SEC Comment Letter for Privacy & Value Inc. (CIK 0001860173) — Jan 28, 2026
Privacy & Value Inc. (CIK 0001860173)
Date: Jan. 28, 2026 · CIK: 0001860173 · Accession: 0000000000-26-001038
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 333-256885
Letter
January 28, 2026 Daniel Okelo Chief Executive Officer Privacy & Value Inc. 2261 Rosanna Street Las Vegas, NV 89117 Re:Privacy & Value Inc. Form 10-K for the year ended July 31, 2025 File No. 333-256885 Dear Daniel Okelo: We have limited our review of your filing to the financial statements and related disclosures and have the following comments. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Form 10-K for the year ended July 31, 2025 Report of Independent Registered Public Accounting Firm, page F-1 1.Please amend to provide an audit opinion for the most recent two fiscal years, as presented in your financial statements. In this regard, the current opinion does not opine on the financial statements for the fiscal year ended July 31, 2024. Refer to Item 8-02 of Regulation S-X. Notes to the Audited Financial Statements Note 3. Summary of Significant Accounting Policies Recently Adopted and Recently Enacted Accounting Pronouncements, page F-9 2.Please revise to discuss the potential effects of adopting recently issued accounting standards. In this regard, we note your current disclosure addresses accounting standards that were already effective for prior fiscal years from 2018 through 2020, but you state you are still currently evaluating the impact of the guidance. Refer to SAB Topic 11.M.
January 28, 2026 Page 2 In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Brittany Ebbertt at 202-551-3572 or Kathleen Collins at 202-551-3499 with any questions. Sincerely, Division of Corporation Finance Office of Technology cc:Greg Yanke
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January 28, 2026
Daniel Okelo
Chief Executive Officer
Privacy & Value Inc.
2261 Rosanna Street
Las Vegas, NV 89117
Re:Privacy & Value Inc.
Form 10-K for the year ended July 31, 2025
File No. 333-256885
Dear Daniel Okelo:
We have limited our review of your filing to the financial statements and related
disclosures and have the following comments.
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments.
Form 10-K for the year ended July 31, 2025
Report of Independent Registered Public Accounting Firm, page F-1
1.Please amend to provide an audit opinion for the most recent two fiscal years, as
presented in your financial statements. In this regard, the current opinion does not opine
on the financial statements for the fiscal year ended July 31, 2024. Refer to Item 8-02 of
Regulation S-X.
Notes to the Audited Financial Statements
Note 3. Summary of Significant Accounting Policies
Recently Adopted and Recently Enacted Accounting Pronouncements, page F-9
2.Please revise to discuss the potential effects of adopting recently issued accounting
standards. In this regard, we note your current disclosure addresses accounting standards
that were already effective for prior fiscal years from 2018 through 2020, but you state
you are still currently evaluating the impact of the guidance. Refer to SAB Topic 11.M.
January 28, 2026
Page 2
In closing, we remind you that the company and its management are responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or
absence of action by the staff.
Please contact Brittany Ebbertt at 202-551-3572 or Kathleen Collins at 202-551-3499
with any questions.
Sincerely,
Division of Corporation Finance
Office of Technology
cc:Greg Yanke