M2i Global, Inc. Files 10-Q for Period Ending May 31, 2024

TL;DR

M2i Global filed its Q2 10-Q. Address: 885 Tahoe Blvd, Incline Village, NV.

AI Summary

M2i Global, Inc. filed its 10-Q for the period ending May 31, 2024. The company, formerly known as INKY INC. and M2I Global, Inc., is incorporated in Nevada and operates in the wholesale metals and minerals sector. Its business address is 885 Tahoe Blvd., Incline Village, NV 89451.

Why It Matters

This filing provides investors with an update on M2i Global's financial performance and operational status for the second quarter of fiscal year 2024.

Risk Assessment

Risk Level: low — The filing is a routine quarterly report and does not contain immediate red flags or significant negative news.

Key Numbers

• 20240531 — Reporting Period End Date (Indicates the end of the fiscal quarter covered by the report.)
• 20240711 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
• 1130 — Fiscal Year End (Specifies the month and day when M2i Global's fiscal year concludes.)

Key Players & Entities

• M2i Global, Inc. (company) — Filer of the 10-Q
• INKY INC. (company) — Former company name
• 885 Tahoe Blvd. (location) — Business and mailing address
• Incline Village, NV (location) — City and State of business address
• May 31, 2024 (date) — End of reporting period

FAQ

Key Financial Figures

• $0.001 — er of shares of Common Stock, par value $0.001 per share, outstanding as of July 11, 2
• $72,508 — 2024, the Company had a cash balance of $72,508, as compared to a cash balance of $48,1
• $48,197 — 2,508, as compared to a cash balance of $48,197 at November 30, 2023. The Company incur
• $783,994 — d negative cash flow from operations of $783,994 for the period ended May 31, 2024, as c
• $234,717 — o negative cash flow from operations of $234,717 in the comparable prior year period. Th
• $808,305 — the period ended May 31, 2024, totaled $808,305, as compared to cash flows from financi
• $772,935 — g activities is primarily the result of $772,935 in proceeds from the sale of shares of
• $0 — 1, 2023, the Company's revenues totaled $0. For the six months ended May 31, 2024
• $3,400 — , the Company's revenues totaled $0 and $3,400, respectively. We anticipate the Compan
• $1,348,812 — 24, our operating expenses increased to $1,348,812 compared to $539,140 for the comparable
• $539,140 — ses increased to $1,348,812 compared to $539,140 for the comparable period in 2023. The
• $809,672 — parable period in 2023. The increase of $809,672 was primarily driven by travel and prof
• $2,023,997 — 24, our operating expenses increased to $2,023,997 compared to $570,531 for the comparable
• $570,531 — ses increased to $2,023,997 compared to $570,531 for the comparable period in 2023. The
• $1,453,466 — parable period in 2023. The increase of $1,453,466 was primarily driven by travel and prof

Filing Documents

• form10-q.htm (10-Q) — 401KB
• ex31-1.htm (EX-31.1) — 20KB
• ex31-2.htm (EX-31.2) — 20KB
• ex32-1.htm (EX-32.1) — 8KB
• ex32-2.htm (EX-32.2) — 8KB
• 0001493152-24-026929.txt ( ) — 2103KB
• mtwo-20240531.xsd (EX-101.SCH) — 16KB
• mtwo-20240531_cal.xml (EX-101.CAL) — 26KB
• mtwo-20240531_def.xml (EX-101.DEF) — 64KB
• mtwo-20240531_lab.xml (EX-101.LAB) — 155KB
• mtwo-20240531_pre.xml (EX-101.PRE) — 112KB
• form10-q_htm.xml (XML) — 182KB

— Financial Information

PART I — Financial Information 3

Financial Statements

Item 1. Financial Statements 3 Condensed Consolidated Balance Sheets as of May 31, 2024 (Unaudited) and November 30, 2023 3 Condensed Consolidated Statements of Operations for the Three Months Ended May 31, 2024 and February 28, 2023 (Unaudited) 4 Condensed Consolidated Statements of Changes in Stockholders' Equity (Deficit) for the Three Months Ended May 31, 2024 and February 28, 2023 (Unaudited) 5 Condensed Consolidated Statements of Cash Flows for the Three Months Ended May 31, 2024 and February 28, 2023 (Unaudited) 6 Notes to Unaudited Condensed Consolidated Financial Statements 7

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

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 11

Quantitative and Qualitative Disclosures about Market Risk

Item 3. Quantitative and Qualitative Disclosures about Market Risk 13

Controls and Procedures

Item 4. Controls and Procedures 13

— Other Information

PART II — Other Information 14

Legal Proceedings

Item 1. Legal Proceedings 14

Risk Factors

Item 1A. Risk Factors 14

Unregistered Sales of Equity Securities and Use of Proceeds

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 14

Defaults Upon Senior Securities

Item 3. Defaults Upon Senior Securities 14

Mine Safety Disclosures

Item 4. Mine Safety Disclosures 14

Other Information

Item 5. Other Information 14

Exhibits

Item 6. Exhibits 14

SIGNATURES

SIGNATURES 15 2 PART 1 — FINANCIAL INFORMATION ITEM 1. FINANCIAL STATEMENTS M2i GLOBAL, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) May 31, 2024 November 30, 2023 unaudited audited Assets Current assets Cash $ 72,508 $ 48,197 Prepaids and other current assets 55,362 - Total current assets 127,870 48,197 TOTAL ASSETS $ 127,870 $ 48,197 Liabilities and Stockholders' Equity (Deficit) Current liabilities Accounts payable and accrued expenses $ 1,535,592 $ 237,143 Convertible note, net of discount 260,000 250,000 Note Payable 36,609 $ - Related party loan 641,500 600,000 Total current liabilities 2,473,701 1,087,143 Total Liabilities 2,473,701 1,087,143 Stockholders' equity (deficit) Preferred stock, authorized 100,000 shares, $ .001 par value, 100,000 and 0 shares issued and outstanding, respectively 100 100 Common stock, authorized 1,000,000,000 shares, $ .001 par value, 502,233,691 and 514,333,691 shares issued and outstanding at May 31, 2024 ended November 30, 2023, respectively 502,234 514,334 Treasury stock ( 435,000 ) ( 435,000 ) Additional paid in capital 1,774,446 995,541 Accumulated earnings (deficit) ( 4,187,611 ) ( 2,113,921 ) Total stockholders' (deficit) equity ( 2,345,831 ) ( 1,038,946 ) Total liabilities and stockholders' equity $ 127,870 $ 48,197 The accompanying notes are an integral part of these unaudited condensed consolidated financial statements 3 M2i GLOBAL, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) May 31, 2024 May 31, 2023 May 31, 2024 May 31, 2023 Three Months Ended Six Months Ended May 31, 2024 May 31, 2023 May 31, 2024 May 31, 2023 . . Revenue $ - $ - $ - $ 3,400 Operating expenses General and administrative 495,929 444,188 609,404 475,579 Legal and professional 852,883 - 1,414,593 - Impairment of assets - 94,952 - 94,952 Total operating expenses 1,348,812

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