Company: MYCB
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001640334-25-002067
Chunk: 247

Company: My City Builders, Inc.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 1A
Chunk 247
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 If we can raise funds from the sale of debt securities, the lenders may impose restrictions on our operations and may impair our working capital as we service any such debt obligations.

We do not intend to pay any cash dividends in the foreseeable future.

We have not paid any cash dividends on our common stock and do not intend to pay cash dividends on our common stock in the foreseeable future.

ITEM 1B. UNRESOLVED STAFF COMMENTS 

None

ITEM 1C. CYBERSECURITY

The Company’s process for assessing, identifying, and managing material risks from cybersecurity threats is as follows: the Company has cloud-based security, our computers and servers are fire walled. In addition, the Company does not allow virtual log-in on their computers. The Company has engaged third-party consultants with regard to our cloud-based cybersecurity. We have had no current or previous cybersecurity incidents that have materially affected or were likely to materially affect the Company’s business strategy, results of operations or financial condition.

The Company’s management team and board of directors jointly oversee the Company’s cybersecurity. The third-party consultants provide monthly online security reports as well as any web-based security updates and possible threats to be aware of.

ITEM 2. PROPERTIES

As of July 8, 2025, The Company, through RAC, had thirteen (13) complete homes with one additional home under construction in East Gadsden. Out of the thirteen (13) completed properties seven (7) homes were leased, one (1) home sold and five (5) homes still on the market for sell. These properties were sold as a result of the stock purchase agreement dated July 8, 2025, by and between the Company and RAC Merger.  

As of July 31, 2025, our principal office is located at 100 Biscayne Blvd. #1611, Miami FL 33132. This property is owned by a related third party and used by our Company free of charge. 

ITEM 3. LEGAL PROCEEDINGS

None.

ITEM 4. MINE SAFETY DISCLOSURES.

Not Applicable

 12Table of Contents

PART II

ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.

Market Information

Our common stock is quoted on the OTC Pink Limited marketplace under the symbol MYCB. From April 2014 until May 3,