Company Quick10K Filing
MicroChannel Technologies
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 184 $29
10-Q 2020-01-14 Quarter: 2019-11-30
10-K 2019-10-21 Annual: 2019-08-31
S-1 2019-08-26 Public Filing
10-Q 2019-07-02 Quarter: 2019-05-31
10-Q 2019-04-02 Quarter: 2019-02-28
10-Q 2019-01-11 Quarter: 2018-11-30
10-K 2018-11-29 Annual: 2018-08-31
10-Q 2018-07-20 Quarter: 2018-05-31
10-Q 2018-04-09 Quarter: 2018-02-28
10-Q 2018-03-02 Quarter: 2017-11-30
10-K 2018-02-20 Annual: 2017-08-31
10-Q 2018-02-16 Quarter: 2017-05-31
10-Q 2018-02-16 Quarter: 2017-02-28
10-Q 2018-02-16 Quarter: 2016-11-30
10-K 2018-02-02 Annual: 2016-08-31
10-Q 2018-01-26 Quarter: 2016-05-31
10-Q 2018-01-26 Quarter: 2016-02-29
10-Q 2018-01-26 Quarter: 2015-11-30
10-K 2018-01-22 Annual: 2015-08-31
10-Q 2015-06-25 Quarter: 2015-05-31
10-Q 2015-04-14 Quarter: 2015-02-28
10-Q 2015-01-14 Quarter: 2014-11-30
10-K 2014-11-06 Annual: 2014-08-31
10-Q 2014-07-15 Quarter: 2014-05-31
10-Q 2014-04-14 Quarter: 2014-02-28
10-Q 2014-01-10 Quarter: 2013-11-30
10-K 2013-11-14 Annual: 2013-08-31
10-Q 2013-04-12 Quarter: 2013-02-28
10-Q 2013-01-08 Quarter: 2012-11-30
10-K 2012-11-20 Annual: 2012-08-31
10-Q 2012-07-16 Quarter: 2012-05-31
10-Q 2012-04-16 Quarter: 2012-02-29
10-Q 2012-01-12 Quarter: 2011-11-30
10-K 2011-10-27 Annual: 2011-08-31
10-Q 2011-07-14 Quarter: 2011-05-31
10-Q 2011-04-12 Quarter: 2011-02-28
10-Q 2011-01-13 Quarter: 2010-11-30
10-K 2010-11-08 Annual: 2010-08-31
10-Q 2010-07-15 Quarter: 2010-05-31
10-Q 2010-04-08 Quarter: 2010-02-28
10-Q 2010-01-07 Quarter: 2009-11-30
8-K 2020-02-16 Enter Agreement, Exhibits
8-K 2020-02-03 Officers, Exhibits
8-K 2019-10-08 Regulation FD
8-K 2019-09-17 Regulation FD, Exhibits
8-K 2019-09-10 Control, Officers, Regulation FD
8-K 2019-09-10 Regulation FD, Exhibits
8-K 2019-08-09
8-K 2019-07-03 Shareholder Rights, Amend Bylaw, Other Events, Exhibits
8-K 2019-06-19 Control, Officers, Regulation FD

MicroChannel Technologies Financials

MCTC Metrics, Comps, Filings

Annual | Quarterly

Business

MicroChannel Technologies Corporation (the “Company”) was formed as a wholly-owned subsidiary of New Energy Technologies, Inc. (“New Energy”). New Energy spun off its issued and outstanding shares to New Energy's shareholders on December 18, 2007. We were incorporated under the name MultiChannel Technologies Corporation on February 28, 2005 in the State of Nevada, and changed to our existing name, on April 4, 2005.

On or about June 27, 2018 we changed domiciles from the State of Nevada to the State of Delaware and thereafter reorganized under the Delaware Holding Company Statute Delaware General Corporation Law Section 251(g). On or about July 12, 2018, two subsidiaries were formed for the purpose of effecting the reorganization. We incorporated MCTC Holdings, Inc. and MCTC Holdings Inc. incorporated MicroChannel Corp.. We then effected a merger involving the three constituents and under the terms of the merger we were merged into MicroChannel Corp., with MicroChannel Corp. surviving and our separate corporate existence ceasing. Following the merger MCTC Holdings, Inc. became the surviving publicly traded issuer and all of our assets and liabilities were merged into MCTC Holdings, Inc.'s wholly owned subsidiary MicroChannel Corp.. Our shareholders became the shareholders of MCTC Holdings, Inc. on a one for one basis.

We are not currently engaged in any business operations. We are, however, in the process of attempting to identify, locate, and if warranted, acquire new commercial opportunities.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Endurance Exploration (EXPL) 30,652 -75.6 -65% 607 698 0 0 -392 -406 30,651
West End Indiana Bancshares (WEIN) 30,596 3.7 0% 299,130 268,461 0 0 1,351 4,930 18,280
Learning Tree (LTRE) 30,416 43% -47.1 -9% 22,648 36,564 64,318 27,676 -2,059 -593 27,957
Yinfu Gold (ELRE) 29,852 -126.6 -2,216% 11 1,480 0 0 -236 -236 29,851
Qrons (QRON) 29,825 -9.2 -3,524% 92 273 0 -18 -3,228 -3,219 29,758
Kaya Holdings (KAYS) 29,656 72% 6.6 50% 3,067 18,368 817 592 1,548 4,471 29,545
Grom Social Enterprises (GRMM) 29,454 46% -6.6 -27% 19,446 13,565 8,875 4,078 -5,189 -4,321 28,598
MicroChannel Technologies (MCTC) 29,418 42,086.3 0 158 0 0 1 1 29,418
MobileSmith (MOST) 29,402 65% -14.1 -594% 1,573 49,351 2,839 1,846 -9,354 -4,902 68,914
Butler National (BUKS) 29,356 0% 2.1 7% 92,739 56,200 62,322 0 6,589 10,666 22,526
Reviv3 Procare (RVIV) 28,900 44% -191.0 -20% 741 64 993 440 -150 -150 28,554
Greenway Technologies (UMED) 28,876 -6.5 -1,086% 407 7,147 0 0 -4,422 -4,411 28,708
Oncobiologics (ONS) 28,798 0% -0.5 -110% 33,214 34,572 3,064 0 -36,627 -30,243 15,882
JetPay (JTPY) 28,637 41% 6.8 -1% 171,416 107,921 66,457 26,994 -1,047 4,875 33,287
Pivot Pharmaceuticals (PVOTF) 28,605 -3.2 -98% 9,549 6,181 0 0 -9,396 -8,833 28,560
SMG Industries (SMGI) 28,311 22% -16.0 -34% 8,009 7,185 5,104 1,117 -2,706 -1,904 30,494
Sanuwave Health (SNWV) 28,298 59% -3.1 -517% 1,513 17,869 1,548 906 -7,818 -9,193 28,143
Two Rivers Water & Farming (TURV) 28,133 43% -4.6 -24% 30,687 21,475 86 37 -7,320 -6,266 29,055
United Cannabis (CNAB) 28,061 23% -2.6 -73% 15,085 9,919 13,490 3,056 -10,992 -10,194 26,934
Parallax Health Sciences (PRLX) 27,960 340% -3.2 -684% 1,361 7,846 61 207 -9,311 -9,186 28,958

Balance Sheet ($'000)2012-08-312013-08-312014-08-312015-08-312016-08-312017-08-312018-08-312019-05-31
Cash67215265550
Accounts Receivable
Inventory
PP&E
Assets67215265550
Accounts Payable313113120
Long-Term Debt70
Liabilities3176798694140158
Stockholders' Equity6421-25-73-81-89-135-158
Income Statement ($'000)2012-08-312013-08-312014-08-312015-08-312016-08-312017-08-312018-08-312019-05-31
Revenue0000000
Cost of Revenue
Gross Profit
R&D00
SG&A12112
Tax0000000
Net Income-54-43-45-48-8-8-87
Cash Flow ($'000)2012-08-312013-08-312014-08-312015-08-312016-08-312017-08-312018-08-312019-05-31
Cash Operating-49-45-39-46-1-0-36
Cash Investing
Cash Financing007000036