MGNC: the balance sheet

MyFinsight

Balance Sheets	2026-01-31	2025-10-31	2025-07-31
Cash	26,400	NaN	NaN
Prepaid expense	0	9,345	9,345
Total current assets	26,400	9,345	9,345
Mining assets	1,900,000	NaN	NaN
Intangible assets, net	0	103,745	111,034
Total other assets	1,900,000	103,745	111,034
Total assets	1,926,400	113,090	120,379

Accounts payable	5,668	5,668	396
Deferred income	0	0	5,272
Loan payable related party	NaN	NaN	92,462
Acquisition payable	300,000	NaN	NaN
Due to shareholder	NaN	NaN	58,972
Loan payable related parties	195,869	151,434	NaN
Total current liabilities	501,537	157,102	157,102
Total liabilities	501,537	157,102	157,102
Common stock, 0.001 par value, 500,000,000 shares authorized, 7,829,047 and 5,829,047 shares issued and outstanding at january 31, 2026 and april 30, 2025, respectively	7,829	5,829	5,829
Additional paid-in capital	1,766,897	168,897	168,897
Accumulated deficit	-349,863	-218,738	-211,449
Total stockholders equity (deficit)	NaN	NaN	36,723
Total stockholders equity / (deficit)	1,424,863	-44,012	NaN
Total liabilities & stockholders equity (deficit)	1,926,400	113,090	120,379

Unit: Dollar. Numbers labeled with * are estimated quarterly values.