Oyocar Group Inc. Liquidation Value

Oyocar Group Inc. (OYCG) is a Nevada-incorporated used-car dealer operating in the US and Dominican Republic, incorporated July 2023. At February 28, 2026, the liquidation recovery posture is deeply negative and deteriorating. Total assets stand at $3,134, of which $78 is cash (100% recovery), $900 is prepaid expenses (negligible recovery in wind-down), and $2,156 is net computer/website assets (tagged as CapitalizedComputerSoftwareNet and PropertyPlantAndEquipmentNet — under the liquidation lens these are effectively zero-recovery intangible/digital assets). Applying standard haircuts: liquidated asset pool is approximately $78 cash plus minimal prepaid salvage, yielding perhaps $100-150 in recoverable assets. Against this, total liabilities at face value are $9,875, consisting entirely of an unsecured, non-interest-bearing demand advance from the sole officer/director (oyo:AdvancesFromRelatedPartyTransactionAmounts). Net recovery to equity is approximately negative $9,700 to negative $9,800, consistent with the MFFAIS CLV/LLV/OLV of negative $9,797. This represents a material deterioration from the prior filing (Q1 FY2026, period ended November 30, 2025), where total assets were $16,968 and total liabilities were $16,417, yielding equity of $551. The primary driver of the deterioration is cash burn: cash fell from $12,315 at November 30, 2025 to $78 at February 28, 2026, a decline of $12,237 in a single quarter. The company generated zero revenue in the current six-month period (versus $44,085 in the prior-year comparative period), has an accumulated deficit of $85,771 since inception, and carries an auditor going-concern qualification on its August 31, 2025 annual statements. The related-party advance balance declined from $15,892 at November 30, 2025 to $9,875 at February 28, 2026 (a net repayment of $6,017 shown in financing activities), meaning the company used its last meaningful cash to partially repay the insider loan rather than fund operations. The filing does not separately disclose a deferred tax asset or liability in XBRL, though the accumulated loss would imply a substantial NOL carryforward — the absence of any deferred tax asset tagging is consistent with a full valuation allowance. No inventory, no accounts receivable, no long-term debt beyond the demand insider advance. The balance sheet is effectively a near-zero-asset shell with a small insider liability.