# EDGAR Filing Document

**Accession Number:** 0001949864
**File Stem:** 0001949864-25-000021
**Filing Date:** 2025-7
**Character Count:** 106739
**Document Hash:** 1ec0efc5de434823609d193e8ba766d1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001949864-25-000021.hdr.sgml**: 20250723

**ACCESSION NUMBER**: 0001949864-25-000021

**CONFORMED SUBMISSION TYPE**: 10-K

**PUBLIC DOCUMENT COUNT**: 42

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250723

**DATE AS OF CHANGE**: 20250723

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Mag Magna Corp
- **CENTRAL INDEX KEY:** 0001949864
- **STANDARD INDUSTRIAL CLASSIFICATION:** AGRICULTURE SERVICES [0700]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 981626237
- **STATE OF INCORPORATION:** WY
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** 10-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-268561
- **FILM NUMBER:** 251142264

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** ROOM 2318,ANXIAOWO APARTMENT,HUAQIANG SQ
- **STREET 2:** FUHAI SUB-DISTRICT
- **CITY:** SHENZHEN CITY
- **NON US STATE TERRITORY:** GUANGDONG PROVINCE
- **PROVINCE COUNTRY:** F4
- **ZIP:** 518000
- **BUSINESS PHONE:** 8617823500944

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** ROOM 2318,ANXIAOWO APARTMENT,HUAQIANG SQ
- **STREET 2:** FUHAI SUB-DISTRICT
- **CITY:** SHENZHEN CITY
- **NON US STATE TERRITORY:** GUANGDONG PROVINCE
- **PROVINCE COUNTRY:** F4
- **ZIP:** 518000

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Mag Magna Corp.
- **DATE OF NAME CHANGE:** 20221006

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION** Washington, D.C. 20549

**Form 10-K**

[X] Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the fiscal year ended April 30, 2025

or

[ ] Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the transition period from __________ to __________

Commission file number 333-268561

**MAG MAGNA CORP**

(Exact name of registrant as specified in its charter)

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Wyoming** | &nbsp;&nbsp;**98-1626237** |
| &nbsp;&nbsp; (State or other jurisdiction of<br> incorporation or organization) | &nbsp;&nbsp; (I.R.S. Employer<br> Identification No.) |
| &nbsp;&nbsp; **Room 2318, Anxiaowo Apartment, Huaqiang Square, Fuhai Sub-District, Bao'an District,**<br> **Shenzhen City, Guangdong Province, China, 518000** | &nbsp;&nbsp; **Room 2318, Anxiaowo Apartment, Huaqiang Square, Fuhai Sub-District, Bao'an District,**<br> **Shenzhen City, Guangdong Province, China, 518000** |
| &nbsp;&nbsp;(Address of principal executive offices, including Zip Code) | &nbsp;&nbsp;(Address of principal executive offices, including Zip Code) |
| &nbsp;&nbsp;Registrant's telephone number, including area code: **<u>+86 17823500944</u>** | &nbsp;&nbsp;Registrant's telephone number, including area code: **<u>+86 17823500944</u>** |
| &nbsp;&nbsp;**325 W Washington St Ste 2877, San Diego, CA 92103** | &nbsp;&nbsp;**325 W Washington St Ste 2877, San Diego, CA 92103** |
| &nbsp;&nbsp;(Former address, if changed since last report) | &nbsp;&nbsp;(Former address, if changed since last report) |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Securities registered under Section 12(b) of the Exchange Act: | &nbsp;&nbsp;Securities registered under Section 12(b) of the Exchange Act: | &nbsp;&nbsp;Securities registered under Section 12(b) of the Exchange Act: |
| &nbsp;&nbsp;Title of each class | &nbsp;&nbsp;Trading Symbol | &nbsp;&nbsp;Name of each exchange on which registered |
| &nbsp;&nbsp;**None** | &nbsp;&nbsp;**N/a** | &nbsp;&nbsp;**N/a** |
| &nbsp;&nbsp;Securities registered under Section 12(g) of the Exchange Act: | &nbsp;&nbsp;Securities registered under Section 12(g) of the Exchange Act: | &nbsp;&nbsp;Securities registered under Section 12(g) of the Exchange Act: |
| &nbsp;&nbsp;**None** | &nbsp;&nbsp;**None** | &nbsp;&nbsp;**None** |
| &nbsp;&nbsp;(Title of Class) | &nbsp;&nbsp;(Title of Class) | &nbsp;&nbsp;(Title of Class) |

---

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes [ ] &nbsp;&nbsp;&nbsp;&nbsp; No [X]

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act. Yes [ ] &nbsp;&nbsp;&nbsp;&nbsp; No [X]

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes [X] &nbsp;&nbsp;&nbsp;&nbsp; No [ ]

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

Yes [ ] &nbsp;&nbsp;&nbsp;&nbsp; No [X]

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.

Yes [ ] &nbsp;&nbsp;&nbsp;&nbsp; No [X]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer", "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act:

Large accelerated filer [ ] Accelerated filer [ ] <br> Non-accelerated filer [X] Smaller reporting company [X] <br> (Do not check if a smaller reporting company) Emerging growth company [X]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. [ ]

Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. [ ]

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. [ ]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes [ ] &nbsp;&nbsp;&nbsp;&nbsp; No [X]

As of April 30, 2025, the last business day of the registrant's most recently completed fiscal year, the aggregate market value of the registrant's common stock held by non-affiliates of the registrant was $0.

State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: 5,829,047 common shares issued and outstanding as of July 23, 2025.

**TABLE OF CONTENTS**

---

| | | |
|:---|:---|:---|
|  |  | **Page** |
| **PART I** |  |  |
| Item 1. | Business. | 4 |
| Item 1A. | Risk Factors. | 5 |
| Item 1B. | Unresolved Staff Comments. | 5 |
| Item 1C. | Cybersecurity. | 5 |
| Item 2. | Properties. | 5 |
| Item 3. | Legal Proceedings. | 5 |
| Item 4. | Mine Safety Disclosures. | 5 |
| **PART II** |  |  |
| Item 5. | Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. | 6 |
| Item 6. | [Reserved] | 6 |
| Item 7. | Management's Discussion and Analysis of Financial Condition and Results of Operations. | 6 |
| Item 7A. | Quantitative and Qualitative Disclosures About Market Risk. | 9 |
| Item 8. | Financial Statements and Supplementary Data. | 9 |
| Item 9. | Changes in and Disagreements With Accountants on Accounting and Financial Disclosure. | 25 |
| Item 9A. | Controls and Procedures. | 25 |
| Item 9B. | Other Information. | 26 |
| Item 9C. | Disclosure Regarding Foreign Jurisdictions that Prevent Inspections. | 26 |
| **PART III** |  |  |
| Item 10. | Directors, Executive Officers and Corporate Governance. | 26 |
| Item 11. | Executive Compensation. | 28 |
| Item 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. | 28 |
| Item 13. | Certain Relationships and Related Transactions, and Director Independence. | 29 |
| Item 14. | Principal Accounting Fees and Services. | 29 |
| **PART IV** |  |  |
| Item 15. | Exhibits and Financial Statement Schedules. | 30 |
| Item 16. | Form 10–K Summary. | 30 |
| Signatures | Signatures | 31 |

---

**<u>PART I</u>**

**Item 1. Business.**

Mag Magna Corp is a company that was incorporated on September 20, 2021. The Company's primary focus lies in assisting and consulting businesses engaged in poultry farming. The corporation's purpose is to introduce and promote alternative methods of raising chickens without the use of antibiotics. The Company has developed formulas for feed additives using natural ingredients and advanced technologies. The Company aims to share its expertise with other firms by promoting alternative approaches to chicken farming that prioritize sustainability.

The Company provides consulting expertise in the following areas:

* Poultry farming optimization, including data analysis, planning, and environmental impact.

* Optimization of bird feeding processes.

* Transitioning to antibiotic-free practices.

* IT product integration, covering software, strategic decision consulting, software acquisitions,
and integration.

* Disease prevention and management.

* Egg production and quality improvement.

* Implementing sustainable practices in poultry farming, such as waste management, renewable
energy integration, and resource sustainability.

* Poultry genetics and breeding strategies.

* Financial management of poultry farming, including budgeting, financial analysis, insurance,
and risk management.

To access our consultancy services, users are required to purchase a subscription plan based on the topics selected via our website (https://magmagna.com/). Available consultancy sets include single-topic consultations and packages of 3, 5, or 7 topics. Subscriptions must comply with our Terms of Service, and refunds are not provided.

Mag Magna Corp has partnered with Ipax LLC ("Ipax"), a Wyoming company. Under a Patent License and Assignment Agreement signed on November 15, 2022, Ipax provided the company with the formula and advisory services.

On October 23, 2023, the Company received the notice of effectiveness from the Securities Exchange Commission. This event is expected to have a positive impact on the Company's financial condition and results of operations.

On February 27, 2024, the Company entered into Application Programming Interface ("API") Development Agreement to develop the Poultry Wellness Guide API to facilitate the management and monitoring of poultry health and well-being. Since June 2024, Mag Magna Corp has introduced the Poultry Wellness Guide API on website and began selling Subscription Plans for API services. The Poultry Wellness Guide API is an AI-powered tool designed to assist in diagnosing and managing chicken diseases based on breed and symptoms, offering expert recommendations for prevention and treatment. The service covers a variety of 12 common chicken breeds. It provides users with instant access to a comprehensive database that includes detailed information on symptoms, potential causes, and effective management strategies for each breed-specific condition. To access Poultry Wellness Guide API, a subscription purchase is required. The appropriate Subscription Plan for API service determined based on the amount of requests per month. Subscription plans are detailed and available for review on our website (https://magmagna.com/). On our website, users can try the Free Trial version (3 requests per day). Subscriptions must comply with our Terms of Service, and refunds are not provided.

**Employees**

As of April 30, 2025, there were two members of the board, Oleg Bilinski, Director, President, Chief Executive Officer ("CEO"), Treasurer, and Secretary, and Tomasz Anczok, Director.

**Offices**

Our business office is located at Room 2318, Anxiaowo Apartment, Huaqiang Square, Fuhai Sub-District, Bao'an District, Shenzhen City, Guangdong Province, China, 518000. Our telephone number is +86 17823500944.

**Item 1A. Risk Factors.**

Not applicable for smaller reporting companies.

**Item 1B. Unresolved Staff Comments.**

Not applicable for smaller reporting companies.

**Item 1C. Cybersecurity.**

The Company is subject to various laws and rules issued by multiple government agencies concerning the safeguarding and maintaining the confidentiality of its security, customer, and business information. We are committed to protecting the confidentiality, integrity, and availability of our information systems and data.

The Board of Directors maintains oversight of our cybersecurity risks. The Company receives regular updates from management regarding cybersecurity program, including risk assessments, incident response capabilities, and the effectiveness of controls. Management is responsible for assessing and managing our material cybersecurity risks, as well as for the development and implementation of our cybersecurity policies, procedures, and controls, and are responsible for reporting on the program's status and any material cybersecurity incidents to the Board of Directors.

As of the date of this report, we are not aware of any risks from cybersecurity threats, including as a result of any previous cybersecurity incidents, that have materially affected or are reasonably likely to materially affect us, including our business strategy, results of operations, or financial condition.

**Item 2. Properties.**

We do not own any real estate or other properties.

**Item 3. Legal Proceedings.**

We know of no legal proceedings to which we are a party or to which any of our property is the subject which are pending, threatened or contemplated or any unsatisfied judgments against us.

**Item 4. Mine Safety Disclosures.**

Not applicable.

**<u>PART II</u>**

**Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.**

***Market Information***

The Company's common stock is quoted on the OTCQB Market under the trading symbol "MGNC".

***Number of Holders***

As of April 30, 2025, the 5,829,047 issued and outstanding shares of common stock were held by a total of 51 shareholder of record.

***Dividends***

We have never declared or paid, and do not anticipate declaring or paying, in the foreseeable future, any cash dividends on our capital stock. We currently intend to retain all available funds and any future earnings to support our operations and finance the growth and development of our business. Any future determination related to our dividend policy will be made at the discretion of our board of directors and will depend upon, among other factors, our results of operations, financial condition, capital requirements, contractual restrictions, business prospects and other factors our board of directors may deem relevant.

***Recent Sales of Unregistered Securities***

The company has 75,000,000, $0.001 par value shares of common stock authorized.

During the year ended April 30, 2024, the company issued 1,329,047 shares of common stock for cash proceeds of $33,226 at $0.025 per share.

There were 5,829,047 and 5,829,047 shares of common stock issued and outstanding as of April 30, 2025 and 2024, respectively.

 ****

***Other Stockholder Matters***

None.

**Item 6. [Reserved]**

**Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations.**

Statements made in this Form 10-K that are not historical or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (the "Act") and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified by the use of terms such as "may", "will", "expect", "believe", "anticipate", "estimate", "approximate" or "continue", or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our

control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.

**RESULTS OF OPERATIONS**

***Year ended April 30, 2025 compared to April 30, 2024***

***Revenues***

During the years ended April 30, 2025 and 2024, we have generated total revenue of $49,905 and $5,600, respectively. For the year ended April 30, 2025, the revenue was received from the sale of consulting services and API requests. For the year ended April 30, 2024, the revenue was received from the sale of consulting services.

The reason for the increase in sales for the year ended April 30, 2025 compared to the year ended April 30, 2024 was that the company began selling its services in October 2023.

 ****

***Operating Expenses***

Total operating expenses for the year ended April 30, 2025 were $102,161 compared to $56,475 for the year ended April 30, 2024. Expenses increased in the year ended April 30, 2025 primarily due to the consulting services, marketing services, SEO services, professional fees and server expense. Professional fees primarily increased due to legal and audit fees. Server expense increased due to the fact that the server was rented in February 2024.

***Other Income (Expenses)***

Total other income for the years ended April 30, 2025 and 2024 was $2 and $22, respectively. The other income included interest income.

***Net Losses***

The net loss for the year ended April 30, 2025, was $52,254, compared to $50,853 for the year ended April 30, 2024, due to the factors discussed above.

***Liquidity and Capital Resources***

As of April 30, 2025, our total assets were $144,297, which comprised of prepaid expenses of $25,975, and intangible assets of $118,322. Our total liabilities were $227,595, which comprised accounts payable of $396, deferred income of $5,272 and a Loan Payable due to our former director of $221,927.

As of April 30, 2024, our total assets were $86,772, which comprised of prepaid expenses of $73,600, and intangible assets of $13,172. Our total liabilities were $117,816, which comprised accounts payable of $12,447 and a Loan Payable due to our former director of $105,369.

Stockholders' deficit has increased from $31,044 as of April 30, 2024 to $83,298 as of April 30, 2025.

The company has accumulated a deficit of $121,024 as of April 30, 2025, compared to $68,770 as of April 30, 2024, and further losses are anticipated in the development of its business.

During the year ended April 30, 2025, the Company used $61,558 of cash in operating activities due to its net loss of $52,254, amortization expense of $15,950, increase in prepaid expenses of $18,475, decrease in accounts payable of $12,051 and increase in deferred income of $5,272.

During the year ended April 30, 2025, the Company used $55,000 of cash in investing activities due to an increase in intangible assets.

Net cash flows provided by financing activities for the year ended April 30, 2025, were $116,558 due to net proceeds from the related party loan.

During the year ended April 30, 2024, the company used $107,971 of cash in operating activities due to its net loss of $50,853, amortization expense of $4,034, increase in prepaid expenses of $73,600 and increase in accounts payable of $12,448.

We had no cash flows used in or provided by investing activities for the year ended April 30, 2024.

Net cash flows provided by financing activities for the year ended April 30, 2024, were $107,971 due to net proceeds from the related party loan ($74,745) and share issuance ($33,226).

**Critical Accounting Policies and Significant Judgments and Estimates**

*Use of Estimates*

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

*Revenue Recognition*

The Company recognizes revenue in accordance with Accounting Standards Codification ("ASC") 606, "Revenue from Contracts with Customers". The core principle of ASC 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.

An entity recognizes revenue in accordance with that core principle by applying the following steps: Step 1: Identify the contract with the customer. Step 2: Identify the performance obligations in the contract. Step 3: Determine the transaction price. Step 4. Allocate the transaction price. Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation.

The Company generates revenue primarily from two sources: (1) providing Poultry Farming Consultancy services, and (2) sales of subscription plans for its API service.

(1) The revenue for our Poultry Farming Consultancy is acknowledged at a specific moment when the consulting services are completed and delivered in accordance with contractual terms. The company assumes no responsibility for any inability to fulfill obligations arising from circumstances beyond reasonable control. Our liability is restricted to the cumulative sum of payments made by the customer for services specified in the invoice. We may request deposits from clients before delivering services upon order placement. If deposits are obtained

before providing services, the consultancy acknowledges deferred revenue until the service delivery is completed. Payment is typically received prior to the delivery of materials. During the year ended April 30, 2025, we have generated revenue from the providing of our Poultry Farming Consultancy services in the amount of $23,726. The services were provided by the Company's CEO.

(2) The Subscription Plan for API service is provided on the basis of the amount of requests per month. The service covers a variety of 12 common chicken breeds. It provides users with an access to a comprehensive database that includes detailed information on symptoms, potential causes, and effective management strategies for each breed-specific condition. To access Poultry Wellness Guide API, a subscription purchase is required. Subscriptions must comply with our Terms of Service. Subscription revenue for the API service is recognized ratably over the subscription period. Subscription payments are received in advance of the service period. Such advance payments are recorded as deferred income upon receipt and are recognized as revenue on a straight-line basis over the subscription period the service is provided, reflecting the transfer of control and continuous delivery of the service to the customer. During the year ended April 30, 2025, we have generated revenue from the sale of API requests in the amount of $26,179.

**Off-Balance Sheet Arrangements**

As of April 30, 2025, we did not have any off-balance sheet arrangements that have or are reasonably likely to have a material current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations liquidity, capital expenditures or capital resources.

**Limited Operating History and Need for Additional Capital**

There is no historical financial information about us upon which to base an evaluation of our performance. We are in start-up stage operations and have generated limited revenues. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources and possible cost overruns due to price and cost increases in services and products.

We have no assurance that future financing will be available to us on acceptable terms. If financing is not available on satisfactory terms, we may be unable to continue, develop or expand our operations. Equity financing could result in additional dilution to existing shareholders.

**Item 7A. Quantitative and Qualitative Disclosures about Market Risk.**

Not applicable for smaller reporting companies.

**Item 8. Financial Statements and Supplementary Data*.***

 ****

**INDEX TO AUDITED FINANCIAL STATEMENTS**

MAG MAGNA CORP

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| | |
|:---|:---|
|  | **Page** |
| Report of Independent Registered Public Accounting Firm (id: 6258) | 11-12 |
| Balance Sheets as of April 30, 2025 and 2024 | 13 |
| Statements of Operations for the years ended April 30, 2025 and 2024 | 14 |
| Statements of Changes in Stockholders' Equity (Deficit) for the years ended April 30, 2025 and 2024 | 15 |
| Statements of Cash Flows for the years ended April 30, 2025 and 2024 | 16 |
| Notes to the Financial Statements | 17 |

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**Report of Independent Registered Public Accounting Firm**

Board of Directors and Shareholders

Mag Magna Corp

**Opinion on the Financial Statements**

We have audited the accompanying balance sheets of Mag Magna Corp as of April 30, 2025 and 2024, and the related statements of operations, changes in stockholders' equity (deficit), and cash flows for the years then ended and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of Mag Magna Corp as of April 30, 2025 and 2024, and the results of its operations and its cash flows for each of the two years in the period ended April 30, 2025, in conformity with accounting principles generally accepted in the United States of America.

**Going Concern**

The accompanying financial statements have been prepared assuming that the entity will continue as a going concern. As discussed in Note 2 to the financial statements, the entity has an accumulated deficit and uses net cash for their operating activities and operates at a net loss, all of which raise substantial doubt about its ability to continue as a going concern. Management's plans in regard to these matters are also described in Note 2. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

**Basis for Opinion**

These financial statements are the responsibility of the entity's management. Our responsibility is to express an opinion on these financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to Mag Magna Corp in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Mag Magna Corp is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

**Critical Audit Matters**

Critical audit matters are matters arising from the current period audit of the financial statements that were communicated or required to be communicated to the audit committee and that: (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments. We determined that there are no critical audit matters.

/s/ Mac Accounting Group & CPAs, LLP

We have served as Mag Magna Corp's auditor since 2024.

Midvale, Utah

July 23, 2025

**MAG MAGNA CORP**

**BALANCE SHEETS**

As of April 30, 2025 and 2024

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| | | |
|:---|:---|:---|
|  | **As of April 30, 2025** | **As of April 30, 2024** |
| **ASSETS** |  |  |
| &nbsp;&nbsp;&nbsp;**Current Assets** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaid Expense | $25975 | $73600 |
| &nbsp;&nbsp;&nbsp;**Total Current Assets** | 25975 | 73600 |
| **Other Assets** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intangible Assets, net | 118322 | 13172 |
| &nbsp;&nbsp;&nbsp;**Total Other Assets** | 118322 | 13172 |
| **TOTAL ASSETS** | $144297 | $86772 |
| **LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)** |  |  |
| &nbsp;&nbsp;&nbsp;**Liabilities** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Current Liabilities |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts Payable | $396 | $12447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred Income | 5272 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loan Payable – Related Party | 221927 | 105369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Current Liabilities** | 227595 | 117816 |
| &nbsp;&nbsp;&nbsp;**Total Liabilities** | 227595 | 117816 |
| &nbsp;&nbsp;&nbsp;Stockholders' Equity (Deficit) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stock, $0.001 par value, 75,000,000 shares authorized,<br> 5,829,047 and 5,829,047 shares issued and outstanding at April 30, 2025 and 2024, respectively | 5829 | 5829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Additional Paid-in Capital | 31897 | 31897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulated Deficit | (121024) | (68770) |
| &nbsp;&nbsp;&nbsp;**Total Stockholders' Equity (Deficit)** | (83298) | (31044) |
| **TOTAL LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)** | $144297 | $86772 |

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*The accompanying notes are an integral part of these financial statements.*

**MAG MAGNA CORP**

**STATEMENTS OF OPERATIONS**

For the years ended April 30, 2025 and 2024

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| | | |
|:---|:---|:---|
|  | **Year ended** <br> **April 30, 2025** | **Year ended** <br> **April 30, 2024** |
| Revenues: |  |  |
| Consulting services | $23726 | $5600 |
| API requests | 26179 | - |
| **TOTAL REVENUE** | **49905** | **5600** |
| OPERATING EXPENSES |  |  |
| General and administrative expenses | 102161 | 56475 |
| **TOTAL OPERATING EXPENSES** | **102161** | **56475** |
| **INCOME (LOSS) FROM OPERATIONS** | (52256) | (50875) |
| **OTHER INCOME (EXPENSE)** |  |  |
| Interest income | 2 | 22 |
| **TOTAL OTHER INCOME (EXPENSE)** | **2** | **22** |
| **NET INCOME (LOSS)** | $**(52254)** | $**(50853)** |
| **NET INCOME (LOSS) PER SHARE** | $**(0.01)** | $**(0.01)** |
| **WEIGHTED AVERAGE NUMBER OF SHARES**<br> **OUTSTANDING: BASIC AND DILUTED** | **5829047** | **4883855** |

---

*The accompanying notes are an integral part of these financial statements.*

 

**MAG MAGNA CORP**

**STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)** 

For the years ended April 30, 2025 and 2024

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Common Stock** | &nbsp;&nbsp;**Common Stock** | &nbsp;&nbsp;**Additional Paid-in Capital** | &nbsp;&nbsp;**Accumulated Deficit** | &nbsp;&nbsp;**Total Stockholders' Equity (Deficit)** |
|  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Amount** |  |  |  |
| &nbsp;&nbsp;**Balance at April 30, 2023** | &nbsp;&nbsp;**4500000** | $&nbsp;&nbsp;**4500** | $&nbsp;&nbsp;**-** | $&nbsp;&nbsp;**(17917)** | $&nbsp;&nbsp;**(13417)** |
| &nbsp;&nbsp;Sales of common stock at $0.025 per share | &nbsp;&nbsp;1329047 | &nbsp;&nbsp;1329 | &nbsp;&nbsp;31897 | &nbsp;&nbsp;- | &nbsp;&nbsp;33226 |
| &nbsp;&nbsp;Net loss | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;(50853 | &nbsp;&nbsp;(50853) |
| &nbsp;&nbsp;**Balance at April 30, 2024** | &nbsp;&nbsp;**5829047** | $&nbsp;&nbsp;**5829** | $&nbsp;&nbsp;**31897** | $&nbsp;&nbsp;**(68770)** | $&nbsp;&nbsp;**(31044)** |
| &nbsp;&nbsp;Net loss | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;(52254) | $&nbsp;&nbsp;(52254) |
| &nbsp;&nbsp;**Balance at April 30, 2025** | &nbsp;&nbsp;**5829047** | $&nbsp;&nbsp;**5829** | $&nbsp;&nbsp;**31897** | $&nbsp;&nbsp;**(121024)** | $&nbsp;&nbsp;**(83298)** |

---

*The accompanying notes are an integral part of these financial statements.*

**MAG MAGNA CORP**

**STATEMENTS OF CASH FLOWS**

For the years ended April 30, 2025 and 2024

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp; **Year ended** <br> **April 30, 2025** | &nbsp;&nbsp; **Year ended** <br> **April 30, 2024** |
| &nbsp;&nbsp;OPERATING ACTIVITIES: |  |  |
| &nbsp;&nbsp;Net income (loss) | $&nbsp;&nbsp;(52254) | $&nbsp;&nbsp;(50853) |
| &nbsp;&nbsp;Adjustments to reconcile net loss to net cash used in operating activities: |  |  |
| &nbsp;&nbsp;Amortization expense | &nbsp;&nbsp;15950 | &nbsp;&nbsp;4034 |
| &nbsp;&nbsp;Changes in operating assets and liabilities: |  |  |
| &nbsp;&nbsp;Prepaid expense | &nbsp;&nbsp;(18475) | &nbsp;&nbsp;(73600) |
| &nbsp;&nbsp;Accounts payable | &nbsp;&nbsp;(12051) | &nbsp;&nbsp;12448 |
| &nbsp;&nbsp;Deferred income | &nbsp;&nbsp;5272 | &nbsp;&nbsp;- |
| &nbsp;&nbsp;**NET CASH USED IN OPERATING ACTIVITIES** | &nbsp;&nbsp;(61558) | &nbsp;&nbsp;(107971) |
| &nbsp;&nbsp;INVESTING ACTIVITIES: |  |  |
| &nbsp;&nbsp;Intangible Assets | &nbsp;&nbsp;(55000) | &nbsp;&nbsp;- |
| &nbsp;&nbsp;**NET CASH USED IN INVESTING ACTIVITIES** | &nbsp;&nbsp;(55000) | &nbsp;&nbsp;- |
| &nbsp;&nbsp;FINANCING ACTIVITIES: |  |  |
| &nbsp;&nbsp;Proceeds from loan payable – related party | &nbsp;&nbsp;170707 | &nbsp;&nbsp;126348 |
| &nbsp;&nbsp;Repayments to loan payable – related party | &nbsp;&nbsp;(54149) | &nbsp;&nbsp;(51603) |
| &nbsp;&nbsp;Proceeds from share issuance | &nbsp;&nbsp;- | &nbsp;&nbsp;33226 |
| &nbsp;&nbsp;**NET CASH PROVIDED BY FINANCING ACTIVITIES** | &nbsp;&nbsp;116558 | &nbsp;&nbsp;107971 |
| &nbsp;&nbsp;**Net increase (decrease) in cash** | &nbsp;&nbsp;- | &nbsp;&nbsp;- |
| &nbsp;&nbsp;**Cash at beginning of period** | &nbsp;&nbsp;- | &nbsp;&nbsp;- |
| &nbsp;&nbsp;**Cash at end of period** | $&nbsp;&nbsp;- | $&nbsp;&nbsp;- |
| &nbsp;&nbsp;SUPPLEMENTAL CASH FLOW INFORMATION: |  |  |
| &nbsp;&nbsp;Cash payments for: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest paid | $&nbsp;&nbsp;- | $&nbsp;&nbsp;- |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income taxes paid | $&nbsp;&nbsp;- | $&nbsp;&nbsp;- |
| &nbsp;&nbsp;Non-cash investing and financing activities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reclassification of Prepaid Expense to Intangible Assets | $&nbsp;&nbsp;66100 | $&nbsp;&nbsp;9000 |

---

*The accompanying notes are an integral part of these financial statements.*

**MAG MAGNA CORP**

**NOTES TO THE FINANCIAL STATEMENTS**

**April 30, 2025 and 2024**

**1. THE COMPANY AND BASIS OF PRESENTATION**

Mag Magna Corp ("the Company") was incorporated under the laws of the State of Wyoming, U.S. on September 20, 2021 (Incorporation). The Company's primary focus lies in assisting and consulting businesses engaged in poultry farming. The corporation's purpose is to introduce and promote alternative methods of raising chickens without the use of antibiotics.

The Company has elected April 30th as its fiscal year-end.

**2. GOING CONCERN**

Our financial statements have been prepared on a going concern basis, which assumes that we will be able to realize our assets and discharge our liabilities and commitments in the normal course of business for the foreseeable future. We have an accumulated deficit of $121,024 as of April 30, 2025, had a net loss of $52,254, and used net cash of $61,558 in operating activities for the year ended April 30, 2025. These factors raise substantial doubt about our ability to continue as a going concern. Our ability to continue as a going concern is dependent upon generating profitable operations in the future and/or to obtain the necessary financing to meet our obligations and repay our liabilities arising from normal business operations when they come due. Our management intends to finance operating costs over the next twelve months with loans from related parties and public issuance of common stock. While we believe that we will be successful in obtaining the necessary financing and generating revenue to fund our operations, meet regulatory requirements, and achieve commercial goals, there are no assurances that such additional funding will be achieved and that we will succeed in our future operations.

**3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

*Basis of Presentation*

The Company uses the accrual basis of accounting and accounting principles. The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. The Financial Statements and related disclosures have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC").

 

*Revenue*

The Company recognizes revenue in accordance with Accounting Standards Codification ("ASC") 606, "Revenue from Contracts with Customers". The core principle of ASC 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.

An entity recognizes revenue in accordance with that core principle by applying the following steps: Step 1: Identify the contract with the customer. Step 2: Identify the performance obligations in the contract. Step 3: Determine the transaction price. Step 4. Allocate the transaction price. Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation.

**MAG MAGNA CORP**

**NOTES TO THE FINANCIAL STATEMENTS**

**April 30, 2025 and 2024**

The Company generates revenue primarily from two sources: (1) providing Poultry Farming Consultancy services, and (2) sales of subscription plans for its API service.

(1) The revenue for our Poultry Farming Consultancy is acknowledged at a specific moment when the consulting services are completed and delivered in accordance with contractual terms. The Company assumes no responsibility for any inability to fulfill obligations arising from circumstances beyond reasonable control. We may request deposits from clients before delivering services upon order placement. If deposits are obtained before providing services, the Company acknowledges deferred revenue until the service delivery is completed. Payment is typically received prior to the service delivery. During the year ended April 30, 2025 and 2024, we have generated revenue from the providing of our Poultry Farming Consultancy services in the amount of $23,726 and $5,600, respectively. The deferred income related to the providing Poultry Farming Consultancy services was $0 as of April 30, 2025 and 2024. The services were provided by the Company's CEO.

(2) The Subscription Plan for API service is provided on the basis of the amount of requests per month. The service covers a variety of 12 common chicken breeds. It provides users with an access to a comprehensive database that includes detailed information on symptoms, potential causes, and effective management strategies for each breed-specific condition. To access Poultry Wellness Guide API, a subscription purchase is required. Subscriptions must comply with our Terms of Service. Subscription revenue for the API service is recognized ratably over the subscription period. Subscription payments are received in advance of the service period. Such advance payments are recorded as deferred income upon receipt and are recognized as revenue on a straight-line basis over the subscription period the service is provided, reflecting the transfer of control and continuous delivery of the service to the customer. During the year ended April 30, 2025 and 2024, we have generated revenue from the sale of API requests in the amount of $26,179 and $0, respectively. The deferred income related to the sales of subscription plans for the API service was $5,272 and $0 as of April 30, 2025 and 2024.

*Use of Estimates*

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

*Receivables* 

Receivables are carried at net realizable value, representing the outstanding balance less an allowance for doubtful accounts based on a review of all outstanding amounts. Management determines the allowance for doubtful accounts by regularly evaluating individual receivables, and receivables are written off when deemed uncollectible. Recoveries of receivables previously written off are recorded when received. We had an allowance for doubtful accounts of $0 as of April 30, 2025 and 2024.

*Advertising*

The Company recognizes advertising costs in accordance with ASC 720-35, Advertising Costs ("ASC 720-35"), which requires that all advertising costs be expensed as incurred. Advertising expense amounted to approximately $10,150 and $0 for the years ended April 30, 2025 and 2024, respectively. Advertising costs, which have been paid for but that have not been received, were $7,250 and $0 as of April 30, 2025 and 2024.

 

**MAG MAGNA CORP**

**NOTES TO THE FINANCIAL STATEMENTS**

**April 30, 2025 and 2024**

*Foreign Currency*

The Company's functional and reporting currency is the U.S. dollar. Transactions may occur in foreign currencies, and management has adopted ASC 830, "Foreign Currency Translation Matters". Monetary assets and liabilities denominated in foreign currencies are translated using the exchange rate prevailing at the balance sheet date. Non-monetary assets and liabilities denominated in foreign currencies are translated at rates of exchange in effect at the date of the transaction. Average monthly rates are used to translate revenues and expenses. Gains and losses arising on translation or settlement of foreign currency-denominated transactions or balances are included in the statement.

 

*Intangible Asset* 

The Company accounts for its intangible assets in accordance with ASC Subtopic 350-40, "Internal-Use Software-Computer Software Developed or Obtained for Internal Use", and ASC Subtopic 360-10, "Accounting for the Impairment or Disposal of Long-Lived Assets". ASC Subtopic 350-40 requires assets to be recorded at the cost to develop the asset and requires an intangible asset to be amortized over its useful life and for the useful life to be evaluated every reporting period to determine whether events or circumstances warrant a revision to the remaining period of amortization. If the estimate of useful life is changed the remaining carrying amount of the intangible asset is amortized prospectively over the revised remaining useful life.

Intangible assets were made up of the following at each balance sheet date:

---

| | | | |
|:---|:---|:---|:---|
|  | Estimated Useful Life (years) | April 30, 2025 | April 30, 2024 |
| API | 3 | $121100 | $- |
| Website | 3 | 9400 | 9400 |
| Software | 5 | 9000 | 9000 |
|  |  | 139500 | 18400 |
| Accumulated amortization |  | (21178) | (5228) |
| Net book value |  | $118322 | $13172 |

---

During year ended April 30, 2025 and 2024, we recognized $15,950 and $4,034 worth of amortization expense, respectively.

The Company expects to recognize amortization expense for the capitalized website development and software costs of future years as follows:

---

| | |
|:---|:---|
| &nbsp;&nbsp;**For the fiscal year ending:** | &nbsp;&nbsp;**Amortization Expense** |
| &nbsp;&nbsp;April 30, 2026 | &nbsp;&nbsp;$27960 |
| &nbsp;&nbsp;April 30, 2027 | &nbsp;&nbsp;$26020 |
| &nbsp;&nbsp;April 30, 2028 | &nbsp;&nbsp;$26020 |
| &nbsp;&nbsp;April 30, 2029 | &nbsp;&nbsp;$25120 |
| &nbsp;&nbsp;April 30, 2030 | &nbsp;&nbsp;$13202 |

---

**MAG MAGNA CORP**

**NOTES TO THE FINANCIAL STATEMENTS**

**April 30, 2025 and 2024**

*Impairment of Long-Lived Assets*

The Company continually monitors events and changes in circumstances that could indicate carrying amounts of long-lived assets may not be recoverable. When such events or changes in circumstances are present, the Company assesses the recoverability of long-lived assets by determining whether the carrying value of such assets will be recovered through undiscounted expected future cash flows. If the total of the future cash flows is less than the carrying amount of those assets, the Company recognizes an impairment loss based on the excess of the carrying amount over the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or the fair value less costs to sell.

*Cash and Cash Equivalents*

The Company considers all highly liquid investments with remaining maturities at the date of purchase of three months or less to be cash equivalents.

*Fair Value of Financial Instruments*

ASC 820 "Fair Value Measurements and Disclosures" establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

These tiers include:

Level 1: defined as observable inputs such as quoted prices in active markets;

Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and

Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

Financial instruments consist of the Company's current assets, accounts payable and amounts due to a related party. The recorded values of all financial instruments approximate their current fair values because of their nature and respective relatively short maturity dates or durations.

*Basic and Diluted Loss Per Share*

The Company computes earnings (loss) per share in accordance with ASC 260-10-45 "Earnings per Share", which requires the presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic earnings (loss) per share is computed by dividing net earnings (loss) available to common stockholders by the weighted average number of outstanding common shares during the period. Diluted earnings (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive earnings (loss) per share excludes all potential common shares if their effect is anti-dilutive. The Company has no potential dilutive instruments, and therefore, basic and diluted earnings (loss) per share are equal.

 

*Income Taxes*

The Company accounts for income taxes under the asset and liability method, whereby deferred tax assets and liabilities are determined based on the difference between the financial statement and tax bases of assets and liabilities using the enacted tax rates in effect for the year in which the differences are expected to affect taxable income. A valuation allowance is established when necessary to reduce deferred tax assets to the amounts expected to be realized.

**MAG MAGNA CORP**

**NOTES TO THE FINANCIAL STATEMENTS**

**April 30, 2025 and 2024**

*Financial Statement Reclassification*

Certain account balances from prior periods have been reclassified in these condensed financial statements to conform to current period classifications.

*Accounting Standards Adopted in Fiscal 2025*

In November 2023, the Financial Standards Accounting Board (FASB) issued ASU 2023-07 "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures" which expanded annual and interim disclosure requirements for reportable segments, primarily through enhanced disclosures about significant segment expenses. The amendments do not change how segments are determined or aggregated, or how thresholds are applied to determine reportable segments. We adopted ASU 2023-07 during the year ended April 30, 2025. See Note 4 "Operating Segments" in the accompanying notes to the financial statements for further detail.

No other recently issued guidance adopted in Fiscal 2025 had a material impact on our financial statements upon adoption or is expected to have a material impact in future periods.

**NOTE 4 – OPERATING SEGMENTS**

The Company operates as a single operating segment, focusing on the introduction and promotion of alternative methods of raising chickens without the use of antibiotics.

The accounting policies of the operating segment are the same as those described in the summary of significant accounting policies. The Company's chief operating decision maker ("CODM") is the Chief Executive Officer. The CODM assesses performance for the segment and decides how to allocate resources based on net income (loss) that is reported on the income statement. The measure of segment assets is reported on the balance sheet as total assets.

**5. RELATED PARTY TRANSACTIONS**

As of April 30, 2025, the former director of the Company, Oleg Bilinski, advanced $221,927 to the Company. During the year ended April 30, 2025, Oleg Bilinski advanced to the Company $170,707 for the Company's operating expenses and $54,149 was repaid to the former Director. During the year ended April 30, 2024, Oleg Bilinski advanced to the Company $126,348 for the Company's operating expenses and $51,603 was repaid to the former Director. This loan is for up to $250,000, unsecured, interest-free, with no fixed payment term, for working capital purposes. The note is non-interest bearing and is due on demand.

**6. STOCKHOLDERS' EQUITY** 

Upon formation, the total number of shares of all classes of stock which the Company is authorized to issue is Seventy-Five Million (75,000,000) shares of Common Stock, par value of $0.001 per share.

On November 26, 2021 the Company issued 4,500,000 shares of its common stock at $0.001 per share to the former director of the Company, Oleg Bilinski, for total proceeds of $4,500.

During year ended April 30, 2024 the Company issued 1,329,047 shares of common stock for cash proceeds of $33,226 at $0.025 per share.

**MAG MAGNA CORP**

**NOTES TO THE FINANCIAL STATEMENTS**

**April 30, 2025 and 2024**

There were 5,829,047 shares of common stock issued and outstanding as of April 30, 2025 and 2024.

**7. COMMITMENTS AND CONTINGENCIES**

During the normal course of business, the Company may be exposed to litigation. When the Company becomes aware of potential litigation, it evaluates the merits of the case in accordance with Financial Accounting Standards Board ("FASB") ASC 450-20-50, *"Contingencies"*. The Company evaluates its exposure to the matter, possible legal or settlement strategies and the likelihood of an unfavorable outcome. If the Company determines that an unfavorable outcome is probable and can be reasonably estimated, it establishes the necessary accruals. As of April 30, 2025, the Company is not aware of any contingent liabilities that should be reflected in the consolidated financial statements.

**8. INCOME TAXES**

The Company has no tax position at April 30, 2025 for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. The Company recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. No such interest or penalties were recognized during the periods presented. The Company had no accruals for interest and penalties at April 30, 2025. The Company's utilization of any net operating loss carryforward may be unlikely as a result of its intended activities.

The valuation allowance at April 30, 2025 was $25,415. The net change in valuation allowance from April 30, 2024 to April 30, 2025 was $10,973. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred income tax assets will not be realized. The ultimate realization of deferred income tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred income tax liabilities, projected future taxable income, and tax planning strategies in making this assessment.

Based on consideration of these items, management has determined that enough uncertainty exists relative to the realization of the deferred income tax asset balances to warrant the application of a full valuation allowance as of April 30, 2025 and 2024. All tax years since inception remain open for examination by taxing authorities of US Federal and state of Wyoming.

The components of the Company's deferred tax asset computed at the federal statutory rate of 21% is as follows:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp; **April 30,** <br> **2025** | &nbsp;&nbsp; **April 30,** <br> **2024** |
| &nbsp;&nbsp;**Net operating loss carryforward** | $&nbsp;&nbsp;121024 | &nbsp;&nbsp;68770 |
| &nbsp;&nbsp;**Effective tax rate** | &nbsp;&nbsp;21% | &nbsp;&nbsp;21% |
| &nbsp;&nbsp;**Deferred tax asset** | &nbsp;&nbsp;25415 | 14442 |
| &nbsp;&nbsp;**Less: valuation allowance** | &nbsp;&nbsp;(25415) | &nbsp;&nbsp;(14442) |
| &nbsp;&nbsp;**Net deferred asset** | $&nbsp;&nbsp;- | $&nbsp;&nbsp;- |

---

**MAG MAGNA CORP**

**NOTES TO THE FINANCIAL STATEMENTS**

**April 30, 2025 and 2024**

The income tax provision differs from the amount of income tax determined by applying the statutory income tax rates to pretax income from continuing operations for the year ended April 30, 2025 due to the following:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp; **April 30,** <br> **2025** | &nbsp;&nbsp; **April 30,** <br> **2024** |
| &nbsp;&nbsp;**Book loss** | $&nbsp;&nbsp;10973 | $&nbsp;&nbsp;10679 |
| &nbsp;&nbsp;**Less: valuation allowance** | &nbsp;&nbsp;(10973) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10679) |
|  | $&nbsp;&nbsp;- | $&nbsp;&nbsp;- |

---

Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards of approximately $121,024 as of April 30, 2025, for federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carry forwards may be limited as to use in future years.

**9. SUBSEQUENT EVENTS**

In accordance with ASC 855, "Subsequent Events", the Company has analyzed its operations subsequent to April 30, 2025, and has determined that it does not have any material subsequent events to disclose in these financial statements other than the event listed below.

Subsequent to April 30, 2025, the Company's former CEO, Oleg Bilinski, advanced an additional approximately $14,351 on behalf of the Company. These funds were advanced under the Loan Payable – Related Party – See Note 5. In addition, on June 4, 2025, the former President and CEO, Oleg Bilinski, forgave his loan to the Company totaling $236,278. As a result, as of the filing date of this 10-K, the Company's loan balance to the former President and CEO was $0.

On June 4, 2025, there occurred a change in control of Mag Magna Corp, a Wyoming corporation (the "Company"). On such date, pursuant to a stock purchase agreement (the "Change-in-Control Agreement"), Wang Gang acquired 4,500,000 shares of the Company's common stock (the "Control Shares") from Oleg Bilinski. The Control Shares represent approximately 77.20% of the outstanding shares of the Company's common stock and constitute voting control of the Company. The total consideration paid by Mr. Wang for the Control Shares was $564,380.50 in cash. Additionally, effective June 4, 2025, Mr. Wang acquired an additional 142,372 shares of the Company's common stock from 18 Company shareholders for a total of $17,846.50 in cash, pursuant to separate stock purchase agreements.

In conjunction with the Change-in-Control Agreements, on June 4, 2025, Oleg Bilinki resigned as President, Chief Executive Officer, Treasurer, Secretary and Director of the Company, Tomasz Anczok resigned as a Director of the Company and Wang Gang was appointed as the Sole Director, President, Chief Executive Officer, Treasurer and Secretary of the Company.

Certain information regarding the background of Mr. Wang is set forth below.

Wang Gang, 36, has, since 2024, served as Manager at Yilong Energy Holding Co., Ltd., where his duties include market expansion initiatives in the energy sector, analysis of industry trends and competitor strategies, coordinating with technical and sales teams and negotiating contracts with key suppliers. From 2021 to 2024, Mr. Wang served as a

Director of Shenzhen Evergreen Retail Group, where his duties included business development, formulating and implementing strategic plans to expand the company's market presence in the retail industry. From 2015 to 2020, he was Store Manager at a SunnyMart Convenience Store, where he managed day-to-day operations of a 24-hour convenience store. From 2011 to 2015, he was a Sales Representative of Shenzhen Star Trading Co., Ltd., where his duties included promoting consumer electronics products (e.g., mobile accessories, smart home, devices) in Shenzhen's retail market, while developing relationships with 50+ local retailers. Mr. Wang earned a Bachelor of Business Administration from Shenzhen Polytechnic, Nanshan, Shenzhen, Guangdong, China. Until such time as the Company's level of operations increases, Mr. Wang will devote not less than 20 hours per week on the business of the Company.

**Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure.**

None

**Item 9A. Controls and Procedures.**

***Management's Report on Internal Controls over Financial Disclosure Controls and Procedures***

Management is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Exchange Act Rule 13a-15(f)). The Company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. Under the supervision and with the participation of management, including the Chief Executive Officer and Chief Financial Officer at the time, the Company conducted an evaluation of the effectiveness of the Company's internal control over financial reporting as of April 30, 2025, using the criteria established in "Internal Control - Integrated Framework" issued by the Committee of Sponsoring Organizations of the Treadway Commission ("COSO") in 2013.

A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Company's annual or interim financial statements will not be prevented or detected on a timely basis. In its assessment of the effectiveness of internal control over financial reporting as of April 30, 2025, the Company determined that there were control deficiencies that constituted material weaknesses, as described below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Company does not have an adequate internal control structure or adequate oversight over financial
reporting – The Company has only one member of management whom is also the Company's sole director, therefore the Company
lacks adequate segregation of duties. Further, the Company currently has no Audit Committee. While not being legally obligated to have
an audit committee, it is management's view that such a committee, including a financial expert member, is an utmost important entity
level control over the Company's financial statement. Currently the Board of Directors acts in the capacity of the Audit Committee,
and does not include a member that is considered to be independent of management to provide the necessary oversight over management's
activities. Lastly, due to the minimal operations and small size of the Company we have not employed individuals that have the necessary
accounting knowledge and expertise to ensure accurate financial reporting under US GAAP.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The Company lacks appropriate information technology controls - As of April 30, 2025, the Company retains
copies of all financial data and material agreements; however, there is no formal procedure or evidence of normal backup of the Company's
data or off-site storage of data in the event of theft, misplacement, or loss due to unmitigated factors.

Accordingly, the Company concluded that these control deficiencies resulted in a reasonable possibility that a material misstatement of the annual or interim financial statements will not be prevented or detected on a timely basis by the company's internal controls.

As a result of the material weaknesses described above, management has concluded that the Company did not maintain effective internal control over financial reporting as of April 30, 2025, based on criteria established in Internal Control- Integrated Framework issued by COSO in 2013.

***System of Internal Control over Financial Reporting***

Our management is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer's management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

-On April 30, 2025, under the supervision and with the participation of our management at the time, an evaluation was conducted of the effectiveness of the design and operation of our disclosure controls and procedures as of April 30, 2025. Based on that evaluation, our management concluded that our disclosure controls and procedures were not effective as of such date to ensure that information required to be disclosed in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms.

***Changes in Internal Control over Financial Reporting***

There was no change in the Company's internal control over financial reporting during the annual period covered by this report that has materially affected, or is reasonably likely to materially affect, the Company's internal control over financial reporting.

**Item 9B. Other Information.**

None.

**Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.**

None.

**<u>PART III</u>**

**Item 10. Directors, Executive Officers and Corporate Governance.**

**DIRECTORS, EXECUTIVE OFFICERS, PROMOTER AND CONTROL PERSONS**

The name, age and titles of our executive officer and director is as follows:

---

| | | |
|:---|:---|:---|
| **Name and Address of**<br> **Executive Officer and/or Director** | **Age** | **Position** |
| Wang Gang<br> Room 2318, Anxiaowo Apartment, Huaqiang Square,<br> Fuhai Sub-District, Bao'an District, Shenzhen City,<br> Guangdong Province, China, 518000 | 36 | Director, President, Chief Executive Officer, Treasurer and Secretary |

---

Wang Gang has, since 2024, served as Manager at Yilong Energy Holding Co., Ltd., where his duties include market expansion initiatives in the energy sector, analysis of industry trends and competitor strategies, coordinating with technical and sales teams and negotiating contracts with key suppliers. From 2021 to 2024, Mr. Wang served as a Director of Shenzhen Evergreen Retail Group, where his duties included business development, formulating and implementing strategic plans to expand the company's market presence in the retail industry. From 2015 to 2020, he was Store Manager at a SunnyMart Convenience Store, where he managed day-to-day operations of a 24-hour convenience store. From 2011 to 2015, he was a Sales Representative of Shenzhen Star Trading Co., Ltd., where his duties included promoting consumer electronics products (e.g., mobile accessories, smart home, devices) in Shenzhen's retail market, while developing relationships with 50+ local retailers. Mr. Wang earned a Bachelor of Business Administration from Shenzhen Polytechnic, Nanshan, Shenzhen, Guangdong, China. Until such time as the Company's level of operations increases, Mr. Wang will devote not less than 20 hours per week on the business of the Company.

As of the date of this report, Wang Gang holds 4,642,772 shares of common stock which represents 79.65% of shares outstanding.

During the past ten years our Director, President, Chief Executive Officer, Treasurer and Secretary, Mr. Wang has not been the subject to any of the following events:

* Any bankruptcy petition filed by or against any business of which they were a general partner
or executive officer either at the time of the bankruptcy or within two years prior to that time.

* Any conviction in a criminal proceeding or being subject to a pending criminal proceeding.

* An order, judgment, or decree, not subsequently reversed, suspended or vacated, or any court
of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting Mr. Wang's involvement
in any type of business, securities or banking activities.

* Found by a court of competent jurisdiction (in a civil action), the Securities and Exchange
Commission or the Commodity Future Trading Commission to have violated a federal or state securities or commodities law, and the judgment
has not been reversed, suspended or vacated.

* Were the subject of any order, judgment or decree, not subsequently reversed, suspended or
vacated, of any Federal or State authority barring, suspending or otherwise limiting for more than 60 days the right to engage in any
activity described in paragraph (f)(3)(i) of this section, or to be associated with persons engaged in any such activity;

* Were found by a court of competent jurisdiction in a civil action or by the Commission to have
violated any Federal or State securities law, and the judgment in such civil action or finding by the Commission has not been subsequently
reversed, suspended, or vacated;

* Were the subject of, or a party to, any Federal or State judicial or administrative order,
judgment, decree, or finding, not subsequently reversed, suspended or vacated, relating to an alleged violation of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Any Federal or State securities or commodities law or regulation; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Any law or regulation respecting financial institutions or insurance companies including, but not limited to, a temporary or permanent injunction, order of disgorgement or restitution, civil money penalty or temporary or permanent cease-and-desist order, or removal or prohibition order; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity.

**Term of Office**

Our Directors are appointed to hold office until the next annual meeting of our stockholders or until their respective successor is elected and qualified, or until they resign or are removed in accordance with the provisions of the Wyoming Revised Statutes. Our officers are appointed by our Board of Directors and hold office until removed by the Board or until their resignation.

**Director Independence**

Our Board of Directors is currently composed of one member, Wang Gang. Wang Gang does not qualify as independent. Our board of directors has not made a subjective determination as to each director that no relationships exist which, in the opinion of our board of directors, would interfere with the exercise of independent judgment in carrying out the responsibilities of a director Had our Board of Directors made these determinations, our board of directors would have reviewed and discussed information provided by the directors and us with regard to each director's business and personal activities and relationships as they may relate to us and our management.

**Item 11. Executive Compensation.**

The following table sets forth certain information about compensation paid, earned or accrued for services by our Executive Officer for the fiscal years ended April 30, 2025 and 2024:

**Summary Compensation Table**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Name and Principal Position | Year | Salary ($) | Bonus ($) | Stock Awards ($) | Option Awards ($) | Non-Equity Incentive Plan Compensation ($) | All Other Compensation ($) | Total ($) |
| Wang Gang,<br> President, Director, Treasurer and Secretary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025<br>| -0- | -0- | -0- | -0- | -0- | -0- | -0- |
| Wang Gang,<br> President, Director, Treasurer and Secretary | 2024 | -0- | -0- | -0- | -0- | -0- | -0- | -0- |
| Oleg Bilinski,<br> Former President | 2025 | -0- | -0- | -0- | -0- | -0- | -0- | -0- |
| Oleg Bilinski,<br> Former President | 2024 | -0- | -0- | -0- | -0- | -0- | -0- | -0- |

---

There are no current employment agreements between the Company and its officer.

**Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.**

The following table sets forth certain information relating to the beneficial ownership of our common stock as of July 23, 2025, by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● each person, or group of affiliated persons, known by us to beneficially own more than five percent of the outstanding shares of our common stock;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● each of our directors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● each of our named executive officers; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● all directors and executive officers as a group.

---

| | | | |
|:---|:---|:---|:---|
| **Title of Class** | **Name and Address of Beneficial Owner** | **Amount and Nature of Beneficial Ownership** | **Percentage** |
| Common Stock | Wang Gang<br> Room 2318, Anxiaowo Apartment, Huaqiang Square,<br> Fuhai Sub-District, Bao'an District, Shenzhen City,<br> Guangdong Province, China, 518000 | 4,642,772 shares | 79.65% |

---

Beneficial ownership is determined in accordance with the rules of the SEC which generally attribute beneficial ownership of securities to persons who possess sole or shared voting power and/or investment power with respect to those securities. Unless otherwise indicated, voting and investment power are exercised solely by the person named above or shared with members of such person's household. This includes any shares such person has the right to acquire within 60 days.

Percent of class is calculated on the basis of the number of fully diluted shares outstanding as of July 23, 2025 (5,829,047).

Effective June 4, 2025, there occurred a change in control of Mag Magna Corp, a Wyoming corporation. On such date, pursuant to a stock purchase agreement (the "Change-in-Control Agreement"), Wang Gang acquired 4,500,000 shares of the Company's common stock (the "Control Shares") from Oleg Bilinski. The Control Shares represent approximately 77.20% of the outstanding shares of the Company's common stock and constitute voting control of the Company. The total consideration paid by Mr. Wang for the Control Shares was $564,380.50 in cash. Additionally, effective June 4, 2025, Mr. Wang acquired an additional 142,772 shares of the Company's common stock from 18 Company shareholders for a total of $17,846.50 in cash, pursuant to separate stock purchase agreements.

**Item 13. Certain Relationships and Related Transactions, and Director Independence.** 

On November 26, 2021, we issued a total of 4,500,000 shares of Common stock to Oleg Bilinski, our former president, treasurer, secretary and director in consideration of $4,500.

Further, effective December 2, 2021, Mr. Bilinski formally agreed to advance funds to the Company to loan the Company the principal sum of $60,000 for business development under a Loan Agreement. On March 11, 2024, Mr. Bilinski formally entered into an Amendment to the Loan Agreement, increasing the loan amount to $120,000 for business purposes. The loan amount was increased to $160,000 pursuant to an amendment dated September 16, 2024, to $220,000 under a subsequent amendment dated March 21, 2025, and to $250,000 under a subsequent amendment dated April 1, 2025.

There are no promoters of the Company, and have been none, as defined in Item 404(c)(1)(i) of Regulation S-K, other than Mag Magna Corp director.

**Item 14. Principal Accounting Fees and Services.**

The following is a summary of the fees billed to us by our former independent auditors (BF Borgers CPA PC) and current independent auditors (Mac Accounting Group & CPAs LLP) for professional services rendered related to the fiscal years ended April 30, 2025 and 2024:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**2025** | &nbsp;&nbsp;**2024** |
| &nbsp;&nbsp;Audit Fees | $&nbsp;&nbsp;27511 | $&nbsp;&nbsp;19250 |
| &nbsp;&nbsp;Audit Related Fees | &nbsp;&nbsp;- | &nbsp;&nbsp;- |
| &nbsp;&nbsp;Tax Fees | &nbsp;&nbsp;- | &nbsp;&nbsp;- |
| &nbsp;&nbsp;All Other Fees | &nbsp;&nbsp;- | &nbsp;&nbsp;- |
| &nbsp;&nbsp;Total | $&nbsp;&nbsp;27511 | $&nbsp;&nbsp;19250 |

---

Fees for all services were pre-approved by the Board of Directors.

**Audit Fees.** Consists of fees billed for professional services rendered for the audit of our financial statements and review of the interim financial statements included in quarterly reports and services in connection with registration statement filings and statutory and regulatory filings or engagements.

**Audit-Related Fees.** Consists of fees billed for assurance and related services that are reasonably related to the performance of the audit or review of our financial statements and are not reported under "Audit Fees."

**Tax Fees.** Consists of fees billed for professional services for tax compliance, tax advice, and tax planning.

**All Other Fees.** Consists of fees for products and services other than the services reported above.

**<u>PART IV</u>**

**Item 15. Exhibits and Financial Statement Schedules.**

---

| | |
|:---|:---|
| &nbsp;&nbsp;Exhibit No. | Description |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;[Insider Trading Policy](ex19.htm) |
| &nbsp;&nbsp;31.1 | &nbsp;&nbsp;[Certification of Chief Executive Officer and Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).](ex31_1.htm) |
| &nbsp;&nbsp;32.1 | &nbsp;&nbsp;[Certifications pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.](ex32_1.htm) |

---

**Item 16. Form 10-K Summary.**

As permitted, the registrant has elected not to supply a summary of information required by Form 10-K.

**SIGNATURES**

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
| **MAG MAGNA CORP** | **MAG MAGNA CORP** | **MAG MAGNA CORP** |
| Date: July 23, 2025 | By: | s/ Wang Gang |
|  |  | Wang Gang, Chief Executive Officer/Director |
|  |  | (Principle Executive Officer)<br>|
|  |  | s/ Wang Gang |
|  |  | Wang Gang, Chief Financial Officer/Chief Accounting Officer/Director (Principle Financial Officer) |

---

## Ex-19

EXHIBIT 19

MAG MAGNA CORP INSIDER TRADING POLICY

<u>General</u>

This Insider Trading Policy (this "Policy") describes the standards of **Mag Magna Corp** (the "Company," "we" or "us") on trading, and causing the trading of, the Company's securities or securities of certain other publicly traded companies while in possession of confidential information. In the course of performing your duties for the Company, you may, at times, have information about us that is not generally available to the public. Because of your relationship with us, if you are aware of material nonpublic information about the Company, federal and state securities laws prohibit you from trading in the Company's securities or providing material nonpublic information to others who may trade on the basis of that information. This Policy seeks to explain some of your obligations to us and under the law, to prevent actual or the appearance of insider trading, and to protect our reputation for integrity and ethical conduct.

This Policy applies to all directors, officers, and employees of the Company, as well as their family members, individuals with whom they have a relevant relationship, and any entities they influence or control, as outlined below. The Company may also designate other individuals—such as contractors or consultants with access to material nonpublic information—as subject to this Policy.

Additional information about this Policy may be found in <u>Appendix A</u>, which contains responses to frequently asked questions. Please read this Policy and its Appendices in their entirety. **You will be required to certify to us that you have read and understood, and agree to comply with, this Policy by signing and returning to us the form of certification that is attached as <u>Appendix B</u>**.

**<u>Audit and Risk Committee</u>**

The Board's Audit and Risk Committee (the "Committee") has the authority to interpret and enforce this Policy. All questions about this Policy should be directed in the first instance to the Chief Financial Officer of the Company. Any suspected or known violations of this Policy should be reported immediately to the Chief Financial Officer or the Committee.

Your compliance with this Policy is of the highest importance for you and our Company. If you have any questions about this Policy, including its application to any proposed transaction, you may obtain additional guidance from the Chief Financial Officer.

<br> *Revised January 2025*

------

**EXHIBIT 19**

<u>Persons Subject to this Policy</u>

This Policy applies to you, as well as to your family members and any other individuals with whom you have a relationship—whether legal, personal, or otherwise—where that relationship could reasonably result in their transactions being attributed to you. This includes any legal entities influenced or controlled by you or by others connected to you who are also subject to this Policy, such as corporations, partnerships, or trusts. For the purposes of this Policy, "family members" include individuals in your household or who are financially dependent on you, as well as other relatives whose securities transactions you direct or influence. Please refer to Appendix A for more detail on whose transactions may be considered attributable to you.

Transactions by your family members and others covered under this Policy due to their relationship with you must be treated as if they were your own for the purposes of this Policy and relevant securities laws. As a result, all trading restrictions and pre-clearance requirements that apply to you also apply to these individuals. You are personally responsible for ensuring that your family members and other related individuals comply with this Policy. Any violations—by you or by individuals associated with you—may result in disciplinary measures, up to and including termination for cause.

If you are a former, temporary, or retired director, executive officer, or Authorized Employee (as defined below), this Policy will remain in effect for you and related individuals covered under it until the later of:

* The seventh full trading day after the Company publicly
releases earnings for the fiscal quarter in which you depart; or

* The seventh full trading day after any material
nonpublic information known to you becomes public or ceases to be material.

For all other former, temporary, or retired personnel—and any related individuals covered by this Policy—it will continue to apply until the second full trading day after any material nonpublic information known to you becomes public or is no longer material.

<u>Trading Restrictions and Guidelines</u>

**1. No transactions while in possession of material nonpublic information**

While in the possession of information that is "material" and "nonpublic" as defined in <u>Appendix A</u>, you may not trade in MGNC securities, or engage in any other action to take advantage of, or pass on to others, material nonpublic information. The term

<br> *Revised January 2025*

------

**EXHIBIT 19**

**"trading"** includes any purchase, sale, gift, transfer, or other transaction involving the Company's securities. Currently, the Company only issues **common stock**, which may be either **restricted or unrestricted** (freely tradable). This Policy applies to all transactions involving the Company's common stock, regardless of whether the shares are restricted or unrestricted. You are also prohibited, as described below, from trading in the securities of other publicly traded companies if you have access to material nonpublic information about them.

There are no exceptions to this Policy, unless explicitly stated otherwise in the sections below. Transactions that might seem necessary or reasonable for personal reasons—such as needing to raise funds for an emergency—or those involving small amounts, are not exempt from this Policy. Securities laws do not recognize mitigating circumstances, and even the appearance of an improper transaction must be avoided to protect the Company's reputation for maintaining the highest ethical standards. As a result, you may be required to refrain from a planned transaction in the Company's or another company's securities—even if you had intended to proceed before becoming aware of material nonpublic information, and even if delaying the transaction could result in a financial loss or missed opportunity.

**2. Policy applies to information relating to other public companies**

This Policy also applies to material nonpublic information concerning other publicly traded companies, including those with which the Company has contractual relationships or is engaged in negotiations. If you obtain such information through your work with the Company or while providing services on its behalf, you must treat it with the same level of care as you would material nonpublic information about the Company itself.

Additionally, *the Securities and Exchange Commission* ("SEC") has broadened its interpretation of insider trading to include what is known as "shadow trading"—the use of material nonpublic information about one company to trade in the securities of another, economically-linked company (such as a competitor). If you come into possession of this type of information through your role at the Company, trading on it may also expose you to insider trading liability.

**3. Trading windows for directors, executive officers and Authorized Employees**

In addition to the general restrictions described above, if you are a director, executive officer, or other designated individual (a "Authorized Employee"), you may

<br> *Revised January 2025*

------

**EXHIBIT 19**

trade in the Company's securities only during a specific trading window. This window begins on the third full trading day after the public release of our annual or quarterly earnings and remains open through the last day of the final month of that fiscal quarter—and even then, only if you are not in possession of material nonpublic information about the Company.

Because directors, executive officers, and Authorized Employees are more likely to have ongoing access to confidential information about the Company's operations, limiting their trading to this "window period" helps reduce the risk that trades are made based on material information not yet available to the public. Additionally, before trading during the window period, these individuals must follow the pre-clearance procedures outlined in the section below.

**4. Pre-clearance procedures for directors, executive officers and Authorized Employees**

If you are a director, executive officer, or Authorized Employee, you must obtain pre-clearance via email from the Company before trading or engaging in any transaction involving the Company's securities. This requirement is intended to help enforce the trading restrictions outlined in this Policy. The following rules apply:

* Timing of Requests:

- Submit any proposed transaction for pre-clearance at least one full trading day in advance.

- For proposed pledges of Company securities as collateral, submit the request at least ten full trading days before the planned execution of any related documents.

* Window Period Confirmation:

- The Company must confirm via email that the trading window is open and expected to remain open for the duration of the proposed transaction.

- This confirmation must remain valid and not be revoked by oral or email notice.

* Completion of Pre-Cleared Trades:

- Any approved transaction must be completed within four full trading days of receiving pre-clearance, unless an exception is granted.

- If the transaction is not completed within this time frame, a new pre-clearance must be obtained.

* Company Discretion:

- The Company is under no obligation to approve any proposed transaction.

- If pre-clearance is denied, you must not disclose this fact to others.

<br> *Revised January 2025*

------

**EXHIBIT 19**

* Your Responsibilities:

- It is your responsibility to ensure that you do not possess material nonpublic information at the time of the transaction.

- When requesting pre-clearance, carefully consider whether you are aware of any such information and disclose all relevant facts to the Company.

- If you are subject to Section 16 of the Securities Exchange Act of 1934, you should also consider whether you have effected any non-exempt transactions in the past six months.

- You must also be prepared to comply with Rule 144 under the Securities Act of 1933 and any related Form 144 filing requirements.

**5. Prohibited and limited transactions**

To protect the Company and its personnel from legal risk and the appearance of improper conduct, the following activities involving Company securities are prohibited, even if you do not possess material nonpublic information:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Short Sales:

Selling Company stock you do not own, including short selling.

* Options and Derivatives:

Buying or selling options or other derivatives based on Company securities.

* Hedging:

Engaging in any hedging or monetization transactions, such as prepaid variable forwards or collars.

* Margin Accounts:

Holding Company securities in margin accounts or using them as collateral for margin loans.

<br> *Revised January 2025*

------

**EXHIBIT 19**

Restricted Activities (Require Pre-Approval)

&nbsp;&nbsp;&nbsp;&nbsp;· Pledging Securities:

Pledging Company securities as loan collateral is generally prohibited. Exceptions may be granted with pre-approval requested at least 10 trading days in advance, and only if you demonstrate the ability to repay without relying on the pledged shares.

&nbsp;&nbsp;&nbsp;&nbsp;· Standing and Limit Orders:

Strongly discouraged unless under an approved Rule 10b5-1 plan. If used, must be short-term and comply with this Policy.

&nbsp;&nbsp;&nbsp;&nbsp;· Managed Accounts:

If you have an account managed by someone else, you must instruct them not to trade in Company securities unless under an approved 10b5-1 plan.

*Does not apply to investments in mutual funds.*

<u>Additional Guidelines and Related Requirements</u>

**6. Reports of purchases and sales**

If you are a director, executive officer, or otherwise subject to Section 16 of the Exchange Act:

* You must comply with all reporting obligations under
Section 16 and SEC rules.

* You are required to immediately notify the
Company of any transactions in Company securities by:

- You

- Your family members, and

- Any entities you control that are subject to this Policy.

Same-day reporting is required to ensure timely SEC filings, which must generally be made within two business days of any reportable transaction.

<br> *Revised January 2025*

------

**EXHIBIT 19**

 ****

**7. Reports of unauthorized trading or disclosure**

If you have supervisory authority over any of our personnel, you must promptly report to the Chief Financial Officer or the Committee any trading activity by our personnel that you reasonably believe may violate this Policy or applicable securities laws. Since the SEC can impose civil penalties on the Company, directors, and supervisory personnel for failing to take appropriate measures to prevent illegal trading, it is important that suspected violations are reported as early as possible.

<u>Disclosure Restrictions</u>

**8. No tipping**

You must not share material nonpublic information about the Company ("tipping") before it is publicly disclosed. Exercise caution when discussing such information with personnel who do not have a legitimate "need to know," as well as with family, friends, or others outside the Company—even if they are subject to this Policy. To avoid any appearance of wrongdoing, refrain from discussing our business, prospects, or making buy or sell recommendations about our securities or those of related or economically linked companies (see Section 2 for details). Unlawful tipping includes sharing information with friends, family, or acquaintances in a way that suggests an intent to help them profit or avoid a loss.

**9. Internet message boards, chat rooms and discussion groups**

To prevent unauthorized disclosure, you are prohibited from posting or responding to any messages about the Company on internet message boards, chat rooms, discussion groups, or other public forums. All communications about the Company should be handled carefully and only through authorized channels to ensure compliance with securities laws and protect confidential information.

<br> *Revised January 2025*

------

**EXHIBIT 19**

**APPENDIX A: QUESTIONS AND ANSWERS**

***Why did the Company adopt this Policy?***

The Company's Board of Directors adopted this Policy to ensure compliance with federal and state securities laws that prohibit individuals who possess material nonpublic information from (1) trading in the Company's securities, and (2) sharing such information with others who might trade based on it. This Policy helps protect the integrity of the Company and the markets while promoting ethical conduct.

***What information is "material"?***

Information is considered material if a reasonable investor would view it as important when deciding to buy, hold, or sell securities. Material information includes any details that could affect the Company's stock price—or, if related to another company, that company's stock price—whether positive or negative. There is no exact test for materiality; it depends on all facts and circumstances and is often judged in hindsight by enforcement authorities.

While it's impossible to list every example, material information may include:

* Earnings results and forecasts

* Guidance on earnings estimates

* Mergers, acquisitions, joint ventures, or major
asset changes

* Significant contracts related to the Company's
business

* New or changed investments or financing arrangements

* Changes in auditors or auditor concerns

* Cybersecurity risks, incidents, or breaches

* Events affecting Company securities (e.g., defaults,
stock splits, dividend changes)

* Bankruptcies or receiverships

* Regulatory approvals, changes, or analyses affecting
the Company

* Changes in management or the Board of Directors

* Government investigations, major litigation, or
their resolution

Because materiality can be uncertain and circumstances vary, any trading carries risk. When in doubt, assume information is material and consult the Company before trading.

***What information is "nonpublic"?***

Information is considered nonpublic if it has not been widely disclosed to the public. To show that information has been publicly disclosed, it must be broadly disseminated through sources such as the Dow Jones "broad tape," newswire services, widely available radio or TV broadcasts, widely circulated newspapers, magazines, news websites, or SEC filings accessible on the SEC's website.

Information that is only shared internally with Company employees or with a limited group of analysts, brokers, or institutional investors is not considered widely disseminated. Even after broad dissemination, the investing public must have time to absorb the information. Generally, this means waiting until the second full trading day after the information's release before it is considered public.

If you possess material nonpublic information, you may only trade once official announcements have been sufficiently publicized and the public has had time to evaluate the information. Remember, insider trading is not allowed simply because rumors or unofficial reports exist. You should avoid attempting to "beat the market" by trading at or shortly after the time of an official disclosure.

***What if I can't tell whether information is material or nonpublic?***

If you are uncertain whether information you possess is material or nonpublic, you should consult with the Company before trading. Additionally, if you are a director, executive officer, or Authorized Employee, you are required to consult with the Company prior to any trading, as specified in this Policy.

***Whose transactions may be attributable to me?***

As explained elsewhere in this Policy, it applies to you, your family members, and any other individuals with whom you have a relationship—legal, personal, or otherwise—that could reasonably cause their transactions to be attributed to you. This also includes any legal entities influenced or controlled by you or such related persons, like corporations, partnerships, or trusts. Your "family members" include those living with you, financially dependent on you, or whose securities transactions you direct or influence. You may also be responsible for individuals you live with or who consult you before trading, if their transactions could be attributed to you. In all cases, you must ensure that anyone whose trading activities you directly or indirectly influence complies with this Policy.

***What are the reasons for maintaining confidentiality?***

Failing to keep material nonpublic information confidential can seriously damage our business and expose you to significant civil and criminal penalties. U.S. federal securities laws prohibit anyone who has a duty to keep material inside information confidential from using it for buying or selling securities. This applies regardless of how the information was obtained—whether through your employment, board service, friends, family, acquaintances, or even by overhearing conversations.

***What are some of the consequences of violating this Policy?***

Federal and state laws prohibit buying or selling securities while in possession of material nonpublic information, as well as sharing such information with others who trade on it. The SEC, Department of Justice, and other authorities actively enforce these laws. Penalties for insider trading can be severe, including hefty fines and imprisonment.

Individuals found guilty may also be barred from serving as directors or officers of public companies. There is no minimum transaction size to trigger insider trading liability— even small trades can lead to investigations and legal action. Companies and "controlling persons," such as directors, officers, and managers, may also be held liable if they fail to prevent illegal trading or knowingly ignore potential violations by employees.

Beyond legal penalties, any perception of wrongdoing can harm our reputation and investor trust. Therefore, violations of this policy may result in disciplinary measures, including termination or removal for cause.

***What measures are appropriate to safeguard material information?***

Material information about the Company or its business that is not public must be kept strictly confidential. Only share such information with those who have a clear "need to know," limiting the audience as much as possible and only in secure settings. Always exercise caution and avoid discussing sensitive information in public places like elevators, restaurants, or airplanes. Be careful when talking on cell phones or cordless phones. To protect confidentiality, only authorized personnel may disclose material information to the public or respond to media, analyst, or other inquiries, following the Company's policies.

**APPENDIX B:**

**EMPLOYEE CERTIFICATION**

I certify to Mag Magna Corp (the "**Company**") that:

I have read and understand the Company's Insider Trading Policy currently in effect (the "**Policy**");

- I agree to comply at all times with the most current Policy during the duration of my employment or other relationship with the Company;

- I have complied with the Policy for as long as it has applied to me; and

I understand that any violation of the Policy by me, my family members or any other persons who are subject to the Policy because of their relationships with me may result in disciplinary action against me, including the termination of my employment or other relationship with the Company, at the option of the Company.

Signature: <u>________________</u>

Print name: <u>_______________</u>

Date: <u>____________________</u>

## Exhibit 31.1

**EXHIBIT 31.1**

**Certification of Principal Executive Officer Pursuant**

**to Section 302 of the Sarbanes-Oxley Act of 2002**

I, Wang Gang, certify that:

1. I
 have reviewed this Annual Report on Form 10-K of MAG MAGNA CORP. (the "Company") for the fiscal year ended April 30,
 2025;

2. Based
 on my knowledge, this annual report does not contain any untrue statement of a material fact or omit to state a material fact necessary
 to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to
 the period covered by this report;

3. Based
 on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material
 respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in
 this report;

4. The
 registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures
 (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange
 Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. Designed
 such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
 to ensure that material information relating to the registrant, is made known to us by others within those entities, particularly
 during the period in which this report is being prepared;

b. Designed
 such internal control over financial reporting, or caused such internal control to be designed under our supervision, to provide
 reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes
 in accordance with generally accepted accounting principles.

c. Evaluated
 the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about
 the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;
 and

d. Disclosed
 in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's
 most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected,
 or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The
 registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial
 reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing
 the equivalent functions):

a. All
 significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are
 reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information;
 and

b. Any
 fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's
 internal control over financial reporting.

---

| | | |
|:---|:---|:---|
| Date: July 23, 2025 | By: | s/ Wang Gang |
|  |  | Wang Gang, Chief Executive Officer/Director |
|  |  | (Principle Executive Officer)<br>|
|  |  | s/ Wang Gang |
|  |  | Wang Gang, Chief Financial Officer/Chief Accounting Officer/Director (Principle Financial Officer) |

---

## Exhibit 32.1

**EXHIBIT 32.1**

**CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO**

**SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002**

Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, I, Wang Gang, Chief Executive Officer and Chief Financial Office of MAG MAGNA CORP. (the "Company"), hereby certify, that, to my knowledge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Annual Report on Form 10-K for the fiscal year ended April 30, 2025 (the "Report") of the Company fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

---

| | | |
|:---|:---|:---|
| Date: July 23, 2025 | By: | s/ Wang Gang |
|  |  | Wang Gang, Chief Executive Officer/Director |
|  |  | (Principle Executive Officer)<br>|
|  |  | s/ Wang Gang |
|  |  | Wang Gang, Chief Financial Officer/Chief Accounting Officer/Director (Principle Financial Officer) |

---

A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement has been provided to the Company and will be retained by the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.