LAMY (LMMY) is a pre-revenue startup targeting the eLearning and gaming markets by developing a financial education platform for children. The company's planned product is twoplus1, a subscription-based video game designed to teach finance and real estate concepts through an immersive experience. Revenue is intended to come from subscription fees and in-game commissions on virtual property trades, though as of the 10-K filed October 17, 2025 (fiscal year ended May 31, 2025), no revenue has been reported. The filing discloses going concern doubt, with auditors performing procedures to evaluate the company's ability to continue operations. CEO and CFO Shengwu Zhang holds 67.51% of outstanding common stock and received no cash compensation in FY2025 or FY2024. The company self-describes as a startup with low startup costs operating in a niche with numerous competitors, though no specific competitors are named in the filing.
Source: SEC 10-K, filed 2025-10-17
Industry: Services-Educational Services
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