M2i Global, Inc. Files Q3 2024 10-Q
Ticker: MTWO · Form: 10-Q · Filed: Oct 22, 2024 · CIK: 1753373
Sentiment: neutral
Topics: 10-Q, financials, company-update
TL;DR
M2i Global (MI) filed its 10-Q for Aug 31, 2024. Check financials.
AI Summary
M2i Global, Inc. filed its quarterly report for the period ending August 31, 2024. The company, formerly known as INKY INC., is incorporated in Nevada and operates in the wholesale metals and minerals sector. Its principal business address is in Incline Village, Nevada.
Why It Matters
This filing provides investors with an update on M2i Global's financial performance and operational status for the third quarter of fiscal year 2024.
Risk Assessment
Risk Level: low — This is a standard quarterly filing providing financial updates, not indicating immediate significant risk.
Key Players & Entities
- M2i Global, Inc. (company) — Filer of the 10-Q
- INKY INC. (company) — Former name of M2i Global, Inc.
- 2024-08-31 (date) — End of the reporting period
- 2024-10-22 (date) — Date of filing
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended August 31, 2024.
What was M2i Global, Inc. formerly known as?
M2i Global, Inc. was formerly known as INKY INC., with a name change effective June 15, 2023.
In which state is M2i Global, Inc. incorporated?
M2i Global, Inc. is incorporated in Nevada (NV).
What is the primary business address of M2i Global, Inc.?
The primary business address of M2i Global, Inc. is 885 Tahoe Blvd., Incline Village, NV 89451.
What is the Standard Industrial Classification (SIC) code for M2i Global, Inc.?
The SIC code for M2i Global, Inc. is 5050, which falls under Wholesale - Metals, Minerals (no petroleum).
Filing Stats: 4,693 words · 19 min read · ~16 pages · Grade level 12.4 · Accepted 2024-10-21 17:37:27
Filing Documents
- form10-q.htm (10-Q) — 806KB
- ex31-1.htm (EX-31.1) — 12KB
- ex31-2.htm (EX-31.2) — 11KB
- ex32-1.htm (EX-32.1) — 5KB
- ex32-2.htm (EX-32.2) — 5KB
- 0001493152-24-041827.txt ( ) — 2804KB
- mtwo-20240831.xsd (EX-101.SCH) — 19KB
- mtwo-20240831_cal.xml (EX-101.CAL) — 27KB
- mtwo-20240831_def.xml (EX-101.DEF) — 77KB
- mtwo-20240831_lab.xml (EX-101.LAB) — 215KB
- mtwo-20240831_pre.xml (EX-101.PRE) — 159KB
- form10-q_htm.xml (XML) — 209KB
SIGNATURES
SIGNATURES 15 2 PART 1 — FINANCIAL INFORMATION ITEM 1. FINANCIAL STATEMENTS M2i GLOBAL, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) August 31, 2024 November 30, 2023 unaudited Assets Current assets Cash $ 28,213 $ 48,197 Prepaids and other current assets 31,107 - Total current assets 59,320 48,197 TOTAL ASSETS $ 59,320 $ 48,197 Liabilities and Stockholders' (Deficit) Current liabilities Accounts payable and accrued expenses $ 1,650,056 $ 237,143 Convertible note, net of discount 265,000 250,000 Note Payable 11,815 $ - Related party loan 211,500 600,000 Total current liabilities 2,138,371 1,087,143 Total Liabilities 2,138,371 1,087,143 Stockholders' (deficit) Preferred stock, authorized 100,000 shares, $ .001 par value, 100,000 and 100,000 shares issued and outstanding, respectively 100 100 Common stock, authorized 1,000,000,000 shares, $ .001 par value, 517,667,025 and 514,333,691 shares issued and outstanding at August 31, 2024 ended November 30, 2023, respectively 517,667 514,334 Treasury stock ( 435,000 ) ( 435,000 ) Additional paid in capital 2,763,193 995,541 Accumulated (deficit) ( 4,925,011 ) ( 2,113,921 ) Total stockholders' (deficit) ( 2,079,051 ) ( 1,038,946 ) Total liabilities and stockholders' deficit $ 59,320 $ 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) Three Months Ended Nine Months Ended August 31, 2024 August 31, 2023 August 31, 2024 August 31, 2023 . . Revenue $ - $ - $ - $ 3,400 Operating expenses General and administrative 188,079 451,991 797,483 536,449 Legal and professional 528,467 994,407 1,943,060 1,385,528 Impairment of assets - - - 94,952 Total operating expenses 716,546 1,446,398 2,740,543 2,016,929 Loss from operations ( 716,546 )