Home / Going-concern warnings / CANNABIS SUISSE CORP.

5/5CANNABIS SUISSE CORP. (CSUI): Going-concern doubt

Filed 2025-09-12 路 Form 10-K 路 Accession 0001139020-25-000326 nano

Market data

Price before filing: $0.0165 (2025-09-11 close, split/dividend-adjusted)
Market cap at flag: $1.4M (2025-09-12) 路 Latest: $544,243 (2026-10-14)

What happened next

WindowCSUISPYvs SPY
30 days-15.2%+1.1%-16.3%2025-10-13
90 days-67.9%+5.1%-73.0%2025-12-11
180 days-21.2%+3.4%-24.6%2026-03-11

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-06-14 to 2025-10-12. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"As discussed in Note 3 to the financial statements, the entity has suffered recurring losses from operations and has a net capital deficiency that raise substantial doubt about its ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Going-concern opinion issued by: Mac Accounting Group & CPAs, LLP
Source: independent auditor report in Form 10-K (period 2025-05-31)

Why this score: in auditor's report; also within 90 days: Late annual report (NT 10-K)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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