Kid Castle Educational Corporation (KDCE) is a Delaware holding company with no meaningful operating business. KDCE's stated strategy is to acquire and roll up AI, machine learning, and robotics businesses across the U.S., holding acquisitions through wholly-owned special purpose entities and extracting value through operational improvement. The company operates as a subsidiary supporting Video River Networks (NIHK). KDCE plans to fund acquisitions through a mix of debt and equity, including common stock, preferred stock, and long-term notes — but has yet to complete any acquisition under this strategy, has no credit agreements in place, and generates no operating cash flow with just six employees. The company has gone through several transformations since its founding in 1985 as an industrial door assembler: it became a U.S. parent of a Taiwan-based English language instruction business, then pivoted to CBD operations following a 2019 acquisition by Cannabinoid Biosciences, before shifting to its current AI and robotics focus. Earlier acquisition targets in CBD fell apart due to COVID-19 disrupting financing. The SEC suspended trading in KDCE stock in January 2020 over concerns about corporate control disclosures. KDCE received 100% of Alpharidge Capital in December 2021 through a series of asset swaps, and now operates under the Video River Networks umbrella.