M2i Global, Inc. Files 2023 Annual Report on Form 10-K

TL;DR

<b>M2i Global, Inc. has filed its 2023 annual report on Form 10-K, detailing its operations and financial standing for the fiscal year ending November 30, 2023.</b>

AI Summary

M2i Global, Inc. (MTWO) filed a Annual Report (10-K) with the SEC on April 16, 2024. M2i Global, Inc. (formerly INKY INC.) filed its annual report on Form 10-K for the fiscal year ended November 30, 2023. The company's principal business address is 885 Tahoe Blvd., Incline Village, NV 89451. The filing covers the fiscal year from December 1, 2022, to November 30, 2023. M2i Global, Inc. was incorporated in Nevada. The company's Standard Industrial Classification code is 5050 (Wholesale-Metals, Minerals (No Petroleum)).

Why It Matters

For investors and stakeholders tracking M2i Global, Inc., this filing contains several important signals. This 10-K filing provides a comprehensive overview of M2i Global's financial performance, business operations, and risk factors for the fiscal year 2023, which is crucial for investors to assess the company's current health and future prospects. The filing includes details on the company's structure, including its former names (M2I Global, Inc. and INKY INC.), and its incorporation in Nevada, offering context for its corporate history and legal standing.

Risk Assessment

Risk Level: low — M2i Global, Inc. shows low risk based on this filing. The provided text is only the header of the 10-K filing and does not contain financial statements or detailed operational information, making a comprehensive risk assessment impossible.

Analyst Insight

Review the full 10-K filing for detailed financial statements, management discussion, and risk factors to understand M2i Global's performance and outlook.

Key Numbers

• 2023-11-30 — Fiscal Year End (The reporting period for the 10-K filing.)
• 2024-04-16 — Filing Date (The date the 10-K was filed with the SEC.)
• 5050 — SIC Code (Standard Industrial Classification for Wholesale-Metals, Minerals (No Petroleum).)
• NV — State of Incorporation (The state where M2i Global, Inc. is incorporated.)

Key Players & Entities

• M2i Global, Inc. (company) — Filer name
• INKY INC. (company) — Former company name
• 885 Tahoe Blvd. (location) — Business address
• Incline Village, NV (location) — Business address city and state
• NV (location) — State of incorporation
• 2023-11-30 (date) — Fiscal year end
• 2024-04-16 (date) — Filing date
• 5050 (other) — Standard Industrial Classification

FAQ

Industry Context

M2i Global, Inc. operates within the wholesale trade sector, specifically focusing on metals and minerals, excluding petroleum.

Regulatory Implications

The company is subject to SEC regulations as a publicly traded entity, requiring annual filings like the 10-K under the Securities Exchange Act of 1934.

What Investors Should Do

1. Obtain and review the complete 10-K filing to analyze M2i Global's financial statements, including revenue, net income, and balance sheet data.
2. Examine the 'Management's Discussion and Analysis of Financial Condition and Results of Operations' section for insights into the company's performance drivers and outlook.
3. Carefully read the 'Risk Factors' section to understand potential challenges and threats to M2i Global's business.

Key Dates

• 2023-11-30: Fiscal Year End — Marks the end of the reporting period for the 10-K.
• 2024-04-16: Filing Date — The date the 10-K was officially submitted to the SEC.

Year-Over-Year Comparison

This is the initial header information for the 2023 10-K filing. Detailed comparative data from the previous year's filing is not available in this excerpt.

Key Financial Figures

• $1,000 — ock in exchange for a purchase price of $1,000 per year. The BDA may be terminated by
• $2,000,000 — nities. In exchange, Lyons will receive $2,000,000 per year in either cash or shares of US
• $200 — s will be issued at a purchase price of $200 per year). Pursuant to the Agreement a
• $20 — rst two years of operation will require $20-30 million. Our aim is to obtain govern
• $435,000 — s common stock from Ioanna Kallidou for $435,000 (the "Treasury Stock Repurchase"). It
• $3,400 — and 2022 we generated total revenue of $3,400 and $1,000, respectively. Operating e
• $1,982,836 — ember 30, 2023, operating expenses were $1,982,836, compared to $67,442 for the year ended
• $67,442 — g expenses were $1,982,836, compared to $67,442 for the year ended November 30, 2022. O
• $1,915,394 — on of our business. The net increase of $1,915,394 in operating expenses was primarily a r
• $1,990,162 — rs ended November 30, 2023 and 2022 was $1,990,162 and $66,442, respectively. 10 Liquid
• $66,442 — er 30, 2023 and 2022 was $1,990,162 and $66,442, respectively. 10 Liquidity and Capi
• $48,197 — ember 30, 2023, the Company had cash of $48,197 and $114 as of November 30, 2022. Furth
• $114 — 23, the Company had cash of $48,197 and $114 as of November 30, 2022. Furthermore, t
• $1,974,353 — ompany had a working capital deficit of $1,974,353 and $108,369 as of November 30, 2023 an
• $108,369 — rking capital deficit of $1,974,353 and $108,369 as of November 30, 2023 and 2022, respe

Filing Documents

• form10-k.htm (10-K) — 601KB
• ex31-1.htm (EX-31.1) — 19KB
• ex31-2.htm (EX-31.2) — 19KB
• ex32-1.htm (EX-32.1) — 10KB
• form10-k_001.jpg (GRAPHIC) — 16KB
• form10-k_002.jpg (GRAPHIC) — 22KB
• form10-k_003.jpg (GRAPHIC) — 37KB
• form10-k_004.jpg (GRAPHIC) — 11KB
• 0001493152-24-014827.txt (&nbsp;) — 2967KB
• mtwo-20231130.xsd (EX-101.SCH) — 21KB
• mtwo-20231130_cal.xml (EX-101.CAL) — 33KB
• mtwo-20231130_def.xml (EX-101.DEF) — 57KB
• mtwo-20231130_lab.xml (EX-101.LAB) — 233KB
• mtwo-20231130_pre.xml (EX-101.PRE) — 171KB
• form10-k_htm.xml (XML) — 207KB

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

Management's Discussion and Analysis of Financial Condition and Results of Operations. 10 Item 7A.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk. 11 Item 8.

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data. 11 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure. 12 Item 9A.

Controls and Procedures

Controls and Procedures. 12 Item 9B. Other Information. 14 Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections. 14 PART III Item 10 Directors, Executive Officers and Corporate Governance. 14 Item 11.

Executive Compensation

Executive Compensation. 16 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. 18 Item 13. Certain Relationships and Related Transactions, and Director Independence. 20 Item 14. Principal Accountant Fees and Services. 20 PART IV Item 15. Exhibit and Financial Statement Schedules. 20 Item 16. Form 10-K Summary. 21

Signatures

Signatures 22 2 PART I Item 1. Business Unless otherwise stated or the context requires otherwise, references in this annual report on Form 10-K to "we," "us," "our," the "Company," "M2i," and "our Company" refer to M2i Global, Inc., a Nevada corporation, and its subsidiaries. OUR

BUSINESS

BUSINESS Our Vision Our vision is to develop a world-class portfolio of critical minerals and materials projects. The diversity of our portfolio would provide an integrated solution to the challenges facing the critical minerals and materials industry. The Global Energy Transition Renewable energy is expected to overtake coal by 2025 as the world's largest source of electricity ( Source: "The Clean Energy Future is Arriving Faster Than You Think," NY Times, August 12, 2023). The growth in renewable energy is exponential. In the U.S., the Secretary of Energy pursuant to authority under the Energy Act of 2020 determines the list of critical minerals and materials. The final 2022 list of critical minerals includes the following 50 minerals: Aluminum, antimony, arsenic, barite, beryllium, bismuth, cerium, cesium, chromium, cobalt, dysprosium, erbium, europium, fluorspar, gadolinium, gallium, germanium, graphite, hafnium, holmium, indium, iridium, lanthanum, lithium, lutetium, magnesium, manganese, neodymium, nickel, niobium, palladium, platinum, praseodymium, rhodium, rubidium, ruthenium, samarium, scandium, tantalum, tellurium, terbium, thulium, tin, titanium, tungsten, vanadium, ytterbium, yttrium, zinc, and zirconium. The vital market for critical minerals and metals is the enabling component of the vital transition of the energy market. The infrastructure requirement for clean energy is dependent on the availability of the raw materials that these minerals represent. The future of the nation's economic security and our national defense industry is reliant on an uninterrupted supply chain of minerals and metals. Nickel, lithium, cobalt, and graphite are used in batteries. Rare-earth minerals such as neodymium and samarium are essential to the magnets of wind turbines and electric motors. An unstable supply of these minerals threatens the continued growth of renewable energy. The chart in figure 1 depicts the projected growth of the demand for specific

View Full Filing

View this 10-K filing on SEC EDGAR