21 February 2026
PUBLIC CO MANAGEMENT CORP
10-K / February 4, 2026
10-K / January 13, 2025
10-K / February 4, 2026
Public Company Management Corporation
Overview
Public Company Management Corporation (PCMC) is a Nevada corporation, originally incorporated as MyOffiz, Inc. on October 26, 2000 and renamed Public Company Management Corporation on November 6, 2004. The company describes itself as a shell company in a development stage with no revenues and limited assets. Its objective is to identify and complete a merger or acquisition with a private entity.
Current activities
- No operating business or revenue-generating activities.
- Primary purpose is to seek and evaluate potential business combinations across a broad range of industries and geographies.
- Management expects to be able to pursue only a single potential business opportunity given the company’s nominal assets and limited resources.
- Any business combination would likely involve issuing PCMC securities to the target’s stockholders.
Potential targets and strategic focus
- The company has had preliminary discussions regarding a potential business combination with Physicians Capital Management Corporation (Maryland), a healthcare facilities owner/developer that leases properties under long-term net leases. Those discussions are exploratory and no definitive agreement exists.
- Risk disclosures describe a possible strategic shift toward real estate development and property-related opportunities.
Corporate structure and ownership
- Subsidiaries: GoPublicToday.com, Inc.; Pubco WhitePapers, Inc.; Public Company Management Services, Inc.; Nevada Management Corporation, Inc.
- Repository Services LLC owns 70.3% of PCMC’s common stock and holds broad flexibility in identifying and selecting a target business.
- Quynh Hoa T. Tran is the CEO and is described as the sole executive officer and effectively the sole director.
- There is no independent director; management’s multiple affiliations and the majority ownership structure create potential conflicts of interest.
Financial position (latest reported)
- Cash: $234,405 (as of September 30, 2025).
- Accumulated deficit: $5,736,177.
- No revenues or operating income; auditors expressed substantial doubt about the company’s ability to continue as a going concern.
- No full-time employees prior to a completed business combination; the CEO serves as the sole executive officer and is not employed under a formal employment agreement.
- The company has maintained a development-stage status since inception.
Capitalization and liquidity
- Authorized capital: 500,000,000 shares of common stock; 50,000,000 shares of preferred stock (no preferred shares issued).
- Outstanding common shares: 34,276,816.
- Majority shareholder controls 70.30% of outstanding common stock.
- The company has no formal debt arrangements; informal advances have been used to fund operations:
- Repository Services LLC: unsecured, non-interest bearing advances to fund operations.
- Specialty Capital Lenders LLC: committed financing of $20,000.
- Estimated ongoing costs for the next 12 months include Exchange Act reporting, franchise fees, registered agent, legal and accounting fees, and due diligence/candidate analysis (estimated $15,000–$25,000 per year), to be funded by advances until a business combination occurs.
Market and trading status
- Common stock is classified as a penny stock and reported to trade on the OTC Markets under the symbol PCMC.
- The market for the stock has historically been limited and illiquid; active trading and liquidity are not assured.
- As a shell company, PCMC is subject to enhanced disclosure requirements and regulation related to potential reverse merger transactions.
Key regulatory considerations and risks
- As a shell company, PCMC faces enhanced regulatory and reporting obligations; future registration statements under the Securities Act may be required for a business combination.
- A business combination could trigger resale restrictions, temporary loss of shelf or short-form registration eligibility, and other adjustments.
- Issuing additional shares to complete a transaction would likely dilute current shareholders and could change control of the company.
- Dependence on a single management team and the majority shareholder increases governance and conflict-of-interest risk.
- The absence of an independent director reduces independent oversight of expenses and corporate actions.
- The company may be unable to obtain financing or complete a business combination, which could require restructuring or abandonment of opportunities.
- Economic, geopolitical, climate-related disclosure and cybersecurity risks could affect the viability or timing of any target transaction.
Summary
Public Company Management Corporation is a Nevada-registered shell company with no current operations or revenues. The company is pursuing a single potential business combination and is funded in part by its majority shareholder and related parties. It maintains a small cash balance, carries a significant accumulated deficit, and faces substantial going-concern and governance risks while it continues exploratory discussions with potential targets in healthcare real estate and real estate development.
