Mag Mile Capital, Inc. Files 2023 10-K/A Amendment

TL;DR

Mag Mile Capital (formerly Myson) filed its amended 2023 10-K on 6/20/24. Check for updates.

AI Summary

Mag Mile Capital, Inc. filed an amendment (10-K/A) on June 20, 2024, for its fiscal year ending December 31, 2023. The company, formerly known as Myson, Inc. until August 19, 2021, is incorporated in Oklahoma and operates in the industrial process furnaces & ovens sector. Its principal business address is in Salt Lake City, Utah.

Why It Matters

This filing provides updated financial and operational information for Mag Mile Capital, Inc., crucial for investors and stakeholders to assess the company's performance and outlook.

Risk Assessment

Risk Level: low — This is a routine amendment to a previously filed annual report, indicating no immediate new material risks have been disclosed.

Key Numbers

• 2023-12-31 — Fiscal Year End (Reporting period for the amended 10-K)
• 20240620 — Filing Date (Date the amendment was submitted to the SEC)

Key Players & Entities

• Mag Mile Capital, Inc. (company) — Filer
• Myson, Inc. (company) — Former company name
• 2023-12-31 (date) — Fiscal year end
• 20240620 (date) — Filing date
• Salt Lake City, UT (location) — Business address

FAQ

Key Financial Figures

• $0 — g) of the Exchange Act: Common Stock, $0. 00001 par value (Title of class) I
• $9 billion — personnel have collectively raised over $9 billion in real estate financing during their c
• $149,417 — ly 49% of our revenues of approximately $149,417 were derived from the financings we arr
• $495,000 — a change of control of the Company, for $495,000, pursuant to a Stock Purchase Agreement
• $0.50 — f our common stock at an exercise price $0.50 per warrant share with an exercise peri
• $1.0 billion — h Company As a company with less than $1.0 billion in revenue during our most recently com
• $1.235 billion — ge Commission, or if we issue more than $1.235 billion of non- convertible debt over a three-y

Filing Documents

• form10-ka.htm (10-K/A) — 1007KB
• ex14-1.htm (EX-14.1) — 7KB
• ex31-1.htm (EX-31.1) — 10KB
• ex32-1.htm (EX-32.1) — 7KB
• form10-k_001.jpg (GRAPHIC) — 4KB
• log_001.jpg (GRAPHIC) — 3KB
• audit_002.jpg (GRAPHIC) — 49KB
• 0001493152-24-024391.txt ( ) — 4616KB
• mmcp-20231231.xsd (EX-101.SCH) — 32KB
• mmcp-20231231_cal.xml (EX-101.CAL) — 48KB
• mmcp-20231231_def.xml (EX-101.DEF) — 154KB
• mmcp-20231231_lab.xml (EX-101.LAB) — 261KB
• mmcp-20231231_pre.xml (EX-101.PRE) — 231KB
• form10-ka_htm.xml (XML) — 501KB

Risk Factors

Risk Factors 4 Item 1B. Unresolved Staff Comments 16 Item 1C. Cybersecurity 16 Item 2.

Properties

Properties 17 Item 3.

Legal Proceedings

Legal Proceedings 17 Item 4. Mine Safety Disclosures 17 PART II Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 18 Item 6. [Reserved] 19 Item 7.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 19 Item 7A.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 20 Item 8.

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data F-1 Item 9. Changes In and Disagreements with Accountants on Accounting and Financial Disclosure 21 Item 9A.

Controls and Procedures

Controls and Procedures 21 Item 9B. Other Information 22 Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections. 22 PART III Item 10. Directors, Executive Officers, and Corporate Governance 22 Item 11.

Executive Compensation

Executive Compensation 24 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 27 Item 13. Certain Relationships and Related Transactions, and Director Independence 27 Item 14. Principal Accountant Fees and Services 28 PART IV Item 15. Exhibits and Financial Statement Schedules 28 Item 16. Form 10-K Summary 28

Signatures

Signatures 29 i PART I ITEM 1. DESCRIPTION OF BUSINESS Forward Looking Statements Except for statements of historical fact, the information presented herein constitutes forward-looking statements. These forward-looking statements generally can be identified by phrases such as "anticipates," "believes," "estimates," "expects," "forecasts," "foresees," "intends," "plans," or other words of similar import. Similarly, Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to, our ability to: successfully commercialize our technology; generate revenues and achieve profitability in an intensely competitive industry; compete in products and prices with substantially larger and better capitalized competitors; secure, maintain and enforce a strong intellectual property portfolio; attract additional capital sufficient to finance our working capital requirements, as well as any investment of plant, property and equipment; develop a sales and marketing infrastructure; identify and maintain relationships with third party suppliers who can provide us a reliable source of raw materials; acquire, develop, or identify for our own use, a manufacturing capability; attract and retain talented individuals; continue operations during periods of uncertain general economic or market conditions, and; other events, factors and risks previously and from time to time disclosed in our filings with the Securities and Exchange Commission, including, specifically, the "Risk Factors" enumerated herein. Although we believe the expectations reflected in our forward-looking

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View this 10-K/A filing on SEC EDGAR