FVTI · Fortune Valley Treasures, Inc. · Fails to Deliver
$0.06
At close · Aug 13
Return incl. dividend (before tax)
Going-concern doubt
— flagged Aug 14, 2024
Substantial doubt about the company's ability to continue as a going concern.
“We estimate the Company currently has insufficient working capital to support its daily operations for the next twelve months, without raising additional capital. ... If we are unable to generate sufficient profits from operations or obtain additional equity or debt financing as required, there could be substantial uncertainty regarding our ability to continue as a going concern.”View the 10-Q filed Aug 14, 2024
Market Cap
$981,570
Shares
15.66M
Volume · Aug 13
100
Avg daily vol (4 sessions)
1066
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.
Key facts
CIK
1626745