Home / Going-concern warnings / Techlott Inc.
Filed 2025-11-19 路 Form 10-Q 路 Accession 0001493152-25-024258 cap n/a
n/a: no price data available for LOTT.
90 days before the flag: 1 insider sold $40K (2 sales)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-08-25 | Molchadsky Boris Director, 10% owner | Sale | 3,000,000 | $0.01 | $30K | no | Form 4 |
| 2025-09-02 | Molchadsky Boris Director, 10% owner | Sale | 750,000 | $0.01 | $10K | no | Form 4 |
| 2025-11-19: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-08-21 to 2025-12-19. 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.
"As of September 30, 2025 the Company had an accumulated deficit of 15,208,000 and a stockholders' deficiency of $ 7,758,000 . These matters raise substantial doubt about the Company's 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.
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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