Siltrium Tech Corp
SLTCBusiness Summary
Siltrium Tech Corporation operates in the global wellness tourism industry, a growing segment of the travel market driven by increasing consumer interest in mental wellbeing, lifestyle-oriented travel, and personal development. Traditional travel planning services typically focus on logistics, pricing, or accommodation aggregation and may not address travelers' broader experiential or lifestyle preferences, and the Company is designed to address this gap by offering a platform aligned with wellness-oriented and personalized travel experiences. The travel and wellness technology market includes a range of platforms offering travel planning, wellness experiences, and related services, with some competitors focusing on logistics-based trip planning while others provide wellness-related content or curated travel experiences.
The Company believes its platform differentiates through the integration of personalized travel planning and wellness-oriented content within a single digital experience. Siltrium is positioned to serve demand for wellness-focused and intentional travel experiences through its digital platform, distinguishing its service from conventional trip-planning tools that emphasize logistics or cost savings.
Siltrium is a development-stage travel technology company that generates revenue primarily through subscription-based access to TripWeaver and related API services. The Company intends to offer multiple pricing tiers designed for different categories of users, including individual users, small and medium-sized businesses, and corporate customers. The Starter plan is designed for individuals and travel enthusiasts and provides access to up to 400 requests per month for a monthly subscription fee of $200 1. The Pro plan is designed for small and medium-sized businesses and provides access to up to 5,000 requests per month for a monthly subscription fee of $1,500 2. The Premium plan is intended for corporate customers and provides flexible usage limits based on customer requirements and contractual arrangements, with pricing based on usage, currently planned at $0.50 per request 3. Customers purchase a fixed number of requests and are generally given access to the Company's product for one-month periods, with fixed subscription fees recognized ratably over the applicable subscription period regardless of the number of requests actually used, and unused requests expire at the end of the subscription period and do not carry forward. All subscription fees must be paid in full up front and are non-refundable unless expressly stated otherwise. The Company may introduce additional monetization opportunities in the future, including user-generated itinerary marketplace commissions, advertising placements, premium subscription offerings, and other travel-related digital services.
The platform integrates several components into a unified user journey. The Informational Website and Mindful Travel Blog presents the Company's mission and services and serves as the entry point for users, with the website fully developed and live at www.siltrium.com, and the blog provides articles on wellness tourism, emotional restoration, and mindful travel trends. TripWeaver is a fully developed, live intelligent travel planner that generates personalized itineraries based on a user's self-reported emotional state, lifestyle preferences, and trip goals, with itineraries focused on balance, harmony, and personal renewal. The Travel Budget Estimator is a free tool designed to assist users in estimating and planning travel-related expenses. The platform currently hosts and operates integrated API functionality directly within its infrastructure and is designed to support further expansion through additional API capabilities and third-party integrations. The Company serves individual travelers, corporate wellness partners in wellness, lifestyle, and productivity sectors that may integrate Siltrium's APIs into employee wellness programs, corporate retreats, or client engagement platforms, and travel professionals and agencies that may utilize Siltrium's platform to provide travel planning services to their clients.
During the fiscal year ended July 31, 2026, the Company issued 1,700,000 shares of common stock for cash proceeds of $42,500 at a price of $0.025 per share 4, with proceeds used to acquire intangible assets and pay for general operating expenses. The Company capitalized several intangible assets during the period, including the TripWeaver core service in the amount of $46,000 on September 15, 2025 5, the Mindful Travel Blog in the amount of $38,000 on October 17, 2025 6, public-facing website optimization costs totaling $16,860 on January 30, 2026 7, the Travel Budget Estimator software service in the amount of $29,040 on April 20, 2026 8, and the Flight Information System software service in the amount of $50,000 on July 28, 2026 9. On October 2, 2026, the Company received notification that FINRA's Department of Market Operations had assigned the trading symbol SLTC to the Company's common stock, effective October 2, 2026 10. Subsequent to July 31, 2026, the CEO paid $3,000 to vendors on behalf of the Company under the related party loan agreement 11.
The Company had $43,670 in revenues for the year ended July 31, 2026, compared to $0 for the period from May 27, 2025 (Inception) through July 31, 2025, an increase of $43,670, or 100%, due to the launch of the Company's online platform during the current year 12. Total operating expenses were $95,096 for the year ended July 31, 2026, compared to $4,199 for the prior period, an increase of 2,165%, or $90,897 13. The operating expenses for the year ended July 31, 2026 included amortization expense of $39,427 and general and administrative expenses of $55,669 14. The Company had a net loss of $51,426 for the year ended July 31, 2026, compared to a net loss of $4,199 for the period from May 27, 2025 (Inception) through July 31, 2025 15. Net loss per common share was $0.02 for the year ended July 31, 2026, compared to $0.00 for the prior period 16. As of July 31, 2026, the Company had cash of $115 and a working capital deficit of $174,998 17. The Company's independent auditor issued a going concern opinion, indicating substantial doubt about the Company's ability to continue as an on-going business for the next twelve months if it does not obtain additional capital.
Business Outlook
The Company's development strategy focuses on expanding platform functionality, improving user engagement, and introducing additional monetization opportunities. In the near term, the Company intends to continue enhancing existing products, expand informational and interactive content, improve personalization capabilities, and develop subscription-based and API-based services. Over the longer term, the Company plans to introduce additional platform features, including enhanced community engagement tools, multimedia travel content, and user-generated travel functionality. The Company also intends to explore the development of a marketplace that would allow users to share and potentially monetize travel itineraries and routes, as well as third-party integrations such as the One-Click Route to Notion API, which would enable users to export and manage travel plans through external productivity platforms. The timing and scope of these development initiatives may change based on available resources, customer adoption, market conditions, and the Company's ability to secure additional financing or generate revenue from operations.
Siltrium plans to expand via API products to integrate emotional travel planning into users' digital lives, including productivity, wellness, and lifestyle applications. The planned One-Click Route to Notion API, targeted for Year 3 release, will enable users to export TripWeaver itineraries directly into customizable Notion pages. Additional APIs are expected to expand Siltrium into adjacent digital wellness and life-planning applications. The Company also anticipates developing mobile applications, expanding partner integrations, and exploring international growth opportunities.
The Company's revenue model is primarily based on subscription-based access to TripWeaver and related API services, with multiple pricing tiers designed for different categories of users. The Company may introduce additional monetization opportunities in the future, including user-generated itinerary marketplace commissions, advertising placements, premium subscription offerings, and other travel-related digital services. The Company seeks to retain users through personalized recommendations, community-building features, premium API offerings, and ongoing engagement via curated content and notifications.
The Company currently has limited working capital and has not completed its efforts to establish a stabilized source of revenue sufficient to cover operating costs over an extended period of time. Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses, which will include advances through related party loans. The Company intends to position itself so that it will be able to raise additional funds through the capital markets. In light of management's efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.
The Company has not declared or paid dividends on its common shares since its formation, and it does not anticipate paying dividends in the foreseeable future. The Company's principal source of cash is investments made by others, including amounts contributed by its CEO in conjunction with a related party loan. On June 2, 2025, Mr. Marques Fribel entered into a loan agreement with the Company, agreeing to provide funding and financing in an amount not exceeding $200,000 18. The Loan is non-interest-bearing and unsecured and has a duration of five (5) years, commencing on June 2, 2025, and ending on June 1, 2030. As of July 31, 2026, Mr. Marques Fribel has advanced $152,084 to the Company under the Loan, of which $130,985 was advanced during the year ended July 31, 2026 19.
The Company's intangible assets will be amortized on a straight-line basis over their estimated useful life of three years. Expected amortization expense for intangible assets is $69,633 for the year ending July 31, 2027, $69,633 for the year ending July 31, 2028, and $30,207 for the year ending July 31, 2029 20. The Company incurred advertising costs of $8,100 during the year ended July 31, 2026 21.
The Company has determined that there were control deficiencies that constituted material weaknesses as of July 31, 2026, including the lack of an adequate control environment due to its small size, the lack of adequate segregation of duties, management oversight, or accounting resources, and the failure to implement appropriate information technology controls. The Company has one employee who is also the only member of management and sole director, and the Board of Directors acts in the capacity of the Audit Committee and does not include a member that is considered to be independent of management. The Company lacks accounting staff with enough knowledge of US GAAP and SEC rules.
Risk Factors
The Company faces substantial doubt about its ability to continue as a going concern, with an accumulated deficit of $55,625 as of July 31, 2026, a net loss of $51,426 for the year ended July 31, 2026, limited working capital, and a working capital deficit of $174,998 as of July 31, 2026 22. The Company currently does not maintain insurance coverage, and if it is a party to litigation or other liability events, it may not have sufficient funds to defend or satisfy a judgment, which may have a material adverse effect on its operations and financial condition. The Company has only one employee, Mr. Pedro Henrique Marques Fribel, who serves as President, Treasurer, Secretary and Director, and the Company lacks adequate segregation of duties, management oversight, and accounting resources, with material weaknesses identified in its internal control over financial reporting. The Company is dependent on additional investment capital to fund operating expenses, including advances through related party loans, and as of July 31, 2026, Mr. Marques Fribel has advanced $152,084 to the Company under a loan agreement with a maximum amount of $200,000 23. The Company's utilization of any net operating loss carryforward may be unlikely as a result of its intended activities, and should a change in ownership occur, net operating loss carryforwards may be limited as to use in future years.
Management Priorities
Management's message to shareholders emphasizes the Company's status as a development-stage travel technology company that has launched the initial components of its Siltrium platform, including the Informational Website and Mindful Travel Blog, TripWeaver Intelligent Travel Planner, and the Travel Budget Estimator. The Company's strategic priorities for the period ahead center on expanding platform functionality, improving user engagement, and introducing additional monetization opportunities through subscription-based and API-based services. Management has articulated a development roadmap that includes near-term enhancements to existing products, expanded informational and interactive content, improved personalization capabilities, and the development of subscription-based and API-based services, with longer-term plans for enhanced community engagement tools, multimedia travel content, user-generated travel functionality, and a marketplace allowing users to share and potentially monetize travel itineraries and routes. The Company's independent auditor issued a going concern opinion, and management has acknowledged that the Company currently has limited working capital and has not completed its efforts to establish a stabilized source of revenue sufficient to cover operating costs over an extended period of time. Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses, which will include advances through related party loans, and intends to position itself so that it will be able to raise additional funds through the capital markets. The Company's President, Treasurer, Secretary and Director, Mr. Pedro Henrique Marques Fribel, has agreed to work with no remuneration until such time as the Company receives sufficient revenues necessary to provide management salaries, and there are no formal employment agreements between the Company and its Officer.
View Source Annual Report on SEC.gov ↗
References
- [1] Item 1, Business — Monetization Strategy
- [2] Item 1, Business — Monetization Strategy
- [3] Item 1, Business — Monetization Strategy
- [4] Item 5, Market for Registrant's Common Equity — Use of Proceeds from Registered Securities
- [5] Item 8, Note 4 — Intangible Assets
- [6] Item 8, Note 4 — Intangible Assets
- [7] Item 8, Note 4 — Intangible Assets
- [8] Item 8, Note 4 — Intangible Assets
- [9] Item 8, Note 4 — Intangible Assets
- [10] Item 5, Market for Registrant's Common Equity — Market Information
- [11] Item 8, Note 9 — Subsequent Events
- [12] Item 7, MD&A — Results of Operations
- [13] Item 7, MD&A — Results of Operations
- [14] Item 7, MD&A — Results of Operations
- [15] Item 7, MD&A — Results of Operations
- [16] Item 8, Statements of Operations
- [17] Item 7, MD&A — Liquidity and Capital Resources
- [18] Item 8, Note 7 — Related Party Transactions
- [19] Item 8, Note 7 — Related Party Transactions
- [20] Item 8, Note 4 — Intangible Assets
- [21] Item 8, Note 3 — Summary of Significant Accounting Policies
- [22] Item 8, Note 2 — Going Concern
- [23] Item 8, Note 7 — Related Party Transactions
- [24] Item 8, Statements of Operations
- [25] Item 8, Statements of Operations
- [26] Item 8, Statements of Operations
- [27] Item 8, Statements of Operations
- [28] Item 7, MD&A — Results of Operations
- [29] Item 8, Balance Sheets
- [30] Item 7, MD&A — Liquidity and Capital Resources
- [31] Item 8, Statements of Cash Flows
- [32] Item 8, Statements of Cash Flows
- [33] Item 8, Statements of Cash Flows
- [34] Item 8, Note 2 — Going Concern
- [35] Item 8, Note 8 — Income Taxes
Analysis on 10/29/2026