AWCA · Awaysis Capital, Inc.
The latest filing states the doubt was alleviated.
“While management believes these plans are feasible, they are subject to uncertainties outside the Company’s control. If successfully implemented, these plans are expected to alleviate the substantial doubt. Management’s plans to alleviate these conditions include continued financial support from related parties, utilization of its existing line of credit facilities, additional equity financings, potential asset sales, and the planned uplisting to a national securities exchange and related capital raise. However, there can be no assurance that such financings will be available on acceptable terms, or at all.”View the 10-Q filed May 15, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2025-05-21 | Trumbach Andrew |
Director, Co-CEO and CFO, 10% Owner |
Other↑
Filing footnotes — Convertible Promissory Note (Direct)
On May 21, 2025, the Reporting Person, as the lender, entered into a Convertible Promissory Note with the Issuer, as the borrower, which memorialized a $150,000 loan and loan terms (the "Note"). The amount borrowed was provided by the Reporting Person to the Issuer on April 10, 2025. Interest on the Loan is 12% per annum, payable, with the principal and any and all fees, costs and expenses then due under the Note, on October 10, 2025 (the "Maturity Date"). The Note is convertible into the common stock of the Issuer, in whole or in part, at the option of the Reporting Person at any time prior to the Maturity Date, at an exercise price per share of $0.16. |
Convertible Promissory Note
|
1 |
| 2024-09-16 | Trumbach Andrew |
Director, Co-CEO and CFO, 10% Owner |
Award↑
Filing footnotes — Common Stock, par value $0.01 per share (Direct)
The Reporting Person was issued an aggregate of 14,071,153 shares of Common Stock, at per share prices ranging from $0.1202 to $1.1920, in lieu of accrued and unpaid salary and bonuses aggregating $3,469,665 from September 1, 2022 through June 30, 2024. |
Common Stock, par value $0.01 per share
|
14,071,153 |
| 2024-09-16 | Trumbach Tyler Andrew |
Director, Chief Legal Officer |
Award↑
Filing footnotes — Common Stock, par value $0.01 per share (Indirect)
The Reporting Person was issued an aggregate of 3,529,127 shares of Common Stock, at per share prices ranging from $0.1202 to $1.1920, in lieu of accrued and unpaid salary and bonuses aggregating $895,512 from September 1, 2022 through June 30, 2024. |
Common Stock, par value $0.01 per share
(I)
|
3,529,127 |
| 2024-09-16 | Singh Michael E. |
Director, Chairman and Co-CEO, 10% Owner |
Award↑
Filing footnotes — Common Stock, par value $0.01 per share (Direct)
The Reporting Person was issued an aggregate of 14,071,153 shares of Common Stock, at per share prices ranging from $0.1202 to $1.1920, in lieu of accrued and unpaid salary and bonuses aggregating $3,469,665 from September 1, 2022 through June 30, 2024. |
Common Stock, par value $0.01 per share
|
14,071,153 |
| 2024-07-30 | Trumbach Andrew |
Director, Co-CEO and CFO, 10% Owner |
Other↑
Filing footnotes — Convertible Promissory Note (Indirect)
On June 24, 2024, the Issuer borrowed an aggregate of $1.1 million (the "Loan") from Harthorne Capital, Inc. ("Harthorne"), which was evidenced by a convertible promissory note (the "Note"), executed by the Issuer and Harthorne on August 2, 2024 with an issue date as of July 30, 2024. Interest on the Loan is 12% per annum, payable, with the principal and any and all fees, costs and expenses then due under the Note, on July 30, 2025 (the "Maturity Date"). The Note is convertible into the common stock of the Issuer, in whole or in part, at the option of Harthorne at any time prior to the Maturity Date, at an exercise price per share of $0.30. The Reporting Person is the President, CFO and an executive director of Harthorne. As such, the reporting person has voting and dispositive control over securities owned by Harthorne. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
Convertible Promissory Note
(I)
|
1 |
| 2024-07-30 | Iannitelli Lisa-Marie |
Director, Executive Vice President, 10% Owner |
Other↑
Filing footnotes — Convertible Promissory Note (Indirect)
On June 24, 2024, the Issuer borrowed an aggregate of $1.1 million (the "Loan") from Harthorne Capital, Inc. ("Harthorne"), which was evidenced by a convertible promissory note (the "Note"), executed by the Issuer and Harthorne on August 2, 2024 with an issue date as of July 30, 2024. Interest on the Loan is 12% per annum, payable, with the principal and any and all fees, costs and expenses then due under the Note, on July 30, 2025 (the "Maturity Date"). The Note is convertible into the common stock of the Issuer, in whole or in part, at the option of Harthorne at any time prior to the Maturity Date, at an exercise price per share of $0.30. The Reporting Person is an executive director of Harthorne. As such, the reporting person has voting and dispositive control over securities owned by Harthorne. The reporting person disclaims beneficial ownership of these securities, except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
Convertible Promissory Note
(I)
|
1 |
| 2024-07-30 | Singh Michael E. |
Director, Chairman and Co-CEO, 10% Owner |
Other↑
Filing footnotes — Convertible Promissory Note (Indirect)
On June 24, 2024, the Issuer borrowed an aggregate of $1.1 million (the "Loan") from Harthorne Capital, Inc. ("Harthorne"), which was evidenced by a convertible promissory note (the "Note"), executed by the Issuer and Harthorne on August 2, 2024 with an issue date as of July 30, 2024. Interest on the Loan is 12% per annum, payable, with the principal and any and all fees, costs and expenses then due under the Note, on July 30, 2025 (the "Maturity Date"). The Note is convertible into the common stock of the Issuer, in whole or in part, at the option of Harthorne at any time prior to the Maturity Date, at an exercise price per share of $0.30. The Reporting Person is an executive director of Harthorne. As such, the reporting person has voting and dispositive control over securities owned by Harthorne. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
Convertible Promissory Note
(I)
|
1 |
| 2024-04-01 | Singh Michael E. |
Director, Chairman and Co-CEO, 10% Owner |
Award↑
Filing footnotes — Common Stock, par value $0.01 per share (Direct)
The Reporting Person earned an annual bonus for the June 30, 2022 fiscal year, paid through the April 1, 2024 issuance of restricted shares of Company common stock equal in value to $500,000 and at an assumed per share value of the $0.01 par value of the shares. |
Common Stock, par value $0.01 per share
|
50,000,000 |
| 2023-12-05 | Trumbach Andrew |
Director, Co-CEO and CFO, 10% Owner |
Award↑
Filing footnotes — Common Stock, par value $0.01 per share (Direct)
The Reporting Person earned an annual bonus for the June 30, 2022 fiscal year, paid through the December 5, 2023 issuance of restricted shares of Company common stock equal in value to $500,000 and at an assumed per share value of the $0.01 par value of the shares. |
Common Stock, par value $0.01 per share
|
50,000,000 |
| 2023-02-13 | Trumbach Andrew |
Director, Co-CEO and CFO, 10% Owner |
Award↑
Filing footnotes — Common Stock, par value $0.01 per share (Direct)
Pursuant to the Reporting Person's Employment Agreement with the Issuer dated as of February 13, 2023, the Reporting Person was granted restricted shares of Company common stock equal in value to $500,000 and at an assumed per share value of the $0.01 par value of the shares. |
Common Stock, par value $0.01 per share
|
50,000,000 |
| 2023-02-13 | Trumbach Andrew |
Director, Co-CEO and CFO, 10% Owner |
Award↑
|
Stock Option (Right to Buy)
|
11,250,000 |
| 2023-02-13 | Singh Michael E. |
Director, Chairman and Co-CEO, 10% Owner |
Award↑
Filing footnotes — Common Stock, par value $0.01 per share (Direct)
Pursuant to the Reporting Person's Employment Agreement with the Issuer dated as of February 13, 2023, the Reporting Person was granted restricted shares of Company common stock equal in value to $500,000 and at an assumed per share value of the $0.01 par value of the shares. |
Common Stock, par value $0.01 per share
|
50,000,000 |
| 2023-02-13 | Singh Michael E. |
Director, Chairman and Co-CEO, 10% Owner |
Award↑
|
Stock Option (Right to Buy)
|
11,250,000 |
| 2022-09-16 | Trumbach Tyler Andrew |
Director, Chief Legal Officer |
Award↑
Filing footnotes — Common Stock, par value $0.01 per share (Indirect)
The shares were issued at an assumed per share value of $0.15, and were granted to the Reporting Person in lieu of $50,000 of legal services performed on behalf of the Company through an affiliate of the Reporting Person. |
Common Stock, par value $0.01 per share
(I)
|
333,333 |
| 2021-11-19 | LITTMAN M A |
Insider |
Sell↓
Filing footnotes — Common Stock (Indirect)
Owned through Michael A. Littman Atty Defined Benefit Plan of which Mr. Littman is Trustee. |
Common Stock
(I)
|
98,008,000 |