McQueen Labs Inc. (dba MCQ Markets)

Delaware corporation formed June 21, 2023, doing business as MCQ Markets, with a fiscal year ending March 31; CEO Curtis (Curt) Hopkins; Lachlan DeFrancesco is an officer and director, and Devlin DeFrancesco and Catherine DeFrancesco hold shares through entities they own. The company manages and administers McQueen Labs Series, LLC, from which it earns an Acquisition Fee of 11% of each car's purchase price plus an Administrative Fee payable in series units (waived to date) and, through a Class X unit, 20% of each series' distributions after unit holders recover their purchase price. It supplied cars to the series through wholly owned subsidiaries (MQ Solarbeam AMG, LLC for the 2014 Mercedes SLS AMG Black Series; Mushman Collectibles and Investments LLC for the 2001 Lamborghini Diablo, sold to the series' Montana subsidiary against a $1,015,000 promissory note). Its own capital: a Form D of March 2024 reporting $160,000 from two investors of a $1,700,000 equity offering; a Regulation Crowdfunding round through Jumpstart Micro at $5.40 a share that closed March 2025 at $168,345 for 35,072 securities including bonus shares; US$1,000,000 of convertible debentures from SOL Global Investments Corp. announced May 9, 2025, paid in about 11.5 million SOL Global shares at C$0.12; and a Form D of March 3, 2026 reporting $5,325,000 of debt securities sold to 12 investors of an $8,000,000 offering. The Form C-AR for the year ended March 31, 2025 reports no revenue, operating expenses of $6,907,420 (consulting $2,555,601, professional fees $742,237, lease expense $570,915, depreciation and amortization $452,330, research and development $261,844) and a net loss of $6,668,282 after $390,446 of realized and unrealized losses on equity securities, against a $665,004 loss in the prior period; total assets $4,926,627 including $1,770,847 of equity securities, cash $206,997. Selected unaudited balance-sheet data supplied to the series issuer show total assets of $6,412,646, total liabilities of $7,649,257 and member's equity of negative $1,393,814 at September 30, 2025. MCQ Markets launched December 7, 2024; a subsidiary, McQueen Garage Inc. (Ontario), trades exotic cars; a June 2025 release announced a Dogecoin-based car-trading venture. As of September 25, 2026 mcqmarkets.com is live, states that all offerings have been fully allocated or ended, and invites waitlist sign-ups.

Manager and administrator of McQueen Labs Series, LLC (CIK 2025795), the fractional collector-car issuer behind the MCQ Markets platform; Fort Lauderdale and Miami, Florida. Not an AltStreet-reviewed platform.