LMMY
Industry:
Media & Entertainment

DESCRIPTION

LAMY is a development-stage company with no meaningful operations. LAMY's stated plan is to build an educational video game called TwoPlus1, designed to teach financial literacy to children through a subscription-based platform. The intended business model has two revenue streams: recurring subscription fees for access to the platform, and transaction commissions earned when users trade virtual property within the game. Neither revenue stream is operational, and the product has not launched. As of May 31, 2025, LAMY had zero cash, zero assets, and generated only $3,750 in revenue for FY25. The company's auditor has issued a going-concern opinion. A December 2024 change of control transferred majority ownership to Shengwu Zhang, a China-based technology executive. LAMY trades on the OTC Markets under the ticker LMMY.

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