# EDGAR Filing Document

**Accession Number:** 0001855760
**File Stem:** 0001670254-23-000072
**Filing Date:** 2023-2
**Character Count:** 88324
**Document Hash:** b40662452e1c4aa8dc3ad2ec1f01a6d5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001670254-23-000072.hdr.sgml**: 20230203

**ACCESSION NUMBER**: 0001670254-23-000072

**CONFORMED SUBMISSION TYPE**: C-AR

**PUBLIC DOCUMENT COUNT**: 7

**CONFORMED PERIOD OF REPORT**: 20211231

**FILED AS OF DATE**: 20230203

**DATE AS OF CHANGE**: 20230203

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Stonks Trading, Inc.
- **CENTRAL INDEX KEY:** 0001855760
- **IRS NUMBER:** 861905874
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** C-AR
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 020-27981
- **FILM NUMBER:** 23587298

**BUSINESS ADDRESS:**
- **STREET 1:** 6321 WASHINGTON AVE
- **CITY:** WINDSOR HEIGHTS
- **STATE:** IA
- **ZIP:** 50324
- **BUSINESS PHONE:** 5106982462

**MAIL ADDRESS:**
- **STREET 1:** 6321 WASHINGTON AVE
- **CITY:** WINDSOR HEIGHTS
- **STATE:** IA
- **ZIP:** 50324

## Ex-99

### Attached PDF Documents

**Attachment 1:** `document_1.pdf`

# Annual Report

## Cover Page

Name of issuer:

Stonks Trading, Inc.

Legal status of issuer:

Form: Corporation

Jurisdiction of incorporation/Organization: DE

Date of organization: 2/3/2021

Physical address of issuer:

6321 Washington Ave

Windsor Heights IA 50324

Website of issuer:

https://www.brystonks.com/

Name of intermediary through which the offering will be conducted:

Wefunder Portal LLC

CM number of intermediary:

0001670254

SEC No number of intermediary:

007-00033

CRD number, if applicable, of intermediary:

283503

Current number of employees:

6

|  | Most recent fiscal year-end: | Prior fiscal year-end: |
| --- | --- | --- |
| Total Assets: | $92,284.00 | $0.00 |
| Cash & Cash Equivalents: | $89,573.00 | $0.00 |
| Accounts Receivable: | $0.00 | $0.00 |
| Short-term Debt: | $7,802.00 | $0.00 |
| Long-term Debt: | $253,664.00 | $0.00 |
| Revenues/Sales: | $12,741.00 | $0.00 |
| Cost of Goods Sold: | $31,466.00 | $0.00 |
| Taxes Paid: | $0.00 | $0.00 |
| Net Income: | ($352,471.00) | $0.00 |

Select the jurisdictions in which the issuer intends to offer the securities:

AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY, BS, GU, PR, VI, IV

## Offering Statement

Respond to each question in each paragraph of this part. Set forth each question and any notes, but not any instructions thereto, to their entirety. If disclosure in response to any question is responsive to one or more other questions, it is not necessary to repeat the disclosure. If a question or series of questions is inapplicable or the response is available elsewhere in the Form, either state that it is inapplicable, include a cross-reference to the responsive disclosure, or omit the question or series of questions.

Be very careful and precise in answering all questions. Give full and complete answers so that they are not misleading under the circumstances involved. Do not discuss any future performance or other anticipated event unless you have a reasonable basis to believe that it will actually occur within the foreseeable future. If any answer requiring significant information is materially inaccurate, incomplete or misleading, the Company, its management and principal shareholders may be liable to investors based on that information.

### THE COMPANY

1. Name of issuer:

Stonks Trading, Inc.

3. Has the issuer or any of its predecessors previously failed to comply with the ongoing reporting requirements of Rule 202 of Regulation Crowdfunding?

☐ Yes ☑ No

### DIRECTORS OF THE COMPANY

4. Provide the following information about each director (and any persons occupying a similar status or performing a similar function) of the issuer:

Director

Principal Occupation Main Employer

Year Joined as Director

Anthony Hughes

CEO

Stonks Trading,

Inc.

2021

For three years of business experience, refer to Appendix D: Director & Officer Work History.

## OFFICERS OF THE COMPANY

5. Provide the following information about each officer (and any persons occupying a similar status or performing a similar function) of the issuer.

| Officer | Positions Held | Year Joined |
| --- | --- | --- |
| Anthony Hughes | CEO | 2021 |
| Anthony Hughes | Treasurer | 2021 |
| Anthony Hughes | Secretary | 2021 |

For three years of business experience, refer to Appendix D: Director & Officer Work History.

INSTRUCTION REQUESTION 5. For purposes of this Question 5, the term officer means a president, vice president, secretary, treasurer or principal financial officer, competitor or principal accounting officer, and any person that contracts performing similar functions.

## PRINCIPAL SECURITY HOLDERS

6. Provide the name and ownership level of each person, as of the most recent practicable date, 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 |
| --- | --- | --- |
| Anthony Hughes | 50000010 Common Shares | 71.4 |

INSTRUCTION REQUESTION 6. The above information must be provided as of a date that is not more than 120 days prior to the date of filing of this offering statement.

To calculate total voting power, include all securities for which the person directly or indirectly has or shares the voting power, which includes the power to was or to direct the voting of such securities. If the person has the right to acquire voting power of such securities within 90 days, including through the exercise of any option, contract or right, the conversion of a security, or other arrangement, or if securities are held by a member of the family, through corporations or partnerships, or otherwise in a manner that would allow a person to direct or control the voting of the securities (or those in such direction or control - i.e. for example, a co-owner) they should be included as being "beneficially owned." You should include an explanation of these circumstances in a footnote to the "Number of and Class of Securities Now Held." To calculate outstanding voting equity securities, assume all outstanding options are exercised and all outstanding convertible securities converted.

## BUSINESS AND ANTICIPATED BUSINESS PLAN

7. Describe in detail the business of the issuer and the anticipated business plan of the issuer.

For a description of our business and our business plan, please refer to the attached Appendix A, Business Description & Plan

INSTRUCTION REQUESTION 7. Wifender will provide your company's Wifender profile as an appendix (Appendix A) to the 6 item C in POP format. The submission will include all field items and "total items" listed in an uncollapsed format. All values will be transmitted.

This means that any information provided in your Wifender profile will be provided to the SEC or response to this question. As a result, your company will be personally liable for measurements and omissions in your profile under the Securities Act of 1933, which requires you to provide material information related to your business and anticipated business plans. Please review your Wifender profile carefully to ensure it provides all material information, is not false or misleading, and does not omit any information that would cause the information included to be false or misleading.

## RISK FACTORS

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.

8. Discuss the material factors that make an investment in the issuer speculative or risky.

Although our goal is to be a public company there are many challenges and hurdles that stand in our way. Please note, there is no guarantee that we will ever be a public company.

Investing in a startup presents many risks. Although we would love to be a very successful/cash generative company, please know there is a risk that the company could fail.

Future projections of success are for illustrative purposes only and do not constituent a guarantee of future success/profit.

All investments could result in a total loss of investment. If you have any reservations of investing you should hold off and ask the company for more information.

Although there are several thousand users on the waitlist, please note, that is not an accurate representation of future customer revenue and may result in 0 customer conversion.

Although previous assumptions of 100k+ users have been presented in the company roadmap, realize these are projections only and do not represent any guarantees.

COVID-19 can materially impact our business.

It is unclear how long the COVID-19 pandemic will last and to what degree it could hurt our ability to generate revenues.

Our future success depends on the efforts of a small management team. The loss of services of the members of the management team may have an adverse effect on the company. There can be no assurance that we will be successful in attracting and retaining other personnel we require to successfully grow our business.

INSTRUCTION REQUESTION 9. Avoid generalized statements and include only those factors that are unique to the issuer. Discussion should be tailored to the issuer's business and the offering and should not repeat the factors addressed in the legends or both above. No specific number of risk factors is required to be identified.

Ownership and Capital Structure

# Ownership and Capital Structure

## DESCRIPTION OF ISSUER'S SECURITIES

17. What other securities or classes of securities of the issuer are outstanding? Describe the material terms of any other outstanding securities or classes of securities of the issuer.

| Class of Security | Securities (or Amount) Authorized | Securities (or Amount) Outstanding | Voting Rights |
| --- | --- | --- | --- |
| Common | 10,000,000 | 5,000,001 | Yes |

## Securities Reserved for Issuance upon Exercise or Conversion

Warrants: \_\_\_\_\_

Options: \_\_\_\_\_

24. Describe the material terms of any indebtedness of the issuer:

| Convertible Note |  |
| --- | --- |
| Issue date | 03/15/22 |
| Amount | $369,276.00 |
| Interest rate | 7.0% per annum |
| Discount rate | 0.0% |

Valuation caps ranging from $10M-$25M and maturity dates ranging from 24-36 months after issuance.

$276.07K in convertible notes raised in a prior Wefunder round. The notes were sold between May and August 2021, with maturity dates between May and August 2023.

INSTRUCTION IN QUESTION 24: name the creditor, amount owed, interest rate, maturity date, and any other material terms.

25. What other exempt offerings has the issuer conducted within the past three years?

| Offering Date | Exemption | Security Type | Amount Sold | Use of Proceeds |
| --- | --- | --- | --- | --- |
| 9/2021 | Section 4(a)(2) |  | $10,000 | General operations |
| 11/2021 | Regulation D. Rule 508(b) | Common stock | $83,837 | General operations |
| 3/2022 | Regulation Crowdfunding | Convertible Note | $369,276 | General operations |

26. Was or is the issuer or any entities controlled by or under common control with the issuer a party to any 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. 1. any director or officer of the issuer;
2. 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. 3. if the issuer was incorporated or organized within the past three years, any promoter of the issuer;
4. 4. or (4) any immediate family member of any of the foregoing persons.

Yes  
  No

For each transaction specify the person, relationship to issuer, nature of interest in transaction, and amount of interest.

| Name | Anthony Hughes |
| --- | --- |
| Amount Invested | $10,000.00 |
| Transaction type | Other |
| Issue date | 09/30/21 |
| Relationship | CEO |

Owner's contribution

INSTRUCTIONS IN QUESTION 26: The term transaction includes, but is not limited to, any financial transaction, arrangement or relationship (including any indebtedness or guarantee of indebtedness) or any series of similar transactions, arrangements or relationships.

Beneficial ownership for purposes of paragraph (2) shall be determined as of a date that is no more than 12th days prior to the date of filing of this offering pursuant and using the same calculation described in Question 6 of this Question and Answer format.

The term 'number of the family' includes any child, daughter, grandchild, parent, acquaintance, grandparent, spouse or spousal equivalent, sibling, mother-in-law, father-in-law, and/or her daughter-in-law. Neither in-law, or either in-law of the person, and includes adequate relationships. The term 'spread equivalent' means a substitute occupying a relationship generally equivalent to that of a spouse.

Compare the amount of a related party's interest to any transaction without regard to the amount of the profit or loss involved in the transaction. Where it is not practicable to meet the approximate amount of the interest, disclose the approximate amount involved in the transaction.

## FINANCIAL CONDITION OF THE ISSUER

27. Does the issuer have an operating history?

Yes  
  No

28. Describe the financial condition of the issuer, including, to the extent material, liquidity, capital resources and historical results of operations.

#### **Management's Discussion and Analysis of Financial Condition and Results of Operations**

You should read the following discussion and analysis of our financial condition and results of operations together with our financial statements and the related notes and other financial information included elsewhere in this offering. Some of the information contained in this discussion and analysis, including information regarding the strategy and plans for our business, includes forward-looking statements that involve risks and uncertainties. You should review the 'Risk Factors' section for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in the following discussion and analysis.

#### **Overview**

The Future of Banking Starts with People!

We started People Finance because through Fraud, Waste, and Abuse, financial institutions such as banks, fintechs, and crypto companies have eroded the trust of their customers over the last several years.

People Finance is a Financial Technology company building products that not only offer the best rates on banking products for our customers but full 24-hour access and transparency of customer funds with no exposure to volatility.

In 5 years People Finance hopes to have a Federal Banking Charter with 5M customers and a balance sheet of $20b+. Forward-looking projections cannot be guaranteed.

#### **Milestones**

Storks Trading, Inc. was incorporated in the State of Delaware in February 2021.

Since then, we have:

- • A member-owned neo-bank and investment platform FDIC insured banking products
- • 6% high-yield Savings Accounts with no exposure to crypto or stocks
- • 0% to Low APR Credit Cards for our members
- • 1,000+ limited beta users, plus, 12,000+ on our waitlist for banking services.
- • Banking + Transparency is our game.
- • Our goal is to have 25k member-owners with \$5m in APR by EOY 2023 (not guaranteed)
- • The Company is subject to risks and uncertainties common to early-stage companies. Given the Company's limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future.

#### **Historical Results of Operations**

Our company was organized in February 2021 and has limited operations upon which prospective investors may base an evaluation of its performance.

- *Revenues & Gross Margin.* For the period ended December 31, 2021, the Company had revenues of $12.74.

- *Assets.* As of December 31, 2021, the Company had total assets of $92,284, including $99,573 in cash.

- *Net Loss.* The Company has had net losses of $352,471 for the fiscal year ended December 31, 2021.

- *Liabilities.* The Company's liabilities totaled $261,466 for the fiscal year ended December 31, 2021.

#### **Related Party Transaction**

Refer to Question 26 of this Form C for disclosure of all related party transactions.

#### **Liquidity & Capital Resources**

To-date, we have been financed with $369,278 in convertible notes, $83,837 in equity, and $10,000 in founder-contributed capital.

After the conclusion of this Offering, should we hit our minimum funding target, our projected runway is 13 months before we need to raise further capital.

We plan to use the proceeds as set forth in this Form C under 'Use of Funds'. We don't have any other sources of capital in the immediate future.

We will likely require additional financing in excess of the proceeds from the Offering in order to perform operations over the lifetime of the Company. We plan to raise capital in 6 months. Except as otherwise described in this Form C, we do not have additional sources of capital other than the proceeds from the offering. Because of the complexities and uncertainties in establishing a new business strategy, it is not possible to adequately project whether the proceeds of this offering will be sufficient to enable us to implement our strategy. This complexity and uncertainty will be increased if less than the maximum amount of securities offered in this offering is sold. The Company intends to raise additional capital in the future from investors. Although capital may be available for early-stage companies, there is no guarantee that the Company will receive any investments from investors.

#### **Runway & Short/Mid Term Expenses**

Storks Trading, Inc. cash in hand is $74,000, as of February 2023. Over the last three months, revenues have averaged $2,000/month, cost of goods sold has averaged $0/month, and operational expenses have averaged $15,000/month, for an average burn rate of $13,000 per month. Our intent is to be profitable in 12 months.

We have significantly reduced our burn rate since the last date that our financials have covered. Due to market conditions, we've pivoted away from crypto trading to primary neo-banking products.

We need $1m to be generating revenue in the next 6 months. By hitting this goal we will be cash-flow positive. We expect to have $25K - $100K in expenses in the

next 6 months.

We are not profitable. In order to get profitable we will need to invest $250k in marketing or to hit $100k in MRR (monthly recurring revenue). We estimate we can reach profitability in 12 months.

We make money through selling a premium subscription. However, we have enough capital to cover our short-term burn while we raise capital. Otherwise, we do not have other sources of capital to rely on.

All projections in the above narrative are forward-looking and not guaranteed.

INSTRUCTIONS TO QUESTION 29. The discussion must cover each year for which financial statements are provided. For issuers with no prior operating history, the discussion should focus on financial milestones and operational, liquidity and other challenges. For issuers with an operating history, the discussion should focus on whether historical results and cash flows are representative of what investors should expect in the future. Take into account the proceeds of the offering and any other known or pending sources of capital. Discuss how the proceeds from the offering will affect liquidity, whether receiving these funds and any other additional funds is necessary to the inability of the investors, and how quickly the issuer anticipates using its available cash. Describe the other available sources of capital to the business, such as those of which are required contributions by shareholders. References to the issuer in this Question 29 and these instructions refer to the issuer and its predecessors, if any.

## FINANCIAL INFORMATION

29. Include financial statements covering the two most recently completed fiscal years or the periodic since inception, if shorter.

Refer to Appendix C, Financial Statements

1. Anthony Hughes, certify that:

(1) the financial statements of Stonks Trading, Inc. included in this Form are true and complete in all material respects; and

(2) the financial information of Stonks Trading, Inc. included in this Form reflects accurately the information reported on the tax return for Stonks Trading, Inc. filed for the most recently completed fiscal year.

Anthony Hughes
CEO

## OTHER MATERIAL INFORMATION

31. In addition to the information expressly required to be included in this Form, include:

(1) any other material information presented to investors; and

(2) such further material information, if any, as may be necessary to make the required statements, in the light of the circumstances under which they are made, not misleading.

The Lead Investor. As described above, each investor that has entered into the Investor Agreement will grant a power of attorney to make voting decisions on behalf of that Investor to the Lead Investor (the "Proxy"). The Proxy is irrevocable unless and until a Successor Lead Investor takes the place of the Lead Investor, in which case, the Investor has a five (5) calendar day period to revoke the Proxy. Pursuant to the Proxy, the Lead Investor or his or her successor will make voting decisions and take any other actions in connection with the voting on Investors' behalf.

The Lead Investor is an experienced investor that is chosen to act in the role of Lead Investor on behalf of Investors that have a Proxy in effect. The Lead Investor will be chosen by the Company and approved by Wefunder Inc. and the identity of the initial Lead Investor will be disclosed to Investors before Investors make a final investment decision to purchase the securities related to the Company.

The Lead Investor can quit at any time or can be removed by Wefunder Inc. for cause or pursuant to a vote of Investors as detailed in the Lead Investor Agreement. In the event the Lead Investor quits or is removed, the Company will choose a Successor Lead Investor who must be approved by Wefunder Inc. The identity of the Successor Lead Investor will be disclosed to Investors, and those that have a Proxy in effect can choose to either leave such Proxy in place or revoke such Proxy during a 5-day period beginning with notice of the replacement of the Lead Investor.

The Lead Investor will not receive any compensation for his or her services to the SPV. The Lead Investor may receive compensation if, in the future, Wefunder Advisors LLC forms a fund ("Fund") for accredited investors for the purpose of investing in a non-Regulation Crowdfunding offering of the Company. In such as circumstance, the Lead Investor may act as a portfolio manager for that Fund (and as a supervised person of Wefunder Advisors) and may be compensated through that role.

Although the Lead Investor may act in multiple roles with respect to the Company's offerings and may potentially be compensated for some of its services, the Lead Investor's goal is to maximize the value of the Company and therefore maximize the value of securities issued by or related to the Company. As a result, the Lead Investor's interests should always be aligned with those of Investors. It is, however, possible that in some limited circumstances the Lead Investor's interests could diverge from the interests of Investors, as discussed in section 8 above.

Investors that wish to purchase securities related to the Company through Wefunder Portal must agree to give the Proxy described above to the Lead Investor, provided that if the Lead Investor is replaced, the Investor will have a 5-day period during which he or she may revoke the Proxy. If the Proxy is not revoked during this 5-day period, it will remain in effect.

Tax Filings. In order to complete necessary tax filings, the SPV is required to include information about each investor who holds an interest in the SPV, including each investor's taxpayer identification number ("TIN") (e.g., social security number or employer identification number). To the extent they have not already done so, each investor will be required to provide their TIN within the earlier of (i) two (2) years of making their investment or (ii) twenty (20) days prior to the date of any distribution from the SPV. If an investor does not provide their TIN within this time, the SPV reserves the right to withhold from any

proceeds otherwise payable to the Investor an amount necessary for the SPV to satisfy its tax withholding obligations as well as the SPV's reasonable estimation of any penalties that may be charged by the IRS or other relevant authority as a result of the investor's failure to provide their TIN. Investors should carefully review the terms of the SPV Subscription Agreement for additional information about tax filings.

INVESTOR FINANCIALS (II) (a) Information is presented in the form of a financial instrument, and (b) is also included in the form of a financial instrument, and (c) is also included in the form of a financial instrument, and (d) is also included in the form of a financial instrument, and (e) is also included in the form of a financial instrument, and (f) is also included in the form of a financial instrument, and (g) is also included in the form of a financial instrument, and (h) is also included in the form of a financial instrument, and (i) is also included in the form of a financial instrument, and (j) is also included in the form of a financial instrument, and (k) is also included in the form of a financial instrument, and (l) is also included in the form of a financial instrument, and (m) is also included in the form of a financial instrument, and (n) is also included in the form of a financial instrument, and (o) is also included in the form of a financial instrument, and (p) is also included in the form of a financial instrument, and (q) is also included in the form of a financial instrument, and (r) is also included in the form of a financial instrument, and (s) is also included in the form of a financial instrument, and (t) is also included in the form of a financial instrument, and (u) is also included in the form of a financial instrument, and (v) is also included in the form of a financial instrument, and (w) is also included in the form of a financial instrument, and (x) is also included in the form of a financial instrument, and (y) is also included in the form of a financial instrument, and (z) is also included in the form of a financial instrument, and (w) is also included in the form of a financial instrument, and (x) is also included in the form of a financial instrument, and (y) is also included in the form of a financial instrument, and (z) is also included in the form of a financial instrument, and (w) is also included in the form of a financial instrument

## ONGOING REPORTING

32. 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 after the end of each fiscal year covered by the report.

33. Once posted, the annual report may be found on the issuer's website at:

https://www.trystonks.com//invest

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

1. the issuer is required to file reports under Exchange Act Sections 13(a) or 15(d);
2. the issuer has filed at least one annual report and has fewer than 300 holders of record;
3. the issuer has filed at least three annual reports and has total assets that do not exceed $10 million;
4. the issuer or another party purchases or repurchases all of the securities issued pursuant to Section 4(a)(6), including any payment in full of debt securities or any complete redemption of redeemable securities; or the issuer liquidates or dissolves in accordance with state law.

## APPENDICES

Appendix A: Business Description & Plan

Appendix C: Financial Statements

Financials 1

Appendix D: Director & Officer Work History

Anthony Hughes

Appendix E: Supporting Documents

Add new Form C attachment (admin only)

## Signatures

Intentional misstatements or omissions of facts constitute federal criminal violations. See 18 U.S.C. 1001.

The following documents will be filed with the SEC:

Cover Page XML

Offering Statement (this page)

Appendix A: Business Description & Plan

Appendix B: Investor Contracts

SPV Subscription Agreement - Early Bird

Early Bird Cooley Go Convertible Note

SPV Subscription Agreement

Cooley Go Convertible Note

Appendix C: Financial Statements

Financials 1

Appendix D: Director & Officer Work History

Anthony Hughes

Appendix E: Supporting Documents

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100 et seq.), the issuer certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Annual Report and has duly caused this Form to be signed on its behalf by the duly authorized undersigned.

Stonks Trading, Inc.

By

Anthony Hughes

CEO

Pursuant to the requirements of Sections 4(c)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100 et seq.), this Annual Report and Transfer Agent Agreement has been signed by the following persons in the capacities and on the dates indicated.

*Anthony Hughes*

CEO 2/3/2023

*The Annual Report must be signed by the issuer, its principal executive officer or officers, its principal financial officer, its committee or principal accounting officer and at least a majority of the board of directors or persons performing similar functions.*

I authorize Wefunder Portal to submit a Annual Report to the SEC based on the information I provided through this online form and my company’s Wefunder profile.

As an authorized representative of the company, I appoint Wefunder Portal as the company’s true and lawful representative and attorney-in-fact, in the company’s name, place and stead to make, execute, sign, acknowledge, swear to and file a Annual Report on the company’s behalf. This power of attorney is coupled with an interest and is irrevocable. The company hereby waives any and all defenses that may be available to contest, negate or disaffirm the actions of Wefunder Portal taken in good faith under or in reliance upon this power of attorney.

**Attachment 2:** `document_2.pdf`

# PEOPLE FINANCE

*Dear investors,*

Dear investors,

It has been an exciting year for our company, which underwent a significant change in 2022 with the rebranding of our company from Shanks Trading to People Finance. This change reflects our commitment to building financial products that truly benefit people, and we believe that the new name embodies our mission and values.

One of the highlights of the year was the launch of our trading web application, which has been well-received by our customers and has contributed significantly to our growth. We continue to see strong user adoption and engagement, and we are confident that this product will continue to be a key growth driver for our company.

In addition to our trading app, we are excited to announce that we continue to see growth in our waitlist for banking products. This demonstrates the demand for our products and the confidence that our customers have in our ability to deliver high-quality financial solutions.

Looking ahead to 2023, we have an ambitious roadmap that includes the launch of several new products and features. In the coming year, we plan to introduce checking accounts and debit cards in late Q1, and we will also be launching other consumer lending products.

To support these efforts, we will be launching our final raise on Wefander for approximately $500,000, and we believe that this funding will help us to achieve our goal of acquiring 25,000 users by summer 2023. We are excited about the opportunity to bring our innovative financial products to even more customers and to continue expanding our product offerings in the coming year.

We are cognizant of the current financial landscape and have taken steps to significantly reduce our burn in order to make sure that we are well-positioned to launch our ambitious roadmap in 2023 and take advantage of over-bloated competition. We believe that this approach will help us to achieve long-term sustainability and success.

Overall, we are proud of the progress we have made in 2022 and are excited about the opportunities that lie ahead. We believe that our strong product portfolio and growing customer base position as well for continued success in the coming year.

Thank you for your continued support, and we look forward to updating you on our progress in the future.

Best,

Anthony Hughes

CEO | People Finance

## We need your help!

We need help in 3 major areas as we approach 2023:

We need help getting the word out for our high-yield savings account coming in Q1. If we all pitch in and help get the word out than this will significantly reduce our marketing budget! Second, please sign-up for an account so that we can grow our daily active users and boost our numbers heading into the new year. Finally, join our weekly AMAs and get involved in the community!

*Sincerely,*

# Our Mission

In 5 years People Finance will have a Federal Banking Charter 5M customers with a balance sheet of $200+

See our full profile

## How did we do this year?

### Report Card

#### The Good

With Application went live with continued user adoption.

Stabilized our backend infrastructure.

Significantly reduced our burn.

#### The Bad

Slow down in development due to reduced burn.

Trading volume dipped due to market conditions.

Slow to set our Android app launched.

### 2021 At a Glance

February 4 to December 31

$0
Revenue

$0
Net Profit

$0
Short Term Debt

$368,907
Raised in 2021

$100,000
Cost on Hand
As of 03/31/21

## We ♥ Our
310 Investors

### Thank You For Believing In Us

| April Symons | Steven Howard | Alexander Charles Hird | Kyle Oliver | Ty Hines | Eric Iacob | Samantha Youngman |
| --- | --- | --- | --- | --- | --- | --- |
| Jason Bouscarin | John Lyon | Travis Isakyan | Gregory Crosby | Frank D. Egan PhD | Robert E. Egan PhD | W. Robert Kahn |
| Robert Kirby | Frank Dwayne | Robert Hatham | Virgil M. M. M. M. M. | Brendan S. S. S. S. | Joe S. S. S. | Joseph S. S. S. |
| Brad Bender | Isabel Kurek | Ernie Shabala | Michael K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. | Alexander Charles Hird | Robert Kirby | Michael K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. |
| Samuel Power | Carlo E. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. | Jameson K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K | Bridgestone K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. | Bridgestone K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. | Bridgestone K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. | Bridgestone K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. |
| Harley Hill | Jameson K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. | Jameson K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K | Bridgestone K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. | Bridgestone K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. | Bridgestone K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K | Bridgestone K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K |

| Mark A. Hogan | James H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. | Robert L. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. | Eric H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. | Robert H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. | Robert H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H |  |
| --- | --- | --- | --- | --- | --- | --- |
| Michael M. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H | Michael M. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H | Michael M. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H |  |  |  |  |

# Thank You!

# From the People Finance Team

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

Anthony Hughes

CEO

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

Carsten Carlsen

Chief of Staff

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

Sina Ghazi

VP of Product

Former CEO of NKS Technology and Product Manager at the panel where he led the edition of an VP3 Building Platform and created real-time business analytical reports for a division of 5 millions active customers.

C

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

Niko Hughes

Strategic Growth Advisor

Prior to Stents Trading Corporation's
Browningford Ave. changes to Time in
1988. Revenue Description: a Time
Disposition expert who's helped 10+ such
companies reach acquisitions, venture
models and/or profitability. Boards
Member KATHAKKA. Co. to my Office

C

# Details

The Board of Directors

| DIRECTOR | OCCUPATION | JUNIOR |
| --- | --- | --- |
| Anthony Hughes | CEO @ Stonks Trading, Inc. | 2021 |

Officers

| INDUSTRY | TITLE | JUNIOR |
| --- | --- | --- |
| Anthony Hughes | CEO Treasurer Secretary | 2021 |

Voting Power

| HOUSE | SECURITIES HELD | VOTING POWER |
| --- | --- | --- |
| Anthony Hughes | 5,000,001 Common Shares | 50.0% |

Past Equity Fundraises

| DATE | AMOUNT | SECURITY | DESCRIPTION |
| --- | --- | --- | --- |
| 06/2021 | $275,070 |  | 4(a)(6) |
| 10/2021 | $10,000 |  | Section 4(a)(2) |
| 11/2021 | $83,837 | Common Stock | Regulation D, Rule 506(b) |
| 03/2022 | $93,208 |  | 4(a)(6) |

The use of proceeds to be fixed general operations.

## Outstanding Debits

None.

## Related Party Transactions

None.

## Capital Structure

| CLASS OF SECURITY | SECURITIES FOR AMOUNT ALPHANUMS | SECURITIES FOR AMOUNT OUTSTANDING | NOTING RIGHTS |
| --- | --- | --- | --- |
| Common | 10,000,000 | 5,000,001 | Yes |

|  | SECURITIES RECEIVED FOR BELARGE UPON EXERCISE OR CONVERSION |
| --- | --- |
| Warrants: | 0 |
| Options: | 0 |

## Risks

COVID-19 can materially impact our business. It is unclear how long the COVID-19 pandemic will last and to what degree it could hurt our ability to generate revenues.

Although previous assumptions of 100k+ users have been presented in the company roadmap, realize these are projections only and do not represent any guarantees.

Although there are several thousand users on the waitlist, please note, that is not an accurate representation of future customer revenue and may result in 0 customer conversion.

All investments could result in a total loss of investment. If you have any reservations of investing you should hold off and ask the company for more information.

Future projections of success are for illustrative purposes only and do not constituent a guarantee of future success/profit.

Investing in a startup presents many risks. Although we would love to be a very successful/cash generative company, please know there is a risk that the company could fail.

Our future success depends on the efforts of a small management team. The loss of services of the members of the management team may have an adverse effect on the company. There can be no assurance that we will be successful in attracting and retaining other personnel we require to successfully grow our business.

Although our goal is to be a public company there are many challenges and hurdles that stand in our way. Please note, there is no guarantee that we will ever be a public company.

## Description of Securities for Prior Reg CF Raise

**Additional issuances of securities.** Following the Investor's investment in the Company, the Company may sell interests to additional investors, which will dilute the percentage interest of the Investor in the Company. The Investor may have the opportunity to increase its investment in the Company in such a transaction, but such opportunity cannot be assured. The amount of additional financing needed by the Company, if any, will depend upon the maturity and objectives of the Company. The declining of an opportunity or the inability of the Investor to make a follow-on investment, or the lack of an opportunity to make such a follow-on investment, may result in substantial dilution of the Investor's interest in the Company.

**Issuer repurchases of securities.** The Company may have authority to repurchase its securities from shareholders, which may serve to decrease any liquidity in the market for such securities, decrease the percentage interests held by other similarly situated investors to the Investor, and create pressure on the Investor to sell its securities to the Company concurrently.

**A sale of the issuer or of assets of the issuer.** As a minority owner of the Company, the Investor will have limited or no ability to influence a potential sale of the Company or a substantial portion of its assets. Thus, the Investor will rely upon the executive management of the Company and the Board of Directors of the Company to manage the Company so as to maximize value for shareholders. Accordingly, the success of the Investor's investment in the Company will depend in large part upon the skill and expertise of the executive management of the Company and the Board of Directors of the Company. If the Board Of Directors of the Company authorizes a sale of all or a part of the Company, or a disposition of a substantial portion of the Company's assets, there can be no guarantee that the value received by the Investor, together with the fair market estimate of the value remaining in the Company, will be equal to or exceed the value of the Investor's initial investment in the Company.

**Transactions with related parties.** The Investor should be aware that there will be occasions when the Company may encounter potential conflicts of interest in its operations. On any issue involving conflicts of interest, the executive management and Board of Directors of the Company will be guided by their good faith judgement as to the Company's best interests. The Company may engage in transactions with affiliates, subsidiaries or other related parties, which may be on terms which are not arm's-length, but will be in all cases consistent with the duties of the management of the Company to its shareholders. By acquiring an interest in the Company, the Investor will be deemed to have acknowledged the existence of any such actual or potential conflicts of interest and to have waived any claim with respect to any liability arising from the existence of any such conflict of interest.

## Minority Ownership

An investor in the Company will likely hold a minority position in the Company, and thus be limited as to its ability to control or influence the governance and operations of the Company.

The marketability and value of the Investor's interest in the Company will depend upon many factors outside the control of the investor. The Company will be managed by its officers and be governed in accordance with the strategic direction and decision-making of its Board Of Directors, and the investor will have no independent right to name or remove an officer or member of the Board Of Directors of the Company.

Following the Investor's investment in the Company, the Company may sell interests to additional investors, which will dilute the percentage interest of the Investor in the Company. The Investor may have the opportunity to increase its investment in the Company in such a transaction, but such opportunity cannot be assured.

The amount of additional financing needed by the Company, if any, will depend upon the maturity and objectives of the Company. The declining of an opportunity or the inability of the investor to make a follow-on investment, or the lack of an opportunity to make such a follow-on investment, may result in substantial dilution of the investor's interest in the Company.

#### Exercise of Rights Held by Principal Shareholders

As holders of a majority-in-interest of voting rights in the Company, the shareholders may make decisions with which the investor disagrees, or that negatively affect the value of the investor's securities in the Company, and the investor will have no recourse to change these decisions. The investor's interests may conflict with those of other investors, and there is no guarantee that the Company will develop in a way that is optimal for or advantageous to the investor. For example, the shareholders may change the terms of the articles of incorporation for the company, change the terms of securities issued by the Company, change the management of the Company, and even force out minority holders of securities. The shareholders may make changes that affect the tax treatment of the Company in ways that are unfavorable to you but favorable to them. They may also vote to engage in new offerings and/or to register certain of the Company's securities in a way that negatively affects the value of the securities the investor owns. Other holders of securities of the Company may also have access to more information than the investor, leaving the investor at a disadvantage with respect to any decisions regarding the securities he or she owns. The shareholders have the right to redeem their securities at any time. Shareholders could decide to force the Company to redeem their securities at a time that is not favorable to the investor and is damaging to the Company. Investors' exit may affect the value of the Company and/or its viability. In cases where the rights of holders of convertible debt, SAFES, or other outstanding options or warrants are exercised, or if new awards are granted under our equity compensation plans, an investor's interests in the Company may be diluted. This means that the pro-rata portion of the Company represented by the investor's securities will decrease, which could also diminish the investor's voting and/or economic rights. In addition, as discussed above, if a majority-in-interest of holders of securities with voting rights cause the Company to issue additional stock, an investor's interest will typically also be diluted.

#### Restrictions on Transfer

The securities offered via Regulation Crowdfunding 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:

- to the issuer;
- to an accredited investor(1);
- as part of an offering registered with the U.S. Securities and Exchange Commission; or
- 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.

#### Valuation Methodology for Prior Reg CF Raise

The offering price for the securities offered pursuant to this Form C has been determined arbitrarily by the Company, and does not necessarily bear any relationship to the Company's book value, assets, earnings or other generally accepted valuation criteria. In determining the offering price, the Company did not employ investment banking firms or other outside organizations to make an independent appraisal or evaluation. Accordingly, the offering price should not be considered to be indicative of the actual value of the securities offered hereby.

The initial amount invested in a Convertible Note is determined by the investor, and we do not guarantee that the Convertible Note will be converted into any particular number of shares. As discussed in Question 13, when we engage in an offering of equity involving Stock, investors may receive a number of shares of Preferred Stock calculated as either the conversion price equal to the lesser of (i) 100% of the price paid per share for Equity Securities by the investors in the Qualified Financing or (ii) the price equal to the quotient of the valuation cap of $10,000,000.00 (the "Valuation Cap") divided by the aggregate number of outstanding shares of the Company's stock as of immediately prior to the initial closing of the Qualified Financing (assuming full conversion or exercise of all convertible and exercisable securities then outstanding, but excluding the shares of equity securities of the Company issuable upon the conversion of the Notes or any other debt). Because there will likely be no public market for our securities prior to an initial public offering or similar liquidity event, the price of the Stock that investors will receive, and/or the total value of the Company's capitalization, will be determined by our board of directors. Among the factors we may consider in determining the price of Stock are prevailing market conditions, our financial information, market valuations of other companies that we believe to be comparable to us, estimates of our business potential, the present state of our development and other factors deemed relevant. In the future, we will perform valuations of our units that take into account, as applicable, factors such as the following:

- unrelated third party valuations;
- the price at which we sell other securities in light of the relative rights, preferences and privileges of those
- our results of operations, financial position and capital resources;
- current business conditions and projections;
- the marketability or lack thereof of the securities;
- the hiring of key personnel and the experience of our management;
- the introduction of new products;
- the risk inherent in the development and expansion of our products;
- our stage of development and material risks related to our business;
- the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the
- market conditions and the nature and history of our business;
- industry trends and competitive environment;
- trends in consumer spending, including consumer confidence;
- overall economic indicators, including gross domestic product, employment, inflation and interest rates; and
- the general economic outlook.

We will analyze factors such as those described above using a combination of financial and market-based methodologies to determine our business enterprise value. For example, we may see methodologies that assume that businesses operating in the same industry will share similar characteristics and that the Company's value will correlate to those characteristics, and/or methodologies that compare transactions in similar

securities issued by us that were conducted in the market.

# Company

Stonks Trading, Inc.

- Delaware Corporation
- Organized February 2021
- 1 employees

6321 Washington Ave
Windsor Heights IA 50324

https://www.trystonks.com/

# Business Description

Refer to the People Finance profile

# EDGAR Filing

The Securities and Exchange Commission hosts the official version of this annual report on their EDGAR web site. It looks like it was built in 1989.

# Compliance with Prior Annual Reports

People Finance is current with all reporting requirements under Rule 202 of Regulation Crowdfunding.

# All prior investor updates

You can refer to the company's updates page to view all updates to date. Updates are for investors only and will require you to log in to the Wefunder account used to make the investment.

**Attachment 3:** `document_3.pdf`

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

## INVEST IN PEOPLE FINANCE

Share

# The future of neo-banking starts with People!

### LEAD INVESTOR

**Mike Brown** FinTech executive, advisor, and angel investor

I've worked in financial services as both a direct employee and consultant for the past 20 years. During that time, I've worked with hundreds of companies from one-man shops to the largest banks and non-banks in the world. All but a handful of these companies were near exclusively focused on maximizing revenue. From a capitalistic perspective, there is absolutely nothing wrong with that. However, from a practical real-world perspective, this revenue maximization nearly universally comes at the expense of and to the detriment of the customer. There are nearly unlimited examples of financial institutions legally (and illegally) working against their customers' best interests.

People Finance is different. Anthony and team are focused on building a successful and profitable company WHILE simultaneously doing right by their customers. Their focus on leveling the playing field for the small/retail customer by building a people first Web3 FinTech that provides best in class products while sharing the upside is unlike any other company I've seen.

When I initially invested in People Finance it was only a vision. Now, less than a year later, the team has already built a functioning beta version of their iOS app along with a web portal that enables both stock and crypto trading in an easy-to-use interface. I'm excited to take part in this newest round of funding that will enable the team to launch their banking

take part in this newest round of funding that will enable the team to launch their banking products, Android app, and dramatically expand their userbase.

Invested $25,000 this round & $25,000 previously

Learn about Lead Investors

peoplefinance.co

Des Moines Iowa

Technology

Fintech & Finance

B2C

OVERVIEW UPDATES WHAT PEOPLE SAY ASK A QUESTION

## Highlights

1. A member-owned neo-bank and investment platform
2. FDIC insured banking products
3. 6% high-yield Savings Accounts with no exposure to crypto or stocks.
4. 0% to Low APR Credit Cards for our members
5. 1,000+ limited beta users, plus, 12,000+ on our waitlist for banking services.
6. Banking + Transparency is our game.
7. Our goal is to have 25k member-owners with $3m in ARR by EOY 2023 (not guaranteed)
8. Trade Stocks, Bonds, and Crypto right from your FDIC-insured checking account.

# Our team

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

### Anthony Hughes CEO

Before starting People Finance, Anthony bootstrapped two startup consultancies to $1.3m ARR before exiting. Former top performing sales leader at Yahoo and Navex Global. D1 Wrestler and 8x National Team Member

I started People Finance because through Fraud, Waste, and Abuse, financial institutions such as banks, fintechs, and crypto companies have eroded the trust of their customers over the last several years.

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

### Sina Ghazi VP of Product

Former CIO of NICI Brokerage and Product Manager at Jacquard where he led the rollout of an API Banking Platform and created real-time business analytical reports for a dataset of 5 million+ active customers.

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

### Niko Hughes Strategic Growth Advisor

Prior to Stonks Trading Cofounded + Bootstrapped two startups to $1m+ in ARR. Revenue Generation + User Acquisition expert who's helped 35+ tech companies reach acquisition, venture rounds and/or profitability. Board Member KAGWERKS. US Army Officer.

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

### Carsten Carlsen Chief of Staff

Chief of Staff at the Hughes' two consulting companies. Pivotal in helping the team reach $1M+ in ARR. Varsity College Wrestler. Brazilian Jiu Jitsu Black Belt and owner of Renzo Gracie Des Moines.

# Pitch

People Finance

# The Future of Banking

# The Future of Banking Starts with People

Fraud, Waste, and Abuse by financial institutions have led to an erosion of trust among their customers in recent years. Customer of banks, fintech companies, and crypto companies have all been affected by these issues.

## The Problem

Through Fraud, Waste, and Abuse, financial institutions such as banks, fintechs, and crypto companies have eroded the trust of their customers over the last several years.

## Where things breakdown

- FinTech and Crypto banking products engage in unchecked risk practices
  - Funds are not held in an FDIC Insured account
  - Customers who use these companies think their money is safe when in reality their deposits are exposed to highly volatile assets.
  - Liquidity crunch and runs affect customers deposits.

The unchecked risk practices of FinTech and Crypto banking products can put customers' deposits at risk. Companies often do not hold funds in FDIC-insured accounts, leaving customers vulnerable to the volatility of the assets in which their deposits are invested. This practice can lead to liquidity crunches and runs on deposits, leaving customers without access to their own funds. Customers often mistakenly believe that their deposits are safe when, in reality, they are exposed to significant risk.

## Where things break down:

Lack of Transparency

- FinTech and Crypto customers don't have visibility into the accounts that hold their funds.
- FinTech and Crypto companies that offer high-yield savings accounts have been notorious with lying to their customers about use of funds.
- Some big US banks fraudulently open accounts for their customers to boost their bottom line
- Crypto companies...where to begin?

People Finance is a Financial Technology company that is dedicated to providing customers with the best rates on banking products, while also ensuring full transparency and open access of customer funds. Our products give our members peace of mind and trust in our services by offering 24/7 access and complete visibility into the accounts holding our customers' funds, with no exposure to volatility. We believe in building products that are not just about the best rates, but also about the security, transparency, and accessibility of the member's funds. Our goal is to create a transparent and reliable banking experience for our

members.

## The Solution

People Finance is a Financial Technology company building products that not only offer the best rates on banking products for our customers but full 24-hour access and transparency of customer funds with no exposure to volatility.

## What we do

- Banking Products
- Member-Owned
- Banking + Transparency

Our flagship product, a 6% High-Yield Savings Account, offers customers the opportunity to earn a competitive interest rate on their savings, while simultaneously granting liquidity if so needed. The interest rate for this account is based on a combination of factors, including; the Current Federal Funds Rate, short-duration treasuries, and revenues generated from other banking and investment products offered by our company.

investment products offered by our company.

We ensure that all of our customers' funds are FDIC insured, providing an additional layer of security and peace of mind. With our flagship product, our customers can enjoy a high-yield savings experience while knowing that their funds are protected and backed by the Federal Deposit Insurance Corporation. We are committed to providing customers with a safe and secure banking experience, while also offering them the opportunity to earn a competitive interest rate on their savings.

## Our flagship product - 6% High-yield savings account

- All of our customer funds are FDIC insured and pay-yield based off:
  - Current Federal Fund Rate
  - Short-duration treasuries
  - Revenues from other company banking and investment products

## Why we believe in a member-owned model:

Our goal is to have 25,000 member-owners for several reasons.

First, it aligns the interests of the company and its users. When the company grows, the member's stake grows with it. As member-owners, users have a vested interest in the success of the company and will be more likely to use and promote its products and services. This mutual benefit leads to increased customer loyalty and retention.

Second, the member-owner relationship can create a sense of community and belonging amongst users. Specifically in the People Finance community, we hold

regular live AMA (Ask Me Anything) events, and hold chat space in which the community actively converses about the future of the company. Being this type of member-owner gives users a sense of ownership and responsibility for the company, fostering a sense of community among fellow members who share a common interest in all of our mutual success.

Third, creating an active member-owner partnership by hosting a member-only advisory board increases the company's visibility and breeds trust in the people who use our platform. Actively represented members are more likely to share their positive experiences with others, leading to increased brand awareness and a trustworthy reputation.

## Member-Owned

- We have a goal of 25,000 users who also own shares of People Finance. We call them member-owners.

## Just one of our 300+ member-owners

'Love what the company stands for. Helping to bring a financial institution to the people...for the people...by the people!!!'

- An OG Member-Owner

Having a strong customer base, fostering a sense of community, increasing visibility, instilling trust, and raising capital for the growth of the company are all important for the overall success of People Finance. A loyal and engaged member base leads us to increased revenue and profitability, while a positive reputation can attract new customers and business partners. Building a sense of community among members will also increase customer retention and loyalty. Lastly, raising capital through member-ownership can provide the company with the necessary funds to invest in growth and expansion. Overall, having a goal of 25,000 member-owners is crucial for the long-term sustainability and success of the company.

## Why does this matter?

As the company grows, having 25,000 member-owners, dramatically increases our reach, reduces churn, and builds a large base of loyal customers.

The total addressable market for our product/service is 98% of Americans who have a demand deposit account, which is approximately 200 million people. Our target market penetration is 1%, which translates to approximately 2 million accounts. This represents a significant opportunity for growth and expansion in the demand deposit and high-yield savings account market.

# Total Addressable Market

98% of Americans have a demand deposit account

1% Market Penetration

2m Accounts

Our current user base stands at 1,000 individuals, who are part of our limited beta testing phase. Additionally, we have a waitlist of 12,000+ individuals who are interested in our high-yield savings accounts. Notably, we have not spent any money on marketing yet, which is why these numbers represent a strong indication of customer demand for our product

# Our Numbers

- 1,000 current users (limited beta)
- 12,000+ on waitlist for high-yield savings accounts
- $0 spent on marketing

Our Roadmap

## Our Roadmap

- March 2023: Launch 6% High-Yield Savings Account
- June 2023: ShareDrop our first 25,000 customers shares of People Finance. Officially making them member-owers
- August 2023: Launch Checking Accounts with Debit Card
- November 2023: Launch a low APR People Finance Credit Card
- December 2023: 100k Checking and/or Saving Account Holders

- January 2026: Receive our Banking Charter

Forward-looking projections cannot be guaranteed.

## How We Make Money

- $3/month per Savings Account
- 2% APY on deposits in Savings Account
- 1% interchange fees

## Projected Monthly Revenue: 2023 (Not Guaranteed)

2% on Funds: $125,000/month

Savings Account Management Fee: $75,000/month

Interchange: $62,500/month

# Use of Funds - $500k Raised

$150,000 (30%) - Engineering

$50,000 (10%) - Legal/Compliance

$150,000 (30%) - Marketing

$75,000 (15%) - Operations/Accounting

$37,500 (7.5%) - Emergency Burn

$37,500 (7.5%) - Wefunder Intermediary Fee

# Important Disclosure and Clarifications:

"Since our last raise on Wefunder, we have built a trading platform from the ground up and have deployed the People Finance Beta App in both iOS and Web platforms".

At People Finance, transparency with our users and investors is our #1 core tenant. In that spirit, let us explain exactly what we are:

People Finance is a FinTech platform that partners with financial institutions to bring personalized products to our customers. Therefore, we are not a bank or investment platform.

People Finance is a financial technology company, not a bank. Banking services provided by Evolve Bank & Trust, Member FDIC. The People Visa Debit Card is issued by Evolve Bank & Trust pursuant to a license from Visa U.S.A. Inc. and

may be used everywhere Visa debit cards are accepted.

People Finance is a financial technology company, not a broker-dealer. Brokerage services are provided by Alpaca Securities LLC (“Alpaca”), member FINRA/SIPC, a wholly-owned subsidiary of AlpacaDB, Inc. This is not an offer, solicitation of an offer, or advice to buy or sell securities, or open a brokerage account in any jurisdiction where Alpaca is not registered (Alpaca is registered only in the United States).

Cryptocurrency services are made available by Alpaca Crypto LLC (“Alpaca Crypto”), a FinCEN registered money services business (NMLS # 2160858), and a wholly-owned subsidiary of AlpacaDB, Inc. Alpaca Crypto is not a member of SIPC or FINRA. Cryptocurrencies are not stocks and your cryptocurrency investments are not protected by either FDIC or SIPC.

**Attachment 4:** `document_4.pdf`

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

**Stonks Trading, Inc.** (the “Company”) a Delaware Corporation

Financial Statements (unaudited) and
Independent Accountant’s Review Report

Year ended December 31, 2021

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

## INDEPENDENT ACCOUNTANT'S REVIEW REPORT

Stonks Trading, Inc.

We have reviewed the accompanying financial statements of the Company which comprise the statement of financial position as of December 31, 2021 and the related statement of operations, statement of changes in shareholder equity, and statement of cash flows for the year then ended, and the related notes to the financial statements. A review includes primarily applying analytical procedures to management’s financial data and making inquiries of Company management. A review is substantially less in scope than an audit, the objective of which is the expression of an opinion regarding the financial statements as a whole. Accordingly, we do not express such an opinion.

### Management’s Responsibility for the Financial Statements

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

### Accountant’s Responsibility

Our responsibility is to conduct the review engagement in accordance with Statements on Standards for Accounting and Review Services promulgated by the Accounting and Review Services Committee of the AICPA. Those standards require us to perform procedures to obtain limited assurance as a basis for reporting whether we are aware of any material modifications that should be made to the financial statements for them to be in accordance with accounting principles generally accepted in the United States of America. We believe that the results of our procedures provide a reasonable basis for our conclusion.

### Accountant’s Conclusion

Based on our review, we are not aware of any material modifications that should be made to the accompanying financial statements in order for them to be in accordance with accounting principles generally accepted in the United States of America.

### 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. Management has evaluated these conditions and plans to generate revenues and raise capital as needed to satisfy its capital needs.

Vince Mongio, CPA, CIA, CFE, MACC

*Vincenzo Mongio*

### Statement of Financial Position

|  | As of December 31, 2021 |
| --- | --- |
| ASSETS |  |
| Current Assets |  |
| Cash and Cash Equivalents | 89,573 |
| Prepaid Expenses | 2,333 |
| Other | 377 |
| Total Current Assets | 92,284 |
| TOTAL ASSETS | 92,284 |
| LIABILITIES AND EQUITY |  |
| Liabilities |  |
| Current Liabilities |  |
| Accounts Payable | 7,802 |
| Total Current Liabilities | 7,802 |
| Long-term Liabilities |  |
| Convertible Notes | 253,664 |
| Total Long-Term Liabilities | 253,664 |
| TOTAL LIABILITIES | 261,466 |
| EQUITY |  |
| Common Stock | 2 |
| Additional Paid in Capital | 183,286 |
| Accumulated Deficit | (352,471) |
| Total Equity | (169,183) |
| TOTAL LIABILITIES AND EQUITY | 92,284 |

### Statement of Operations

|  | Year Ended December 31, 2021 |
| --- | --- |
| Revenue | 12,741 |
| Cost of Revenue | 31,466 |
| Gross Profit | (18,725) |
| Operating Expenses |  |
| Advertising and Marketing | 15,163 |
| General and Administrative | 148,881 |
| Research and Development | 169,115 |
| Rent and Lease | 1,167 |
| Total Operating Expenses | 334,326 |
| Operating Income (loss) | (353,051) |
| Other Income |  |
| Interest Income | 580 |
| Other | - |
| Total Other Income | 580 |
| Provision for Income Tax | - |
| Net Income (loss) | (352,471) |

# **Statement of Cash Flows**

|  | Year Ended December 31, 2021 |
| --- | --- |
| OPERATING ACTIVITIES |  |
| Net Income (Loss) | (352,471) |
| Adjustments to reconcile Net Income to Net Cash provided by operations: |  |
| Accounts Payable | 7,802 |
| Prepaid Expenses | (2,333) |
| Other | (377) |
| Total Adjustments to reconcile Net Income to Net Cash provided by operations: | 5,091 |
| Net Cash provided by (used in) Operating Activities | (347,379) |
| FINANCING ACTIVITIES |  |
| Common Stock | 173,288 |
| Additional Paid in Capital | 10,000 |
| Convertible Notes | 253,664 |
| Net Cash provided by (used in) Financing Activities | 436,952 |
| Cash at the beginning of period | - |
| Net Cash increase (decrease) for period | 89,573 |
| Cash at end of period | 89,573 |

# **Statement of Changes in Shareholder Equity**

|  | Common Stock |  | APIC | Accumulated Deficit | Total Shareholder Equity |
| --- | --- | --- | --- | --- | --- |
|  | # of Shares | $ Amount |  |  |  |
| Beginning Balance 2/3/2021 (Inception) | - | - | - | - | - |
| Issuance of Common Stock | 7,000,001 | 2 | 173,286 | - | 173,288 |
| Additional Paid in Capital | - | - | 10,000 | - | 10,000 |
| Net Income (Loss) | - | - | - | (352,471) | (352,471) |
| Ending Balance 12/31/2021 | 7,000,001 | 2 | 183,286 | (352,471) | (169,183) |

# **Stonks Trading, Inc.**  
**Notes to the Unaudited Financial Statements**  
**December 31st, 2021**  
**\$USD**

# **NOTE 1 - ORGANIZATION AND NATURE OF ACTIVITIES**

Stonks Trading, Inc. (“the Company”) was formed in Delaware on February 3$^{rd}$, 2021. The Company is a user-owned Social Trading Platform dedicated to giving financial power to the people through community, education, and support. The Company generates revenue through its stock and crypto trading platform, along with banking services to its users.

The Company is carrying on an ongoing crowdfunding campaign under regulation CF in 2022 to raise operating capital.

# **NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

# Basis of Presentation

Our financial statements are prepared in accordance with U.S. generally accepted accounting principles (“GAAP”). Our fiscal year ends on December 31. The Company has no interest in variable interest entities and no predecessor entities.

# Use of Estimates and Assumptions

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure 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 balances, and highly liquid investments with maturities of three months or less when purchased.

# Fair Value of Financial Instruments

ASC 820 “*Fair Value Measurements and Disclosures*” establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

These tiers include:

- Level 1: defined as observable inputs such as quoted prices in active markets;

- Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and

- Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

# Concentrations of Credit Risks

The Company’s financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents. The Company places its cash and cash equivalents with financial institutions of high credit worthiness. The Company’s management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited.

## Revenue Recognition

The Company recognizes revenue from the sale of products and services in accordance with ASC 606, “Revenue Recognition” following the five steps procedure:

- Step 1: Identify the contract(s) with customers
- Step 2: Identify the performance obligations in the contract
- Step 3: Determine the transaction price
- Step 4: Allocate the transaction price to performance obligations
- Step 5: Recognize revenue when or as performance obligations are satisfied

The Company generates revenues by selling a subscription service to consumers utilizing the Company’s platform to trade stocks and crypto, as well as receive banking services. The Company’s payments are generally collected at time of service or initiation of services. The Company’s primary performance obligation is to maintain an acceptable level of software uptime for users over the subscription period which can be one to six months, and revenue is recognized over the life of the subscription as performance obligations are satisfied.

## Advertising Costs

Advertising costs associated with marketing the Company’s products and services are generally expensed as costs are incurred.

## General and Administrative

General and administrative expenses consist of payroll and related expenses for employees and independent contractors involved in general corporate functions, including accounting, finance, tax, legal, business development, and other miscellaneous expenses.

## Equity Based Compensation

The Company does not have any equity-based compensation plans.

## Income Taxes

The Company is subject to corporate income and state income taxes in the state it does business. A deferred tax asset as a result of net operating losses (NOL) has not been recognized due to the uncertainty of future positive taxable income to utilize the NOL.

## Recent Accounting Pronouncements

The FASB issues ASUs to amend the authoritative literature in ASC. There have been a number of ASUs to date 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.

## NOTE 3 - RELATED PARTY TRANSACTIONS

The Company follows ASC 850, “Related Party Disclosures,” for the identification of related parties and disclosure of related party transactions. No transactions require disclosure.

## NOTE 4 - COMMITMENTS, CONTINGENCIES, COMPLIANCE WITH LAWS AND REGULATIONS

We are currently not involved with or know of any pending or threatening litigation against the Company or any of its officers. Further, the Company is currently complying with all relevant laws and regulations. The Company does not have any long-term commitments or guarantees.

## NOTE 5 - DEBT

Convertible Notes - The Company has entered into several convertible note agreements for the purposes of funding operations. The interest on the notes was 7%. The amounts are to be repaid at the demand of the holder prior to conversion with maturities in 2023. During an equity financing event, the notes are convertible into shares of the Company's Common Stock at a rate equal to the lesser of (i) the price paid per share in an equity financing event multiplied by 1, or (ii) the quotient resulting from dividing $10,000,000 by the number of outstanding shares of Common Stock prior to the equity financing event. Alternatively, during a change of control event, the Company shall repay the holder in cash in an amount equal to the outstanding principal plus any accrued interest. No notes have converted as of December 31, 2021.

### Debt Principal Maturities 5 Years Subsequent to 2021

| Year | Amount |
| --- | --- |
| 2022 | - |
| 2023 | 253,664 |
| 2024 | - |
| 2025 | - |
| 2026 | - |
| Thereafter | - |

## NOTE 6 - EQUITY

The Company has authorized 10,000,000 shares of Common Stock with a par value of $0.00001 per share. 7,000,001 shares were issued and outstanding as of 2021.

**Voting:** Common Shareholders are entitled to one vote per share.

**Dividends:** The holders of Common Stock are entitled to receive dividends when and if declared by the Board of Directors.

## NOTE 7 - SUBSEQUENT EVENTS

The Company has evaluated events subsequent to December 31, 2021 to assess the need for potential recognition or disclosure in this report. Such events were evaluated through October 26, 2022, the date these financial statements were available to be issued. No events require recognition or disclosure.

## NOTE 8 - GOING CONCERN

The accompanying balance sheet has been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The entity has realized losses since inception, may continue to generate losses, and has experienced negative cash flows from operating activities. The Company's ability to continue as a going concern in the next twelve months following the date the financial statements were available to be issued is dependent upon its ability to produce revenues and/or obtain financing sufficient to meet current and future obligations and deploy such to produce profitable operating results. Management has evaluated these conditions and plans to generate revenues and raise capital as needed to satisfy its capital needs. No assurance can be given that the Company will be successful in these efforts. These factors, among others, raise substantial doubt about the ability of the Company to continue as a going concern for a reasonable period of time. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities.

## NOTE 9 - RISKS AND UNCERTAINTIES

### *COVID-19*

The spread of COVID-19 has severely impacted many local economies around the globe. In many countries, businesses are being forced to cease or limit operations for long or indefinite periods of time. Measures taken to contain the spread of the virus, including travel bans, quarantines, social distancing, and closures of non-essential services have triggered significant disruptions to businesses worldwide, resulting in an economic slowdown. Global stock markets have also experienced great volatility and a significant weakening. Governments and central banks have responded with monetary and fiscal interventions to stabilize economic conditions. The duration and impact of the COVID-19 pandemic, as well as the effectiveness of government and central bank responses remains unclear currently. It is not possible to reliably estimate the duration and severity of these consequences, as well as their impact on the financial position and results of the Company for future periods.

**Attachment 5:** `document_5.pdf`

Complete Your Bachelor's - Complete your bachelor's online in Simmons' community of driven women. Ad

The People VS Wall Street.
We are a User-Owned Social Trading Platform dedicated to giving financial power to the people through community, education, and ownership.

John H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H. H.

Anthony Hughes - 2nd
CEO & Chief TENDIES OFFICER at STONKS TRADING INC.
CIVE, IOWA, UNITED STATES - Contact info
500+ connections
1 mutual connection: Adie Akuffo-Afful
Connect Message More
Stonks Trading Inc.
Liberty University

Experience

CEO & Chief TENDIES OFFICER
Stonks Trading Inc. - Full-time
Jan 2021 - Present - 11 mos
Des Moines, Iowa, United States
The People vs Wall Street

We are a User-Owned Social Trading Platform dedicated to giving financial power to the people through community, education, and ownership.

Join in as we grow a fully democratized social investing ecosystem built and owned by the commoners of the world.
...see more

Angel/Seed Investor, Startup Advisor
Multiple Companies
Jun 2019 - Present - 2 yrs 6 mos
Portland, Oregon Area
Current Investments
Nanno (https://www.nanno.com)
Jumpstart (https://www.jumpstartrecovery.com)
WelVov (http://www.welvov.com)
...see more

CEO
SPEEKLY
Jan 2019 - Dec 2020 - 2 yrs
Portland, Oregon Area
Scale your sales on LinkedIn

Win deals and build trust with prospects on LinkedIn through thought leadership, prospecting, and engagement. 100% done for you with predictable leads sent straight to your inbox ...see more

Advisor
BetterManager
Sep 2017 - Jan 2020 - 2 yrs 5 mos
Portland, Oregon Area
BetterManager's mission is to help managers make a positive difference in the lives of the people they work with and their organizations.

50% of employees have quit a job because of a bad boss. 70% of U.S. workers are not ...see more

Founder
BetterGrowth
Oct 2018 - Oct 2019 - 1 yr 1 mo
Portland, Oregon Area
BetterGrowth is a growth agency with a specialization in helping companies accelerate growth through improved marketing, sales, and customer success strategies. We help B2B companies through our six core offerings: demand generation, outbound sales development, deal closing, sales coaching, customer support, and customer success. Our work has played a pivotal ...see more

Show 3 more experiences

Education

Liberty University
Bachelor of Science (B.S.), Religion/Religious Studies
2008 - 2012
NCAA D-1 Wrestler

Kelso High School

Diploma
2007 - 2008

- 2X State Placer (Wrestling)
- 8X National Team Member (Freestyle & Greco Wrestling)
- 2X Team Captain: Wrestling

Eastlake High School
2005 - 2007

# Skills & endorsements

Leadership : 22

Endorsed by 2 of Anthony's colleagues at
SDRemote (now BetterGrowth)

Endorsed by 7 people who know Leadership

Public Speaking : 18

Endorsed by 2 of Anthony's colleagues at SDRemote (now BetterGrowth)

Sales : 15

Endorsed by 3 of Anthony's colleagues at NAVEX Global

Show more

# Accomplishments

2 Languages
English • Greek, Ancient (to 1453)

# Interests

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Chairman and CEO of Microsoft
5,457,805 followers

MindTouch
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Gary Vaynerchuk
Chairman of Vaynerchuk, CEO of Vaynerchuk, 5-Ton
4,835,494 followers

Human Resources (HR) & Talent Manager
711,451 members

iTradeNetwork, Inc.
2,154 followers

Robert Herjavec
Founder of Herjavec Group | Shark on ABC's Shark
2,233,620 followers

See all

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

## FORM C

### UNDER THE SECURITIES ACT OF 1933

### Issuer Information

**Name of Issuer:** Stonks Trading, Inc.

**Legal Status:** Corporation

**Jurisdiction of Incorporation/Organization:** DE

**Date of Organization:** 02-03-2021

**Physical Address:** 6321 Washington Ave, Windsor Heights, IA, 50324

**Issuer Website:** https://www.trystonks.com/

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

### Annual Report Disclosure Requirements

**Current Number of Employees:** 6

**Total Assets (Most Recent Fiscal Year):** $92,284.00

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

**Cash & Cash Equivalents (Most Recent Fiscal Year):** $89,573.00

**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):** $7,802.00

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

**Long-Term Debt (Most Recent Fiscal Year):** $253,664.00

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

**Revenues/Sales (Most Recent Fiscal Year):** $12,741.00

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

**Cost of Goods Sold (Most Recent Fiscal Year):** $31,466.00

**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):** $-352,471.00

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

### Signatures

**Issuer:** Stonks Trading, Inc.

**Signature:** Anthony Hughes

**Title:** CEO

---

**Signature:** Anthony Hughes

**Title:** CEO

**Date:** 02-03-2023