Company: SNBH
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001731122-25-000581
Chunk: 981

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 15
Chunk 981
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 presented are those of Sentient
Brands Holdings Inc. (the “Company”). The Company was incorporated under the laws of the State of California on March 22,
2004, and, until October 2016, the Company was in the business of media advertising and acquiring high-end computer and networking equipment
from resellers and end-users and then reselling this equipment at discounted prices. The Company is currently in the business of product
development and brand management with a focus on building innovative brands in the Luxury and Premium Market space. The Company has a
Direct-to Consumer business model focusing on  wellness and beauty for conscious consumers. The Company incorporates
an omnichannel approach in its marketing strategies to ensure that its products are accessible across both digital and retail channels.
The Company develops Lifestyle Brands with carefully thought-out ingredients, packaging, fragrance and design. The Company’s leadership
team has extensive experience in building world-class brands such as Hugo Boss, Victoria’s Secret, Versace, and Bath & Body
Works. The Company is focused on two key market segments targeting: wellness and responsible luxury, which the Company believes represent
unique opportunities for its Oeuvre product line. The Company intends to leverage its in-house innovation capabilities to launch new products
that “disrupt” adjacent product categories. The Company plans to grow by leveraging its deep connections within its existing
network and attract consumers through increased brand awareness and investing in unique social media marketing. The Company’s goal
is to create customer experiences that have sustainable resonance with consumers and consistently implement strategies that result in
long-term profit growth.

On December 9, 2020, the Company filed a Certificate
of Amendment of Articles of Incorporation (the “Certificate”) with the State of California to (i) effect a forward stock split
of its outstanding shares of common stock at a ratio of 7 for 1 (7:1) (the “Forward Stock Split”), (ii) increase the number
of authorized shares of common stock from 50,000,000 shares to 500,000,000 shares, and (iii) effectuate a name change (the “Name
Change”). Fractional shares that resulted from the Forward Stock Split will be rounded up to the next highest number. As a result
of the Name Change, the Company’s name changed from “Intelligent Buying, Inc.” to “Sentient Brands Holdings Inc.”.
The Certificate was approved by the majority of the Company’s shareholders and by the Board of Directors of the Company. The effective