UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended
Commission file number
(Exact name of registrant as specified in its charter) |
| ||
(State or other jurisdiction of incorporation or organization) |
| (I.R.S. Employer Identification No.) |
( |
Securities registered pursuant to Section 12(b) of the Act: N/A
|
|
|
|
|
Title of each class to be so registered |
| Trading Symbols (s) |
| Name of each exchange on which each class is to be registered |
Securities registered pursuant to section 12(g) of the Act:
Common Stock |
(Title of class) |
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
Yes [ ]
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.
Yes [ ]
Note – Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Exchange Act from their obligations under those Sections.
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
1
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer | [ ] | Accelerated filer | [ ] | [X] | |
Smaller reporting Company | Emerging growth company |
|
|
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial acounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.
Yes
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).
Yes
The aggregate market value of the shares of voting and non-voting common equity held by non-affiliates of the Company calculated by taking the last sales price of the Company's common stock on June 30, 2021 was $
The number of shares outstanding of the registrant’s common stock, as of December 31, 2021 is
2
INDEPENDENT AUDITOR’S REPORT
To the Board of Director and Stockholder of Herzog GmbH., and Subsidiaries
We have audited the consolidated balance sheet of Herzog GmbH, and its Subsidiaries as of September 30, 1995, and the related consolidated statements of results, changes in the stockholder’s equity and cash flows for the period of sixteen months then ended. These consolidated financial statements are the responsibility of the Company’s Management. Our responsibility is to express an opinion on these consolidated financial statements based on our audit.
We conducted our audit in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about weather the consolidated financial statements are free of material misstatements. An audit includes examining, on a test basis, evidence statements. An audit also includes assessing the accounting principals used and significant estimates made by management, as well as evaluating the overall consolidated financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.
In our opinion, the consolidated financial statements referred to the above present fairly, in all material respects, the financial position of Herzog GmbH, and its Subsidiaries as of September 30, 1995, and the results of its operation, changes in stockholder’s equity and cash flows for the period of sixteen months then ended, in conformity with generally accepted accounting principles.
Established in the year 1845,
Firm ID:
Law 633 stamp for (cent) 1,000 adhered and cancelled in the original
Insurance Policy R-1153 Expires: September 30, 1996
March 6, 1996, except for notes dated March 23, 1996
Deutsche Bank, Frankfurt, Germany established in the year 1870.
3
HERZOG INTERNATIONAL HOLDINGS, INC.
Consolidated Balance Sheets
|
| 2021 |
ASSETS: |
|
|
|
|
|
Current assets: |
|
|
Cash and cash equivalents | $ | |
Total current assets |
| |
|
|
|
Fixed Assets: |
|
|
Long-Term Investments |
| |
Total Fixed Assets |
| |
|
|
|
TOTAL ASSETS: |
| |
|
|
|
LIABILITIES AND SHAREHOLDERS' EQUITY: |
|
|
|
|
|
Total Liabilities |
| |
|
|
|
OWNER'S EQUITY: |
|
|
Paid-in Capital |
| |
Total Equity |
| |
|
|
|
TOTAL LIABILITIES AND EQUITY |
|
4
HERZOG INTERNATIONAL HOLDINGS, INC.
Consolidated Income Statements
| 2021 | |
Revenue: |
|
|
Total revenue |
| |
|
|
|
Expenses: |
|
|
Total expenses |
| |
|
|
|
Income (loss) before provision for income taxes |
| |
Provision for income taxes |
| |
Net Income (Loss) |
| |
|
|
|
Basic and diluted net income (loss) per Company common share |
| |
Weighted average number of basic and diluted shares outstanding |
|
5
HERZOG INTERNATIONAL HOLDINGS, INC.
Consolidated Statements of Changes in Shareholders’ Equity (Deficit)
| Common stock |
|
|
| |
Shares | $0.001 par | Additional paid in capital | Accumulated equity (deficit) | Total | |
|
|
|
|
|
|
Balance at December 31, 2020 | $ | $ | $ | $ | |
Net income (loss) | |||||
Balance at December 31, 2021 | $ | $ | $ | $ | |
*Par value of series Q preferred shares is less than $1.
6
HERZOG INTERNATIONAL HOLDINGS, INC.
Consolidated Statements of Cash Flows
| 2021 | |
CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
Net income (loss) | $ | |
Net cash provided by (used by) operating activities |
| |
|
|
|
CASH FLOWS FROM INVESTING ACTIVITIES: |
|
|
Net cash provided by (used by) investing activities |
| |
|
|
|
CASH FLOWS FROM FINANCING ACTIVITIES: |
|
|
Net cash provided by (used by) financing activities |
| |
|
|
|
Net change in cash |
| |
Beginning cash |
| |
Ending cash | $ | |
|
|
|
SUPPLEMENTARY INFORMATION: |
|
|
Cash paid for interest | $ | |
Cash paid for income taxes | $ |
7
HERZOG INTERNATIONAL HOLDINGS, INC.
Notes to Consolidated Financial Statements
December 31, 2021 and 2020
Note 1 - Nature of operations
Corporate Structure Overview
HERZOG INTERNATIONAL HOLDINGS, INC.. (“the Company”), was incorporated under the laws of the State of
8
LIST OF EXHIBITS