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Netbrands Corp
4042 Austin Blvd Ste B, Island Park
Phone: (310) 888-1870p:310 888-1870 ISLAND PARK, NY  11558-1226  United States Ticker: NBNDNBND
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.
Business Summary
NetBrands Corp. is an early stage diversified holdings company. The Company sells multiple products under common management, with one of them a global multi-line consumer packaged goods (CPG) company with branded product lines in the food and snack industry. This division operates as marketer and distributor in the United States, Canada, and Europe. Another division is focused and involved in building and acquiring e-commerce assets as well as private businesses in various verticals. It sells its food and snack products directly in the United States and global markets through various distribution channels comprising specialty, grocery retailers, food-service distributors, and direct store delivery, as well as the vending, pantry, and the micro-market segment. It owns six trademark brands, such as Biscottelli, Dolcibono, Bonbons de Paris, Fruttata, Coco Bliss, and Ezlyv. Its Website serves as a snack marketplace which carry its own branded products and other gourmet snacks and products.
(Source: 10-K)

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
12/31/202312/31/2023YesYes---

Industries
SIC Code Description
2052 Cookies and crackers
2096 Potato chips, corn chips, and similar snacks
2099 Food preparations, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President, Chief Financial Officer, Treasurer, Company Secretary, Director PaulAdler 46 6/13/2018 6/13/2018
President, Secretary & Director JamesCassidy
Independent Director James C.Donegan 65 2/24/2021 2/24/2021
3 additional Officers and Directors records available in full report.

Business Names
Business Name
GDMK
Global Diversified Holdings, Inc.
NBND

General Information
Number of Employees: 1 (As of 12/31/2023)
Outstanding Shares: 17,360,756 (As of 4/15/2024)
Shareholders: 34
Stock Exchange: OTC
Federal Tax Id: 823707673
Fax Number: (302) 531-3150


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Friday, May 10, 2024