3/5Dankon Corp (DNKC): Going-concern doubt

Verified excerpt

"As of August 31, 2026, the Company had an accumulated deficit of $ 53,555 , a cash balance of $3,621, a working capital deficit of $ 101,970 , and remained dependent on loans from its Chief Executive Officer, which totaled $ 95,080 . These factors raise substantial doubt about the Company's ability to continue as a going concern within one year after the date that these financial statements are issued."

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 2026-08-31)

Why this score: quarterly (unaudited) disclosure