LLPSOTCServices-Business Services, NECUS GAAP · USD

Limitless Projects Inc.

Limitless Projects Inc. is a Wyoming-incorporated software development company focused on computer software systems and mobile applications for commercial and consumer use. Its principal disclosed product is Privacy and Value, an employee-monitoring application designed to measure workplace productivity while incorporating employee privacy protections; development is performed by independent developers under company-directed product specifications.

Revenue0.0m USD
Operating profit (EBIT)-0.1m USD
−17.6 %y/y
Net income-0.1m USD
−17.6 %y/y

Fiscal year 2026 · change from previous year

Development 2021–2026

-0.8-0.6-0.4-0.20.00.2m USD2021: 0.02 m USD20212022: 0.00 m USD2022: EBIT -0.64 m USD20222023: 0.00 m USD2023: EBIT -0.16 m USD20232024: 0.00 m USD2024: EBIT -0.16 m USD20242025: 0.00 m USD2025: EBIT -0.07 m USD20252026: 0.00 m USD2026: EBIT -0.08 m USD20260.00-0.08
RevenueOperating profit (EBIT)

Business

Share of revenue
Privacy and Value software80 %

Employee-monitoring software intended to measure productivity while limiting unnecessary intrusion into employee privacy.

Software development15 %

Development of computer systems and mobile applications for commercial and consumer use.

Commercialization and licensing5 %

Planned third-party distribution, marketing, sales, and potential licensing of company-developed software.

Customers

The intended customers are businesses seeking visibility into employee productivity, particularly where staff work remotely, across locations, or through outsourcing arrangements. Limitless Projects plans to use third parties to sell and market its applications rather than building a direct sales organization. The company also contemplated a joint venture with Cyber Apps World to complete, test, market, and sell Privacy and Value, although the related payment obligation was not fulfilled and the agreement was terminated.

Remote-work employers

Organizations seeking productivity information for employees working away from direct managerial supervision.

Outsourcing-dependent businesses

Companies using overseas employees or independent contractors that need workforce oversight.

Software distribution partners

Third parties expected to market, sell, and launch the applications for end customers.

Commercial and consumer software users

Potential users of future computer systems and mobile applications developed to company specifications.

Strategy

Limitless Projects is prioritizing the development and commercialization of Privacy and Value through third-party sales and marketing channels. Its product strategy is built around differentiating productivity monitoring from invasive surveillance by combining employer reporting with employee privacy protections. The company expects to seek additional equity or debt capital to fund software development and ongoing operating requirements, while its prior Cyber Apps transaction illustrates the importance of securing a viable commercialization partner.

Product developmentShort term

A commercially usable product is necessary before the company can generate meaningful software sales.

Third-party commercializationMedium term

External distributors could provide sales reach without requiring a large internal marketing organization.

Capital formationShort term

Additional funding is needed to support development and satisfy operating obligations.

Geography

Limitless Projects is incorporated in Wyoming and its disclosed business is organized from the United States. The company uses independent software and application developers, but the reports do not identify their locations or provide revenue by country or region. Geographic exposure is therefore best understood as dependent on the locations of future customers, distribution partners, and development contractors rather than on a disclosed operating footprint.

Risks

The company has limited operating history and remains dependent on completing an uncommercialized software product, securing financing, and finding effective distribution partners. Its auditor has expressed substantial doubt about its ability to continue as a going concern, while liabilities consist largely of accounts payable and accrued liabilities and available current assets are limited. Product adoption may also be constrained by privacy concerns, workplace-surveillance regulation, cybersecurity exposure, and competition from established monitoring and workforce-management platforms.

Sorted by severity
Going-concern and financing riskCritical

The auditor reported substantial doubt about continuity, and management expects additional equity or debt capital.

Exposure: Development funding and payment of accrued obligations

Product commercialization riskHigh

Privacy and Value remains under development and has not demonstrated recurring customer demand.

Exposure: Future software revenue and intellectual-property value

Distribution-partner riskHigh

The planned Cyber Apps transaction ended after the required $250,000 payment was not made.

ExposureSalesMarketingLaunch capabilities
Privacy and regulatory riskHigh

Employee monitoring can trigger employee resistance, data-protection obligations, and changing workplace-surveillance rules.

ExposureProduct designAdoptionLegal compliance
Cybersecurity riskHigh

Monitoring software processes potentially sensitive workforce and device information that could be compromised.

ExposureCustomer trustLiabilitiesMarket acceptance

Accounting

Judgemental items
Software development capitalization and impairment

The company reports purchases of fixed assets and software development costs; capitalization choices affect assets, expenses, and future impairment charges.

Impact: Reported assets and operating losses

Intellectual-property valuation

Privacy and Value was independently valued at approximately $2.2 million in connection with the proposed Cyber Apps transaction.

Impact: Potential valuation, impairment, and transaction-accounting effects

Revenue recognition for future software arrangements

Licensing, sale, or third-party distribution contracts could require judgments about performance obligations and the timing of revenue.

Impact: Revenue timing and deferred revenue

Going-concern assessment

The auditor expressed substantial doubt about continuation, while management expects additional financing.

Impact: Financial statement disclosures and liquidity interpretation

Accounts payable and accrued liabilities

Liabilities are primarily unpaid obligations, including software development-related invoices, and changes can materially affect reported cash flow.

Impact: Working capital and operating cash flow

Publicly listed companies with a comparable business focus.

Last updated: 08/09/2026