AGGI: 8-K · other
BILI Social International, Inc. terminated Equiniti Trust Company LLC as its transfer agent effective October 2, 2026, and appointed VStock Transfer, LLC as its new transfer agent and registrar. All shareholder records have been transferred to VStock, which is located in Woodmere, NY. The change was disclosed under Item 8.01 (Other Events) and signed by CEO Adrian Capobianco on October 7, 2026. The filing is purely administrative and carries no financial or operational implications for the company.
AGGI: 10-Q · periodic report
BILI Social International, Inc. (formerly Allied Energy, Inc.) reported six-month revenue of $1,268,205, up 451.3% from $230,028 a year earlier, and swung to net income of $218,215 from a $142,740 loss, driven by its BILI Base social commerce platform and BILI Boost influencer campaign services. Q2 alone produced revenue of $730,686 (+221.6% YoY) and net income of $167,561 at an 84.40% gross margin. Management said the improved results allowed it to formally alleviate the substantial doubt about going concern that previously hung over the company, with working capital of $1,213,434 and operating cash flow turning positive at $155,170, though cash declined to $147,678 after repaying $301,307 of related-party advances. Offsetting the turnaround, management concluded disclosure controls and internal control over financial reporting were not effective at June 30, 2026, citing four material weaknesses including the lack of a functioning audit committee; three independent directors (Robert Fotheringham, Zhenlong Jiao and Henoc Muamba) were appointed June 9, 2026 to begin remediation. The quarter also absorbed a 1-for-500 reverse stock split and name/symbol change to BSCL effective June 5, 2026. Subsequent events include board approval on August 7, 2026 to terminate the Series B Preferred Stock designation and an August 13, 2026 bylaw amendment cutting the shareholder meeting quorum threshold to 33 1/3%, subject to a Schedule 14C information statement.
AGGI: 8-K · amendment
BILI Social International, Inc. filed an 8-K reporting that on August 7, 2026 its Board approved Articles of Amendment filed with the Florida Secretary of State terminating the Series B Preferred Stock designation of 118,000,000 shares originally designated on October 22, 2024. No Series B shares were outstanding at the time, so the termination eliminates a dormant preferred series with no conversion or dilution effect. Following the termination, the company's authorized capital consists of 40,000,000,000 common shares and 120,000,000 preferred shares, each with $0.001 par value. The board retains blank-check authority under Florida Statutes Section 607.0602 to create new preferred series and fix their terms without further shareholder action. The charter amendment is routine housekeeping with no immediate financial impact, though the exceptionally large authorized common share count underscores significant dilution capacity at this micro-cap. Exhibit 3.1 also lists officer/director actions involving Robert Fotheringham, Zhenlong (Joe) Jiao, and Henoc Muamba that the 8-K body itself does not explain.
BILI Social Strengthens Corporate Governance with Appointment of Independent Directors and Formation of Board Committees
AGGI: 8-K · leadership change
BILI Social International, Inc. (fka Allied Energy, Inc.) appointed three new independent directors—Robert Fotheringham, Zhenlong (Joe) Jiao, and Henoc Muamba—to its Board of Directors, increasing the board size from three to six members. The new directors will serve on the Audit, Compensation, and Nominating and Governance Committees, with Fotheringham chairing the Audit and Compensation Committees and Jiao chairing the Nominating and Governance Committee. In connection with their appointments, the Board adopted charters for these committees, a Code of Ethics, and an Insider Trading Policy, and approved a compensation package consisting of an $8,000 annual cash retainer and a $100,000 annual restricted stock grant for each new director.
AGGI: 8-K · reverse split
BILI Social International, Inc. (formerly Allied Energy, Inc.) announced the effective date of a 1-for-500 reverse stock split and a name change, which will take effect on June 5, 2026. The extreme reverse split reduces the outstanding share count from approximately 20.2 billion to 40.4 million shares, a move typically associated with penny stocks attempting to regain compliance with exchange listing standards. The company’s trading symbol will temporarily change to “AGGID” for 20 business days before becoming “BSCL” on the OTC Markets. This filing confirms the corporate actions previously approved by the Board of Directors and shareholders in March 2026, including the amendment to the Articles of Incorporation filed with the State of Florida. The combination of a massive reverse split and a complete rebranding from an energy company to a social media entity suggests a potential shell recapitalization or strategic pivot. Investors should note that fractional shares will be cashed out at the closing price on the day preceding the effective date, and the CUSIP number will change to 019153 204.
Allied Energy, Inc. reported a first-quarter 2026 net income of $50,654, a significant turnaround from a $176,242 loss in the same period last year, driven by $537,519 in revenue from its BILI social commerce platform. Management stated that substantial doubt about the company’s ability to continue as a going concern has been alleviated due to improved operating results and positive working capital of $1,055,529. However, the company disclosed material weaknesses in internal controls, including a lack of a functioning audit committee, and announced a pending 1-for-500 reverse stock split and name change to BILI Social International, Inc., which remains subject to FINRA approval.
Creator Platform Beats Global Field Two Years Running, as Social Content Evolves into Social Commerce
Because I Love It Inc. (BILI Social), a portfolio company of Allied Energy, won the Boldest Marketplace award at the BOLD Awards in Barcelona for the second consecutive year. The creator commerce platform earned a 94% overall score from an international jury, ranking first across criteria including impact, scalability, and transparency. CEO Adrian Capobianco stated the award validates the strategic shift from social content to social commerce and the platform's position in the North American market.
Allied Energy, Inc. (OTC:AGGI) Reports Record 2025 Results with Significant Revenue Growth and Achieves Profitability
Allied Energy reported 2025 financial results highlighted by over 400% year-over-year revenue growth and net income exceeding $1.0 million, marking a transition to profitability. The performance was driven by the expansion of its subsidiary BILI Social, an AI-powered platform facilitating creator monetization and brand campaigns. CEO Adrian Capobianco described the year as a breakout period that validates the company's strategy at the intersection of creators, commerce, and data.