alstocks
9 월 전
Per the filings:
“]During the period ended September 30, 2023, the Company’s director, Jeffrey DeNunzio, paid expenses on behalf of the Company totaling $15,065. The Company’s director, Jeffrey DeNunzio, paid expenses on behalf of the company totaling $27,303 during the year ended June 30, 2023.
These payments were made with no expectation of repayment and are posted as additional paid-in capital. The Company’s CEO, Cassandra DeNunzio, contributed cash totaling $4,001 to the Company during the year ended June 30, 2023. These contributions were made with no expectation of repayment and are posted as additional paid-in capital.”
and the share structure!!!!!!!!!
Good luck to all
AveragePenny
1 년 전
$SHGI A Deep Dive into the Sparx Holdings Group, Inc.’s Smart Sprinkler Prototype
https://www.accesswire.com/770447/A-Deep-Dive-into-the-Sparx-Holdings-Group-Incs-Smart-Sprinkler-Prototype
CRANSTON, RI / ACCESSWIRE / July 26, 2023 / Sparx Holdings Group, Inc. (OTC:SHGI), a fire protection technology company has completed Version 1 of its Sparx™ Smart Sprinkler System prototype. This is a development, proof-of-concept prototype that will be used for testing, further development, and refinement of parts.
The Sparx™ Smart Sprinkler System is intended to work with conventional sprinkler systems to speed up their response times to fire and allow sprinklers to communicate and work together to best address fire hazards. Conventional fire sprinkler heads activate independently of one another when there is a fire, with each sprinkler activating only when it reaches a pre-determined temperature threshold. Conventional sprinklers operate without complex intelligence; each one starts working on its own only when it gets hot enough.
Sparx Holdings Group, Inc. envisions the future of fire suppression with a faster and more intelligent approach, utilizing swift fire detection and leveraging software and electronics to automatically make informed decisions about which sprinklers to activate, where to direct water, and how much water to release. The Company has designed and developed the Sparx™ Smart Sprinkler System to fulfill this vision.
As stated in recent news, the Company has performed testing on its Sensing and Activation Units, a key element of the Sparx™ Smart Sprinkler System prototype. The Sensing and Activation Units effectively and quickly detect fires using temperature, gas, flame, and smoke sensors. Using more sensing methods than a conventional sprinkler allows the Sparx™ Smart Sprinkler System to respond to fires earlier on in fire growth, when the fire size is smaller. This is expected to result in less damage and could also allow the Company to pursue protection applications that conventional fire sprinklers cannot adequately or reasonably protect on their own. The Company anticipates the Sparx™ Smart Sprinkler System providing effective protection for the commercial storage and warehousing industry, particularly in buildings with tall ceiling heights, intricate architectural designs, dense storage arrangements, and the storage of hazardous commodities.
The Company has conducted benchtop testing to ensure each sensor on the Sensing and Activation Unit functions effectively. Through these tests, the Company has confirmed the timely and accurate detection of temperature differentials, fixed temperature thresholds, elevated levels of CO2, flame presence, and smoke presence.
The Sensing and Activation Units have 3D-printed enclosures to house electrical components. Inside the enclosures are custom printed circuit boards created by the Company. The electronics are designed for low-power and the software algorithms developed by the Company allow the units to run on battery power. Batteries are also housed within the Sensing and Activation Units.
The Company has performed a small-scale fire test to demonstrate that the Sparx™ Smart Sprinkler System successfully activates prior to a bulb style conventional fire sprinkler acting alone. A video of this demonstration can be viewed below.
In the video above, The Sparx™ Smart Sprinkler System Sensing and Activation Unit detects the fire faster than the traditional sprinkler head, acting independently, and wirelessly communicates a message to the Base Station which is out of frame of the video. The message reports that there is a fire present. When the Base Station receives this message, it wirelessly communicates a message back to the Sensing and Activation Unit to trigger sprinkler activation. The Sensing and Activation Unit responds by applying an electrical current to the clip mechanism which breaks the sprinkler bulb allowing water to flow. The clip mechanism, which is also developed by the Company, is connected to the Sensing and Activation Unit via the red wire shown in the video.
The Company is working on fine-tuning the prototype with some small dimensional changes to the mechanical designs and making some additional adjustments for ease of installation and reliability. The Company is also beginning to put together a test plan to continue testing the Sensing and Activation Units to verify their robustness, accuracy, and immunity to false alarms.
The Company is working in parallel to build up a full Base Station and expects to unveil this portion of the Sparx™ Smart Sprinkler System prototype in the coming months. Sparx Holdings Group, Inc. also intends to conduct a demo with multiple Sensing and Activation Units in coordination with the Base Station to demonstrate how the system can activate a group of sprinklers surrounding a fire. This test would illustrate the system's coordinated response in a larger setting. While only a single sprinkler is sufficient to extinguish the fire in this video, in a larger setting such as within the storage and warehousing industry, multiple sprinkler activations may be necessary to suppress the seat of the fire and wet nearby areas to prevent the fire from spreading.
Having made significant strides with the Sparx™ Smart Sprinkler Prototype, Sparx Holdings Group, Inc. is enthusiastic and determined to continue our journey. Stay tuned for more news on our progress and our steadfast commitment to revolutionize the fire suppression industry.
AveragePenny
1 년 전
$SHGI Sparx Holdings Group, Inc. Reveals Its First Sparx(TM) Smart Sprinkler Prototype, a Battery-Powered Electronic Fire Sprinkler System that Outsmarts and Outpaces Traditional Methods to Detect and Combat Fires
https://www.accesswire.com/768745/Sparx-Holdings-Group-Inc-Reveals-Its-First-SparxTM-Smart-Sprinkler-Prototype-a-Battery-Powered-Electronic-Fire-Sprinkler-System-that-Outsmarts-and-Outpaces-Traditional-Methods-to-Detect-and-Combat-Fires
CRANSTON, RI / ACCESSWIRE / July 19, 2023 / Sparx Holdings Group, Inc. (OTC PINK:SHGI), a fire protection technology company has completed Version 1 of its Sparx™ Smart Sprinkler System prototype. This is a development, proof-of-concept prototype that will be used for testing, further development, and refinement of parts.
The prototype aims to revolutionize the fire suppression industry by significantly enhancing both the response time of conventional sprinkler systems and their effectiveness in combating complex fires, such as in buildings with tall ceiling heights, intricate architectural designs, crowded storage arrangements, and the storage of hazardous commodities. The prototype interfaces with conventional sprinkler heads, enhancing their responsiveness and enabling effective communication and collaboration among sprinklers to optimize fire response. The Company expects market enthusiasm for the Sparx™ Smart Sprinkler System because it could potentially allow commercial storage and warehousing customers to operate more efficiently and effectively by increasing their storage capacities within the same building footprint.
The Sparx™ Smart Sprinkler System prototype has been developed pursuant to a Patent License Agreement with Sparx Technologies, LLC., owned and controlled by the Company's CEO, Cassandra DeNunzio.
What sets the Sparx™ Smart Sprinkler System apart from its counterparts is its seamless ability to wirelessly communicate with other units, enabling it to be more effective and rapidly respond to challenging fires. Moreover, these sprinkler systems operate on battery power, allowing for ease-of-installation while providing significant cost savings when compared to a hard-wired system.
The Sparx™ Smart Sprinkler System is comprised of three main components: wireless battery-powered sprinkler activation and sensing units, a base station that collects data from the sprinklers and controls sprinkler activations, and an installation and commissioning tool used to set up the system.
Currently, the Company is making significant strides towards the Sparx™ Base Station and the Sparx™ Installation and Commissioning Application, reflecting the Company's unwavering commitment to progress. Simultaneously, the Company is also working on the refinement of Version 1 of the Sparx™ Smart Sprinkler prototype and conducting internal testing.
As depicted in the following video on YouTube one can see how the the Sparx™ activation and sensing unit reacts faster than a traditional bulb style sprinkler head without the addition of the attached Sparx™ unit.
The Company takes immense pride in the remarkable strides it has made within a relatively short timeframe, and it is excited to continue further testing, development, and implementation of its full system into the marketplace in the foreseeable future.
In addition to further testing and refinement, the Company's goal is to conduct a full-scale test program with a third-party agency, a crucial milestone that will enable the Company to bring the system to market.
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