For the quarter ending 2025-09-30, MMCP has $598,504 in assets. $1,268,016 in debts. $58,677 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 58,677 | 343,390 | ||
| Draws against commissions | 220,768 | 214,084 | ||
| Prepaids | 8,138 | 16,921 | ||
| Prepaid stock compensation | 92,500 | 138,750 | ||
| Property and equipment, net | - | 0 | ||
| Total current assets | 380,083 | 713,145 | ||
| Operating lease right of use asset | 218,421 | 233,403 | ||
| Total other assets | 218,421 | 233,403 | ||
| Total assets | 598,504 | 946,548 | ||
| Accounts payable and accruals | 203,363 | - | ||
| Loan payable-Nonrelated Party | 10,638 | - | ||
| Loan payable-Related Party | 560,000 | - | ||
| Operating lease liability current portion | 174,292 | - | ||
| Total current liabilities | 948,293 | 806,849 | ||
| Operating lease liability net of current portion | 180,361 | 222,785 | ||
| Loan payable, net of current portion | 139,362 | 139,362 | ||
| Preferred stock, value-Series APreferred Stock | - | 0 | ||
| Long term liabilities | 319,723 | 362,147 | ||
| Preferred stock, value | - | 0 | ||
| Total liabilities | 1,268,016 | 1,168,996 | ||
| Common stock, 0.00001 par value, 480,000,000 shares authorized 100,055,935 shares issued and outstanding | 1,000 | 1,000 | ||
| Additional paid in capital | 2,804,236 | 2,804,236 | ||
| Accumulated deficit | -3,474,748 | -3,027,684 | ||
| Total stockholders equity | -669,512 | -222,448 | ||
| Total liabilities and stockholders equity | 598,504 | 946,548 | ||
Mag Mile Capital, Inc. (MMCP)
Mag Mile Capital, Inc. (MMCP)