My City Builders, INC. (MYCB) — SEC Filings

Overview

My City Builders, INC. (MYCB) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Dec 15, 2025: My City Builders, Inc. (MYCB) reported a net loss of $32,137 for the three months ended October 31, 2025, a significant improvement from the $74,485 net loss in the prior-year period, primarily due to the absence of discontinued operations loss. Revenue remained at $0 for both periods. Operating exp

Sentiment Summary

Across 17 filings, the sentiment breakdown is: 2 bearish, 13 neutral, 2 mixed. The dominant filing sentiment for My City Builders, INC. is neutral.

Filing Type Overview

My City Builders, INC. (MYCB) has filed 6 10-Q, 7 8-K, 2 10-K, 1 8-K/A, 1 SC 13D with the SEC between Jan 2024 to Dec 2025.

Filings by Year

2025 · 2024

Recent Filings (17)

• My City Builders' Assets Soar 778% on Land Deal, Despite Zero Revenue — 10-Q · Dec 15, 2025 Risk: high
  My City Builders, Inc. (MYCB) reported a net loss of $32,137 for the three months ended October 31, 2025, a significant improvement from the $74,485 net loss in
• My City Builders Reports Unregistered Equity Sale — 8-K · Dec 12, 2025 Risk: medium
  My City Builders, Inc. reported on December 1, 2025, an unregistered sale of equity securities. The company, incorporated in Nevada, is involved in the Real Est
• My City Builders Sheds Subsidiary, Pivots to Multi-Family Development — 10-K · Nov 13, 2025 Risk: high
  My City Builders, Inc. (MYCB) reported a significant strategic shift and financial challenges for the fiscal year ended July 31, 2025. The company sold its whol
• My City Builders Files 8-K on Material Agreements & Acquisitions — 8-K · Oct 31, 2025 Risk: medium
  My City Builders, Inc. filed an 8-K on October 31, 2025, reporting several material events. These include entering into a material definitive agreement, complet
• My City Builders Narrows Loss, Boosts Rental Income — 10-Q · Sep 25, 2025 Risk: medium
  My City Builders, Inc. (MYCB) reported a significant reduction in net loss for the nine months ended April 30, 2025, decreasing to $215,051 from $1,174,411 in t
• My City Builders, Inc. Reports Key Business Events — 8-K · Aug 19, 2025 Risk: medium
  My City Builders, Inc. (formerly iMine Corp, DIAMANTE MINERALS, INC., and OCONN INDUSTRIES CORP) filed an 8-K on August 19, 2025, reporting events as of July 8,
• My City Builders Faces Loan Repayments & Customer Risk — 10-Q · Mar 17, 2025 Risk: medium
  My City Builders, Inc. filed a 10-Q for the period ending January 31, 2025. The company has a loan with principal and interest due in two annual installments of
• My City Builders Q1 2025: Customer Risk Focus — 10-Q · Dec 13, 2024 Risk: medium
  My City Builders, Inc. reported its Q1 2025 results for the period ending October 31, 2024. The company's fiscal year ends on July 31st. The filing also notes a
• My City Builders Changes Auditors — 8-K · Nov 19, 2024 Risk: medium
  My City Builders, Inc. filed an 8-K on November 18, 2024, to report a change in its certifying accountant. The company has dismissed its previous independent re
• My City Builders, Inc. Files 2024 10-K — 10-K · Oct 29, 2024 Risk: low
  My City Builders, Inc. filed its 10-K for the fiscal year ending July 31, 2024. The company, formerly known as iMine Corp, is based in Miami, Florida. The filin
• My City Builders, Inc. Files 10-Q — 10-Q · Jun 10, 2024 Risk: low
  My City Builders, Inc. filed a 10-Q for the period ending April 30, 2024. The company, formerly known as iMine Corp, Diamante Minerals, Inc., and OCONN INDUSTRI
• My City Builders, Inc. Files 10-Q for Period Ending 2024-01-31 — 10-Q · Mar 15, 2024 Risk: low
  My City Builders, Inc. (MYCB) filed a Quarterly Report (10-Q) with the SEC on March 15, 2024. My City Builders, Inc. filed a 10-Q for the period ending January
• My City Builders Changes Certifying Accountant — 8-K · Feb 28, 2024 Risk: low
  My City Builders, Inc. (MCBI) filed an 8-K on February 28, 2024, reporting a change in its certifying accountant. The company, incorporated in Nevada with IRS E
• My City Builders Amends 8-K Filing for Financial Statements — 8-K/A · Feb 21, 2024 Risk: low
  My City Builders, Inc. filed an 8-K/A on February 21, 2024, amending a previous report from February 15, 2024. The filing, under SEC File Number 000-55233, pert
• My City Builders Changes Accountants — 8-K · Feb 20, 2024 Risk: medium
  My City Builders, Inc. (OTCPK: MCBI) filed an 8-K on February 20, 2024, reporting a change in its certifying accountant, effective February 15, 2024. This filin
• My City Builders Files Routine 8-K, No New Material Events — 8-K · Jan 29, 2024
  My City Builders, Inc. filed an 8-K on January 29, 2024, reporting an event that occurred on January 23, 2024. This filing is a standard current report, indicat
• Pittilloni Takes Significant Stake in My City Builders — SC 13D · Jan 22, 2024
  Francis Pittilloni has filed an SC 13D, indicating he has acquired a significant stake in My City Builders, Inc. (formerly iMine Corp and OCONN Industries Corp)

Risk Profile

Risk Assessment: Of MYCB's 15 recent filings, 2 were flagged as high-risk, 8 as medium-risk, and 5 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.

Financial Highlights

Key financial metrics from My City Builders, INC.'s most recent 10-Q filing (Dec 15, 2025):

• Revenue: $0
• Net Income: $-32,137
• EPS: $-0.00
• Debt-to-Equity: N/A
• Cash Position: $2,099
• Operating Margin: N/A
• Total Assets: $375,832
• Total Debt: $403,500

Key Executives

• Frank Gillen
• Michael Colvard
• Frank Campanaro

Industry Context

The real estate development sector, particularly multi-family housing, is influenced by interest rates, construction costs, and local market demand. Companies like My City Builders, Inc. often face challenges in securing financing and managing project timelines. The current environment may present opportunities for acquiring land at potentially lower valuations, but also carries risks related to development execution and market absorption.

Top Tags

real-estate (5) · corporate-governance (4) · Real Estate Development (3) · 10-Q (3) · Related Party Transactions (2) · Liquidity Risk (2) · Low-Income Housing (2) · acquisition (2) · customer-concentration (2) · accountant-change (2)

Key Numbers

• Revenue: $0 — No revenue generated for the three months ended October 31, 2025 and 2024.
• Net Loss: $32,137 — Net loss for the three months ended October 31, 2025, an improvement from $74,485 in the prior year.
• Total Assets: $375,832 — Increased from $42,812 on July 31, 2025, primarily due to land acquisition.
• Promissory Note - Related Party: $350,000 — New liability for the acquisition of 4 acres of land in Glencoe, Alabama.
• Total Liabilities: $403,500 — Increased from $38,343 on July 31, 2025, mainly due to the promissory note.
• Cash: $2,099 — Cash balance as of October 31, 2025, a slight decrease from $2,189.
• Interest Rate: 9.5% — Annual interest rate on the $350,000 promissory note.
• Construction Deadline: 1 year — Timeframe to begin construction on the Glencoe property to avoid default on the promissory note.
• Common Stock Shares Outstanding: 17,926,686 — As of December 8, 2025.
• Accumulated Deficit: $4,925,469 — As of October 31, 2025, indicating historical losses.
• Sale price of RAC Real Estate Acquisition Corp.: $2,374,896 — Total purchase amount for the subsidiary on July 8, 2025
• Loss from discontinued operations: $162,513 — Recognized due to the disposal of RAC Real Estate Acquisition Corp. and RAC Gadsden LLC
• Loss on disposal of two entities: $230,730 — Recognized from the sale of RAC Real Estate Acquisition Corp. and RAC Gadsden LLC
• Impairment loss in 2024: $947,500 — Related to the RAC FIXPADS II, LLC joint venture
• Impairment loss in 2023: $1,732,000 — Related to the RAC FIXPADS II, LLC joint venture

Related Companies

MCB

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