SUN
SUN is a Wyoming corporation incorporated on September 5, 2024, by founder and Chief Executive Officer Michael Ssebugwawo Muyingo, and is headquartered at 10 Lily Pond Lane in East Hampton, New York. The company is registered with the Securities and Exchange Commission under Section 12(g) of the Exchange Act and has filed a Form S-1 registration statement in connection with its public offering of shares, with the stated intention of having its common stock listed for quotation on the Over-the-Counter Bulletin Board following the completion of its offering. As a newly formed early-stage company with authorized capital of 75 million common shares, SUN is building its initial business activities and investor relationships in the early stages of its corporate development.<br><br>The company has entered into an investment in Back to The Present LLC, a subsidiary of JSL Studios, acquiring a Class B Membership Interest for $37,500 that entitles SUN to 1% of net profits from the film production activities conducted by Back to The Present. This investment positions SUN as a participant in the independent film and media production sector, where smaller investment stakes in production entities provide exposure to potential returns from successful film projects distributed through theatrical, streaming, and other content distribution channels. In October 2024, the company entered into a strategic partnership with Muy House, LLC, a creative agency that supports SUN's community outreach and brand development initiatives, providing the company with marketing and creative services resources as it develops its corporate profile.<br><br>SUN generated approximately $17,475 in revenue for the fiscal year ended October 31, 2024, and files annual reports on Form 10-K with the Securities and Exchange Commission for its fiscal year ending October 31. The company is classified under SIC code 7389, covering services not elsewhere classified, and relies on a combination of related party financing and third-party lenders to fund its early-stage operations, with the company's auditors noting substantial doubt about its ability to continue as a going concern reflecting its limited operating history and early development stage. SUN's East Hampton, New York principal office address and its investments in film production and creative agency partnerships reflect its positioning at the intersection of media, entertainment, and business development activities.