Home / Going-concern warnings / Ranger Gold Corp.

5/5Ranger Gold Corp. (RNGC): Going-concern doubt

Filed 2025-07-14 路 Form 10-K 路 Accession 0001477932-25-005018 cap n/a

Market data

n/a: no price data available for RNGC.

Insider trading around this filing

90 days before the flag: 1 insider bought $346 (4 purchases)
30 days after: 1 insider bought $844 (8 purchases)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-05-08Glass Bryan
President, Director, 10% owner
Purchase30,000$0.01$171noForm 4
2025-05-13Glass Bryan
President, Director, 10% owner
Purchase1,000$0.01$6noForm 4
2025-07-10Glass Bryan
President, Director, 10% owner
Purchase27,836$0.01$167noForm 4
2025-07-11Glass Bryan
President, Director, 10% owner
Purchase400$0.01$2noForm 4
2025-07-14: red flag filed
2025-07-16Glass Bryan
President, Director, 10% owner
Purchase3,000$0.01$18noForm 4
2025-07-17Glass Bryan
President, Director, 10% owner
Purchase2,500$0.01$15noForm 4
2025-07-21Glass Bryan
President, Director, 10% owner
Purchase625$0.01$4noForm 4
2025-07-29Glass Bryan
President, Director, 10% owner
Purchase500$0.01$3noForm 4
2025-08-01Glass Bryan
President, Director, 10% owner
Purchase5,000$0.01$30noForm 4
2025-08-06Glass Bryan
President, Director, 10% owner
Purchase24,992$0.01$150noForm 4
2025-08-11Glass Bryan
President, Director, 10% owner
Purchase100,000$0.01$600noForm 4
2025-08-13Glass Bryan
President, Director, 10% owner
Purchase4,000$0.01$24noForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-04-15 to 2025-08-13. 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

"This raises 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: MICHAEL GILLESPIE & ASSOCIATES, PLLC
Source: independent auditor report in Form 10-K (period 2025-03-31)

Why this score: in auditor's report

Read the original filing on SEC.gov →

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

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