SFCX
Industry:
Consumer Distribution & Retail

DESCRIPTION

SUPA Consolidated is a shell-stage company with no operating revenue, currently pivoting toward the food technology sector. The company was incorporated in 2014 and has gone through multiple business pivots — originally a consulting firm, then a ridesharing and autonomous vehicle software platform under the name Tribal Rides International. In late 2024, SUPA Consolidated sold its transportation technology IP portfolio, including two U.S. patents, to Boumarang for roughly $5M in Boumarang shares, ending that business. The company's only tangible operational asset is a portfolio of 1,157 commercial ice and water vending machines, acquired in mid-2025 through a share exchange with SUPA Food Services, a related party. These machines are deployed at commercial locations under site contracts, though no vending revenue has been reported. Management has stated an intent to build a food technology business through acquisitions, partnerships, and product initiatives, but no functioning business model is in place. The company is entirely dependent on external financing — from third-party investors, related party support from SUPA Food Services, or monetization of its Boumarang equity stake — to fund operations and carries a going concern qualification.

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