SEC Filing Document

Company: Ambitious Entertainment, Inc.
Ticker: 
CIK: 1900851
Filing Type: DRS
Document Type: DRS
Date Filed: 2025-07-17
Accession Number: 0001493152-25-011282
Exchange: 
SIC Code: 7812
SIC Description: Services-Motion Picture & Video Tape Production
URL: https://www.sec.gov/Archives/edgar/data/1900851/000149315225011282/filename1.htm

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rise to any patent, trademark or license infringements or violations. We have not entered into any franchise agreements or other contracts that have created or could create obligations or concessions. Our web domain and IP address as well as company information will be protected by our domain host. We do not own, either legally or beneficially, any patents or trademarks. Rights to motion pictures are granted legal protection under the copyright laws of the United States and most foreign countries, including Canada. These laws provide substantial civil and criminal penalties for unauthorized duplication and exhibition of motion pictures. Motion pictures, musical works, sound recordings, artwork, and still photography are separately subject to copyright under most copyright laws. We plan to take appropriate and reasonable measures to secure, protect, and maintain copyright protection for all our products under the laws of the applicable jurisdictions. Motion picture piracy is an industry-wide problem.

Under
the copyright laws of Canada and the United States, copyright in a motion picture is automatically secured when the work is created and
“fixed” in a copy. We intend to register our films for copyright with both the Canadian Copyright Office and the United States
Copyright Office. Both offices will register claims to copyright and issue certificates of registration, but neither will “grant”
or “issue” copyrights. Only the expression (camera work, dialogue, sounds, etc.) fixed in a motion picture can be protected
under copyright. Copyright in both Canada and the United States does not cover the idea or concept behind the work, or any characters
portrayed in the work. Registration with the appropriate office establishes a public record of the copyright claim.

Ordinarily,
a number of individuals contribute authorship to a motion picture, including the writer, director, producer, camera operator, editor
and others. Under the laws of both the United States, and Canada, these individuals are not always considered the “authors,”
however, because a motion picture is frequently a “work made for hire.” In the case of a work made for hire, the employer,
not the individuals who actually created the work, is considered the author for copyright purposes. We intend for all our films to be
works made for hire in which we will be the authors and thereby own the copyright to our films.

Canada’s
copyright law is distinguished from that of the United States by recognizing the moral rights of authors. Moral rights refer to the rights
of authors to have their names associated with their work, and the right to not have their work distorted, mutilated or otherwise modified,
or used in association with a product, service, cause or institution in a way that is prejudicial to their honor or reputation. Moral
rights cannot be sold or transferred, but they can be waived. We intend that all individuals who contribute to the creation of any of
our motion pictures will be required to waive any such moral rights that they may have in the motion picture.

For
copyright purposes, publication of a motion picture takes place when one or more copies are distributed to the public by sale, rental,
lease or lending. Publication also refers to an offering made to distribute copies to a group of persons (wholesalers, retailers, broadcasters,
motion picture distributors, and the like), for purposes of further distribution or public performance. A work that is created (fixed
in tangible form for the first time) on or after January 1, 1978, is automatically protected from the moment of its creation. The work
is ordinarily given a term enduring for the author’s life plus an additional 70 years after the author’s death. For works
made for hire, the duration of copyright will be 95 years from publication or 120 years from creation, whichever is shorter.

Although
we plan to copyright all of our film properties and projects, there is no practical protection from films being copied by others without
payment to us, especially overseas. We may lose an indeterminate amount of revenue due to motion picture piracy. Being a small company,
with limited resources, it will be difficult, if not impossible, to pursue our various remedies. Motion picture piracy is an international
as well as a domestic problem. It is extensive in many parts of the world.

Government
Regulation

are aware that the cost of producing and distributing filmed entertainment has increased substantially in recent years. This is due,
among other things, to the increasing demands of creative talent as well as industry-wide collective bargaining agreements. Many screenplay
writers, performers, directors and technical personnel in the entertainment industry who will be involved in our productions, are members
of guilds or unions that bargain collectively on an industry-wide basis. We have found that actions by these guilds or unions can result
in increased costs of production and can occasionally disrupt production operations. If such actions impede our ability to operate or
produce a motion picture, it may substantially harm our ability to earn revenue and result in our business to fail.

are also subject to state and federal work and safety laws and disclosure obligations, under the jurisdiction of the U.S. Occupational
Safety and Health Administration and similar state organizations. We intend to use non-unionized talent whenever possible to reduce our
costs of production. Notwithstanding, many individuals associated with our productions, including actors, writers and directors, will
be members of guilds or unions, that bargain collectively with producers on an industry-wide basis from time to time. Our operations
will be dependent upon our compliance with the provisions of collective bargaining agreements governing relationships with these guilds
and unions. Strikes or other work stoppages by members of these unions could delay or disrupt our activities. The extent to which the
existence of collective bargaining agreements may affect us in the future is not currently known.

Further,
with regard to digital content developed for children, a variety of laws and regulations have been adopted in recent years aimed at protecting
children using the internet such as the U.S. Children’s Online Privacy Protection Act and the rules promulgated by the U.S. Federal
Trade Commission thereunder (COPPA). COPPA sets forth, among other things, a number of restrictions on what website operators can present
to children under the age of 13 and what information can be collected from them.

Employees

of July 8, 2025, we had zero full-time employees and zero part-time employees. We only utilize consultants
in the ordinary course of our business in connection with the production
of digital media projects or motion pictures.

Legal
Proceedings

are not a party to any legal proceedings that could have a material adverse effect on the Company’s business, financial condition
or operating results. Further, to the Company’s knowledge, no such proceedings have been threatened against the Company. However,
from time to time, we may be subject to various legal proceedings and claims that are routine and incidental to our business. Management
believes that the final disposition of such matters will not have a material adverse effect on our business, financial position, results
of operations or cash flows.

Properties

do not own any real property. However, we lease 150 square feet of office space located at 207 - 744 Hastings ST W, Vancouver,
British Columbia V6C 1A5, on a month-to-month basis for a monthly rate of approximately CAD1,000. We believe that our facilities
are adequate for our current needs and that suitable additional or substitute space would be available if needed.

Corporate
Information

Our
mailing address is 530 S 8th Street, Las Vegas, Nevada 89101. Our telephone number is (604)218-3374. The address of our website
is www.ambitious.tv. The inclusion of our website address in this prospectus does not include or incorporate by reference the information
on our website into this prospectus.

MANAGEMENT

Executive
Officers and Directors

The
following table sets forth information about our directors and executive officers.

Name Age Position(s)

Kirk Shaw 69 Co-President
and Interim Chief Executive Officer

Chris Phillip 58 Co-President

Melony
Valleau 57 Chief
Financial Officer

Adam
Berk 47 Director
Nominee

Lucy
Chua 41 Director
Nominee

Member of the Audit Committee

Member of the Compensation Committee

Member of the Nominating and Corporate Governance Committee

Executive
Officers and Directors

Kirk
Shaw, age 69

Co-President
and Interim Chief Executive Officer

Shaw combines over 30 years of experience in the film and television industry, following a successful career as a media entrepreneur
and producer. Previously, he has been involved in more than 250 productions in the entertainment industry, holding positions including
Chief Executive Officer, Executive Producer, and founder of independent studios.

From 2017 through
2021, Mr. Shaw served as the Chief Executive Officer of Wonderfilm Media Corporation, a global content development and
financing company. From 2010 to 2017, he was Chief Executive Officer of Odyssey Media Inc., a company involved in
film and television production. From 2000 to 2010, he was the founder and Executive Producer of Insight Film
Studios, a Canadian-based production company that focused on independent film and television projects and became the
country’s largest indie studio during its peak.