Home / Going-concern warnings / Bespoke Extracts, Inc.
Filed 2025-08-27 路 Form 10-Q 路 Accession 0001213900-25-081047 nano
Price before filing: $0.1949 (2025-08-26 close, split/dividend-adjusted)
Market cap at flag: $2.2M (2025-08-27) 路 Latest: $5,625 (2026-10-15)
| Window | BSPK | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +38.5% | +2.9% | +35.7% | 2025-09-26 |
| 90 days | -33.3% | +4.9% | -38.2% | 2025-11-25 |
| 180 days | +29.5% | +6.4% | +23.1% | 2026-02-23 |
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 $880 (1 purchase)
30 days after: 1 insider bought $2K (4 purchases)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-07-02 | FEINSOD MICHAEL CEO, Director, 10% owner | Purchase | 8,000 | $0.11 | $880 | no | Form 4 |
| 2025-08-27: red flag filed | |||||||
| 2025-09-05 | FEINSOD MICHAEL CEO, Director, 10% owner | Purchase | 2,500 | $0.20 | $500 | no | Form 4 |
| 2025-09-08 | FEINSOD MICHAEL CEO, Director, 10% owner | Purchase | 2,500 | $0.19 | $475 | no | Form 4 |
| 2025-09-10 | FEINSOD MICHAEL CEO, Director, 10% owner | Purchase | 2,000 | $0.19 | $380 | no | Form 4 |
| 2025-09-11 | FEINSOD MICHAEL CEO, Director, 10% owner | Purchase | 1,500 | $0.27 | $405 | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-05-29 to 2025-09-26. 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 the Company's 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 2025-06-30)
Why this score: quarterly (unaudited) disclosure; also within 90 days: 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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