every day. Through SMS services such as Google Ad, a lot of traffic is being formed on the site every day, more than 200%. In addition, it is currently creating the Yotta Flea Market in Georgia and California, both online and offline. This is expected to create not only direct retail sales, but also franchise and online loyal customers and vendors.

 

Yotta Flea Market opened its first store in Cumming, GA, and will open its second store in September in North Brunswick, NJ. This smart franchise system will contribute to sales and will grow into a business in the real economy by securing more members. We will continue to create chain stores nationwide through local newspapers and sales activities.

 

THE COMPANY’S PROPERTY

 

The Company currently leases its main office at 11555 Medlock Bridge Rd, Suite 100 Johns Creek, GA 30097. This location is the Company’s headquarters and also research and development center.

 

Yotta Flea Market, Cumming, GA  At 3020 Old Atlanta Rd, Suite 600, Cumming GA 30041

 

Yotta North Brunswick, NJ At 120 Georges Rd, Suite D, North Brunswick Township, NJ 08902

 

 
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Table of Contents

   

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

 

The following discussion of the Company’s financial condition and results of operations should be read in conjunction with our financial statements and the related notes included in this Offering Circular. The following discussion contains forward-looking statements that reflect our plans, estimates, and beliefs. Our actual results could differ materially from those discussed in the forward-looking statements.

 

Operating Results – For the Semi Annual Period Ended June 30, 2021

 

The company had to be reborn due to various management carelessness. The company is in a state of normalizing the company by reinstatement of the company as the founder and largest shareholder, Sang Lee. The company creates a new brand, builds a website, and reorganizes the development team to develop and promote platforms such as YottaCRM at the same time. It is the time to prepare to improve the financial structure and generate profits as the company’s operating activities, profits and capital are weak. The Company currently leases its main office at 11555 Medlock Bridge Rd, Suite 100 Johns Creek, GA 30097. This location is the Company’s headquarters and also research and development center. We will continue to create chain stores nationwide through local newspapers and sales activities.

 

Liquidity and Capital Resources – For the Semi Annual Period Ended June 30, 2021

 

As of June 30, 2021, the Company’s cash on hand was $519.Total assets is $293.953

Revenue for the semi annual period ended June 30, 2021 was $239.00, Net Loss is $41,179.

 

Plan of Operations

 

The most urgent thing is to improve the financial structure for borrowing and issuing securities to improve the weak financial structure.

 

In addition, it plans to conduct active sales through the Yotta Flea market, a business that can generate profits right away.

 

This is due to franchise income, royalty income, and retail income, and we are confident that there will be more financial structure improvement in 2021.

  

 
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DIRECTORS, EXECUTIVE OFFICERS, AND SIGNIFICANT EMPLOYEES

 

Name

 

Position

 

Age

 

 

Term in Office

 

Sang Lee

 

Chief Executive Officer

Chief Financial Officer

 

46

 

 

Indefinite, appointed July 2019

 

 

Sang Lee, Chief Executive Officer/CFO/President

 

Sang Lee, the founder of TMPOS, INC, has been with us since 2015 for the company’s growth.

 

Mr Lee holds an MBA degree and has served as a representative of tax and real estate corporations in New York, with licenses specializing in financial, tax, and real estate fields. He has been developing CRM programs since 2012 on demand, with success and failure. In 2020, he directly developed the current new brands Yotta CRM, Yotta Property, Yotta Flea Market, etc. to compensate for the problems that have been made and to start a new one.

 

He will also expand the platform in connection with the Flea market globally with the mission of “Save Earth” by linking online and offline starting with GA, NJ and California in the future.

  

 
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Table of Contents

    

SECURITY OWNERSHIP OF MANAGEMENT AND CERTAIN SECURITYHOLDERS

 

Title of Class

 

Name and
address of
beneficial owner

 

Amount and
nature of
beneficial
ownership

 

Amount and
nature of
beneficial
ownership
acquirable

 

 

Percent
of class

 

 

Total voting
power per
beneficial
owner (5)

 

Common Stock

 

Sang Lee

11555 Medlock Bridge Rd Suite 100

Johns Creek GA 30097

 

Founder

 

 

35,000,000

 

 

 

84.135 %

 

 

N/A

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

ESOLUTIONTG, LLC

370 Pasatiempo Ln

Suwanee, GA 30024

 

Affiliate company

 

 

5,000,000

 

 

 

12.019 %

 

 

N/A

 

 

INTEREST OF MANAGEMENT AND OTHERS IN CERTAIN TRANSACTIONS

 

As of June 30, 2021, There is no specific matter due to the company’s re-establishment relationship.

  

 
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Table of Contents

   

TMPOS, INC.

 

BALANCE SHEETS Semi Annual Ended, June 30. 2021

 

 

 

June 30,

2021

 

ASSETS

 

 

 

 

 

 

 

Current Assets

 

 

 

Cash

 

$ 519

 

Total Current Asset

 

 

519

 

 

 

 

 

 

Property & Equipment

 

 

 

 

Furniture & Fixtures

 

 

221,684

 

Total Property & Equipment

 

 

221,684

 

 

 

 

 

 

Other Assets

 

 

 

 

Security Deposits

 

 

64,750

 

Total Other Assets

 

 

64,750

 

 

 

 

 

 

Total Assets

 

$ 293,953

 

 

 

 

 

 

LIABILITIES & STOCKHOLDERS’ EQUITY

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

Loan Payable

 

$ 1,529,712

 

Total Liabilities

 

 

1,529,712

 

 

 

 

 

 

Stockholders’ Equity

 

 

 

 

Common Stock

 

 

54,458

 

Accumulated Deficit

 

 

(1,290,217 )

Total Stockholders’ Equity

 

 

(1,235,759 )

 

 

 

 

 

Total Liabilities and Stockholders’ Equity

 

$ 293,953

 

  

 
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Table of Contents

   

TMPOS, INC.

 

INCOME STATEMENT For the period from January 1st, 2021, to June 30, 2021

 

 

 

June 30,

2021

 

 

 

 

 

Revenue

 

 

 

Membership Income

 

$ 239

 

Total Revenue

 

 

239

 

 

 

 

 

 

Expenses

 

 

 

 

Telephone

 

$ 109

 

Meals

 

 

267

 

Registration

 

4847

 

Advertising

 

 

440

 

Trip Expense

 

 

217

 

Rent

 

 

6,514

 

Payroll

 

 

12.280

 

Professional l Fees

 

 

1,600

 

Office expense

 

 

146

 

Depreciation

 

 

14,998

 

Total Expenses

 

 

41,418

 

Net (Loss)

 

$ (41,179 )

  

 
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Table of Contents

   

TMPOS INC

 

STATEMENT OF CASH FLOWS

 

For the period from January 1st, 2021, to June 30, 2021

 

 

 

June 30,

2021

 

 

 

 

 

CASH FLOWS FROM OPERATING ACTIVITIES

 

 

 

 

 

 

 

Net (Loss)

 

$ (41,179 )

 

 

 

 

 

Depreciation

 

 

14,998

 

 

 

 

 

 

Net Cash (Used) in Operations

 

 

(26,181 )

 

 

 

 

 

CASH FLOWS FROM FINANCING ACTIVITIES

 

 

 

 

 

 

 

 

 

Loan Proceeds

 

 

25,436

 

 

 

 

 

 

Net Cash Provided by Financing

 

 

25,436

 

 

 

 

 

 

Net Increae (Decrease) in Cash

 

 

(745 )

 

 

 

 

 

Cash - Beginning of the Period

 

 

1,264

 

 

 

 

 

 

Cash - End of the Period

 

$ 519

 

  

 
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Table of Contents

  

INDEX TO EXHIBITS

 

2.1

 

Articles of Incorporation(1)

 

 

 

2.2

 

Bylasws(2)

 

 

 

4.1

 

Subscription Documents(3)

 

(1) Filed as an exhibit to the TMPOS, INC Regulation A Offering Statement on Form 1-A (Commission File No. 024-10658) and incorporated herein by reference.

 

(2) Filed as an exhibit to the TMPOS, INC. Regulation A Offering Statement on Form 1-A (Commission File No. 024-10658) and incorporated herein by reference.

 

(3) Filed as an exhibit to the TMPOS, INC. Regulation A Offering Statement on Form 1-A (Commission File No. 024-10658) and incorporated herein by reference.

  

 
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SIGNATURES

 

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

TMPOS, INC.

 

 

 

By:

/s/ Sang Lee

Sang Lee, Chief Executive Officer,

Chief Financial Officer, Chairman/Sole Director

 

TMPOS, INC.

 

Date: Aug 10, 2021

 

  

 
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