ORGANIZATION AND OPERATIONS |
6 Months Ended |
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Jun. 30, 2026 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| ORGANIZATION AND OPERATIONS | NOTE 1 – ORGANIZATION AND OPERATIONS
Cluster Group Holdings Limited Co. formerly known as China Teletech Holdings Inc. (the “Company”) is a corporation organized under the laws of the state of Florida on March 29, 1999. The operations of China Teletech Holdings Inc. and its subsidiaries were abandoned by the former management and custodianship action was commenced in the year of 2020.
On October 9, 2020, the circuit court of the second judicial circuit in and for Leon County, Florida granted the application for appointment of custodian due to the absence of a functioning board of directors in the Company. The order appointed a custodian to take on any corporation actions on behalf of the Company that would further the interest of its shareholders.
On November 10, 2020, a change of control occurred with respect to the Company to reflect better towards the business direction of the Company.
On November 7, 2024, the Company’s board of director approved a change of the Company’s name from China Teletech Holdings Inc. to Cluster Group Holdings Limited Co. This change was made to better reflect the Company’s strategic direction and business operations.
The Company intends to seek for a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
The Company is an emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies. Specifically, the Company's current activities are subject to significant risks and uncertainties related to its search for a business combination, including, but not limited to: (i) the Company's ability to identify and evaluate suitable target businesses; (ii) the ability to successfully negotiate, finance, and consummate a transaction on terms favorable to the Company; (iii) substantial liquidity risk, as the Company currently has no active operations or recurring revenue to fund its search and ongoing administrative costs; and (iv) the likelihood of significant dilution to the equity interests of existing shareholders if the Company issues additional shares of capital stock to finance its ongoing operations or as consideration to complete a future business combination.
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