Home / Going-concern warnings / Transglobal Management Group, Inc.
Filed 2025-04-21 路 Form 10-Q 路 Accession 0001683168-25-002706 nano
Price before filing: $0.0001 (2025-04-17 close, split/dividend-adjusted)
Market cap at flag: $391 (2025-04-21) 路 Latest: $846 (2026-10-16)
| Window | TMGI | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -33.3% | +10.7% | -44.1% | 2025-05-21 |
| 90 days | +8700.0% | +19.8% | +8680.2% | 2025-07-21 |
| 180 days | +43033.3% | +28.3% | +43005.1% | 2025-10-20 |
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.
"At February 28, 2025, the Company had negative working capital of $ 5,340,453 and an accumulated deficit of $ 15,332,497 . These factors raise substantial doubt regarding 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 2025-02-28)
Why this score: quarterly (unaudited) disclosure; also within 90 days: Auditor change, Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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