Home / Going-concern warnings / Sino Green Land Corp.

3/5Sino Green Land Corp. (SGLA): Going-concern doubt

Filed 2025-11-12 路 Form 10-Q 路 Accession 0001493152-25-021630 small

Market data

Price before filing: $2.2 (2025-11-11 close, split/dividend-adjusted)
Market cap at flag: $356.0M (2025-11-12) 路 Latest: $79.4M (2026-10-13)

What happened next

WindowSGLASPYvs SPY
30 days-22.7%-0.2%-22.5%2025-12-12
90 days+11.4%+1.6%+9.7%2026-02-10
180 days-22.3%+8.9%-31.1%2026-05-11

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.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-08-14 to 2025-12-12. 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

"As reflected in the accompanying financial statements, for the three months ended September 30, 2025, the Company incurred a net loss of $ 186,250 , and used cash in operating activities of $ 64,744 . The Company had an accumulated deficit at September 30, 2025 of $ 4,886,803 , and net current liabilities of $ 4,594,523 . These factors raise substantial doubt about the Company's ability to continue as a going..."

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 2025-09-30)

Why this score: quarterly (unaudited) disclosure

Read the original filing on SEC.gov →

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

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