FSTJ · First America Resources Corp · Fails to Deliver
$0.50
+0.05 (+11.11%)
At close · Oct 20
Return incl. dividend (before tax)
Going-concern doubt
— cleared Aug 13, 2026
The latest filing states the doubt was alleviated.
“The Company has a limited history of profitable operations and a working capital deficit, conditions which raised substantial doubt about its ability to continue as a going concern. However, the Company's recent operations have been profitable, and management's projections indicate positive cash flows through at least August 15, 2027. In addition, the Company's significant shareholders (Note 5) have demonstrated the ability and intent to fund the Company's operations through at least August 15, 2027. Management has concluded these factors alleviate the substantial doubt, and the financial statements have been prepared on a going concern basis.”View the 10-Q filed Aug 13, 2026
Market Cap
$43.98M
Shares
87.96M
Volume · Oct 20
200
Avg daily vol (3M)
2017
Fails to deliver — shares from a trade that were not delivered to the buyer by the settlement date — published by the SEC twice a month. Persistent fails can reflect settlement problems or naked short selling.