Pittilloni Takes Significant Stake in My City Builders

TL;DR

**New investor Francis Pittilloni just took a big stake in My City Builders, signaling potential shake-ups.**

AI Summary

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) as of January 19, 2024. This filing suggests Pittilloni may seek to influence the company's management or strategic direction. For investors, this could signal potential changes in company operations or governance, which might impact stock performance.

Why It Matters

A new major shareholder like Francis Pittilloni could push for strategic changes at My City Builders, potentially affecting its business model or leadership, which directly impacts the stock's future value.

Risk Assessment

Risk Level: medium — The entry of a new significant shareholder can lead to unpredictable changes in company strategy or management, creating both opportunities and risks for existing investors.

Analyst Insight

Investors should monitor My City Builders, Inc. news for any announcements regarding Francis Pittilloni's intentions or potential changes in company strategy, as this could signal future stock volatility or opportunities.

Key Numbers

• $0.001 — Par Value Per Share (Par value of My City Builders, Inc. Common Stock)
• 45250D103 — CUSIP Number (Identifier for My City Builders, Inc. Common Stock)
• 01/19/2024 — Date of Event (Date requiring the filing of this statement)

Key Players & Entities

• My City Builders, Inc. (company) — the subject company of the filing
• Pittilloni Francis (person) — the reporting person who acquired shares
• Pearson Butler, LLC (company) — legal counsel for the reporting person
• Kyle T. Hampton, Esq. (person) — attorney authorized to receive notices
• iMine Corp (company) — former name of My City Builders, Inc.
• DIAMANTE MINERALS, INC. (company) — former name of My City Builders, Inc.
• OCONN INDUSTRIES CORP (company) — former name of My City Builders, Inc.

Forward-Looking Statements

• Francis Pittilloni will seek a board seat or management influence at My City Builders, Inc. (My City Builders, Inc.) — medium confidence, target: Within 6-12 months
• My City Builders, Inc. may announce a strategic review or operational changes. (My City Builders, Inc.) — low confidence, target: Within 3-6 months

FAQ

Key Financial Figures

• $0.001 — n its charter) Common Stock, Par Value $0.001 Per Share (Title of Class of Securiti
• $2,850,000 — ns to the Issuer in the total amount of $2,850,000. In consideration of this debt, PreChec

Filing Documents

• jrvs_sc13d.htm (SC 13D) — 46KB
• 0001640334-24-000109.txt ( ) — 48KB

Security and Issuer

Item 1. Security and Issuer The class of equity securities to which this statement relates is common stock, at a par value of $0.001 per share (collectively, the "Shares"), of My City Builders, Inc., a Nevada corporation (the "Issuer"). The principal executive offices of the Issuer are located at 100 Biscayne Blvd., #1611, Miami, FL 33132.

Identity and Background

Item 2. Identity and Background This Schedule 13D is filed by Francis Pittilloni (the "Reporting Person"). The Reporting Person's address is 100 Biscayne Blvd., Suite 1611, Miami, FL 33132. The Reporting Person's principal business is a director of the Issuer and also is the Chief Operating Officer and director of PreCheck Health Services, Inc. ("PreCheck"). During the past five years, the Reporting Person (a) has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) and (b) was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction, where, as a result of such proceeding, was or is subject to a judgment, decree or final order enjoying future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. The Reporting Person is a citizen of the United States of America.

Source and Amount of Funds or Other Consideration

Item 3. Source and Amount of Funds or Other Consideration At various times in the past, PreCheck, of which the Reporting Person is an officer and director, made loans to the Issuer in the total amount of $2,850,000. In consideration of this debt, PreCheck and the Issuer agreed to exchange the debt for a total of 11,400,000 Shares. PreCheck and the Issuer further agreed that 3,800,000 Shares of the 11,400,000 Shares would be issued to the Reporting Person.

Purpose of Transaction

Item 4. Purpose of Transaction The Reporting Person acquired Shares of the Issuer for investment purposes in private transactions concerning the conversion of debt by PreCheck, and payment of compensation to, the Reporting Person, as an officer and director of PreCheck. As a result of the transactions, the Reporting Person has over 10% voting control of the Issuer, for which he already serves as a director. He intends to participate and influence the affairs of the Issuer both in management and with respect to his voting rights associated with his ownership of Shares. Except as otherwise disclosed herein, the Reporting Person does not have any current plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) any extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of the assets of the Issuer or any of its subsidiaries; (d) any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; Page 3 of 5 CUSIP No. 45250D103 Schedule 13D (e) any material change in the present capitalization or dividend policy of the Issuer; (f) any other material change in the Issuer's business or corporate structure including, but not limited to, if the Issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by Section 13 of the Investment Company Act of 1940; (g) changes in the Issuer

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer (a) As of the filing of this Schedule 13D, the Reporting Person is the beneficial owner of 3,822,713 shares of common stock of the Issuer representing 31.8% of the Issuer's issued and outstanding shares. (b) As of the filing of this Schedule 13D, the Reporting Person has the power to vote and direct the disposition of 3,822,713 shares. (c) The Reporting Person has not effected any other transactions in the Issuer's securities, including common stock of the Issuer, within 60 days preceding the date hereof. (d) No other person is known by the Reporting Person to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares. (e) The Reporting Person is the beneficial owner of 31.8% of the Issuer's common shares as of the filing of this Schedule 13D and the Reporting Person holds 33,333 shares of Series A convertible preferred of the Company, that was filed on a Form 4 on 7/08/2022.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer The information set forth under Items 3, 4, and 5 herein is incorporated by reference. The Reporting Person: (i) holds no options to purchase shares of Common Stock, (ii) has no interest in any other securities of the Issuer, and (iii) is not party to an agreement in which is shall receive additional securities of the Issuer.

Material to Be Filed as Exhibits

Item 7. Material to Be Filed as Exhibits The following exhibits are filed with this report by incorporation: 1. Page 4 of 5 CUSIP No. 45250D103 Schedule 13D SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct. Date: 01/19/2024 /s/ Francis Pittilloni Francis Pittilloni Page 5 of 5

View Full Filing

View this SC 13D filing on SEC EDGAR