Company: SCTH
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001017386-25-000073
Chunk: 14

Company: Securetech Innovations, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 14
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 contend with lesser-known rivals and potential newcomers who may emerge in the future.

While our industry’s size provides ample room for successful competition, we recognize that product technology continually evolves. New entrants consistently innovate, potentially surpassing our current offerings or rendering them obsolete. Adaptability and ongoing innovation are critical for maintaining our competitive edge.

Manufacturing

SecureTech collaborates with US-based contract manufacturers for product production, and the final assembly takes place at our Minnesota headquarters. Importantly, we maintain flexibility by not entering into long-term or exclusivity agreements with any specific manufacturer. This approach allows us to explore new partnerships and freely adapt as needed.

Our products at SecureTech proudly bear the coveted “Made in the USA” label.

Piranha Blockchain

SecureTech is a forward-thinking company focused on exploring advanced blockchain, Web3, and cybersecurity technologies and platforms. These efforts aim to enable the secure storage and transfer of digital assets while enhancing online privacy and user protection. The company advances these initiatives through its subsidiaries, which operate under the Piranha Blockchain brand (collectively referred to as “Piranha”). The planned initiatives outlined below demonstrate SecureTech’s dedication to leading innovation in technology and addressing the evolving challenges of digital security.

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Construct Secure, Low-Cost Green Energy Data Centers: Our data center focus will center around building environmentally friendly data centers that prioritize security while minimizing costs.

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Provide Advanced Cybersecurity Solutions: We intend to offer cutting-edge cybersecurity products to safeguard client data, protect identities, and defend digital assets against theft and ransom attacks.

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Develop Blockchain and Cryptocurrency Platforms: Our plans center around creating robust systems for mining, storage, and trading exchanges within the dynamic blockchain and cryptocurrency landscape.

Piranha aims to diversify its revenue streams. Below are the four key sources through which Piranha intends to generate revenue:

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Product Sales. Piranha will generate revenue through one-time sales of cybersecurity hardware and applications.

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Subscription Services. Recurring monthly revenue will come from cybersecurity subscriptions and hosting services.

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Cryptocurrency Ventures. Piranha will engage in cryptocurrency mining, hosting third-party mining rigs, and pursue trailblazing joint venture projects.

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Transaction Fees. Revenue will also be earned from transaction fees related to cryptocurrency exchanges, cryptocurrency trading, and conversions into and from fiat currencies.

Piranha’s Growth Strategy: Innovation and Acquisitions

As Piranha looks to grow its business, it will combine internal innovation with strategic acquisitions. Internally, Pir