Home / Going-concern warnings / Bespoke Extracts, Inc.
Filed 2025-06-30 路 Form 10-Q 路 Accession 0001213900-25-059645 nano
Price before filing: $0.1139 (2025-06-27 close, split/dividend-adjusted)
Market cap at flag: $1.3M (2025-06-30) 路 Latest: $5,625 (2026-10-15)
| Window | BSPK | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +62.4% | +3.2% | +59.2% | 2025-07-30 |
| 90 days | +137.1% | +8.2% | +128.8% | 2025-09-29 |
| 180 days | +75.6% | +12.5% | +63.1% | 2025-12-29 |
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.
90 days before the flag: 1 insider bought $210 (2 purchases)
30 days after: 1 insider bought $880 (1 purchase)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-05-09 | FEINSOD MICHAEL CEO, Director, 10% owner | Purchase | 1,000 | $0.11 | $110 | no | Form 4 |
| 2025-05-12 | FEINSOD MICHAEL CEO, Director, 10% owner | Purchase | 1,000 | $0.10 | $100 | no | Form 4 |
| 2025-06-30: red flag filed | |||||||
| 2025-07-02 | FEINSOD MICHAEL CEO, Director, 10% owner | Purchase | 8,000 | $0.11 | $880 | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-04-01 to 2025-07-30. 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.
"This raises substantial doubt about our ability to continue as a going concern for a period of one year from the date of these financial statements."
Quoted from the filing. Source
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 2025-03-31)
Why this score: quarterly (unaudited) disclosure; also within 90 days: Auditor change, Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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