Elements Ventures Group Inc.

What the company does

Elements Ventures Group Inc. is a development stage company incorporated in Wyoming on January 31, 2022, founded by Dmitry Kinslikh. The company has generated no revenues since inception and has accumulated a deficit of $156,402 to May 31, 2026. It is pursuing a plan of operations in the technology business and is developing an application called Fitly, whose codebase is complete and has passed internal quality-assurance review but has not yet been deployed, tested by real users, or approved by app stores. The company qualifies as an emerging growth company and requires a minimum funding of $80,000 for the next twelve months to implement its plan.

Use of proceeds

The company is offering 6,000,000 shares of common stock at $0.35 per share, for maximum gross proceeds of $2,100,000, on a self-underwritten, best-efforts, no-minimum basis, with subscription funds deposited directly into its operating account and available for immediate use rather than held in escrow. The proceeds are intended to fund the company's twelve-month business plan in the technology business, though the offering is being made without an underwriter and there is no guarantee the company will be able to raise sufficient funds. The company will not receive any proceeds from the sale of shares by the selling stockholders.

Underwriters

The completed effective-prospectus read stated no underwriters.

Extracted from S-1/A 0001477932-26-006096, filed Oct 7, 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.”

• Product not yet launched or approved

  “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.”

• Dependence on offering proceeds

  “We require a minimum funding of approximately $80,000 to conduct our proposed operations for a period of one year.”

• Best-efforts 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

  “The offering price and other terms and conditions relative to the Company's shares have been arbitrarily determined by us and do not bear any relationship to assets, earnings, book value or any other objective criteria of value.”

• Self-underwritten offering 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 regulation

  “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.”