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Welsis Corp
Bulevar Mihajla Pupina 115
BEOGRAD, WY  11070  Serbia Ticker: WLSSWLSS
On 5/3/2024, the Securities and Exchange Commission (SEC) charged BF Borgers CPA PC and its owner, Benjamin F. Borgers, with significant violations of Public Company Accounting Oversight Board (PCAOB) standards across more than 1,500 SEC filings from January 2021 to June 2023. The charges included falsely representing compliance with PCAOB standards to clients, fabricating audit documentation, and inaccurately stating compliance in audit reports. According to the SEC's order, of 369 BF Borgers' clients whose public filings from January 2021 through June 2023 incorporated the firm's audits and reviews, at least 75 percent of the filings incorporated audits and reviews that did not comply with PCAOB standards. The financials in this report may include past audits and reviews conducted by BF Borgers CPA PC that are deemed not compliant with PCAOB standards.
On 3/13/2024, the Company was acquired by Skywest Pinnacle Limited
Business Summary
Welsis Corp is a Serbia-based development stage company, which engages in commencing operations concerned with the virtual psychological therapy, which is also known as teletherapy or telepsychology services. It provides counseling and psychological services for adolescents (from 14 years) and adults, for men and women, therapy for individuals, couples and families. The Company also provides its services to specific communities, such as to the corporative sector of business in a form of corporate group sessions or individual ones. The Company offers online services through its mobile platform application, Psychologist-24. Psychologist-24 offers professional help from therapists covering a range of areas, such as work and career, money, body and health, relationships, family, children, depression and apathy, love support, and low self-esteem, among others.
(Source: 10-K405)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20249/30/2023YesYes---

Industries
SIC Code Description
8049 Offices and clinics of health practitioners, not elsewhere classified
8093 Specialty outpatient facilities, not elsewhere classified
8099 Health and allied services, not elsewhere classified
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Executive Officer, Treasurer, Company Secretary, Director Boon KitKwok 43 4/1/2024 4/1/2024

General Information
Outstanding Shares: 2,752,667 (As of 8/5/2024)
Shareholders: 38
Stock Exchange: OTC


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Wednesday, November 20, 2024