---
schema_version: "secwatch.filing_event.v1"
accession: "0001640334-22-001601"
form_type: "8-K"
ticker: "MYCB"
cik: "0001556801"
company_name: "My City Builders, Inc."
filed_at: "2022-07-28T23:59:59+00:00"
generated_at: "2026-06-24T07:31:19.385897+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# iMine subsidiary lends $672,960 to Fix Pads, assigns half to third party

## Summary
- RAC, iMine unit, issued $672,960 promissory note to Fix Pads Holdings at 12% interest, secured by seven properties.
- Consideration paid by RAC ($328,625.72) and third-party investor Frank Campanaro ($328,625.73) funded the note.
- On July 26, RAC assigned to Campanaro rights to $336,480 principal and half of interest payments.
- Net result: iMine disposed $328,625.73 cash and acquired $334,480 in secured note receivable.

## SEC filing metadata
- accession: 0001640334-22-001601
- form_type: 8-K
- ticker: MYCB
- cik: 0001556801
- company_name: My City Builders, Inc.
- filed_at: 2022-07-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1556801/000164033422001601/0001640334-22-001601-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1556801/000164033422001601/jrvs_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640334-22-001601
- JSON: https://secwatch.observer/filing/0001640334-22-001601.json
- Plain text: https://secwatch.observer/filing/0001640334-22-001601.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.