FSTJ · First America Resources Corp
$0.41
At close · Sep 1
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
$36.06M
Shares
87.96M
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
No Insider Trading Data
No insider transactions are available for this stock yet.