Public Co Management Corp Files 2023 Annual Report on Form 10-K

TL;DR

<b>Public Co Management Corp has filed its 2023 annual report (10-K) detailing its operations and financial status.</b>

AI Summary

PUBLIC CO MANAGEMENT CORP (PCMC) filed a Annual Report (10-K) with the SEC on January 12, 2024. Public Co Management Corp filed its annual report for the fiscal year ended September 30, 2023. The company was formerly known as MYOFFIZ, INC. and MYOFFIZ INC. Incorporated in Nevada, the company's principal executive offices are located at 9340 Wilshire Boulevard, Suite 203, Beverly Hills, CA 90210. The common stock of Public Co Management Corp trades under the symbol PCMC on the OTC Mark exchange. The filing is a Form 10-K, indicating an annual report under the Securities Exchange Act of 1934.

Why It Matters

For investors and stakeholders tracking PUBLIC CO MANAGEMENT CORP, this filing contains several important signals. This 10-K filing provides a comprehensive overview of the company's performance and financial health for the fiscal year ending September 30, 2023, which is crucial for investors to assess its current standing and future prospects. The document includes historical financial data and disclosures required by the SEC, offering transparency into the company's business, risks, and management.

Risk Assessment

Risk Level: low — PUBLIC CO MANAGEMENT CORP shows low risk based on this filing. The filing is a standard annual report (10-K) and does not contain immediate, significant financial or operational disclosures that would inherently elevate risk.

Analyst Insight

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

Key Numbers

• 2023-09-30 — Fiscal Year End (Fiscal year ended date)
• 2024-01-12 — Filing Date (Date the 10-K was filed)
• 000-50098 — SEC File Number (SEC file number for the company)
• 88-0493734 — IRS Number (IRS Employer Identification No.)

Key Players & Entities

• PUBLIC CO MANAGEMENT CORP (company) — Filer name
• MYOFFIZ, INC. (company) — Former company name
• MYOFFIZ INC (company) — Former company name
• Nevada (jurisdiction) — State of incorporation
• 9340 Wilshire Boulevard, Suite 203, Beverly Hills, CA 90210 (address) — Business address
• 310-862-1957 (phone) — Business phone number
• PCMC (ticker) — Trading Symbol
• OTC Mark (exchange) — Exchange where common stock is registered

Forward-Looking Statements

• PUBLIC CO MANAGEMENT CORP will announce an acquisition target within the next 12-18 months. (PUBLIC CO MANAGEMENT CORP) — medium confidence, target: 2025-07-12
• The company's stock price will remain highly volatile until a definitive acquisition is announced. (PUBLIC CO MANAGEMENT CORP) — high confidence, target: 2025-01-12

FAQ

Industry Context

Public Co Management Corp operates within the real estate and construction sector, as indicated by its SIC code 6770 (Blank Checks).

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, requiring public companies to submit regular financial disclosures to the SEC.

What Investors Should Do

1. Thoroughly review the financial statements (balance sheets, income statements, cash flow statements) within the 10-K.
2. Analyze the 'Management's Discussion and Analysis of Financial Condition and Results of Operations' section for insights into performance drivers and trends.
3. Examine the 'Risk Factors' section to understand potential challenges and uncertainties facing the company.

Key Dates

• 2023-09-30: Fiscal Year End — End of the reporting period for the 10-K.
• 2024-01-12: Filing Date — Date the 10-K was officially submitted to the SEC.

Year-Over-Year Comparison

This is the annual 10-K filing for the fiscal year ended September 30, 2023. Previous filings would include quarterly reports (10-Q) and potentially other current reports (8-K) throughout the year.

Key Financial Figures

• $0.001 — ge on which registered Common Stock, $0.001 par value per share PCMC OTC Market

Filing Documents

• pcmc122023110k.htm (10-K) — 469KB
• ex31_1.htm (EX-31.1) — 9KB
• ex31_2.htm (EX-31.2) — 9KB
• ex32_1.htm (EX-32.1) — 5KB
• 0001214659-24-000719.txt (&nbsp;) — 2225KB
• pcmc-20230930.xsd (EX-101.SCH) — 18KB
• pcmc-20230930_cal.xml (EX-101.CAL) — 23KB
• pcmc-20230930_def.xml (EX-101.DEF) — 42KB
• pcmc-20230930_lab.xml (EX-101.LAB) — 141KB
• pcmc-20230930_pre.xml (EX-101.PRE) — 117KB
• pcmc122023110k_htm.xml (XML) — 189KB

Business

Business 4 ITEM 1A.

Risk Factors

Risk Factors 9 ITEM 2.

Properties

Properties 19 ITEM 3.

Legal Proceedings

Legal Proceedings 19 ITEM 4. Mine Safety Disclosures 19 ITEM 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 20 ITEM 6. [Reserved] 20 ITEM 7.

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

Management's Discussion and Analysis of Financial Condition and Results of Operation 21 ITEM 8.

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data 23 ITEM 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure 36 ITEM 10. Directors, Executive Officers and Corporate Governance 37 ITEM 11.

Executive Compensation

Executive Compensation 41 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 41 ITEM 13. Certain Relationships and Related Transactions, and Director Independence 42 ITEM 14. Principal Accountant Fees and Services 43 ITEM 15. Exhibit and Financial Statement Schedules 44 3 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING This Annual Report on Form 10-K, the other reports, statements, and information that we have previously filed or that we may subsequently file with the Securities and Exchange Commission ("SEC") and public announcements that we have previously made or may subsequently make include, may include, incorporate by reference or may incorporate by reference certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to enjoy the benefits of said Act. Unless the context is otherwise, the forward-looking statements included or incorporated by reference in this Form 10-K and those reports, statements, information and announcements address activities, events or developments that Public Company Management Corporation (hereinafter referred to as "we," "us," "our," or "Company") expects or anticipates, will or may occur in the future. In this Annual Report, forward-looking statements are identified by the words such as "anticipate," "plan," "believe," "expect," "estimate," and the like. Forward-looking statements involve future risks and uncertainties, there are factors that could cause actual results or plans to differ materially from those expressed or implied. These from those contemplated by the statements. The forward-looking information is based on a range of factors and is derived using numerous assumptions. A reader, whether investing in the Com

BUSINESS

ITEM 1. BUSINESS. General Background of the Company Public Company Management Corporation (the "Company") was incorporated under the name of MyOffiz, Inc. on October 26, 2000, under the laws of the State of Nevada. On November 6, 2004, the Company changed its name from MyOffiz, Inc. to Public Company Management Corporation. The Company was a management consulting firm that educated and assisted small businesses to improve their management, corporate governance, regulatory compliance, and other business processes, with a focus on capital market participation. The Company did intend to provide solutions to clients at various stages of the business lifecycle by: Educational products to improve business processes or explore entering the capital markets; Startup consulting to early-stage companies planning for growth; Management consulting to companies seeking to enter the capital markets via self-underwriting or direct public offering or to move from one capital market to another; and Compliance services to fully reporting, publicly traded companies. The Company generated revenues primarily from consulting services that we provided to private company clients seeking to become fully reporting, publicly traded companies. The Company also generated revenue from regulatory compliance services that the Company was providing to public company clients that are required to file periodic and other reports with the SEC. The Company would be paid for these services for a flat fee consisting of cash and restricted shares of the Company's clients common stock. The Company provided its services primarily through GoPublicToday.com, Inc., Pubco WhitePapers, Inc., Public Company Management Services, Inc. and Nevada Management Corporation, Inc., subsidiaries of the Company. 4 Predicated upon the economic recession of 2008, commencing with the subprime mortgage crisis and bank crisis, the stock market plummeted, erasing wealth, i.e., foreclosures continued to rise, and t

RISK FACTORS

ITEM 1A. RISK FACTORS .

Forward-Looking Statements

Forward-Looking Statements This Annual Report on Form 10-K contains forward-looking

View Full Filing

View this 10-K filing on SEC EDGAR