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HOOPS SCOUTING USA

corporate_fare Company Profile

HOOPS SCOUTING USA

HSCT·OTC·Technology·CIK 0001721056

Hoops Scouting USA operates a basketball website designed for high school players aiming to play post-secondary basketball. The company was incorporated on October 31, 2016, in Wyoming. Its primary offering is the website, www.hoopsscoutingusa.com, and it is currently developing a complementary mobile application. Hoops Scouting USA is in the development stage and has not yet generated any revenue from its operations. Jamie Oei has served as President, Chief Executive Officer, Chief Financial Officer, Secretary, and Treasurer since the company's inception and is also the sole director. While Jamie Oei resides in Canada, the company's current assets are located in the United States. The company received initial funding of $50 from its officer and director, who purchased 37,500,000 shares of common stock at $0.0001 per share. During the fiscal year ended June 30, 2021, Hoops Scouting USA received $32,000 from share subscriptions related to a private placement of common shares at $0.10 per share. For the fiscal year ended June 30, 2022, an additional $3,000 was received from share subscriptions from a private placement at $0.10 per share. On October 15, 2021, the company issued 26,250,000 common shares at $0.10 per share, corresponding to $35,000 in private placement proceeds received by September 30, 2021. On February 17, 2023, Hoops Scouting USA acquired the Grit Mobile Application and related products, including a website and Instagram account, from Grit Performance Athletics Inc. The acquired assets are valued at $100,000 and were paid for by issuing 37,500,000 restricted shares of common stock to Grit Performance.

HOOPS SCOUTING USA (OTC:HSCT) is a publicly traded company in the Technology sector. Wiseek monitors HSCT SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • HOOPS SCOUTING USA Reports Worsening Losses, Going Concern Warning, and Ineffective Controls

monitoring Financial Snapshot

Fiscal year ended June 30, 2025
Net Income
-$20.12K
Diluted EPS
$0.00
Op. Cash Flow
-$29.05K
Cash & Equivalents
$20
Debt / Equity
0.00×
Shares Outstanding
101.25M sh
Source: 10-K · filed 2026-01-12 · accession 0001477932-26-000170
$0.39
52-week range $0.02 – $0.53
Volume
5K (0.7× avg)
3-mo avg 7.3K
Price snapshot as of 2026-05-22 01:50 UTC (Market snapshot (OVERNIGHT))

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feed HSCT - Latest Insights

HSCT
May 13, 2026, 8:12 AM EDT
Filing Type: 10-Q
Importance Score:
8