3/5Limitless Projects Inc.: Going-concern doubt

Market data

n/a: no ticker symbol on the filing.

Verified excerpt

"The Company has incurred a consolidated net loss for the period of $ 13,835 and resulting in an accumulated deficit of $ 915,881 as of January 31, 2025, and it is anticipated that the Company may incur losses in the future development of its business raising substantial doubt about the Company's 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.

Source: management disclosure in Form 10-Q (period 2025-01-31)

Why this score: quarterly (unaudited) disclosure