Home / Going-concern warnings / MMEX Resources Corp
Filed 2025-07-29 路 Form 10-K 路 Accession 0001477932-25-005291 nano
Price before filing: $0.0001 (2025-07-28 close, split/dividend-adjusted)
Market cap at flag: $1.1M (2025-07-29) 路 Latest: $22,296 (2026-10-16)
| Window | MMEX | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -99.0% | +1.9% | -100.9% | 2025-08-28 |
| 90 days | +0.0% | +7.9% | -7.9% | 2025-10-27 |
| 180 days | +0.0% | +9.4% | -9.4% | 2026-01-26 |
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.
"As discussed in Note 3 to the financial statements, the Company has recurring net losses, working capital deficit, and stockholders' deficit, which raises substantial doubt about its ability to continue as a going concern."
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.
Going-concern opinion issued by: M&K CPAS, PLLC
Source: independent auditor report in Form 10-K (period 2025-04-30)
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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