My City Builders Inc (OTC Pink: MYCB) is a shell-stage company that previously operated in residential real estate acquisition, renovation, and construction through subsidiaries RAC Real Estate Acquisition Corp. and RAC Gadsden LLC. Revenue from continuing operations was zero for both the years ended July 31, 2025, and July 31, 2024. The company disposed of its two primary operating subsidiaries on July 8, 2025, recognizing a loss from discontinued operations of $162,513 and a loss on disposal of $230,730, leaving it with no active revenue-generating business as of the filing date. Net loss from continuing operations was $105,072 for the year ended July 31, 2025. The company trades on the OTC Pink limited market, a venue the OTC Markets website describes as designed for companies with financial reporting problems, economic distress, or in bankruptcy. Total cash on hand was $2,189 as of July 31, 2025.
- Revenue model
- No revenue was generated from continuing operations for the years ended July 31, 2025, or July 31, 2024. Prior activities included residential home renovation and sale, land acquisition for home construction, and promissory note lending that generated interest income. Interest income from loan activity was $0 for the year ended July 31, 2024, and $49,187 for the year ended July 31, 2023.
- Products and services
- Prior to disposal: residential home purchase and renovation for resale (one home sold during the year ended July 31, 2025); land acquisition for construction of duplex apartments and single-family Garden Homes in Gadsden, Alabama (up to 30 units planned as Phase Two); and promissory note lending to third parties secured by real property. All operating subsidiaries were sold as of July 8, 2025.
- Customers and end markets
- End market was residential real estate buyers in Laurel, Mississippi, and Gadsden, Alabama. No customer concentration data disclosed in the filing excerpts.
- Value-chain role
- Operated as a small-scale residential real estate acquirer, renovator, and developer through subsidiaries. Also acted as a promissory note lender secured by real property. Following the July 8, 2025, disposal of RAC Real Estate Acquisition Corp. and RAC Gadsden LLC, the company has no disclosed operating role.
- Geographic exposure
- Operations were concentrated in Laurel, Mississippi, and Gadsden, Alabama, based on property acquisitions disclosed in the 10-K filed November 13, 2025.
Source: SEC 10-K, filed 2025-11-13
Industry:
Real Estate
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