# EDGAR Filing Document

**Accession Number:** 0001963350
**File Stem:** 0001963350-23-000002
**Filing Date:** 2023-2
**Character Count:** 82190
**Document Hash:** c3f0bee30187333249befe6c41162ccb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001963350-23-000002.hdr.sgml**: 20230217

**ACCESSION NUMBER**: 0001963350-23-000002

**CONFORMED SUBMISSION TYPE**: C

**PUBLIC DOCUMENT COUNT**: 5

**FILED AS OF DATE**: 20230217

**DATE AS OF CHANGE**: 20230217

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Deep Sky Resorts Inc.
- **CENTRAL INDEX KEY:** 0001963350
- **IRS NUMBER:** 921497870
- **STATE OF INCORPORATION:** WY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** C
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 020-31831
- **FILM NUMBER:** 23644065

**BUSINESS ADDRESS:**
- **STREET 1:** 7302 YELLOWSTONE RD
- **CITY:** CHEYENNE
- **STATE:** WY
- **ZIP:** 82009
- **BUSINESS PHONE:** 3079109701

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 222
- **CITY:** RANCHO SANTA FE
- **STATE:** CA
- **ZIP:** 92067

### Attached PDF Documents

**Attachment 1:** `deepskyresortfformc20230217.pdf`

# OFFERING STATEMENT FOR
DEEP SKY RESORT INC.

# 1. THE COMPANY

The name of issuer is Deep Sky Resort Inc. (the “Company”).

# 2. ELIGIBILITY

Deep Sky Resort Inc.:

- Is organized under, and subject to, the laws of the State of Wyoming;
- Is not subject to the requirement to file reports pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 (the “Exchange Act”);
- Is not an investment company registered or required to be registered under the Investment Company Act of 1940;
- Is not ineligible to rely on this exemption under Section 4(a)(6) of the Securities Act of 1933 (the “Securities Act”) as a result of a disqualification specified in Rule 503(a) of Regulation Crowdfunding (“Reg CF”);
- Has filed with the Securities and Exchange Commission (the “Commission”) and provided to investors all required ongoing annual reports required by Reg CF during the period that the issuer was required to file such reports);
- Is not a development stage company that (a) has no specific business plan or (b) has indicated that its business plan is to engage in a merger or acquisition with an unidentified company or companies.

# 3. REPORTING REQUIREMENTS COMPLIANCE

In addition, the issuer (which has no predecessors) has not previously failed to comply with the ongoing reporting requirements of Rule 202 of Reg CF.

# 4. DIRECTORS OF THE COMPANY

The following individuals represent the Company as a director, officer, or promoter of the offering:

Konstantin Grigoriev

Konstantin Grigoriev is a co-founder, director, and CEO of the Company. Before forming the issuer, he has been an investor in financial technology projects and a serial entrepreneur in the enterprise networking industry. Konstantin’s experience spans two decades of increasing leadership in systems engineering and development. Since November 2022, Konstantin has served as Lead Engineer at VMware, a cloud computing and virtualization firm. Before joining VMware, Konstantin spent nearly 15 years with Cisco Systems, a global leader in network technology and related infrastructure. He holds a master’s degree from the Moscow Engineering Physics Institute as well as certifications in systems networking, product management, and strategy execution from leading educational institutions including Stanford University, UC Berkeley, and Duke University’s Fuqua School of Business.

# 5. OFFICERS OF THE COMPANY

Konstantin Grigoriev serves as the Company’s President and CEO.

# 6. PRINCIPAL SECURITY HOLDERS

The following table sets forth the name and ownership level of each person, as of February 17, 2023, who is the beneficial owner of 20 percent or more of the issuer's outstanding voting equity securities, calculated on the basis of voting power.

| Name of Holder | No. and Class of Securities Now Held | % of Voting Power Prior to Offering |
| --- | --- | --- |
| Tvoy Continent LLC | 500,000 shares of Common Stock | 100% |

## 7. BUSINESS AND ANTICIPATED BUSINESS PLAN

The Company is building an upscale luxury camping (glamour camping or "glamping") vacation resort near Joshua Tree National Park, California. Based within a short drive's distance from the high population areas of Los Angeles, Orange, San Diego, San Bernardino, Imperial, Riverside, and Kern Counties, the Company's layout and location are anticipated to be attractive to an addressable market of over 20 million residents.

Based on the Company's research and business plan, the US glamping market is growing, and growing at a rate faster than other hospitality markets or other geographies. This growth is driven by several factors:

- A large number of US households engage in camping (ca. 94 million in 2021, an increase of 8% year-on-year)
- 47% of "new" camping visitors were glamping in 2021
- The share of those who travel more than 3 times a year is growing.

Moreover, per the Company's analysis, the global market for glamping stands at $2.4 Billion with a cumulative annual growth rate of 10%. Meanwhile, the US share of the glamping market is over $500 million, growing annually at 18%.

![img-0.jpeg](img-0.jpeg)

## Market Inefficiencies and Opportunities

While the American glamping market is about 22% and growing 1.8 times faster compared to the world, there are still some substantial market problems that the Company is seeking to address:

*Low Variety of accommodations*

There are not enough glamping sites on the US market that can offer interesting and unique glamping opportunities, including original design solutions and various types of retreat activities.

*Absence of self-service or curated recreation options*

Typically there is no possibility to pre-book activities or reserve equipment;
Ancillary glamping activities are absent or limited;
glamping resort operators fail to offer organized activities or support group or individual excursions.

*Lack of clear delineation between quiet and common areas*

Most glamping sites do not segregate zones for varying types of guests;
This either leaves guests who prefer to socialize in common areas a lack of group space, or forces guests who prefer a private retreat or quiet reflection into noisier common areas.

**Deep Sky Solutions**

Varying Accommodations:

The Company anticipates offering a wide variety of accommodations, to provide locations and camp sites for every taste and type of travel:

- Luxury Private Glamping Sites - with all the amenities of a hotel, close to nature
- Private Villa - for larger groups, corporate retreats, and family trips
- Individual Camp Sites (for tents, car camping, or RVs) - for those who are used to bringing their own accommodations while camping

![img-1.jpeg](img-1.jpeg)

### Curated Activities:

In addition to varied levels of hospitality offerings, the Company also aims to provide diverse activities on site or nearby:

- On its territory, the Company proposes to offer wellness, relaxation, and athletic activities including meditation, hiking, trail riding, and yoga.
- Guests will not need to bring equipment, as the Company expects to provide everything guests may need to participate in resort activities.
- The Company expects to build out a mobile app for registration for resort stays as well as resort activities.

### Multiple levels of interaction

Guests will be able to determine for themselves how they would like to spend their time - among new friends and in a larger group, or by enjoying nature in solitude or with family.

![img-2.jpeg](img-2.jpeg)

### Deep Sky Resort Competitive Analysis

The Company's research shows that it stands out among its competitors by the presence of thematic zones, a convenient way of booking, and the presence of a quiet zone:

| Company | Variety of objects | Themed camping | Holding events | Pet friendly | Quiet zone | Equipment rental | Booking |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Tentrr | +/- | - | - | + | - | - | Site |
| Under Canvas | + | - | - | + | - | - | Site |
| Ventana Big Sur | - | - | + | $150 | - | - | Contractor |
| Paws up | + | - | - | + | - | + | Site |
| El Cosmico | + | + | - | + | - | - | Site |
| El Capitan Canyon | +/- | - | + | - | - | - | Site |
| Capitol Reef Resort | + | + | + | - | - | + | Site |
| Walden Retreats | - | - | + | + %50/night | - | - | Contractor |
| Collective Retreats | +/- | - | + | - | +/- | + | Site |
| Our Glamping | + | + | + | + | + | + | App |

## Operational Plan

The Company has developed an operational development calendar that encompasses multiple phases from estimations and planning to permitting and licensing all the way to architecture and construction.

![img-3.jpeg](img-3.jpeg)

To date, the Company has secured land and permits, and is in the process of building out site improvements:

![img-4.jpeg](img-4.jpeg)

## Financial Plan and Development Roadmap

The Company's initial seed capital has been allocated to preparatory work, acquiring real estate, and ordering glamping equipment. New capital is needed to scale operations, for marketing, and completing subsequent phases of construction.

![img-5.jpeg](img-5.jpeg)

## Roadmap

![img-6.jpeg](img-6.jpeg)

## Staffing

The Company currently employs two executives in varying capacities. Executive staff are responsible for project oversight and management, while permitting, operations, construction, and technical development are currently outsourced to specialist contractors. The Company anticipates hiring permanent hospitality management staff upon completion of the current preparation and construction phase.

# 8. RISK FACTORS

**A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment.**

**In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document.**

**The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature.**

**These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.**

## RISKS RELATED TO AN INVESTMENT IN OUR EQUITY

*We have no operating history and therefore valuation of our equity is difficult.*

We were incorporated in Wyoming in January 2023 and our operations to date have consisted of planning and developing our investment plans, establishing relationships with potential service providers and preparing necessary documents and filings in order to implement our capital raise as currently conceived. Accordingly, we have no operating history upon which an evaluation of our prospects and future performance can be made.

*Even if this offering is successful, we may need to raise additional capital in the future to continue operations, which may not be available on acceptable terms, or at all.*

This offering is subject to a minimum offering amount and we will not commence operations until obtaining funding through this offering. However, we may meet our minimum offering amount, close on committed purchases and have access to investor funds before we obtain the funding that we expect will be required to complete our business plan. There is no guarantee that we will be able to raise any additional capital in the future or that additional capital will be available on acceptable terms.

Because we lack an operating history, you have no basis upon which to evaluate our ability to achieve our business objective. Our proposed operations are subject to all business risks associated with a new enterprise. The likelihood of our creation of a viable business must be considered in light of the problems, expenses, difficulties, complications, and delays frequently encountered in connection with the inception of a business operating in a relatively new, highly competitive, and developing industry. Even if we close this offering, there can be no assurance that we will ever generate any operating activity or develop and operate the business as planned. If we are unsuccessful at executing on our business plan, our business, prospects, and results of operations may be materially adversely affected and investors may lose all or a substantial portion of their investment.

*There is currently no trading market for our equity and we cannot ensure that a liquid market will occur or be sustainable.*

Prior to this Offering, there has been no public market for our securities. There can be no assurance that there will be an active market for securities either now or in the future. There is no plan to have our securities trade on a national securities exchange. If the Company ever decides to seek approval to list securities for trading on a registered securities exchange, there is no assurance that such approval will be obtained or, if approval is obtained, that an active or liquid trading market will develop. Even if an investor finds a broker willing to effect a transaction in our securities, the combination of brokerage commissions, transfer fees, taxes, if any, and any other selling costs may exceed the selling price. As a result, purchasers in this offering, and subsequent purchasers of our securities, will likely be limited in their ability to engage in secondary trading.

We may, in the future, take certain steps, including utilizing investor awareness campaigns, press releases, road shows and conferences to increase awareness of our business. We may need to compensate consultants with cash and/or securities. There can be no assurance that there will be any awareness generated or the results of any efforts will result in any impact on our trading volume.

*There can be no assurance that we will be able to pay any cash distributions to the holders of our securities.*

We may never have sufficient operating results to make any cash distributions, which could adversely affect the value of our securities.

Further, each security holder's right to the pro rata portion of the distribution for any given year is subject to reduction in an amount equal to the banking fees and/or transactions fees. Thus, with respect to any year during which the amount to be distributed to an individual security holder is less than the amount of fees relating to such transfer, no distribution will be made.

As a result, the ability of any holder to receive any cash distributions from us is not guaranteed.

## RISKS RELATED TO OUR COMPANY'S OPERATIONS

*We may be unable to obtain additional financing, if required, to complete our initial business combination or to fund our operations, which could compel us to restructure or abandon a particular business concept.*

Although we believe that the net proceeds of this offering will be sufficient to allow us to implement our business plan, if the net proceeds of this offering prove to be insufficient, because of the depletion of the available net proceeds, we will be required to seek additional financing. Such financing may not be available on acceptable terms, if at all. To the extent that additional financing proves to be unavailable when needed to implement our business plan, we would be compelled to either restructure or abandon that particular business plan. The failure to secure additional financing could have a material adverse effect on the continued development or growth of the business. None of our officers, directors or stockholders is required to provide any financing to us in connection with or our business plans.

*Changes in laws or regulations, or a failure to comply with any laws and regulations, may adversely affect our business, investments and results of operations.*

We are subject to laws and regulations enacted by national, regional and local governments. Compliance with, and monitoring of, applicable laws and regulations may be difficult, time consuming and costly. Those laws and regulations and their interpretation and application may also change from time to time and those changes could have a material adverse effect on our business, investments and results of operations. In addition, a failure to comply with applicable laws or regulations, as interpreted and applied, could have a material adverse effect on our business and results of operations.

*We face cyber-attack and other cyber security risks.*

Our technology, our people and those of our third-party service providers and our customers may be vulnerable to targeted attacks, unauthorized access, fraud, computer viruses, denial of service attacks, terrorism, firewall or encryption failures and other security problems. Attackers may seek to steal information about our technology, financial data or user information or take other actions that would be damaging to the Company and/or investors.

In addition, as the regulatory environment related to information security, data collection and use, and privacy becomes increasingly rigorous, with new and constantly changing requirements applicable to our business, compliance with those requirements could also result in additional costs.

*The loss of key personnel could have a material adverse effect on us.*

Our success depends on the continued services of key personnel. In particular, our reputation among and our relationships with key industry leaders are the direct result of a significant investment of time and effort by our personnel to build credibility in a highly specialized industry. The loss of services of key personnel could diminish our business and growth opportunities and could have a material adverse effect on us.

*Our business will be adversely affected if we are unable to attract and retain talented employees, including sales, technology, operations, and development professionals.*

Our business operations require highly specialized knowledge of hospitality management. If we are unable to retain the services of talented employees, including executive officers, other key management and sales, technology, operations, and development professionals, we would be at a competitive disadvantage. In addition, recruitment and retention of qualified staff could result in substantial additional costs. The loss of the services of one or more of our executive officers or other key professionals or our inability to attract, retain and motivate qualified personnel, could have a material adverse effect on our ability to operate our business.

*Operational risks, such as misconduct and errors of our employees or entities with which we do business, are difficult to detect and deter and could cause us reputational and financial harm.*

Our employees and agents could engage in misconduct which may include conducting in and concealing unauthorized activities, improper use or unauthorized disclosure of confidential information.

It is not always possible to deter misconduct by our employees, and the precautions we take to prevent and detect this activity may not be effective in all cases. Our ability to detect and prevent errors or misconduct by entities with which we do business may be even more limited. Such misconduct could subject us to financial losses or regulatory sanctions and materially harm our reputation, financial condition and operating results.

*Negative publicity could damage our business.*

Developing and maintaining our reputation is critical to attracting and retaining customers and investors and for maintaining our relationships with our regulators.

Negative publicity regarding our Company or our key personnel, whether based upon fact, allegation or perception and whether justified or not, could give rise to reputational risk which could significantly harm our business prospects.

*General global market and economic conditions may have an adverse impact on the Company's operating performance, results of operations and/or cash flow.*

The Company may be affected by general global economic and market conditions. Challenging economic conditions worldwide have from time to time contributed, and may continue to contribute, to slowdowns in the global economy at large. Weakness in the economy could have a negative effect on the Company's business, operations, and financial condition, including decreases in revenue and operating cash flow, and inability to attract future equity and/or debt financing on commercially reasonable terms. Additionally, in a down-cycle economic environment, the Company may experience the negative effects of a slowdown. Suppliers on which the Company relies could also be negatively impacted by economic conditions that, in turn, could have a negative impact on the Company's operations or expenses. There can be no assurance, therefore, that current economic conditions or worsening economic conditions or a prolonged or recurring recession will not have a significant, adverse impact on the Company's business, financial condition and results of operations. Any such circumstances would then correspondingly negatively impact the functionality, liquidity, and/or trading price of our securities.

## 9. THE OFFERING AND USE OF PROCEEDS

Deep Sky Resorts Inc. ('Company') is offering securities under Regulation CF, through the GoToCrowd portal located at https://gotocrowd.com ('Portal'). The Regulation CF section of the Portal is managed by Jumpstart Services, LLC, a FINRA/SEC registered broker-dealer that will receive cash compensation equal to 2% of the value of the securities sold through Regulation CF.

Investments made under Regulation CF involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest.

The Company plans to raise between $10,000 and $5,000,000 through an offering under Regulation CF. Specifically, if we reach the target offering amount of $10,000, we may conduct the first of multiple or rolling closings of the offering early if we provide notice about the new offering deadline at least five business days prior to such new offering deadline (absent a material change that would require an extension of the offering and reconfirmation of the investment commitment).

Oversubscriptions, if any, will be allocated on a first come, first served basis.

Changes to the offering, material or otherwise, occurring after a closing, will only impact investments that have yet to be closed.

Funds will be used to scale our sales and operations teams, as well as fund evolution of the resort to meet the needs of our users. Approximately 45% of our net proceeds are designated for sales and marketing, 25% for further development efforts and 25% for operational costs.

## 10. Use of Proceeds:

|  | If Target Offering Amount Sold | If Maximum Amount Sold |
| --- | --- | --- |
| Total Proceeds | $10,000 | $5,000,000 |
| Less: Offering Expenses |  |  |
| Intermediary Fees | $200 | $100,000 |
| Accounting Fees | $3,000 | $3,000 |
| Legal Fees | $2,500 | $15,000 |
| Net Proceeds | $4,300 | $4,882,000 |
| Use of Net Proceeds |  |  |
| Working Capital | $0 | $100,000 |
| Sales & Marketing | $2,200 | $2,391,000 |
| Development | $1,050 | $1,243,000 |
| Operations | $1,050 | $1,148,000 |
| Total Use of Net Proceeds | $10,000 | $5,000,000 |

## 11. TRANSACTION MECHANICS AND CANCELLATION

The Company has not made use of any written communication of broadcast script for testing the waters under either (i) the authorization of Rule 241 within 30 days of the initial filing of the offering statement or (ii) the authorization of Rule 206.

In entering into an agreement on the Portal to purchase securities, both investors and the Company must agree that a transfer agent, which keeps records of our outstanding Common Stock and other securities (collectively, the “Securities”), will issue Securities in the investor’s name (a paper certificate will not be printed). Similar to other online investment accounts, the transfer agent will give investors access to a web site to see the number of Securities that they own in our company. These Securities will be issued to investors after the deadline date for investing has passed, as long as the targeted offering amount has been reached. The transfer agent will record the issuance when we have received the purchase proceeds from the escrow agent who will hold all investment commitments until a closing.

### 12. NOTE: Investors may cancel an investment commitment until 48 hours prior to the deadline identified in these offering materials.

**The intermediary will notify investors when the target offering amount has been met.**

**If the issuer reaches the target offering amount prior to the deadline identified in the offering materials, it may close the offering early if it provides notice about the new offering deadline at least five business days prior to such new offering deadline (absent a material change that would require an extension of the offering and reconfirmation of the investment commitment).**

**If an investor does not cancel an investment commitment before the 48-hour period prior to the offering deadline, the funds will be released to the issuer upon closing of the offering and the investor will receive securities in exchange for his or her investment.**

**If an investor does not reconfirm his or her investment commitment after a material change is made to the offering, the investor’s investment commitment will be cancelled and the committed funds will be returned.**

## OWNERSHIP AND CAPITAL STRUCTURE

### 13-16. The Offering

The Company is offering shares of Preferred Stock; a copy of the Company's Certificate of Incorporation is attached as Exhibit A.

The Preferred Stock has voting rights, on a pro-rata basis (one share = one vote) on all matters rightfully submitted to the shareholders for a vote. There are no limitations to the voting rights.

We may choose to modify the terms of the offering before the offering is completed. However, if the terms are modified in a material way, we will contact you and give you the opportunity to reconfirm your investment. You must complete your reconfirmation within five business days following your receipt of the notice of a material change; if you do not reconfirm, we will cancel your investment and return your money to you.

### **Restrictions on Transfer of the Securities Being Offered**

The securities being offered may not be transferred by any purchaser of such securities during the one-year period beginning when the securities were issued, unless such securities are transferred:

(1) to the issuer;
(2) to an accredited investor;
(3) as part of an offering registered with the Commission; or
(4) to a member of the family of the purchaser or the equivalent, to a trust controlled by the purchaser, to a trust created for the benefit of a member of the family of the purchaser or the equivalent, or in connection with the death or divorce of the purchaser or other similar circumstance.

**NOTE: The term “accredited investor” means any person who comes within any of the categories set forth in Rule 501(a) of Regulation D, or who the seller reasonably believes comes within any of such categories, at the time of the sale of the securities to that person.**

**The term “member of the family of the purchaser or the equivalent” includes a child, stepchild, grandchild, parent, stepparent, grandparent, spouse or spousal equivalent, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law of the purchaser, and includes adoptive relationships. The term “spousal equivalent” means a cohabitant occupying a relationship generally equivalent to that of a spouse.**

### **17. Description of Issuer’s Securities**

The following tables describe the issued and outstanding securities of the issuer. Describe the material terms of any other outstanding securities or classes of securities of the issuer.

| Class of Security | Securities Authorized | Securities Outstanding | Voting Rights | Other Rights |
| --- | --- | --- | --- | --- |
| Common Stock: | 1,500,000 | 500,000 | Yes | No |
| Preferred Stock | 1,000,000 | 0 | Limited voting rights as described in the Certificate of Incorporation | Liquidation preference over Common Stock |

No other securities are issued or outstanding. There are no options, warrants or other securities convertible into capital stock of the issuer outstanding.

18. The rights of the Preferred Stock are not materially limited, diluted or qualified by the rights of any class of security of the issuer that is currently issued and outstanding. The rights of the Preferred Stock may be limited, diluted or qualified by the rights (to be determined) of any additional series of Preferred Stock that the Company may issue.

19. If the issuer completes a subsequent financing, securities issued in such financing will dilute the ownership of the investors in this offering, and the terms of the securities issued in such financing may have rights superior to the rights of the securities issued in this offering.

There any otherwise no differences not reflected above among the classes of security of the issuer.

20. At current levels of ownership, Tvoy Continent LLC represents a majority ownership of Deep Sky Resort Inc. and has the ability to make decisions that may not be in the best interest of the investors. As minority owners, Stockholders may be outvoted on issues that impact their investment, such as the issuance of additional shares, or the sale of debt, convertible debt or assets of the issuer.

21. The Preferred Stock is being valued at the issuer's discretion, based on its assessment of the value of the hospitality resort operated by the issuer and the preferences applicable to the Preferred Stock.

22. Investors with a minority ownership in the Company will be subject to the same risks as any investor with a minority stake in the Company. Primarily, minority investors will not have the voting power required to influence Company direction at their discretion.

23. The issuance of additional securities will dilute your ownership. As a result, if we achieve profitable operations in the future, our net income per share will be reduced because of dilution, and the market price of our common stock, if there is a market price, could decline as a result of the additional issuances of securities. If we repurchase securities, so that the above risk is mitigated, we may not have enough cash available for marketing expenses, growth, or operating expenses to reach our goals. If we do not have enough cash to operate and grow, we anticipate the market price of our common stock, if any, would decline. A sale of our company or of all the assets of our company may result in an entire loss of your investment. We cannot predict the market value of our company or our assets, and the proceeds of a sale may not be cash, but instead, unmarketable securities, or an assumption of liabilities. It is unlikely that in the near term, a sale would result in a premium that is significant enough over book value to generate a return to our investors. We may need to negotiate with a related party for additional capital. No assurance can be given that such funds will be available or, if available, will be on commercially reasonable terms satisfactory to us. Even if such financing is available, it may be on terms that are materially adverse to your interests with respect to dilution of book value, dividend preferences, liquidation preferences, or other terms. We anticipate that if we have any transactions with related parties, that they will be on an arms-length basis.

24. The issuer does not carry any debt.

25. The issuer has conducted one exempt offering prior to the current offering: an issuance of Common Stock to Tvoy Continent, LLC in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended, in exchange for business plan development with a value in excess of the par value of the issuer's Common Stock.

26. Neither the issuer nor any affiliated entity of the issuer has been a party to a transaction since the beginning of the issuer's last fiscal year, or any currently proposed transaction, where the amount involved exceeds five percent of the aggregate amount of capital raised by the issuer in reliance on Section 4(a)(6) of the Securities Act during the preceding 12-month period, including the amount the issuer seeks to raise in the current offering, in which any of the following persons had or is to have a direct or indirect material interest:

(1) any director or officer of the issuer;
(2) any person who is, as of the most recent practicable date, the beneficial owner of 20 percent or more of the issuer's outstanding voting equity securities, calculated on the basis of voting power;
(3) if the issuer was incorporated or organized within the past three years, any promoter of the issuer; or
(4) any immediate family member of any of the foregoing persons.

## FINANCIAL CONDITION OF THE ISSUER

27. The issuer does not have an operating history.

28. The issuer is a recently formed corporation seeking capital to build out a luxury camping resort. Upon completion and launch of operations the resort is anticipated to attract over 1,000 visitors within 12 months of operations. With this raise, we plan to allocate raised funds to construction and development, as well as sales and marketing, with a higher allocation to operations/customer attraction. We believe these activities will result in the traction we will need to become self-sustaining.

## **29. FINANCIAL INFORMATION**

Attached as Exhibit B to the issuer's initial filing are the issuer's audited financial statements, prepared in accordance with U.S. generally accepted accounting principles and comprising balance sheet, statement of income, statement of cash flows, statement of changes in stockholders' equity and notes to the financial statements, in each case as reviewed by an independent public accountant, together with the independent accountant's signed review report.

## **30. NO DISQUALIFICATIONS**

Neither the issuer, nor any predecessor of the issuer, nor any affiliated issuer, nor any director, officer, general partner or managing member of the issuer, nor any beneficial owner of 20 percent or more of the issuer's outstanding voting equity securities, nor any promoter connected with the issuer in any capacity at the time of such sale, nor any person that has been or will be paid (directly or indirectly) remuneration for solicitation of purchasers in connection with such sale of securities, nor any general partner, director, officer or managing member of any such solicitor:

1. 1) Has been convicted, within 10 years (or five years, in the case of issuers, their predecessors and affiliated issuers) before the filing of this offering statement, of any felony or misdemeanor:
   1. a) in connection with the purchase or sale of any security
   2. b) involving the making of any false filing with the Commission
   3. c) arising out of the conduct of the business of an underwriter, broker, dealer, municipal securities dealer, investment adviser, funding portal or paid solicitor of purchasers of securities.
2. 2) Is subject to any order, judgment or decree of any court of competent jurisdiction, entered within five years before the filing of the information required by Section 4A(b) of the Securities Act that, at the time of filing of this offering statement, restrains or enjoins such person from engaging or continuing to engage in any conduct or practice:
   1. a) in connection with the purchase or sale of any security;
   2. b) involving the making of any false filing with the Commission
   3. c) arising out of the conduct of the business of an underwriter, broker, dealer, municipal securities dealer, investment adviser, funding portal or paid solicitor of purchasers of securities.
3. 3) Is subject to a final order of a state securities commission (or an agency or officer of a state performing like functions); a state authority that supervises or examines banks, savings associations or credit unions; a state insurance commission (or an agency or officer of a state performing like functions); an appropriate federal banking agency; the U.S. Commodity Futures Trading Commission; or the National Credit Union Administration that:
   1. a) at the time of the filing of this offering statement bars the person from:
      1. (A) association with an entity regulated by such commission, authority, agency or officer
      2. (B) engaging in the business of securities, insurance or banking
      3. (C) engaging in savings association or credit union activities
   2. b) constitutes a final order based on a violation of any law or regulation that prohibits fraudulent, manipulative or deceptive conduct and for which the order was entered within the 10-year period ending on the date of the filing of this offering statement
4. 4) Is subject to an order of the Commission entered pursuant to Section 15(b) or 15B(c) of the Exchange Act or Section 203(e) or (f) of the Investment Advisers Act of 1940 that, at the time of the filing of this offering statement:
   1. a) suspends or revokes such person's registration as a broker, dealer, municipal securities dealer, investment adviser or funding portal; or
   2. b) places limitations on the activities, functions or operations of such person; or

c) bars such person from being associated with any entity or from participating in the offering of any penny stock.
5) Is subject to any order of the Commission entered within five years before the filing of this offering statement that, at the time of the filing of this offering statement, orders the person to cease and desist from committing or causing a violation or future violation of:
a) any scienter-based anti-fraud provision of the federal securities laws, including without limitation Section 17(a)(1) of the Securities Act, Section 10(b) of the Exchange Act, Section 15(c)(1) of the Exchange Act and Section 206(1) of the Investment Advisers Act of 1940 or any other rule or regulation thereunder;
b) Section 5 of the Securities Act.
6) Is suspended or expelled from membership in, or suspended or barred from association with a member of, a registered national securities exchange or a registered national or affiliated securities association for any act or omission to act constituting conduct inconsistent with just and equitable principles of trade.
7) Has filed (as a registrant or issuer), or was any such person or was any such person named as an underwriter in, any registration statement or Regulation A offering statement filed with the Commission that, within five years before the filing of this offering statement, was the subject of a refusal order, stop order, or order suspending the Regulation A exemption, or is any such person, at the time of such filing, the subject of an investigation or proceeding to determine whether a stop order or suspension order should be issued.
8) Is subject to a United States Postal Service false representation order entered within five years before the filing of the information required by Section 4A(b) of the Securities Act, or is any such person, at the time of filing of this offering statement, subject to a temporary restraining order or preliminary injunction with respect to conduct alleged by the United States Postal Service to constitute a scheme or device for obtaining money or property through the mail by means of false representations.

### 31. OTHER MATERIAL INFORMATION

The following documents are being submitted as part of this offering:

| Class of Document | Title of Document | Filename of Document |
| --- | --- | --- |
| Governance: | Articles of Incorporation | dsrformcexhibita.pdf |
| Financial Statements: | Additional Information | dsrformcexhibitb.pdf |
| Marketing: | Offering Website | dsrformcexhibitc.pdf |

### ONGOING REPORTING

The issuer will file a report electronically with the Securities & Exchange Commission annually and post the report on its website, no later than 120 days following the end of each fiscal year covered by the report. Once posted, the annual report may be found on the issuer's website at https://deepskyresort.com:

The issuer covenants to continue to comply with the ongoing reporting requirements until:

(1) it is required to file reports under Section 13(a) or Section 15(d) of the Exchange Act;
(2) it has filed, since its most recent sale of securities pursuant to this part, at least one annual report pursuant to this section and has fewer than 300 holders of record;
(3) it has filed, since its most recent sale of securities pursuant to this part, the annual reports required pursuant to this section for at least the three most recent years and has total assets that do not exceed $10,000,000;
(4) it or another party repurchases all of the securities issued in reliance on Section 4(a)(6) of the Securities Act, including any payment in full of debt securities or any complete redemption of redeemable securities; or
(5) it liquidates or dissolves its business in accordance with state law.

**Attachment 2:** `dsrformcexhibita.pdf`

# AMENDED AND RESTATED
ARTICLES OF INCORPORATION
OF
DEEP SKY RESORTS INC.

The undersigned, Colin Breeze, Incorporator of Deep Sky Resorts Inc., a Wyoming corporation (the "Corporation"), does hereby certify:

1. He is the Incorporator of the Corporation.
2. The Amended and Restated Articles of Incorporation consolidate into a single document the Articles of Incorporation filed January 2, 2023, with a new amendment with respect to authorized capital of the Corporation as well as the preferences, rights, and limitations of the Corporation's Series CF Preferred Stock.
3. The Corporation is authorized to issue 1,500,000 shares of common stock having a par value of $0.0001 per share and 1,000,000 shares of preferred stock having a par value of $0.0001 per share.
4. The Corporation does not yet have a board of directors.

IN WITNESS WHEREOF, the undersigned hereby executes these Amended and Restated Articles of Incorporation of Deep Sky Resorts Inc., a Wyoming corporation, as of the 3rd day of January 2023.

\_\_\_\_\_  
Colin Breeze, Incorporator  
307-910-9701  
cbreeze@breezelawfirm.com

![img-0.jpeg](img-0.jpeg)

## ARTICLE I - NAME

The name of the Corporation is “Deep Sky Resorts Inc.”

## ARTICLE II - DURATION

The Corporation shall have perpetual existence.

## ARTICLE III - PURPOSES AND POWERS

The nature of the business of the Corporation and the objects or purposes to be transacted, promoted, or carried on by it are to engage in and conduct any lawful business, activity or enterprise for which corporations may be organized under the WBCA.

## ARTICLE IV - CAPITALIZATION

The aggregate number of shares which this Corporation shall have authority to issue is Two Million Five Hundred Thousand (2,500,000), One Million Five Hundred Thousand (1,500,000) of which shall be shares of common stock of a par value of $0.0001 per share (the “Common Stock”), and One Million (1,000,000) of which shall be shares of preferred stock of a par value of $0.0001 per share (the “Preferred Stock”).

The holders of the Common Stock shall not have pre-emptive rights to acquire unissued shares of stock of the Corporation, nor shall such holders be entitled to vote cumulatively for directors of the Corporation.

The Corporation’s Board of Directors is authorized, subject to limitations prescribed by law and the provisions of the preceding paragraph of this Article IV, to provide for the issuance of the shares of Preferred Stock in series, any by filing a certificate pursuant to the applicable law of the State of Wyoming, to establish from time to time the number of shares to be included in each such series, and to fix the designation, powers, preferences, and rights of the shares of each such series and the qualifications, limitations, or restrictions thereof. The authority of the Board with respect to each series shall include, but shall not be limited to, the determination of the following:

- (a) The number of shares constituting each series and the distinctive designation of each series;
- (b) The dividend rate on the shares of each series, the manner in which dividends shall be paid, whether dividends shall be cumulative, and if so, from which date or dates, and the relative rights of priority, if any, of payment of dividends on shares of each series;
- (c) Whether each series shall have voting rights in addition to the voting rights provided by law, and if so, the terms of such voting rights;
- (d) Whether each series shall have conversion privileges, and if so, the terms and conditions of such conversion, including provision for adjustment of the conversion rate in such events as the Board shall determine;
- (e) Whether or not the shares of each series shall be redeemable, and if so, the terms and conditions of such redemption, including the date or dates upon or after which they shall be redeemable, and the amount per share payable in case of redemption, which amount may vary under different conditions and at different redemption dates;

(f) Whether each series shall have a sinking fund for the redemption or purchase of shares of each such series, and if so, the terms and amount of such sinking fund;

(g) The rights of the shares of each series in the event of voluntary or involuntary liquidation, dissolution, or winding up of the Corporation, and the relative rights or priority, if any, of payment of shares of each such series; and

(h) Any other relative rights, preferences, and limitations of each such series.

No holder of shares of Common Stock or Preferred Stock shall be entitled as of right to subscribe for, purchase, or receive any new or additional shares of any class, whether now or hereafter authorized, or any notes, bonds, debentures, or other securities convertible into or carrying options or warrants to purchase shares of any class; provided, however, all such new or additional shares of any class, or notes, or bonds, debentures, or other securities convertible into, or carrying options or warrants to purchase, shares of any class may be issued or disposed of by the Board to such persons and on such terms as it, in its absolute discretion, may deem advisable.

### TERMS OF SERIES OF PREFERRED STOCK

Section 1. Definitions. For the purposes hereof, the following terms shall have the following meanings:

“Business Day” means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of Wyoming are authorized or required by law or other governmental action to close.

“Common Stock” means the Corporation’s common stock, par value $0.0001 per share, and stock of any other class of securities into which such securities may hereafter be reclassified or changed.

“Conversion Amount” means the sum of the Stated Value at issue.

“Conversion Date” shall have the meaning set forth in Section 5(a).

“Conversion Shares” means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

“Holder” shall have the meaning given such term in Section 2.

“Liquidation” shall have the meaning set forth in Section 4.

“Notice of Conversion” shall have the meaning set forth in Section 5(a).

“Original Issue Date” means the date of the first issuance of any shares of the Preferred Stock regardless of the number of transfers of any particular shares of Preferred Stock and regardless of the number of certificates which may be issued to evidence such Preferred Stock.

“Person” means an individual or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability company, joint stock company, government (or an agency or subdivision thereof) or other entity of any kind.

“Preferred Stock” shall have the meaning set forth in Section 2.

“Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.

“Share Delivery Date” shall have the meaning set forth in Section 5(b).

“Stated Value” shall have the meaning set forth in Section 2.

Section 2. Designation, Amount and Par Value. The series of preferred stock shall be designated as its Series CF Convertible Preferred Stock (the “Preferred Stock”) and the number of shares so designated shall be up to 500,000 (which shall not be subject to increase without the written consent of the holders of a majority of the then outstanding shares of the Preferred Stock (each such holder of Preferred Stock, a “Holder” and collectively, the “Holders”)). Each share of Preferred Stock shall have a par value of $0.0001 per share and a stated value equal to $100, subject to increase set forth in Section 3 below (the “Stated Value”).

Section 3. Voting Rights. Except as otherwise provided herein or as otherwise required by law, the Preferred Stock shall have no voting rights. However, as long as any shares of Preferred Stock are outstanding, the Corporation shall not, without the affirmative vote of the Holders of a majority of the then outstanding shares of the Preferred Stock, (a) alter or change adversely the powers, preferences or rights given to the Preferred Stock or alter or amend the Terms of Series A Common Stock of these Second Amended and Restated Articles of Incorporation, (b) authorize or create any class of stock ranking as to dividends, redemption or distribution of assets upon a Liquidation (as defined in Section 5) senior to, or otherwise pari passu with, the Preferred Stock, (c) amend its certificate of incorporation or other charter documents in any manner that adversely affects any rights of the Holders, (d) increase the number of authorized shares of Preferred Stock, or (e) enter into any agreement with respect to any of the foregoing.

Section 4. Liquidation. Upon any liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary (a “Liquidation”), the Holders shall be entitled to receive out of the assets, whether capital or surplus, of the Corporation an amount equal to the Stated Value, plus any accrued and unpaid dividends thereon and any other fees or liquidated damages then due and owing thereon under these Amended and Restated Articles of Incorporation, for each share of Preferred Stock before any distribution or payment shall be made to the holders of any Common Stock, and if the assets of the Corporation shall be insufficient to pay in full such amounts, then the entire assets to be distributed to the Holders shall be ratably distributed among the Holders in accordance with the respective amounts that would be payable on such shares if all amounts payable thereon were paid in full. The Corporation shall mail written notice of any such Liquidation, not less than 45 days prior to the payment date stated therein, to each Holder.

#### Section 5. Conversion.

a) Conversions at Option of Holder. Each share of Preferred Stock shall be convertible, at any time and from time to time from and after the Original Issue Date at the option of the Holder thereof, into one share of Common Stock. Holders shall effect conversions by providing the Corporation with the form of conversion notice attached hereto as Annex A (a “Notice of Conversion”). Each Notice of Conversion shall specify the number of shares of Preferred Stock to be converted, the number of shares of Preferred Stock owned prior to the conversion at issue, the number of shares of Preferred Stock owned subsequent to the conversion at issue and the date on which such conversion is to be effected, which date may not be prior to the date the applicable Holder delivers such Notice of Conversion to the Corporation (such date, the “Conversion Date”). If no Conversion Date is specified in a Notice of Conversion, the Conversion Date shall be the date

that such Notice of Conversion to the Corporation is deemed delivered hereunder. The calculations and entries set forth in the Notice of Conversion shall control in the absence of manifest or mathematical error. To effect conversions of shares of Preferred Stock, a Holder shall not be required to surrender the certificate(s) representing the shares of Preferred Stock to the Corporation unless all of the shares of Preferred Stock represented thereby are so converted, in which case such Holder shall deliver the certificate representing such shares of Preferred Stock promptly following the Conversion Date at issue. Shares of Preferred Stock converted into Common Stock in accordance with the terms hereof shall be canceled and shall not be reissued.

b) Mechanics of Conversion.

i. Delivery of Conversion Shares Upon Conversion. Not later than ten (10) Business Days after each Conversion Date (the "Share Delivery Date"), the Corporation shall deliver, or cause to be delivered, to the converting Holder (A) the number of Conversion Shares being acquired upon the conversion of the Preferred Stock, and (B) a bank check in the amount of declared and unpaid dividends, if any.
ii. Reservation of Shares Issuable Upon Conversion. The Corporation covenants that it will at all times reserve and keep available out of its authorized and unissued shares of Common Stock for the sole purpose of issuance upon conversion of the Preferred Stock, free from preemptive rights or any other actual contingent purchase rights of Persons other than the Holders (and the other holders of the Preferred Stock), not less than such aggregate number of shares of the Common Stock as shall be issuable upon the conversion of the then outstanding shares of Preferred Stock. The Corporation covenants that all shares of Common Stock that shall be so issuable shall, upon issue, be duly authorized, validly issued, fully paid and nonassessable.
iii. Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of the Preferred Stock.
iv. Transfer Taxes and Expenses. The issuance of Conversion Shares on conversion of this Preferred Stock shall be made without charge to any Holder for any documentary stamp or similar taxes that may be payable in respect of the issue or delivery of such Conversion Shares, provided that the Corporation shall not be required to pay any tax that may be payable in respect of any transfer involved in the issuance and delivery of any such Conversion Shares upon conversion in a name other than that of the Holders of such shares of Preferred Stock and the Corporation shall not be required to issue or deliver such Conversion Shares unless or until the Person or Persons requesting the issuance thereof shall have paid to the Corporation the amount of such tax or shall have established to the satisfaction of the Corporation that such tax has been paid. The Corporation shall pay all Transfer Agent fees required for same-day processing of any Notice of Conversion and all fees to the Depository Trust Company (or another established clearing corporation performing similar functions) required for same-day electronic delivery of the Conversion Shares.

# ARTICLE V - BOARD OF DIRECTORS

The governing board of this Corporation shall be known as directors, and the number of directors may from time to time be increased or decreased in such manner as shall be provided by the Bylaws of this Corporation.

In furtherance and not in limitation of the powers conferred by statute, the Board of Directors is expressly authorized:

(a) To manage and govern the Corporation by majority vote of members present at any regular or special meeting at which a quorum shall be present unless the act of a greater number is required by the laws of the state of incorporation, these Amended and Restated Articles or the Bylaws of the corporation.

(b) To make, alter, or amend the Bylaws of the corporation at any regular or special meeting.

## ARTICLE VI - BYLAWS

Bylaws of this Corporation may be adopted by the Board of Directors, which shall also have the power to alter, amend or repeal the same from time to time as permitted under the WBCA.

## ARTICLE VII - CONFLICTS OF INTEREST

To the full extent contemplated by the WBCA, no contract or other transaction between this Corporation and any other corporation, entity or person shall be affected by the fact that a director or officer of this Corporation is interested in, or is a director or other officer of such other corporation. Any director or officer, individually or with others, may be a party to or may be interested in any transaction of this Corporation or any transaction in which this Corporation is interested. Each person who is now or may become a director or officer of this Corporation is hereby relieved from and indemnified against any liability that might otherwise obtain in the event such director or officer contracts with the Corporation for the benefit of such director, officer or any firm, association or corporation in which such director or officer may be interested in any way, provided such director or officer acts in good faith.

## ARTICLE VIII - INDEMIFICATION

The Corporation shall indemnify its officers, directors and shareholders to the fullest extent allowed under the WBCA.

## ARTICLE IX - INCORPORATOR

The original incorporator is Colin Breeze.

## ARTICLE X - REGISTERED AGENT

The name and the physical address of the Corporation's registered agent in the State of Wyoming are: Richard C. Slater, 7302 Yellowstone Rd., Cheyenne, Wyoming 82009.

## ARTICLE XI - PRINCIPAL ADDRESS

The mailing address and the physical address of the Corporation is: 7302 Yellowstone Rd., Cheyenne, Wyoming 82009.

[This space intentionally left blank]

# ANNEX A

## NOTICE OF CONVERSION

(TO BE EXECUTED BY THE REGISTERED HOLDER IN ORDER TO CONVERT SHARES OF PREFERRED STOCK)

The undersigned hereby elects to convert the number of shares of Series CF Preferred Stock indicated below into shares of common stock, par value $0.0001 per share (the 'Common Stock'), of Hermesus Investment Holdings, Inc., a Wyoming corporation (the 'Corporation'), according to the conditions hereof, as of the date written below. If shares of Common Stock are to be issued in the name of a Person other than the undersigned, the undersigned will pay all transfer taxes payable with respect thereto and is delivering herewith such certificates and opinions as may be reasonably required by the Corporation. No fee will be charged to the Holders for any conversion, except for any such transfer taxes.

Conversion calculations:

Date to Effect Conversion: _______________

Number of shares of Preferred Stock owned prior to Conversion: _______________

Number of shares of Preferred Stock to be Converted: _______________

Stated Value of shares of Preferred Stock to be Converted: _______________

Number of shares of Common Stock to be Issued: _______________

Applicable Conversion Price: _______________

Number of shares of Preferred Stock following Conversion: _______________

Address for Delivery: _______________

[HOLDER]

By: _______________

Name:

Title:

**Attachment 3:** `dsrformcexhibitb.pdf`

# DEEP SKY RESORTS INC.

# FINANCIAL STATEMENTS
AS OF INCEPTION (JANUARY 2, 2023)

(AUDITED)

(Expressed in United States Dollars)

# INDEX TO FINANCIAL STATEMENTS

(UNAUDITED)

|  | Page |
| --- | --- |
| INDEPENDENT AUDITOR'S REPORT | 1 |
| FINANCIAL STATEMENTS: |  |
| Balance Sheet | 2 |
| Statement of Operations | 3 |
| Statement of Changes in Stockholders' Equity | 4 |
| Statement of Cash Flows | 5 |
| Notes to Financial Statements | 6 |

# INDEPENDENT AUDITOR'S REPORT

To the Board of Directors
Deep Sky Resorts Inc.
Fort Lauderdale, Florida

# Opinion

We have audited the financial statements of Deep Sky Resorts Inc., which comprise the balance sheets as of Inception (January 2, 2023), and the related statements of operations, stockholders' equity, and cash flows as of Inception (January 2, 2023) and the related notes to the financial statements.

In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of Deep Sky Resorts Inc., as of Inception (January 2, 2023), and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.

# Basis for Opinion

We conducted our audits in accordance with auditing standards generally accepted in the United States of America (GAAS). Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of Deep Sky Resorts Inc., and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audits. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

# Responsibilities of Management for the Financial Statements

Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about Deep Sky Resorts Inc.'s ability to continue as a going concern as of Inception (January 2, 2023).

# Auditor's Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users made on the basis of these financial statements.

In performing an audit in accordance with GAAS, we:

- Exercise professional judgment and maintain professional skepticism throughout the audit.
- Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of Deep Sky Resorts Inc.'s internal control. Accordingly, no such opinion is expressed.

- 1 -

• Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
• Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about Deep Sky Resorts Inc.'s ability to continue as a going concern for a reasonable period of time. We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control-related matters that we identified during the audit.

# Going Concern

As discussed in Note 8, certain conditions indicate that the Company may be unable to continue as a going concern. The accompanying financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.

February 17, 2023
Los Angeles, California

- 2 -

# **DEEP SKY RESORTS INC.**

# **BALANCE SHEET**

| As of Inception | January 2, 2023 |
| --- | --- |
| (USD $ in Dollars) |  |
| ASSETS |  |
| Current Assets: |  |
| Cash & cash equivalents | $25 |
| Total current assets | 25 |
| Total assets | $25 |
| LIABILITIES AND STOCKHOLDERS' EQUITY |  |
| Total liabilities | - |
| STOCKHOLDERS EQUITY |  |
| Common Stock | - |
| Additional Paid in Capital | 25 |
| Retained earnings/(Accumulated Deficit) | - |
| Total stockholders' equity | 25 |
| Total liabilities and stockholders' equity | $25 |

- 2 -

# **DEEP SKY RESORTS INC.**  
 **STATEMENTS OF OPERATIONS**---

| As of Inception | January 2, 2023 |
| --- | --- |
| (USD $ in Dollars) |  |
| Net revenue | $ - |
| Cost of goods sold | - |
| Gross profit | - |
| Operating expenses |  |
| General and administrative | - |
| Sales and marketing | - |
| Total operating expenses | - |
| Operating income/(loss) | - |
| Interest expense | - |
| Other Loss/(Income) | - |
| Income/(Loss) before provision for income taxes | - |
| Provision/(Benefit) for income taxes | - |
| Net income/(Net Loss) | $ - |

*See accompanying notes to financial statements.*

---- 3 -

# **DEEP SKY RESORTS INC.**  
 **STATEMENTS OF CHANGES IN SHAREHOLDER' EQUITY**---

| (in , $US) | Common Stock |  | Additional Paid In Capital | Retained earnings/ (Accumulated Deficit) | Total Shareholders' Equity |
| --- | --- | --- | --- | --- | --- |
|  | Shares | Amount |  |  |  |
| Inception date January 2, 2023 | - |  |  |  |  |
| Capital Contribution | - | $ - | $25 |  | $25 |
| Net income/(loss) | - | - |  | $ - | - |
| Balance-January 2, 2023 | - | $ - | $25 | $ - | $25 |

*See accompanying notes to financial statements.*

---- 4 -

# **DEEP SKY RESORTS INC.**
**STATEMENTS OF CASH FLOWS**

| As of inception (USD $ in Dollars) | January 2, 2023 |
| --- | --- |
| CASH FLOW FROM OPERATING ACTIVITIES |  |
| Net income/(loss) | $ - |
| Net cash provided/(used) by operating activities | - |
| CASH FLOW FROM INVESTING ACTIVITIES |  |
| Purchases of Property and Equipment | - |
| Net cash provided/(used) in investing activities | - |
| CASH FLOW FROM FINANCING ACTIVITIES |  |
| Capital Contribution | 25 |
| Net cash provided/(used) by financing activities | 25 |
| Change in cash | 25 |
| Cash-beginning of year | - |
| Cash-end of year | $25 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION |  |
| Cash paid during the year for interest | $ - |
| Cash paid during the year for income taxes | $ - |
| OTHER NONCASH INVESTING AND FINANCING ACTIVITIES AND SUPPLEMENTAL DISCLOSURES |  |
| Purchase of property and equipment not yet paid for | $ - |
| Issuance of equity in return for note | $ - |
| Issuance of equity in return for accrued payroll and other liabilities | $ - |

*See accompanying notes to financial statements.*

- 5 -

# **DEEP SKY RESORTS INC.**  
**NOTES TO FINANCIAL STATEMENTS**  
**FOR YEAR ENDED TO JANUARY 2, 2023**---

## 1. NATURE OF OPERATIONS

Deep Sky Resorts Inc. was incorporated on January 2, 2023, in the state of Wyoming. The financial statements of Deep Sky Resorts Inc. (which may be referred to as the “Company”, “we”, “us”, or “our”) are prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The Company’s headquarters are located in Fort Lauderdale, Florida.

Deep Sky Resort offers varying accommodations for every taste and type of traveler. We also offer a wide range of activities on site: from individual meditation to group hikes and yoga. No need to take any equipment with you - Deep Sky has everything you’ll need. Our resort has different zones to let you determine how you would like to spend your visit - socializing with new friends in the common areas or enjoying the resort’s natural environment privately or with your traveling companions. Resort Location is at Landers, California.

## 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

### Basis of Presentation

The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (“US GAAP”). The Company has adopted a calendar year end of December 31, as its basis of reporting.

### Use of Estimates

The preparation of financial statements in conformity with United States GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

### Cash and Cash Equivalents

Cash and cash equivalents include all cash in banks. The Company’s cash is deposited in demand accounts at financial institutions that management believes are creditworthy. The Company’s cash and cash equivalents in bank deposit accounts, at times, may exceed federally insured limits. As of January 2, 2023, the Company’s cash and cash equivalents did not exceed FDIC insured limits.

### Income Taxes

The Company is a C corporation for income tax purposes. The Company accounts for income taxes under the liability method, and deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying values of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. A valuation allowance is provided on deferred tax assets if it is determined that it is more likely than not that the deferred tax asset will not be realized. The Company records interest, net of any applicable related income tax benefit, on potential income tax contingencies as a component of income tax expense. The Company records tax positions taken or expected to be taken in a tax return based upon the amount that is more likely than not to be realized or paid, including in connection with the resolution of any related appeals or other legal processes.

---- 6 -

# **DEEP SKY RESORTS INC.**  
**NOTES TO FINANCIAL STATEMENTS**  
**FOR YEAR ENDED TO JANUARY 2, 2023**---

Accordingly, the Company recognizes liabilities for certain unrecognized tax benefits based on the amounts that are more likely than not to be settled with the relevant taxing authority. The Company recognizes interest and/or penalties related to unrecognized tax benefits as a component of income tax expense.

# **Concentration of Credit Risk**

The Company maintains its cash with a major financial institution located in the United States of America which it believes to be creditworthy. Balances are insured by the Federal Deposit Insurance Corporation up to $250,000. At times, the Company may maintain balances in excess of the federally insured limits.

# **Revenue Recognition**

The Company is currently pre-revenue and will follow the provisions and the disclosure requirements described in ASU 2014-09 also referred to as Topic 606. Revenue recognition, according to Topic 606, is determined using the following steps: Recognition of revenue when, or how, a performance obligation is met: Revenues are recognized when or as control of the promised goods or services is transferred to customers.

Revenue recognition, according to Topic 606, is determined using the following steps:

1) Identification of the contract, or contracts, with the customer: the Company determines the existence of a contract with a customer when the contract is mutually approved; the rights of each party in relation to the services to be transferred can be identified, the payment terms for the services can be identified, the customer has the capacity and intention to pay and the contract has commercial substance.

2) Identification of performance obligations in the contract: performance obligations consist of a promised in a contract (written or oral) with a customer to transfer to the customer either a good or service (or a bundle of goods or services) that is distinct or a series of distinct goods or services that are substantially the same and that have the same pattern of transfer to the customer.

3) Recognition of revenue when, or how, a performance obligation is met: revenues are recognized when or as control of the promised goods or services is transferred to customers.

The Company earns revenues from offering varying accommodations to travelers.

# **Fair Value of Financial Instruments**

The carrying value of the Company's financial instruments included in current assets and current liabilities (such as cash and cash equivalents, restricted cash and cash equivalents, accounts receivable, accounts payable and accrued expenses approximate fair value due to the short-term nature of such instruments).

The inputs used to measure fair value are based on a hierarchy that prioritizes observable and unobservable inputs used in valuation techniques. These levels, in order of highest to lowest priority, are described below:

**Level 1**-Quoted prices (unadjusted) in active markets that are accessible at the measurement date for identical assets or liabilities.

**Level 2**-Observable prices that are based on inputs not quoted on active markets but corroborated by market data.

---- 7 -

# **DEEP SKY RESORTS INC.**  
**NOTES TO FINANCIAL STATEMENTS**  
**FOR YEAR ENDED TO JANUARY 2, 2023**---

*Level 3*-Unobservable inputs reflecting the Company’s assumptions, consistent with reasonably available assumptions made by other market participants. These valuations require significant judgment.

# **Subsequent Events**

The Company considers events or transactions that occur after the balance sheet date, but prior to the issuance of the financial statements to provide additional evidence relative to certain estimates or to identify matters that require additional disclosure. Subsequent events have been evaluated through February 17, 2023, which is the date the financial statements were issued.

# **Recently Issued and Adopted Accounting Pronouncements**

FASB issued ASU No. 2019-02, leases, that requires organizations that lease assets, referred to as “lessees”, to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases with lease terms of more than twelve months. ASU 2019-02 will also require disclosures to help investors and other financial statement users better understand the amount, timing, and uncertainty of cash flows arising from leases and will include qualitative and quantitative requirements. The new standard for nonpublic entities will be effective for fiscal years beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022, and early application is permitted. We are currently evaluating the effect that the updated standard will have on the financial statements and related disclosures.

The FASB issues ASUs to amend the authoritative literature in ASC. There have been a number of ASUs to date, including those above, that amend the original text of ASC. Management believes that those issued to date either (i) provide supplemental guidance, (ii) are technical corrections, (iii) are not applicable to us or (iv) are not expected to have a significant impact on our financial statements.

# **3. CAPITALIZATION AND EQUITY TRANSACTIONS**

# **Common Stock**

The Company is authorized to issue 1,500,000 shares of Common Shares at a par value of $0.0001. As of January 2, 2023, none of stock have been issued and are outstanding.

# **4. DEBT**

The company currently has no debt.

# **5. RELATED PARTY**

There are no related party transactions.

---- 8 -

# **DEEP SKY RESORTS INC.**  
**NOTES TO FINANCIAL STATEMENTS**  
**FOR YEAR ENDED TO JANUARY 2, 2023**---

## 6. COMMITMENTS AND CONTINGENCIES

### Contingencies

The Company's operations are subject to a variety of local and state regulation. Failure to comply with one or more of those regulations could result in fines, restrictions on its operations, or losses of permits that could result in the Company ceasing operations.

### Litigation and Claims

From time to time, the Company may be involved in litigation relating to claims arising out of operations in the normal course of business. As of January 2, 2023, there were no pending or threatened lawsuits that could reasonably be expected to have a material effect on the results of the Company's operations.

## 7. SUBSEQUENT EVENTS

The Company has evaluated subsequent events for the period from January 2, 2023 through February 17, 2023, which is the date the financial statements were available to be issued.

On January 26, 2023, the Company issued 500,000 shares of Common Stock at $0.0001 par value, to Tvoy Continent, LLC for a total purchase price of $50.

There have been no other events or transactions during this time which would have a material effect on these financial statements.

## 8. GOING CONCERN

The Company lacks significant working capital and has only recently commenced operations. The Company will incur significant additional costs before significant revenue is achieved. These matters raise substantial doubt about the Company's ability to continue as a going concern. During the next twelve months, the Company intends to fund its operations with funding from their proposed Regulation Crowdfunding campaign, and additional debt and/or equity financing as determined to be necessary. There are no assurances that management will be able to raise capital on terms acceptable to the Company. If the Company is unable to obtain sufficient amounts of additional capital, it may be required to reduce the scope of our planned development, which could harm the business, financial condition and operating results. The balance sheet and related financial statements do not include any adjustments that might result from these uncertainties.

---- 9 -

**Attachment 4:** `dsrformcexhibitc.pdf`

# DEEP SKY RESORT OFFERING PAGE

![img-0.jpeg](img-0.jpeg)

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM C

### UNDER THE SECURITIES ACT OF 1933

### Issuer Information

**Name of Issuer:** Deep Sky Resorts Inc.

**Legal Status:** Corporation

**Jurisdiction of Incorporation/Organization:** WY

**Date of Organization:** 01-02-2023

**Physical Address:** 7302 Yellowstone Rd, Cheyenne, WY, 82009

**Issuer Website:** deepskyresort.com

**Is there a Co-Issuer?:** No

**Intermediary Name:** JUMPSTART SECURITIES, LLC

**Intermediary CIK:** 0001509693

**Intermediary File Number:** 008-68773

**Intermediary CRD Number:** 000156214

### Offering Information

**Compensation to Intermediary:** Up to 2% of amount raised for a successful offering.

**Financial Interest in Issuer:** None

**Type of Security Offered:** Preferred Stock

**Number of Securities Offered:** 1000

**Price per Security:** $10.00

**Target Offering Amount:** $10,000.00

**Oversubscription Accepted:** Yes

**Oversubscription Allocation Type:** Other

**Description of Oversubscription:** Issuer's discretion and business judgment

**Maximum Offering Amount:** $5,000,000.00

**Deadline to Reach Target Amount:** 12-01-2023

### Annual Report Disclosure Requirements

**Current Number of Employees:** 2.00

**Total Assets (Most Recent Fiscal Year):** $0.00

**Total Assets (Prior Fiscal Year):** $0.00

**Cash & Cash Equivalents (Most Recent Fiscal Year):** $0.00

**Cash & Cash Equivalents (Prior Fiscal Year):** $0.00

**Accounts Receivable (Most Recent Fiscal Year):** $0.00

**Accounts Receivable (Prior Fiscal Year):** $0.00

**Short-Term Debt (Most Recent Fiscal Year):** $0.00

**Short-Term Debt (Prior Fiscal Year):** $0.00

**Long-Term Debt (Most Recent Fiscal Year):** $0.00

**Long-Term Debt (Prior Fiscal Year):** $0.00

**Revenues/Sales (Most Recent Fiscal Year):** $0.00

**Revenues/Sales (Prior Fiscal Year):** $0.00

**Cost of Goods Sold (Most Recent Fiscal Year):** $0.00

**Cost of Goods Sold (Prior Fiscal Year):** $0.00

**Taxes Paid (Most Recent Fiscal Year):** $0.00

**Taxes Paid (Prior Fiscal Year):** $0.00

**Net Income (Most Recent Fiscal Year):** $0.00

**Net Income (Prior Fiscal Year):** $0.00

**Jurisdictions Offered:**

ALABAMA, ALASKA, ARIZONA, ARKANSAS, CALIFORNIA, COLORADO, CONNECTICUT, DELAWARE, DISTRICT OF COLUMBIA, FLORIDA, GEORGIA, HAWAII, IDAHO, ILLINOIS, INDIANA, IOWA, KANSAS, KENTUCKY, LOUISIANA, MAINE, MARYLAND, MASSACHUSETTS, MICHIGAN, MINNESOTA, MISSISSIPPI, MISSOURI, MONTANA, NEBRASKA, NEVADA, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, NORTH CAROLINA, NORTH DAKOTA, OHIO, OKLAHOMA, OREGON, PENNSYLVANIA, PR, RHODE ISLAND, SOUTH CAROLINA, SOUTH DAKOTA, TENNESSEE, TEXAS, UTAH, VERMONT, VIRGINIA, WASHINGTON, WEST VIRGINIA, WISCONSIN, WYOMING, ALBERTA, BRITISH COLUMBIA, MANITOBA, NEW BRUNSWICK, NEWFOUNDLAND, NOVA SCOTIA, ONTARIO, PRINCE EDWARD ISLAND, QUEBEC, SASKATCHEWAN, YUKON TERRITORY, ISRAEL

### Signatures

**Issuer:** Deep Sky Resorts Inc.

**Signature:** /s/ Konstantin Grigoryev

**Title:** Principal Executive Officer and Director of the Issuer

---

**Signature:** /s/ Konstantin Grigoryev

**Title:** Principal Executive Officer and Director of the Issuer

**Date:** 02-17-2023