Our intended business purpose is to seek the acquisition of, or merger with, an existing company. The acquisition of a business opportunity may be made by purchase, merger, exchange of stock, or otherwise, and may encompass assets or a business entity, such as a corporation, joint venture, or partnership. We have very limited capital, and it is unlikely that we will be able to take advantage of more than one such business opportunity. We intend to seek opportunities demonstrating the potential of long-term growth as opposed to short-term earnings. We will not restrict potential candidate target companies to any specific business, industry or geographical location and, thus, may acquire any type of business. As of the date hereof, we have made no efforts to identify a possible business combination including, but not limited to, not conducting negotiations or entering into a letter of intent with respect to any target business and we have not entered into a letter of intent or any definitive agreement with respect to any target business. If we are unable to locate a suitable entity with which to enter into a business combination, we may invest in passive investments as an alternative to acquiring a business. This may prove to be more suitable, as an alternative, because it will be a non-management control investment.
Company profile
Ticker
MSOF
Exchange
CEO
J. Bryant Kirkland
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
MULTI SOFT INC
SEC CIK
Corporate docs
IRS number
222588030
MSOF stock data
Latest filings (excl ownership)
10-Q
2022 Q2
Quarterly report
19 Sep 23
NT 10-Q
Notice of late quarterly filing
14 Sep 23
8-K
Changes in Registrant's Certifying Accountant
13 Sep 23
10-Q
2022 Q2
Quarterly report
14 Jun 23
10-K
2022 FY
Annual report
26 Apr 23
10-Q
2022 Q2
Quarterly report
9 Dec 22
10-Q
2022 Q2
Quarterly report
13 Sep 22
10-Q
2022 Q1
Quarterly report
10 Jun 22
10-K
2021 FY
Annual report
14 Apr 22
10-Q
2021 Q3
Quarterly report
7 Dec 21
Latest ownership filings
Financial summary
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Annual (USD) | Jan 23 | Jan 22 | Jan 21 | Jan 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 13.92 k | 13.92 k | 13.92 k | 13.92 k | 13.92 k | 13.92 k |
Cash burn (monthly) | 1.88 k | 10.33 | 10.64 k | 9.29 k | 5.88 k | 3.84 k |
Cash used (since last report) | 8.04 k | 44.14 | 45.46 k | 39.68 k | 25.13 k | 16.42 k |
Cash remaining | 5.88 k | 13.87 k | -31.54 k | -25.76 k | -11.21 k | -2.50 k |
Runway (months of cash) | 3.1 | 1342.4 | -3.0 | -2.8 | -1.9 | -0.7 |