Elements Ventures Group Inc. Filed Primary

What the company does

Elements Ventures Group Inc. is a development-stage Wyoming company incorporated on January 31, 2022, founded by Dmitry Kinslikh. Its business is the development and intended commercialization of FITLY, a consumer mobile application for general health and wellness, designed to help individuals pursue general fitness, nutrition, and healthy-lifestyle goals through meal and habit tracking, wearable-device synchronization, structured multi-week wellness programs, and an assistive conversational feature. The company has not yet launched FITLY; the application is code-complete and has passed internal quality-assurance review. The company has generated no revenues since inception and is focused on raising capital to bring FITLY to market.

Use of proceeds

The company states it requires a minimum funding of $80,000 for the next twelve months to implement its plan of operations for the FITLY application. Gross proceeds to the company are $2,100,000 assuming the maximum number of shares are sold. The company will not receive any proceeds from the sale of shares by selling stockholders.

Underwriters

The completed effective-prospectus read stated no underwriters.

Extracted from S-1 0002097570-26-000025, filed Jul 17, 2026 and verified against that filing text.

Key risk factors

• Going concern doubt

  “Our independent registered public accounting firm has expressed a doubt about our ability to continue as a going concern.”

• FITLY not yet launched

  “Although our codebase is complete and has passed internal quality-assurance review, the application has not been deployed to a production environment, has not been tested by real users, and has not been submitted to or approved by the Apple App Store or Google Play Store.”

• Reliance on offering proceeds

  “Our current operating funds are less than necessary to complete our intended operations in the technology business.”

• Self-underwritten offering with no minimum

  “Our offering is being made on a best-efforts basis with no minimum amount of shares required to be sold in the offering to proceed.”

• Arbitrarily set offering price

  “We have arbitrarily determined the offering price of $0.35 per share in relation to this offering.”

• Self-underwriting risk

  “This offering is self-underwritten, that is, we are not going to engage the services of an underwriter to sell the shares; we intend to sell our shares through our President, who will receive no commissions.”

• Penny stock classification

  “The shares being offered are defined as a penny stock under the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), and rules of the Commission.”

• No public trading market

  “There is presently no demand for our common stock and no public market exists for the shares being offered in this prospectus.”