Home / Going-concern warnings / Bio Green Med Solution, Inc.
Filed 2025-04-02 ยท Form 10-K ยท Accession 0001558370-25-004331 nano
Price before filing: n/a (n/a close, split/dividend-adjusted)
Market cap at flag: n/a ยท Latest: $5.1M (2026-10-16)
| Window | BGMS | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | n/a | n/a | n/a | |
| 90 days | n/a | n/a | n/a | |
| 180 days | n/a | n/a | n/a |
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 sold 194,628,820 shares (1 sale)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-02-26 | Lazar David E. Interim CEO, 10% owner | Sale | 194,628,820 | $0.03 | check filing | no | Form 4 |
| 2025-04-02: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-02 to 2025-05-02. 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.
"Our stock is a highly speculative investment. โ There is substantial doubt regarding our 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-K (period 2024-12-31)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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